Technical Textiles Market

2019 Analysis and Review of Technical Textiles Market by Application - Agrotech, Buildtech, Hometech, Indutech, Sportech, Packtech, Mobiltech, Meditech, Clothtech, Geotech, Protech, and Oekotech for 2019-2029

  • 2020-01-07
  • REP-GB-286
  • 26 Tables
  • 74 Figures
  • 151 pages
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Textile industry continues to be the economic powerhouse of industrialized countries, and is warming up in the perspective of game-changing new technology idea. Technical textiles market in particular is receiving significant impetus from exponential rise in demand for functional fabric for monitoring safety and operations in industrial space. In 2019, sales value of technical textiles reached US$ 182 Bn, and is set to witness an average annual increase of 4.5% over the next decade. Rising popularity of non-woven fabric and significant technological advancements in conductive textiles are further contributing to adoption of technical textile products.

FREQUENTLY ASKED QUESTIONS ABOUT TECHNICAL TEXTILES MARKET

What is the projected size of the technical textiles market?

The technical textiles market size is projected to be valued at US$ 286 Bn by 2029, exhibiting value CAGR of 4.6% during the forecast period of 2019-2029.

What features and innovations are driving the technical textiles market?

Numerous technologies and evolving end-use industries are bringing a revolution in the technical textiles market. Next-generation technologies involved in the production of technical textiles include nanotechnology, 3D knitting, 3D weaving, and thermoforming. An embrace of R&D investments is also underway for novel products.

Where will the best growth opportunities lie for players in the technical textiles market?

Growth prospects of the technical textiles market remain high in Asia Pacific with emergence of China and India amongst the world’s largest textile industry. Easy availability of raw materials and low labor costs in these countries have attracted huge attention from companies vying for a pie of this lucrative market.

Which application area of technical textiles will have the most growth in next 5 years?

Mobiltech textiles continue to witness higher demand and investments as compared to other application areas. Accounting for 1/5th of revenue share, manufacturers are specifically focused on this category, taking notable changes in automotive industries into consideration.

Which process of technical textile production remains highly preferred among end users?

Preference for non-woven technical textiles is relatively high as compared to their composite counterparts, and demand for former product is expected to grow at a CAGR of 5.3% over the next ten years.

Which key players are better positioned to influence the market over the 2019-2029 period?

The technical textiles market shows a high level of fragmentation, with a large number of small players. However, investors remain bullish in industry behemoths such as E.I. du Pont de Nemours and Company, 3M Company, and Freudenberg & Co. KG.

Mobiltech Textiles to Capture 1/5th Revenue Share

Mobiltech continues to be one of the biggest fields of application of technical fabric, accounting for over 20% of total market share. With textiles becoming an indispensable factor in the manufacturing industry, market players are targeted towards advanced indutech products such as nonwoven nano-fiber filtration media which is now filling micro-filtration performance gap. In addition, rapid pace of urbanization and industrialization in developing countries are influencing manufacturers to capitalize on hometech and construction textiles. Furthermore, agrotech or agri textile remains a key focus area of manufacturers, sensing the need for high-performance fabric to increase crop yield, control diseases and soil borne pathogens, and to ensure water saving.

Asia Pacific - The Most Promising Market for Technical Textiles

The technical textile industry finds immense potential in Asia Pacific, which accounts for 43% of the global adoption. Developing countries such as India and China are emerging as powerhouse of both production and end-use consumption of technical textiles. With changing economic scenario, abundant availability of raw materials, strong presence of manpower, manufacturers are viewing Asia Pacific from both manufacturing and target market perspectives. With emergence of North America and Europe as early adopters of advanced technologies, high opportunities for product innovations are expected in these regions. Moreover, fulfilling advanced functional requirements of technical textiles will remain key to gaining competitive edge in developed markets.

Nanotechnology and Smart Clothes to Dictate Stakeholders’ Strategies

Numerous technologies have been a huge leap forward for the technical textile industry, and progress in gaining pace in sustainable alternatives as consumer demand for carbon neutrality increases. In line with significant improvement in textile chemicals and coatings, key players in the technical textiles market are exploring the possibilities of applying technologies such as AI and nanotechnology in their products. New innovative techniques such as 3D knitting, thermoforming, and 3D weaving are expected to observed large-scale adoption in future, amid growing popularity of smart clothes embedded with wearable electronics or high tech performance fabrics containing electrometric barriers for chemical protection.

Mobiltech remains key application area

Increasing scope of application in oekotech

 

Surging adoption of non-woven process

Demand for composites to grow significantly

 

How Growth will Unfold

Demand for technical textiles is currently based on evolution of the automotive & transportation sector along with their diversified applications in number of industries. While the technical textile sector is proving to be a strong inspirational force of the overall textile industry, relatively high prices and lack of product awareness in several countries remain key challenges for manufacturers. In addition, environmental footprint of the technical textile industry in now under scrutiny as a strong contributor of toxic waste and carbon emissions, thereby compelling manufacturers to align with sustainability and eco-friendly trends.

Changing Dynamics of the Technical Textiles Market

* This data is only a representation. Actual data may vary and will be available in report.

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Overview

Technical Textiles Market Analysis 2019-2029

Future Market Insights published its recent report on the global technical textiles market, which comprises of the global industry analysis for 2014-2018 & opportunity assessment for 2019-2029. It includes a comprehensive assessment of the relevant and related market dynamics. After conducting complete analysis on the historical as well as current growth parameters of the technical textiles market, the growth predictions of the market are obtained with maximum accuracy.

Technical Textiles Market Taxonomy

The global technical textiles market is segmented in detail to cover every aspect of the market and present complete market intelligence to the reader.

Application

  • Agrotech
  • Buildtech
  • Hometech
  • Indutech
  • Sportech
  • Packtech
  • Mobiltech
  • Meditech
  • Clothtech
  • Geotech
  • Protech
  • Oekotech

Process

  • Nonwoven
  • Composites
  • Others

Region

  • North America
  • Latin America
  • Europe
  • South Asia & Pacific
  • East Asia
  • Middle East & Africa

What's Included

The report commences with the executive summary of the technical textiles market, which includes a summary of the key findings and statistics of the market. It also includes the market value (US$ million) estimates of prime segments of the technical textiles market.

Readers can find detailed taxonomy and definition of the technical textiles market in this chapter, which will help them understand the basic information about the technical textiles market. This section also highlights the inclusions and exclusions, which help readers understand the scope of the technical textiles market report.

This section provides the market volume analysis, and pricing analysis by regions such as North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, and the Middle East and Africa.

The report provides key market trends that are expected to impact the market growth significantly during the forecast period. Detailed industry trends are provided in this section, along with key market developments and product innovations.

This section explains the global market value and volume analysis and forecast for the technical textiles market by application in the forecast period of 2019-2029.

This section explains the global market value analysis and forecast for the technical textiles market during 2014-2029. This chapter includes detailed analysis of the historical technical textiles market, along with an opportunity analysis of the future. Readers can also find absolute $ opportunity for the current year (2019-2020) and incremental $ opportunity for the forecast period (2019-2029).

This chapter explains how the technical textiles market will grow across several geographic regions such as North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, and the Middle East & Africa (MEA).

This chapter includes detailed analysis of the growth of the North America technical textiles market, along with a country-wise assessment that includes the U.S. and Canada. Readers can also find regional trends, regulations, and market growth based on end users and countries in North America.

Readers can find detailed information about several factors such as pricing analysis and regional trends that are impacting the growth of the Latin America technical textiles market. This chapter also includes the growth prospects of the technical textiles market in prominent LATAM countries such as Brazil, Mexico, and the Rest of Latin America.

Important growth prospects of the technical textiles market based on its end users in several countries such as Germany, the U.K., France, Spain, Italy, Russia, Poland, BENELUX, and the Rest of Europe are included in this chapter.

This chapter highlights the growth of the technical textiles market in Eastern Europe. This section also helps readers understand key factors that are responsible for the growth of the technical textiles market in Eastern Europe.

In this chapter, India, China, Japan, Australia and New Zealand, and the Rest of South Asia are prominent countries in the South Asia & Pacific region that are the prime subjects of assessment to obtain growth prospects of the technical textiles market. Readers can find detailed information about the growth parameters of the South Asia & Pacific technical textiles market during the forecast period of 2019-2029.

This chapter provides information about how the technical textiles market will grow in the Middle East and Africa during the forecast period of 2019-2029.

In this chapter, readers can find a comprehensive list of all the prominent stakeholders in the technical textiles market, along with detailed information about each company, which includes company overview, revenue shares, strategic overview, and recent company developments. Some of the market players featured in the report are Low and Boar PLC, Ahlstrom Corporation., E.I. du Pont de Nemours and Company, 3M Company, and Milliken and Company, among others.

This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the technical textiles market report.

This chapter helps readers understand the research methodology followed to obtain several conclusions as well as important qualitative and quantitative information about the technical textiles market.

How the research was conducted?

Primary Research

  • C - Level Executives
  • Marketing Directors
  • Product Managers 
  • Business Development Officers 
  • Production Managers
  • Procurement Heads
  • Sales Executives
  • Distributors
  • Traders 
  • Raw Material Suppliers
  • Industry Experts
  • End Users
  • Current Market Dynamics and Challenges
  • Yesteryear Trends 
  • Market Characteristics
  • Market Performance and Growth Quadrants
  • Competition Structure and Market Structure
  • Strategic Growth Initiatives
  • Near-term and long-Term Market Growth Prospects
  • Market Segment Splits and Authenticity
  • Opinions on Market Projections and Validity of Assumptions

Secondary Research

  • Industry Publications
  • Industry Associations
    • OICA
    • International Trade Association
  • Factiva
  • Company Press Releases
  • Annual Reports and Investor Presentations
  • Research Papers
  • Government Websites and Publications
  • Trade Websites

Primary Interview Splits

Primary Interview Splits global technical textiles market designations

Primary Interview Splits global technical textiles market stakeholders

To Learn More About our Comprehensive Perspective on Technical Textiles Market,

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