Technical Textiles Market - Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026

Technical Textiles Market report categorizes the global market by technology, and end user - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017-2025

Technical textiles are textiles produced primarily for their technical performance and functional properties rather than for aesthetics or decorative functionalities. Thus, function and performance are important characteristics of technical textiles. Properties such as high strength, versatility, and superior technical performance make them desirable in numerous industrial, commercial as well as domestic applications.

Technical textiles find applications ranging from simpler uses in agriculture, clothing, packaging, and furnishing to more complicated applications in automotive, filtration, construction, and environmental protection. The high raw material costs associated with technical textiles is expected to remain a major challenge for market participants. The environmental effects of technical textiles is another major drawback associated with them. However, novel technologies enable the manufacturers to develop textiles, which pose less effects on the environment.

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Market Outlook

Asia Pacific dominates the global technical textile market due to the multifarious uses of technical textiles in various industries. Promising government programs and strategies boosting the infrastructure and construction spending, production, and healthcare industries are projected to play a key role in shaping the market. Countries such as India and China are dependent on agriculture for the growth of the economy, which is further expected to augment the use of technical textiles in this region. The growing construction and housing activities in emerging economies such as India and China have fueled the growth of hometech textiles for household application

North America is a leading player in the technical textile market. The booming automotive sector due to the presence of leading players has augmented the use of technical textiles in this region. The emergence of North America as a leading global food exporter has resulted in an increasing use of agrotech products in this region. The deteriorating economic conditions in the European countries hinder the growth of technical textiles market in this region

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In Latin America, technical textile market is witnessing growth due to the robust development of industries such as construction, especially in countries including Brazil and Argentina. This is expected to augment the growth of the technical textile market in this regions. Also, dependency of Latin American countries on agriculture would enhance demand growth of technical textiles in the forecast period. Use of geotech and hometech for development of roads and houses is expected to increase the production of technical textiles

Recent developments include the initiative by the Hohenstein group, which has set up a new center for Textile Public Health in order to develop the meditech textiles as part of its group of companies at Boennigheim in 2017.  The major players of the textiles industry are E. I. duPont de Nemours and Co., Asahi Kasei Corporation, Kimberly Clarke Corporation, Hohenstein group, Mitsui Chemicals, Inc., and Freudenberg & Co. KG.

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