Europe Technical Textiles & Fiberglass Market was valued at USD 1.1 Billion in 2022 and is projected to reach USD 1.8 Billion by 2030, growing at a CAGR of 6.4% from 2024 to 2030.
The European technical textiles and fiberglass markets have experienced significant growth, driven by diverse industrial applications and evolving requirements. Understanding the types and specific demands from various industries offers valuable insights into these dynamic sectors.
Technical Textiles: Diverse Applications and Industry Needs
Technical textiles, valued at €26 billion in 2021, encompass products designed for functional applications across multiple industries. The European technical textile industry has been experiencing steady growth, with a market growth rate projected at 10.5% from 2021 to 2028. This growth can be attributed to the increasing demand for technical textiles in various sectors such as fashion, medical field, automotive, construction, and more. Key categories include:
Mobiltech: Used in automotive and aerospace sectors for components like seat belts and airbags, emphasizing durability and safety.
Medtech: Employed in healthcare for products such as surgical gowns and implants, requiring biocompatibility and sterilization capabilities.
Buildtech: Applied in construction for materials like scaffolding nets and roofing, focusing on strength and environmental resistance.
Industries demand technical textiles that offer enhanced performance, sustainability, and compliance with stringent regulations. The rise in demand for lightweight and fuel-efficient transportation vehicles across the globe acts as one of the major factors driving the growth of technical textile market. The increase in adoption of technical textiles in agriculture and farming activities for enhancing the crop yield and modernization, and rise in demand of medical grade masks in hospital and other healthcare centers accelerate the market growth. citeturn0search4
Fiberglass: Market Trends and Industrial Requirements
The European fiberglass market is projected to reach an estimated $2.9 billion by 2028, with a compound annual growth rate (CAGR) of 0.7% from 2022 to 2028. citeturn0search1 This growth is propelled by its applications in various sectors:
Transportation: Fiberglass is utilized in manufacturing lightweight vehicle components, contributing to fuel efficiency and reduced emissions.
Construction: Used for insulation and structural elements, fiberglass offers durability and thermal resistance, aligning with energy efficiency standards.
Wind Energy: Essential in producing wind turbine blades, fiberglass provides the necessary strength-to-weight ratio, supporting renewable energy initiatives.
Industries require fiberglass materials that balance strength, weight, and cost-effectiveness. The increasing demand for lightweight and high-strength materials in various industries such as automotive, aerospace, and construction is expected to boost the demand for fiberglass and other composite materials. citeturn0search17
Industry Challenges and Strategic Responses
Both sectors face challenges such as competition from subsidized imports and the need for sustainable practices. The European market has become a target for heavily subsidized imports by Chinese glass fiber companies producing primarily in China, Egypt, and Bahrain. citeturn0search5 To address these issues, companies are investing in innovation, focusing on eco-friendly products, and advocating for fair trade policies to maintain competitiveness.
In conclusion, the European technical textiles and fiberglass markets are integral to various industries, each with specific requirements. By aligning product development with industry needs and regulatory standards, these sectors can continue to thrive and contribute to Europe's industrial landscape.
Get an In-Depth Research Analysis of the Europe Technical Textiles & Fiberglass Market Size And Forecast [2025-2032]
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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
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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. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. 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 Europe 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 Europe 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. Europe Technical Textiles & Fiberglass Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Europe Technical Textiles & Fiberglass Market, By Type
6. Europe Technical Textiles & Fiberglass Market, By Application
7. Europe Technical Textiles & Fiberglass Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Europe Technical Textiles & Fiberglass Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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