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Technical Textiles Market Outlook 2023-2032: Expected Industry Growth Rate, Major Driver And Segments | Asahi Kasei, Kimberly Clarke, Berry Global Group, DuPont, Mitsui Chemicals
Technical Textiles Market
Technical Textiles Market Size, Growth Rate, And Forecast
The global technical textiles market size grew from $201.71 billion in 2022 to $213 billion in 2023 at a compound annual growth rate (CAGR) of 5.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The technical textiles market size is expected to grow to $267.61 billion in 2027 at a CAGR of 5.9%.
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Technical Textiles Market Drivers
The increasing demand for technical textiles from end-users is expected to drive the demand in the forecast period. 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.
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Technical Textiles Market Segments
• By Material: Natural Fiber, Synthetic Polymer, Regenerated Fiber, Mineral, Metal
• By Process: Woven, Knitted, Non-woven.
• By Application: Transport Textiles, Medical And Hygiene Textiles, Industrial Products And Components, Agriculture, Horticulture, And Fishing, Home Textiles, Clothing Components, Packaging And Containment.
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Telehealth market.
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Technical Textiles Market Key Players
Major competitors in the technical textiles market include Asahi Kasei, Kimberly Clarke, Berry Global Group, DuPont, Mitsui Chemicals, Freudenberg and Co., Low and Bonar, Huntsman, Toyobo Co.
The Business Research Company's "Global Technical Textiles Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Technical Textiles Market Include:
1. Executive Summary
2. Technical Textiles Market Characteristics
3. Technical Textiles Market Trends And Strategies
4. Technical Textiles Market - Macro Economic Scenario
5. Technical Textiles Market Size And Growth
……
26. Africa Technical Textiles Market
27. Technical Textiles Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Technical Textiles Market
29. Technical Textiles Market Future Outlook and Potential Analysis
30. Appendix
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