Global Technical Textiles Market Growth 2023-2029

Global Technical Textiles Market Growth 2023-2029

A technical textile is a textile product manufactured for non-aesthetic purposes, where function is the primary criterion. Technical textiles include textiles for automotive applications, medical textiles (e.g., implants), geotextiles (reinforcement of embankments), agrotextiles (textiles for crop protection), and protective clothing (e.g., heat and radiation protection for fire fighter clothing, molten metal protection for welders, stab protection and bulletproof vests, and spacesuits).

LPI (LP Information)' newest research report, the “Technical Textiles Industry Forecast” looks at past sales and reviews total world Technical Textiles sales in 2022, providing a comprehensive analysis by region and market sector of projected Technical Textiles sales for 2023 through 2029. With Technical Textiles sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Technical Textiles industry.

This Insight Report provides a comprehensive analysis of the global Technical Textiles landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Technical Textiles portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Technical Textiles market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Technical Textiles and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Technical Textiles.

The global Technical Textiles market size is projected to grow from US$ 182350 million in 2022 to US$ 242380 million in 2029; it is expected to grow at a CAGR of 242380 from 2023 to 2029.

Global Technical Textiles key players include Ahlstrom, Global-safety-textiles, Kimberly-Clark, Cnlovely, NBOND, etc. Global top five players hold a share about 8%.

Asia-Pacific is the largest market, with a share about 30%, followed by Norht America and Europe, having a total share about 25 percent.

In terms of product, Traditional Textiles is the largest segment, with a share about 50%. And in terms of application, the largest application is Electronic Industry, followed by Aerospace, Medical Industry, Architective, Agriculture, Auto industry.

This report presents a comprehensive overview, market shares, and growth opportunities of Technical Textiles market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Nonwovens

Composite Textiles

Traditional Textiles

Segmentation by application

Agriculture

Auto

Electronic

Aerospace

Medical

Architective

Other

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

DuPont

Beaulieu Technical Textiles

Ahlstrom

Techtex

Freudenberg

Honeywell

Johns Manville

3M

Global-safety-textiles

Kimberly-Clark

TWE-Group

Alexium International

JM-Textile

Huntsman

Asahi Kasei Fibers

Protan

Milliken

Invista

Arville

Polymer Group

AandE

Borgers

Don and Low

PandG

DELFINGEN

IBENA

Lenzing

Tech-Tex

Schoeller-textiles

Key Questions Addressed in this Report

What is the 10-year outlook for the global Technical Textiles market?

What factors are driving Technical Textiles market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Technical Textiles market opportunities vary by end market size?

How does Technical Textiles break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.