Press release
Technical Textile Market Size and Outlook | by Regional Analysis, Application Potential and Forecast till 2027
Technical Textile Market
As per the report, the global technical textile industry generated $201.2 billion in $201.2 billion in 2019, and is expected to reach $274.1 billion by 2027, growing at a CAGR of 5.1% from 2020 to 2027.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ ๐จ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ: https://www.alliedmarketresearch.com/request-sample/1841
๐๐ฒ๐ฉ๐๐ฌ ๐จ๐ ๐๐๐๐ก๐ง๐ข๐๐๐ฅ ๐๐๐ฑ๐ญ๐ข๐ฅ๐๐ฌ:
- Agrotextiles: Used in agriculture for crop protection, soil stabilization, and shading.
- Geotextiles: Used in civil engineering for applications like soil erosion control and road construction.
- Medical Textiles: Includes products like surgical gowns, bandages, and implants.
- Protective Textiles: Designed for applications like firefighter suits, bulletproof vests, and chemical protective clothing.
- Automotive Textiles: Used in vehicle interiors, upholstery, and for various technical applications in the automotive industry.
- Construction Textiles: Includes products like roofing materials and architectural membranes.
- Aerospace Textiles: Used in the aerospace industry for applications like aircraft interiors and composite materials.
- Sports Textiles: Includes sportswear, sports equipment, and materials used in sports infrastructure.
- Environmental Textiles: Used for environmental protection, such as air and water filtration systems.
Rise in demand for geotextile from the emerging economies and surge in preference for non-woven technical fabric have boosted the growth of the global technical textile market. However, high toxic waste production hampers the market. On the contrary, recyclability improvement is expected to create lucrative opportunities for the market players in the future.
๐๐๐ฏ๐๐ง๐๐๐ ๐๐๐ญ๐๐ซ๐ข๐๐ฅ๐ฌ: Technical textiles are often made from advanced materials like high-performance fibers (e.g., aramid fibers, carbon fibers), coated fabrics, and polymers that impart specific properties to the textile.
๐๐๐ง๐ญ ๐ญ๐จ ๐๐๐๐๐ฌ๐ฌ ๐ญ๐ก๐ ๐๐ญ๐๐ญ๐ข๐ฌ๐ญ๐ข๐๐๐ฅ ๐๐๐ญ๐ ๐๐ง๐ ๐๐ซ๐๐ฉ๐ก๐ฌ, ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ' ๐๐ญ๐ซ๐๐ญ๐๐ ๐ข๐๐ฌ: https://www.alliedmarketresearch.com/technical-textile-market/purchase-options
๐๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐ข๐ง๐ ๐๐ซ๐จ๐๐๐ฌ๐ฌ๐๐ฌ: The manufacturing processes for technical textiles vary depending on the desired properties. These processes can include weaving, knitting, nonwoven techniques, and specialty coatings or laminations.
The natural fiber segment is expected to portray the highest CAGR of 5.9% during the forecast period, owing to rising consumer awareness regarding damage caused by synthetic materials to the environment and its beneficial characteristics such as low cost, lightweight, and renewability. However, the synthetic polymer segment dominated the market in 2019, contributing to more than half of the global technical textile market, due to its applications in numerous sectors such as automotive, clothing, construction, and filtration, home furnishing.
๐๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐๐๐ฌ๐๐๐ซ๐๐ก: The technical textile industry is known for continuous innovation and research to develop textiles with new and enhanced properties. This involves collaboration with other industries, including materials science, chemistry, and engineering.
๐๐๐ ๐ฎ๐ฅ๐๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ ๐๐ญ๐๐ง๐๐๐ซ๐๐ฌ: Many technical textiles are subject to strict regulations and standards, particularly in industries like healthcare and automotive, where safety and performance are critical.
The woven segment held the largest share in 2019, accounting for more than two-thirds of the global technical textile market, as process enhances the performance of the material and making it ideal for numerous applications such as coveralls, jeans, and thick work clothes. However, the non-woven segment is expected to portray the highest CAGR of 5.7% during the forecast period, due to rising adoption from filtration membranes manufacturers, and healthcare apparels manufacturers
๐๐ฅ๐จ๐๐๐ฅ ๐๐๐ซ๐ค๐๐ญ: The global market for technical textiles has been growing steadily as industries increasingly adopt these specialized materials to improve product performance and meet regulatory requirements.
๐๐ฎ๐ฌ๐ญ๐๐ข๐ง๐๐๐ข๐ฅ๐ข๐ญ๐ฒ: Sustainability has become a significant concern in the technical textile industry, leading to the development of eco-friendly materials and processes.
The market across Asia-Pacific held the largest share in 2019, contributing to more than one-third of the market. Moreover, the region is anticipated to register the highest CAGR of 5.9% during the forecast period, due to developing or growing consumer base and rising awareness among construction and agriculture sector regarding technical textile benefits. The global technical textile market across North America is expected to register the highest CAGR of 4.5% during the forecast period.
๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง๐ฌ: The applications of technical textiles are diverse, ranging from medical devices to smart textiles with embedded electronics.
The technical textile industry plays a crucial role in various sectors by providing tailored solutions to meet specific performance requirements. It continues to evolve with advancements in materials science and technology, driving innovation and growth across multiple industries.
๐๐๐ฃ๐จ๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
- Asahi Kasei Corporation
- Berry Global, Inc.
- Ahlstrom Munksjรถ
- Baltex
- Dupont De Nemours, Inc. (Dupont)
- Berkshire Hathaway Inc.
- Freudenberg & Co. KG
- Duvaltex
- HUESKER Synthetic GmbH
- GSE Environmental
- KONINKLIJKE TEN CATE BV
- Kama Holdings Limited
- Mitsui Chemicals, Inc.
- Milliken & Company
- SKAPS Industries.
๐๐๐ญ๐๐ข๐ง ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ญ๐๐ข๐ฅ๐ฌ: https://www.alliedmarketresearch.com/technical-textile-market
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ
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