Technical Textiles Market Size, Share, Analysis, Growth, Trends, Industry Report 2022-2031 | Asahi Kasei, Kimberly Clarke, Berry Global Group, DuPont, Mitsui Chemicals

The global technical textiles market report by the business research company identifies increasing demand for technical textiles from end-users to be a major growth driver for the technical textiles market. The increase in demand for medical apparel and raising awareness of hygiene products are driving the market. Increasing military expenditure and a rise in local extremist insurgencies and casualties will boost the demand for protective ballistic armors, thus increasing the demand for technical textiles globally. For instance, the Australian Government's 2019-20 defense budget increased by A$2.3 billion ($1.6 billion) to A$38.7 billion ($27.52 billion) and A$175.8 billion ($125.02 billion) in 2022-23. Hence, the increasing demand from various end-use industries is expected to significantly contribute to the growth of the technical textiles market.

The global technical textiles market size is expected to grow from $191.4 billion in 2021 to $201.36 billion in 2022 at a compound annual growth rate (CAGR) of 5.2%. The technical textile market size is expected to grow to $250.79 billion in 2026 at a CAGR of 5.6%.

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Asia-Pacific was the largest region in the technical textiles market in 2021. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the technical textile market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Major players in the technical textiles market are Asahi Kasei, Kimberly Clarke, Berry Global Group, DuPont, Mitsui Chemicals, Freudenberg and Co., Low and Bonar, Huntsman, Toyobo Co., Milliken and Company, SRF Limited, International Textile Group, Koninklijke Ten Cate, 3M, Ahlstrom, Johnson and Johnson, Procter and Gamble, SKAPS, Baltex, Johns Manville, Companhia Providência, Fiberweb PLC, Strata Geosystems Pvt. Ltd., The TWE Group, Lanxess, Ibena Textilewerke GmbH, Maccaferri, Duvaltex, Hindoostan Mills, GSE Environmental Inc, and Polymer Group Inc.

The global technical textiles market is segmented -
1) By Material: Natural Fiber, Synthetic Polymer, Regenerated Fiber, Mineral, Metal
2) By Process: Woven, Knitted, Non-woven
3) By Application: Transport Textiles, Medical and Hygiene Textiles, Industrial Products and Components, Agriculture, Horticulture, and Fishing, Home Textiles, Clothing Components, Packaging and Containment

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The Technical Textiles Market Report Contents Include
1. Executive Summary
2. Technical Textiles Market Characteristics
3. Technical Textiles Market Trends And Strategies
4. Impact Of COVID-19 On Technical Textiles
5. Technical Textiles Market Size And Growth
....
28. Key Mergers And Acquisitions In The Technical Textiles Market
29. Technical Textiles Market Future Outlook and Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the technical textiles market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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