Technical textiles are textile materials produced primarily for their technical performance and functional properties. These textiles are manufactured mainly from synthetic fibers and are usually a nonwoven. The technical textiles are functional fabrics that possess applications across numerous end-user industries including agriculture, automobiles, civil engineering, healthcare, industrial safety, and personal protection among others. In addition, technical textile materials are also widely used in filter clothing, hygiene medicals, furniture, and construction material. Moreover, technical textiles are known for their superior characteristics and features such as higher strength, versatility, and superior technical performance that make them desirable for several industrial, commercial as well as domestic applications.
Rising base of textile applications in end-user industries is a primary factor driving the growth of the global technical textiles market. A large number of technical textile products are consumed by different industries, like automotive, oil & petroleum, healthcare, infrastructure, and many others. Additionally, with growing investments in the industrial sector and rising exports, the industrial sector is likely to attain a considerable growth in the global market. Moreover, the U.S. Department of Commerce's International Trade Administration (ITA) estimates global demand for the U.S. technical textile products to rise substantially. Factors such as innovation and new technology coupled with trade relationships developed under current and future free trade agreements are poised to drive the demand for the U.S. technical textiles industry.
In addition, increasing adaptability and acceptance of products is another factor driving the growth of the global technical textile market. Thus, the growing awareness about the superior functionality of technical textiles will encourage higher consumption of these products. Increasing disposable income of consumer and growth in the construction textiles are other aspects contributing to increasing technical textile adoption. However, the high cost of finished products and varying environmental mandates across regions are the factors limiting the technical textile market growth.
Furthermore, government initiatives to promote the use of technical textiles is creating a favorable business opportunity for all business verticals. For instance, according to India Brand Equity Fund (IBEF), to facilitate higher integration of technology into manufacturing processes and end products, Government of India has allowed up to 100% FDI under automatic route for the technical textiles sector. While, leading global manufacturers of technical textiles products will thus be able to establish manufacturing units in India, either alone or through partnerships with Indian industries. Similarly, the Government of India has made huge investments under Scheme for Integrated Textile Parks (SITP) and Technology Fund Scheme to promote more equity and to train the force.
The global technical textiles market is classified based on material, process, technology, end-use, and geography. The material segment is bifurcated into the synthetic polymer, natural fiber, regenerated fiber, mineral, metal, and specialty fiber. Among which, the synthetic polymer segment led the global market with major share owing to factors such as low cost, high strength, and high quality. Further, synthetic fibers are used in advanced applications such as bulletproof body armor; geotextile spun bounds and surgical application products.
By process segment, the segmentation is given as woven, knitted, non-woven, and others (knotted and braided). Among which, the woven segment is expected to lead the market with the highest shares and is likely to continue its trend over the forecast period. The high growth in the segment is attributed to the widespread applications of woven process in the automobile, construction, clothing, and other industries. Based on the technology segment, the market is categorized into thermo-forming, 3d knitting, 3d weaving, heat-set synthetics, nanofibers, hand-made elements, finishing treatments, and other technologies.
The end-use segment is further classified on the basis of mobiltech, meditech, indutech, buildtech, hometech, protech, agrotech, geotech, clothtech, packtech, and oekotech. On the basis of end-use segment, the mobiltech sub-segment dominated the market with the majority of the share owing to the growing demand for high-performance materials from the automotive industry. However, Meditech is anticipated to attain the fastest CAGR during the forecast period. The market for Meditech is growing due to improving healthcare expenditure in India and China along with the presence of advanced healthcare infrastructure in most parts of North America and Europe.
Furthermore, geographical coverage has been offered for each of the major regions including North America, Europe, Asia-Pacific, and Rest of the World. Among all the regions, Asia-Pacific generated the highest revenue in the technical textile industry due to the diverse uses of technical textiles in various industries. Furthermore, growing industrialization, growing access to medical care and massive infrastructure spending particularly in India, China, Indonesia, and Thailand is expected to drive the APAC technical textile market.
Key Market Players and Competitive Analysis
The research report also helps to recognize the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. Few of the include 3M, Ahlstrom Corporation, Asahi Kasei, Berry Global Inc., DowDuPont, Elevate Textiles, Inc., Freudenberg & Co., GSE Environmental Inc., Huesker Synthetic GmbH, Johns Manville, Kimberly-Clark Corporation, Mitsui Chemicals, Procter and Gamble, and Strata Geosystems (India) Private Limited among others.
Prominent players are adopting product launch, partnerships/collaborations, agreements, investments, and acquisitions as their marketing strategies to sustain in the intense competition and improve their product portfolio. For instance, on May 22, 2018, American & Efird (subsidiary of Elevate Textiles Inc.), manufacturer and distributor of industrial and consumer sewing thread, technical textiles and embroidery thread, launched âAnefil Poly using REPREVEâ. Incorporating REPREVE fiber made from recycled drinking bottles, and offered in a wide-ranging color range, this sustainable, continuous-filament, polyester sewing thread provides manufacturers, brands and retailers the skill to complete their individual non-apparel sustainability stories with the manufacturing of environmentally, responsible products.
Scope of the Global Technical Textiles Market
- Synthetic Polymer
- Natural Fiber
- Regenerated Fiber
- Specialty Fiber
- Others (Knotted And Braided)
- 3d Knitting
- 3d Weaving
- Heat-Set Synthetics
- Hand-Made Elements
- Finishing Treatments
- Other Technologies
- North America
- Rest of Europe
- Rest of APAC
- Rest of the World
- South America
- Middle East