Technical Textile Industry - Regional Synopsis
On the basis of regional analysis, the global technical textile market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region.
Asia Pacific industry is estimated to account for largest revenue share by 2037, owing to growing demand for apparel and functional clothing coupled with the expansion of residential, commercial, and industrial sectors, on account of sustainable economic growth. The European market is projected to witness rapid growth over the forecast period owing to the upsurge in the adoption of technical textiles in the medical, industrial, home textiles, and automotive sectors.
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Frequently Asked Questions (FAQ)
In the year 2025, the industry size of technical textile is estimated at USD 217.25 billion.
Technical Textile Market size was valued at USD 206.54 billion in 2024 and is set to exceed USD 445.97 billion by 2037, expanding at over 6.1% CAGR during the forecast period i.e., between 2025-2037.
Asia Pacific industry is estimated to account for largest revenue share by 2037, owing to growing demand for apparel and functional clothing coupled with the expansion of residential, commercial, and industrial sectors, on account of sustainable economic growth.
The major players in the market are Berry Global Group, Inc., DuPont de Nemours, Inc., Asahi Kasei Advance Corporation, Mitsui Chemicals, Inc., Freudenberg SE, Low & Bonar, Huntsman International LLC, Milliken & Company, SRF Limited, Lanxess AG, and others.
