Industrial Fabrics Market Overview, Industry Top Manufactures, Market Size, Industry Growth Analysis & Forecast: 2021
18 November 2019 - Global Industrial
Fabrics Market is estimated to
grow considerably in the forecast period owing to the explosive demand for
industrial fabric due to increasing applications in various industries.
Industrial fabrics are widely used in applications like printing, filtering,
belting, automotive, processing application, and others. The different types of
industrial fibers used are carbon fabric, fiberglass, crewel, reflective,
quilted, laminated, vinyl, and narrow. Industrial fibers are used for various
uses like cleaning, wicking, protecting and filtering.
Increase
in demand for aramid fibers from military and defense sector, speedy developing
automobile industry and growing use in automotive industry and growing
applications in several industrial processes and products are few drivers of
industrial threads market. Furthermore, increasing use in the manufacturing of
different products are also driving the market growth. However, stringent
regulations for manufacturing of industrial fabric is hampering the growth of
industrial threads market.
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Increasing
innovations in the fabric quality for fashion industry is an emerging trend
observed in industrial fabrics market. Nonetheless, explosive demand from
filtration application is expected to offer opportunities to the market
players.
Market
is categorized on the basis of type, application, and geography. On the basis
of type, market is divided into polyester, aramid, polyamide, and composite
(carbon fiber, glass fiber). Polyester segment leads the market in forthcoming
years due to its characteristics like high durability, brilliant dimension
stability, high level of abrasion resistance, etc.
In
terms of application, market is divided into transmission belts, protective
apparel, flame resistant apparel, conveyor belts, and automotive carpet.
Automotive carpet segment is predicted to register significant growth of
industrial fabrics market in the coming years owing to the developing
automotive industry, especially in the developing economies.
Geographically,
market is segmented as North America, Latin America, Europe, Asia Pacific, and
Middle East & Africa. North America and Europe are expected to lead the
industrial fabrics market owing to the rise in demand from aerospace and
automotive industry. Asia Pacific region is also expected to dominate the
market owing to the developing fabric industry.
The
major players in industrial fabrics market are Cerex Advanced Fabrics Inc.,
Habasit AG, Ahlstrom-Munksjö, Johns Manville,ContiTech AG, Toray Industries
Inc., WForbo International SA, DowDuPont, and Barnet GmbH & Co. KG.
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