The global demand for Technical Textiles Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period of 2022 - 2028. Regarding volume, the market was calculated XX Thousand Tons in 2021 and forecast to touch XX Thousand Tons by 2028 with a CAGR of XX% during 2022-2028.
Technical textiles are textile materials manufactured to meet technical and performance requirements rather than decorative or aesthetical ones. Technical textiles are manufactured by using natural and man-made fibres. The main areas of technical textile include agriculture, horticulture, construction & civil engineering, footwear, clothing, automotive industry, environmental protection, packaging industry, and personal protective equipment. Technical textiles are products which have higher performance qualities. Technical textiles are designed to maximize functionality rather than comfort and aesthetics.
The major factor influencing the technical textiles market growth includes increasing awareness about the benefits of technical textiles in various end-user industries. Moreover, the rise in demand for technical textiles in agriculture and farming activities to boost crop yield and modernization in farming methods has bolstered the technical textile market growth prospects. Furthermore, due to their use in manufacturing surgical hoses, caps, beddings, sheets, pillow covers, and uniforms, the demand for technical textiles has influenced the market in the coming years. However, the market's growth is mainly hampered due to the high cost of the product compared to conventional low-cost alternatives.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of technical textiles. The growth and trends of Technical Textiles Industry provide a holistic approach to this study.
This section of the technical textiles market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
- Natuiral Fiber (Cotton, Wool, Others)
- Synthetic Polymer (Polyethersulfone (PES), Polyamide (PA), Polyacrylonitrile (PAN), Polypropylene (PP), Polyester, Others)
- Mineral (Asbestos, Glass, Ceramic Fiber, Metal, Regenerated Fiber, Rayon, Acetate, Others)
This section covers the regional outlook, which accentuates current and future demand for the Technical Textiles market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Technical Textiles Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the technical textiles market include Asahi Kasei (Japan), Kimberly Clarke (US), Berry Global Group (US), DuPont (US), Mitsui Chemicals (Japan), and Freudenberg & Co. (Germany). Other players include Low & Bonar (UK), Huntsman (US), Toyobo Co. (Japan), Milliken & Company (US), SRF Limited (India), Koninklijke Ten Cate (Netherlands), and International Textile Group (US). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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