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Technical Textiles Market Trends, Future Overview, Top Growing Companies (2021-2025)
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Use of Technical Textiles in Agro-based Operations to Generate Higher Revenue
The use of agrotech or agro textiles, which constitute nonwovens, wovens, and knitted fabrics, is expected to give this market a shot in the arm. The uptake of agro textiles will be higher in agrarian economies such as India and China. These materials are specifically used for resistance to solar and ultraviolet radiation, high potential to retain water, protection to crops, and windshields to say the list. The modern era of agriculture is expected to result in higher sales of these textiles in the coming years as countries make an effort towards battling the food crisis amidst rising demand.
Increasing Sports Participation to Open Doors for Technical Textiles Market
Sport is an important segment of the global technical textiles market. Increasing participation in sporting activities across the globe has created a plethora of opportunities for the market. Technical textiles allowed users to develop state-of-art sportswear to understand posture, balance, and stance of a player better. With sensors such as plastic optical fiber (POF) functional fabrics can track real-time physiological information of the wearer. The demand for technical textiles in sportswear will also be driven by its super water-resistant qualities and lightweight structure. As a result, growing interest in hiking, mountaineering, cycling, skiing, cricket, and tennis amongst others is expected to bode well for the market.
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Asia Pacific Shows Keen Interest in Technical Textiles as Industrial Growth Remains High
Fairfield Market Research states that Asia Pacific technical textiles market is likely to leap forward as the region is witnessing industrial growth across all sectors. From agriculture to manufacturing, the fast-emerging economies of India, China, and Japan are expected to make significant contributions to the technical textiles market. The surging demand for functional clothing as sectors such as sports and medicine evolve is expected to lead to higher uptake of technical textiles. The increasing defence expenditure on sophisticated ballistic vests and protective clothing has been driving the demand for technical textiles. The use of agro-tech textiles to improve yield and geotech textiles are also poised to make a worthwhile contribution to the region's technical textile market.
Some of the key players operating in the global technical textiles market are Asahi Kasei Corp., DuPont, Berry Global Group Inc., Freudenberg Group, Elevate Textiles Inc., Kimberly-Clark Koninklijke Ten Cate B.V., Huntsman International LLC, Low & Bonar, Milliken & Co., Toyobo Co. Ltd., and Mitsui Chemicals Inc. Players are expected to focus on mergers and acquisitions to widen their market share.
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Manufacturing Outlook
• Thermo-forming
• 3D Weaving
• 3D Knitting
• Nanotechnology
• Heat-set Synthetics
• Finishing Treatments
• Hand-made Elements
• Others
End-use Outlook
• Agro Textiles
• Buildtech Textiles
• Indutech Textile
• Hometech Textile
• Medtech Textile
• Packtech Textile
• Protech Textile
• Transtech Textile
• Sportech Textile
• Clothtech Textile
• Others
Regional Outlook
• North America
• Europe
• Asia Pacific
• Central & South America
• Middle East & Africa
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Fairfield Market Research is a UK-based market research provider. Fairfield offers a wide spectrum of services, ranging from customized reports to consulting solutions. With a strong European footprint, Fairfield operates globally and helps businesses navigate through business cycles, with quick responses and multi-pronged approaches. The company values an eye for insightful take on global matters, ably backed by a team of exceptionally experienced researchers. With a strong repository of syndicated market research reports that are continuously published & updated to ensure the ever-changing needs of customers are met with absolute promptness.
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