Technical Textile Market worth $222.4 billion by 2025


Posted October 5, 2021 by abhijeetw1

The outbreak of COVID-19 has affected the demand as well as the manufacturing in supply regions. The COVID-19 crisis has affected the chemical industry supply chain to a major extent; thus, having a major impact on raw material procurement.

 
The report "Technical Textile Market by Material (Natural Fiber, Synthetic Polymer, Metal, Mineral, Regenerated Fiber), by Process (Woven, Knitted, Non-woven), by Application (Mobiltech, Indutech, Protech, Buildtech, Packtech), and Region - Global Forecast to 2025" The global technical textile market size is projected to grow from USD 164.6 billion in 2020 to USD 222.4 billion by 2025, at a CAGR of 6.2% from 2020 to 2025. The market has grown exponentially in the last few years, and this trend is projected to continue. The growing awareness about the superior functionality and application of technical textiles encourages the higher consumption of technical textiles and related products. Furthermore, growth in the automobile, construction, healthcare, packaging, and various other sectors has generated new opportunities for technical textiles.

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Browse 200 market data Tables and 55 Figures spread through 248 Pages and in-depth TOC on "Technical Textile Market by Material (Natural Fiber, Synthetic Polymer, Metal, Mineral, Regenerated Fiber), by Process (Woven, Knitted, Non-woven), by Application (Mobiltech, Indutech, Protech, Buildtech, Packtech), and Region - Global Forecast to 2025"

♦ PREMIUM INSIGHTS -
4.1 EMERGING ECONOMIES TO WITNESS RELATIVELY HIGHER DEMAND FOR TECHNICAL TEXTILE
FIGURE 15 EMERGING ECONOMIES OFFER ATTRACTIVE OPPORTUNITIES IN THE TECHNICAL TEXTILE MARKET
4.2 APAC: TECHNICAL TEXTILE MARKET, BY APPLICATION AND COUNTRY
FIGURE 16 CHINA WAS THE LARGEST MARKET IN APAC IN 2019
4.3 TECHNICAL TEXTILE MARKET, BY MATERIAL
FIGURE 17 SYNTHETIC POLYMER TO LEAD THE MARKET DURING THE FORECAST PERIOD
4.4 TECHNICAL TEXTILE MARKET, BY PROCESS
FIGURE 18 NONWOVEN PROCESS TO GROW AT THE HIGHEST RATE IN THE MARKET
4.5 TECHNICAL TEXTILE MARKET, BY APPLICATION
FIGURE 19 MOBILTECH TO BE LARGEST APPLICATION IN THE MARKET
4.6 TECHNICAL TEXTILE MARKET, BY COUNTRY
FIGURE 20 TECHNICAL TEXTILE MARKET IN INDIA TO GROW AT THE HIGHEST CAGR

On May 2020, Berry Global has announced an expansion of its Meltex melt-blown capacity, with the addition of an asset to support the growing demand for face masks during COVID-19. The new line will focus on the manufacturing of nonwoven protection materials and filter materials for premium FFP2 (N95) and FFP3 (N99) grade filter media.
On April 2020, Ahlstrom-Munksjo has increased its nonwoven production across its entire protective materials portfolio, in response to COVID-19. The company has expanded its product offering of protective materials for all three face mask categories- civil masks, surgical masks, and respiratory masks.
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Key Market Players
The technical textile market is dominated by a few globally established players, such as Asahi Kasei (Japan), Kimberly Clarke (US), Berry Global Group (US), DuPont (US), Mitsui Chemicals (Japan), and Freudenberg & Co. (Germany). Other players include Low & Bonar (UK), Huntsman (US), Toyobo Co. (Japan), Milliken & Company (US), SRF Limited (India), Koninklijke Ten Cate (Netherlands), and International Textile Group (US), among many others.
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Issued By mnm
Country United States
Categories Business
Tags technical textile , technical textile market , technical textile market share , technical textile market size
Last Updated October 5, 2021