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Report Highlights
The global market for technical textiles is expected to grow from $213.8 billion in 2024 and is projected to reach $284.0 billion by the end of 2029, at a compound annual growth rate (CAGR) of 5.8% during the forecast period of 2024 to 2029.
Report Includes
- 136 data tables and 47 additional tables
- An up-to-date overview of the global markets for technical textiles within the industry
- Analyses of the global market trends, with data from 2023, estimates for 2024, forecasts for 2028, and projections of compound annual growth rates (CAGRs) through 2029
- Evaluation of the current market size and prospects for revenue growth, accompanied by a market share analysis by type of material, form of material, manufacturing process, end-use industry and geographical region
- A look at the key growth drivers and constraints that will shape the market for technical textiles over the period of 2024-2029
- Insight into the industry value chain analysis and the intermediaries involved, with emphasis on manufacturers and producers of industrial raw materials, converters (producers of end-products), and end markets
- Identification of the fastest-growing applications and technologies, and a review of the trends that have led to a surge in demand for technical textiles
- A discussion of the ESG challenges and ESG practices of the makers of technical textiles
- Assessment of the vendor landscape, including , their market shares, product portfolios and financial overviews
- Update on recent mergers and acquisitions (M&A), expansions into new markets, collaborations, investments and divestments
- Profiles of the leading market vendors, including Toray Industries Inc., Asahi Kasei Corp., Freudenberg Group, DuPont, and Berry Global Inc.
Report Scope
This report includes details about various forms of technical textile material, manufacturing processes, types of material, and end-use industries for technical textiles. Estimated values are based on manufacturers’ total revenues. Projected revenue values are in constant U.S. dollars, unadjusted for inflation. The report contains comprehensive information regarding technical textiles and users thereof.
The global technical textiles market is segmented into the following categories:
- Form of material (woven, nonwoven, knitted, and others).
- Type of material (synthetic polymers, natural fibers, mineral fibers, metal fibers, regenerated fibers, and others).
- Manufacturing process (3D weaving, 3D knitting, thermo-forming, and others)
- End-use (mobiltech, indutech, packtech, sportech, hometech, clothtech, buildtech, meditech, protech, agrotech, oekotech, and geotech).
- Region: (North America, Europe, Asia-Pacific, South America, and Middle East & Africa).
Report Synopsis
| Report Metrics | Details | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2023 | ||||||||||||||||
| Forecast period considered | 2024-2029 | ||||||||||||||||
| Base year market size | $202.5 billion | ||||||||||||||||
| Market size forecast | $284.0 billion | ||||||||||||||||
| Growth rate | CAGR of 5.8% for the forecast period of 2024-2029 | ||||||||||||||||
| Units considered | $ Millions | ||||||||||||||||
| Segments covered | Form of Material, Manufacturing Process, Type of Material, End Use, and Region | ||||||||||||||||
| Regions covered | North America, Europe, Asia-Pacific, South America, Middle East and Africa | ||||||||||||||||
| Countries covered | U.S., Canada, Mexico, Germany, France, U.K., China, India, Japan, Brazil, Argentina, Middle East and Africa | ||||||||||||||||
| Key Market Drivers |
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| Companies studied |
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Frequently Asked Questions (FAQs)
- Innovation and technological advancements
- Rising demand for technical textiles from meditech
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
Report Highlights
The global market for technical textiles is estimated to increase from $197.8 billion in 2022 to $255.4 billion by 2027, at a compound annual growth rate (CAGR) of 5.2% from 2022 through 2027.
Report Includes
- 43 data tables and 41 additional tables
- An up-to-date overview of the global markets for technical textiles within the industry
- Analyses of the global market trends, with historic market revenue for 2021, estimates for 2022, and projections of compound annual growth rates (CAGRs) through 2027
- Estimation of the actual market size for technical textiles in USD million values, market forecast, and corresponding market share analysis by type of material, material form, industrial end-use category, and geographic region
- Highlights of the key growth driving factors and constraints that will shape the market for technical textiles as the basis for projecting demand over the next five years (2022-2027)
- Discussion of the COVID-19 pandemic impact on the global market for technical textiles
- Insight into the industry value chain analysis providing a systematic study of key intermediaries involved, with emphasis on manufacturers and producers of industrial raw materials, converters (producers of end-products), and end-markets
- Identification of the fastest-growing applications and technologies, and a holistic review of the current market trends that leads to surge in demand for technical textiles production
- Assessment of the vendors landscape comprising key market participants, their global market share analysis, product portfolios and financial overviews etc.
- Updated information on recent mergers, acquisitions, expansions, collaborations, investments, divestments, new product launches, and other strategic developments within the marketplace
- Detailed profiles of the leading market vendors, including Asahi Kasei Corp., Berry Global Group, DuPont, Kimberly-Clarke, Mitsui Chemicals Inc., and Freudenberg & Co.
Report Highlights
The global market for technical textiles should grow from $187.2 billion in 2019 to $249.3 billion by 2024 with a compound annual growth rate (CAGR) of 5.9% for the period of 2019-2024.
Report Includes
- 42 data tables and 11 additional tables
- An overview of the global market outlook of technical textiles within the textile industry
- Analyses of the global market trends, with data corresponding to market size from 2018 and 2019, and projections of compound annual growth rates (CAGRs) through 2024
- Information pertaining to factors driving the industry’s growth, current trends, opportunities, regulatory challenges, and technological advancements that will shape and influence the future marketplace
- Revenue forecast of the global technical textile market by material types (fiber, polymer et. al) and fabrication process in dollar (value) terms
- Identification of the fastest-growing applications and technologies, and a holistic review of the current market trends that leads to increasing demand for technical textiles production
- Assessment of the vendors landscape comprising key market participants, their market share analysis and product portfolios
- Patent study and analysis covering specific patent allotments
- Detailed company profiles of the leading textile companies, including Kimberly-Clark Co., Beiersdorf India Pvt, Vestagen Technical Textiles Inc., Honeywell International, Johnson & Johnson, and Imedex Biomateriaux
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