Global Technical Textiles Market 2024-2028
Technical Textiles Market 2024-2028
The technical textiles market is forecasted to grow by USD 64.6 bn during 2023-2028, accelerating at a CAGR of 5.07% during the forecast period. The report on the technical textiles market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing use of technical textiles in industrial manufacturing sector, rising importance of healthcare and hygiene, and increasing focus on sports.
Technavio's technical textiles market is segmented as below:
By Application
- Mobiltech
- Indutech
- Sporttech
- Buildtech
- Others
By Product Type
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the increasing use of technical textiles in security and defense as one of the prime reasons driving the technical textiles market growth during the next few years. Also, proliferation of new technologies and growing use of geotechnical textiles will lead to sizable demand in the market.
The report on the technical textiles market covers the following areas:
- Technical textiles market sizing
- Technical textiles market forecast
- Technical textiles market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading technical textiles market vendors that include 3M Co., Ahlstrom Holding 3 Oy, Asahi Kasei Corp., Berry Inc., Don and Low Ltd., DuPont de Nemours Inc., Duvaltex Inc., Elevate Textiles Inc., Freudenberg Performance Materials, Heytex Bramsche GmbH, Hindoostan Mills Ltd., HUESKER Synthetic GmbH, Huntsman Corp., Indian Technical Textile Association, Milliken and Co., Mitsui Chemicals Inc., SKAPS Industries Inc., SRF Ltd., Toray Industries Inc., and Toyobo Co. Ltd.. Also, the technical textiles market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.