USD 188.81 billion
Technical Textile Market Size, Share, Growth Analysis, By Material(Natural Fiber, Synthetic Polymer, Metal, Mineral), By Manufacturing Process(Thermo-forming, 3D Weaving, 3D Knitting, Nanotechnology), By Product Form(Fabric, Fiber And Yarn), By Application(Agro Textiles, Buildtech Textiles, Indutech Textile, Hometech Textile), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG25M2007 |
Region:
Global |
Published Date: April, 2024
Pages:
223
|Tables:
129
|Figures:
77
Technical Textile Market Insights
Global Technical Textile Market size was valued at USD 188.81 billion in 2022 and is poised to grow from USD 197.68 billion in 2023 to USD 285.46 billion by 2031, at a CAGR of 4.70% during the forecast period (2024-2031).
The term technical textile refers to textile materials that are produced to suit performance and technical needs rather than aesthetic or decorative ones. The primary industries where technical textile is used are agriculture and horticulture, building and civil engineering, footwear and clothing, furniture and coverings for homes, cleaning and conveying industrial equipment, the automotive industry, environmental protection, the packaging industry, personal protective equipment, sport, and recreation. Technical textiles are also made from fibres with unique properties, such as Saran, Vinalon, Vinyon, Spandex, Modal, Sulphar, Twaron, Kevlar, Nomex, PBI, and others. These are composed of a variety of natural and synthetic fibres, including Acetate, Rayon, Nylon, Polyester, Acrylic, Olefin, and others.
Products made with technical textiles perform better than textiles of a more conventional nature. Natural and synthetic fibres are both utilised to make many sorts of products. By combining a number of unique chemical procedures with different natural fibres to give them the desired new qualities, synthetic fibres are created for these purposes. These fibres are superior than synthetic fibres in terms of strength, and as a result, they are frequently utilised in a variety of industries, including the automotive, medical, and other fields, in addition to clothing.
US Technical Textile Market is poised to grow at a sustainable CAGR for the next forecast year.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Synthetic Polymer
Fastest Growth
Natural Fiber
Growth Rate
4.70% CAGR
Global Technical Textile Market, 2022-2030 ($ Bn)
Country Share for Asia Pacific Region- 2022 (%)
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Technical Textile Market Segmental Analysis
Global Technical Textile Market is segmented based on the material, manufacturing process, product form, application and region. According to material, the market of technical textile is sub segmented into Natural Fiber, Synthetic Polymer, Metal, Mineral, Regenerated Fiber and others. Based on manufacturing process, global Technical Textile Market is segmented into Thermo-forming, 3D Weaving, 3D Knitting, Nanotechnology, Heat-set Synthetics, Finishing Treatments, Hand-made Elements and others. According to product form the Technical Textile Market is sub segmented into fabric, fiber and yarn. Based on application, the Technical Textile Market is sub segmented into Agro Textiles, Buildtech Textiles, Indutech Textile, Hometech Textile, Medtech Textile, Packtech Textile, Protech Textile, Transtech Textile, Sportech Textile, Clothtech Textile and others. Based on Region, Technical Textile Market is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.
Technical Textile Market Analysis by Material
The synthetic polymer segment dominated the global market. This can be attributed to factors like great quality and affordable cost. Synthetic polymers are the preferred material for creating textiles for a variety of applications since technical textiles aren't made for decoration but rather for strength and endurance. The most potent material in terms of technical characteristics, polymer composites have also been demonstrated and evaluated by several end-use sectors, demonstrating better mechanical capabilities, durability, and sustainability. Additionally, polymers can be blended with other non-polymeric technical fibres to improve the technical textile qualities for a variety of applications.
The natural fiber segment is anticipated to grow at a high CAGR during the forecast period. The increased awareness of the environmental contamination of synthetic materials is to blame for this. As a consequence, environmentally friendly materials have been created and adopted in the manufacture of technical textiles, which in turn is fueling the market's expansion on a worldwide scale.
Technical Textile Market Analysis by Application
The hometech textile segment dominated the global market. This can be attributed to the expanding domestic market's need for the goods. It comprises furniture, floor and wall coverings, fireproofing, and cushioning materials, among other things. Residential development is anticipated to rise in the next years, particularly in emerging nations, signalling a favourable trend.
MobilTech segment is expected to grow at a high CAGR during the forecast period. This can be attributed to a well-established customer base in industrialised nations like Europe and North America. Future predictions for this segment indicate that it will expand significantly, mostly as a result of the sharp increase in demand for vehicles with advanced technical features.
Global Technical Textile Market By Material, 2022 (%)
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Technical Textile Market Regional Insights
AsiaPacific dominated the global market. Due to the distinctive functional qualities that technical textile offers, such as hygienic and safety, cost effectiveness, durability, strength, lightweight, versatility, user-friendliness, logistical convenience and environmental sustainability, the use of the product is expanding in the automotive, geotextiles, agricultural, geotextiles, industrial/military, medical/healthcare, and construction industries. Over the course of the projection period, the demand for apparel and protective, industrial, and functional clothing is anticipated to increase. The expansion of China's residential, commercial, and industrial sectors together with supportive government policies for India's entire textile industry is anticipated to increase the market's growth possibilities. The goal of the Indian prime minister's active participation with the Cabinet Committee on Economic Affairs (CCEA) is to expand the domestic technical textile market.
Europe region is expected to show a high growth rate for the market during the forecast period owing to the product demand led by fashion clothing and household applications. Additionally, an increase in tourism, healthcare, and automotive activities is anticipated to significantly boost key end-use textile categories, supporting the market expansion.
Global Technical Textile Market By Geography, 2022-2030
- Largest
- Fastest
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Technical Textile Market Dynamics
Technical Textile Market Driver
- The increased use of technical textiles and associated products is being encouraged by growing knowledge of their improved functioning and applications. The increased adaptability of unconventional textile value has prompted traditional manufacturing to speed up innovation and improve traditional fibres by supporting the technological development of textiles. The shift is linked to the increase in demand for products with higher features such personal safety, high strength, and lightweight as well as flexibility and durability. Thus, increased adaptability and awareness regarding the products are driving market growth.
- The technical textiles market has a wide range of applications and is heavily reliant on the development of each country's end-use sector. Compared to industrialized economies in the Americas and Europe, the industrial sector is growing faster in developing economies like China and India. As a result, increased industrialization in these economies is anticipated to provide a growth-friendly environment.
Technical Textile Market Restraint
- The cost of technical textiles is higher than that of traditional textiles. These items must be produced using more accurate manufacturing processes and need more trained labor since they must adhere to strict technical specifications. As a result, production is expensive. This factor is expected to hinder market growth.
- To accommodate expensive production processes, technical textiles typically employ man-made raw materials including viscose, nylon, acrylic/modacrylic, high-density, and polymer-based fibres. Therefore, it is anticipated that the technology utilised to produce the aforementioned synthetic raw materials will harm the market expansion.
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Technical Textile Market Competitive Landscape
Global Technical Textile Market share is reasonably consolidated and competitive. The major industry participants continually implement various growth strategies to maintain a competitive edge. Many businesses are emphasizing organic growth initiatives, including new launches, product approvals, and others like patents and events. Major Players include Low & Bonar PLC, Freudenberg Group, Berry Global Group, Inc., Ahlstrom-Munksjo and Asahi Kasei Advance Corporation. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D.
Technical Textile Market Top Player's Company Profiles
- DuPont de Nemours, Inc.
- Freudenberg SE
- Johns Manville
- Ahlstrom-Munksjö Oyj
- Kimberly-Clark Corporation
- Berry Global, Inc.
- HUESKER Group
- TWE Group GmbH
- Beaulieu Technical Textiles
- Low & Bonar PLC
- 3M Company
- Teijin Limited
- Toyobo Co., Ltd.
- Milliken & Company
- Asahi Kasei Corporation
- GSE Environmental, LLC
- TenCate Geosynthetics Americas
- Saint-Gobain S.A.
- SRF Limited
- W. L. Gore & Associates, Inc.
Technical Textile Market Recent Developments
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Freudenberg Performance Materials unveiled a brand-new technical textiles website devoted to South America in November 2023.
-
Transforming Textiles AB unveiled Sense-Tex, a cutting-edge yarn and fabric technology, in November 2023. It blends superior functionality, sustainability, and style. This cutting-edge textile product aims to give consumers an unmatched experience by combining style, clever technology, and environmental consciousness.
-
March 2023 (Purchase) Archroma, a global leader in environmentally friendly specialty chemicals and solutions for a range of sectors, including paints, packaging & paper, textiles, and more, has successfully acquired the Textile Effects division of Huntsman Corporation.
- An extended collaboration between DuPont, an American multinational corporation, and Team Rubicon, a veteran-led humanitarian group that assists communities prior to, during, and following crises and disasters, was announced in December 2022. Tyvek protective clothing donations, personal protective equipment (PPE) applications, training, and instructional support, safety-focused website material, access to safety staff, possible volunteer opportunities, and awareness-raising both within and outside of DuPont are all part of this deeper connection.
Technical Textile Key Market Trends
- The textile sector has experienced rapid expansion in the majority of its product categories thanks to technological advancement, particularly in the case of technical textiles. It is anticipated that new technologies would lower production costs, making the manufacture of technical textiles financially viable. We can now make technical textile fibres with the practical qualities needed for technical textiles thanks to advancements in the spinning, weaving, and knitting industries, such as melt spinning, thermoforming, and three-dimensional weaving and wet spinning. High performance fibre manufacturing has its roots in technologically developed nations like the US, Japan, Canada, and several European nations and is advancing in emerging nations like India, China, and Korea.
Technical Textile Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.
According to our Global Technical Textile Market analysis, growing public awareness about the many advantages and the use of cutting-edge technologies to increase output will favourably impact growth. Due to the increasing rate of soil erosion and the need for environmentally friendly water treatment and erosion control strategies, there will be a growth in the market for geo-tech textiles. Governments have imposed restrictions on the use of technical textiles in specific sectors, including manufacturing and mining. In the upcoming years, the demand for technical textiles is anticipated to increase quickly due to their use in the production of surgical hosiery, hats, beddings, sheets, pillow covers, and uniforms.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 188.81 billion |
| Market size value in 2031 | USD 285.46 billion |
| Growth Rate | 4.70% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Technical Textile Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Technical Textile Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Technical Textile Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Technical Textile Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Technical Textile Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Technical Textile Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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