Industrial Fabric Market Revenue to close at USD 109.2 billion by 2027
Posted On September 08, 2021
The Global Industrial Fabric Market is foreseen to grow at a remarkable CAGR of 8.5% during the year 2021-2027 as estimated by the report from Value Market Research wherein the market value is expected to grow to USD 109.2 billion by 2027. A significant driver boosting the global industrial fabric market is the increasing use of industrial fabric in the form of automotive carpets in the automotive sector. Furthermore, increased demand for industrial textiles in various applications, owing to superior qualities such as high-temperature resistance, is likely to fuel the expansion of the market. Additionally, the rising demand for industrial textiles in filtration applications is likely to open up significant opportunities for the global industrial fabric market in the near future. Government restrictions governing the manufacture of industrial fabrics, on the other hand, are likely to constrain the worldwide industrial fabric market's growth.
Industrial fabrics are created to be employed in products, processes, or services where practical requirements take precedence over the aesthetic form often associated with textiles. Industrial fabrics can be used as a component portion of another product to change its strength, performance, and other characteristics. They are utilized in a wide range of applications, including automotive, printing, belting, filtering, and processing. Non-apparel industry experts employ them for intensive and high-performance applications. They can also be utilized in product manufacture or to conduct one or more specific functions. Textile (apparel) materials differ from industrial fabrics in various ways. Industrial fabrics are created using higher-performance fibers, yarns, and chemicals to avoid failures resulting in serious effects.
The geographical and segmentation study covered in the report "Global Industrial Fabric Market Report By Fiber Type (Polyester, Polyamide, Aramid, Composites, Others), By Application (Conveyor Belt, Transmission Belt, Protective Apparel, Automotive Carpet, Flame Resistance Apparel, Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2021-2027" helps in understanding the upcoming trends of the market.
On the basis of fiber type the market is segmented into Polyester, Polyamide, Aramid, Composites, Others. By application the industrial fabric market is categorised as Conveyor Belt, Transmission Belt, Protective Apparel, Automotive Carpet, Flame Resistance Apparel, Others .Geographically the research study provides data on North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions. This section provides the estimates of market by segment, thus providing valuable data to take strategic decisions.
The Report Segments Global Industrial Fabric Market -
By Fiber Type
- Conveyor Belt
- Transmission Belt
- Protective Apparel
- Automotive Carpet
- Flame Resistance Apparel
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Players Profiled In the Report:
Ahlstrom-Munksjö, Forbo International SA, Fitesa S.A., Habasit AGG.R.Henderson Co. Textiles Ltd., Johns Manville, Berry GlobalInc., Toray Industries, Inc., Contitech AG, Berry GlobalInc., Cerex Advanced Fabrics, Inc., Dowdupont, Russett Holdings, W. Barnet GmbH & Co. Kg, Beaulieu Technical Textiles, Bridgestone Corporation, he Yokohama Rubber Co., Ltd., CBC India, Freudenberg & Co. Kg, Zenith Rubber, Kimberly-Clark Corporation, Parishudh Fibres Pvt. Ltd., Wovlene Tec Fab India, Sage Automotive Interiors, Inc., and ACME Mills.
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