Rapid Expansion of Global Technical Textile Market Driven by Industry Investments and Geopolitical Factors

DUBLIN, Sept. 4, 2023 /PRNewswire/ -- The "Technical Textiles Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030" report has been added to ResearchAndMarkets.com's offering.

The global technical textile market is currently witnessing remarkable growth, driven by its wide-ranging applications across various industries.

An upcoming research report by the analyst indicates that the market is poised for expansion as investments surge in sectors such as healthcare, military, and agriculture. Technical textiles, renowned for their use in construction, aerospace, automotive, healthcare, and defense, are expected to see increased demand due to rising investments in protective gear and advanced Personal Protective Equipment (PPE) kits, particularly in response to geopolitical tensions and the COVID-19 pandemic.

Agro Textiles: Empowering Agrarian Economies

The adoption of agro textiles, encompassing nonwovens, wovens, and knitted fabrics, is anticipated to drive the growth of the global technical textile market, especially in agrarian economies like India and China. These textiles offer attributes such as resistance to solar and ultraviolet radiation, water retention capabilities, crop protection, and windshields, making them indispensable for modern agriculture. In the face of food security challenges and increasing demand, the sales of agro textiles are projected to witness substantial growth in the foreseeable future.

Technical Textiles in Sports: Unveiling Novel Avenues

The sports segment within the global market presents significant opportunities for technical textiles. The growing participation in sporting activities worldwide has created a demand for technical textiles. These textiles enable the creation of advanced sportswear that enhances understanding of a player's posture, balance, and stance. Functional fabrics embedded with sensors like plastic optical fiber (POF) provide real-time physiological data about the wearer. Technical textiles, prized for their water-resistant properties and lightweight structure, are well-suited for various sports including hiking, mountaineering, cycling, skiing, cricket, tennis, and more.

Asia Pacific: A Promising Landscape for Technical Textiles

Asia Pacific is demonstrating a strong interest in technical textiles due to robust industrial growth across sectors. Countries such as India, China, and Japan are witnessing rapid economic development, contributing significantly to the technical textiles market. The escalating demand for functional clothing in areas like sports and healthcare is expected to drive the adoption of technical textiles. Furthermore, increased defense spending on advanced ballistic vests and protective attire is fueling demand. Agro-tech textiles for improved yields and geotech textiles are also anticipated to play a pivotal role in the region's technical textile market.

Key Players Shaping the Global Technical Textile Market

The global technical textiles market is led by prominent players such as Asahi Kasei Corp., DuPont, Berry Global Group Inc., Freudenberg Group, Elevate Textiles Inc., Kimberly-Clark, Koninklijke Ten Cate B.V., Huntsman International LLC, Low & Bonar, Milliken & Co., Toyobo Co. Ltd., and Mitsui Chemicals Inc. These industry leaders are expected to prioritize mergers and acquisitions to expand their market share and cater to the growing demand for technical textiles.

Key Topics Covered:

1. Executive Summary

2. Market Overview
2.1. Market Definitions and Segmentations
2.2. Market Dynamics
2.2.1. Drivers
2.2.2. Restraints
2.2.3. Market Opportunities Matrix
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. Covid-19 Impact Analysis
2.5.1. Supply
2.5.2. Demand
2.6. Government Regulations
2.7. Technology Landscape
2.8. Raw Material Analysis
2.9. Upcoming Projects
2.10. Economic Analysis

3. Production Output and Trade Statistics, 2018 - 2022
3.1. Technical Textiles Supply-Demand Analysis
3.2. Regional Production Statistics
3.2.1. North America
3.2.2. Europe
3.2.3. Asia Pacific
3.2.3.1. China
3.2.3.2. India
3.2.4. Latin America
3.2.5. Middle East & Africa

4. Price Trends Analysis and Future Projects, 2018 - 2030
4.1. Key Highlights
4.2. Prominent Factors Affecting Prices
4.3. By Materials and By End-users
4.4. By Region

5. Global Technical Textiles Market Outlook, 2018 - 2030
5.1. Global Technical Textiles Market Outlook, by Materials, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
5.1.1. Key Highlights
5.1.1.1. Synthetic Fibers
5.1.1.2. Natural Fibers
5.1.1.3. Regenerated Fibers
5.1.1.4. Metals
5.1.1.5. Misc. (Including Minerals, etc.)
5.1.2. BPS Analysis/Market Attractiveness Analysis
5.2. Global Technical Textiles Market Outlook, by Process, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
5.2.1. Key Highlights
5.2.1.1. Knitted
5.2.1.2. Woven
5.2.1.3. Non-woven
5.2.2. BPS Analysis/Market Attractiveness Analysis
5.3. Global Technical Textiles Market Outlook, by End-users, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030
5.4. Global Technical Textiles Market Outlook, by Region, Volume (Kilo Tons) and Value (US$ Mn), 2018 - 2030

6. North America Technical Textiles Market Outlook, 2018 - 2030

7. Europe Technical Textiles Market Outlook, 2018 - 2030

8. Asia Pacific Technical Textiles Market Outlook, 2018 - 2030

9. Latin America Technical Textiles Market Outlook, 2018 - 2030

10. Middle East & Africa Technical Textiles Market Outlook, 2018 - 2030

11. Competitive Landscape

12. Appendix

For more information about this report visit https://www.researchandmarkets.com/r/qp79k7

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