Technical Textile - Global Market Outlook (2020-2028)
According to Stratistics MRC, the Global Technical Textile Market is accounted for $164.60 billion in 2020 and is expected to reach $309.21 billion by 2028 growing at a CAGR of 8.2% during the forecast period. Increasing adaptability and awareness of products and demand for lightweight and fuel-efficient vehicles are the major factors propelling the market growth. However, volatility in raw material prices is hampering the market growth.
Technical textiles are products that have higher performance qualities as compared to traditional textiles. The types of materials used for manufacturing comprise synthetic fibers and natural. The synthetic fibers that are used for these applications are manufactured by the combination of some special chemical processes on various natural fibers to impart the new properties.
Based on the process, the non-woven segment is estimated to have a lucrative growth during the forecast period. This process improves the properties of the material, which results in enhanced performance of the textile material. Moreover, the properties of the non-woven textiles are cushioning, absorbency, softness, strength, and others.
By geography, Asia Pacific is going to have lucrative growth due to high investment by the government for R&D activities. Besides, the availability of various financial supports and the emergence of mid-size enterprises with new products is expected to further support the growth of this region.
Some of the key players profiled in the Technical Textile Market include Terram, Strata Geosystems, Milliken & Company, Berry Global, Johnson & Johnson, Mitsui Chemicals, Inc, Ludvig Svensson, Kimberly-Clark Corporation, DuPont, Johns Manville, International Fibres Group, SKAPS Industries, Huesker, SRF Limited, Freudenberg Group, Helios Group, Delcotex, Huntsman Corporation (HUN), Asahi Kasei company, and 3M.
• Other Processes
• Synthetic Polymers/Fibers
• Natural Fiber
• Regenerated Fiber
• Specialty Fiber
• High Performance Fiber
• Three Dimensional (3D) Knitting
• Three Dimensional (3D) Weaving
• Finishing Treatments
• Hand-Made Elements
• Heat-Set Synthetics
Product Forms Covered:
End Users Covered:
• Military & Defense
• Weather Monitoring
• Agriculture, Horticulture and Fishing
• Electronics Industry
• Medical Industry
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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