The global industrial fabric market size is expected to reach USD 204.80 Billion and register a revenue CAGR of 8.3% in 2028, according to latest analysis by Emergen Research. Steady market revenue growth can be attributed to growth of the construction sector and increasing emphasis on infrastructure development. Increasing use of industrial fabrics in the construction sector has substantially improved construction quality. Industrial fabrics find extensive use in construction of dams, tunnels, bridges, and highways/roads, due to their excellent mechanical properties, including lightweight, resilience, and robustness, and better resistance to factors such as chemical degradation, creep, deterioration by pollutants/ contaminants in the air or moisture/rain. Also, these fabrics can withstand impact of UV rays and corrosive acids.
Increasing global population and rising need for high crop yield has fueled demand for industrial fabrics. Using herbicides and pesticide alone is not sufficient to meet rising demand for grains, vegetables, and fruits, and hence high-performance fabrics are used in green houses, shade/poly houses, as well as in open fields to protect crops from environmental factors such as moisture, temperature, and humidity. Also, these fabrics protect agriculture output from rain, wind, and birds. Some examples of industrial fabrics in agriculture include bird net windshield, sunscreen, hail protection net, mulch mat, and harvesting net.
The Industrial Fabric Market Research report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market.
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The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.
The leading market contenders listed in the report are:
DuPont, GR Henderson Co. Textile Ltd., Russett Holdings, Johns Manville, ContiTech AG, Fitesa SA, Toray Industries Inc., Cerex Advanced Fabrics Inc., Beaulieu Technical Textiles, and Sage Automotive Interiors Inc
Some Key Highlights from the Report
- In June 2019, Milliken & Company, which is a leading textile producer, made an announcement about entering into an agreement for the acquisition of Polartec, which is a company that offers performance textiles for military and outdoor apparel.
- By fiber type, the polyester segment contributed a significantly large revenue share to the global market in 2020. Polyester fiber is highly versatile and finds wide application in production of clothing due to its high durability and tenacity. Also, as a robust fiber material used in industries, this fiber type is appropriate for repetitive and strong movements. The water-repelling property of polyester makes it an appropriate material in industrial settings requiring water resistance fabrics.
- By application, conveyor belt segment accounted for a significantly robust revenue share in 2020. Industrial fabrics are deployed as width fiber in conveyor belts to enhance fastener retention and rip resistance, along with abrasion resistance. Conveyor belts produced from polyester are developed for use in applications needing improved belt resistance to pyrolysis. Also, use of fibers such as polyamide that are tough and highly resistant to abrasion extend longevity of conveyor belts.
- Industrial fabric market in North America accounted for largest revenue share in 2020, attributed to rapid advancements in technology, strict legislative regulations for worker safety in industrial settings, and high demand for industrial fabrics from end-use applications. In addition, presence of leading market players such as DuPont is causative of robust market revenue growth.
Research Report on the Industrial Fabric Market Addresses the Following Key Questions:
- Who are the dominant players of the Industrial Fabric market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the Industrial Fabric market?
- What are the key growth drivers and restraining factors of the Industrial Fabric market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the Industrial Fabric market and its key segments?
Emergen Research has segmented the global Industrial Fabric market on the basis of type, type of care, and region
Segments Covered in this report are:
Fiber Type Outlook (Revenue, USD Billion; 2018–2028)
- Polyamide
- Polyester
- Aramid
- Composite
- Others
Distribution Channel Outlook (Revenue, USD Billion; 2018–2028)
- Direct
- Indirect
Application Outlook (Revenue, USD Billion; 2018–2028)
- Transmission Belt
- Conveyor Belt
- Protective Clothing
- Flame resistant Apparel
- Automotive
- Others
In conclusion, the Industrial Fabric Market report is an exhaustive database that will help readers formulate lucrative strategies. The Industrial Fabric Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.
How will this Report Benefit you?
A 250-page report from Emergen Research includes 194 tables and 189 charts and graphics. Anyone in need of commercial, in-depth assessments for the global Industrial Fabric market, as well as comprehensive market segment analysis, can benefit from our new study. You can assess the whole regional and global market for Industrial Fabric with the aid of our recent study. To increase market share, obtain financial analysis of the whole market and its various segments. We think there are significant prospects in this industry for rapidly expanding energy storage technology. Look at how you may utilise the current and potential revenue-generating prospects in this sector. The research will also assist you in making better strategic decisions, enabling you to build growth strategies, strengthen competitor analysis, and increase business productivity.
About Us:
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
