The global high-performance textile market is growing at nine per cent a year.

Growth in the global high-performance textile market is expected to be driven by increasing demand for advanced textiles offering excellent combinations of quality, functionality and physical properties for innovative and diversified high-tech applications to cater to various end users and consumers.

New trends such as 3D technology in high-performance textiles, increasing demand for premium cars and adoption of safety features in the automotive industry, new product developments in protective clothing and increasing awareness about sustainability are further expected to provide opportunities for the market to grow in the coming years.

Advances in high-performance textiles in the sports industry, technological advances in the manufacturing of high-performance textiles and the growing demand for high-performance textiles in aerospace and defense are the demand drivers for the global high-performance textile market.

However, the high cost of production and scarcity of skilled labour are some key restraining factors for the market.Performance Textiles, Toray Industries, High-Performance Textiles GmbH, Mitsui Chemicals, Inc, Baltex , DuPont, Freudenberg Performance Materials, Hexcel Corporation, High Performance Textiles are some of the leading players in this segment, who are coming out with innovative products that are a smart blend of fashion and functionality.