"Growing Demand in Infrastructure, Healthcare, and Automotive Sectors Fuels Expansion in the Global Technical Textiles Market, Creating New Opportunities for Manufacturers"
BOSTON, March 13, 2025 /PRNewswire/ -- According to the latest study from BCC Research, "Technical Textiles: Global Markets," is expected to grow from $213.8 billion in 2024 to $284.0 billion by the end of 2029, at a compound annual growth rate (CAGR) of 5.8% during the forecast period of 2024 to 2029.
Technical textiles, also known as technical fibers, are engineered to provide specific characteristics such as high strength, chemical resistance, thermal insulation, and moisture management. Their unique properties enhance product efficacy, durability, and quality. Made from synthetic polymers, natural fibers, mineral fibers, metal fibers, and regenerated fibers, they are used in applications like aircraft structures, smart fabrics, synthetic turf, seat belts, firefighting gear, and airbags.
The report on the global market for technical textiles analyzes materials by form (woven, nonwoven, knitted, etc.), type (synthetic polymers, natural and mineral fibers, metal fibers, etc.), and manufacturing processes (3D weaving, knitting, thermo-forming). Key end-use sectors include mobiltech, indutech, packtech, sportech, hometech, clothtech, buildtech, meditech, protech, agrotech, oekotech, and geotech. Regional markets covered are North America, Europe, Asia-Pacific, South America, and the Middle East and Africa, with revenue projections in constant U.S. dollars based on manufacturers' total revenues.
The factors driving the global market for technical textiles include:
Innovation and Technological Advances: Continuous R&D in technical textiles has led to innovations such as smart textiles and nanotechnology, enhancing fabric strength, durability, and functionality.
Rising Demand for Technical Textiles from Meditech: The medical sector's growing use of technical textiles for items like surgical gowns and personal protective equipment (PPE), which came to the forefront during the COVID-19 pandemic, drives market growth.
Strategic Partnerships and Collaborations: Companies are forming partnerships to share technology and improve supply chains, ensuring a steady supply of raw materials and better distribution networks to meet demand.
Request a sample copy of the global market for technical textiles report.
Report Synopsis
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.
Purchase a copy of the report direct from BCC Research.
For further information or to make a purchase, please contact info@bccresearch.com.
About BCC Research
BCC Research market research reports provide objective, unbiased measurement and assessment of market opportunities. Our experienced industry analysts' goal is to help you make informed business decisions, free of noise and hype.
Contact Us
Corporate HQ: 50 Milk St., Ste. 16, Boston, MA 02109, USA
Email: info@bccresearch.com
Phone: +1 781-489-7301
For media inquiries, email press@bccresearch.com or visit our media page for access to our market research library.
Any data and analysis extracted from this press release must be accompanied by a statement identifying BCC Research LLC as the source and publisher.
Logo - https://mma.prnewswire.com/media/2183242/5215643/BCC_Research_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/technical-textiles-market-to-reach-284-billion-by-2029-302401412.html
