Growing at a CAGR of 5.7 per cent, the global technical textile market is poised to reach $331.8 billion by 2032. 

As per a report by Textile Today, growth in this market is likely to be driven by the advancements in science and technology, particularly in material science and technology, driving continuous innovation in the sector. Innovations in fiber and fabric technology have led to the creation of high-performance materials boasting attributes such as strength, durability, chemical resistance, and flame retardancy.

In 2024, synthetic polymers/fibers accounted for more than half of the worldwide technical textile market revenue. Synthetic fibers are widely used in automotive, apparel, building, filtration, and home furnishings industries. Woven textiles, categorised by weave, thread density, yarn count, and crimps, dominated the market, contributing to over five-eighths of the revenue.

Rapid urbanisation, population growth, increased construction and remodeling activities, and expansion in the automotive industry are driving market growth. The rise in sales of hybrid and electric vehicles further boosts product demand worldwide.

The healthcare sector contributes significantly to growth of the global technical textiles market with the rise in disposable medical clothing demand and the construction of healthcare facilities globally. Asia-Pacific is expected to rise as the fastest-growing region for technical textiles with growth driven by technological advancements in textile manufacturing.

Demand for industrial textiles is expected to rise during the forecast period, driven by applications in various sectors such as decatising cloth, bolting cloth, drive belts, and printed circuit boards. The growing population in emerging nations fuels demand for sanitary and personal care medical equipment, boosting growth in the medtech textile market.