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Technical Textiles Market Share

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

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Technical Textiles Market Share

Companies are actively engaged in research and development activities to innovate and enhance their product offerings in the market. Strategic partnerships, mergers and acquisitions, and investments in advanced manufacturing technologies are some of the key strategies adopted by these market leaders to strengthen their market position and expand their global footprint.

Technical Textiles Market Companies

Some of the key technical textiles industry participants are

Nobletex Industries Ltd.
Milliken & Company
Toyobo Co.
Freudenberg Performance Materials
Huntsman International LLC
Asahi Kasei
Kimberly-Clark’s
Heathcoat Fabrics Ltd.
Dupont

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’s, Heathcoat Fabrics Ltd., and Dupont among others.