GLOBAL TECHNICAL TEXTILE MARKET

The worldwide technical textile market is expected to increase at a CAGR of 6.2 percent over the next five years. Technical textiles are goods that outperform traditional textiles in terms of performance. Synthetic and natural fibres are among the materials used in the manufacturing process. The synthetic fibres used in these applications are created by combining a number of different chemical procedures on natural fibres to give them new qualities. These fibres have better properties than artificial fibres, such as increased strength; as a result, they are widely employed not only in garments, but also in medical, automotive, and other applications. As a result of their growing range of uses, global demand for various technical textile products has steadily expanded. Construction, sports, environmental protection, automotive, protective gear, and healthcare industries account for the majority of technical textile demand. Growing knowledge of technical textile’s benefits is expected to drive demand in a variety of industries, including agriculture, aerospace, medical, and packaging. Biotechnology advancements have ushered in a quick shift in traditional farming methods toward a more scientific approach. The adoption and use of high-efficiency technologies in agriculture is predicted to boost crop output, influencing overall productivity and technical textile demand. Technical fabrics’ outstanding features, such as excellent strength, adaptability, and performance, make them suitable for a wide range of industrial applications. Due to climatic instability, limited water availability, and the possibility of bug and pest damage to crops, farmers are changing their focus to agro-tech products. These agro-tech products are predicted to increase agricultural productivity, resulting in market expansion.

TECHNICAL TEXTILE SEGMENTS

• Agrotech (Agro Textiles)
• Buildtech (Construction Textiles)
• Clothtech (Clothing Textiles)
• Geotech (Geo Textiles)
• Hometech (Home Textiles)
• Indutech (Industrial Textiles)
• Meditech (Medical Textiles)
• Mobiltech (Automotive Textiles)
• Packtech (Packaging Textiles)
• Protech (Protective Textiles)
• Sportech (Sports Textiles)

INDIAN TECHNICAL TEXTILES INDUSTRY

The technical textiles market in India is predicted to increase significantly. Technical textiles are goods and textile materials that are primarily employed for their utilitarian and technological aspects rather than for their decorative and aesthetic qualities. India is becoming a major player in the technical textiles industry. India has become a crucial market for technical textile products as a result of its rapid economic expansion, which has resulted in more disposable income and infrastructural development. Furthermore, due to its technology and qualified people, as well as the increasing availability of raw materials, the country has developed a footing in the production of technical textiles. Hometech, Packtech, and Clothtech are the most important segments of the Indian industry, accounting for roughly 65 percent of the country’s technical textiles market, while Geotech, Hometech, Sportech, Oekotech, Packtech, and Indutech are expected to rise rapidly. Jute carpet backing, flexible intermediate bulk containers, crop covers, hessian, tarpaulins, surgical dressings, and fishnets are among the commoditized technical textile items produced in India.

TOP PLAYERS WORLDWIDE:

• Ahlstrom-Munksjo
• Ambika Polymer
• Anjani Udyog Pvt Ltd.
• Asahi Kasei Corporation
• Baltex
• Berkshire Hathaway Inc.
• Berry Global Group, Inc.
• Dupont De Nemours, Inc. (Dupont)
• Duvaltex
• Freudenberg Group
• Ginni Filaments Ltd
• GSE Environmental
• Huesker Synthetic GMBH
• Kama Holdings Limited
• Koninklijke Ten Cate BV
• Low & Bonar PLC
• Milliken & Company
• Mitsui Chemicals, Inc.
• Reliance Industries
• Skaps Industries.
• Supreme Nonwovens Pvt Ltd.