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Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....
Technical Textiles Market: By Material, By Process, By Application, and Geography
Technical Textiles Market: By Material, By Process, By Application, and Geography
Technical Textiles Market size was valued at US$ 164.3 Billion in 2023 and is poised to grow at an 6.2% CAGR from 2024 to 2030. Technical textile is textile material which is primarily used for technical performance and functional properties rather than their aesthetic or decorative characterises. Increasing adoption of technical textile in agriculture and farming boost the crop yield and modernization in farming methods are major factor for the market growth also growing awareness adaptability of products and applications of technical textile is encouraging the higher consumption of related products, the accelerated market growth drives the market growth.
The continues technological advancement, the industry witness high growth in the product segment, especially for technical textiles. New technologies are expected to bring the production cost and make feasible higher performance product creates lucrative opportunities in the market. The cost associated with finished products will affect the pricing structure of the product, along with the increasing production cost and requirement of advanced infrastructure hinders the market growth. The mobiltech segment of technical textile market accounts for highest market share, increasing use in various areas in automobile sector for production of seatbelts, seating upholstery, tire cords and others. Geographically, Asia Pacific held the major market share in 2022 and is expected to dominate the technical textiles market in the forecasted years.
However, high initial investments for specialized machinery, equipment and technologies create to barrier to the growth of the technical textiles market. Rising investments and partnerships between textile manufacturers and end-users result in the co-creation of tailored solutions and the expansion of market opportunities, for instance, in March 2019, SRF Ltd. has invested an estimated cost of Rs. 80 crores to build extra spinning and textile capacity at its technical textiles factory in Manali and Gwalior.
Study Period
2024 - 2030Base Year
2023CAGR
6.2%Largest Market
Asia PacificFastest Growing Market
Asia Pacific
The increasing multiple applications and advantages of textile across the world is the major market driver in the technical textiles market during the forecast period. Technical textile gaining popularity due to multiple applications, the durable, lightweight, high strength, versatile, and customizable properties boost the demand in the market, the absorbing and insulating properties makes compatible for the end user industries such as oil & gas and construction.
Based on the regions, the market share is segmented into North America, Asia-pacific, Europe, Latin America, and the Middle East & African region. Asia Pacific held highest market share in 2023 and is expected to dominate in the global market during the forecast period and is attributed due to the bulk availability of raw materials along with favourable growth of technical textile in the end use industries such as clothing packaging drives the market. In India, it is experiencing fastest growing market in the technical textile. Rapid industrialization in the region accelerates the market growth and creating potential opportunities in the market. The technical textiles market in the North America hold a significant revenue share, and, in the following years, it is predicted to increase rapidly. It is attributed to the increasing well-developed industrial sector, US will become the largest end user and importer of technical textile in the forecast years.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024 - 2030 |
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Market CAGR |
6.2% |
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By Material |
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By Process |
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By Application |
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The technical textiles market size was valued at US$ 164.3 Billion in 2023 and is projected to reach US$ 243.2 Billion by 2030.
The technical textiles market is poised to grow at a significant CAGR of 6.2% from 2024 to 2030.
The leading players in the Technical Textiles Market are Asahi Kasei Corporation, Ahlstrom-Munksjö, Baltex, Berry Global, Inc., Berkshire Hathaway Inc, Dupont, Duvaltex, Freudenberg & Co. Kg, Gse Environmental, Huesker Synthetic Gmbh, Kama Holdings Limited, Koninklijke Ten Cate B, Mitsui Chemicals, Inc., Milliken & Company, and Skaps Industries
Historic years considered for the market study are 2019 through 2023, 2023 is considered as the base year for market estimation and Seven years forecast presented from 2024 – 2030.
| 1.Executive Summary |
| 2.Global Technical Textiles Market Introduction |
| 2.1.Global Technical Textiles Market - Taxonomy |
| 2.2.Global Technical Textiles Market - Definitions |
| 2.2.1.Material |
| 2.2.2.Process |
| 2.2.3.Application |
| 2.2.4.Region |
| 3.Global Technical Textiles Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Technical Textiles Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Technical Textiles Market By Material, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Natural Fiber |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Synthetic Polymer |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Metal Mineral |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Regenerated Fiber |
| 5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 6.Global Technical Textiles Market By Process, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Woven |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Knitted |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Non-Woven |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 7.Global Technical Textiles Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. Mobiltech |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Indutech |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Protech |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Buildtech |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Packtech |
| 7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8.Global Technical Textiles Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia Pacific (APAC) |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Middle East and Africa (MEA) |
| 8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Latin America |
| 8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9.North America Technical Textiles Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. Material Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Natural Fiber |
| 9.1.2.Synthetic Polymer |
| 9.1.3.Metal Mineral |
| 9.1.4.Regenerated Fiber |
| 9.2. Process Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Woven |
| 9.2.2.Knitted |
| 9.2.3.Non-Woven |
| 9.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Mobiltech |
| 9.3.2.Indutech |
| 9.3.3.Protech |
| 9.3.4.Buildtech |
| 9.3.5.Packtech |
| 9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1.United States of America (USA) |
| 9.4.2.Canada |
| 10.Europe Technical Textiles Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Material Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Natural Fiber |
| 10.1.2.Synthetic Polymer |
| 10.1.3.Metal Mineral |
| 10.1.4.Regenerated Fiber |
| 10.2. Process Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Woven |
| 10.2.2.Knitted |
| 10.2.3.Non-Woven |
| 10.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Mobiltech |
| 10.3.2.Indutech |
| 10.3.3.Protech |
| 10.3.4.Buildtech |
| 10.3.5.Packtech |
| 10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Germany |
| 10.4.2.France |
| 10.4.3.Italy |
| 10.4.4.United Kingdom (UK) |
| 10.4.5.Spain |
| 11.Asia Pacific (APAC) Technical Textiles Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Material Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Natural Fiber |
| 11.1.2.Synthetic Polymer |
| 11.1.3.Metal Mineral |
| 11.1.4.Regenerated Fiber |
| 11.2. Process Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Woven |
| 11.2.2.Knitted |
| 11.2.3.Non-Woven |
| 11.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Mobiltech |
| 11.3.2.Indutech |
| 11.3.3.Protech |
| 11.3.4.Buildtech |
| 11.3.5.Packtech |
| 11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.China |
| 11.4.2.India |
| 11.4.3.Australia and New Zealand (ANZ) |
| 11.4.4.Japan |
| 11.4.5.Rest of APAC |
| 12.Middle East and Africa (MEA) Technical Textiles Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Material Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Natural Fiber |
| 12.1.2.Synthetic Polymer |
| 12.1.3.Metal Mineral |
| 12.1.4.Regenerated Fiber |
| 12.2. Process Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Woven |
| 12.2.2.Knitted |
| 12.2.3.Non-Woven |
| 12.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Mobiltech |
| 12.3.2.Indutech |
| 12.3.3.Protech |
| 12.3.4.Buildtech |
| 12.3.5.Packtech |
| 12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.GCC Countries |
| 12.4.2.South Africa |
| 12.4.3.Rest of MEA |
| 13.Latin America Technical Textiles Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 13.1. Material Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Natural Fiber |
| 13.1.2.Synthetic Polymer |
| 13.1.3.Metal Mineral |
| 13.1.4.Regenerated Fiber |
| 13.2. Process Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Woven |
| 13.2.2.Knitted |
| 13.2.3.Non-Woven |
| 13.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Mobiltech |
| 13.3.2.Indutech |
| 13.3.3.Protech |
| 13.3.4.Buildtech |
| 13.3.5.Packtech |
| 13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Brazil |
| 13.4.2.Mexico |
| 13.4.3.Rest of LA |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.Asahi Kasei Corporation |
| 14.2.2.Ahlstrom-Munksjö |
| 14.2.3.Baltex, Berry Global, Inc. |
| 14.2.4.Berkshire Hathaway Inc |
| 14.2.5.Dupont |
| 14.2.6.Duvaltex |
| 14.2.7.Freudenberg & Co. Kg |
| 14.2.8.Gse Environmental |
| 14.2.9.Huesker Synthetic Gmbh |
| 14.2.10.Kama Holdings Limited |
| 14.2.11.Koninklijke Ten Cate B |
| 14.2.12.Mitsui Chemicals, Inc. |
| 14.2.13.Milliken & Company |
| 14.2.14.Skaps Industries |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.