The growth of automotive industry, particularly in emerging markets of Asia Pacific, Latin America, and the Middle East, is expected to drive growth. Technical textiles are used for rubber products, balance, safety, insulating products, floor coverings, composites and protective gear in automobiles.

These textiles are known for their superior properties over their conventional counterparts and are used for special functionalities. Properties such as higher strength, versatility, and superior technical performance make them desirable for numerous industrial, commercial as well as domestic usages.

The global market is characterized by massive R&D investments made by industry participants that have resulted in innovations and novel products. Key industry participants have been taking ardent steps to develop novel applications in accordance with consumer demand and specifications. These trends are expected to drive the global technical textiles market over the forecast period.

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.

Growing acceptance of geotextiles is presumed to offer ample opportunities to the industry participants over the forecast period. Emerging regions such as Asia Pacific and Latin America are presumed to witness rapid technical textile acceptance across several industries.

Countries such as China, India and Brazil are projected to lead their respective regional markets. Such a trend in the developing regions promises ample opportunities for growth and development.

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Fibers, yarns, and filaments are the major products used in manufacturing technical textiles. Numerous technologies involved in the manufacturing includes 3D weaving, thermoforming, 3D knitting, heat-set methods, nanotechnology, hand-made methods, finishing treatments and others. Thermoforming, 3D weaving, and 3D knitting are the most mostly used methods. Newer technologies such as nanotechnology are projected to witness wide acceptance over the forecast period and offers ample scope for growth.

Thermoforming in textiles is a heat treatment process that is used to shape composites containing fabric layers into various shapes. This technology is widely adopted in the indutech, mobiltech, packtech, and hometech segments. 3D weaving is a weaving process used for manufacturing products such as spacer fabrics, geotextiles, surgical implants, webbings, conveyor belts and more.