Technical Textiles Market: An In-depth Analysis from 2018-2027, Highlighting Key Players, Types, Applications, Regional Trends, Opportunities, Challenges, and Risk Factors in the Competitive Landscape | Douglas Insights
Isle Of Man, Jan. 31, 2023 (GLOBE NEWSWIRE) — Technical textiles are performance-based textiles that have higher qualities than conventional textiles in one or more ways. They are created using both synthetic and natural fibres.
Synthetic fibres are typically created using a variety of natural fibres and applying a combination of chemical processes to them. These processes allow the fibres to gain new properties that can enhance the performance of any textiles developed with them.
These new properties allow technical textiles to have higher strength, durability, breathability, stretch/ flexibility, versatility, hygiene, safety, or water resistance. As such, they can be used in various applications other than apparel use.
For example, high-quality stronger textiles are widely used for automotive applications, whereas others with functionalities like greater hygiene or safety have plenty of medical applications.
These days, increasing awareness about the properties, applications, and functionality of technical textiles is increasing demand and consumption globally. This awareness and subsequent demand are key driving factors for the global technical textiles market.
Similarly, the rising adaptability of utility and functionality is encouraging conventional manufacturing to improve innovation and upgrade natural fibres through technical textile development.
This shift in the industry is caused by higher demand for textile products that provide greater strength and flexibility and provides greater functionalities like durability, personal safety, or lower weight.
Together, increased awareness and adaptability are the two main factors driving the growth of the global technical textiles market in the coming years.
They are supplemented by rapid
technological advancement in the textile industry
, which is helping drive growth in nearly every product segment, especially technical textiles. Spinning, weaving and knitting are key areas where new technologies are helping improve the production of technical textiles.
New technologies like thermo-forming, melt spinning, and three-dimensional weaving and knitting wet spinning, are making it possible to produce enhanced fibres with high-performance properties for the production of technical textiles.
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It is in developing and producing such cutting-edge fibres and technical textiles that key market players find the best growth opportunities in the coming years.
Of course, this production and the growth of the global technical textiles market are not without their restraints and challenges.
The biggest restraint to this market in the coming years is the high cost of finished products that impact pricing. Researching and development of enhanced fibres are costly but not nearly as expensive as manufacturing technical textiles.
Manufacturing involves complex procedures, limited margins of error, and advanced infrastructure, all of which are expensive for market players. There is also the high cost of procuring the raw materials for manufacturing fibres and technical textiles.
Ultimately, these things culminate in a finished product that has a high production cost, which leaves manufacturers with limited opportunities for profit margins. Conversely, the higher price of finished products impacts the pricing structure of intermediate industries, which makes the finished technical textile products available to consumers.
However, upcoming and new technologies like the previously mentioned ones are helping reduce the cost of production. Thus, making it easier for market players to manufacture technical textiles and make them commercially viable.
These cost-cutting new technologies are expected to overcome restraints and support the growth of the global technical textiles market in the coming years.
Region-wise, production and growth opportunities of fibres and technical textiles are also centred around countries with technological capabilities. This includes countries like the U.S., Canada, Japan, and a few countries in Europe.
However, rapidly developing nations in the Asia-Pacific region, like China and India, are also expected to show growth in the coming years. Key factors like growing economies, rising populations, increasing demands for hygiene products, etc., are all driving growth for this market in the Asia Pacific region.
The key challenge in terms of regions is the varying environmental mandates. Key market players are restricted from using manufacturing materials according to regional regulations. This poses challenges for the global technical textiles market.
Many governments are restricting chemical use across industries, consumers demand the use of bio-degradable materials, and the intermediate industry wants to ensure that pricing is not increased to a point where they start to lose market share.
You can get an in-depth report on the global technical textiles market from Douglas Insights. This report covers various product types and end-user segments.
Covered industries include the ones that rely on textiles for safety, filtration, support, etc. The report highlights all key aspects of the market by segmenting it based on the form of material, material type, region, application, and industrial end-use category.
The report offers a comprehensive, up-to-date overview of the global technical textiles market and analyses market trends globally for the coming years. You will also find crucial information like historic market revenue, CAGR projections, market share analysis, key driving factors, restraints, demand, COVID-19 impact, and a lot more.
The detailed report also highlights the fastest growing applications and technologies, an assessment of the vendors’ landscape, and a detailed profile of key market players like DuPont, Mitsui Chemicals Inc., Asahi Kasei Corp., Kimberly-Clarke, Berry Global Group, and Freudenberg & Co.
Browse to access an In-depth research report on Global Technical Textiles Market with detailed charts and figures:
The incredible insights you get from Douglas Insights’ global technical textiles market report are a game-changer for marketers, businesses, investors, and professionals in the industry. It can help you make key decisions about the market that help your business or investments.
Most importantly, the exhaustively detailed report, its projections, and its insights can give you an edge over competitors.
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Countries Covered in the report are as below:
- North America – United States, Canada, and Mexico
- Europe – United Kingdom, Germany, France, Italy, Russia, Spain & Rest of Europe
- Asia-Pacific – China, India, Japan, South Korea, Australia & Rest of APAC
- Latin America – Brazil, Argentina, Peru, Chile & Rest of Latin America
- Middle East and Africa – Saudi Arabia, UAE, Israel, South Africa
Segmentation Covered into Global Technical Textiles Market-
Chapter 6 Market Breakdown by Type of Material
6.2 Market Size Estimation and Forecast
6.3 Synthetic Polymers
6.3.2 Polyvinyl Chloride
6.3.3 Low-Density Polyethylene
6.3.5 Market Size Estimation and Forecast
6.4 Natural Fibers
6.4.1 Market Size Estimation and Forecast
6.5 Mineral Fibers
6.5.1 Market Size Estimation and Forecast
6.6 Metal Fibers
6.6.1 Market Size Estimation and Forecast
6.7 Regenerated Fibers
6.7.3 Market Size Estimation and Forecast
6.8 Other Technical Textile Fibers
6.8.1 Glass Fibers
6.8.2 Basalt Fibers
6.8.3 Carbon Fibers
6.8.4 Ceramic Fibers
6.8.5 Market Size Estimation and Forecast
Chapter 7 Market Breakdown by Form of Material
7.2 Woven Technical Textiles
7.2.2 Market Size Estimation and Forecast
7.3 Nonwoven Technical Textiles
7.3.1 Market Size Estimation and Forecast
7.4 Knitted Technical Textiles
7.4.1 Types of Knitted Fabric
7.4.2 Market Size Estimation and Forecast
7.5 Other Forms of Technical Textile Materials
7.5.1 Market Size Estimation and Forecast
Chapter 8 Market Breakdown by Manufacturing Process
8.3 3D Knitting
8.4 3D Weaving
Chapter 9 Market Breakdown by Industrial End-Use Category
9.2 Market Size Estimation and Forecast
9.3 Mobiltech (Automotive Textiles)
9.3.2 Market Size Estimation and Forecast
9.3.3 Mobiltech End Uses
9.4 Indutech (Industrial Textiles)
9.4.2 Market Size Estimation and Forecast
9.4.3 Indutech End Uses
9.5 Sportech (Sports Textiles)
9.5.2 Market Size Estimation and Forecast
9.5.3 Sportech End Uses
9.6 Buildtech (Construction Textiles)
9.6.2 Market Size Estimation and Forecast
9.6.3 Buildtech End Uses
9.7 Hometech (Home Textiles)
9.7.2 Market Size Estimation and Forecast
9.7.3 Hometech End Uses
9.8 Clothtech (Clothing Textiles)
9.8.2 Market Size Estimation and Forecast
9.8.3 Clothtech End Uses
9.9 Meditech (Medical Textiles)
9.9.2 Market Size Estimation and Forecast
9.9.3 Meditech End Uses
9.10 Agrotech (Agro Textiles)
9.10.2 Market Size Estimation and Forecast
9.10.3 Agrotech End Uses
9.11 Protech (Protective Textiles)
9.11.2 Market Size Estimation and Forecast
9.11.3 Protech End Uses
9.12 Packtech (Packaging Textiles)
9.12.2 Market Size Estimation and Forecast
9.12.3 Packtech End Uses
9.13 Geotech (Geotextiles)
9.13.2 Market Size Estimation and Forecast
9.13.3 Geotech End Uses
9.14 Oekotech (Environmental Textiles)
9.14.2 Market Size Estimation and Forecast
9.14.3 Oekotech End Uses
Chapter 10 Market Breakdown by Region
10.2.1 Overview of the Asia-Pacific Market for Technical Textiles
10.2.2 Asia-Pacific Market for Technical Textiles by Industrial End-Use Category
10.2.3 Asia-Pacific Market for Technical Textiles by Type of Material
10.2.4 Asia-Pacific Market for Technical Textiles by Form of Material
10.2.5 Asia-Pacific Market for Technical Textiles by Country
10.3 North America
10.3.1 Overview of the North American Market for Technical Textiles
10.3.2 North American Market for Technical Textiles by Industrial End-Use Category
10.3.3 North American Market for Technical Textiles by Type of Material
10.3.4 North American Market for Technical Textiles by Form of Material
10.3.5 North American Market for Technical Textiles by Country
10.4.1 Overview of the European Market for Technical Textiles
10.4.2 European Market for Technical Textiles by Industrial End-Use Category
10.4.3 European Market for Technical Textiles by Type of Material
10.4.4 European Market for Technical Textiles by Form of Material
10.4.5 European Market for Technical Textiles by Country
10.5 Rest of the World
10.5.1 Overview of the ROW Market for Technical Textiles
10.5.2 ROW Market for Technical Textiles by Industrial End-Use Category
10.5.3 ROW Market for Technical Textiles by Type of Material
10.5.4 ROW Market for Technical Textiles by Form of Material
10.5.5 ROW Market for Technical Textiles by Sub-Region
Key questions answered in this report
- COVID 19 impact analysis on global Technical Textiles industry.
- What are the current market trends and dynamics in the Technical Textiles market and valuable opportunities for emerging players?
- What is driving Technical Textiles market?
- What are the key challenges to market growth?
- Which segment accounts for the fastest CAGR during the forecast period?
- Which product type segment holds a larger market share and why?
- Are low and middle-income economies investing in the Technical Textiles market?
- Key growth pockets on the basis of regions, types, applications, and end-users
- What is the market trend and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
Unique data points of this report
- Statistics on Technical Textiles and spending worldwide
- Recent trends across different regions in terms of adoption of Technical Textiles across industries
- Notable developments going on in the industry
- Attractive investment proposition for segments as well as geography
- Comparative scenario for all the segments for years 2018 (actual) and 2028 (forecast)
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