Global Technical Textiles Market Analysis – Trends, Insights & Forecasts (2024-2030)

  • Publish Date
    August 25, 2024
  • No of Pages
    360
  • SKU Code
    GIR 7071
  • Format

Report Overview

  • Understand the latest market trends and future growth opportunities for the Technical Textiles industry globally with research from the Global Industry Reports team of in-country analysts – experts by industry and geographic specialization.
  • Key trends are clearly and succinctly summarized alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight, and confident growth projections.
  • The report will cover the overall analysis and insights in relation to the size and growth rate of the “Technical Textiles Market” by various segments at a global and regional level for the 2010-2030 period, with 2010-2022 as historical data, 2023 as a base year, 2024 as an estimated year and 2024-2030 as forecast period.

Description:

  • The global market for Technical Textiles estimated at US$198.9 Billion in the year 2023, is expected to reach US$276.8 Billion by 2030, growing at a CAGR of 4.8% over the analysis period 2023-2030.
  • Woven, one of the segments analyzed in the report, is expected to record a 4.7% CAGR and reach US$109.3 Billion by the end of the analysis period. Growth in the Non-Woven segment is estimated at 5.4% CAGR over the analysis period.
  • The Technical Textiles market in the U.S. is estimated at US$49.4 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$58.9 Billion by the year 2030 trailing a CAGR of 6.7% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 2.7% and 3.8% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.5% CAGR.
  • The global technical textiles market is expanding rapidly, driven by key trends and factors. Technical textiles are specialized materials engineered for specific functional purposes across various industries like automotive, healthcare, and construction. Innovations in smart textiles, which incorporate sensors for connectivity and data collection, are a significant trend, particularly in health monitoring. Sustainability is another major focus, with efforts to develop eco-friendly materials and processes. Market growth is fueled by rising demand for durable and functional materials, stringent safety regulations, and technological advancements that enhance the properties and applications of technical textiles.

Technical textiles market 2023

MARKET DATA INCLUDED

  • Unit SalesAverage Selling PricesMarket Size & Growth Trends
  • COVID-19 Impact and Global Recession Analysis
  • Analysis of US inflation reduction act 2022
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies – Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Market Drivers & Limiters
  • Market Forecasts Until 2030, and Historical Data to 2015
  • Recent Mergers & Acquisitions
  • Company Profiles and Product Portfolios
  • Leading Competitors

The Report Includes:

  • The report provides a deep dive into details of the industry including definitions, classifications, and industry chain structure.
  • Analysis of key supply-side and demand trends.
  • Detailed segmentation of international and local products.
  • Historic volume and value sizes, company, and brand market shares.
  • Five-year forecasts of market trends and market growth.
  • Robust and transparent research methodology conducted in-country.
  • Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors.
  • Provision of market value (USD Billion) data for each segment and sub-segment.
  • Analysis by geography, region, Country, and its states.
  • A brief overview of the commercial potential of products, technologies, and applications.
  • Company profiles of leading market participants dealing in products category.
  • Description of properties and manufacturing processes.
  • marketed segments on the basis of type, application, end users, region, and others.
  • Discussion of the current state, setbacks, innovations, and future needs of the market.
  • Examination of the market by application and by product sizes; utility-scale, medium scale and small-scale.
  • Country-specific data and analysis for the United States, Russia, China, Germany, United Kingdom, France, Japan, Israel, Saudi Arabia, South Korea, United Arab Emirates, Canada, Switzerland, Australia, India, Italy, Turkey, Qatar, Sweden, Spain, Belgium, Netherlands, Norway, Singapore, Egypt, Denmark, Austria, Vietnam, Brazil, Argentina, Mexico, South Africa, and others.
  • Coverage of historical overview, key industrial development and regulatory framework.
  • Analysis of competitive developments, such as contracts & agreements, expansions, new product developments, and mergers & acquisitions in the market.
  • A look at the opportunities in the market for stakeholders and provide a competitive landscape of the market leaders.

Reports Scope and Segments:

Report Attribute Details
Market size value in 2023 USD 198.9 Billion
Revenue forecast in 2030 USD 276.8 Billion
Growth Rate CAGR of 4.9% from 2022 to 2030
Base year for estimation 2023
Historical data 2015 – 2022
Forecast period 2024 – 2030
Quantitative units Revenue in USD million and CAGR from 2024 to 2030
Report coverage Revenue forecast, company ranking, competitive landscape, growth factors, trends, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives

COVID-19 Impact, Market Growth Trends, Market Limiters, Competitive Analysis & SWOT for Top Competitors, Mergers & Acquisitions, Company Profiles, Product Portfolios, Disease Overviews.

Market Size, Market Shares, Market Forecasts, Market Growth Rates, Units Sold, and Average Selling Prices.

Segments covered Material, Type, Technology, Application, Region
Regional scope North America; Europe; Asia Pacific; Latin America; Middle East and Africa and rest of the world
Country scope United States, Russia, China, Germany, United Kingdom, France, Japan, Israel, Saudi Arabia, South Korea, United Arab Emirates, Canada, Switzerland, Australia, India, Italy, Turkey, Qatar, Sweden, Spain, Belgium, Netherlands, Norway, Singapore, Egypt, Denmark, Austria, Vietnam, Brazil, Argentina, Mexico, South Africa, and others.
Key companies profiled 3M Company; AccuGeo Liner, Inc.; ACE Geosynthetics; Agru America Inc.; Ahlstrom-Munksj Oyj; Aksa Akrilik Kimya Sanayii AS; Alyaf Industrial Co., Ltd.; Arville Textiles Ltd.; Asahi Kasei Corporation; Asiatic Fiber Corporation; Auburn Manufacturing, Inc.; Aurich Textiles GmbH; Baltex; Beaulieu International Group; Belton Industries Inc.; Berry Global Group; Borgers SE & Co. KGaA; Bruck Textiles; Carthage Mills, Inc.; Compagnie de Saint-Gobain S.A.; Delcotex; Delfingen Industry S.A; Don & Low Ltd.; Dow Inc.; DSM Dyneema BV; DuPont de Nemours, Inc.; Duvaltex; Fibertex Nonwovens A/S; Freudenberg Group; Freudenberg SE; Gelvenor Textiles; Global Synthetics Pty. Ltd.; GSE Environmental; Hanes Geo Components; Hindoostan Mills Ltd.; Huesker Synthetic GmbH; Huntsman International LLC; International Textile Group; Johns Manville; Kama Holdings Ltd; Kimberly-Clark Corporation; Koninklijke Ten Cate; Lanxess; Lenzing Plastics GmbH & Co KG; Low & Bonar PLC; Milliken & Company; Mitsui Chemicals, Inc.; NAUE GmbH & Co. KG; Nikol Advance Materials Pvt. Ltd; Officine Maccaferri  S.p.A.; Propex Operating Company LLC; Royal Ten Cate; Sanrhea Technical Textiles Ltd; SGL Carbon; SKAPS Industries; Solmax; SRF Ltd; Strata Systems Inc.; Techfab India; Teijin Limited; Thrace Group; Toray Industries, Inc.; Toyobo Co; TWE Group GmbH and others
Customization scope Free report customization (equivalent up to 20 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope.
Report Format PDF, PPT, Excel & Online User Account

Report Segmented by:

Based on Material:

  • Natural Fiber
  • Cotton
  • Wool
  • Others
  • Synthetic Polymer
  • Polyether sulfone (PES)
  • Polyamide (PA)
  • Polyacrylonitrile (PAN)
  • Polypropylene (PP)
  • Polyester
  • Others
  • Mineral
  • Asbestos
  • Glass
  • Ceramic
  • Fiber
  • Metal
  • Regenerated Fiber
  • Rayon
  • Acetate
  • Others

  Based on Technology:

  • Woven
  • Knitted
  • Non-Woven
  • others

Based on Application:

  • Mobiltech
  • Sportech
  • Buildtech
  • Hometech
  • Clothtech
  • Meditech
  • Agrotech
  • Protech
  • Packtech
  • Oekotech
  • Geotech
  • Indutech
  • Smart Textiles

Based on Region:

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America
  • Rest Of The World

Companies Covered in Report:

3M Company GSE Environmental
AccuGeo Liner, Inc. Hanes Geo Components
ACE Geosynthetics Hindoostan Mills Ltd.
Agru America Inc. Huesker Synthetic GmbH
Ahlstrom-Munksj Oyj Huntsman International LLC
Aksa Akrilik Kimya Sanayii AS International Textile Group
Alyaf Industrial Co., Ltd. Johns Manville
Arville Textiles Ltd. Kama Holdings Ltd
Asahi Kasei Corporation Kimberly-Clark Corporation
Asiatic Fiber Corporation Koninklijke Ten Cate
Auburn Manufacturing, Inc. Lanxess
Aurich Textiles GmbH Lenzing Plastics GmbH & Co KG
Baltex Low & Bonar PLC
Beaulieu International Group Milliken & Company
Belton Industries Inc. Mitsui Chemicals, Inc.
Berry Global Group NAUE GmbH & Co. KG
Borgers SE & Co. KGaA Nikol Advance Materials Pvt. Ltd
Bruck Textiles Officine Maccaferri  S.p.A.
Carthage Mills, Inc. Propex Operating Company LLC
Compagnie de Saint-Gobain S.A. Royal Ten Cate
Delcotex Sanrhea Technical Textiles Ltd
Delfingen Industry S.A SGL Carbon
Don & Low Ltd. SKAPS Industries
Dow Inc. Solmax
DSM Dyneema BV SRF Ltd
DuPont de Nemours, Inc. Strata Systems Inc.
Duvaltex Techfab India
Fibertex Nonwovens A/S Teijin  Limited
Freudenberg Group Thrace Group
Freudenberg SE Toray Industries, Inc.
Gelvenor Textiles Toyobo Co
Global Synthetics Pty. Ltd. TWE Group GmbH

After Sales Support

  • Every updated edition of the report and full data stack will be provided at no extra cost for 24 months.
  • Latest 2023 base year report.
  • Free Updated edition of 2024 every quarter without any hidden cost.
  • No user limitation for the report. Unlimited access within the organization.
  • Unrestricted post-sales support at no additional cost
  • Free report customization (equivalent up to 10 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope
  • Global Industry Reports will support your post-purchases for a period of 24 months to answer any of your queries related to the following market and to provide you any more data needed, for your analysis.
  • Option to purchase regional or some selected Chapters from the report.

Key questions that are answered in this report

  • What is the current size of global technical textile market?
  • How is the technical textile market aligned?
  • Who are the key players in the global technical textile market?
  • What are the latest ongoing trends in the technical textile market?
  • Executive Summary
  • Research Methodology
    • Primary Research
    • Secondary Research
    • Market Analytics
    • Revenue Forecasting
  • Market Overview
    • Market Definition
    • Scope of the Study
      • Research Objectives
      • Assumptions & Limitations
      • Market Structure
    • Market Dynamics
      • Introduction
      • Microeconomic Factor Analysis
      • Market Evolution
      • Technology Roadmap
      • Demand-Supply Dynamics
      • Growth Drivers
      • Restraints
      • Opportunities
      • Challenges
      • Sustainable Strategies
    • Market Trend Analysis (Product Analysis, Technology Analysis, Application Analysis)
    • Industry Analysis
      • Profitability analysis
      • Supply Chain & Value Chain Analysis
      • Porter’s Five Forces Analysis
        • Bargaining power of Suppliers
        • Bargaining Power of Buyers
        • Threat of substitutes
        • Threat of new entrants
        • Degree of Competition
      • PEST Analysis
      • Upstream and downstream profitability analysis and opportunities

Global Market Scope

  1. Market analysis by product category
  2. Market analysis by component / type
  3. Market analysis by technology
  4. Market analysis by application
  5. Market analysis by industry vertical
  6. Market analysis by end-use
  7. Market analysis by emerging technologies, trends and applications
  8. Market analysis by region
    • North America
      • US
      • Canada
      • Mexico
      • Others
    • South America
      • Brazil
      • Argentina
      • Chile
      • Colombia
      • Peru
      • Venezuela
      • Ecuador
      • Others
    • Europe
      • Germany
      • France
      • UK
      • Russia
      • Italy
      • Spain
      • Sweden
      • Netherlands
      • Poland
      • Austria
      • Belgium
      • Finland
      • Norway
      • Switzerland
      • Denmark
      • Czech Republic
      • Portugal
      • Others
    • Asia-Pacific
      • China
      • Japan
      • South Korea
      • Taiwan
      • India
      • Australia
      • Indonesia
      • Philippines
      • Malaysia
      • Others
    • Middle East
      • Iran
      • Turkey
      • Kuwait
      • UAE
      • Israel
      • Oman
      • Bahrain
      • Saudi Arabia
      • Qatar
      • Egypt
      • Others
    • Africa
      • Algeria
      • Libya
      • South Africa
      • Sudan
      • Zimbabwe
      • Others
  1. Competitive Landscape
    • Introduction
    • Market share analysis by key market players (North America, South America, Europe, APAC, Africa)
    • Market Strategy
    • Mergers and Acquisitions
    • New Product Launches
    • Asset Transactions
    • Financial Announcements
  2. Company Profile (key market players)
    • Company profile 1
      • Company Overview
      • Strategic Initiatives
      • Financial Analysis
      • Product Benchmarking
      • SWOT Analysis
    • Company profile 2
      • Company Overview
      • Strategic Initiatives
      • Financial Analysis
      • Product Benchmarking
      • SWOT Analysis
    • Company profile 3
      • Company Overview
      • Strategic Initiatives
      • Financial Analysis
      • Product Benchmarking
      • SWOT Analysis
    • Company profile 4
      • Company Overview
      • Strategic Initiatives
      • Financial Analysis
      • Product Benchmarking
      • SWOT Analysis
    • Company profile 5
      • Company Overview
      • Strategic Initiatives
      • Financial Analysis
      • Product Benchmarking
      • SWOT Analysis
    • Company profile 6
      • Company Overview
      • Strategic Initiatives
      • Financial Analysis
      • Product Benchmarking
      • SWOT Analysis
    • Company profile 7
      • Company Overview
      • Strategic Initiatives
      • Financial Analysis
      • Product Benchmarking
      • SWOT Analysis
    • Company profile 8
      • Company Overview
      • Strategic Initiatives
      • Financial Analysis
      • Product Benchmarking
      • SWOT Analysis
    • Company profile 9
      • Company Overview
      • Strategic Initiatives
      • Financial Analysis
      • Product Benchmarking
      • SWOT Analysis
    • Company profile 10
      • Company Overview
      • Strategic Initiatives
      • Financial Analysis
      • Product Benchmarking
      • SWOT Analysis
  1. Other Companies

150+

Methodology

Research Methodology is the process used to collect information and data for the purpose of making business decisions. The success of a research project is entirely dependent on the research methodology adopted by the company. Research Methodology and Scope We have implemented a mix of primary and secondary research for our market estimate and forecast. Secondary research formed the initial phase of our study, where we conducted extensive data mining, referring to verified data sources such as independent studies, company annual reports, white papers, case studies, government and regulatory published articles, technical journals, magazines, and paid data sources. It was also used to obtain important information about the key players and market classification & segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives. A database of the key industry leaders was also prepared using secondary research.

In the primary research process, various primary sources from both supply and demand sides have been interviewed to obtain qualitative and quantitative information important for respective regions. The primary sources from the supply side included industry experts such as CEOs, VPs, marketing directors, technology and innovation directors, and related executives from key companies and organizations operating in the respective regions. The primary data has been collected through questionnaires, e-mails, and telephonic interviews, end-user surveys, consumer surveys, technology distributors and wholesaler’s surveys.

  • Quantitative methods (e.g. surveys) are best for measuring, ranking, categorizing, identifying patterns and making generalizations
  • Qualitative methods (e.g. interviews) are best for describing, interpreting, contextualizing, and gaining in-depth insight into specific concepts or phenomena
  • Mixed methods allow for a combination of numerical measurement and in-depth exploration.

Market drivers and restraints, along with their current and expected impacts, technological scenario and expected developments, end-use industry trends and dynamics  and consumer behavior trends  these forecasting parameters were considered.

Ethical approach, attention to detail, consistency, latest trend in the market and highly authentic source these are benefits of company’s research methodology.

Global Industry Reports

Market size estimation methodology top-down and bottom-up approaches

Both top-down and bottom-up approaches have been used to estimate and validate the total size of the virtual reality market. These methods have also been extensively used to estimate the sizes of various market subsegments. Estimating the size of the market in each region by adding the sizes of country-wise markets and tracking the ongoing and upcoming implementation of virtual reality projects by various companies in each region and forecasting the size of the virtual reality market based on these developments and other critical parameters, including COVID-19 related impacts

Data Triangulation

After arriving at the overall market size—using the market size estimation processes explained above—the market has been split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation, and market breakdown procedures have been employed, wherever applicable. The data has been triangulated by studying various factors and trends from both the demand and supply sides. It provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, company profiles, key player strategies competitive developments and key developments) influencing the virtual reality market growth.

Statistical Model

Our market estimates and forecasts are derived through simulation models. A unique model is created customized for each study. Gathered information for market dynamics, technology landscape, application development and pricing trends is fed into the model and analyzed simultaneously. These factors are studied on a comparative basis, and their impact over the forecast period is quantified with the help of correlation, regression and time series analysis.

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