Report
Description
A recent market intelligence report that is published by Data
Insights Partner on Industrial Fabrics Market makes an
offering of in-depth analysis of segments and sub-segments in the regional and
international. The research study also emphasizes on the impact of restraints,
drivers, and macro indicators on the regional and world Industrial Fabrics Market over the short as well as long period of time. A
detailed presentation of forecast, trends, and dollar values of international Industrial
Fabrics Market is offered.
Market
Insights:
In accordance with the report, the Industrial Fabrics
Market is projected to expand at a CAGR of X.X% over the period
of forecast. The global Industrial
Fabrics Market was valued at USD XX.X Mn in 2019 and is expected to reach USD
XX.X Mn in 2031, growing with a significant CAGR rate during the forecast
period. By 2031, the Industrial Fabrics Market is anticipated to reach a value
of USD 192.86 billion, growing at a CAGR of 8.7%. (2022 - 2031). In 2021, the
market was worth USD 110.35 billion. The non-apparel and high performance
fabric markets dominate the industrial fabric industry. The majority of
applications for highly functional fabrics are in the business and industrial
sectors. The increasing demand for these fabrics aims to avoid accidents and
handle environmental stress and mechanical stress. These are utilised as
components of other products to change their functional qualities, strength,
and functionality. However, one of the key factors driving these markets is the
rising demand for geosynthetics from a variety of end-use industries. Asia-Pacific,
North America, Europe, Latin America, and the Middle East & Africa make up
the five geographic divisions of the global market for industrial fabrics. Due
to the significant production and sales of automobiles in the region, the
market in the Asia-Pacific region led the world market for industrial fabrics
in 2017. In addition, the demand is being fueled by the expansion of the
construction sector as a result of the quick industrialization and urbanisation
of growing nations like India, Thailand, Malaysia, and Singapore.
Research
Methodology:
To compile
the detailed study of the global Industrial
Fabrics Market, a robust research methodology has been adopted
that aids in determining the key insights and also evaluates the growth
prospects of the Industrial Fabrics Market.
Comprehensive and iterative research methodology focused on minimizing deviance
in order to provide the most accurate estimates and forecast possible. The
company utilizes a combination of bottom-up and top-down approaches for segmenting
and estimating quantitative aspects of the market. Our research methodology
implements a mix of primary as well as secondary research. Our projects are
initiated with secondary research, where we refer to a variety of sources
including trade databases; government published documents, investor
presentations, company annual reports, Industrial papers, and paid databases. To
carry out secondary research, the analysts have collected the information
through company annual reports, journals, company press releases, and paid
databases that were referred to gain and identify better opportunities in the Industrial Fabrics Market.
COVID-19
Scenario Analysis:
The COVID-19
outbreak has shaken the whole economy in the world. In this scenario some
industries are doing quite well while others have been crushed. This section of
the report has explored the overall status of the COVID-19 scenario. The
industry witnessed a huge decline in terms of sales. Likewise, the Industrial Fabrics Market was affected negatively due to the
shutdown of manufacturing/processing facilities for some time. The analysts
have also focused on the key measures that the companies are opting to
withstand the harsh scenario.
Segment
Covered:
Industrial Fabrics Market Compounded annual growth rates for all segments have also
been provided for 2019 to 2031. This report is a compilation of first-hand
information, qualitative and quantitative assessment by industry analysts,
inputs from industry experts and industry participants across the value chain.
Key Segments:
Industrial Fabrics Market research report
includes an in-depth coverage of the industry with estimates & forecast
from 2022 to 2031, for the following segments:
Industrial
Fabrics Market, By Application, 2022-2031 (USD Million)
·
Automotive
Carpet
·
Conveyor
Belts
·
Transmission
Belts
·
Protective
Apparel
·
Flame
Resistant Apparel
·
Filter Media
Industrial
Fabrics Market, By Fiber Type, 2022-2031 (USD Million)
·
Polyamide
·
Polyester
·
Aramid
·
Composite
Report
Highlights:
The prime objective of the Industrial Fabrics Market report is to
help the user understand the market in terms of its definition, segmentation,
market potential, influential trends, and the challenges that the market is
facing with different major regions and more than 30 major countries across the
globe. During the report's production, extensive research and analysis were
conducted. This research will assist readers in gaining a thorough
understanding of the market.
Industrial
Fabrics Market, By Region, 2022-2031 (USD Million)
·
North America (
United States, Canada, Mexico)
·
Europe
(Germany, UK, France, Italy, Russia, Spain, and Rest of Europe)
·
South Asia (
India, Pakistan and Bangladesh)
·
East Asia
(China, Japan and South Korea)
·
South East Asia
(Indonesia, Thailand, Singapore, Malaysia, Rest of SE Asia)
·
Middle East
(Turkey, Saudi Arabia, Iran, UAE, Israel, Iraq, Qatar, Rest of MEA)
·
Africa
(Nigeria, South Africa, Egypt, Algeria, Rest of Africa)
·
South America
(Brazil, Argentina, Colombia, Chile, and Rest of SA)
·
Oceania
(Australia and New Zealand)
Companies
Profiled:
To enhance their position in the global
market, key suppliers/manufacturers are concentrating on business expansion and
product innovation. Manufacturers/producers are also working on boosting their
manufacturing capacity and product quality to gain a competitive advantage. The
following are some of the prominent manufacturers in the worldwide Industrial
Fabrics Market:
·
Forbo
International SA (Switzerland)
·
Ahlstrom-Munksjö
(Finland)
·
Habasit
(Switzerland)
·
TORAY
INDUSTRIES
·
ContiTech AG
(Germany)
·
Cerex
Advanced Fabrics
·
W. Barnet
GmbH & Co. KG (Germany)
·
DowDuPont
(US)
·
Johns
Manville (US)
·
Fitesa SA
(Brazil).
Industrial
Fabrics Market Report Highlights:
·
Detailed
analysis of the parent market
·
Key players'
strategies and products supplied in the competitive landscape
·
Market
segmentation in depth analysis
·
Market size
in terms of volume and value, past, present, and future scenario
·
Potential and
specialty areas, as well as geographical regions with promising growth
prospects
·
Market
players use this information to maintain and expand their market presence, thus
it's important to have an unbiased perspective on market performance.
·
Recent
advancements and technological trends in the industry