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Technical Textile Market: The Nonwoven Segment Is Expected To Grow
Technical Textile Market: The Nonwoven Segment Is Expected To Grow
Introduction:
Technical Textile Market includes by Material i.e. Natural Fiber, Synthetic Polymer, Metal, Mineral,
Regenerated Fiber, by Process (Woven, Knitted, Non-woven), by Application (Mobiltech, Indutech,
Protech, Buildtech, Packtech). The market has grown exponentially in the last few years, and this
trend is projected to continue. The growing awareness about the superior functionality and
application of technical textiles encourages the higher consumption of technical textiles and related
products. Furthermore, growth in the automobile, construction, healthcare, packaging, and various
other sectors has generated new opportunities for technical textiles.
Based on process, the nonwoven segment is expected to be the fastest growing during the forecast
period. Additionally, advancements in weaving technology such as 3D weaving are expected to drive
the technical textile segment during the forecast period.
The APAC region is projected to account for the largest share in the technical textile market:
The APAC region is projected to lead the technical textile market, in terms of both value and volume.
Higher domestic demand, along with the availability of low-cost labour, makes this region the most
attractive market for technical textile manufacturers. Hence, the market players are focusing on this
region to gain a larger share and increase their profitability. Factors such as improving global
economy, expanding working population, and rising domestic demand for hygiene products are
expected to boost the market for technical textile.
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