Demands for Technical Textile Market factmr.com

Technical Textile Market Outlook (2022-2032)
The global technical textile market size is estimated at US$ 220 Bn in 2022, and is forecast to reach a valuation of US$ 370 Bn by 2032, expanding at a CAGR of 5.3% over the next ten years.

As per detailed analysis by Fact.MR, the technical textile market is estimated to account for nearly 43% of global textile sales by 2032. Technical textile consumption stood at around 42 Mn MT in 2021, and is predicted to reach 67 Mn MT by 2032.

Technical textiles are used in a wide range of industries such as medical, automotive, construction, industrial, and sports, which has increased rapidly over the past half-decade. Projections are that growth in these very industries will have a direct impact on demand for engineered textiles over the coming years.