Technical Textile Market Size, Share, Report, Analysis, Trends & Forecast to 2022

According to Stratistics MRC, the Global Technical Textiles Market is expected to grow from $28.99 billion in 2016 to reach $42.3 billion by 2022 with a CAGR of 6.4%.

Some of the factors influencing the growth of the market are raising demand from new applications areas, varying consumer preferences, attractive physical properties of technical textiles. In addition, insufficiency of raw materials, huge investments in finished products that are affecting pricing structure are hindering the market growth.

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Based on the Application segment, mobiltech leads the market globally as it has acquired huge demand in automotive industry. On the other hand in Product segment, woven technical textiles segment is leading the market globally as woven textile fabrics are easily available in technical textile industry. Asia Pacific is dominating the technical textiles market due to new technological advancements, increasing awareness among technical textiles, and rise in disposable income.

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Some of the the key players in Technical Textiles Market are Asahi Kasei Corporation, Freudenberg & Co. Kg., Tencate NV, BASF SE, Cabot Corporation, E.I. Du Pont De Nemours and Company, Kimberly-Clarke Corporation, Toyobo Co., Ltd., Low & Bonar PLC, SRF Limited, DIC Corporation, Huntsman Corporation, Lanxess AG, Avintiv Inc. (Formerly Polymer Group Inc.), Mitsui Chemicals, Inc.

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Technologies Covered:
• Heat-set Synthetics
• 3D Weaving
• 3D Knitting
• Finishing Treatments
• Nanofibers
• Thermo-forming
• Hand-made elements
• Other Technologies

Applications Covered:
• Technical Textiles
o Sportech
o Clothtech
o Agrotech
o Mobiltech
o Buildtech
o Hometech
o Protech
o Geotech
o Oekotech
o Indutech
o Meditech

Fiber Types Covered:
• Specialty Fibers
• Synthetic Fibers
• Natural Fibers

Pigments Covered:
• Inorganic Pigments
• Organic Pigments

Product Types Covered:
• Technical Textiles
o Nonwoven technical textiles
o Woven technical textiles
• Unspun Fiber Products
• Fabric Products
• Composites
• Yarn-Type Products

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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Release ID: 197955