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Technical Textile Market to Exceed Valuation of USD 307.63 Billion by 2032

May 25, 2023

According to a new report by Reports and Data, the global market for technical textiles is projected to reach USD 307.63 Billion by 2032. Technical textiles are functional fabrics used in various industries, including construction, home textiles, automobiles, and medical. These textiles possess enhanced properties compared to conventional textiles.

The demand for technical textiles is driven by the construction and automotive sectors, which require insulating products, rubber, floor coverings, protective gears, and more. Geotextiles, in particular, are experiencing a surge in demand, contributing to the growth of the technical fibers economy. While technical textiles generate toxic waste, they are recyclable. However, the high cost of finished goods and raw materials poses a challenge to the technical textile market.

These factors collectively present opportunities for market growth, although the unfavorable effects of technical textiles impose limitations. Each factor is expected to have a definite impact during the forecast period. Continuous advancements in the technical textile market have improved the efficiency of these textiles through innovative efforts.

Europe's demography is shifting towards the textile market, with applications in mobile technology, eco-technology, and other technical textile sectors. The European market is emerging due to the utilization of technical textiles in the medical industry. Germany is the leading market in Europe, accounting for 50% of the region's technical textile production.

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Additional key findings from the report include:

Key participants in the market include Asahi Kasei, Berry Global Group, Mitsui Chemicals, Kimberly Clarke, Koninklijke Ten Cate, International Textile Group, Toyobo Co., SRF Limited, Lanxess, and DuPont, among others.

For the purpose of this report, Reports and Data segmented the global technical textile market based on material type, process type, application, and region:

Material Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2020-2032):

Product Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2020-2032):

Applications Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2020-2032):

Technical Textile Market: Drive factors

The technical textile market is driven by several factors that contribute to its growth and development. Some of the key drive factors include:

These drive factors collectively contribute to the growth and expansion of the technical textile market globally.

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About Reports and Data

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behaviour shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.


John W, Head of Business DevelopmentReports And Data | Web: www.reportsanddata.comDirect Line: +1-212-710-1370E-mail: [email protected] | Twitter | Blogs

Get a sample copy of the technical textiles Market report: Additional key findings from the report include: Technical Textile Market: Drive factors Explore Trending Reports: Request a customization of the report: About Reports and Data Contact: John W,