Industrial Fabric - Global Market Outlook (2017-2026)
According to Stratistics MRC, the Global Industrial Fabric Market is accounted for $113.65 billion in 2017 and is expected to reach $190.98 billion by 2026 growing at a CAGR of 5.9% during the forecast period. Factors such as rising usage of this fabric in automotive industry, increasing demand from both developed and developing parts of the world are driving the market growth. However, stringent government regulations pertaining to manufacturing fabrics is restricting the market growth.
Industrial fabrics are considered and engineered to be used in commodities, processes, or services of non-textile industries. It offers different useful properties such as high strength, abrasion confrontation. They can also be used in product manufacturing or used alone to perform one or several specific functions. Industrial fabrics differ from textile (apparel) fabrics in several ways. Industrial fabrics are made of higher performance fibers, yarns, and chemicals to prevent failures which could have dangerous consequences.
By Fiber, Polyamide segment is witnessing considerable growth due to the rising function in conveyor belts and programme belts. These fabrics tender various useful properties, such as good UV and scrape resistance, good tearing force, and ease of maintenance. Based on geography, Asia Pacific is considered to the fastest growing region. Expansion in automotive industry, rising demand for these fabrics among various industries and rapid industrialization are the factors fuelling the market growth in this region.
Some of the key players profiled in the Industrial Fabric Market include Ahlstrom-Munksjö, Beaulieu Technical Textiles, Berry Global Inc., Bridgestone Corporation, CBC India, Cerex Advanced Fabrics, Inc., Contitech AG, Dowdupont, Fitesa S.A., Forbo International Sa, Freudenberg & Co. Kg, G.R.Henderson Co. Textiles Ltd., Habasit AG, Johns Manville, Kimberly-Clark Corporation, The Yokohama Rubber Co., Ltd., Toray Industries, Inc., W. Barnet GmbH & Co. Kg, Wovlene Tec Fab India and Zenith Rubber.
Sales Channels Covered:
• Offline Channel
• Online Channel
• Composite (Glass & Carbon Fiber)
• Other Fibers
• Transmission Belt
• Protective Apparel
• Flame Resistant Apparel
• Conveyor Belt
• Automotive Carpet
• Other Applications
- North America
- Rest of Europe
- Asia Pacific
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
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- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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