Technical Textiles Market To Hit US$ 338.8 Billion By 2032
The global technical textiles market, valued at US$ 209.38 billion in 2024, is projected to grow at a CAGR of 6.2%, reaching US$ 338.79 billion by 2032, according to Stellar Market Research. The growth is fuelled by rising demand across automotive, aerospace, healthcare, and protective clothing sectors, driven by a shift towards lightweight, durable, and energy-efficient materials.
Technical textiles, engineered for performance rather than aesthetics use advanced fibers like Kevlar, Spandex, and Nomex to deliver high strength, insulation, and thermal resistance. The Mobiltech segment, comprising textiles used in vehicles (e.g., seatbelts, airbags, insulation fabrics), holds the largest market share, supported by safety regulations, innovations in composites, and rising vehicle production.
Asia-Pacific leads global growth with a projected CAGR of 7.5%, propelled by strong manufacturing bases in India, China, South Korea, and Taiwan. Government support, abundant raw materials, and low-cost labor are positioning India as a key manufacturing hub for technical textiles.
Sustainability is shaping the sector’s future, with increased adoption of eco-friendly materials, water recycling systems, and bio-based fibres. Technologies like blockchain and AI are enhancing supply chain transparency, while growing demand for nano-fibres and smart textiles is fostering research and innovation.
Global players such as Freudenberg Group, DuPont, 3M, Berry Global, and Ahlstrom-Munksjö dominate the competitive landscape with advanced R&D capabilities and diversified portfolios.
