Technical Textiles Market Analysis

Technical Textiles Market Analysis

The synthetic polymer segment is expected to generate over USD 120 billion by 2028. Synthetic polymers are expected to grow at a substantial rate since many consumers use synthetic fibers as a replacement for natural fibers owing to environmental concerns.
 

Synthetic polymer plays a significant role in the textiles market as it has a lower weight yet is comparatively stiff & strong and offers better heat & electric conductivity compared to other textile materials. Owing to the above-mentioned factors, it is widely utilized in aerospace and automotive component manufacturing. Synthetic polymers are used in a wide range of applications including heavy-lifting lines, high-performance sporting goods, heat-resistant garments, and bulletproof vests.
 

The mobiltech segment will generate a demand for over 15 million tons by 2028 owing to the rising demand for the transport industry as it is used in cars, ships & railways to the aerospace industry. Technical textile products are used in various automotive applications such as seats, headliners, noise control, and carpets, among others. The application of textile composite materials in mobiltech is to improve comfort & interiors and is also used as a reinforcement.
 

Technical textiles are used to construct buildings, dams, bridges, tunnels & roads and collectively comprise the buildtech sector. They offer mechanical properties such as lightness, strength & resilience, and resistance to creep & degradation by chemicals & pollutants in the air or rain & other construction materials, and resistance to the effects of sunlight & acid. Technical textiles play a significant role in modernizing infrastructures. Technical textile products are used for various purposes in the construction industry such as scaffolding nets, tarpaulin, architectural membranes, and roofing materials, among others.
 

The non-woven segment is expected to grow at a CAGR of over 4.5% through 2028 owing to the increasing use of non-woven fibers in covers, carry bags, thermal insulation, ballistic protection, and fireproof layers. These fabrics are usually manufactured using polypropylene, which provides properties such as strength, elasticity, and thermal insulation. Technological advancements and the incorporation of polypropylene are fueling non-woven fabric demand in industries such as automotive, construction, chemicals, and garments. The growing demand for polypropylene in non-woven materials is anticipated to propel the overall technical textiles market growth.
 

Asia Pacific technical textiles market value will generate over USD 90 billion by 2028 due to the rising demand for technical textile solutions from the clothing, transport, and construction industries in developing countries such as India, China, Vietnam, etc. These countries are anticipated to exhibit a rising demand for new public transport and commercial buildings such as healthcare facilities.
 

In automotive vehicles, technical textiles are used in various components, such as carpets, air filters, oil filters, battery separators, hood liners, tire cord fabrics, and hoses & belt reinforcement. With increasing vehicle production & sales across Asia Pacific, the product will witness demand. According to OICA, countries including India, China, South Korea, Japan, Thailand, and Indonesia, accounted for over 40% of the global vehicle production in 2020.