The global industrial fabrics market size is projected to grow from $136.55 billion in 2021 to $209.48 billion in 2028 at a CAGR of 6.3% during the forecast period. Fortune Business Insights, provide this information in its report titled, “Industrial Fabrics Market Size, Share, Growth and Forecast, 2023-2032.”
The industrial fabrics market refers to the production and sale of fabrics that are specifically designed for use in industrial applications. These fabrics are typically made from materials such as polyester, nylon, aramid, and other synthetic fibers that provide high strength, durability, and resistance to harsh conditions such as heat, chemicals, and abrasion.
Industrial fabrics find a wide range of applications in various industries, including construction, transportation, aerospace, automotive, marine, agriculture, and healthcare. The industrial fabrics market is driven by factors such as growing demand for high-performance materials, increasing industrialization, and rising investment in infrastructure development.
List of Key Companies Operating in the Industrial Fabrics Market:
- R.Henderson Co. Textiles Ltd. (Stockport, UK)
- Fitesa (Peine, Germany)
- Barnet Gmbh & Co. Kg (Achen, Germany)
- Freudenberg & Co. Kg (Weinhiem, Germany)
- Toray Industries Inc. (Tokyo, Japan)
- Johns Manville (Colorado, U.S)
- Habasit AG (Reinach, Switzerland)
- Forbo International SA
- Ahlstrom Munksjö
- Bridgestone Corporation (Tokyo, Japan)
- Cerex Advanced Fabrics Inc. (Florida, United States)
- ContiTech AG (Hanover, Germany)
- DuPont (Michigan, U.S)
Market Scope:
The scope of the industrial fabrics market is quite broad, as these fabrics find a wide range of applications in various industries. Some of the key factors that contribute to the growth and expansion of this market include:
- Increasing demand for high-performance materials: Industrial fabrics are designed to offer superior strength, durability, and resistance to harsh conditions, making them ideal for a wide range of applications. With the increasing demand for high-performance materials in various industries, the demand for industrial fabrics is expected to grow in the coming years.
- Rapid industrialization: With the growth of manufacturing and construction industries in various regions around the world, there is a growing need for materials that can withstand harsh environments and heavy use. Industrial fabrics are often used in these industries for applications such as conveyor belts, filtration, and structural reinforcement.
- Investment in infrastructure development: As governments and private companies invest in infrastructure development, there is a growing need for materials that can be used in construction, transportation, and other applications. Industrial fabrics are often used in these projects for applications such as geotextiles, tarps, and covers.
- Technological advancements: Advances in manufacturing technology have made it possible to produce industrial fabrics with greater precision and efficiency. This has helped to reduce production costs and improve the quality of industrial fabrics, making them more attractive to a wider range of industries.
Overall, the scope of the industrial fabrics market is expected to continue expanding as demand for these materials grows in various industries around the world.
