Press release
Technical Textile Market expected to grow at a CAGR of 6.45 percent reaching USD 338.49 Bn during forecasted period of 2022-2029.
Pune 23 March 2023: The market intelligence report on the Technical Textile Market was recently published by the business consulting firm Maximize Market Research. The Technical Textile Market is expected to grow from the value of USD 205.3 Bn in 2021 and reach USD 338.49 Bn by 2029 at a CAGR of 6.45 percent during the forecast period of 2022-2029.Technical Textile Market Scope and Research Methodology
The Technical Textile Market report provides the current short term and long term potential impacts on the market. The report provides the vital market drivers with competitive landscapes within the Technical Textile Market. The report provides the in-depth analysis of the market share, market dynamics and market structure. The report includes analysis of the data collected from primary and secondary sources such as telephonic interviews and surveys, key player's annual reports and financial reports, free and paid databases. The qualitative data and quantitative data are analyzed by the research teams for the key findings of the market and use of the tools such as SWOT, PESTLE and PORTER's five forces analysis is undertaken for analysis. The data collected is further displayed scientifically in the form of graphs, pie charts and tables for the user to understand the Technical Textile Market thoroughly.
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Technical Textile Market Dynamics
The rising adoption of the technical textiles for manufacturing equipment and products for customer protections such as air bags, collapsible and fuel tanks are driving the Technical Textile Market's growth. Technical textiles are also used in the production of the agricultural nets and shade cloths due to its high temperature and weather resistance quality which is expected to boost the Technical Textile Market's growth. The growth in the automotive sales and demand for mobiltech textiles also gives a boost to exhibit significant growth. The high expense rate for Technical textiles as compared to the conventional textiles is expected to restrain the Technical Textile Market growth.
Technical Textile Market Regional Insights
The Asia-Pacific region is expected to grow significantly during the forecast period in the Technical Textile Market. The increasing demand for apparel and functional, industrial and protective clothing is driving the Technical Textile Market in the Asia Pacific region. European region is also expected to witness substantial growth led by the fashion clothing and household applications which results in growth of the Technical Textile Market.
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Technical Textile Market Segmentation
By Process
Natural fiber
Synthetic polymer
Regenerated fiber
Mineral
Metal
Specialty fiber
By Type
Woven
Knitted
Non-woven
Others
By Material
Uniform
Composite
By Technology
Thermo-forming
Three dimensional weaving
Three dimensional knitting
Fabrics produced using nanotechnology
Heat-set synthetics
Finishing treatments
Hand-made elements
Others
By Application
Mobiltech
Indutech
Meditech
Protech
Packtech
Agritech
Hometech
Clothtech
Buildtech
Sportech
Oekotech
Geotech
Technical Textile Market Key Players Includes
3M
Berry Global Group
Borgers SE & Co. KGaA
Agru America, Inc.
Belton Industries, Inc.
Ahlstrom-MunksjOyj
American &Efird LLC
Asahi Kasei Corporation
Delfingen Industry S.A
DowDuPont
DSM Dyneema BV
Huesker Synthetic GmbH
Johns Manville
Kimberly-Clark Worldwide, Inc.
Fibertex Nonwovens A/S
Freudenberg SE
Global Synthetics Pty. Ltd.
GSE Environmental, Inc.
Hanes Geo Components
Hindoostan Composite Solutions
Lenzing Plastics GmbH & Co KG
Low & Bonar PLC
Officine Maccaferri S.p.A.
Propex Operating Company LLC
Royal Ten Cate
Milliken & Company
NAUE Geosynthetics Limited
SGL Group
The Carbon Company
SKAPS Industries
SRF Limited
Teijin Limited
Thrace Group
TWE Group GmbH
Strata Systems, Inc.
Techfab India
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Table of Content for Global Technical Textile Market:
Global Technical Textile Market: Research Methodology
Global Technical Textile Market: Executive Summary
Market Overview and Definitions
o Introduction to Global Market
Summary
o Key Findings
o Recommendations for Investors
o Recommendations for Market Leaders
o Recommendations for New Market Entry
Global Technical Textile Market: Competitive Analysis
MMR Competition Matrix
o Market Structure by region
o Competitive Benchmarking of Key Players
Consolidation in the Market
o M& A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
o North America
o Europe
o Asia Pacific
o Middle East and Africa
o South America
COVID-19 Impact
Global Technical Textile Market Segmentation
Global Market, by Process (2021-2029)
Global Market, by Type (2021-2029)
Global Market, by Materials (2021-2029)
Global Market, by Technology (2021-2029)
Global Market, by Application (2021-2029)
Regional Technical Textile Market (2021-2029)
Regional Market, by Process (2021-2029)
Regional Market, by Type (2021-2029)
Regional Market, by Materials (2021-2029)
Regional Market, by Technology (2021-2029)
Regional Market, by Application (2021-2029)
Regional Market, by Country (2021-2029)
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Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Process, Type, Material, Technology, Application
Competitive Landscape - Profiles of selected key players by region in a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
Maximize Market Research is leading Information Material and Chemical research firm, has also published the following reports:
Carbon Fiber Textile Market: Global Industry Analysis and Forecast (2023-2029) by Product Type, Process Type, End-Use, and Region
https://www.maximizemarketresearch.com/market-report/global-carbon-fiber-textile-market/106004/
Antimicrobial Textile Market - Industry Analysis and Forecast (2022-2029)
https://www.maximizemarketresearch.com/market-report/global-antimicrobial-textile-market/33646/
Agro Textile Market- Forecast and Agro Textile Market: Global Industry Forecast (2022-2029) by Product, Application and Region
https://www.maximizemarketresearch.com/market-report/global-agro-textile-market/33627/
Smart Textile Market: Global Challenges, Market Analysis and Forecast 2029
https://www.maximizemarketresearch.com/market-report/global-smart-textile-market/28970/
Global Textile Felt Market: Industry Analysis and Forecast (2020-2026) - by Raw Material, Application, and Region.
https://www.maximizemarketresearch.com/market-report/global-textile-felt-market/111170/
Textile Flame Retardants Market - Global Industry Analysis and Forecast (2022-2029)
https://www.maximizemarketresearch.com/market-report/global-textile-flame-retardants-market/99362/
Textile Finishing Chemicals Market - Industry Analysis and Forecast (2022-2029) - By Type, Process, and Region.
https://www.maximizemarketresearch.com/market-report/global-textile-finishing-chemicals-market/90605/
Textile Folding Machine Market - Global Industry Analysis and Forecast (2022-2029)
https://www.maximizemarketresearch.com/market-report/global-textile-folding-machine-market/89324/
Contact Maximize Market Research:
3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market- verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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