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

Published by Jessica Weisman-Pitts
Posted on April 3, 2025

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.
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Key Takeaways from Market Study
“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.
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.
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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:
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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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