Technical Textiles & Fiberglass Market size was valued at USD 38.2 Billion in 2024 and is projected to reach USD 65.2 Billion by 2033, exhibiting a CAGR of 6.8% from 2026 to 2033.
In 2022, the global technical textiles market was valued at approximately USD 213.68 billion, with projections indicating growth to USD 346.67 billion by 2030, reflecting a compound annual growth rate (CAGR) of 6.3%. The fiberglass market, a significant segment within technical textiles, was valued at USD 27.7 billion in 2022 and is anticipated to reach USD 44.3 billion by 2028, growing at a CAGR of 7.3% from 2023 to 2028. Regionally, Asia Pacific dominated the technical textiles market, accounting for 36.03% of the share in 2022, driven by rapid industrialization and infrastructural developments in countries like China and India. North America also held a substantial share, with the U.S. technical textiles market projected to reach approximately USD 85.30 billion by 2032, fueled by advancements in manufacturing and increased demand for high performance materials. The Asia Pacific region is expected to continue its dominance, with China, India, and Japan being major contributors to market growth. The increasing demand for technical textiles and fiberglass in various industries such as construction, automotive, and wind energy is driving market expansion in this region. In North America, the growing emphasis on lightweight and fuel efficient vehicles and aircraft is significantly driving the demand for these materials. Europe also holds a significant market share, with countries like Germany, France, and the United Kingdom contributing to the demand for sustainable and high performance materials in industries such as automotive, aerospace, and healthcare.
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Leo FiberGlass
TECHNICAL TEXTILES s.r.o.
Saint-Gobain Vetrotex
Leo Technical Textile
SRF Limited
Palmhive
V Technical Textiles Inc.(VTT)
Hrishikesh Industrial Fabrics
Arville Textiles Limited
Baltex
Dickson
China Beihai Group
Pella
Bondo
Crown Column
Plastpro
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Technical Textiles & Fiberglass Market
Woven
Non-Woven
Knitted
Glass Fiber
Carbon Fiber
Aramid Fiber
Natural Fiber
Aerospace & Defense
Automotive
Construction
Sports & Leisure
Medical
Industrial
Electrical & Electronics
Hand Lay-Up
Spray-Up
Compression Molding
Resin Transfer Molding (RTM)
Filament Winding
Epoxy
Polyester
Vinyl Ester
Phenolic
Polyurethane
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Technical Textiles & Fiberglass Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Technical Textiles & Fiberglass Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Technical Textiles & Fiberglass Market, By Type
6. Global Technical Textiles & Fiberglass Market, By Application
7. Global Technical Textiles & Fiberglass Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Technical Textiles & Fiberglass Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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