Technical Textiles Market: Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021
Materials used for the technical task or to perform various vigorous tasks excluding the applications of regular clothing and aesthetics properties are termed as technical textiles. These textiles are majorly applicable for protective purposes in order to prevent any human loss or injury due to hazardous manufacturing procedures. The materials have high strength ability, superior insulation, fire retardant, high resistance to liquid solutions, abrasion, reduced energy cost, and better technical properties based on the type of application. Technical textiles include various forms of steps including polymers suiting technical fibers, coating, and fabrications process, which converts it into finished goods.
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The global technical textiles market is segmented based on the technology used to produce various technical textiles as 3D weaving, thermoforming, 3D knitting, finishing treatments, and others. On the basis of the end-user, the global market is further segmented as protech, hometech, sportech, mobiltech, clothtech, meditech, and others. Of which, the mobiltech segment is dominating the global technical textile market on a large scale.
Wide use of technical textiles for waste management and ecological safety is the major factor responsible for augmenting the growth of the global technical textile market. Large application of technical textiles in terms of geosynthetics material which are utilized majorly for civil works such as drainage, erosion control, separation, embankments may fuel the demand for the technical textiles market in the near future. Moreover, growing infrastructure projects that demand for highly efficient textiles for the purpose of various complicated tasks are driving the growth of the global technical textile market. Large amount of technical textile utilization in aviation, spacecraft, railways, automobile, and shipping industries such as airbags, headliners, aircraft upholstery, seat fabrics and upholstery, insulation felts and others play a key role in ramping up the market demand. Consistent increase in commercial hubs and offices is also driving the growth of the global market.
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In addition, increasing craze for adventurous sports such as hiking, trekking, paragliding, cycling which places the requirement for the reliable equipment related to the specific sport such as swimwear, parachute fabrics, sleeping bags, tents, and others is also one of the major driving factors of the technical textile market. However, high production cost and unstable rate of the raw materials are the factors restraining the growth of the technical textile market.
Asia Pacific dominates the technical textiles market globally and is anticipated to continue this trend in the near future. Europe and North America are expected to show a steady but slow growth in the global market.
The key players in the global technical textile market are DuPont, Beaulieu Technical Textiles, Ahlstrom, Techtex, Freudenberg, Honeywell, Johns Manville, 3M, Kimberly-Clark, TWE-Group, Alexium International, JM-Textile, Huntsman, Asahi Kasei Fibers, Protan, Milliken, Invista, Arville, Polymer Group, A&E, Borgers, Don and Low, P&G, IBENA, DELFINGEN, Dow Corning, Lenzing, Tech-Tex, and Schoeller-Textiles.
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Technical Textile Market: Regional Segment Analysis
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
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