The global technical textiles market is expected to reach a valuation of US$370 billion by 2032 – Queen Anne and Mangolia News

250-page technical textiles survey by Fact MR, a leading market and competitive intelligence provider

The latest industry survey by Fact MR forecasts sales of technical textiles to grow at the propelled CAGR through 2031, as sales of chemicals and materials gradually recover from the disruptions caused by COVID-19. The report aims to provide insights into hidden growth opportunities and challenges. It also provides recommendations to help businesses prepare for unforeseen challenges.

Market intelligence research therefore includes demographic analysis so that market players can plan their product and marketing strategy. It offers sales prospects in more than 20 countries. It identifies the most lucrative segments to help companies create winning strategies for the future.

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The report offers actionable and valuable insights into the Technical Textile market. The latest report from Fact.MR provides details about the current market scenario across different regions along with the historical data and forecast of the market. The report also includes information on sales and demand for technical textiles across various industries and regions.

Market research by Fact.MR gives exclusive insights on market growth. The study identifies crucial trends driving the growth of Technical Textile. This newly released report sheds light on vital dynamics, such as drivers, restraints, and opportunities for major market players as well as emerging players associated with production and supply. Fact.MR Latest Report Provides Detailed Analysis of Technical Textiles Market

This newly released and insightful report sheds light on the Technical Textiles Market outlook, key dynamics, their impact on the overall value chain from suppliers to end users and the Technical Textiles growth..

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Key insights from market research

  • On the basis of materials, polymer composites are expected to grab around 58% of the global market share.
  • Based on the process, the demand for nonwoven technical textiles is expected to grow at a steady CAGR of around 4%.
  • Based on the application, the consumption of technical textiles in protech is expected to increase approximately 1.6 times by 2032.
  • East Asia is expected to capture around 30% of the global technical textiles market share by 2032.
  • North America is expected to offer an absolute dollar opportunity of US$10 billion over the period 2022-2032.

Key segments covered by the technical textile industry survey

  • By technical textile market by material:

    • Natural Fiber
    • Regenerated fiber
    • Polymer
    • Metal
    • Others (minerals, composites, etc.)
  • By technical textile market by process:

    • Woven Technical Textiles
    • Knitted technical textiles
    • Non-woven technical textiles
  • By Technical Textiles Market by Application:

    • Agrotech
    • Buildtech
    • hometech
    • Indutech
    • Sportech
    • Mobiltech
    • packtech
    • Meditech
    • Clothtech
    • Geotech
    • Protech
    • Oekotech
  • By technical textile market by region:

    • North America technical textiles market
    • Technical textiles market in Latin America
    • European technical textiles market
    • East Asia technical textiles market
    • Technical textiles market in South Asia and Oceania
    • Middle East and Africa technical textiles market

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Report attributes Details
Technical Textiles Market Size (2021A) 210 billion US dollars
Estimated market value (2022E) 220 billion US dollars
Expected market value (2032F) 370 billion US dollars
Global market growth rate (2022-2032) CAGR 5.3%
Market share in Asia-Pacific (2021) ~40%
Growth rate in Asia-Pacific (2022-2032) 5.6% CAGR
China growth rate (2022-2032) 5.7% CAGR
Market share of the top 5 companies ~35%
Profiled Key Companies
  • 3M Company
  • Ahlstrom Corporation
  • Arville Textiles Ltd.
  • Asahi Kasei
  • Avintiva
  • Baltex
  • Berry Global
  • Dickson’s constant
  • EI du Pont de Nemours and Company
  • Freudenberg & Co. KG
  • Hunter’s Society
  • International textile group
  • Kimberly Clark Corporation
  • Koninklijke Ten Cate BV
  • Down and bonar
  • Milliken Chemical Company
  • Mitsui Chemicals
  • FRS limited
  • Toray Industries Inc.
  • Toyobo Co.Ltd.

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Benefits of the report and answers to key questions

  • Technical textile company and brand share analysis: The report offers technical textile brand share analysis to offer a deeper analysis of the competition. This is intended to help businesses with proactive long-term planning.
  • Historical Volume Analysis of Technical Textiles: Factors affecting sales in the past are analyzed in detail. The report also offers a comparative analysis between the growth trajectory displayed in 2016-2020 and 2021-2031.
  • Category and segment level analysis of technical textiles: To offer a comprehensive analysis, the market identifies major segments and highlights key factors enabling growth in these categories.
  • Consumption of technical textiles by demographics: Demographic analysis aims to provide recommendations to businesses to help them create growth strategies around dynamic consumption patterns.
  • Technical Textile Manufacturing Trend Analysis: Analysis of manufacturing trends is the culmination of the study. It offers vital data on the strategies adopted by market players to align their manufacturing strategies with prevailing market trends.
  • Post-COVID consumer spending on technical textiles: The survey offers a chapter dedicated to the analysis of post-COVID consumer behavior. Changes in their spending habits are carefully analyzed to provide insight into the potential impact on sales of technical textiles.

More valuable information about technical textiles

Fact.MR, in its new report, offers an unbiased analysis of the technical textile market, sales and demand for technical textile, analyzing forecast statistics to 2019 and beyond. The study reveals growth projections based on various criteria.

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