Technical Textiles Market expected to grow at a CAGR of 4.6% during 2017-2027

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Future Market Insights’ recent report on global technical textiles market projects that Asia-Pacific will be observed as the world’s largest market for technical textiles during the forecast period, 2017-2027. The report values the global technical textiles market at little less than US$ 166 Bn, and anticipates it to reach US$ 260.3 Bn by the end of 2027.

Technical Textiles Market: Global Industry Analysis and

Opportunity Assessment, 20172027

May 2017

Report Id : REP-GB-286

Status : Apr - 2017

Category : Chemicals and Materials

©2015 Future Market Insights, All Rights Reserved


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Technical Textiles Market

Technical Textiles Market expected to grow at a CAGR of 4.6% during 2017-2027

Future Market Insights’ recent report on global technical textiles market projects that Asia-Pacific will be

observed as the world’s largest market for technical textiles during the forecast period, 2017-2027. The

report values the global technical textiles market at little less than US$ 166 Bn, and anticipates it to reach

US$ 260.3 Bn by the end of 2027. While the global market for technical textiles is projected to grow at

below average pace and register a value CAGR of 4.6%, the demand for technical textiles is likely to gain

traction across Asia-Pacific countries such as India and China, among others.

The report, titled “Technical Textiles Market: Global Industry Analysis and Opportunity Assessment,

2017-2027,” also projects that in terms of consumption, the market shall incur a promising growth,

exhibiting a volume CAGR of 5.3%. By the end of 2017, more than 34 million tonnes of technical textiles

will be consumed across the globe. And, this number is likely to reach 57 million tonnes by 2027-end.

During this forecast period, the report is anticipating a sluggish revenue growth for global technical

textiles market, primarily due to high prices of technical textiles as opposed to alternative fabrics and lack

of awareness regarding benefits of technical textiles.

According to the report, more than 50% of global technical textiles revenues will be accounted by the

Asia-Pacific region. While the Asia-Pacific technical textiles market will registers rampant expansion at

value CAGR of 6.8%, regions such as North America, Western Europe, Eastern Europe, and Middle East &

Africa will showcase sluggish growth through 2027. Sales of technical textiles in Latin America, on the

other hand, are likely to depict a relatively favourable growth at 4.5% CAGR.

©2015 Future Market Insights, All Rights Reserved 4


Technical Textiles Market

Companies such as E.I. du Pont de Nemours and Company, Low and Boar PLC, Ahlstrom Corporation, 3M

Company, Avintiv, Arville Textiles Ltd., Milliken and Company, Dickson-Constant, Baltex, and Freudenberg

& Co. KG are profiled in the report as key players of global technical textiles market. The report also

reveals that over 20% of technical textiles produced in the world are procured for mobiltech applications.

Demand for technical textiles is also expected to remain high across buildtech, indutech, meditech,

geotech and oekotech applications. With respect to process used for manufacturing technical textiles,

more than 45% of technical textiles produced across the globe will be non-woven by end of 2027. And,

this segment is likely to exhibit a value CAGR of more than 5%.

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Table of Content

Section 1 Executive Summary

Section 2 Market Introduction

2.1. Market Definition

2.2. Market Taxonomy

2.3. Parent / Associated Market Overview

3. Technical Textiles Market Analysis Scenario

3.1. Market Volume (‘000 Tonnes) Analysis

3.2. Pricing Analysis, By Region

3.3. Market Size (US $ Mn) and Forecast

4. Market Dynamics

4.1. Drivers

4.2. Restraints

3.3.1. Market Value Y-o-Y Growth

3.3.2. Market Absolute $ Opportunity

3.3.3. Supply Chain Overview

©2015 Future Market Insights, All Rights Reserved

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Table of Content

4.3. Trends

4.4. Opportunity

4.5. Forecast Factors – Relevance and Impact

5. Global Technical Textiles Market Analysis and Forecast, By Application

5.1. Introduction

5.1.1. Basis Point Share (BPS) Analysis By Application

5.1.2. Y-o-Y Growth Projections By Application

5.2. Market Size (US$ Mn) and Volume (‘000 Tonnes) Forecast By Application

5.2.1. Agrotech

5.2.2. Buildtech

5.2.3. Hometech

5.2.4. Indutech

5.2.5. Sportech

5.2.6. Packtech

5.2.7. Mobiltech

5.2.8. Meditech

5.2.9. Clothtech

5.2.10. Geotech

©2015 Future Market Insights, All Rights Reserved

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Table of Content

5.2.11. Protech

5.2.12. Oekotech

5.3. Market Attractiveness Analysis By Application

6. Global Technical Textiles Market Analysis and Forecast, By Process Type

6.1. Introduction

6.1.1. Basis Point Share (BPS) Analysis By Process Type

6.1.2. Y-o-Y Growth Projections By Process Type

6.2. Market Size (US$ Mn) and Volume (‘000 Tonnes) Forecast By Process Type

6.2.1. Nonwoven

6.2.2. Composites

6.2.3. Others

6.3. Market Attractiveness Analysis By Process Type

7. Global Technical Textiles Market Analysis and Forecast, By Region

7.1. Introduction

©2015 Future Market Insights, All Rights Reserved

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Table of Content

7.1.1. Basis Point Share (BPS) Analysis By Region

7.1.2. Y-o-Y Growth Projections By Region

7.2. Market Size (US$ Mn) and Volume (‘000 Tonnes) Forecast By Region

7.2.1. North America

7.2.2. Latin America

7.2.3. Western Europe

7.2.4. Eastern Europe

7.2.5. APAC

7.2.6. MEA

7.3. Market Attractiveness Analysis By Region

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