Technical Textile Market

Global Technical Textile Market Size (2024 to 2029)

The global technical textile market is expected to grow at a CAGR of 5.2% from 2024 to 2029 and the market size is predicted to be valued at USD 269.80 billion by 2029 from USD 209.39 billion in 2024.

Current Scenario of the Global Technical Textile Market

Technical textiles are semi-finished or completed textiles or fabrics that are specifically created for non-decorative purposes. Nonwoven and woven natural as well as synthetic fibers are utilized to make technical textiles because of their superior technical and functional features. Acetate, Rayon, Nylon, Polyester, Acrylic, Olefin, and other natural and man-made fibers are used in the production of technical textiles, as are fibers with qualities such as Modal, Sulfur, Vinalon, Vinyon, Saran, Spandex, Kevlar, Nomex, Twaron, PBI, and others. Technical textiles feature exceptional qualities such as increased tenacity, better insulation, bacteria, moisture, temperature, and sunlight resistance, cost-effectiveness, durability, and high strength, to name a few. Textiles of this type can be manufactured as a single or multiple-layer composite, coated, or impregnated material. These textiles are manufactured in order to endure harsh circumstances or to fulfill specialized roles in a variety of industries, including construction, manufacturing, automobile, agribusiness, medicine, sports, and more. For the longest time in history, technical textiles were primarily employed in industrial or manufacturing applications; but as their popularity grows, they are becoming more popular in non-industrial applications.

MARKET DRIVERS

The implementation of technical textiles is being pushed by rising construction activity in the world's main countries, as well as rising demand for different on-road and off-road vehicles. Because of its exceptional comfort, flexibility, protection, skin-friendliness, and cost-effectiveness, it is becoming increasingly popular in the medical field. The market for technological textiles is increasing as the desire for implantable and non-implantable textiles for better cleanliness and healthcare grows. The expansion of this industry is further aided by favorable government assistance for the industrial sector. The implementation of new procedures to enhance outcomes is predicted to drive agro-textile growth in the foreseeable term, owing to an alarming rise in the worldwide population. Increased export activity in technical textiles because of strong cross-border demand is boosting industry growth. Nonetheless, if economic conditions return to normalcy, the market is likely to develop at a rapid rate in the years ahead. The market is expected to rise due to ongoing technological advancements brought about by notable firms' persistent research and development operations.

MARKET RESTRAINTS

The high cost of the product, as compared to standard low-cost alternatives, is hampering the market's growth. This is mostly due to an increase in the price of raw materials used in the manufacture or processing of these specialized fabrics. Strict movement restrictions, a halt in production activities for vital items, and a big demand-supply imbalance because of trade halts have all acted as stumbling blocks for market expansion in the last year when it comes to acquiring raw materials.

REPORT COVERAGE

SEGMENTAL ANALYSIS

Global Technical Textile Market By Material

Because of their widespread use in a variety of sectors, synthetic polymers are expected to be the most dominant material group. Synthetic textiles are gaining in popularity due to their lower cost than natural fibers, great elasticity and durability, outstanding capacity to bear severe loads and better performance. Blends or combinations of polyester, spandex, Lycra, nylon, polypropylene, and other synthetic fibers are used in technical textiles. Because these polymers are man-made, they may be mass-produced in large quantities utilizing a variety of chemicals to improve the final product.

Global Technical Textile Market By Process

The nonwoven process will have surpassed woven, knitted, and other processes as the most popular. Superior qualities include improved resilience, strength, flame retardancy, washability, cushioning, sterility, and germ resistance. Nonwoven technical textiles are used extensively in agriculture to make crop coverings, root sacks, and seed blankets. The non-woven technique is used in the geo-tech industry to make textiles for drainage lines, asphalt overlay, soil stabilization, and filtration. Non-woven technical fabrics are used to make protective clothing, drapes, gowns, beds, sheets, and masks.

Global Technical Textile Market By Application

The increased use of technical textiles in automotive, aerospace, aviation, trains, and marine vehicles has made transport textiles the dominating application. Technical textiles have long been used in the transportation industry to make visible components like upholstery, carpets, and seat belts, as well as concealed components like tire cords, hoses, belts, airbags, and air and fuel filters, as well as car body covers, helmet airbags, and nylon tire cord fabric. The need for technical fabrics has been pushed up by the rising demand for passenger and commercial cars. Increased investment in improving the aesthetics of automobiles has driven up demand for upholstery, which in turn promotes the use of technical textiles in transportation applications.

REGIONAL ANALYSIS

The technical textile market in the Asian Pacific is expected to have the greatest share. Because of the high expansion of the automotive sector, the sales of new automobiles and motor vehicles are being pushed by the growing population, rising disposable income, and better living standards. Development activity is increasing in Asia-Pacific as a result of a rising population base and a shift in preference for nuclear families, which is promoting the construction of new residential apartments. The market is expected to develop due to favorable government assistance for the technical textile industry in a number of Asian nations. Increasing exports of fabrics used in the manufacture of medical textiles and products from China, a significant market for Asian technical textile manufacturing, are fueling market expansion.

The Europe region holds a significant amount of share in the worldwide Technical Textile market owing to the rising consumption levels, yet European customers are increasing their purchasing of this resource.

KEY MARKET PLAYERS

The key players in the technical textile market are Dow DuPont, Ahlstrom Corporation, Johns Manville, GSE Environmental Inc., Royal Ten Cate, Freudenberg & Co., Proctor and Gamble, 3M, Huesker Synthetic GmbH, and Hindoostan Mills.

RECENT HAPPENINGS IN THE MARKET

• In July 2021, the purchase of Laird Performance Materials, a world leader in high-performance electromagnetic shielding and thermal management systems, by DuPont has been finalized.
• In May 2021, 3M announced the debut of new xerogel technology insulation as part of its increasing textile insulation line. The new 3M Thinsulate Xerogel Insulation is made up of 60% post-consumer recycled material and demonstrates 3M's continuous commitment to producing sustainable textile solutions. The following are some of the highlights of 3M Thinsulate Xerogel Insulation.

DETAILED SEGMENTATION OF THE GLOBAL TECHNICAL TEXTILE MARKET INCLUDED IN THIS REPORT

This research report on the global technical textile market has been segmented and sub-segmented based on material, process, application, and region.

By Material

• Natural Fiber
• Synthetic Polymer
• Metal
• Mineral
• Regenerated Fiber
• Others

By Process

• Woven
• Knitted
• Non-woven
• Others

By Application

• Transport Textiles
• Medical and Hygiene Textiles
• Industrial Products and Components
• Agriculture, Horticulture, and Fishing
• Home Textiles
• Clothing Components
• Packaging and Containment
• Others

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• The Middle East and Africa