As per the report published by Allied Market Research, the global recycled textile market generated $5.6 billion in 2019 and is expected to reach $7.6 billion by 2027, growing at a CAGR of 3.6% from 2020 to 2027. The report offers a comprehensive market overview, major segments, key winning strategies, changing market dynamics, business performance, and competitive scenarios. 

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Eswara Prasad, Manager, Materials & Chemicals at Allied Market Research stated, "Increase in the global adoption of textile due to rise in population and the lower cost of recycled textile propel the global recycled textile market growth. Benefits including wastewater saving and energy saving drive the market. However, lack of consumer awareness, lack of equipment, and higher processing costs hinder the market growth. On the contrary, technological developments in recycling process will create many lucrative opportunities in the market.”

COVID-19 Scenario:

• The COVID-19 deeply impacted the recycled textiles market across the globe due to international trade bans and lock-downs.
• The market is anticipated to register a recovery as the vaccination is rolled out in many countries and travel restrictions are getting lifted gradually.
• The suppliers operating in the market were hit hard as the collection of waste/second-hand clothing declined during the COVID-19 pandemic.

The report offers detailed segmentation of the global recycled textile market based on basis of type, end-user industry, and region. 

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Based on type, the recycled polyester segment held nearly half of the total market revenue in 2019, and is expected to lead the global recycled textile market by 2027. On the other hand, the recycled nylon segment is expected to exhibit the fastest CAGR of 4.0% from 2020 to 2027.

Based on the end-user industry, the retail segment contributed to more than two-fifths of the total market share in 2019, and is predicted to lead by the end of 2027. The automotive segment, however, would manifest the fastest CAGR of 5.7% from 2020 to 2027.

Based on region, Asia-Pacific was responsible for the highest share in 2019, contributing to more than one-third of the global recycled textile market. On the other hand, North America would manifest the fastest CAGR of 4.1% from 2020 to 2027. The report also covers the market of North America and Europe.

Key leading players of the global recycled textile market include Kishco Group, Chindi, Leigh Fibers Inc., Khaloom, Usha Yarns Ltd., Anandi Enterprises, Martex Fiber, Hyosung TNC Co. Ltd., Renewcell AB, and Otto Garne.

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About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to offer business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.

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Industry Insights

The Technical Textiles industry was valued around USD 143.75 billion in 2014, owing to increasing diverse end use applications. Technical textile is mainly developed to fulfill non-aesthetic functions such as safety and comfort. Molded with advanced technology to perform the specific function such as a shield for humans in extreme weather conditions, these types of textiles are named in various ways such as technical textile, industrial textile, and functional textile.

Major factors that are expected to influence the industry include the technological breakthrough in medical textiles to amplify opportunities for surgical and diagnostic tools. Also, growing demand for geotextiles in anticipated to be yet another driver for the market.

Developing markets of the Asia Pacific, Middle East, and Latin American region are expected to drive product demand, especially in the automotive industry in the regions. Technical textiles are used for the construction of transportation system accessories such as airbags, air balloons and seat covers.

Specific characteristics of the product such as high durability, adaptability, and superior performance make this technology attracted by various textile manufacturers. These textiles owing to their superior properties over traditional textiles are being used to provide special functions.

Increasing R&D investments by the industrial participant in the past few years have been the main factor in the development of various novel products. As product demand have been seen increasing significantly in the past few years the industry players have been seen taking serious steps to develop novel applications in accordance with demand from the consumers. These trends are anticipated to drive the market over the forecast period.

The versatility of technical textiles has made them applicable to various fields in the textile industry. High raw material cost including both natural or manmade is anticipated to be a major challenge for industry participants. The absence of sufficient skilled workforce globally for manufacturing of these products is expected to be yet another factor to restraint the industry growth over the forecast period. The reinforcement of embankments is presumed to offer sufficient opportunities for the industry participants over the forecast period owing to the fact that it is global accepted. Emerging need of quality products and services in Latin America and Asia Pacific is anticipated to witness fast acceptance of these products across various industries.

Technology Insights

Apart from natural fibers such as cotton and jute artificially developed fibers, filaments and yarns are some prominent raw material used in the manufacturing of technical textiles. Technologies such as 3D knitting, thermoforming, 3D weaving, heat-set methods, finishing treatments, nanotechnology, hand-made methods, and others are the leading manufacturing technologies in the present scenario. Thermoforming, 3D knitting, and 3D weaving are the mainly used methods towing to better quality in the end product. Nanotechnology being the new process in developing technical textiles are expected to witness higher acceptability over the forecast period.

Textiles thermoforming is a heat treatment process that is used to mold composites that contain fabric layers. Indutech, Mobiltech, Hometech and Packtech, segments majorly use this technology. Products such as conveyor belts, spacer fabrics, surgical implants geotextiles, and webbings are manufactured using 3D weaving process.

The heat-set process is a thermal process which is carried out either in moist or dry heat atmosphere. Three-dimensional knitting technology can give an accurate measurement. It results with minimum requirements for cutting the final product and is used to manufacture complete garments. The innovation of this technology led to the minimization of post labor work, with more efficiency regarding time and productivity.

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End-Use Insights

The global technical textile industry has been divided into various segments that include indutech(Industrial Textile), mobiltech(automobile), sportech(Sports Textile), hometech(Domestic Textile), buildtech(Construction textiles), clothtech(Clothing textile), agrotech(agro textile), packtech(ackaging Textile), meditech(Health Care Textile), protech(Protecting Textile), and others.

Owing to the rapid and constant advancement in automobile technology, mobiltech has the largest share in the overall market in the recent past which was followed by the Indutech technology.

Regional Insights

Asia Pacific industry dominated the industry in 2014. It is expected to account for around 43% of the overall demand by 2022. North American market is expected to decline moderately in the next few years owing to moderate growth of the end-use industries. Various countries in the Asia Pacific region such as India and China are expected to be some of the leading markets in the region.

Increasing infrastructure development in Asia Pacific and Central & South American regions owing to various initiatives taken the respective governments and the developing healthcare industry in these region is expected to augment demand for these products in the next few years.

Competitive Insights

The market is fragmented with numerous multinationals such as Strata Geosystems Ind. Pvt. Ltd., DuPoint, Johnson & Johnson, Ibena Textilewerke GmbH, SRF, and Ahlstrom. These industry participants are involving in various acquisitions with various other multinational or local manufactures and even distributors with the aim of increasing their annual production and also enhance product range.

Industry players such as Avintiv have recently increased its product prices and have also taken over Duonor S.A.S as a strategic move in order to meet regional demand and acquire substantial market share with the integration of novel technologies.

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The global Automotive Textiles Market is expected to value at USD 31.75 billion by 2024. Automotive textiles industry is subject to witness a substantial growth due to the increasing demand for advanced safety features in both lightweight and heavyweight vehicles, and mandatory administrative regulations for incorporation of safety measures, majorly in the developed economies such as U.S. and the UK. Factors responsible for sustained market growth, in the recent years, include large number of production lines in automotive manufacturing from Asia Pacific region and rising number of vehicles sales each year across the globe.

Additionally, increasing investment by leading industry players to promote adoption of automotive textiles is expected drive the growth of automotive textile market over the forecast period. Increasing vehicle manufacturing in Asia-Pacific region and growing penetration of automotive sector in both developing and developed economies are predicted to foster market expansion in the upcoming years. However, lack of awareness among users about benefits of automotive textile solutions and higher initial cost of the products are expected to restrain market growth to a certain extent.

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Increasing demand for advanced textiles and large number of application in automotive across Asia Pacific region are expected to favor market growth. Rising awareness regarding large-scale use of automotive textiles due to its properties such as environmental-friendly and bio-degradability are estimated to fuel the growth of automotive textile industry over the forecast period. Other factors responsible for amplifying market value of automotive textiles are easy availability, and variety of clothing materials with range of stylish designs, bright colors, and attractive prints.

Numerous governmental initiatives promoting use of woven textiles instead of artificial fibers are estimated to boost the market demand for automotive textiles in near future. Additionally, stringent governmental laws and regulation prevalent in the respective regions in regards to the environmental impact of artificial textiles are positively affecting market performance over the last few years.

However, regulations such as anti-dumping duties on the large-scale import of automotive textiles and raw materials are hampering market performance to a certain extent. Furthermore, variations in prices of raw materials and price suppressions prevailed on imports of automotive textiles are restraining market growth. The increase in the overall manufacturing of automotive textiles Asia-Pacific countries such as China, Taiwan, and India are leasing to an oversupply in these countries.

The automotive textiles market is broadly categorized into four major segments based on the application type such as upholstery, tires, safety devices and engine components. The upholstery devices is considered as one of the fastest growing segment in the automotive textiles industry with substantial revenue generation in the last few years. Growing popularity of automotive textiles in the upholstery segment is attributed to the higher market penetration. The safety devices segment has also witnessed substantial growth due to the growing user awareness and stringent government regulation regarding adoption of safety features in the vehicles.

Automotive textile market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in automotive sector, increase in the number of research & development activities in the region and existence of well-established industrial infrastructure. Asia-Pacific region is predicted to hold major market share in the automotive textiles with massive growth in forecast period. Countries such as India, China and Japan are leading the Asia-Pacific market with rapid industrialization, robust growth of automotive sector, favorable government laws & regulations, and significant investment by leading industry players considering potential growth opportunities in the region.

The key players in the automotive textile industry are Trevira Co., E. I. du Pont de Nemours and Company, Sage Automotive Interiors, Inc., Baltex Ltd., Reliance Industries Ltd., Auto Textile S.A, Global Safety Textiles Co., SMS Auto Fabrics, Inc., Autoliv Co., Lear Co., Johnson Controls, Inc., Suminoe Textile Co., Ltd., ASGLAWO Technofibre, Inc., and CMI-Enterprises, Inc.

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Market Segment:

Automotive Textiles Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)
    • Woven
    • Nonwoven
    • Composites
    • Others

Automotive Textiles Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)
    • Upholstery
    • Tires
    • Safety Devices
    • Engine Components
    • Others

Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

Contact Person:

Ryan Manuel

Research Support Specialist, USA

Email:ryan@millioninsights.com