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Technical Textiles Market Analysis

  • Report ID: GMI5283
  • Published Date: Sep 2024
  • Report Format: PDF

Technical Textiles Market Analysis

The synthetic polymer segment is expected to reach over USD 150 billion by 2032 and will maintain its dominance from 2024-2032. Synthetic polymers, such as polyester, nylon, and polypropylene, are widely used in the production of technical textiles due to their superior properties, such as high tensile strength, durability, and resistance to chemicals and environmental factors. These materials are extensively utilized in applications requiring enhanced performance, including geotextiles, protective clothing, and industrial fabrics. The growing demand for synthetic polymer-based technical textiles in the automotive and construction industries is expected to drive segment growth. Additionally, ongoing innovations in polymer science aimed at improving the performance and sustainability of these materials are likely to further bolster the segment’s market share.
 

Technical Textiles Market Revenue Share, By Application, (2023)

The mobiltech segment will generate a demand for over 17 million tons by 2032 and is anticipated to witness significant growth through the forecast period, attributed to the expanding automotive industry and the increasing application of technical textiles in vehicle manufacturing. Mobiltech refers to technical textiles used in the automotive sector, including materials for interior linings, seat belts, airbags, and tire reinforcements.
 

These textiles are valued for their light weight, strength, and ability to enhance vehicle safety and comfort. As the automotive industry continues to evolve with a focus on reducing vehicle weight and improving fuel efficiency, the demand for high-performance technical textiles in mobiltech applications is expected to rise. Moreover, the growing trend towards electric and autonomous vehicles is likely to create new opportunities for technical textiles in the mobiltech segment.
 

The technical textiles market from non-woven segment is expected to register 4.3% CAGR from 2024-2032. Non-woven technical textiles, characterized by their cost-effectiveness and versatility, are increasingly being adopted in various industries, including healthcare, automotive, and construction. These textiles are produced through processes such as bonding, felting, and needle punching, which do not involve traditional weaving or knitting.

 

Non-woven textiles are widely used in disposable products such as surgical gowns, masks, and wipes, as well as in durable applications like geotextiles and filtration materials. The growing demand for non-woven technical textiles, driven by their ease of production and adaptability to diverse applications, is expected to propel segment growth. Additionally, advancements in non-woven technology aimed at enhancing the performance and sustainability of these materials are likely to contribute to their increased adoption.
 

Asia Pacific Technical Textiles Market Revenue, 2021 - 2032 (USD Billion)

Asia Pacific technical textiles market is expected to reach USD 110 billion by 2032 and is projected to grow at a robust CAGR from 2023-2032. The region’s market growth is primarily driven by the rapid industrialization and urbanization in countries such as China, India, and Japan, which are leading to increased demand for technical textiles in various sectors, including automotive, construction, and healthcare. Additionally, the presence of a large number of textile manufacturers and the availability of low-cost labor and raw materials in the region are contributing to the market’s expansion. The growing focus on sustainability and the adoption of advanced manufacturing technologies in the region are also expected to boost market growth. Furthermore, government initiatives aimed at promoting the use of technical textiles in infrastructure development and industrial applications are likely to create new opportunities for market players in Asia Pacific.

Authors: Kiran Pulidindi, Akshay Prakash

Frequently Asked Questions (FAQ) :

Global market size for technical textiles is expected to reach USD 182 billion in 2023 and will exhibit a 4.5% CAGR from 2024 to 2032, fueled by the increasing demand across various end-use industries such as automotive, construction, healthcare, and agriculture.

The synthetic polymer segment of technical textiles market is expected to reach over USD 150 billion by 2032, due to their superior properties, such as high tensile strength, durability, and resistance to chemicals and environmental factors.

Asia Pacific market is expected to reach USD 110 billion by 2032, driven by rapid industrialization and urbanization, which are leading to increased demand for technical textiles in various sectors, including automotive, construction, and healthcare.

Nobletex Industries Ltd., Milliken & Company, Toyobo Co., Freudenberg Performance Materials, Huntsman International LLC, Asahi Kasei, Kimberly-Clark

Technical Textiles Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 393
  • Countries covered: 19
  • Pages: 220
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