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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.

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.

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<strong>Technical</strong> <strong>Textiles</strong> <strong>Market</strong>: Global Industry Analysis and<br />

Opportunity Assessment, <strong>2017</strong>–<strong>2027</strong><br />

May <strong>2017</strong><br />

Report Id : REP-GB-286<br />

St<strong>at</strong>us : Apr - <strong>2017</strong><br />

C<strong>at</strong>egory : Chemicals and M<strong>at</strong>erials<br />

©2015 Future <strong>Market</strong> Insights, All Rights Reserved


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<strong>Technical</strong> <strong>Textiles</strong> <strong>Market</strong><br />

<strong>Technical</strong> <strong>Textiles</strong> <strong>Market</strong> <strong>expected</strong> <strong>to</strong> <strong>grow</strong> <strong>at</strong> a <strong>CAGR</strong> <strong>of</strong> <strong>4.6%</strong> <strong>during</strong> <strong>2017</strong>-<strong>2027</strong><br />

Future <strong>Market</strong> Insights’ recent report on global technical textiles market projects th<strong>at</strong> Asia-Pacific will be<br />

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

report values the global technical textiles market <strong>at</strong> little less than US$ 166 Bn, and anticip<strong>at</strong>es it <strong>to</strong> reach<br />

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

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

traction across Asia-Pacific countries such as India and China, among others.<br />

The report, titled “<strong>Technical</strong> <strong>Textiles</strong> <strong>Market</strong>: Global Industry Analysis and Opportunity Assessment,<br />

<strong>2017</strong>-<strong>2027</strong>,” also projects th<strong>at</strong> in terms <strong>of</strong> consumption, the market shall incur a promising <strong>grow</strong>th,<br />

exhibiting a volume <strong>CAGR</strong> <strong>of</strong> 5.3%. By the end <strong>of</strong> <strong>2017</strong>, more than 34 million <strong>to</strong>nnes <strong>of</strong> technical textiles<br />

will be consumed across the globe. And, this number is likely <strong>to</strong> reach 57 million <strong>to</strong>nnes by <strong>2027</strong>-end.<br />

During this forecast period, the report is anticip<strong>at</strong>ing a sluggish revenue <strong>grow</strong>th for global technical<br />

textiles market, primarily due <strong>to</strong> high prices <strong>of</strong> technical textiles as opposed <strong>to</strong> altern<strong>at</strong>ive fabrics and lack<br />

<strong>of</strong> awareness regarding benefits <strong>of</strong> technical textiles.<br />

According <strong>to</strong> the report, more than 50% <strong>of</strong> global technical textiles revenues will be accounted by the<br />

Asia-Pacific region. While the Asia-Pacific technical textiles market will registers rampant expansion <strong>at</strong><br />

value <strong>CAGR</strong> <strong>of</strong> 6.8%, regions such as North America, Western Europe, Eastern Europe, and Middle East &<br />

Africa will showcase sluggish <strong>grow</strong>th through <strong>2027</strong>. Sales <strong>of</strong> technical textiles in L<strong>at</strong>in America, on the<br />

other hand, are likely <strong>to</strong> depict a rel<strong>at</strong>ively favourable <strong>grow</strong>th <strong>at</strong> 4.5% <strong>CAGR</strong>.<br />

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<strong>Technical</strong> <strong>Textiles</strong> <strong>Market</strong><br />

Companies such as E.I. du Pont de Nemours and Company, Low and Boar PLC, Ahlstrom Corpor<strong>at</strong>ion, 3M<br />

Company, Avintiv, Arville <strong>Textiles</strong> Ltd., Milliken and Company, Dickson-Constant, Baltex, and Freudenberg<br />

& Co. KG are pr<strong>of</strong>iled in the report as key players <strong>of</strong> global technical textiles market. The report also<br />

reveals th<strong>at</strong> over 20% <strong>of</strong> technical textiles produced in the world are procured for mobiltech applic<strong>at</strong>ions.<br />

Demand for technical textiles is also <strong>expected</strong> <strong>to</strong> remain high across buildtech, indutech, meditech,<br />

geotech and oekotech applic<strong>at</strong>ions. With respect <strong>to</strong> process used for manufacturing technical textiles,<br />

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

this segment is likely <strong>to</strong> exhibit a value <strong>CAGR</strong> <strong>of</strong> more than 5%.<br />

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Table <strong>of</strong> Content<br />

Section 1 Executive Summary<br />

Section 2 <strong>Market</strong> Introduction<br />

2.1. <strong>Market</strong> Definition<br />

2.2. <strong>Market</strong> Taxonomy<br />

2.3. Parent / Associ<strong>at</strong>ed <strong>Market</strong> Overview<br />

3. <strong>Technical</strong> <strong>Textiles</strong> <strong>Market</strong> Analysis Scenario<br />

3.1. <strong>Market</strong> Volume (‘000 Tonnes) Analysis<br />

3.2. Pricing Analysis, By Region<br />

3.3. <strong>Market</strong> Size (US $ Mn) and Forecast<br />

4. <strong>Market</strong> Dynamics<br />

4.1. Drivers<br />

4.2. Restraints<br />

3.3.1. <strong>Market</strong> Value Y-o-Y Growth<br />

3.3.2. <strong>Market</strong> Absolute $ Opportunity<br />

3.3.3. Supply Chain Overview<br />

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Table <strong>of</strong> Content<br />

4.3. Trends<br />

4.4. Opportunity<br />

4.5. Forecast Fac<strong>to</strong>rs – Relevance and Impact<br />

5. Global <strong>Technical</strong> <strong>Textiles</strong> <strong>Market</strong> Analysis and Forecast, By Applic<strong>at</strong>ion<br />

5.1. Introduction<br />

5.1.1. Basis Point Share (BPS) Analysis By Applic<strong>at</strong>ion<br />

5.1.2. Y-o-Y Growth Projections By Applic<strong>at</strong>ion<br />

5.2. <strong>Market</strong> Size (US$ Mn) and Volume (‘000 Tonnes) Forecast By Applic<strong>at</strong>ion<br />

5.2.1. Agrotech<br />

5.2.2. Buildtech<br />

5.2.3. Hometech<br />

5.2.4. Indutech<br />

5.2.5. Sportech<br />

5.2.6. Packtech<br />

5.2.7. Mobiltech<br />

5.2.8. Meditech<br />

5.2.9. Clothtech<br />

5.2.10. Geotech<br />

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Table <strong>of</strong> Content<br />

5.2.11. Protech<br />

5.2.12. Oekotech<br />

5.3. <strong>Market</strong> Attractiveness Analysis By Applic<strong>at</strong>ion<br />

6. Global <strong>Technical</strong> <strong>Textiles</strong> <strong>Market</strong> Analysis and Forecast, By Process Type<br />

6.1. Introduction<br />

6.1.1. Basis Point Share (BPS) Analysis By Process Type<br />

6.1.2. Y-o-Y Growth Projections By Process Type<br />

6.2. <strong>Market</strong> Size (US$ Mn) and Volume (‘000 Tonnes) Forecast By Process Type<br />

6.2.1. Nonwoven<br />

6.2.2. Composites<br />

6.2.3. Others<br />

6.3. <strong>Market</strong> Attractiveness Analysis By Process Type<br />

7. Global <strong>Technical</strong> <strong>Textiles</strong> <strong>Market</strong> Analysis and Forecast, By Region<br />

7.1. Introduction<br />

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Table <strong>of</strong> Content<br />

7.1.1. Basis Point Share (BPS) Analysis By Region<br />

7.1.2. Y-o-Y Growth Projections By Region<br />

7.2. <strong>Market</strong> Size (US$ Mn) and Volume (‘000 Tonnes) Forecast By Region<br />

7.2.1. North America<br />

7.2.2. L<strong>at</strong>in America<br />

7.2.3. Western Europe<br />

7.2.4. Eastern Europe<br />

7.2.5. APAC<br />

7.2.6. MEA<br />

7.3. <strong>Market</strong> Attractiveness Analysis By Region<br />

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