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GLOBAL TECHNICAL TEXTILE MARKET SIZE (2022-2030) in USD Million

 The Global technical textiles market expanded between 2022 and 2030 from $191,664.3 million to $296,942.8 million, representing a $105,278 million increase. This growth, reflecting a compound annual growth rate (CAGR) of 5.7%, indicates a steady upward trend disrupted by significant global events. Technical textiles are defined by theirfunctional performance such as mechanical strength, durability, and thermal or electrical resistance rather thantheir aesthetic qualities. This focus makes them ideal for demanding technical applications, including automotiveinteriors and, critically, protective clothing for sectors like the chemical industry and defense. Consequently, thegrowing emphasis on safety and protection across industries is driving significant demand for these materials inapparel like flame-resistant suits, chemical barriers, and high-visibility garments. The widespread need for Personal Protective Equipment (PPE) in industrial, healthcare, and emergency service settings further fuels growth withinthis vital segment of the technical textile market. The resulting surge in raw material costs, particularly crude oiland food, coupled with increased labor expenses, poses significant challenges to the textile and apparel sector,impacting the overall technical textiles market.

  01:26 PM, Aug 19

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