Technical Textile Industry Brief Analysis On Top Key players: DuPont de Nemours & Co, Ahlstrom Corporation, Johns Manville, GSE Environmental Inc, Royal Ten Cate, Freudenberg & Co, 3M, Proctor and Gamble, Huesker Synthetic GmbH

The global technical textile market is driven by increasing demand for hometech textile and mobiltech textile. The application of technical textile in mobiltech segment is crucial, as it reduces the weight of vehicles by providing light advanced material that is strong and durable. Various components of automobiles such as seat upholstery, carpets, seat belts, headliners, tire cords, liners, composite reinforcements for automotive bodies, civil and military aircraft bodies, wings, and engine components are made up of technical textiles, owing to their light weight and high strength. The growing construction and housing activities in emerging economies such as India and China has fueled the growth of hometech textiles for household application. Moreover, government regulations mandating the use of geosynthesis in infrastructure development projects has paved the way for growing demand in the technical textile market.

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.

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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.

Mobiletech and hometech are the fastest growing end user segments in the technical textile market owing to continuously expanding automobile production and construction activities. Automobile and construction industries have been improving their existing market share thereby opening new avenues for innovative technical textile products.

Technical textile is applicable for numerous industrial, commercial as well as domestic use owing to its superior properties such as higher strength, lightweight, versatility, and superior technical performance.

Increase in population, urbanization, and increased spending on infrastructure by the emerging economies such as India and China are the few factors that have a positive impact on the technical textile market. Moreover, government regulations mandating the use of Geotech textile in infrastructure development projects has paved the way for growing demand in the technical textile market.

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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