Global industrial fabric market is expected to rise from its initial estimated value of USD 134.92 million in 2018 to an estimated value of USD 201.64 million by 2026, registering a substantial CAGR of 5.15% in the forecast period of 2019-2026. Growth in the construction industry is the major factor for the growth of this market.
The industrial fabric 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. The research report serves as a repository of analysis and information for every facet of the market including but not limited to regional market, technology types and applications. In the end, this industrial fabric research report represent the latest and the most reliable information indispensable for business to sustain a competitive edge.
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Key Market Competitors:
Few of the major competitors currently working in global industrial fabric market are Forbo Flooring India Private Limited, Ahlstrom-Munksjö, Habasit, TORAY INDUSTRIES, INC, ContiTech AG, Cerex Advanced Fabrics, Inc, W. Barnet GmbH & Co. KG, Dowdupont, Johns Manville, Fitesa, G & R Henderson & Co, Berry Global Inc., Kimberly-Clark, Freudenberg Group, Beaulieu Technical Textiles., THE YOKOHAMA RUBBER CO., LTD, CBC INDIA, Bridgestone Corporation, ZENITH RUBBER, Wovlene Tec Fab India, Parishudh Fibres, Sage Automotive Interiors, ACME and others.
Exceptional properties of the industrial fabric is driving the growth of this market
Growth in the automotive carpet is another factor driving the market growth
Rising usage of industrial fabric in automotive and construction industry will drive the market
Growing demand for filtration application will also propel growth
Strict government regulation is restraining the growth of this market
Less cost of the industrial fabric is another factor restraining the growth of this market
Table of Contents
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global, By Component
7. Product Type
Segmentation: Global Industrial Fabric Market
Flame Resistant Apparel
By End- Users
Middle East and Africa
Key Developments in the Market:
In March 2019, Grasim Industries Ltd announced that they are going to acquire Soktas so that they can strengthen their position in fabric market. This acquisition will also help them to expand their business in subcontinents. SIPL is currently a wholly-owned subsidiary of the Soktas Group and its main facilities are located in Soke, Turkey
In January 2018, Algerian JV announced the launch of their new textile manufacturing facility which is collaboration between the Algerian Government and Turkey’s Tay Group. The 40 percent will be consumed by domestic market and rest will be exported. This will be equipped with eight textile production units, accommodation facility for workers and official and a textile school
Global industrial fabric market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of industrial fabric market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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Key Insights in the report:
Complete and distinct analysis of the market drivers and restraints
Key market players involved in this industry
Detailed analysis of the market segmentation
Competitive analysis of the key players involved
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