Technical Textile Market by Material (Natural Fiber, Synthetic Polymer, Metal, Mineral, Regenerated Fiber), by Process (Woven, Knitted, Non-woven), by Application (Mobiltech, Indutech, Protech, Buildtech, Packtech), and Region - Global Forecast to 2025
“The technical textile market is projected to grow at a CAGR of 6.2% from 2020 to 2025”
The technical textile market is estimated at USD 164.6 billion in 2020 and is projected to reach USD 222.4 billion by 2025, at a CAGR of 6.2%. It is projected to grow over the next five years. Factors such as improving economic condition of countries, technology advancement, and increasing end-use application are expected to drive the technical textile market in the future. Increasing demand for end-use industries such as healthcare, construction, clothing, packaging, sportswear and sports equipment, automotive, environmental protection and other such areas is expected to drive the overall technical textiles market growth from 2020 to 2025.
“Based on material, the synthetic polymersegment is estimated to account for the largest share of the technical textile market in 2019”
The synthetic polymer segment is estimated to lead the technical textile market in 2019; this segment is projected to retain its leading position through 2025. This growth can be attributed to the superior quality it offer. Whereas, natural fibers is projected to grow at the highest CAGR during the forcast period owing to its easy availability and low cost of material.
“Based on application, the mobiltech segment is estimated to account for the largest share of the technical textile market in 2019”
Based on application, the technical textile market has been segmented into mobiletch, meditech, hometech, buildtech, agrotech, packtech, protech, indutech, oekotech, geotech, clothtech, and sportech. The mobiltech segment is estimated to lead the technical textile market in 2019. Whereas, the meditech segment is projected to grow at the highest CAGR during the forecast period. The availability of modern healthcare to the global population is driving the demand for efficient technical textile products as they provide higher performance as compared to that of the traditional paper-based products in the healthcare industry.
“In terms of both value and volume, the Asia Pacific technical textile market is projected to grow at the highest CAGR during the forecast period.”
In terms of value and volume, the Asia Pacific region is projected to grow at the highest CAGR from 2020 to 2025 due to the strong demand for the nonwoven products from countries such as China, India, and Japan. The demand for technical textile is expected to be fuelled by rapid urbanization in emerging economies such as India and China. Increased construction spending in emerging counties is expected to trigger the demand for technical textiles in buildings and construction which in turn is expected to drive the growth of the market in the region.
In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the technical textile market.
By Company Type: Tier 1: 35%, Tier 2: 40%, and Tier 3: 25%
By Designation: C-level: 40%, D-level: 35%, and Others: 25%
By Region: North America: 20%, Europe: 35%, Asia Pacific: 25%, Middle East & Africa: 15%, and South America: 5%
The key players profiled in the report are as follows:
Asahi Kasei (Japan)
Kimberly Clarke (US)
Berry Global Group (US)
Mitsui Chemicals (Japan)
Freudenberg & Co. (Germany)
Low & Bonar (UK), Huntsman (US)
Toyobo Co. (Japan)
Milliken & Company (US)
SRF Limited (India)
Koninklijke Ten Cate (Netherlands)
International Textile Group (US)
The market study covers the technical textile market across various segments. It aims at estimating the market size and the growth potential of this market across different segments based on material, technology, application, and region. The study also includes an in-depth competitive analysis of key players in the market, along with their company profiles, key observations related to their products and business offerings, recent developments undertaken by them, and key growth strategies adopted by them to enhance their position in the technical textile market.
Key Benefits of Buying the Report
The report is projected to help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers of the overall technical textile market and its segments and sub-segments. This report is projected to help stakeholders understand the competitive landscape of the market and gain insights to improve the position of their businesses and plan suitable go-to-market strategies. The report also aims at helping stakeholders understand the pulse of the market and provides them with information on the key market drivers, challenges, and opportunities.
Table Of Contents
1 Introduction 1.1 Objectives Of The Study 1.2 Market Definition 1.3 Market Scope 1.3.1 Years Considered For The Study 1.4 Currency Considered 1.5 Unit Considered 1.6 Stakeholders 1.7 Summary Of Changes
2 Research Methodology 2.1 Research Data 2.1.1 Secondary Data 22.214.171.124 Key Data From Secondary Sources 2.1.2 Primary Data 126.96.36.199 Key Data From Primary Sources 188.8.131.52 Key Industry Insights 184.108.40.206 Breakdown Of Primary Interviews 2.2 Market Size Estimation 2.2.1 Top-Down Approach 2.2.2 Bottom-Up Approach 2.3 Data Triangulation 2.4 Assumptions 2.5 Limitations
3 Executive Summary
4 Premium Insights 4.1 Emerging Economies To Witness Relatively Higher Demand For Technical Textile 4.2 Apac: Technical Textile Market, By Application And Country 4.3 Technical Textile Market, By Material 4.4 Technical Textile Market, By Process 4.5 Technical Textile Market, By Application 4.6 Technical Textile Market, By Country
5 Market Overview 5.1 Introduction 5.2 Market Dynamics 5.2.1 Drivers 220.127.116.11 Increasing Adaptability And Awareness Of Products 18.104.22.168 Increase In Demand For Technical Textiles In The Healthcare Industry 22.214.171.124 Demand For Lightweight And Fuel-Efficient Transportation Vehicles 126.96.36.199 Growing Awareness Regarding Environmentally-Friendly Fabrics And Regulatory Framework Promoting The Use Of Technical Textile 5.2.2 Restraints 188.8.131.52 Volatility In Raw Material Prices 5.2.3 Opportunities 184.108.40.206 Emergence Of New Technologies 220.127.116.11 Growing Demand From Emerging Industrial Markets 18.104.22.168 Increase In The Significance Of Geotextiles 5.2.4 Challenges 22.214.171.124 Cost-To-Benefit Ratio A Concern For Small Manufacturers 126.96.36.199 Varying Environmental Mandates Across Regions 188.8.131.52 Availability Issues Regarding Raw Materials For Technical Textiles
6 YC-YCC Drivers
7 Industry Trends 7.1 Introduction 7.2 Value Chain Analysis 7.2.2 Prominent Companies 7.2.3 Small & Medium Enterprises 7.3 Porter’s Five Forces Analysis 7.3.1 Threat Of New Entrants 7.3.2 Threat Of Substitutes 7.3.3 Bargaining Power Of Suppliers 7.3.4 Bargaining Power Of Buyers 7.3.5 Intensity Of Competitive Rivalry
8 Impact Of Covid-19 On Technical Textile Market
9 Patent Analysis 9.1 Introduction 9.2 Methodology 9.2.1 Document Type 9.2.2 Insight 9.3 Jurisdiction Analysis 9.4 Top Applicants
13 Technical Textile Market, By Region 13.1 Introduction 13.2 North America 13.2.1 Us 184.108.40.206 Us To Lead The Market In North America From 2020 To 2025 13.2.2 Canada 220.127.116.11 The Technical Textile Manufacturers In Canada Focus On Producing Specialized Products 13.2.3 Mexico 18.104.22.168 Availability Of Natural Resources Has Created Opportunities In The Country 13.3 Europe 13.3.1 Germany 22.214.171.124 Germany To Lead The Technical Textile Market In Europe 13.3.2 France 126.96.36.199 Growing Automobile Sector To Boost The Market In The Country 13.3.3 Uk 188.8.131.52 The Automobile And Construction Industries Account For A Major Demand In The Country 13.3.4 Russia 184.108.40.206 Increase In Construction Activities To Drive The Consumption Of Technical Textile 13.3.5 Italy 220.127.116.11 Significant Increase In Healthcare Expenditure Driving The Demand For Technical Textile Market 13.3.6 Spain 18.104.22.168 Rise In The Use Of Feminine Hygiene Products To Boost The Demand For Nonwoven Process 13.3.7 Rest Of Europe 13.4 Asia Pacific 13.4.1 China 22.214.171.124 China To Dominate The Technical Textile Market In The Region 13.4.2 India 126.96.36.199 India To Be The Fastest-Growing Country Globally For Technical Textile Market 13.4.3 Japan 188.8.131.52 Increased Demand For Technical Textiles From Various End-Use Industries 13.4.4 Australia 184.108.40.206 Strong International And Commercial Export Of Technical Textile To Drive The Market 13.4.5 Indonesia 220.127.116.11 Demand For Personal Care And Hygiene Products To Boost The Technical Textile Market 13.4.6 Rest Of Asia Pacific 13.5 Middle East & Africa 13.5.1 Turkey 18.104.22.168 Turkey To Be The Leading Technical Textile Market In Middle East & Africa 13.5.2 Uae 22.214.171.124 The Country To Be The Second-Highest Growing Market For Technical Textile In The Region 13.5.3 South Africa 126.96.36.199 Increase In The Number Of Healthcare Units To Boost The Use Of Technical Textile 13.5.4 Saudi Arabia 188.8.131.52 Increasing Gdp And Key End Users Is Expected To Rise The Demand For Technical Textile In Saudi Arabia 13.5.5 Rest Of The Middle East & Africa 13.6 South America 13.6.1 Brazil 184.108.40.206 Brazil To Dominate Technical Textile Market In South America 13.6.2 Argentina 220.127.116.11 A Shift Of The Global Textile Industry To More High-End And High-Quality Products 13.6.3 Rest Of South America
14 Competitive Landscape 14.1 Overview 14.2 Market Ranking 14.3 Share Of Key Players In The Technical Textile Market 14.4 Competitive Leadership Mapping 14.4.1 Star 14.4.2 Emerging Leaders 14.4.3 Pervasive 14.4.4 Emerging Companies 14.4.1 Strength Of Product Portfolio 14.4.2 Business Strategy Excellence
15 Company Profiles 15.1 Dupont 15.1.1 Business Overview 15.1.2 Financial Assessment 15.1.3 Operational Assessment 15.1.4 Products Offered 15.1.5 Recent Developments 15.1.6 Covid-19-Related Developments/Strategies 15.1.7 Swot Analysis 15.1.8 Winning Imperatives 15.1.9 Current Focus And Strategies 15.1.10 Threat From Competition 15.1.11 Right To Win 15.2 Asahi Kasei 15.2.1 Business Overview 15.2.2 Financial Assessment 15.2.3 Operational Assessment 15.2.4 Products Offered 15.2.5 Recent Developments 15.2.6 Covid-19-Related Developments/Strategies 15.2.7 Swot Analysis 15.2.8 Winning Imperatives 15.2.9 Current Focus And Strategies 15.2.10 Threat From Competition 15.2.11 Right To Win 15.3 Kimberley-Clark Corporation 15.3.1 Business Overview 15.3.2 Financial Assessment 15.3.3 Business Segments - Financial Data (Usd Million) 15.3.4 Operational Assessment 15.3.5 Products/Solutions/Services Offered 15.3.6 Recent Developments 15.3.7 Covid-19-Related Developments/Strategies 15.3.8 Swot Analysis 15.3.9 Winning Imperatives 15.3.10 Current Focus And Strategies 15.3.11 Threat From Competition 15.3.12 Right To Win 15.4 Berry Global Group 15.4.1 Business Overview 15.4.2 Financial Assessment 15.4.3 Operational Assessment 15.4.4 Products Offered 15.4.5 Recent Developments 15.4.6 Covid-19-Related Developments/Strategies 15.4.7 Swot Analysis 15.4.8 Winning Imperatives 15.4.9 Current Focus And Strategies 15.4.10 Threat From Competition 15.4.11 Right To Win 15.5 Freudenberg 15.5.1 Business Overview 15.5.2 Financial Assessment 15.5.3 Operational Assessment 15.5.4 Freudenberg’s Technical Textiles And Filtration Segment 15.5.5 Products Offered 15.5.6 Products/Solutions/Applications 15.5.7 Recent Developments 15.5.8 Covid-19-Related Developments/Strategies 15.5.9 Swot Analysis 15.5.10 Winning Imperatives 15.5.11 Current Focus And Strategies 15.5.12 Threat From Competition 15.5.13 Right To Win 15.6 Ahlstrom-Munksjo 15.6.1 Business Overview 15.6.2 Financial Assessment 15.6.3 Filtration And Performance Segment - Financial Data (Usd Million) 15.6.4 Operational Assessment 15.6.5 Products/Solutions/Services Offered 15.6.6 Covid-19-Related Developments/Strategies 15.6.7 Swot Analysis 15.6.8 Winning Imperatives 15.6.9 Current Focus And Strategies 15.6.10 Threat From Competition 15.6.11 Right To Win 15.7 Mitsui Chemicals 15.7.1 Business Overview 15.7.2 Financial Assessment 15.7.3 Operational Assessment 15.7.4 Products Offered 15.7.5 Recent Developments 15.7.6 Covid-19-Related Developments/Strategies 15.7.7 Swot Analysis 15.7.8 Right To Win 15.8 Huntsman 15.8.1 Business Overview 15.8.2 Financial Assessment 15.8.3 Operational Assessment 15.8.4 Products Offered 15.8.5 Recent Developments 15.8.6 Covid-19-Related Developments/Strategies 15.8.7 Right To Win 15.9 Toray Industries Inc. 15.9.1 Business Overview 15.9.2 Financial Assessment 15.9.3 Operational Assessment 15.9.4 Products Offered 15.9.5 Recent Developments 15.9.6 Covid-19-Related Developments/Strategies 15.9.7 Right To Win 15.10 Low & Bonar 15.10.1 Business Overview 15.10.2 Financial Assessment 15.10.3 Operational Assessment 15.10.4 Products Offered 15.10.5 Recent Developments 15.10.6 Covid-19-Related Developments/Strategies 15.10.7 Right To Win 15.11 Toyobo Co., Ltd. 15.11.1 Business Overview 15.11.2 Financial Assessment 15.11.3 Operational Assessment 15.11.4 Key Major Categories Of The Products Offered 15.11.5 Products/Brand Offered 15.11.6 Recent Developments 15.11.7 Right To Win 15.12 Koninklijke Ten Cate Bv 15.12.1 Business Overview 15.12.2 Financial Assessment 15.12.3 Operational Assessment 15.12.4 Products Offered 15.12.5 Recent Developments 15.12.6 Right To Win 15.13 Srf Limited 15.13.1 Business Overview 15.13.2 Products Offered 15.13.3 Recent Developments 15.13.4 Right To Win 15.14 Milliken Chemical 15.14.1 Business Overview 15.14.2 Products Offered 15.14.3 Recent Developments 15.14.4 Right To Win 15.15 Srf Limited 15.15.1 Business Overview 15.15.2 Products Offered 15.15.3 Recent Developments 15.15.4 Right To Win 15.16 International Textile Group 15.16.1 Business Overview 15.16.2 Operational Assessment 15.16.3 Products Offered 15.16.4 Right To Win 15.17 Additional Companies 15.17.1 Bayteks Tekstil San. Ve Tic. A. 15.17.2 Duveltex 15.17.3 Huesker Group 15.17.4 Baltex Fabrics 15.17.5 Bruck Textiles
16 Appendix 16.1 Discussion Guide 16.2 Knowledge Store: Marketsandmarkets’ Subscription Portal 16.3 Available Customizations 16.4 Related Reports 16.5 Author Details
Write comment about above report:
Published By: MarketsandMarkets
Did you find what you are/were looking for
If not, read below and browse through other relevant pages for similar market research
reports OR get in touch with us through the form/contact info in your right navigation
panel and well share relevant market report titles for you to explore.
We are on:
500,000 market research reports and growing.
Top Fortune 500 Organizations trust us for research data.