The Global Industrial Fabric Market is Forecast to Touch USD xx Billion by 2027, Growing at a CAGR of xx % From 2020 to 2027.

Published | 01 January 2021

According to BlueWeave Consulting, the Global Industrial Fabric Market has reached USD xx Million in 2019 and is further projected to reach USD xx billion by 2027, growing at a CAGR of xx% during the forecast period. Industrial fabrics are not the same as textile fabrics. It is the kind of fabric that is used in the manufacturing of industrial goods, parts, and other technical articles. The application of Industrial fabrics is majorly found in industries such as automotive carpet, conveyer transmission belt, flame-resistant apparel, etc.

Increase in demand for Industrial fabrics in Automotive

The demand for industrial fabrics in the applications is largest; in which the Automotive industry has the most share. The materials used in the production of these fabrics are aramid, polyamide, among several others, these possess higher tensile strength, good permeability, better stability, durability, and better protection from the UV (Ultraviolet) rays. Therefore, these properties make industrial fabrics ideal for application in airbags, belts, carpet backing, interior fabrics, roofing, seat cover fabrication, etc. in the automotive industry.

Increasing growth of filtration applications

An increase in the growth of varied filtration methodologies has led to an elevation in the filtration industry. “Filter media” is one of the surfacing applications for industrial fabric in industries such as chemicals, oil & gas, printing, refining, etc. Due to the presence of fine chemical resistance, good thermal stability, high tensile strength, and a high melting point in these fabrics they are extensively used in the filtration application. Moreover, lately, companies & industries have acknowledged the potential of industrial fabrics in terms of filter media; in each instance, Toray a japan based, multinational industry offers high-grade industrial fabric via its brand AXTAR. Which is made of polyester fabric and therefore is used in filter media.

APAC will be the market for the highest growth

Asia Pacific is anticipated to register with the highest CAGR value in the global industrial fabric market during the projected period. Supported by the low-costs of minimum waged labor, the development of industrial-technological solutions, and an increase in the advancement of industrial technology and solutions, with elevating safeguard regulations in several end-use industries. The market in North America also held the highest market share in the industrial fabric market for the year 2019 and is again anticipated to show substantial growth in forecast time.

Significant players of the Global Industrial Fabric Market are Ahlstrom-Munksjo, ContiTech AG Cerex Advanced Fabrics, Inc., Dupont, Fitesa, and G.R. Henderson Co. Textiles Ltd.  Forbo International SA, Habasit AG, Toray Industries Inc., Johns Manville, W. Barnet GmbH & Co. Kg among several others.

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The in-depth analysis of the report provides the growth potential, upcoming trends, and statistics of the Global Industrial Fabric Market size & forecast. The report promises to provide state-of-the-art technology of the Global Industrial Fabric Market and industry insights, which help decision-makers to make sound strategic decisions. Furthermore, the report also analyzes the market drivers, challenges, and competitive analysis of the market.

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