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Technical Textiles Market Share

  • Report ID: GMI5283
  • Published Date: Jun 2022
  • Report Format: PDF
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Technical Textiles Market Share

The technical textiles market is fragmented with many manufacturers operating across the world. Manufacturers in the market compete through product innovation. Furthermore, continuous spending on research & development activities to gain a competitive advantage over other manufacturers will sustain industry rivalry in the market over the forecast spell. The competition is growing owing to enhancing distribution channels along with new players entering the market.
 

In recent years, many manufacturers have developed economical and sustainable technical textile products, which are biodegradable and reduce the overall plastic waste. For instance, in June 2021, Asahi Kasei introduced Bemliese, its proprietary ultra-sustainable continuous-filament cellulosic non-woven fabric. Bemliese is a non-woven fabric sheet made from cotton linters, which are tiny hair-like fibers on cotton seeds.
 

Some of the key technical textiles industry participants are

  • Asahi Kasei
  • Freudenberg Performance Materials
  • Heathcoat Fabrics Ltd.
  • Dupont
  • Toyobo Co.
  • Milliken & Company
  • Huntsman International LLC
  • Kimberly-Clark’s
  • Nobletex Industries Ltd. 

 

Authors: Kiran Pulidindi, Akshay Prakash

Frequently Asked Questions (FAQ) :

Global technical textiles market share is slated to surpass USD 230 billion by 2028 and is predicted to register 4.8% CAGR between 2022-2028.

Global technical textiles market revenue from synthetic polymers will cross USD 120 billion by 2028 because this material acts as an effective replacement for natural fibers due to environmental concerns.

Technical textiles industry volume share from the mobiltech segment will reach more than 15 million tons by 2028, as the material has widespread applications in ships & railways, cars, and the aerospace sector.

Asia Pacific held around 35% share of global technical textiles industry in 2021 as there is a robust demand for these materials in the regional transport, clothing, and construction sectors.

Freudenberg Performance Materials, Asahi Kasei, Toyobo Co., Dupont, Heathcoat Fabrics Ltd., Milliken & Company, and Kimberly-Clark’s, among many others, are the prominent market players worldwide.

Technical Textiles Market Scope

  • Technical Textiles Market Size
  • Technical Textiles Market Analysis
  • Technical Textiles Market Share

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    Premium Report Details

    • Base Year: 2021
    • Companies covered: 15
    • Tables & Figures: 367
    • Countries covered: 18
    • Pages: 300
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