India Technical Textile Market Size & Outlook, 2022-2030
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India technical textile market highlights
- The India technical textile market generated a revenue of USD 24,943.9 million in 2022 and is expected to reach USD 60,379.4 million by 2030.
- The India market is expected to grow at a CAGR of 11.7% from 2023 to 2030.
- In terms of segment, transportation was the largest revenue generating application in 2022.
- Protective is the most lucrative application segment registering the fastest growth during the forecast period.
Technical textile market data book summary
| Market revenue in 2022 | USD 24,943.9 million |
| Market revenue in 2030 | USD 60,379.4 million |
| Growth rate | 11.7% (CAGR from 2022 to 2030) |
| Largest segment | Transportation |
| Fastest growing segment | Protective |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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, India accounted for 11.4% of the global technical textile market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China technical textile market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 60,379.4 million by 2030.
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Technical Textile Market Scope
Technical Textile Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Ahlstrom-Munksjö | View profile | 5001-10000 | Helsinki, Southern Finland, Finland, Europe | https://www.ahlstrom-munksjo.com/ |
| Freudenberg | View profile | 10001+ | Weinheim, Baden-Wurttemberg, Germany, Europe | http://www.freudenberg.com |
| Mitsui Chemicals Inc | View profile | 18933 | 1-5-2, Higashi-Shimbashi, Shiodome City Center, Minato-ku, Tokyo, Japan, 105-7122 | http://group.mitsuichemicals.com |
| Berry Global Group Inc | View profile | 44000 | 101 Oakley Street, Evansville, IN, United States, 47710 | https://www.berryglobal.com |
| Toray Industries Inc | View profile | 48682 | Nihonbashi Mitsui Tower 2-1-1, Nihonbashi Muromach, Chuo-ku, Tokyo, Japan, 103-8666 | http://www.toray.co.jp |
| Huntsman Corp | View profile | 6000 | 10003 Woodloch Forest Drive, The Woodlands, TX, United States, 77380 | https://www.huntsman.com |
| Asahi Kasei Corp | View profile | 48897 | 1-105 Kanda Jinbocho, Chiyoda-ku, Tokyo, Japan, 101-8101 | http://www.asahi-kasei.co.jp |
| Kimberly-Clark Corp | View profile | 41000 | P.O. Box 619100, Dallas, TX, United States, 75261-9100 | https://www.kimberly-clark.com |
India 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 8.13% in 2022. Horizon Databook has segmented the India technical textile market based on construction, transportation, protective, medical covering the revenue growth of each sub-segment from 2018 to 2030.
The Government of India emphasized the development of textile industry, specifically by focusing on increasing the application scope across the industries.
Technical textiles and nonwoven fabrics are being considered as among the most dynamic segments of textile industry, which are expected to register notable gains on account of their increasing application scope in automotive and aerospace industries.
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Target buyers of India 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 country-level data and insights on the India technical textile market , including forecasts for subscribers. This country databook contains high-level insights into India technical textile market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India technical textile market size, by application, 2018-2030 (US$M)
India Technical Textile Market Outlook Share, 2022 & 2030 (US$M)
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