1 / 8

Technical Textile Market Trends, Growth Factors, Size, and Forecast to 2030

Technical Textile Market size was valued at USD 220.17 Bn in 2023 and is expected to reach USD 340.52 Bn by 2030, at a CAGR of 7.01 %.

kadambarimmr
Télécharger la présentation

Technical Textile Market Trends, Growth Factors, Size, and Forecast to 2030

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. TECHNICAL TEXTILE MARKET GLOBAL ANALYSIS REPORT 2024-2030 Published by: Kadambari Jedhe

  2. Market Size & Overview: The global technical textile market was valued at approximately USD 220.17 billion in 2023 and is projected to reach USD 340.52 billion by 2030, growing at a compound annual growth rate (CAGR) of 7.01%. Technical textiles are engineered materials designed for functional applications across various industries, including agriculture, healthcare, construction, automotive, and apparel.

  3. Market Growth & Opportunities Advancements in material science, particularly the integration of nanotechnology, have led to the development of textiles with enhanced properties such as increased strength, flame resistance, and conductivity. This innovation is driving demand for high-performance materials across sectors. Additionally, the growing need for personal protective equipment (PPE) in healthcare and industrial settings presents significant growth opportunities for the technicaltextile market. Sample Request

  4. Market Segmentation by Product Type by Application ❖Woven ❖Meditech ❖Knitted ❖Agrotech ❖Non-Woven ❖Mobiletech ❖Clothtech by Material Type ❖Hometech ❖NaturalFiber ❖Others (buildtec, packtech, geotech, etc) ❖Synthetic Polymer ❖Metal ❖Mineral ❖Regenerated Fiber

  5. Regional Analysis: • North America: The North American technical textile market is anticipated to grow from USD 103.66 billion in 2025 to USD 125.22 billion by 2030, with a CAGR of 3.85%. • Europe: Europe holds a significant share in the global technical textiles market, with major contributions from countries like Germany, France, and Italy. The region's emphasis on technological advancements and sustainable practices supports market growth. • Asia-Pacific (APAC): APAC dominated the global technical textiles market in 2022, accounting for 44.66% of the revenue share. The region's rapid industrialization, expanding automotive sector, and growing infrastructure projects are key drivers of this dominance.

  6. Regional Analysis Regional Analysis 2025-2030 South America Middle East and Africa North America Asia Pacific Europe Customized Report Request

  7. Merges and Acquisition Albany International's Acquisition of Heimbach Group: In August 2023, Albany International acquired Germany-based Heimbach Group for €132 million, aiming to enhance its positionin the technical textilessector. Smiths Group's Acquisition of Modular Metal Fabricators and Wattco: In September 2024, UK-based Smiths Group announced the acquisition of U.S.-based Modular Metal Fabricators and Canada's Wattco for a combined £110 million, aiming to expand its presence in the Americas. RSWM's Acquisition of Ginni Filaments: In December 2023, RSWM acquired Ginni Filaments to enhance productivity and diversify its product offerings in the textile chemicals market. Buy This Report

  8. Thank You Get In Touch with US: MAXIMIZE MARKET RESEARCH PVT. LTD. 3rd Floor, Navale IT park Phase 2, Pune Banglore Highway, Narhe Pune, Maharashtra 411041, India. +91 9607365656 sales@maximizemarketresearch.com

More Related