Industrial Fabric Market Share, Regional Outlook, Survey Report 2028 | Emergen Research

 

The report highlights the current impact of COVID-19 on the  Industrial Fabric Market along with the latest economic scenario and changing dynamics of the market. It analyzes the impact of the pandemic on market growth and remuneration. The pandemic has changed the economic scenario of the world and has affected several sectors of the market. The report estimates the market for  Industrial Fabric Market according to the impact of COVID-19.

The global industrial fabric market size is expected to reach USD 204.80 Billion and register a revenue CAGR of 8.3% in 2028, according to latest analysis by Emergen Research. Steady market revenue growth can be attributed to growth of the construction sector and increasing emphasis on infrastructure development. Increasing use of industrial fabrics in the construction sector has substantially improved construction quality. Industrial fabrics find extensive use in construction of dams, tunnels, bridges, and highways/roads, due to their excellent mechanical properties, including lightweight, resilience, and robustness, and better resistance to factors such as chemical degradation, creep, deterioration by pollutants/ contaminants in the air or moisture/rain. Also, these fabrics can withstand impact of UV rays and corrosive acids.

To learn more details about the report visit @ https://www.emergenresearch.com/industry-report/industrial-fabric-market

Some major players in the market include DuPont, GR Henderson Co. Textile Ltd., Russett Holdings, Johns Manville, ContiTech AG, Fitesa SA, Toray Industries Inc., Cerex Advanced Fabrics Inc., Beaulieu Technical Textiles, and Sage Automotive Interiors Inc.

Some Key Highlights from the Report :

In June 2019, Milliken & Company, which is a leading textile producer, made an announcement about entering into an agreement for the acquisition of Polartec, which is a company that offers performance textiles for military and outdoor apparel.

By fiber type, the polyester segment contributed a significantly large revenue share to the global market in 2020. Polyester fiber is highly versatile and finds wide application in production of clothing due to its high durability and tenacity. Also, as a robust fiber material used in industries, this fiber type is appropriate for repetitive and strong movements. The water-repelling property of polyester makes it an appropriate material in industrial settings requiring water resistance fabrics.

By application, conveyor belt segment accounted for a significantly robust revenue share in 2020. Industrial fabrics are deployed as width fiber in conveyor belts to enhance fastener retention and rip resistance, along with abrasion resistance. Conveyor belts produced from polyester are developed for use in applications needing improved belt resistance to pyrolysis. Also, use of fibers such as polyamide that are tough and highly resistant to abrasion extend longevity of conveyor belts.

Covid impact analysis:

The report considers COVID-19 as a key contributor of the dynamically altered market scenario. The report covers a comprehensive impact analysis of the global health crisis on the overall growth of the market. Furthermore, the report covers the current and future impact of the COVID-19 crisis on the market and its key segments.

Scope of the Global Industrial Fabric Market Report

The report performs an accurate estimation of the growth prospects of the different market segments by studying the current market scenario, past performance, demand and supply ratio, production, consumption, sales, and revenue generation of the key players in the upcoming years. The market segmentation provides a 360° view of the Industrial Fabric Market industry, which turns out to be beneficial for readers interested in this sector.

Key Benefits of the Report:

·       Comprehensive analysis of the competitive scenario and its changing dynamics

·       Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis

·       In-depth 8-year analysis of the Global Industrial Fabric Market

·       Critical understanding of the key market segments 

·       Comprehensive analysis of the drivers, restraints, trends, and opportunities

·       Detailed regional analysis and extensive company profiling

·       Extensive assessment of current and emerging trends of the market

Market Segmentation:

Emergen Research has segmented the global industrial fabric market on the basis of fiber type, distribution channel, application, and region:

Fiber Type Outlook (Revenue, USD Billion; 2018–2028)

Polyamide

Polyester

Aramid

Composite

Others

Distribution Channel Outlook (Revenue, USD Billion; 2018–2028)

Direct

Indirect

Application Outlook (Revenue, USD Billion; 2018–2028)

Transmission Belt

Conveyor Belt

Protective Clothing

Flame resistant Apparel

Automotive

Others

Geographical Overview:       

• The latest report broadly categorizes the global Industrial Fabric Market into several geographical terrains, including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
• The study is inclusive of essential information relevant to each region in this broad industry segment, along with the key drivers of the regional market growth.
• The report further estimates the revenue accumulated by these regions over the forecast period.

Competitive Hierarchy:

• The latest research report studies the major market players, their regional presence, industry share, and production facilities.
• The report offers significant data pertaining to these market competitors’ company profiles, product types, and application outlook.
• Moreover, the pricing models and gross margins of these industry majors have also been mentioned in the report.

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