Middle East & Africa Technical Textile Market Size & Outlook
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MEA technical textile market highlights
- The MEA technical textile market generated a revenue of USD 8,623.8 million in 2022.
- The market is expected to grow at a CAGR of 3.1% from 2023 to 2030.
- In terms of segment, protective was the largest revenue generating application in 2022.
- Protective is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, Iran is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 8,623.8 million |
| Market revenue in 2030 | USD 11,050.5 million |
| Growth rate | 3.1% (CAGR from 2022 to 2030) |
| Largest segment | Protective |
| Fastest growing segment | Protective |
| 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, MEA region accounted for 3.9% 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.
Key Regions: U.S. , UK , Japan , Brazil , Saudi Arabia
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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 |
Middle East & Africa 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.
Protective was the largest segment with a revenue share of 33.54% in 2022. Horizon Databook has segmented the Middle East & Africa technical textile market based on construction, transportation, protective, medical covering the revenue growth of each sub-segment from 2018 to 2030.
The presence of a notable healthcare sector coupled with increasing investments in the sector is expected to provide the necessary impetus to the growth of technical textiles market in the region.
In addition, the use of geotextiles in industrial and agriculture sectors is expected to grow on account of their increased adoption and technological advancements, which, in turn, is expected to drive technical textiles market over the forecast period.
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Target buyers of Middle East & Africa 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 Middle East & Africa technical textile market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa technical textile market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Middle East & Africa Technical Textile Market Outlook Share, 2022 & 2030 (US$M)
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