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    Home > Research Reports > Technical Textile Market Poised for Growth, Reaching US$ 406 Billion by 2034
    Research Reports

    Technical Textile Market Poised for Growth, Reaching US$ 406 Billion by 2034

    Technical Textile Market Poised for Growth, Reaching US$ 406 Billion by 2034

    Published by Jessica Weisman-Pitts

    Posted on April 3, 2025

    Featured image for article about Research Reports

    Use of Technical Textiles Increasing in Agriculture and Packaging Worldwide: Fact.MR Report

    Technical textiles have multi-dimensional properties such as high strength and durability and are, as such, exhibiting increased demand for use in aerospace, construction, agriculture, and packaging. As per this updated study by Fact.MR, the global technical textile market is set to reach US$ 242.2 billion in 2024 and further advance steadily at 5.3% CAGR through 2034.

    Growing awareness of the benefits of technical textiles is projected to drive their demand across various end-use industries such as construction, agriculture, medical, aerospace, and packaging. Biotechnological innovations have significantly transformed traditional farming methods into a more scientific approach. The use of advanced technologies such as technical textiles in farming helps boost crop yield and ensure crop protection, thereby increasing overall agricultural productivity.

    Increasing use of technical textiles in the automotive and construction sectors, encompassing applications like floor coverings, rubber, protective gear, flexible reservoirs, and bags for critical goods, is significantly contributing to market growth. Increased adoption of technical textiles is primarily driven by their multifaceted properties such as high strength, versatility, lightweight, and durability.

    For More Insights into the Market, Request a Sample of this Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=7096 

    Key Takeaways from Market Study

    • The global technical textile market has been forecasted to reach a size of US$ 406 billion by 2034.
    • The market in North America is forecasted to expand at a 5.6% CAGR from 2024 to 2034.
    • East Asia is projected to hold 28.3% of the global market share by 2034.
    • North America is forecasted to occupy 24.3% market share by 2034.
    • Use of natural fiber in technical textile production is projected to increase at a 5.9% CAGR from 2024 to 2034.
    • The East Asian technical textile market is projected to expand at 5.9% CAGR through 2034.

    “Advancements in technical textile production are driven by innovation and sustainable practices. These advancements are enhancing the functionality and performance of technical textiles, thus driving market growth,” says a Fact.MR analyst.

    Market Developments

    Leading technical textile manufacturers are 3M Company, Ahlstrom Corporation, Arville Textiles Ltd., Asahi Kasei, and Avintiv.

    • Bemberg, a product category of Asahi Kasei Corporation, has introduced a new array of products and partnerships to improve its smart fashion offerings. This recent launch aims to broaden the company’s applications in luxury and fashion wear such as knitwear, casualwear, and jerseys.
    • In 2021, Milliken & Company expanded its business by acquiring Encapsys, LLC from the Cypress Performance Group LLC. Encapsys, LLC is known for offering innovative solutions to a diverse range of sectors such as textiles, personal care, home care, and agriculture. This strategic acquisition has enabled Milliken & Company to enrich its product offerings in the textile market.

    Technical Textile Industry News:

    Technical textile manufacturers are implementing strategic initiatives to deliver high-quality, cost-effective solutions. One key approach involves forming partnerships with globally recognized manufacturers to enhance product innovation and market reach.

    In 2022, Asahi Kasei Advance inaugurated its Airbag Fabric facility in Vietnam. The textiles produced at this site boast exceptional strength, durability, and heat resistance. By strategically situating its manufacturing unit in Vietnam, the company aims to meet the growing demand for technical textiles in the automotive sector.

    In 2021, 3M introduced its Thinsulate technology, featuring 60% post-consumer recycled material. This initiative underscores the company's commitment to advancing innovation and research in technical textiles while gaining a competitive edge in high-performance materials.

    Leading Players Driving Innovation in the Technical Textile Market:

    Key industry participants like 3M Company; Ahlstrom Corporation; Arville Textiles Ltd.; Asahi Kasei; Avintiv; Baltex; Berry Global; Dickson-Constant etc. are driving the technical textile industry.

    Get Customization on this Report for Specific Research Solutions: https://www.factmr.com/connectus/sample?flag=S&rep_id=7096 

    More Valuable Insights on Offer

    Fact.MR, in its new offering, presents an unbiased analysis of the technical textile market for 2019 to 2023 and forecast market statistics for 2024 to 2034.

    The study divulges essential insights into the market based on material (natural fiber, regenerated fiber, polymer, metal), process (woven, knitted, non-woven), and application (Agrotech, Buildtech, Hometech, Indutech, Sportech, Mobiltech, Packtech, Meditech, Clothtech, Geotech, Protech, Oekotech), across seven major regions of the world (North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia & Pacific, and MEA).

    Check out More Related Studies Published by Fact.MR Research:

    Textile market size is estimated at US$ 1,065.6 billion in 2024 and is calculated to increase at a CAGR of 3.7% and reach US$ 1,532.4 billion by 2034.

    Textile coatings market was valued at USD 3,845 million in 2024 and has been forecasted to expand at a noteworthy CAGR of 4.3% to end up at USD 6,101 million by 2035.

    Textile chemicals market is estimated at USD 26.5 Billion in 2022 and is forecast to surpass USD 40.6 Billion by 2032, growing at a CAGR of 4.3% from 2022 to 2032.

    Textile machinery market size is projected to reach US$ 4.24 billion by the end of 2034, up from US$ 1.47 billion in 2024. Worldwide demand for textile machinery is forecasted to increase at a CAGR of 11.2% through 2034.

    Canvas fabric market is estimated to reach a valuation of US$ 909.9 million in 2023 and further expand at a CAGR of 5.9% to reach US$ 1,614.7 million by the end of 2033.

    Conductive textile market is estimated to be valued at US$ 2.6 billion in 2023 and it is anticipated to grow at a CAGR of 12.0% to reach US$ 8.2 billion by the end of 2033.

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