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Acumen Research
May 18, 2020

Technical Textile Market Size is Expected to Grow US$ 293.5 Bn by 2027

The global Technical Textile Market Size is anticipated to around USD 293.5 Bn by 2027 and the market is anticipated to grow with 6.4% CAGR during the forecast time period.

The report has highlights of global key players present in this market. Top global players are analyzed completely along with their financials, technological innovations, key developments, apart from future strategies, SWOT analysis, acquisitions & mergers, and market footprint.

The market in North America is expected to account for major revenue share in the global market due to easy availability of required infrastructure for R&D activities. In addition, presence of major players operating in the country and high investment for product development is expected to further support the growth of target market in this region.

Asia Pacific is expected to witness faster growth in the coming years due to increasing government business facilities for manufactures. In addition, player approach towards increasing the production capacity is expected to further support the growth of target market in this region.

  • According to the Federation of Indian Chambers of Commerce and Industry in 2014-2015 India exported technical textile products worth US$1.7 bn.

Moreover, inclination towards emerging economies in order to increase the profit ratio is expected to further support the target market growth to a certain extent.

Rapid technological advancements in textile industry, coupled with high investment by manufacturers coupled with focus on development of advanced textile material that has high strength and versatility as compared to regular material is a major factor expected to drive the growth of global market. Rapid industrialization across the globe and demand for technologically advanced textile material with the primary focus on technical performance and functional properties rather than aesthetic and decorative characteristics.

Automotive sector is witnessing rapid advancements in developed and developing countries. With the growing passenger vehicle sale in emerging economies, coupled with growing consumers demand for products with better safety and improved quality is expected to support the growth of the target market. In addition, developing regulatory scenarios related to use of products vehicles is expected to further support the target market growth. Technical textile is widely used in automotive industry for applications such as interior trims, airbags, belt reinforcement, hood liners, filters etc.

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In addition, wide applicability of technical textile from industry verticals such as building and construction, agriculture, packaging, etc. is another factor expected to support the growth of target market. Construction sector is developing at a greater pace, material manufactures are focused on development of technologically advanced material that has improved strength and high modules. Technical textile tends to be a better alternative to the traditional materials such as cement, steel, woods, etc.

However, factor such as high cost of the end product is a expected to hamper the growth of the global technical textile market. The fluctuation in the raw material price increase the end product cost. In addition, low awareness of technical textile among consumers is expected to challenge the growth of the target market. Incidences of low awareness about the product among various end use industries are limiting the growth.

Technological advancements by major players, high investment for R&D activities and introduction of new cost-effective products are expected to create new opportunities for players over the forecast period. In addition, business development activities through strategic merger and acquisitions in order to increase the customer base and enhance the product portfolio are factors expected to further revenue support the target market growth.

  • In 2019, Vitrulan Group acquired fiber optic reinforcement business from Ahlstrom-Munksjö. This acquisition is expected to increase the Vitrulan Group product portfolio.

The global technical textile market is segmented into material, process, and application. The application segment is bifurcated into mobiltech, indutech, meditech, protech, packtech, agritech, hometech, clothtech, buildtech, and other (sportech, oekotech, and geotech). Among the application segment the mobiltech is expected to account for significant revenue share in the global market.

Players operating in the global technical textile market are, Avintiv, Kusumgar Corporates, 3M, SRF, Ibena Textilewerke GmbH, Johnson & Johnson, Procter & Gamble, SKAPS, E.I du Pont de Numours & Company, Ahlstrom, Avintiv, Kimberley Clark Corporation, Maccaferri, and Strata Geosystems Pvt. Ltd. High presence of players operating on the global level is resulting in high competitive scenario. In addition high investment for product development and new product offerings is expected to further increase the competition.

Market Segmentation

Market By Material Type

  • Natural fiber
  • Synthetic polymer
  • Regenerated fiber
  • Mineral
  • Metal
  • Specialty fiber

Market By Process

  • Woven
  • Knitted
  • Non-woven
  • Others (knotted and braided)

Market By Application

  • Mobiltech
  • Indutech
  • Meditech
  • Protech
  • Packtech
  • Agritech
  • Hometech
  • Clothtech
  • Buildtech
  • Others (Sportech, Oekotech and Geotech)

Market By Region

North America

  • US
  • Canada

Europe

  • UK
  • Germany
  • France
  • Spain
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific

Latin America

  • Brazil
  • Mexico
  • Rest if Latin America

Middle East & Africa

  • GCC
  • South Africa
  • Rest of Meddle East & Africa

TABLE OF CONTENT

CHAPTER 1. INDUSTRY OVERVIEW

1.1. Definition and Scope
1.1.1. Definition of Technical Textile
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Technical Textile Market By Material Type
1.2.2.1. Global Technical Textile Market Revenue and Growth Rate Comparison By Material Type (2015-2026)
1.2.2.2. Global Technical Textile Market Revenue Share By Material Type in 2018
1.2.2.3. Natural fiber
1.2.2.4. Synthetic polymer
1.2.2.5. Regenerated fiber
1.2.2.6. Mineral
1.2.2.7. Metal
1.2.2.8. Specialty fiber
1.2.3. Technical Textile Market By Process
1.2.3.1. Global Technical Textile Market Revenue and Growth Rate Comparison By Process (2015-2026)
1.2.3.2. Woven
1.2.3.3. Knitted
1.2.3.4. Non-woven
1.2.3.5. Others (knotted and braided)
1.2.4. Technical Textile Market By Application
1.2.4.1. Global Technical Textile Market Revenue and Growth Rate Comparison By Application (2015-2026)
1.2.4.2. Mobiltech
1.2.4.3. Indutech
1.2.4.4. Meditech
1.2.4.5. Protech
1.2.4.6. Packtech
1.2.4.7. Agritech
1.2.4.8. Hometech
1.2.4.9. Clothtech
1.2.4.10. Buildtech
1.2.4.11. Others (Sportech, Oekotech and Geotech)
1.2.5. Technical Textile Market By Geography
1.2.5.1. Global Technical Textile Market Revenue and Growth Rate Comparison By Geography (2015-2026)
1.2.5.2. North America Technical Textile Market Revenue and Growth Rate(2015-2026)
1.2.5.3. Europe Technical Textile Market Revenue and Growth Rate(2015-2026)
1.2.5.4. Asia-Pacific Technical Textile Market Revenue and Growth Rate(2015-2026)
1.2.5.5. Latin America Technical Textile Market Revenue and Growth Rate(2015-2026)
1.2.5.6. Middle East and Africa (MEA) Technical Textile Market Revenue and Growth Rate(2015-2026)

CHAPTER 2. MARKET DYNAMICSAND COMPETITION ANALYSIS

2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2018
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Technical Textile Major Manufacturers in 2018
3.2. Manufacturing Plants Distribution of Global Technical Textile Major Manufacturers in 2018
3.3. R&D Status and Technology Source of Global Technical Textile Major Manufacturers in 2018
3.4. Raw Materials Sources Analysis of Global Technical Textile Major Manufacturers in 2018

CHAPTER 4. TECHNICAL TEXTILE MARKET BY MATERIAL TYPE

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4.1. Global Technical Textile Revenue By Material Type
4.2. Natural fiber
4.2.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
4.3. Synthetic polymer
4.3.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
4.4. Regenerated fiber
4.4.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
4.5. Mineral
4.5.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
4.5.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)\
4.6. Metal
4.6.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
4.6.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
4.7. Specialty fiber
4.7.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
4.7.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)

CHAPTER 5. TECHNICAL TEXTILE MARKET BY PROCESS

5.1. Global Technical Textile Revenue By Process
5.2. Woven
5.2.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
5.3. Knitted
5.3.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
5.4. Non-woven
5.4.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
5.5. Others (knotted and braided)
5.5.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
5.5.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)

CHAPTER 6. TECHNICAL TEXTILE MARKET BY APPLICATION

6.1. Global Technical Textile Revenue By Application
6.2. Mobiltech
6.2.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
6.3. Indutech
6.3.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
6.4. Meditech
6.4.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
6.4.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
6.5. Protech
6.5.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
6.5.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
6.6. Packtech
6.6.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
6.6.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
6.7. Agritech
6.7.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
6.7.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
6.8. Hometech
6.8.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
6.8.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
6.9. Clothtech
6.9.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
6.9.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
6.10. Buildtech
6.10.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
6.10.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
6.11. Others (Sportech, Oekotech and Geotech)
6.11.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
6.11.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)

CHAPTER 7. NORTH AMERICA TECHNICAL TEXTILE MARKET BY COUNTRY

7.1. North America Technical Textile Market Revenue and Growth Rate, 2015 – 2026 ($Million)
7.2. North America Technical Textile Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. U.S.
7.3.1. U.S. Technical Textile Market Revenue and Forecast By Material Type, 2015 – 2026 ($Million)
7.3.2. Market Revenue and Forecast By Process, 2015 – 2026 ($Million)
7.3.3. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
7.4. Canada
7.4.1. Market Revenue and Forecast By Material Type, 2015 – 2026 ($Million)
7.4.2. Market Revenue and Forecast By Process, 2015 – 2026 ($Million)
7.4.3. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)

CHAPTER 8. EUROPE TECHNICAL TEXTILE MARKET BY COUNTRY

8.1. Europe Technical Textile Market Revenue and Growth Rate, 2015 – 2026 ($Million)
8.2. Europe Technical Textile Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. UK
8.3.1. Market Revenue and Forecast By Material Type, 2015 – 2026 ($Million)
8.3.2. Market Revenue and Forecast By Process, 2015 – 2026 ($Million)
8.3.3. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
8.4. Germany
8.4.1. Market Revenue and Forecast By Material Type, 2015 – 2026 ($Million)
8.4.2. Market Revenue and Forecast By Process, 2015 – 2026 ($Million)
8.4.3. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
8.5. France
8.5.1. Market Revenue and Forecast By Material Type, 2015 – 2026 ($Million)
8.5.2. Market Revenue and Forecast By Process, 2015 – 2026 ($Million)
8.5.3. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
8.6. Spain
8.6.1. Market Revenue and Forecast By Material Type, 2015 – 2026 ($Million)
8.6.2. Market Revenue and Forecast By Process, 2015 – 2026 ($Million)
8.6.3. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
8.7. Rest of Europe
8.7.1. Market Revenue and Forecast By Material Type, 2015 – 2026 ($Million)
8.7.2. Market Revenue and Forecast By Process, 2015 – 2026 ($Million)
8.7.3. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)

CHAPTER 9. ASIA-PACIFIC TECHNICAL TEXTILE MARKET BY COUNTRY

9.1. Asia-Pacific Technical Textile Market Revenue and Growth Rate, 2015 – 2026 ($Million)
9.2. Asia-Pacific Technical Textile Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. China
9.3.1. Market Revenue and Forecast By Material Type, 2015 – 2026 ($Million)
9.3.2. Market Revenue and Forecast By Process, 2015 – 2026 ($Million)
9.3.3. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
9.4. Japan
9.4.1. Market Revenue and Forecast By Material Type, 2015 – 2026 ($Million)
9.4.2. Market Revenue and Forecast By Process, 2015 – 2026 ($Million)
9.4.3. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
9.5. India
9.5.1. Market Revenue and Forecast By Material Type, 2015 – 2026 ($Million)
9.5.2. Market Revenue and Forecast By Process, 2015 – 2026 ($Million)
9.5.3. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
9.6. Australia
9.6.1. Market Revenue and Forecast By Material Type, 2015 – 2026 ($Million)
9.6.2. Market Revenue and Forecast By Process, 2015 – 2026 ($Million)
9.6.3. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
9.7. South Korea
9.7.1. Market Revenue and Forecast By Material Type, 2015 – 2026 ($Million)
9.7.2. Market Revenue and Forecast By Process, 2015 – 2026 ($Million)
9.7.3. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
9.8. Rest of Asia-Pacific
9.8.1. Market Revenue and Forecast By Material Type, 2015 – 2026 ($Million)
9.8.2. Market Revenue and Forecast By Process, 2015 – 2026 ($Million)
9.8.3. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)

CHAPTER 10. LATIN AMERICA TECHNICAL TEXTILE MARKET BY COUNTRY

10.1. Latin America Technical Textile Market Revenue and Growth Rate, 2015 – 2026 ($Million)
10.2. Latin America Technical Textile Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. Brazil
10.3.1. Market Revenue and Forecast By Material Type, 2015 – 2026 ($Million)
10.3.2. Market Revenue and Forecast By Process, 2015 – 2026 ($Million)
10.3.3. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
10.4. Mexico
10.4.1. Market Revenue and Forecast By Material Type, 2015 – 2026 ($Million)
10.4.2. Market Revenue and Forecast By Process, 2015 – 2026 ($Million)
10.4.3. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
10.5. Rest of Latin America
10.5.1. Market Revenue and Forecast By Material Type, 2015 – 2026 ($Million)
10.5.2. Market Revenue and Forecast By Process, 2015 – 2026 ($Million)
10.5.3. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)

CHAPTER 11. MIDDLE EAST & AFRICA TECHNICAL TEXTILE MARKET BY COUNTRY

11.1. Middle East & Africa Technical Textile Market Revenue and Growth Rate, 2015 – 2026 ($Million)
11.2. Middle East & Africa Technical Textile Market Revenue Share Comparison, 2015 & 2026 (%)
11.3. GCC
11.3.1. Market Revenue and Forecast By Material Type, 2015 – 2026 ($Million)
11.3.2. Market Revenue and Forecast By Process, 2015 – 2026 ($Million)
11.3.3. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
11.4. South Africa
11.4.1. Market Revenue and Forecast By Material Type, 2015 – 2026 ($Million)
11.4.2. Market Revenue and Forecast By Process, 2015 – 2026 ($Million)
11.4.3. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
11.5. Rest of Middle East & Africa
11.5.1. Market Revenue and Forecast By Material Type, 2015 – 2026 ($Million)
11.5.2. Market Revenue and Forecast By Process, 2015 – 2026 ($Million)
11.5.3. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)

CHAPTER 12. COMPANY PROFILE

12.1. Avintiv
12.1.1. Company Snapshot
12.1.2. Overview
12.1.3. Financial Overview
12.1.4. Type Portfolio
12.1.5. Key Developments
12.1.6. Strategies
12.2. Kusumgar Corporates
12.2.1. Company Snapshot
12.2.2. Overview
12.2.3. Financial Overview
12.2.4. Type Portfolio
12.2.5. Key Developments
12.2.6. Strategies
12.3. 3M
12.3.1. Company Snapshot
12.3.2. Overview
12.3.3. Financial Overview
12.3.4. Type Portfolio
12.3.5. Key Developments
12.3.6. Strategies
12.4. SRF
12.4.1. Company Snapshot
12.4.2. Overview
12.4.3. Financial Overview
12.4.4. Type Portfolio
12.4.5. Key Developments
12.4.6. Strategies
12.5. Ibena Textilewerke GmbH
12.5.1. Company Snapshot
12.5.2. Overview
12.5.3. Financial Overview
12.5.4. Type Portfolio
12.5.5. Key Developments
12.5.6. Strategies
12.6. Johnson & Johnson
12.6.1. Company Snapshot
12.6.2. Overview
12.6.3. Financial Overview
12.6.4. Type Portfolio
12.6.5. Key Developments
12.6.6. Strategies
12.7. Procter & Gamble
12.7.1. Company Snapshot
12.7.2. Overview
12.7.3. Financial Overview
12.7.4. Type Portfolio
12.7.5. Key Developments
12.7.6. Strategies
12.8. SKAPS
12.8.1. Company Snapshot
12.8.2. Overview
12.8.3. Financial Overview
12.8.4. Type Portfolio
12.8.5. Key Developments
12.8.6. Strategies
12.9. E.I du Pont de Numours & Company
12.9.1. Company Snapshot
12.9.2. Overview
12.9.3. Financial Overview
12.9.4. Type Portfolio
12.9.5. Key Developments
12.9.6. Strategies
12.10. Others
12.10.1. Company Snapshot
12.10.2. Overview
12.10.3. Financial Overview
12.10.4. Type Portfolio
12.10.5. Key Developments
12.10.6. Strategies

CHAPTER 13. RESEARCH APPROACH

13.1. Research Methodology
13.1.1. Initial Data Search
13.1.2. Secondary Research
13.1.3. Primary Research
13.2. Assumptions and Scope

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Acumen Research
May 18, 2020, 12:10
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