February 19, 2025
Technical Textile Market Size

Agrotech is Fastest Growing Segment fueling the growth of Technical Textile Market

The global Technical Textile Market is estimated to be valued at US$ 4575.47 Mn in 2023 and is expected to exhibit a CAGR of 5.2% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview:
Technical textiles refer to textile materials and products manufactured primarily for their technical performance and functional properties rather than aesthetic or decorative characteristics. They include textiles for agrotech, buildtech, clothtech, geotech, hometech, indutech, medtech, mobiltech, packtech, prototech, sporttech.

Market key trends:
One of the major trends in the technical textile market is the rising demand for agrotech textiles. Agrotech textiles are widely used in agriculture and horticulture applications such as plant protection nets, ground covers, plant transportation sheets, woven fabrics for seedling propagation units, and jute sacks for carrying fertilizers and food grains. These textiles help protect crops from hail, frost, birds, insects and weed, thereby increasing crop yields. The burgeoning population has increased global demand for food, thus fueling growth of agrotech technical textiles.
Segment Analysis

The Global Technical Textile Market is segmented by process type, material, and application. The material type segment is further divided into coated or laminated material, scrim, backing, upholstery, felt, and others. Among these, the coated or laminated material segment dominates the market and is expected to continue its dominance over the forecast period. This is due to increasing usage of coated or laminated technical textiles in applications like transportation, medical, construction, and protective wear, owing to their protective, durable and long-lasting properties.

Key Takeaways

The global technical textile market is expected to witness high growth, exhibiting a CAGR of 5.2% over the forecast period, due to increasing demand from end-use industries like transportation, protective wear, construction, and medical.

Regional analysis

Asia Pacific dominates the global technical textile market with a share of over 35%, due to rapid industrialization and growing construction activities in major economies like China and India. The region is expected to continue its dominance over the forecast period, driven by increasing investments in infrastructure and transportation sector in developing Asian countries. Europe is the second largest market for technical textiles globally.

Key players

Key players operating in the technical textile market are Low & Bonar PLC, Ahlstrom Group, E. I. du Pont de Nemours and Company (DuPont), 3M Company, Polymer Group Inc., Milliken & Company Inc., Arville Textiles Ltd., Dickson-Constant, Baltex, and Freudenberg & Co. KG. DuPont and Low & Bonar PLC have emerged as the leading players due to their extensive product portfolio and global presence across regions.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it

Money Singh
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Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemicals and materials, defense and aerospace, consumer goods, etc. 

Money Singh

Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemicals and materials, defense and aerospace, consumer goods, etc. 

View all posts by Money Singh →