Technical Textile Market (By Manufacturing: 3D Weaving, Thermo-forming, 3D Knitting, Heat-set Synthetics, Nanotechnology, Hand-made Elements, Finishing Treatments, and Others; By End-use: Buildtech Textiles, Agro Textiles, Indutech Textile, Medtech Textile, Hometech Textile, Packtech Textile, Transtech Textile, Protech Textile, Clothtech Textile, Sportech Textile, and Others) - Global Market Size, Trends Analysis, Segment Forecasts, Regional Outlook 2023 - 2032
The global technical textile market size was valued at US$ 204.3 billion in 2022 and to reach US$ 661.4 billion by 2032, with a CAGR of 12.97% from 2023 to 2032.
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Increasing awareness related to the advantages of technical textile projected to impel its demand across several end-use industries that include construction, agriculture, medical, aerospace, and packaging. Innovations in biotechnology have rapidly changed and evolved the traditional farming methods towards more scientific approach. The employment and implementation of highly-advanced technologies in the field of agricultural sector estimated to enhance the crop yield, thereby influencing the total productivity as well as demand for technical textiles.
Furthermore, the increasing application of technical textiles in automobiles and construction sector that include floor covering, rubber, protective gears, flexible reservoirs, and bags & containers used for transportation of critical goods or products, and many more significantly influences the market growth. Increasing application of technical textile is mainly because of its multi-dimensional properties that include high strength, versatility, lightweight, and durability. Thus, the above-mentioned factors are likely to propel the market growth over the upcoming years.
However, the manufacturing cost associated with the technical textiles is higher compared to conventional textiles because of the implementation of advanced and superior raw materials that is likely to impact negatively towards the market growth. In addition, the technology used during the manufacturing of raw materials trailed by their processing as well as final conversion is a costly process that expected to hamper the market growth for technical textiles.
3D weaving manufacturing technology held a market share of around 24% in 2022 and estimated to register a growth rate of nearly 4.3% between years 2023 and 2032. Significant share of the segment is mainly attributed to the large implementation of 3D weaving manufacturing technology in industries that include medical, agriculture, packaging, industrial, automotive, and aerospace.
On the other hand, 3D knitting manufacturing method helps in monitoring the dimensionality found in knit structures and the 3D shaped weft knitting. In addition, the technology also permits improvements and alterations in the user interface that result in a high-performing and more efficient knit product designs. The above factor anticipated to impel the growth of the 3D knitting technology in technical textile market during the forecast timeframe.
Home tech textiles segment captured the highest value share of around 20% in 2022 and is projected to grow at a rate of 5.2% during the analysis period. It is mainly used for household applications that include cushion materials, furniture, floor &wall coverings, fireproofing, and textile reinforced structures that deliver comfort, decoration, and safety.
Agro textiles are widely used in agriculture sector because of its functional benefits that include protection from micro-organisms, superior weather resistance, water conservation, and protection from ultra-violet radiation as well as solar radiation. These products provide better crop protection, thereby lead to improved crop quality and increased overall yield.
The Asia Pacific led the market, accounting for nearly half of the value share in 2022. The dominance of the region expected to continue during the analysis period as well. This is majorly attributed to the increasing demand for functional clothing and apparel in the region. Large consumer base, surge in demand for ethnic wears, and significant impacts of western clothing culture are the major factors that drive the demand for functional clothing in the region.
Furthermore, expansion of commercial, residential, and industrial sectors because of rapid economic growth expected to enhance the construction activities that in turn drive the demand for technical textiles over the upcoming years. In addition, flourishing growth in the tourism industry has impelled the growth of resorts, restaurants, and food chains that again fuel the demand for technical textile in the coming years.
On the other hand, Europe examined to register an exponential growth during the analysis period owing to the increasing demand for technical textiles in fashion &clothing and household applications. Additionally, significant growth in medical tourism, healthcare activities, along with growing aging population in the region anticipated to propel the market growth for technical textile in the region.
Key Companies & Market Share Insights
The global technical textile market is significantly diverse and competitive owing to the key participants are prominently engaged to enhance their product offering as in introducing advanced products to gain market competitiveness. These players further invest notable in the research & development activity for the development of new and advanced products.
Report Highlights | Details |
Market Size | USD 661.4 Billion by 2032 |
Growth Rate | CAGR of 12.97% From 2023 to 2032 |
Base Year | 2022 |
Forecast Period | 2023 to 2032 |
Segments Covered | Manufacturing, End-use |
Regional Scope | North America, APAC, Europe, Latin America, MEAN, Rest of the World |
Companies Mentioned | B&V Agro Irrigation Co., LudvigSvensson, Diatex, Asahi Kasei Advance Corporation, Mitsui Chemicals, Inc., Gromax Industries, Huntsman International LLC, Arrigoni S.p.A., Tessitura Boscato S.R.L. |
Segments Covered in the Report
This research study comprises complete assessment of the market by means of far-reaching qualitative and quantitative perceptions, and predictions regarding the market. This report delivers classification of marketplace into impending and niche sectors. Further, this research study calculates market size and its development drift at global, regional, and country from 2020 to 2032. This report contains market breakdown and its revenue estimation by classifying it on the basis of manufacturing, end-use, and region:
By Manufacturing
By End-use
By Regional Outlook
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions& Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Technical Textile Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
4.4. Regulatory Framework
Chapter 5. COVID 19 Impact on Technical Textile Market
5.1. Covid-19: Technical Textile Industry Impact
5.2. Technical Textile Business Impact Assessment: Covid-19
5.2.1. Supply Chain Challenges/Disruption
5.2.2. Market Trends and Technical Textile Opportunities in the COVID-19 Landscape
5.3. Strategic Measures against Covid-19
5.3.1. Government Support and Initiative to Combat Covid-19
5.3.2. Proposal for Technical Textile Manufacturers to deal with Covid-19 Pandemic Scenario
Chapter 6. Technical Textile Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.1.1. Expansion of Construction Sector
6.1.1.2. Increased Spending in Healthcare Industry
6.1.1.3. Rising Demand from Automotive Industry
6.1.2. Market Restraints
6.1.2.1. High Cost of Production
6.1.3. Market Opportunities
6.1.3.1. Increasing Spending on Defense & Aerospace
6.1.3.2. Increasing Spending on Infrastructure
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Global Technical Textile Market: Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.1.1. Technical Textile Market Revenue by Manufacturer (2015-2020)
7.1.1.2. Technical Textile Market Revenue Market Share by Manufacturer (2015-2020)
7.1.1.3. Technical Textile Market Production by Manufacturer (2015-2020)
7.1.1.4. Technical Textile Market Production Share by Manufacturer (2015-2020)
7.1.2. Key Organic/Inorganic Strategies Adopted by Players
7.1.2.1. Product Portfolio Expansion, Capacity Expansion, Product Innovation
7.1.2.2. Merger and Acquisition, Collaboration and Partnerships
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Technical Textile Market, By Manufacturing
8.1. Technical Textile Market, by Manufacturing, 2023-2032
8.1.1. 3D Weaving
8.1.1.1. Market Revenue and Forecast (2021-2032)
8.1.1.2. Market Production and Forecast (2021-2032)
8.1.2. Thermo-forming
8.1.2.1. Market Revenue and Forecast (2021-2032)
8.1.2.2. Market Production and Forecast (2021-2032)
8.1.3. 3D Knitting
8.1.3.1. Market Revenue and Forecast (2021-2032)
8.1.3.2. Market Production and Forecast (2021-2032)
8.1.4. Heat-set Synthetics
8.1.4.1. Market Revenue and Forecast (2021-2032)
8.1.4.2. Market Production and Forecast (2021-2032)
8.1.5. Nanotechnology
8.1.5.1. Market Revenue and Forecast (2021-2032)
8.1.5.2. Market Production and Forecast (2021-2032)
8.1.6. Hand-made Elements
8.1.6.1. Market Revenue and Forecast (2021-2032)
8.1.6.2. Market Production and Forecast (2021-2032)
8.1.7. Finishing Treatments
8.1.7.1. Market Revenue and Forecast (2021-2032)
8.1.7.2. Market Production and Forecast (2021-2032)
8.1.8. Others
8.1.8.1. Market Revenue and Forecast (2021-2032)
8.1.8.2. Market Production and Forecast (2021-2032)
Chapter 9. Global Technical Textile Market, By End-use
9.1. Technical Textile Market, by End-use, 2023-2032
9.1.1. Buildtech Textile
9.1.1.1. Market Revenue and Forecast (2021-2032)
9.1.1.2. Market Consumption and Forecast (2021-2032)
9.1.2. Agro Textile
9.1.2.1. Market Revenue and Forecast (2021-2032)
9.1.2.2. Market Consumption and Forecast (2021-2032)
9.1.3. Indutech Textile
9.1.3.1. Market Revenue and Forecast (2021-2032)
9.1.3.2. Market Consumption and Forecast (2021-2032)
9.1.4. Medtech Textile
9.1.4.1. Market Revenue and Forecast (2021-2032)
9.1.4.2. Market Consumption and Forecast (2021-2032)
9.1.5. Hometech Textile
9.1.5.1. Market Revenue and Forecast (2021-2032)
9.1.5.2. Market Consumption and Forecast (2021-2032)
9.1.6. PacktechTextile
9.1.6.1. Market Revenue and Forecast (2021-2032)
9.1.6.2. Market Consumption and Forecast (2021-2032)
9.1.7. Transtech Textile
9.1.7.1. Market Revenue and Forecast (2021-2032)
9.1.7.2. Market Consumption and Forecast (2021-2032)
9.1.8. Protech Textile
9.1.8.1. Market Revenue and Forecast (2021-2032)
9.1.8.2. Market Consumption and Forecast (2021-2032)
9.1.9. ClothtechTextile
9.1.9.1. Market Revenue and Forecast (2021-2032)
9.1.9.2. Market Consumption and Forecast (2021-2032)
9.1.10. Sportech Textile
9.1.10.1. Market Revenue and Forecast (2021-2032)
9.1.10.2. Market Consumption and Forecast (2021-2032)
9.1.11. Others
9.1.11.1. Market Revenue and Forecast (2021-2032)
9.1.11.2. Market Consumption and Forecast (2021-2032)
Chapter 10. Global Technical Textile Market, Regional Estimates and Trend Forecast
10.1. North America
10.1.1. Market Revenue and Production Forecast by Product (2021-2032)
10.1.2. Market Revenue and Consumption Forecast by Application (2021-2032)
10.1.3. U.S
10.1.3.1. Market Revenue and Production Forecast (2021-2032)
10.1.3.2. Market Revenue and Consumption Forecast (2021-2032)
10.1.4. Canada
10.1.4.1. Market Revenue and Production Forecast (2021-2032)
10.1.4.2. Market Revenue and Consumption Forecast (2021-2032)
10.2. Europe
10.2.1. Market Revenue and Production Forecast by Product (2021-2032)
10.2.2. Market Revenue and Consumption Forecast by Application (2021-2032)
10.2.3. UK
10.2.3.1. Market Revenue and Production Forecast (2021-2032)
10.2.3.2. Market Revenue and Consumption Forecast (2021-2032)
10.2.4. Germany
10.2.4.1. Market Revenue and Production Forecast (2021-2032)
10.2.4.2. Market Revenue and Consumption Forecast (2021-2032)
10.2.5. France
10.2.5.1. Market Revenue and Production Forecast (2021-2032)
10.2.5.2. Market Revenue and Consumption Forecast (2021-2032)
10.2.6. Rest of EU
10.2.6.1. Market Revenue and Production Forecast (2021-2032)
10.2.6.2. Market Revenue and Consumption Forecast (2021-2032)
10.3. Asia Pacific (APAC)
10.3.1. Market Revenue and Production Forecast by Product (2021-2032)
10.3.2. Market Revenue and Consumption Forecast by Application (2021-2032)
10.3.3. China
10.3.3.1. Market Revenue and Production Forecast (2021-2032)
10.3.3.2. Market Revenue and Consumption Forecast (2021-2032)
10.3.4. India
10.3.4.1. Market Revenue and Production Forecast (2021-2032)
10.3.4.2. Market Revenue and Consumption Forecast (2021-2032)
10.3.5. Japan
10.3.5.1. Market Revenue and Production Forecast (2021-2032)
10.3.5.2. Market Revenue and Consumption Forecast (2021-2032)
10.3.6. Rest of APAC
10.3.6.1. Market Revenue and Production Forecast (2021-2032)
10.3.6.2. Market Revenue and Consumption Forecast (2021-2032)
10.4. LATAM
10.4.1. Market Revenue and Production Forecast by Product (2021-2032)
10.4.2. Market Revenue and Consumption Forecast by Application (2021-2032)
10.4.3. Brazil
10.4.3.1. Market Revenue and Production Forecast (2021-2032)
10.4.3.2. Market Revenue and Consumption Forecast (2021-2032)
10.4.4. Rest of LATAM
10.4.4.1. Market Revenue and Production Forecast (2021-2032)
10.4.4.2. Market Revenue and Consumption Forecast (2021-2032)
10.5. Middle East and Africa (MEA)
10.5.1. Market Revenue and Production Forecast by Product (2021-2032)
10.5.2. Market Revenue and Consumption Forecast by Application (2021-2032)
10.5.3. GCC
10.5.3.1. Market Revenue and Production Forecast (2021-2032)
10.5.3.2. Market Revenue and Consumption Forecast (2021-2032)
10.5.4. North Africa
10.5.4.1. Market Revenue and Production Forecast (2021-2032)
10.5.4.2. Market Revenue and Consumption Forecast (2021-2032)
10.5.5. South Africa
10.5.5.1. Market Revenue and Production Forecast (2021-2032)
10.5.5.2. Market Revenue and Consumption Forecast (2021-2032)
10.5.6. Rest of MEA
10.5.6.1. Market Revenue and Production Forecast (2021-2032)
10.5.6.2. Market Revenue and Consumption Forecast (2021-2032)
Chapter 11. Company Profiles
11.1. B&V Agro Irrigation Co.
11.1.1. Company Overview, Business Information, Manufacturing Area
11.1.2. Product Portfolio Analysis
11.1.2.1. Product Details, Specification, Application
11.1.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
11.1.4. Recent Developments and Strategies
11.2. LudvigSvensson
11.2.1. Company Overview, Business Information, Manufacturing Area
11.2.2. Product Portfolio Analysis
11.2.2.1. Product Details, Specification, Application
11.2.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
11.2.4. Recent Developments and Strategies
11.3. Diatex
11.3.1. Company Overview, Business Information, Manufacturing Area
11.3.2. Product Portfolio Analysis
11.3.2.1. Product Details, Specification, Application
11.3.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
11.3.4. Recent Developments and Strategies
11.4. Asahi Kasei Advance Corporation
11.4.1. Company Overview, Business Information, Manufacturing Area
11.4.2. Product Portfolio Analysis
11.4.2.1. Product Details, Specification, Application
11.4.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
11.4.4. Recent Developments and Strategies
11.5. Mitsui Chemicals, Inc.
11.5.1. Company Overview, Business Information, Manufacturing Area
11.5.2. Product Portfolio Analysis
11.5.2.1. Product Details, Specification, Application
11.5.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
11.5.4. Recent Developments and Strategies
11.6. Gromax Industries
11.6.1. Company Overview, Business Information, Manufacturing Area
11.6.2. Product Portfolio Analysis
11.6.2.1. Product Details, Specification, Application
11.6.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
11.6.4. Recent Developments and Strategies
11.7. Huntsman International LLC
11.7.1. Company Overview, Business Information, Manufacturing Area
11.7.2. Product Portfolio Analysis
11.7.2.1. Product Details, Specification, Application
11.7.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
11.7.4. Recent Developments and Strategies
11.8. Arrigoni S.p.A.
11.8.1. Company Overview, Business Information, Manufacturing Area
11.8.2. Product Portfolio Analysis
11.8.2.1. Product Details, Specification, Application
11.8.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
11.8.4. Recent Developments and Strategies
11.9. Tessitura Boscato S.R.L.
11.9.1. Company Overview, Business Information, Manufacturing Area
11.9.2. Product Portfolio Analysis
11.9.2.1. Product Details, Specification, Application
11.9.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
11.9.4. Recent Developments and Strategies
11.10. Hucktek - Huck Nets (UK) Ltd.
11.10.1. Company Overview, Business Information, Manufacturing Area
11.10.2. Product Portfolio Analysis
11.10.2.1. Product Details, Specification, Application
11.10.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
11.10.4. Recent Developments and Strategies
Chapter 12. Appendix
12.1. About Us
12.2. Glossary of Terms
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