Industrial Fabrics Market to 2030 |Growth, Analysis, Trends, Industry Analysis and Overview
Industrial Fabrics Market overview
The global industrial fabrics
market has been segmented by fiber type, application, and region.
By fiber type, the global
industrial fabrics market has been divided into polyamide, polyester, aramid,
composite, and others. The polyester segment is leading the market owing to its
superior properties such as strong, flexible, dries quickly, resists wrinkles
and shrinking, and inexpensive. The aramid fibers segment is expected to
register a highest CAGR owing to the increasing demand from the protective and
flame-resistant clothing during the review period.
Based on application, the market
has been segmented into automotive carpet, conveyor belts, transmission belts,
protective apparels, flame resistant apparel, filter media, and others. The
automotive carpet accounted for a major market share in 2017, owing to the high
production and sales of automobiles across the globe. This can be attributed to
the high disposable income and the luxurious lifestyle trend of the consumers
coupled with the desirable properties of industrial fabrics such as tensile
strength, heat resistance, chemical resistance, and controlled elongation.
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Industrial Fabrics Market
Regional Analysis
Regionally, the global market has
been segmented into five regions, namely, Asia-Pacific, North America, Europe,
Latin America, and the Middle East & Africa.
The market in Asia-Pacific
dominated the global industrial fabrics market growth in 2017
due to the high demand from automotive and construction industry. The rapid
industrialization and urbanization in the emerging economies such as India,
Thailand, and Indonesia are the primary factor affecting the growth of
the Industrial fabrics
market .
The high production and sales of
automobile parts in Western European countries such as Germany, Italy, UK, and
France are expected to drive the demand for automotive carpets, which will
further drive the demand for industrial fabrics.a
The demand for industrial fabrics
from the various end-use industries such as automotive, construction, and
medical is driving the demand for Industrial fabrics in the North American
region.
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Industrial Fabrics Market
Competitive Analysis
Some of the manufacturers
operating in the global industrial fabrics industry are Forbo
International SA (Switzerland), Ahlstrom-Munksjö (Finland), Habasit
(Switzerland), TORAY INDUSTRIES, INC. (Japan), ContiTech AG (Germany), Cerex
Advanced Fabrics, Inc. (US), W. Barnet GmbH & Co. KG (Germany), DowDuPont
(US), Johns Manville (US), and Fitesa SA (Brazil).
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