Technical Textile Market Size

Technical Textile Market size was over USD 194.67 billion in 2023 and is anticipated to cross USD 420.34 billion by 2036, growing at more than 6.1% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of technical textile is estimated at USD 204.17 billion.

The global technical textile market is expected to witness a robust growth owing to the rising demand from end user industries for use as insulating products, rubber, floor covering, protective gear, and others. Moreover, factors such as the upsurge in demand for geotextile from developing economies, rise in demand for construction textiles, and increase in government initiatives to promote the use of technical textiles are expected to support the development of the market.