Global Technical Textile Market 2018 Top Companies are 3M, DuPont, Ahlstrom, Johns Manville, HUESKER Group, DiloGroup, Hindoostan Technical Fabrics Limited, Procter & Gamble, Freudenberg Group, TenCate, GSE Environmental, Asahi Kasei, Kimberly-Clark

Material and Chemical INDUSTRY IS CHANGING because of the change in Global Technical Textile Market that are happening due to some key players and brands who are dominating the market in the forecast period of 2018 to 2025.This report is a window to the Global Technical Textile Market which explains what market definition, classifications, applications, engagements and market trends are. The report also contains the drivers and restrains for the Global Technical Textile Market that are derived from SWOT analysis, and also shows what all the recent developments, product launches, joint ventures, merges and accusations by the several key players and brands that are driving the market are by systemic company profiles.

The Global Technical Textile Market is expected to reach USD 249.23 billion by 2025, from USD 156.68 billion in 2017 growing at a CAGR of 5.87% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year is 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

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Competitive Landscape:

The global technical textile market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Technical Textile market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
In 2016, DiloGroup (Germany) introduced its latest products and development at CINTE Techtextil China, CINTE Techtextil China is the Asia’s leading biennial trade fair for technical textile.

Market Definition:

Technical textile is used for their multifunctional features. It is manufactured for non-aesthetic purposes and offers various advantages for its functional aspect in improving health and safety. Hometech textile and mobiltech textile are two form of textile which is widely used by automotive in reducing the weight of the vehicle by providing light material that is tough and durable. It has various applications in agriculture, packaging and furnishing, clothing, and other. According to the Industrial Trade Administration, in 2017, U.S. light vehicle sales reached up to 17.1 million units. In the same year, about 2.0 million new light vehicles and 130,000 medium and heavy trucks were shipped by the U.S. to more than 200 markets all round the world with additional exports of automotive parts valued almost about USD 85.6 billion. As per the U.S. Food and Agriculture Industries, in 2017, the food and agriculture industries are the active contributors to the US economy, accounting for around USD 6.79 trillion or 20.4% of total national output. Thus above factor proves that automotive sector is growing and will derive the demand for technical textile.

Key Market Competitors:

The key players operating in the global technical textile market are –
• 3M,
• Dupont,
• Ahlstrom Corporation,
• Johns Manville,
• Huesker Synthetic Gmbh,
• DiloGroup,
• Hindustan Technical Fabrics Limited,
• Proctor and Gamble,
• Freudenberg & Co.,
• Royal Ten Cate,
• GSE Environmental Inc.,
• Asahi Kasei,
• Kimberley-Clark,
• Mitsui Chemicals,
• Huntsman,
• Berry Global Group,
• Toyobo Co.,
• Milliken & Company,
• SRF Limited,
• Lanxess,
• Koninklijke Ten Cate,
• International Textile Group

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Market Drivers:

• High adaptability and awareness of products
• Growing demand from emerging industrial markets
• Raising demand for new applications areas

Market Restraint:

• High cost of finished product affects the pricing structure
• Varying environmental mandates across regions

Segmentation:

By Material Type

• Ceramics
• Natural Fiber

o Cotton
o Wool
o Others

• Synthetic Polymer

o Polyethersulfone (PES)
o Polyamide (PA)
o Polyacrylonitrile (PAN)
o Polypropylene (PP)
o Polyester
o Others

• Mineral

o Asbestos
o Glass
o Ceramic Fiber

• Metal
• Regenerated Fiber

o Rayon
o Acetate
• Others

By Process

• Woven
• Knitted
• Non-Woven
• Others

By Application

• Mobiltech
• Sportech
• Buildtech
• Hometech
• Clothtech
• Meditech
• Agrotech
• Protech

By Geography

• North America
o U.S.
o Canada,
o Mexico

• Europe

o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Turkey
o Belgium
o Netherlands
o Switzerland
o Rest of Europe

• Asia-Pacific

o Japan
o China
o South Korea
o India
o Australia
o Singapore
o Thailand
o Malaysia
o Indonesia
o Philippines
o Rest of Asia Pacific

• South America

o Brazil
o Rest of South America

• Middle East & Africa

o South Africa
o Saudi Arabia
o UAE
o Rest of MEA

Key Insights in the report:

• Historical and current market size and projection up to 2025

• Market trends impacting the growth of the global technical textile market

• Analyze and forecast technical textile market on the basis of material, process, application.

• Trends of key regional and country-level markets for material, process, application.

• Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis.

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