What is Technical Textiles Market Scope?
Due to the increasing applications of technical textile across the globe, the global technical textile market will show lucrative growth over the forecasted period. In addition to this, tech-textile possess various differentiating functions such as higher strength, thermal resistance, and many others. Technical textiles are the functional fabrics used in a variety of applications such as construction, mining, automobile, electronics, and many others. These textiles are manufactured from a number of synthetic fibres such as vinalon, saran, spandex, vinylon, modal, and many others.
The Technical Textiles market study is being classified by Type (Nonwovens Textiles, Composite Textiles and Traditional Textile) and major geographies with country level break-up.
Analysts at AMA predicts that Vendors from European will contribute to the maximum growth of Global Technical Textiles market throughout the predicted period.
E. I. du Pont de Nemours and Company (United States), Beaulieu Technical Textiles (Belgium), Ahlstrom-Munksjo Oyj (Finland), Techtex GmbH Vliesstoffe (Germany), Freudenberg Group (Germany), Honeywell International Inc. (United States), Johns Manville (United States), 3M Company (United States), Global-Safety-Textiles (Germany) and Kimberly-Clark Corporation (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are TWE Group GmbH (Germany), Alexium International Group Limited (Australia), J.M. Textiles Limited (India), Huntsman Corporation (United States) and Asahi Kasei Fibers Corporation (Japan).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Technical Textiles market by Type, Application and Region.
On the basis of geography, the market of Technical Textiles has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
On December 17, 2018, Beaulieu Engineered Products has launched a new best-in-class high-resilience polyamide (PA) yarn family offering broad design creativity to the contract market. The yarns are suitable for all kinds of carpet constructions. The company has also launched a unique polyolefin fiber enabling an “industry-first” in the cost-effective and more sustainable production of fully-recyclable needle punch carpets meeting current performance requirements named “Ultra-Bond”.
The Expert Committee on Technical Textiles (ECTT) constituted by the Ministry of Textiles has recommended mandatory prescriptions for certain items. One of the major deterrents for the expansion of usage of many technical textiles products is the absence of standards and regulatory legislation in India. In the United States and Western European countries, legislation for mandatory use of such products has led to increasing demand.
Influencing Market Trend
- 3D Printing, Environmentally Friendly Materials
- Increasing Adoption of Tech Textile Recycling, Upcycling
Market Drivers
- Agrotech Products offer Erosion Prevention and Paving Way for Afforestation will Escalate the Demand
- Increasing demand from Construction Concrete Reinforcement, Facade Foundation Systems
Opportunities
- Enhancements in Production Processes will generate Multiple Opportunities
- Inclusion of Highly Advanced Manufacturing Techniques for Quality Improvement
Restraints
- Comparatively Expensive Products Than Conventional Textile Products
- Volatile Environmental Standards Related to Textile Industry
Challenges
- Lack of Awareness for Tech Textiles from the Underdeveloped Economies
Key Target Audience
Raw material suppliers, Technical textile manufacturers, Technical textile importers and exporters, Technical textile traders, distributors, and suppliers, Technical textile consultants, Government and research organizations, Associations and industry bodies, Regulatory bodies and End users
Customization available in this Study:
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