Global Technical Textiles Market 2022-2028
Technical textiles are defined as textile materials and products used primarily for their technical performance and functional properties rather than their aesthetic or decorative characteristics. They are manufactured using natural as well as man-made fibres such as Nomex, Kevlar, Spandex, Twaron that exhibit enhanced functional properties such as higher tenacity, excellent insulation, improved thermal resistance etc. The global technical textiles market is likely to register a CAGR of over 5.4% with an incremental growth of USD 82 billion during the forecast period 2022-2028.
The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global technical textiles market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the technical textiles industry.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the material, process, end user, and region. The global market for technical textiles can be segmented by material: metal, mineral, natural fiber, regenerated fiber, synthetic polymer, others. The synthetic polymer segment was the largest contributor to the global technical textiles market in 2021. Technical textiles market is further segmented by process: knitted, nonwoven, woven, others. According to the research, the woven segment had the largest share in the global technical textiles market. Based on end user, the technical textiles market is segmented into: buildtech, clothtech, hometech, indutech, meditech, mobiltech, packtech, sportech, others. The mobiltech segment held the largest revenue share in 2021. On the basis of region, the technical textiles market also can be divided into: Asia Pacific, Europe, North America, Rest of the World (RoW).
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