Europe Technical Textile Market Size & Outlook, 2022-2030
Europe technical textile market, 2018-2030 (US$M)
Related Markets
Europe technical textile market highlights
- The Europe technical textile market generated a revenue of USD 42,150.1 million in 2022.
- The market is expected to grow at a CAGR of 4.6% from 2023 to 2030.
- In terms of segment, transportation was the largest revenue generating application in 2022.
- Construction is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, Turkey is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 42,150.1 million |
| Market revenue in 2030 | USD 60,267.8 million |
| Growth rate | 4.6% (CAGR from 2022 to 2030) |
| Largest segment | Transportation |
| Fastest growing segment | Construction |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Construction, Transportation, Protective, Medical |
| Key market players worldwide | Freudenberg, Berry Global Group Inc, Ahlstrom-Munksjö, Asahi Kasei Corp, Kimberly-Clark Corp, Mitsui Chemicals Inc, Huntsman Corp, Toray Industries Inc |
Other key industry trends
- In terms of revenue, Europe region accounted for 19.3% of the global technical textile market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 254,342.7 million by 2030.
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Technical Textile Market Scope
Technical Textile Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe technical textile market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to technical textile market will help companies and investors design strategic landscapes.
Transportation was the largest segment with a revenue share of 13.43% in 2022. Horizon Databook has segmented the Europe technical textile market based on construction, transportation, protective, medical covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for technical textiles in household and fashion & clothing applications is expected to provide substantial growth opportunities for the market in Europe over the forecast period. A similar trend is anticipated to reflect in France and Italy among other countries in the region.
Strict regulations imposed by the REACH and ECHA on product quality and distribution of synthetic fabrics are expected to boost the focus of manufacturers to provide optimum product quality.
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Target buyers of Europe technical textile market databook
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Our clientele includes a mix of technical textile market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe technical textile market , including forecasts for subscribers. This continent databook contains high-level insights into Europe technical textile market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe Technical Textile Market Outlook Share, 2022 & 2030 (US$M)
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