Technical Textile Market 2020-2025 | DuPont (US), Kimberly Clark (US), Asahi Kasei (Japan), Berry Global Group (US), and Mitsui Chemicals

The global technical textile market is segmented based on type, material, end-use application, and region. On the basis of type, the market is divided into woven, nonwoven, and others (weaving, knitting, and braiding). By material, it is bifurcated into uniform and composite. Depending on end-use application, it is fragmented into 12 sectors, which include AgroTech, BuildTech, ClothTech, GeoTech, HomeTech, InduTech, MediTech, MobilTech, OekoTech, PackTech, ProTech, and SportTech. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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The global technical textile market is divided into 5 key regions such as North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa. Technological advancement is taking place across the globe, influencing the global demand for product with high functionality and superior quality. This is where the technical textile comes in the picture. Their unique quality, easy handling, and less maintenance cost is uplifting its demand worldwide. Asia Pacific is key region as of now however, India particularly is projected to witness tremendous growth over the forecast period.

The report aims at estimating and projecting the market size and future growth potential of the technical textile market across different segments, namely, material, process, application, and region. It also provides detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges). The report further aims to study individual growth trends, future prospects, and the contribution of various segments to the overall market. The study also analyzes the opportunities in the market for stakeholders and provides details of a competitive landscape of market leaders. It profiles key players and comprehensively analyzes their core competencies.

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There is stiff competition between woven and nonwoven process. In Woven segment dominated the global technical textile market in the year 2019. However, the anticipated growth rate is higher for the non-woven segment which is about 7.9% by the end of 2025. Use of non-woven in the technical textile is not a new trend. Today in many industrial sectors nonwovens are widely used and play a vital role in technological textiles worldwide. Also, nonwoven fabrics can also be recycled after its use with the help of proper technique and treatment. Hence, this segment is projected to witness a promising growth over the forecast period.

Synthetic polymer is the most preferred material for the technical textile across the globe. Synthetic polymers ate nothing but petrochemical synthetic fibres hence are cheaper in comparison to the natural material. Today's synthetic polymers are better at tensile strength, elongation, elastic properties, specific gravity, effect of moisture, effect of sunlight, effects of acid, effects of alkalis, and resistant to micro-organism.

In terms of end-user, Packtech, Hometech, and Indutech accounted for a major market share in the year 2019 however, segments such as Geotech, Oekotech, and Protech are projected to show fastest growth over the forecast growth. Protech is a group of textile products and related materials used in the production of diverse protective clothing. It is mainly comprise of protective clothing for personnel working in hazardous environment. For instance, if you see a person testing samples near a volcanic eruption then he is definitely wearing one of the technical textile material.

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In terms of region, Asia Pacific dominated the global technical textile market for many obvious factors. China accounted for a major market revenue share followed by Rest of Asia Pacific, Japan and India. U.S. dominated the North America technical textile market with a majority share in the year 2019. Mexico is the fastest growing because U.S. is already doing well with most of the U.S. companies moving their base of operation to Mexico which is anticipated to be the fastest growing region in the technical textile market over the foreseeable future. Canada is projected to show a growth of 3.6% over the estimated period.

Key segments across Technical Textile Market

Process Overview, 2018-2025, (USD Billion)
Woven
Non- Woven
Others
Material Overview, 2018-2025, (USD Billion)
Natural
Synthetic Polymer
Mineral
Metal
Regenerated Fibre
Others
End-User Overview, 2018-2025, (USD Billion)
BuildTech
Mobiltech
Indutech
Sportech
Hometech
Clothtech
Meditech
Agrotech
Protech
Packtech
Oekotech
Geotech

Regional Overview, 2018-2025, (USD Billion)
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Rest of Europe
Asia Pacific
China
India
Japan
Rest of Asia-Pacific
Central & South America
Middle East & Africa

Reasons for the study

The purpose of the study is to give an exhaustive outlook of the global Technical Textile. Benchmark yourself against the rest of the market.
Be prepared for how glass industry investments and Technical Textile will be impacted by socio-political and economic factors over the next few years
Ensure you remain competitive as new innovations by existing key players boost the market.

What does the report include?

The study on the global technical textile includes qualitative factors such as drivers, restraints, and opportunities.
The study covers the competitive landscape of existing/prospective players in the industry and their strategic initiatives for the product development
The study covers a qualitative and quantitative analysis of the market segmented on the basis of type and end-user. Moreover, the study provides similar information for the key geographies.
Actual market sizes and forecasts have been provided for all the above-mentioned segments.

Who should buy this report?

This study is suitable for industry participants and stakeholders in the global technical textile. The report will benefit:

Every stakeholder involved in manufacturing and distributing components or solutions.
Managers within financial institutions looking to publish recent and forecasted statistics pertaining to the global technical textile.
Government organizations, regulatory authorities, policymakers and financial organizations looking for T&D investment trends in global technical textile.
Analysts, researchers, educators, strategy managers, and academic institutions looking for insights into the market to determine future strategies.

Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market's size, key trends, participants and future outlook of an industry. We intend to become our clients' knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code- Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

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