Technical Textiles Market worth $324.83 billion in 2030 at 5.6%, says MarketsandMarkets™ [Yahoo! Finance]
ASAHI KAISEI CRP UNSP/ADR (AHKSY)
NASDAQ:AMEX Investor Relations:
asahi-kasei.co.jp/asahi/en/ir
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Source: Yahoo! Finance
size is expected to reach USD 324.83 billion in 2030 from USD 247.06 billion in 2025, at a CAGR of 5.6%, as per the recent study by MarketsandMarkets™. The global demand for technical textiles is on the rise, driven by their enhanced functional properties and a widening array of applications across various industries. Unlike conventional textiles, technical textiles are meticulously engineered for optimal performance, exhibiting key characteristics such as strength, durability, thermal resistance, chemical resistance, and moisture management. These attributes render them indispensable in sectors and industries such as automotive, construction, healthcare, agriculture, defense, and sports. The growing focus on safety and hygiene is propelling the demand for products such as personal protective equipment (PPE), medical textiles, and filtration materials. Concurrently, increased industrialization and infrastructure development—particularly in emerging economies—are amplifying the need
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