Technical Textiles Market To Reach $284 Billion By 2029
| Report Metric |
Details |
| Base year considered |
2023 |
| Forecast period considered |
2024-2029 |
| Base year market size |
$202.5 billion |
| Market size forecast |
$284.0 billion |
| Growth rate |
CAGR of 5.8% for the forecast period of 2024-2029 |
| Segments covered |
Form of Material, Manufacturing Process, Type of Material, End Use, |
| Regions covered |
North America, Europe, Asia-Pacific, South America, Middle East and Africa |
| Countries covered |
U.S., Canada, Mexico, Germany, France, U.K., China, India, Japan, Brazil, Argentina |
| Market drivers
|
|
Interesting Facts:
Space Exploration: Technical textiles play a crucial role in space exploration, with astronaut spacesuits designed from advanced materials that provide flexibility, radiation shielding, and insulation.
Smart Textiles: The field of smart technical textiles is rapidly growing, with fabrics that can monitor vital signs, regulate body temperature, and even capture movement energy.
Environmental Protection: Technical textiles contribute to sustainability, with agricultural textiles helping to conserve water and increase crop yields and geotextiles stabilizing soil in civil engineering projects.
Market leaders include:
-
AHLSTROM
ASAHI KASEI CORP.
BERRY GLOBAL INC.
DUPONT
DUVALTEX
FREUDENBERG GROUP
HUNTSMAN INTERNATIONAL LLC
MILLIKEN & CO.
MITSUI CHEMICALS INC.
SKAPS INDUSTRIES
SRF LTD.
SOLMAX
TORAY INDUSTRIES INC.
TOYOBO CO. LTD.
W. BALL & SON LTD.
Related reports:
Global Textile Recycling Market : This report covers the materials used (such as polyester and cotton), recycling processes (chemical and mechanical), types of textile waste (post and pre-consumer), and distribution channels (online and offline). It also explores end-use industries (apparel, home furnishing, industrial) and regional markets (North America, Europe, APAC and RoW). Revenue estimates are based on manufacturers' total revenues, in constant U.S. dollars.
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