Global Technical Textile Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Material (Non-Woven, Woven), By Application (Agrotech, Buildtech, Clothtech, Packtech, Hometech, Indutech, Medtech, Mobiltech, Others), And By Geography - Forecasts From 2019 To 2024
- Published : Apr 2021
- Report Code : KSI061612268
- Pages : 100
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The global technical textile market is projected to grow at a CAGR of 5.16% to reach US$244.172 billion by 2024, from US$180.579 billion in 2018. Technical textiles are functional fabrics that are being utilized by a number of industries such as automobiles, civil engineering and construction, agriculture, healthcare, and personal protection among others. The growing use of these fabrics among different end-users is driving the market growth. With geotextiles gaining popularity in the building and construction sector, the demand for technical fabrics is poised to grow in the upcoming years. Also, the burgeoning trend of making vehicles lightweight is set to boost the demand for non-woven technical textiles, thus accelerating market growth. Thus, the market for these textiles is poised to grow at a substantial rate on account of its increased usage in industries such as healthcare, automotive and agriculture sectors. Geographically, Asia Pacific is expected to hold a significant share in the market on account of rapid urbanization and industrialization in the region and this coupled with a good growth of the automotive sector is expected to bolster the market growth in the upcoming years.
DRIVERS
Burgeoning demand for these textiles from various end-user industry
Investments in building and construction
Increased focus on worker’s safety
RESTRAINTS
Availability of substitutes
INDUSTRY UPDATE
In May 2017, Sieon Industries acquired technical textile manufacturer James Dewhurst Group.
The major players profiled in the global technical textile market include Asahi Kasei Advance Corporation, DowDuPont, Mitsui Chemicals, Inc., ITG Company, TenCate Geosynthetics, TORAY INDUSTRIES, INC., Habasit, Low and Bonar, 3M, and Ahlstrom-Munkjö.
Global Technical Textile Market Scope:
| Report Metric | Details |
| Market size value in 2018 | US$180.579 billion |
| Market size value in 2024 | US$244.172 billion |
| Growth Rate | CAGR of 5.16% from 2018 to 2024 |
| Base year | 2018 |
| Forecast period | 2019–2024 |
| Forecast Unit (Value) | USD Billion |
| Segments Covered | Material, Application, And Geography |
| Regions covered | North America, South America, Europe, Middle East and Africa, Asia Pacific |
| Companies covered | Asahi Kasei Advance Corporation, DowDuPont, Mitsui Chemicals, Inc., ITG Company, TenCate Geosynthetics, TORAY INDUSTRIES, INC., Habasit, Low and Bonar, 3M, Ahlstrom-Munkjö |
| Customization scope | Free report customization with purchase |
Segmentation
The global technical textile market has been analyzed through the following segments:
By Material
Non-Woven
Woven
By Application
Agrotech
Buildtech
Clothtech
Packtech
Hometech
Indutech
Medtech
Mobiltech
Others
By Geography
North America
USA
Canada
Mexico
South America
Brazil
Argentina
Others
Europe
Germany
France
United Kingdom
Others
Middle East and Africa
Saudi Arabia
Israel
Others
Asia Pacific
China
Japan
India
Others
Frequently Asked Questions (FAQs)
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Force Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. GLOBAL TECHNICAL TEXTILE MARKET BY MATERIAL
5.1. Non-Woven
5.2. Woven
6. GLOBAL TECHNICAL TEXTILE MARKET BY APPLICATION
6.1. Agrotech
6.2. Buildtech
6.3. Clothtech
6.4. Packtech
6.5. Hometech
6.6. Indutech
6.7. Medtech
6.8. Mobiltech
6.9. Others
7. GLOBAL TECHNICAL TEXTILE MARKET BY GEOGRAPHY
7.1. North America
7.1.1. USA
7.1.2. Canada
7.1.3. Mexico
7.2. South America
7.2.1. Brazil
7.2.2. Argentina
7.2.3. Others
7.3. Europe
7.3.1. Germany
7.3.2. France
7.3.3. United Kingdom
7.3.4. Others
7.4. Middle East and Africa
7.4.1. Saudi Arabia
7.4.2. Israel
7.4.3. Others
7.5. Asia Pacific
7.5.1. China
7.5.2. Japan
7.5.3. India
7.5.4. Others
8. COMPETITIVE INTELLIGENCE
8.1. Company Benchmarking and Analysis
8.2. Recent Investment and Deals
8.3. Strategies of Key Players
9. COMPANY PROFILES
9.1. Asahi Kasei Advance Corporation
9.2. DowDuPont
9.3. Mitsui Chemicals, Inc.
9.4. ITG Company
9.5. TenCate Geosynthetics
9.6. TORAY INDUSTRIES, INC.
9.7. Habasit
9.8. Low and Bonar
9.9. 3M
9.10. Ahlstrom-Munkjö
LIST OF FIGURES
LIST OF TABLES
Asahi Kasei Advance Corporation
DowDuPont
Mitsui Chemicals, Inc.
ITG Company
TenCate Geosynthetics
TORAY INDUSTRIES, INC.
Habasit
Low and Bonar
3M
Ahlstrom-Munkjö
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