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Growth of Technical Textiles Industry Increased Interest in HIGHTEX 2024

Press Release | HIGHTEX 2024
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Growth of Technical Textiles Industry Increased Interest in HIGHTEX 2024

HIGHTEX 2024 Exhibition, which will bring together the world’s leading technical textile and nonwoven manufacturers and technology leaders with global buyers, will open its doors to visitors on 4-8 June 2024. HIGHTEX 2024, which attracts great interest from domestic and foreign companies, will host thousands of industry representatives and visitors from all over the world.

International Technical Textiles and Nonwovens Exhibition-HIGHTEX 2024, the first and only exhibition of its field in Turkey, will be held at Tüyap Fair and Congress Centre between 4-8 June next year. Preparations are underway for the HIGHTEX 2024, where nonwoven products, raw materials used in production and the latest technologies will be exhibited. HIGHTEX 2024, which has become more important as technical textiles take up more space in all areas of our lives, attracts great interest from companies. HIGHTEX 2024 Exhibition, which is expected to reach a record occupancy rate as a result of the demand from the leading manufacturers of the sector and new entrepreneurs, will accelerate the technical textile and nonwoven sector.

Global Technical Textiles Market Expected to Reach USD 272 Billion by 2030

Although the use of technical and textile words together is surprising to most people, ‘technical textile’ products are used extensively in various areas of our daily lives, from home to automobile, from clothing to agriculture, from highways to hospitals. So much so that the share of technical textiles in the traditional textile sector has reached 45-50%. Unlike the traditional textile and ready-to-wear sectors, technical textiles are seen as a sector that is constantly growing strongly and promising for the future. This is also reflected in the research results. According to a new report prepared by Grand View Research Inc.; the global technical textile market size is expected to reach 272.33 billion dollars by 2030, recording a compound annual growth rate of 4.7%.

The Latest Technologies in Technical Textiles to be Exhibited at HIGHTEX 2024

The high demand for HIGHTEX 2024 shows the strong growth of the sector, the future of the technical textile industry and the importance given to innovation. As a matter of fact; technical textiles and nonwovens will be integrated into more industries and living spaces in the future. HIGHTEX 2024 Exhibition will be an important platform for those who want to accelerate this integration process and shape the future of the industry.

At HIGHTEX 2024, which will bring together the leading manufacturers and suppliers of the sector with professional visitors; the latest products in many fields such as medical, automotive, aerospace, hygiene, agriculture, food, construction, smart textiles and geotextiles will be exhibited. HIGHTEX 2024 will not only provide exhibitors with opportunities for collaboration and networking, but also the opportunity to learn the latest trends, develop innovative products and strategies for the future.

The Product Group Showing the Strongest Growth: Medical Textiles

The medical textile product portfolio, most of which are disposable, includes surgical threads, surgical gowns, operating theatre drapes, bandages, plasters, medical masks. In addition to the increase in the world population, it is estimated that the awareness of the importance of better healthcare and effective medical treatments will increase the demand for medical textile products. The global medical textile market size of 24.70 billion dollars in 2020 is expected to reach 48.04 billion dollars by 2030.

Transportation Textiles Market to Grow Further with Increasing Automobile Production

Transportation textiles, also called automotive textiles or mobiltech, account for around 23% of the total technical textiles market. Transportation textiles are mainly used in land, sea, air transportation vehicles and space industry. The global transportation textile market size reached 31.16 billion dollars in 2022. The market is expected to reach 45.55 billion dollars by 2032, at a CAGR of 3.87%. With the increase in car production and more emphasis on safety devices, the market is expected to gain more volume in the future.

The Need to Increase Agricultural Production will Increase Demand for Agricultural Textiles

It is estimated that the world population will reach approximately 8.5 billion by 2030. Due to rapid population growth, food demand is expected to increase. The need to increase agricultural production also increases the demand for agricultural textiles. Because agrotextiles help improve crop quality and agricultural productivity by minimising soil erosion, increasing soil temperature and inhibiting weed growth. The agro textile market is projected to be 20.2 billion dollars by 2028.

Building Textiles Market is Projected to Reach 135.4 Billion Dollars by 2027

Construction textiles are used to improve the performance, durability and aesthetics of building structures. Increasing demand for eco-friendly and energy-efficient building materials, growing demand for cost-efficient, sustainable building materials and technological advancements in textile production are ensuring the growth of the building textiles market. The global market for building textiles, which has grown rapidly in recent years due to factors such as increasing population and urbanisation, reached a value of 108.2 billion dollars in 2022. It is expected to reach 135.4 billion dollars by 2027.

Increase in Housing Construction to Grow Home Technical Textiles Market

Nonwoven products used in home textiles and furniture sector are called hometech, i.e. home technical textiles. In 2022, home technical textiles accounted for 19.50% of global technical textile exports. The global home technical textiles market is projected to reach 33 billion dollars by 2033 with a growth rate of 5.1%. Interest in Hometech products is expected to witness a positive trend in the coming period, especially with the increase in housing construction in emerging economies.

Food Textiles Market is Growing Rapidly Due to Reducing Waste and Hygienic Benefits

Easy-to-clean nonwoven and technical textiles are preferred for transporting, shelving, heating and serving the products in the production environment. Food textiles are expected to be the fastest growing product group due to their hygienic benefits, reducing food waste and contributing to the nutrition problem. The global food tech market was worth $220.32 billion in 2019, according to Emergen Research, and is estimated to grow to 342.52 billion dollars by 2027.

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