“Browse 130 tables of market data and 43 figures spread over 158 pages and an in-depth table of contents on the” industrial fabrics market “”
Industrial fabrics market by fiber type (polyamide, polyester, aramid, composite and others), applications (conveyor belt, transmission belt, protective clothing, automotive carpet, flame resistant clothing and others), region
The global industrial fabric market size is expected to grow from USD 108.3 billion in 2020 to USD 162.9 billion by 2025, at a CAGR of 8.5% during the forecast period. The industrial fabric is widely used in the manufacture of protective clothing for the chemical, sports, medical and other industries. The growing demand for automotive vehicles supports the demand for industrial fabric in automotive carpet applications.
The automotive industry is the largest application industry in the industrial fabric market in terms of volume. Industrial fabrics made from polyester, polyamide, aramid and other fibers have superior strength, exceptional durability, ultraviolet (UV) stability and good permeability. These properties make it suitable for use in applications such as carpet backing, interior fabrics, roofs, airbags, belts, pipes, seat cover fabrics, door trim, panels. fittings, window frames and headlining in the automotive industry. In addition, the stain resistance property and longer service life of industrial fabric make it the ideal choice for various applications in the automotive industry.
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Industrial polyester-baes fiber fabric represents an important part of the industrial fabric market
Industrial fabrics based on polyester resin accounted for a larger share of the industrial fabrics market. Polyester resins are cheaper and have properties such as good corrosion resistance, fast curing, durability, temperature tolerance and low thermal expansion. The automotive industry is one of the main consumers of industrial polyester fabric because this fabric offers good UV and abrasion resistance, good tear resistance and ease of cleaning. Toray, W. Barnet GmbH & Co. KG and Johns Manville are among the leading manufacturers of industrial polyester fabrics.
COVID-19 has led to a reduction in demand for vehicles in 2020. This has resulted in the temporary shutdowns of various auto manufacturing plants of Nissan, Volkswagen and Ford. These factors are expected to reduce the demand for industrial fabric in automotive applications. After the pandemic, the demand for industrial polyester fabric is expected to recover with the start of industrial activities around the world, which will increase the consumption of polyester fabric.
APAC represents the largest share of the global industrial fabric market. Application suits, protective clothing and car mats are the main consumers in the region. The region is home to some of the major composites manufacturers such as ACP Composites and Owens Corning. In addition, China is a manufacturing hub for various commercial, military and private aircraft and one of the major automakers. Europe is the second largest consumer of industrial fabrics. Marine, wind power and transportation are the main industries fueling the growth of the industrial fabric market in this region.
However, the COVID-19 outbreak has affected the demand for industrial fabrics in the region. On the positive side, the support plans offered by the governments of various countries will help maintain liquidity in the industrial fabric market. Such initiatives coupled with the recovery of application industries will increase the demand for industrial fabric in North America.
The major players in the industrial fabric market include Forbo International SA (Switzerland), Ahlstrom-Munksjo (Finland), Habasit AG (Switzerland), Toray Industries Inc. (Japan) and ContiTech AG (Germany) are some of the major players on the industrial fabric market. Cerex Advanced Fabrics, Inc. (France), W. Barnet GmbH & Co. Kg (United States), Dupont (United States), Johns Manville (India), Fitesa SA (Brazil) and GR Henderson Co. Textiles Ltd. (United Kingdom), and among others. These companies are involved in adopting various inorganic and organic strategies to increase their presence in the composites market. These players have adopted different organic and inorganic development strategies over the past five years.
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