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technical textiles market

Technical Textiles Market [By Technology Type (3D Knitting, 3D Weaving, Thermo-forming, Nan Fibers, Finishing Treatments and Others); By Application (Clothtech, Sportech , Mobiltech , Indutech , Hometech , Meditech , Protech and Others); By Regions]: Market size & Forecast, 2017 – 2026

Published: Mar 2018
Pages: 80
Format: PDF
Report ID: PM1135
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Report Summary

The worldwide technical textiles market is anticipated to grow at a CAGR of 3.5% between 2018 and 2026. Rising demand for technical textiles from several end use industries is expected to be the major factor driving demand for these products.

The technical textiles market has been growing owing to new developments and innovations. Larger percentage of demand is concentrated from the developed countries such as U.S., China, Germany, France etc. The globally increasing industrialization and development of the emerging nations especially in the Asia pacific region have been driving industry growth. The market has been changing constantly in terms of technologies, applications, innovation and product performance. Along with novel product developments and innovations, demand for these products has been increasing with newer applications sectors. Major part of these products demand comes from several end-use industries including sports equipment, automotive, sportswear, construction, environmental protection & healthcare, clothing, packaging and agriculture

The technical textiles market is characterized by vast investments in research & development projects that result in novel products and innovations. The market has witnessed steady growth both in technical textiles and its end product production and consumption. These products are consumed in the form of yarn, unspun fibers and fabric, with a major part of application segments and are being consumed in the form of fabric. The prospects of these textiles embrace a great deal of economic sphere of several activities than just direct manufacturing & processing of textiles. The uniqueness along with the challenges of these products lies in specific needs to recognize and be relevant with the main beliefs of the technology and textile science to provide unique solutions to its applications. Hence with such potential growth and technology driven prospects of technical textiles market, demand for these products is expected to further increase in the near future.

North America Technical Textiles Market Share By Technology Type, 2017-2026

North America Technical Textiles Market Share By Technology Type, 2017-2026

Note: Inside circle depicts data for 2017 & outside circle depicts data for 2026

Segment Analysis

The global technical textiles market is segmented into technology types, application and region. Types of technical textile technologies are further subdivided into 3D Knitting, 3D weaving, thermo-forming, nano fibers, finishing treatments and others. The application market is further segmented into clothtech, sportech, mobiltech, indutech, hometech, meditech, protech and others. Non-woven, fibers, composites and meditech segments are expected to account for a significant market share of around 50% by the end of the forecast period. The rapid expansion of the global automobile industry and its increasing acceptance of these geotextiles are anticipated to drive growth of geotech and mobiltech segments.

3D Knitting, 3D weaving and nano fibers are expected to be the leading technology segments. In these types of multilayer structures, effect of the weave combination is less on strength properties however it primarily strengthens the structural stability. Advantage in terms of its characteristics, these segments leads the technology types.

SAMPLE TABLE
North America Technical Textiles Market, By Application, 2017 - 2026 
(USD Million)

North America Technical Textiles Market, By Application, 2017 - 2026 (USD Million)

Regional Analysis

North America was the leading region for the technical textiles market in 2017. U.S. was the major player for higher consumption of these products that accounted accounting a total share of around 23%. It was followed by the countries of Western Europe, Japan and China. The emerging regions of the globe including Asia Pacific and the Latin American market are expected to witness swift growth in several segments of the industry. Nations including China, Brazil and India are expected to be the leading markets in their respective regions. These countries are anticipated to observer brisk growth over the forecast period in the technical textiles market. Favorable government policies and initiatives that encourage manufacturing, infrastructure spending, medical etc. are anticipated to engage in primary roles in shaping those country markets.

Competitive Analysis

Some of the leading industry participants currently operating in the technical textiles market include DuPont De Nemours & Co., Royal Ten Cate, Johns Manville, Ahlstrom Corporation, GSE Environmental Inc., Proctor and Gamble, Freudenberg & Co., Hindustan Technical Fabrics Limited, Huesker Synthetic GmbH and 3M.

Key questions answered by the report

  • What is the current market size and forecasts of technical textiles
  • What is the market opportunity for technical textiles
  • How big is the market size of application for technical textiles
  • How much is the estimated market for technical textiles in North America during the forecast period
  • What are the companies in this market and how are they classified
  • What are the available opportunities and who are the top market players in this space
Key Take-Away