Europe Technical Textile Market, By Material (Natural Fiber, Synthetic Polymer, Mineral, Regenerated Fiber, Others), Technology (Spinning, Weaving, Knitting, Finishing, Nanotechnology, Others), Process (Knitted, Non-Woven, Woven, Others), Application (MobilTech, InduTech, SportTech, BuildTech, HomeTech, ClothTech, MediTech, AgroTech, ProTech, PackTech, OekoTech, GeoTech), Country (Germany, U.K., France, Italy, Spain, Netherlands, Russia, Switzerland, Turkey, Austria, Norway, Hungary, Lithuania, Ireland, Poland and Rest of Europe) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Europe Technical Textile Market
The technical textile market is expected to witness market growth at a rate of 10.5% in the forecast period of 2021 to 2028. Data Bridge Market Research report on technical textile market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increase in demand for the product for various industrial applications is escalating the growth of technical textile market.
Technical textile refers to a high performance textile with special functionalities. This type of textile is used in a wide range of applications such as ropes, belts, diapers, breathing masks, covers, wound care products, and bedding, among others. They are utilized as special accessory in different processes for the manufacturing of various products including gloves, military uniforms, and car covers in the region.
The rise in demand for lightweight and fuel-efficient transportation vehicles across the globe acts as one of the major factors driving the growth of technical textile market. The increase in adoption of technical textiles in agriculture and farming activities for enhancing the crop yield and modernization, and rise in demand of medical grade masks in hospital and other healthcare centers accelerate the market growth. The use of the product in application in the manufacturing of surgical hosiery, caps, beddings, sheets, pillow cover, and uniforms, and rise in popularity of geo-tech textiles owning to the incidence of soil erosion further influence the market. Additionally, growth in awareness, expansion of various end use industries, rapid industrialization and awareness regarding environmentally-friendly fabrics and regulatory framework positively affect the technical textile market. Furthermore, introduction of modern technologies and high demand for sustainable solutions for water treatment and soil erosion protection extends profitable opportunities to the market players in the forecast period of 2021 to 2028.
On the other hand, fluctuations in raw material prices and cost-to-benefit ratio a concern for small manufacturers are expected to obstruct the market growth. Availability issues regarding raw materials for technical textiles, and varying environmental mandates across regions are projected to challenge the technical textile market in the forecast period of 2021-2028.
This technical textile market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on technical textile market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Europe Technical Textile Market Scope and Market Size
The technical textile market is segmented on the basis of material, technology, process and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of material, the technical textile market is segmented into natural fiber, synthetic polymer, mineral, regenerated fiber and others. Natuiral Fiber is further segmented into cotton, wool and others. Synthetic polymer is further segmented into Polyethersulfone (PES), Polyamide (PA), Polyacrylonitrile (PAN), Polypropylene (PP), Polyester and Others. Mineral is further segmented into asbestos, glass, ceramic fiber, metal, regenerated fiber, rayon, acetate and others.
- On the basis of technology, the technical textile market is segmented into spinning, weaving, knitting, finishing, nanotechnology and others.
- On the basis of process, the technical textile market is segmented into knitted, non-woven, woven, and others.
- On the basis of application, the technical textile market is segmented into MobilTech, InduTech, SportTech, BuildTech, HomeTech, ClothTech, MediTech, AgroTech, ProTech, PackTech, OekoTech, and GeoTech.
Europe Technical Textile Market Country Level Analysis
The technical textile market is analyzed and market size insights and trends are provided by country, material, technology, process and application as referenced above.
The countries covered in the Europe technical textile market report are Germany, U.K., France, Italy, Spain, Netherlands, Russia, Switzerland, Turkey, Austria, Norway, Hungary, Lithuania, Ireland, Poland and Rest of Europe.
Germany dominates the Europe technical textile market due to the advancements in the technology within the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Europe Technical Textile Market Share Analysis
The technical textile market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to technical textile market.
The major players covered in the technical textile market report are DuPont, Ahlstrom-Munksjö, Freudenberg Performance Materials, Mitsui Chemicals, Inc., Alexium International, Berry Global Inc., DeRoyal Industries, Inc, Swift Textile Metalizing LLC, Toyobo Co., Ltd., Asahi Kasei Corporation, SRF Limited, ITG Company, Koninklijke Ten Cate bv, Lenzing Plastics, and Low & Bonar, among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.