Press release
Global Technical Textile Market Set to Surge to US$ 406 Billion by 2034
The growth of the technical textile market is propelled by rising demand across various sectors such as automotive, healthcare, and construction. Key drivers include advancements in material science, particularly the emergence of innovative and high-performance fibers, which enhance product capabilities and expand market opportunities.
Get Free Sample Copy of This Report-https://www.factmr.com/connectus/sample?flag=S&rep_id=7096
Nevertheless, staying abreast of continuous technological advancements presents challenges in terms of adopting and integrating new materials and manufacturing processes. The industry requires substantial investments in research, development, and specialized machinery, posing barriers for potential new entrants looking to enter the market. These factors underscore the dynamic nature of the technical textile sector, where innovation and investment are critical to sustaining growth and competitiveness.
Country-wise Insights
In the United States, a diverse range of industrial sectors including construction, agriculture, aerospace, automotive, and healthcare drives demand for technical textiles. These textiles are valued for their high performance, energy efficiency, and compliance with stringent government regulations, making them essential across these industries. Continuous innovation and robust research and development further bolster the technical textile market in the United States, leading to the creation of advanced, cost-effective, and eco-friendly products. Increasing emphasis on workplace safety and the implementation of mandatory safety policies also contribute to growing demand for protective textiles in the country.
Meanwhile, China's burgeoning automobile industry is a major driver for technical textiles, particularly those used in critical components like airbags. The expansion of industrial activities in China, coupled with stringent road safety regulations, fuels demand for high-performance technical textiles. China's historical expertise in traditional textile production methods has significantly shaped its textile industry, contributing to its vast manufacturing capabilities and global influence. With Chinese consumers increasingly prioritizing quality, there is a rising demand for high-end technical textile products, both domestically and internationally.
List of Key Companies Profiled in The Report
3M Company
Ahlstrom Corporation
Arville Textiles Ltd.
Asahi Kasei
Avintiv
Baltex
Berry Global
Dickson-Constant
Others
Want Full Report? Enquire Here-https://www.factmr.com/report/technical-textile-market
Competitive Landscape
Manufacturers in the technical textile sector are actively pursuing strategies to deliver premium-quality and cost-effective solutions, often through strategic partnerships with global leaders.
In 2022, Asahi Kasei Advance inaugurated an Airbag Fabric facility in Vietnam, enhancing its production capacity for textiles used in the automotive sector. These textiles are engineered to offer exceptional strength, durability, and heat resistance, catering to the increasing demand within the industry.
Similarly, in 2021, 3M introduced the 3M Thinsulate technology, incorporating 60% post-consumer recycled materials. This innovation underscores 3M's commitment to advancing technical textiles, aiming to gain a competitive edge through high-performance materials and sustainable practices. These strategic moves highlight the dynamic nature of the market, where innovation and strategic alliances play pivotal roles in driving growth and market leadership.
Contact:
US Sales Office
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583, +353-1-4434-232
Email: sales@factmr.com
About Fact.MR:
Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. Spanning a wide range - from automotive & industry 4.0 to healthcare, technology, chemical and materials, to even the most niche categories.
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 Global Technical Textile Market Set to Surge to US$ 406 Billion by 2034 here
News-ID: 3568583 • Views: …
More Releases from Fact.MR
Citrus Fiber Market is Expanding at a 5.7% of CAGR by 2034 | Fact.MR Report
The global Citrus Fiber Market is projected to experience substantial growth over the next decade, driven by rising demand for clean-label ingredients, functional food components, and sustainable fiber sources.
Market analysts estimate that the market, valued at approximately USD 350 million in 2025, is expected to reach around USD 720 million by 2035, expanding at a compound annual growth rate (CAGR) of about 7.5% during the forecast period.
Get Access of…
Gluten-Free Food Market is Predicted to Grow to USD 6.5 Billion in 2026 and USD …
The global gluten-free food market is entering a phase of mainstream consolidation, projected to grow from a valuation of USD 7.4 billion in 2026 to approximately USD 15.2 billion by 2036. This represents a steady compound annual growth rate (CAGR) of 7.5% over the ten-year forecast period.
While initially driven by medical necessity for celiac disease patients, the market is now being propelled by "lifestyle consumers" who perceive gluten-free products…
Electronic Speed Controller for Drones and UAVs Market is Valued USD 448.0 milli …
The global electronic speed controller (ESC) for drones and UAVs market is experiencing a rapid technological surge, projected to grow from a valuation of USD 1.8 billion in 2026 to approximately USD 5.1 billion by 2036. This represents a strong compound annual growth rate (CAGR) of 11.0% over the ten-year forecast period.
The market is being propelled by the proliferation of long-endurance commercial drones, the militarization of small FPV (First…
Car Tail Light Mold Market is Hoped-for USD 3.6 billion by 2036 | Fact.MR Report
The global car tail light mold market is navigating a high-design era, projected to grow from a valuation of USD 1.4 billion in 2026 to approximately USD 2.6 billion by 2036. This represents a compound annual growth rate (CAGR) of 6.4% over the forecast period.
The market is being fundamentally reshaped by the transition from simple bulbs to complex LED and OLED signatures, requiring high-precision multi-color and multi-material injection molding…
More Releases for Textile
Textile Market Size, Growth Analysis 2031 by Key Vendors- INVISTA, Lu Thai Texti …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲: According to Verified Market Reports analysis, the global Textile Market size was valued at USD 593.9 Billion in 2023 and is projected to reach USD 775.2 Billion by 2031, growing at a CAGR of 4.3% during the forecasted period 2024 to 2031.
What is the current outlook for the textile market?
The textile market has shown resilience, recovering after global disruptions like the COVID-19 pandemic. According to industry reports,…
Expanding Textile Industry is Boosting the Indian Textile Chemicals Market
Indian textile chemicals market is estimated to grow at a substantial CAGR of 5.1% during the forecast period (2024-2031). The market growth is driven by the rising middle class, increasing urbanization, and the rising number of nuclear families, which have resulted in Westernized tastes and higher consumption and spending. In addition, technical textiles, and fast fashion trends are driving the market growth. Moreover, industrial manufacturing in the country has emerged…
Textile Tester Market Is Driven by Increasing Demand for Textile Testing from th …
A textile tester is a device that is used to test the physical and chemical properties of textile materials. It is used to determine the strength, durability, and other characteristics of textile materials.
Download Sample PDF Of This Report:
https://www.globalinsightservices.com/request-sample/GIS23209
Key Drivers
The key drivers of the Textile Tester market are the increasing demand for textile testing from the textile industry and the growing awareness of the importance of textile testing. The textile…
Textile Care Services Market Potential growth, Major Strategies, Future Industry …
"Worldwide Market Reports offers 𝐔𝐩𝐭𝐨 𝟕𝟎% 𝐝𝐢𝐬𝐜𝐨𝐮𝐧𝐭 on Textile Care Services Market Reports on Single User Access and Unlimited User Access"
The report discusses everything a marketer requires before investing in the global Textile Care Services during the forecast period 2023-2030. It provides detailed insight into current trends, shares, size, and sales value and volume. The data used for this report is obtained from reliable industry sources, paid resources, and validated…
Global Textile Colorant Market, Global Textile Colorant Industry, Textile Colora …
Textile colorants are specific products that can be added or applied to substrate to give color. They are commonly available in the form of pigments, dyes, and dry powder. They are manufactured with eco-friendly application with advanced technologies and regulations that supports the environment. In the composition context, textile colorant market can be categorized as thermo-chromic textile colorant and photochromic textile colorant. Textile industry accounts for largest consumption of colorants…
Global Household Textile Market Analysis 2023 – Top Players Fuanna Bedding and …
KD Market Insights has presented a detailed report on “Household Textile Market - By Product Type (Non-woven Textile, Woven Textile), By Application (Bed, Furniture, Door & Window, Dining & Wash, Ground), Global Region - Market Size, Share & Forecast 2018-2023” which includes the major application, advantages, and key market trends that are fostering the growth of the market during the forecasted span of 6 years. The research takes a step…
