openPR Logo
Press release

Technical Textiles Market Poised to Garner Maximum Revenues by 2031

03-01-2024 07:21 AM CET | Chemicals & Materials

Press release from: Transparency Market Research

Technical Textiles Market Poised to Garner Maximum Revenues

The technical textiles market, spanning from 2021 to 2031, is projected to experience robust growth, with an increasing emphasis on performance-driven materials. These textiles are engineered to provide specific functionalities, such as resistance to extreme temperatures, fire retardancy, high tensile strength, and durability, among others. Such characteristics make them indispensable across a wide array of industries, ranging from healthcare to sports, and from agriculture to defense.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1255&utm_source=OPENPR%2FjayashriB&utm_campaign=OPENPR

Market Size and Growth:

The technical textiles market is expected to witness substantial growth during the forecast period, with estimates indicating a CAGR of 5.1% from 2021 to 2031. This growth trajectory can be attributed to the burgeoning demand for advanced materials in various end-user industries.

Market Segmentation:

By Service Type: The market can be segmented into woven, non-woven, knitted, and others, each catering to distinct applications and industries.
By Sourcing Type: Sourcing types include in-house production and outsourcing, with companies opting for the most cost-effective and efficient solutions.
By Application: Technical textiles find applications in geotextiles, medical textiles, agrotextiles, protective clothing, automotive textiles, and more.
By Industry Vertical: Industries such as healthcare, automotive, construction, aerospace, agriculture, and defense are significant consumers of technical textiles.
By Region: The market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Regional Analysis:

North America: With a strong focus on innovation and technological advancements, North America is expected to remain a key market for technical textiles.
Europe: Europe boasts a robust manufacturing base and stringent regulations, driving the adoption of technical textiles across various sectors.
Asia Pacific: Rapid industrialization, coupled with the growing automotive and construction sectors, is fueling the demand for technical textiles in the Asia Pacific region.
Latin America, Middle East & Africa: These regions are witnessing increasing investments in infrastructure development, which is expected to propel the demand for technical textiles.

Market Drivers and Challenges:

Drivers: Technological advancements, growing applications across industries, stringent regulations, and the need for sustainable solutions are driving market growth.
Challenges: High initial investment costs, limited awareness among end-users, and fluctuating raw material prices pose challenges to market growth.

Market Trends:

Sustainable and eco-friendly textiles are gaining traction, driven by increasing environmental concerns and regulations.
Integration of smart textiles with IoT technology is opening new avenues for innovation and application development.
Adoption of nanotechnology in textile manufacturing is enhancing the functionalities of technical textiles, such as waterproofing and self-cleaning properties.

Future Outlook:

The future of the technical textiles market appears promising, with continuous innovations and advancements expected to broaden the scope of applications across various industries. As sustainability becomes increasingly important, the market is likely to witness a shift towards eco-friendly materials and processes.

๐ˆ๐ฆ๐ฆ๐ž๐๐ข๐š๐ญ๐ž ๐ƒ๐ž๐ฅ๐ข๐ฏ๐ž๐ซ๐ฒ ๐€๐ฏ๐š๐ข๐ฅ๐š๐›๐ฅ๐ž | ๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ @ https://www.transparencymarketresearch.com/checkout.php?rep_id=1255<ype=S&utm_source=OPENPR%2FjayashriB&utm_campaign=OPENPR

Key Market Study Points:

Understanding end-user requirements and preferences.
Analyzing technological advancements and their impact on market dynamics.
Assessing regulatory landscape and compliance requirements.
Evaluating competitive landscape and market positioning.

Competitive Landscape:

The technical textiles market is characterized by the presence of several key players, including but not limited to:

Versalis S.p.A., Asahi Kasei Corporation, DuPont, KUMHO PETROCHEMICAL, The Dow Chemical Company, and Sumitomo Chemical Co.

These companies are actively engaged in research and development activities, product innovation, strategic partnerships, and mergers and acquisitions to gain a competitive edge in the market.

๐๐ซ๐จ๐ฐ๐ฌ๐ž ๐ซ๐ž๐ฅ๐š๐ญ๐ž๐ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐“๐ซ๐š๐ง๐ฌ๐ฉ๐š๐ซ๐ž๐ง๐œ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก -

Decorative Glass Market : https://www.globenewswire.com/en/news-release/2023/09/05/2737371/32656/en/Decorative-Glass-Market-Size-Share-Surpass-USD-8-7-billion-by-2030-Rising-at-a-4-CAGR-Exclusive-Report-by-Transparency-Market-Research.html

Self-compacting Concrete Market : https://www.globenewswire.com/en/news-release/2023/09/04/2736833/32656/en/Self-compacting-Concrete-Market-Size-Worth-USD-20-3-billion-by-2031-Exclusive-Report-by-Transparency-Market-Research.html

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ

Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Technical Textiles Market Poised to Garner Maximum Revenues by 2031 here

News-ID: 3406652 • Views: โ€ฆ

More Releases from Transparency Market Research

Global SiC Ceramics Market Poised for Robust Growth, Projected to Reach USD 3.1 Billion by 2035 | Transparency Market Research
Global SiC Ceramics Market Poised for Robust Growth, Projected to Reach USD 3.1 โ€ฆ
The global silicon carbide (SiC) ceramics market continues to demonstrate strong growth potential, underpinned by accelerating demand from advanced industrial and electronic applications. Valued at US$ 1.8 Billion in 2024, the market is projected to reach US$ 3.1 Billion by 2035, expanding at a compound annual growth rate (CAGR) of 5.2% during the forecast period from 2025 to 2035. This steady expansion reflects the increasing importance of SiC ceramics asโ€ฆ
Furfuryl Alcohol Market to Reach USD 1.34 Billion by 2035, Supported by Rising Demand for Bio-Based Chemicals and Expanding Foundry Industry | TMR
Furfuryl Alcohol Market to Reach USD 1.34 Billion by 2035, Supported by Rising D โ€ฆ
The global Furfuryl Alcohol Market was valued at US$ 624.3 million in 2024 and is projected to reach US$ 1,341.2 million by 2035, expanding at a compound annual growth rate (CAGR) of 7.2% from 2025 to 2035. This growth is primarily driven by the rising demand for bio-based and sustainable chemicals, along with the steady expansion of the foundry and metal casting industry, particularly across emerging economies in Asia Pacific. Gain aโ€ฆ
Air-Entraining Agents Market Outlook 2035: Forecast to Reach US$ 2.48 Billion by 2035 at a CAGR of 3.5% Driven by Infrastructure Expansion and Climate-Resilient Concrete Demand
Air-Entraining Agents Market Outlook 2035: Forecast to Reach US$ 2.48 Billion by โ€ฆ
The global Air-Entraining Agents (AEAs) Market was valued at US$ 1.70 billion in 2024 and is projected to reach US$ 2.48 billion by 2035, expanding at a compound annual growth rate (CAGR) of 3.5% from 2025 to 2035. This steady growth trajectory reflects the essential role AEAs play in modern concrete formulations, particularly in infrastructure projects that demand long-term durability, freeze-thaw resistance, and improved workability. Despite being a mature segment withinโ€ฆ
A2P SMS Market Outlook 2035: Expanding from US$ 71.2 Bn in 2024 to US$ 117.0 Bn by 2035 at a CAGR of 4.2%
A2P SMS Market Outlook 2035: Expanding from US$ 71.2 Bn in 2024 to US$ 117.0 Bn โ€ฆ
The global Application-to-Person (A2P) SMS market is entering a phase of steady and resilient expansion, driven by the growing need for secure, reliable, and real-time communication between enterprises and consumers. Valued at US$ 71.2 Bn in 2024, the market is projected to reach US$ 117.0 Bn by 2035, expanding at a CAGR of 4.2% from 2025 to 2035. Despite the rise of internet-based messaging platforms, A2P SMS continues to maintainโ€ฆ

All 5 Releases


More Releases for America

Stabilit America Highlights Applications of Fiberglass Roof Panels with Stabilit โ€ฆ
Roofing materials are very important in the realm of modern construction, as they should be long lasting, economical and attractive. Fiberglass roof panels are a few of the numerous choices among several alternatives that have received a reputation of being versatile, long life, and adaptable in various sectors. They are favored by the architects, contractors, and property developers due to their lightweight construction, resistance to weather factors, and the easeโ€ฆ
Deodorants Market Report by Region (North America, EMEA, Latin America, Asia)
2025 - Pristine Market Insights, a leading market research firm, announced the release of its latest and comprehensive market research report on Deodorants market. The report spans over 500 pages and delivers 10-year market forecast in US dollars (or custom currencies upon request). It provides in-depth analysis of market dynamics (drivers, opportunities, restraints), PESTLE insights, latest industry trends, and demand factors. The report includes segmented market value, share (%), compoundโ€ฆ
Sequestrant Market Report by Region (North America, EMEA, Latin America, Asia)
2025 - Pristine Market Insights, a leading market research firm, announced the release of its latest and comprehensive market research report on Sequestrant market. The report spans over 500 pages and delivers 10-year market forecast in US dollars (or custom currencies upon request). It provides in-depth analysis of market dynamics (drivers, opportunities, restraints), PESTLE insights, latest industry trends, and demand factors. The report includes segmented market value, share (%), compoundโ€ฆ
Buttermilk Market Study by Region (North America, Latin America, Europe, Asia, M โ€ฆ
2025 - Pristine Market Insights, a leading market research firm, announced the release of its latest and comprehensive market research report on Buttermilk market. The report spans over 500 pages and delivers 10-year market forecast in US dollars (or custom currencies upon request). It provides in-depth analysis of market dynamics (drivers, opportunities, restraints), PESTLE insights, latest industry trends, and demand factors. The report includes segmented market value, share (%),โ€ฆ
Textiles Market Analysis Report, Regional Outlook - Europe, North America, South โ€ฆ
Adroit Market Research has announced the addition of the โ€œGlobal Textiles Market Size Status and Forecast 2025โ€, The report classifies the global Textiles in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. This report studies the global Textiles Speaker market, analyzes and researches the Textiles Speaker development status and forecast in Europe, North America, Central America, South America, Asia Pacificโ€ฆ
Global Gaucher Disease Market 2018 Covering North America, South America, Europe
Gaucher Diseaseย Market Summary The Global Gaucher Diseaseย Marketย is defined by the presence of some of the leading competitors operating in the market, including the well-established players and new entrants, and the suppliers, vendors, and distributors. The key players are continuously focusing on expanding their geographic reach and broadening their customer base, in order to expand their product portfolio and come up with new advancements. Gaucher Disease market size to maintain the average annual growthโ€ฆ