Types of Technical Textiles: Market Value & Forecast

Technical textiles are a distinct class of textiles, designed for specific applications that demand properties not found in traditional textiles. Technical textiles are used in a wide array of end-use industries, with their classification being done on the basis of application in which they are used.

The main categories of technical textiles include,

  • Personal Protection Equipment (PPE)
  • Sports textiles (Sportech)
  • Agro textiles (Agrotech)
  • Medical textiles (Medtech)
  • Building textiles (Buildtech)
  • Packaging textiles (Packtech)
  • Environmentally-friendly textiles (Oekotex)

PPE 

Personal Protection Equipment (PPE) is used in the manufacture of protective clothing for fire fighters, welders, chemical industry workers, etc. Technical textiles are also used in making bullet proof jackets, and when coated with special chemicals, they can also be used for making astronaut suits. The market value of personal protection equipment textiles is estimated to be around US$ 2 Bn in 2014.

Sportech

Synthetic fibres and coatings have become the preferred textiles for making technical textiles among manufacturers. Technical textiles resistance to wear and tear makes them feasible for use in manufacturing sporting shoes and accessories. Commercially, the spotch market is anticipated to witness a compound annual growth rate (CAGR) of 5.5% between 2015 and 2020.

Browse Full: “Technical Textile Market: Global Industry Analysis and Opportunity Assessment 2015-2020” Market Research Report at http://www.futuremarketinsights.com/reports/technical-textiles-market

Agrotech 

Growing demand for textiles that brave the harsh climatic conditions is growing in the agriculture sector. Agrotech is widely used in functions related to growing and harvesting of crops. Forestry, healthcare, as well as poultry rearing are the other areas where Agrotech is widely used. The market value of Agrotech is anticipated to reach US$ 16.3 Bn by 2020.

Medtech 

The bandages and sutures used in the medical sector are manufactured with the help of technical textiles. Medtech, as it is known in industry, offers a host of advantages over technical textiles, such as resistance to moisture. The Medtech sector was valued at US$ 15 Bn by 2020.

Buildtech

Buildtech is used in concrete reinforcement, interior construction, visual protection, and protection against sunlight and rain. The boom in the construction sector, especially in Asia Pacific, has fuelled the demand for Buildtech, owing to which the market is expected to reach US$ 21.7 Bn in revenues by 2020.

Packtech

Packtech is used for making bags, bales, durable papers, tea bags etc. in the packaging sector. The advantages of Packtech over traditional materials have led to increased demand from the packaging industry, and it is expected that this sector will expand at a CAGR of 2.2% during the forecast period 2015-2020.

Oekotech

Rising awareness about environmental degradation has fuelled the demand for Oekotech globally. Eco-friendly textiles are widely used in air cleaning, water cleaning, product extraction, and erosion protection. Owing to the growing demand for Oekotech, the sector is anticipated to reach US$ 4 Bn by 2020.

Key Trends in the Technical Textile Market 

The key trends in the global technical textile market include growing demand for e-textiles, consumer-centric innovation, and government support to the technical textile industry.

E-textiles use a disruptive technology to eliminate the need of wires and hard electronics. The wearable technology segment is growing by the day, and it is anticipated that the demand for e-textiles will witness an upsurge in the near future.

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Technological innovation plays a key role in the growth of the technical textiles market. Leading players in the technical textiles market, including Low & Bonar, Du Pont, 3M, and Baltex are investing in research and development to produce superior products and consolidate their position in the market.

Government support for technical textile industry has played a major role in the development of the industry. Governments of Germany and India have extended their support to the industry by giving taxation benefits and importing manufacturing technology.

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