Fresh Perspectives on the Global Technical Textiles Market to Get Your Business Strategy Ready
The global market for Technical Textiles is projected to reach US$217.7 billion by 2025, driven by the robust growth in construction and infrastructure projects, increasing automobile production, and rising demand from the healthcare sector.
Global Industry Analysts, Inc. (GIA) launches comprehensive analysis of industry segments, market trends, growth drivers, market share, size and demand forecasts on the global Technical Textiles market. The segments covered in the study include Process (Woven, Non-Woven, and Other Processes); Application (Mobiltech, Indutech, Sportech, Packtech, Buildtech, Clothtech, Hometech, Meditech, Agrotech, Protech, and Other Applications).
24 June 3:18 A.M., California/Marketwire/ - According to the new market research report, the global market for Technical Textiles is projected to reach US$217.7 billion by 2025, driven by the robust growth in construction and infrastructure projects, increasing automobile production, and rising demand from the healthcare sector. Stringent government legislations mandating the use of geosynthetics in infrastructure development projects will continue to provide regulatory driven stability to demand patterns in the market. Rapid urbanization and industrialization, expanding manufacturing base, rising income levels and increased consumption of manufactured goods represent other macroeconomic factors that bode well for market growth.
Continuous development of new and advanced technical textiles especially flexible materials; breakthroughs in polymer and fiber science; development of newer and more efficient processing technologies; growing clout of nanotechnology in textile innovation and expanding research budgets for textiles, all represent factors vital for shaping future growth in the market. In the automobile and aircraft industry, the growing pressure to replace steel is driving interest in technical fabrics such as fiber-based composites. In the healthcare industry, wound closure, regenerative medicine and electrical stimulation will offer lucrative growth opportunities for medical grade technical textiles. Technology development will remain critical to future growth such as breakthroughs in nanofibers and biopolymers and developments in "super cellulosics" featuring super-hydrophobicity and biodegradability benefits.
All of these innovations flaunt to potential to expand the addressable market opportunity in a wide range of end-use sectors. Among the top producers of technical textiles worldwide are India, China, Europe and the Americas. India`s traditionally import reliant technical textiles industry is receiving policy led focus on domestic production for import substitution over the medium to long-term period. In China, on the other hand, production of technical textiles is witnessing growth faster than the overall textile industry, while in Europe, Germany continues to lead the technical textiles sector in the region. In the Americas, technical textiles in the United States is flourishing supported by Trump`s pro-manufacturing agenda and the resulting increase in productivity, flexibility and innovation.
Asia-Pacific including China represents the largest market worldwide, led by growing demand for wearable technology; rapid infrastructure development in countries such as China, India and South Korea; and expanding applications in agriculture, automotive, healthcare, defense and protective textiles. Specifically, demand for geotextiles is supported by rapid infrastructure development, while medical textiles are being strengthened by the era of value based care and quality innovations in healthcare. Similarly, automotive textiles are driven by the region`s lead in smart urban mobility revolution, while agro textiles continue to benefit from Asia`s decisive role in the global food chain.
Key Competitors Covered in the Report
Agru America Inc.
Asahi Kasei Corporation
Belton Industries Inc.
Berry Global Group
Borgers SE & Co. KGaA
Delfingen Industry S.A
DSM Dyneema BV
Fibertex Nonwovens A/S
Global Synthetics Pty. Ltd.
Hanes Geo Components
Hindoostan Mills Ltd.
Huesker Synthetic GmbH
Lenzing Plastics GmbH & Co KG
Low & Bonar PLC
Milliken & Company
NAUE GmbH & Co. KG
Officine Maccaferri S.p.A.
Propex Operating Company LLC
Royal Ten Cate
Strata Systems Inc.
TWE Group GmbH
Geographies Analyzed in the Report
Europe (France, Germany, Italy, UK, Spain, Russia, and Rest of Europe)
Asia-Pacific (India, and Rest of Asia-Pacific)
Latin America (Brazil, and Rest of Latin America)
Rest of World
This latest edition of the research study is conducted and published by Global Industry Analysts, Inc., in close collaboration with senior executives in the industry driving strategy, business development, marketing, sales, product management, technology and operations. All analysis and findings published in the report are based on validated engagements from a total executive pool size of 2833. Among this pool, 512 direct interactions with domain experts were carried out via our proprietary market research platform, MarketGlass. Among the 83 unique participations, a total of 37 validated responses were received as part of this report's primary research outreach program. We are unique in the industry to provide our clients with the validated list executive engagements and the complete project data stack.
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) (www.strategyr.com) is the world's only influencer driven AI powered market research company. Serving more than 41,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for 33 years, offering the widest coverage of topics, geographic markets, competitive brands, and companies profiled.
Director, Corporate Communications
Global Industry Analysts, Inc.