Title: Technical Textiles Market - Forecast (2022-2027)
1Technical Textiles MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
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- The global technical textiles market size is
forecast to reach US210.1 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.
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- 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.
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- 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.
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- Technical Textiles Industry Outlook
- Tencate
- Asahi Kasei
- Kimberly Clarke
- Berry Global Group, DuPont
- Mitsui Chemicals, Freudenberg Co.
- Huntsman
- Milliken
- Others
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Technical Textiles Market Learn More About the
Report _at_ https//www.industryarc.com/Research/T
echnical-Textiles-Market-Research-503599
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- Analyst Briefing
- Data Tables
- Key Contacts
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503599
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