Global Technical Textiles Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
MarketResearch.biz delivers in-depth insights on the global technical textiles market in its upcoming report titled, “Global Technical Textiles Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2027”. The global technical textiles market is estimated to register a CAGR of X.X% in terms of value during forecast period 2017–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global technical textiles market report has been segmented on the basis of material, process, application, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Technical textiles are designed for various functional purposes that can be used in different sectors such as aerospace, military, sports, agriculture, construction, health care, etc. Traditionally, natural fibers such as jute, cotton, sisal, flax were being used for making technical cloths, ropes, tents, etc. Currently, technical textiles are made using metals, minerals, synthetic polymers, regenerated polymers, and naturals fibers. It is made using various process such as weaving, knitting, braiding, etc.
Increasing demand for technical textiles in transportation sector and for protective clothing is a major factor driving growth of the global technical textiles market. Technical textiles are used for making seat belts, airbags, nylon tire cords, airline disposables, helmets, seat upholstery in commercial, as well as military vehicles. In addition, increasing use of technical textile for production of soft toys, mattress, pillow components, fiberfill, carpets, blinds for houses is another factor fueling growth of the global market.
Growing demand for technical textiles for various new applications such as packaging, sportswear, medical is a factor expected to propel growth of the target market. Furthermore, increasing adoption of technical textiles by consumers is another factor anticipated to boost growth of the global technical textiles market in the near future.
However, high cost of finished goods with technical textiles may hamper growth of the global market. Nevertheless, increasing use of geotextiles such as geo-nets, geo-grids, geo-composites, as well as research and development activities for expanding its areas of application which can create high revenue opportunities for players in the target market.
Market in Asia Pacific is expected to witness fastest growth over the forecast period. Growing technical textiles market in developing countries such as India and China is a key factor expected to fuel growth of the technical textiles market in this region. Market in North America is expected to witness high growth in terms of revenue in the near future, followed by Europe, Latin America, and Middle East and Africa.
Global Technical Textiles Market Segmentation:
- Natural Fiber
- Synthetic Polymer
- Regenerated Fiber
- Protective and Safety Clothing
- Medical and Hygiene Textiles
- Agriculture, Horticulture and Fishing
- Transport Textiles
- Home Textiles
- Sport and Leisure
- Others (Packaging and Containment, Ecological Protection Textiles, Clothing Components)
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- I. du Pont de Nemours and Company
- Asahi Kasei Corporation
- Kimberly-Clark Corporation
- Mitsui Chemicals
- Huntsman Corporation
- Low & Bonar PLC
- Freudenberg & Co. Kommanditgesellschaft
- Berry Global Group, Inc.
- Toyobo Co., Ltd.
- Milliken & Company, Inc.
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