ID: MRFR/CnM/5803-HCR | February 2021 | Region: Global | 185 pages
Industrial Fabrics Market is projected to be worth USD 192.86 billion by 2030, registering a CAGR of 8.7% during the forecast period (2022 - 2030). The market was valued at USD 110.35 billion in 2021.
Industrial fabrics are designed and engineered to use in products, processes, and services of non-textiles industries. These fabrics offer high strength, durability, inexpensive production, good elasticity, low maintenance, and weather resistance. Industrial fabrics are especially useful in the manufacturing of tents, awnings, graphic banners, and roofing.
The industrial fabrics market is majorly driven by the extensive use of industrial fabrics in the automotive industry. The high disposable income and the changing lifestyle trend of the consumers across the globe has resulted in an increased production and sales of automobile, which drives the demand for industrial fabrics market. These fabrics are used in automotive applications such as linings, mats, dashboards, door panels, seat belts, and insulating materials. The other major driver of the industrial fabrics is its use in manufacturing of geotextiles. The geotextiles are used for applications such as separation, stabilization, reinforcement, filtration, and moisture barrier. The geotextiles are used in unpaved and paved roads in airport runways, sidewalks and sand drainage layers, parking lots and curb areas, green areas and recreational facilities, and others. The rising infrastructural development across the globe owing to the fast-paced industrialization and urbanization is driving the demand for geotextiles, which in turn, drives the demand for industrial fabrics. Moreover, the use of industrial fabrics in the protective clothing such as extinguishing blankets, safety nets, gas-proof fabrics, water-repellent fabrics, waterproof fabrics, and mosquito netting is fueling the growth of the global industrial fabrics market.
However, the stringent regulations for environment protection owing to the non-biodegradability of the industrial fabrics is hampering the market growth.
The major market players are focused on strategic growth initiatives such as new product launch, mergers, and acquisition to strengthen their position in the market. For instance, in October 2018, Ahlstrom-Munksjö launched ViroSēl, an innovative fabric constructed to keep medical professionals protected and comfortable in critical surgeries such as cesarean section, gastric, and cardiac.
Some of the manufacturers operating in the global industrial fabrics market are Forbo International SA (Switzerland), Ahlstrom-Munksjö (Finland), Habasit (Switzerland), TORAY INDUSTRIES, INC. (Japan), ContiTech AG (Germany), Cerex Advanced Fabrics, Inc. (US), W. Barnet GmbH & Co. KG (Germany), DowDuPont (US), Johns Manville (US), and Fitesa SA (Brazil).
Industrial Fabrics Market, by Application (%)
Source: MRFR Analysis
The global industrial fabrics market has been segmented into five regions, namely, Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.
The market in Asia-Pacific dominated the global industrial fabrics market in 2017 due to the high production and sales of automobile in the region. Furthermore, the growth of the construction industry on account of the rapid industrialization and urbanization in the emerging countries such as India, Thailand, Malaysia, and Singapore, is fueling the market demand.
The market in Europe is driven by the increased production and sales of automobile parts in the Western European countries such as Germany, Italy, UK, and France.
North American market is expected to witness a high growth of the market owing to the high demand from the sustainable construction in the region.
The global industrial fabrics market has been segmented on the basis of fiber type, application, and region.
Based on fiber type, the market has been segmented into polyamide, polyester, aramid, composite, and others.
By application, the market has been segmented into automotive carpet, conveyor belts, transmission belts, protective apparels, flame resistant apparel, filter media, and others.
|Market Size||2027: USD 110.35 Billion|
|CAGR||CAGR of 8.7% (2022-2030)|
|Historical Data||2019 & 2020|
|Forecast Units||Value (USD Billion)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||Basis of fiber type, application, and region.|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||Forbo International SA (Switzerland), Ahlstrom-Munksjö (Finland), Habasit (Switzerland), TORAY INDUSTRIES, INC. (Japan), ContiTech AG (Germany), Cerex Advanced Fabrics, Inc. (US), W. Barnet GmbH & Co. KG (Germany), DowDuPont (US), Johns Manville (US), and Fitesa SA (Brazil).|
|Key Market Opportunities||Overview of garment & apparel industry in India. Textile FDI, textile export from India, and investment opportunities.|
|Key Market Drivers||
Frequently Asked Questions (FAQ) :
Industrial fabrics are designed to use in products, processes, and services of non-textiles industries. Polyamide, aramid, polyester, and composite are the main fiber types used in the making of industrial fabrics.
Automotive carpet, conveyor & transmission belts, protective & flame resistant apparel, and filter media are some of the major applications of industrial fabrics.
By fiber type, the polyester segment and by application, the automotive carpet segment account for the leading share in the global industrial fabrics market.
Asia Pacific holds the largest share in the global industrial fabrics market, followed by North America and Europe, respectively.
Ahlstrom-Munksjö (Finland), Forbo International SA (Switzerland), Habasit (Switzerland), ContiTech AG (Germany), Toray Industries, Inc. (Japan), Cerex Advanced Fabrics, Inc. (US), DowDuPont (US), W. Barnet GmbH & Co. KG (Germany), Fitesa SA (Brazil), and Johns Manville (US), are some of the major players operating in the industrial fabrics market.