Technical Textile Market, By Application (Agrotech, Buildtech, Hometech, Indutech, Sportech, Packtech, Mobiltech, Meditech, Clothtech, Geotech, Protech, Oekotech), By Process (Non-woven, Composites, and others), and By Regions (North America, Latin Americ

Technical Textile Market, By Application (Agrotech, Buildtech, Hometech, Indutech, Sportech, Packtech, Mobiltech, Meditech, Clothtech, Geotech, Protech, Oekotech), By Process (Non-woven, Composites, and others), and By Regions (North America, Latin America, Europe, Asia Pacific, Middle East & Africa (MEA) - Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030

Technical textile is a specialized textile used not only in the automotive and transportation industry, but also in other industries as well. The selection of textile concentrate majorly on aspects such as visual appeal, safety, and comfort. For this reason, technical textile specialists must have strong understanding of the customer's requirement and taste, and must be able to translate them into designing and printing specifications, in line with specific customer needs. Furthermore, technical textile designers must also have knowledge of different fabrics, such as nylon, silk, velour, and leather and should be able to create a design that is compatible and complementary to each of these fabrics. The technical textiles are the products which have the higher performance qualities as compared to traditional textiles. The type of materials used for manufacturing comprises synthetic fibers and natural fibers. Synthetic fibers which are used for the application are manufactured by the combination of some special chemical process on number of natural fibers to impart a new properties in them. These fibers have greater qualities such as higher strength than the manmade fibers and hence they are having use in not only for apparel but also for the other different applications such as in medical fields and automotive.

Market Dynamics

Increasing investment in R&D of new high-performance woven textile solutions is expected to propel growth of the global technical textiles market over the forecast period. For instance, in February 2020, Quantum Materials announced to invest US$ 3.5 million to further diversify its business with customized state-of-the-art manufacturing equipment for research and development of non-traditional and high-performance woven textile solutions.

Launch of new products is expected to propel growth of the global technical textiles market over the forecast period. For instance, in August 2021, Carrington Textiles, a maker of personal protective equipment (PPE), has announced that six of its flame retardant fabrics have been granted RU status for ‘flame resistant clothing for protection of industrial employees against short-duration thermal exposures from fire.’ The RU mark, is a status recognized by UL, a global safety certifying authority that is part of the Occupational Safety and Health Administration.

Key features of the study:

• This report provides in-depth analysis of technical textile market and provides market size (US$ Billion and Kilo Tons) and cumulative annual growth rate (CAGR %) for the forecast period (2023 – 2030), considering 2022 as the base year
• It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategy adopted by the leading players
• It profiles leading players in the global technical textile market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• Key companies covered as a part of this study include Low & Bonar PLC, Ahlstrom Group, E. I. du Pont de Nemours and Company (DuPont), 3M Company, Polymer Group Inc., Milliken & Company Inc., Arville Textiles Ltd., Dickson-Constant, Baltex, and Freudenberg & Co. KG
• Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launches, technology up gradation, market expansion, and marketing tactics
• The global technical textile market report caters to various stakeholders in this industry including investors, suppliers, Technical textile manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the technical textile market

Detailed Segmentation:

• Global Technical Textile Market, By Application:
• Agrotech
• Buildtech
• Hometech
• Indutech
• Sportech
• Packtech
• Mobiltech
• Meditech
• Clothtech
• Geotech
• Protech
• Oekotech
• Global Technical Textile Market, By Process:
• Non-woven
• Composites
• Others
• Global Technical Textile Market, By Region:
• North America
• U.S.
• Latin America
• Mexico
• Brazil
• Argentina
• Rest of Latin America
• Europe
• EU
• Nordic
• Russia
• Ukraine
• Poland
• Rest of Europe
• Asia Pacific
• China
• India
• Japan
• OCEANIA
• Middle East & Africa
• Turkey
• South Africa
• Rest of Middle East & Africa
• Company Profiles
• Low & Bonar PLC*
• Company Overview
• Product Portfolio
• Financial Performance
• Key Strategies
• Recent Developments
• Future Plans
• Ahlstrom Group
• E.I. DuPont de Nemours and Company (DuPont)
• 3M Company
• Polymer Group Inc.
• Milliken & Company Inc.
• Arville Textiles Ltd.
• Dickson-Constant
• Baltex
• Freudenberg & Co. KG

“*” marked represents similar segmentation in other categories in the respective section