Technical Textile Market Expected to Reach $244,032 Million, Globally, By Top Key Players: DuPont de Nemours & co, Ahlstrom Corporation, Johns Manville, GSE Environmental Inc., Royal Ten Cate, Freudenberg & Co, 3M, and Others

The global technical textile market size is expected to reach $244,032 million by 2022 from $158,429 million in 2015 with a CAGR of 6.4% from 2016 to 2022. Technical textiles are welfare textiles used for their diverse and multifunctional properties. They are manufactured for non-aesthetic purposes and offer several advantages in their functional aspect for improving health & safety. They have applications ranging from simple use in agriculture, clothing, packaging & furnishing to more complicated application in automotive, filtration, construction, and environmental protection.

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The robust growth in the production of automobiles and increase in construction activities has led to increased demand for mobiltech textile and hometech textile respectively. Technical textile is applicable in various automotive parts such as airbags, seatbelt, carpets, filters, hood liners, battery separators, and belt reinforcement as it reduces the overall weight of the vehicle. The growing construction and housing activities in emerging economies such as India and China has fueled the growth of hometech textiles in household application.

However, high production cost of finished goods and high toxic waste production are some factors that hamper the growth of market, while recyclability of nonwoven textiles is expected to open new avenues for the technical textile market during the forecast period.

Technical Textile Market Key Findings:

• Asia-Pacific is expected to continue to lead the market during the forecast period followed by Europe.

• Mobiltech end user segment generated the highest revenue and is projected to grow with a CAGR of 5.2% during the forecast period.

• Geotech is the fastest growing end user segment in the technical textile market registering a CAGR of 7.3% during the forecast period.

• The technical textile market in LAMEA region is expanding at a CAGR of 6.8% from 2016 to 2022.

• Nonwoven type technical textile accounted for more than half of the share in the global technical textile market, registering a CAGR of 6.7% from 2016 to 2022.

Asia-Pacific and Europe collectively contributed more than half of the share in the global technical textile market by revenue in 2015. The major players that operates in the market are DuPont de Nemours & co., Ahlstrom corporation, Johns Manville, GSE Environmental Inc., Royal Ten Cate, Freudenberg & Co., Proctor and Gamble, 3M, Huesker Synthetic GmbH, and Hindustan Technical Fabrics Limited.

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Some of the major players include

• DuPont de Nemours & co.,
• Ahlstrom Corporation,
• Johns Manville,
• GSE Environmental Inc.,
• Royal Ten Cate,
• Freudenberg & Co.,
• Proctor and Gamble,
• 3M,
• Huesker Synthetic GmbH, and
• Hindustan Technical Fabrics Limited.

The other key market players (not profiled in the report) in the value chain include, Andritz Perfojet SAS, Southwest Nano Technologies Inc., Precot Meridian, Alexium International, Lenzing, Ontex, and Polymer Group Inc., Avintiv, Kusumgar Corporates, SRF Ltd., Ibena Textilewerke GmbH, Johnson & Johnson, SKAPS Industries, Kimberley Clark Corporation, Maccaferri, and Strata Geosystems Pvt. Ltd.

Table Of Content


Chapter: : 1 INTRODUCTION

1.1 REPORT DESCRIPTION
1.2 KEY BENEFITS
1.3 KEY MARKET SEGMENTS
1.4 RESEARCH METHODOLOGY

1.4.1 Secondary Research
1.4.2 Primary Research
1.4.3 Analyst Tools and Models

Chapter: : 2 EXECUTIVE SUMMARY

2.1 CXO PERSPECTIVE

Chapter: : 3 MARKET OVERVIEW

3.1 MARKET DEFINITION AND SCOPE
3.2 KEY FINDINGS

3.2.1 Top Factors Impacting the Market
3.2.2 Top Investment Pockets
3.2.3 Top Winning Strategies

3.3 PORTERS FIVE FORCE ANALYSIS
3.4 MARKET SHARE ANALYSIS, 2015 (%)
3.5 MARKET DYNAMICS

3.5.1 Drivers
3.5.2 Restraints
3.5.3 Opportunities

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