North America Stable Technical Textile Market, By Process (Knitted, Non-Woven, Woven and Others), Material (Regenerated Fiber, Mineral, Synthetic Polymer, Natural Fiber, Metal, High Performance Fiber and Others), Application (Geotech, Oekotech, Mobiltech, Indutech, Packtech, Sportech, Protech, Buildtech, Agrotech, Hometech, Clothtech and Meditech), Technology (Spinning, Weaving, Knitting, Finishing, Nanotechnology and Others), Country (U.S., Canada and Mexico) Industry Trends and Forecast to 2028.
Market Analysis and Insights of Technical Textile Market
Data Bridge Market Research analyses that the technical textile market will witness a CAGR of 8.9% for the forecast period of 2021-2028. Growth in the demand for technical textile in U.S. and Canada, growing proliferation of new technologies, and surge in industrialization are the major factors attributable to the growth of the technical textile market.
Technical textiles are the products that are manufactured out of natural and synthetic fibres. Technical textiles are superior in quality to traditional textiles and exhibit higher strength and durability. Technical textiles are used as special accessories in the production of a wide range of end user products such as military uniforms, gloves, car covers and so on.
Growing promotional events and investment towards the textile industries by various governmental bodies is the root cause fuelling up the market growth rate. Growing awareness about the superior functionality and application of technical textiles and growth and expansion of various end user verticals especially in the developing economies will also directly and positively impact the growth rate of the market. Numerous emerging markets, growing implementation and employment of highly-efficient technologies in the agricultural industry and improving employment opportunities will further carve the way for the growth of the market.
However, insufficiency in raw material supply owing to the lockdown and fluctuations in their prices will pose a major challenge to the growth of the market. High costs associated with the finished products will dampen the market growth rate. Lack of technological expertise and varying environmental mandates across regions will also impede the market growth rate.
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 localised 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.
North America Technical Textile Market Scope and Market Size
The technical textile market is segmented on the basis of process, material, application and technology. 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 market.
On the basis of process, the technical textile market is segmented into four notable segments; knitted, non-woven, woven and others.
- On the basis of material, the technical textile market is segmented into seven notable segments; regenerated fiber, mineral, synthetic polymer, natural fiber, metal, high performance fiber and others. The regenerated fiber is sub-segmented into rayon and acetate. Mineral is sub-segmented into asbestos, glass and ceramic fiber. Synthetic polymer is sub-segmented into polyethersulfone, polyacrylonitrile, polypropylene, polyester and others. Natural fiber is sub-segmented into cotton, wool, silk, sisal, flax and others. High performance fiber is sub-segmented into aramid, carbon, UMHW polyethylene and others.
- On the basis of application, the technical textile market is segmented into twelve notable segments; geotech, oekotech, mobiltech, indutech, packtech, sportech, protech, buildtech, agrotech, hometech, clothtech and meditech. Geotech is sub-segmented into agro - based geotextiles and geosynthetics. Mobiltech is sub-segmented into nylon tyre cord, seat cover fabric / upholstery, helmets, insulation felts, automotive interior carpets, sunvisors / sunblinds, headliners, airbags, seat belt webbing, car body covers, airline disposables, aircraft webbings, TT usage in railways, aircrafts upholstery and others. Indutech is sub-segmented into industrial brushes, paper making fabrics, filtration products, computer printer ribbon, printed circuit boards, composites, ropes and cordages, coated abrasives, AGM glass battery separators, bolting cloth, decatising cloth, cigarette filter nods, drive belts and conveyor belts. Packtech is sub-segmented into leno bags, wrapping fabric, jute hessian and sacks, soft luggage products, tea-bags filter paper, woven sacks, fibcs and others. Sportech is sub-segmented into tents, swimwear, footwear components, sports nets, sleeping bags, hit air balloons, parachute fabrics, artificial turf, sports composites and others. Protech is sub-segmented into high altitude clothing, ballistic protective clothing, fire retardant apparels, high visibility clothing, NBC suits, industrial gloves and others. Buildtech is sub-segmented into architectural membranes, fllor and wall coverings, scaffolding nets, awnings and canopies, HDPE tarpaulins, hoardings and signaes and others. Agrotech is sub-segmented into anti-hail/bird protection nets, finishing nets, crop covers, mulch mats, shade nets and others. Hometech is sub-segmented into furniture fabrics, fiberfil, stuffed toys, blinds, mattress and pillow components, carpet backing cloth, mosquito nets, vacuum cleaner filters and others. Clothtech is sub-segmented into zip fastners, umbrella cloth, sewing threads, interlinings, labels, elastic narrow fabrics, shoe laces and others. Meditech is sub-segmented into surgical dressings, contact lenses, artificial implants, baby diapers, incontinence diapers, sanitary napkins, surgical sutures, surgical disposables and others.
- On the basis of technology, the technical textile market is segmented into six notable segments; spinning, weaving, knitting, finishing, nanotechnology and others.
North America Technical Textile Market Country Level Analysis
The technical textile market is analysed and market size, volume information is provided by country, process, material, application and technology as referenced above.
The countries covered in the technical textile market report are U.S., Canada and Mexico.
U.S. in North America region exhibits excellent technical textile market dominance during the forecast period owing to the growth in the demand for apparel and functional clothing and rising product demand in household and fashion and clothing applications.
The country section of the technical textile market 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 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 ITG-Group, DuPont, Ahlstrom-Munksjö, Freudenberg Performance Materials Holding SE & Co. KG, Koninklijke Ten Cate bv, Lenzing Plastics, Low & Bonar, Mitsui Chemicals, Inc., Present Alexium International, Berry Global Inc., DeRoyal Industries, Inc, Swift Textile Metalizing LLC, TOYOBO CO., LTD., Asahi Kasei Corporation, SRF LIMITED, among other. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.