Email
Print
Technical Textiles Market Overview
The global technical textiles
market size is forecast to reach US$210.1 billion in 2027 after growing at a CAGR
of 6% during 2022-2027. The growing demand for synthetic polymer is expected to spur the growth
of the technical textiles market owing to its superior properties like
sustainability and high strength. Polypropylene, polyethersulfone, and polyacrylonitrile are some of the most
commonly used synthetic
polymers in the technical textiles industry. Regenerated fiber uses will witness decent
demand during the forecast period. The non-oven process is projected to support
the growth of the target market owing to its ability to improve the properties
of synthetic polymers
and natural fibers and the cheap production process compared to other
processes. The mobiltech segment is poised to drive the growth of the technical
textiles market due to its high usage in the automotive sector. With the rapid
expansion of the automobile industry, technical textiles will witness huge
demand as they are used in different automotive parts like, seat belts, tires,
seat covers, etc. However, the high manufacturing cost of technical textiles
might hinder the growth of the technical textiles market during the forecast
period.
COVID-19 Challenges
Unlike
other industries which suffered severely due to the COVID-19 pandemic, with
disturbances like disruption in supply chain and factory shutdown, the
technical textile market witnessed growth due to the huge demand for technical
textiles. The surge in technical textiles during COVID-19 is attributed to
increased demand for protective gowns and mask in the healthcare sector
globally. For instance, according to Invest India data, India, which is an
entirely PPE kits import-dependent country, raised its production of PPE kits
from 0 in March 2020 to 2.5 lakh PPE kits per day in sixty days. Similarly,
regions in North America and Europe witnessed high demand for protective
equipment which increased the demand for technical textiles during COVID-19.
Going forward, technical textiles will continue to experience good market
demand.
Report Coverage
The report: “Technical Textiles Market Forecast (2022 -2027)”, by IndustryARC, covers an in-depth analysis of the following segments of the Technical Textiles Industry.
By Type: Natural Fibers, Synthetic Polymer, Polyethersulfone, Polyacrylonitrile, Polyamide, Polypropylene,
Polyester, Others, Nano Materials, Regenerated Fibers.
By Process: Woven,
Non-Woven, Knitted, Others.
By Application: Agrotech, Buildtech, Clothtech, Geotech, Hometech,
Indutech, Meditech, Mobiltech, Oekotech, Packtech, Protech, Sportech, Others.
By End Use Industry: Automotive, Healthcare, Construction, Marine,
Aerospace and Defence, Sports, Agriculture, Clothing, Others.
By Geography: North America (USA, Canada, Mexico), Europe (UK, Germany, France, Italy,
Netherlands, Spain, Russia, Belgium, Rest of Europe), Asia Pacific (China,
Japan, India, South Korea, Australia, and New Zealand, Indonesia, Taiwan,
Malaysia, Rest of Asia Pacific), South America (Brazil, Argentina,
Colombia and Rest of South America), and RoW (Middle East and Africa).
Key Takeaways
- The synthetic polymer segment is projected to drive the growth of the technical textiles market owing to its superior strength which makes it suitable for making high heat resistance protective clothing in various industries.
- Asia Pacific region is anticipated to drive the growth of the market owing to the huge expansion in the automotive sector, especially in emerging economies like China, Japan, and India. As per the China Association of Automobile Manufacturers (CAAM) reports, the Chinese automotive sector is poised to stay on a progressive track with estimated massive production growth in the electric vehicle segment.
- The automotive industry is anticipated to drive the market’s growth
due to the increasing production of automobiles globally. For instance, as
per India Brand Equity Foundation (IBEF) data, in 2020, India ranked fifth
in the world’s largest auto market with a total sale of 3.49 million units
combining the passenger and commercial vehicles segment.
Figure: Asia Pacific Technical Textiles Market Revenue, 2021-2027 (US$ Billion)
For more details on this report - Request for Sample
Technical Textiles Market - By Type
The synthetic polymer segment dominated the market in 2021 and is growing at a CAGR of 6.2% in the forecast period. This type of polymer is a popular name in the target market owing to its high strength and stiffness qualities. The robust qualities allow the synthetic polymer to play a vital role in the textile industry. This form of polymer is used in multiple applications such as heat resistance protective clothing for first responders and industrial workers, bullet proof vests, heavy-lifting lines, high-performance sporting goods, and so on. Synthetic polymers such as polypropylene, polyacrylonitrile, polyethersulfone are commonly used in the technical textiles market, especially to make high resistance protective clothing and safety vests in industries like firefighting and the military. For instance, in a recent development, Netherland based company Tencate, which deals with technical textile and synthetic polymers like polypropylene and polyamide, launched a new high thermal resistance technical textile protective clothing in 2020, named Tecasafe One, which protects people working in firefighting service and industries under very harsh conditions. This product was crafted due to the increasing demand for technical textile-based industrial protective clothing. Such high quality of technical textile-based thermal resistance clothing development in the synthetic polymer sector will drive the growth of the technical textiles market in the forecast period.
Technical Textiles Market - By Process
The non-oven segment dominated the technical textiles market in 2021 owing to the increasing demand for disposable medical supplies such as surgical masks, hand gloves, bandage elastic adhesive, adhesive plaster, etc. in the healthcare sector. The non-ovens process is preferred over traditional textiles owing to their excellent properties like strength, absorption, smoothness, softness, stretchability, comfort & fit, and cost-effectiveness. The demand for technical textiles-based hygiene products is increasing rapidly due to Covid-19, which, in turn, provides new opportunities for the manufacturers in the non-woven hygiene product sector. For instance, Finland-based company Ahlstrom-Munksjo, which deals with non-oven products, increased its non-oven production in 2020 across its entire protective materials portfolio, owing to the increased demand for protective medical equipment during COVID-19. The company expanded the manufacturing of surgical masks, respiratory masks, and civil masks. Going forward, the company aims to keep expanding its non-oven production process to prepare protective materials meeting the highest performance requirements. Such developments through the non-oven process will support the growth of the technical textiles market during the forecast period.
Technical Textiles Market - By Application
Mobiltech dominated the technical textiles market in 2021. This segment is poised to support the growth of the market during the forecast period owing to the expansion in the automotive sector. Mobiltech technical textiles are widely used in automotive parts such as airbags, sun visors, seating upholstery, tire cords & linear, seat belts, and others. The automotive sector globally is witnessing a surge in automobiles across all segments ranging from electric vehicles to commercial vehicles. For instance, as per the 2020 statistics by Chinese online auto information provider Autohome, by 2025, the annual sales volume of new energy vehicles (NEVs) is projected to go past 3 million units compared to 1.2 million units in 2019. Similarly, as per the European Automobile Manufacturers Association (ACEA) data, the commercial vehicle registration increased by 95.3% in March 2021 compared to the same period one year earlier. This huge automobile demand across different regions will witness more production of vehicle parts like airbags, sun visors, seating upholstery, tire cords & linear, seat belts, etc, which will ultimately require more mobiltech technical textiles, thereby, contributing immensely to the growth of technical textiles market during the forecast period.
Technical Textiles Market – By End Use Industry
The automotive industry dominated technical textiles market in 2021 and is growing at a CAGR of 6.4% during the forecast period, owing to the high production of automobiles globally. Technical textiles are used in various automobiles parts such as insulation felts, tyre cord, seat belt webbing, airbag, seat covers, etc. The massive expansion of the automobile sector worldwide will propel the use of mobiltech technical textiles. For instance, as per the report by India Brand Equity Foundation (IBEF), by 2025, the Indian electric vehicle market is poised to be a US$ 7.09 billion market opportunity. Similarly, the automobile sector in the European region is witnessing excellent development in the passenger cars segment, as, in June 2021, the passenger car registrations jumped by +10.4% compared to the same period in 2020. These growing figures in the automotive sector globally will increase the production of mobiltech technical textiles used vehicle parts, which, in turn, will drive the growth of the target market during the forecast period.
Apart from the automotive industry, buildtech technical textile is projected to contribute to the growth of the target market owing to higher spending in infrastructure construction, especially in building construction. Buildtech technical textile is widely used in scaffolding nets which wraps the buildings, protects workers, and provides safe containment of debris. The construction of new buildings globally has increased in 2021. For instance, according to the 2021 statistical report by European Construction Industry Federation, the European housebuilding segment is poised to witness a 5.5% investment growth rate in 2021, which will expand the building construction in the region and increase the demand for buildtech technical textile-based scaffolding nets, ultimately contributing to the growth of technical textiles market in the forecast period.
Technical Textiles Market - By Geography
The Asia-Pacific region held a 32% share in the technical textiles market in 2021, owing to increasing demand in the automotive industry, mostly in emerging economies like China, India, and Japan. Technical textile is widely used in multiple vehicle parts such as seat belts, airbags, tyre cord, etc and the expanding automobile market will help the technical textiles market grow. China is anticipated to contribute extensively to the automobile sector in the region owing to the excellent demand for NEVs (New Energy Vehicles). As per a report by Autohome, the passenger vehicle segment is anticipated to go past 30 million by 2029 compared to 21.44 million units in 2019. Similarly, the Indian automotive industry is also expected to be on a progressive track in the forecast period. As per the reports by India Brand Equity Foundation (IBEF) report, Foreign Direct Investment (FDI) received by India between April 2000 to March 2021 for the automotive sector development was valued at US$ 25.85 billion. Such positive development in the Asia Pacific automotive sector will increase the demand for mobiltech technical textiles, thereby boosting the growth of the target market during the forecast period.
The European region is expected to contribute significantly to the market’s growth during the forecast period owing to the increasing demand for electrically chargeable vehicles (EVs). As per the European Automobile Manufacturers Association (ACEA) report, the electrically-chargeable vehicles segment registered a jump in sales by making 10.5% of total car sales in 2020 compared to only 3% in 2019. This upward trend in the European automotive sector will require more vehicular parts like seat belts and airbags, surging the growth of the target market.
Technical Textiles Market Drivers
Increasing demand for protective clothing in multiple end use industry will boost the growth of the technical textiles market
Technical textiles are widely used in the manufacturing of high-strength protective clothing in the various end-use industries such as firefighting, military, healthcare sector, etc. The growing demand for protective clothing in these industries is anticipated to drive the market’s growth. Regenerated fiber and synthetic polymers such as polyester witness significant demand in the healthcare sector. In a recent development, US-based industrial manufacturer Milliken, which deals with technical textiles, provided 10 million yards of medical protective clothing since March 2020 owing to the global shortage of personal protective equipment (PPE) during the COVID-19 pandemic. In another development, Netherland-based technical textile protective clothing manufacturing company Tencate is developing new protective clothing for IJsselland Safety Regio, which deals with fire fighting service. Such huge demands for protective clothing across the different end-use industries will support the growth of the technical textiles market in the forecast period.
Expanding automobile industry globally will spur the market’s growth during the forecast period
The rising demand for automobiles across the
globe is anticipated to drive the market growth in the forecasts period.
Mobiltech technical textiles are widely used in numerous vehicular parts
ranging from seat belts, seating upholstery, airbags, and, so on. Automotive
production is increasing globally in the current times. For instance, the new
commercial vehicle registration in the European Union region jumped by 12.4% in
June 2021 compared to the same period in the previous year. Similarly, as per
the 2020 Autohome report, Chinese consumers can be seen spending more on cars
and car-related loans in the forecast period, due to the change in the attitude
of Chinese customers towards higher investment in cars. This increasing demand
for automobiles globally will spur the market’s growth as it will also boost the
requirement of automotive parts made up of technical textiles.
Technical Textiles Market Challenges
The high production cost of technical textiles might create a dent in the growth of the market
The production of technical textiles involves a complex process that results in higher production costs of technical textiles, and this might hinder the growth of the target market. The technical textile requires advanced manufacturing infrastructure which is not easy to set up and is cost-sensitive. For instance, as per the August 2019 report by the Federation of Indian Chambers of Commerce & Industry (FICCI), due to high capital requirements, setting up factories for technical textile production is still a challenge. Furthermore, the procurement of the technical textile raw material is also high, which, in turn, increases the total cost of the final product and creates a situation where the manufacturers are left with less scope for profit margin. Therefore, the high production cost of technical textiles might hinder the growth of the market.
Technical Textiles Industry Outlook
Investment in R&D activities, acquisitions, and technology launches are key strategies adopted by players in the market. Technical Textiles top 10 companies include:
- Tencate
- Asahi Kasei
- Kimberly Clarke
- Berry Global Group, DuPont
- Mitsui Chemicals, Freudenberg & Co.
- Huntsman
- Milliken
- Others
Acquisitions/Product Launches
- In May 2020, US based company Berry Global that deals with protective solutions, announced the expansion plan of its Meltex melt-blown capacity which will have a new asset to support the increased demand for face masks during Covid-19. The new asset will be used for the manufacturing of non-woven protection materials and filter materials for premium FFP3 (N99) and FFP2 (N95) grade filter media. Since, this new line deals with non-oven base products, this will contribute to the growth of the technical textiles market during the forecast period.