Precision Business Insights has published a report on the global technical textiles market, estimating its value at USD 174.49 billion in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 6.2% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/technical-textiles-market
The technical textiles market refers to the industry focused on textiles engineered for functional and technical purposes rather than aesthetic or decorative use. These textiles are designed to meet specific performance criteria and are used across various industries, including agriculture, construction, healthcare, automotive, and aerospace.
Drivers:
1)Rising Demand for High-Performance Materials: Industries like automotive, construction, and healthcare require durable and functional textiles, boosting market growth.
2) Increased Use in Infrastructure Development: Geotextiles are widely used in civil engineering projects for soil stabilization and erosion control.
The global technical textiles market segmentation:
1) By Material: Natural Fiber, Synthetic Polymer, Metal Mineral, and Regenerated Fiber
2) By Process: Woven, Knitted, and Non-Woven
3) By Application: Mobiltech, Indutech, Protech, Buildtech, and Packtech
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Regional Overview:
The report also examines the current concerns and their Future Effects on the technical textiles market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the technical textiles market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
North America (U.S., Canada)
Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The competitive landscape is dominated by major players like asahi kasei corporation, ahlstrom-munksjö, baltex, berry global, inc., berkshire hathaway inc, dupont, duvaltex, freudenberg & co. kg, gse environmental, huesker synthetic gmbh, kama holdings limited, koninklijke ten cate b, mitsui chemicals, inc., milliken & company, skaps industries
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