Saurashtra News

Key Driving Factors of The Technical Textile Market By 2022

 Breaking News
  • No posts were found

Key Driving Factors of The Technical Textile Market By 2022

November 23
00:01 2019
Key Driving Factors of The Technical Textile Market By 2022

Browse 204 market data Tables and 38 Figures spread through 191 Pages and in-depth TOC on “Technical Textile Market”
Technical Textile Market by Material (Natural Fiber, Synthetic Polymer, Metal, Mineral, Regenerated Fiber), by Process (Woven, Knitted, Non-woven), by Application (Mobiltech, Indutech, Protech, Buildtech, Packtech), and Region

The technical textile market is expected to witness significant growth in the future with the increasing popularity of its benefits and its high number of applications across various industries. Rapid industrialization, growing automotive demand, and high infrastructure investments, especially in emerging markets are expected to drive the global technical textile market. The technical textile market is projected to reach USD 220.37 billion by 2022, at a CAGR of 5.89% from 2017.

Request for sample report @

Based on material, the technical textile market is segmented into natural fiber, synthetic polymer, regenerated fiber, mineral, metal, and specialty fiber. The synthetic polymer segment is projected to grow at the highest CAGR from 2017 to 2022. These polymers have superior qualities than regular man-made fibers; therefore, they have wide industrial application.

Based on process, the technical textile market is segmented into woven, non-woven, knitted, and others. The woven segment is projected to grow at the highest CAGR from 2017 to 2022. Woven technical textiles find application in various industries such as medical & healthcare, household care, automobile, and others. The growth in these industries can be attributed to the rise in disposable income levels and rapid urbanization, which are subsequently driving the woven technical textile market.

Based on application, the mobiltech segment is projected to grow at the highest CAGR from 2017 to 2022. Growing demand in the automobile industry has been one of the most important drivers for the technical textile market, and it is expected to grow further over the next seven years. The revenue generated through sales of technical textile is expected to increase as a consequence.

Download PDF Brochure @

The technical textile market in the Asia Pacific region is projected to grow at the highest CAGR from 2017 to 2022; China projected to be the fastest-growing market, by country. According to the Population Reference Bureau, the fastest-growing consumer markets of China, India, and other Asia Pacific countries had a combined population exceeding four billion people (as of 2014), which is projected to become an increasingly important driver for global consumption of technical textile over the next two decades, led by the rapidly rising household incomes and the fast-growing middle-class population. Increased construction spending in emerging countries is expected to trigger the demand for technical textiles in buildings and construction which in turn is expected to drive the growth of the market.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.


Media Contact
Company Name: MarketsandMarkets
Contact Person: Mr. Shelly Singh
Email: Send Email
Phone: 1-888-600-6441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL
Country: United States

Related Articles