Technical Textiles Market Worth $193.16 Billion
“Global technical textiles market demand was 26,58 million tons in 2014 and is expected to
reach 35.47 million tons by 2022, growing at a CAGR of 3.7% from 2015 to 2022”
According to a report, Technical Textiles Market Analysis By Technology (Thermoforming, 3D
Weaving, 3D Knitting, Nanofiber, Heat-Set Synthetics, Finishing Treatments, Hand-Made
Elements), By End-Use (Mobiltech, Indutech, Sportech, Buildtech, Hometech, Clothtech,
Meditech, Agrotech, Protech, Packtech) And Segment Forecasts To 2022,
Technical textiles have varying grades that are used for various applications. Such versatility is
presumed to complement the industry owing to wide acceptance across multiple industries. The high
raw material cost associated is expected to remain a key challenge for market participants.
To view press release of this report, click the link below:
www.grandviewresearch.com/press-release/global-technical-textiles-market
Asia Pacific technical textiles market dominated the global industry and is expected to continue this
dominance over the next seven years. It is projected to account for over 45% of the global consumption by
2022. North American share is projected to decline slightly over the forecast period owing to end-use
industry saturation.
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