Technical Textile Market Size, Share & Trends Analysis Report By Manufacturing (Thermo-forming, 3D Weaving, 3D Knitting), By End Use, By Region (North America, Europe, APAC, CSA, MEA), And Segment Forecasts, 2022 - 2030

Report Overview

The global technical textile market size was valued at USD 180.9 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.7% from 2022 to 2030. Increasing awareness regarding the benefits of technical textiles in various end-user industries is expected to drive the market over the forecast period. The global technical textiles industry has experienced moderate growth as a consequence of the economic recession caused by the Covid-19 crisis. During the initial phase, the industrial activities observed setbacks, as a result, the market has also experienced a catastrophic setback.

The spread of COVID-19 in the U.S positively influenced the demand for textiles. The stay-at-home instructions have also influenced the demand for hometech products. The U.S. is expected to be the largest market for technical textiles in North America, on account of the expansion of industries including medical, agriculture, and construction. Technical textiles majorly use man-made raw-material such as fibers consisting of viscose, nylon, acrylic/modacrylic, high-density, and polymers, which cater to cost-intensive manufacturing techniques. Thus, the technology used for the production of the above-mentioned synthetic raw materials is likely to negatively impact the growth of the market.

Increasing consumer preference towards protective clothing coupled with the prevailing fashion trends is forcing major technical textiles companies to focus on restructuring their business in terms of adopting new engineering technologies such as smart textiles and nanotechnology. This in turn is expected to increase the overall product cost, thereby acting as a restraint for the market. A majority of the market players are focusing on efficient and effective distribution channels by setting up new production plants and establishing partnerships & agreements with several e-commerce portals to ensure a robust supply of products. However, the market has witnessed sluggish growth in the year 2020 due to COVID-19 which is expected to result in slow market growth for the first few years over the forecasted period.

Manufacturing Insights

The 3D weaving manufacturing technology led the market for technical textiles and accounted for more than 23.7% share of the global revenue in 2021. The demand for 3D weaving technology-based products in construction, ballistic, automotive, marine, and other application industries is driving segment growth and is expected to dominate the market during the forecast period. 3D knitting manufacturing technology is estimated to account for a volume share equivalent to 8,917.4 kilotons in 2021 as it finds application in 3D shaped dimensionality which is found in knit structures and weft knitting. Moreover, the increasing application of 3D knitting in the construction and civil engineering segment is expected to propel market growth.

Thermoforming manufacturing technology was estimated to account for USD 22.8 billion in 2021. This is attributed to the increasing application of the same in automotive, aerospace & aviation, business machines & equipment, and others. In addition, it is highly used in the medical and healthcare sector for packaging blisters and other medical equipment. Several other technologies such as nanotechnology, finishing treatments, and heat-set synthesis, among others, are used in the market to improve the overall appearance, size, and strength of the product. Moreover, increasing the use of nanotechnology in product manufacturing further improves the property of the product such as texture, durability, and color.

End-use Insights

The hometech technical textiles led the market for technical textiles and accounted revenue share of over 19.4% in 2021, owing to the escalating demand for the product from the household sector. It includes cushioning materials, furniture, floor and wall covering, fireproofing, and others. This is expected to witness a positive trend in the upcoming period with an increase in residential construction, especially in the emerging economies. Demand for indutech technical textiles is anticipated to grow at a significant rate of 5.5% over the forecast period, owing to the superior properties such as durability and strength for industrial applications. Rising demand for decatising cloth, bolting cloth, drive belts, printed circuit boards, and others in various application industries is expected to increase the demand for industrial textile during the forecast period.

Rapid increasing population in the emerging economies coupled with the rising birth rates and aging population is expected to drive the demand for hygienic and personal care medical equipment over the forecast period. This is expected to add positive growth to the medtech textile market, thereby adding significant growth to the overall technical textiles market. Other end-use segment includes agro textiles, buidtech textiles, packatech textiles, sportech textiles, among others. Increasing adoption of advanced technology in agriculture for high crop yield coupled with the increasing constructional activities for residential & commercial segments is expected to add positive growth to the agro textiles and buildtech textiles end-use segment respectively.

Regional Insights

Asia Pacific dominated the market for technical textiles and accounted for over 46.6% share of global revenue in 2021. The region is expected to dominate the market over the forecast period. The rise in demand for apparel and functional, industrial, and protective clothing is expected to boost market growth over the forecast period. The growth of the residential, commercial, and industrial sectors in China coupled with favorable government policies to support the overall textile market in India is expected to add growth prospects to the market. The direct involvement of India’s prime minister with the Cabinet Committee on Economic Affairs (CCEA) has targeted to increase the domestic technical textile market size to USD 40 to 50 billion by the year 2024.

The product demand in Europe is led by fashion clothing and household applications and the trend is projected to continue over the forecast period. In addition, an increase in tourism, healthcare activities, and automotive is expected to add significant growth to various end-use textile segments, thereby fueling the growth of the market. In North America, the market was estimated to be 7,696.3 kilotons in terms of volume in 2021 and is expected to grow at a significant rate over the forecast period. This growth can be attributed to the rise in product demand from the construction and healthcare application industry. The rise in infrastructural development and renovation activities are further expected to fuel market growth over the forecast period.

Key Companies & Market Share Insights

The market is making rapid advancements in technical textiles owing to the rapidly changing consumer preference and fluctuating fashion trends. In addition, several market players are focusing on the development of consumer and commercial textiles making them suitable for use in an extensive range of industrial applications. The market is competitive due to the presence of major companies involved in product manufacture. Key players have benchmarked their products based on geographical presence, distribution network, product portfolio, operational capabilities, and innovation. Some of the prominent players in the technical textile market include:

• Low & Bonar PLC

• Freudenberg Group

• Berry Global Group, Inc.

• Ahlstrom-Munksjo

• Asahi Kasei Advance Corporation

• Kimberly-Clark Corporation

• Mitsui Chemicals, Inc.

• Huntsman International LLC

• Berry Global Group, Inc.

• Toray Industries, Inc.

Technical Textile Market Report Scope

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global technical textile market report based on manufacturing, end-use, and region:

• Manufacturing Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)

  • Thermo-forming

  • 3D Weaving

  • 3D Knitting

  • Nanotechnology

  • Heat-set Synthetics

  • Finishing Treatments

  • Hand-made Elements

  • Others

• End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)

  • Agro Textiles

  • Buildtech Textiles

  • Indutech Textile

  • Hometech Textile

  • Medtech Textile

  • Packtech Textile

  • Protech Textile

  • Transtech Textile

  • Sportech Textile

  • Clothtech Textile

  • Others

• Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • Germany

    • U.K.

    • France

    • Italy

    • Spain

    • Greece

  • Asia Pacific

    • China

    • India

    • Japan

  • Central & South America

    • Brazil

  • Middle East & Africa