New York, NY -- (SBWIRE) -- 05/03/2021 -- The increasing demand for industrial fabrics in the automotive industry owing to the rise in demand for consumers and growth in population and urbanization are propelling the market growth.

Market Size – USD 119.42 Billion in 2018, Market Growth - CAGR of 5.1%, Market Trends – The advent of cheap industrial fabrics.

The global Industrial Fabric Market is forecast to reach USD 178.99 Billion by 2026, according to a new report by Reports and Data. These fabrics are unique materials that are used in aerospace, and automotive industries for various purposes such as for making conveyor belt, flame-resistant apparel, protective apparel, automotive carpets, and many others.

The market for such fabrics is influenced by the rising industries due to urbanization. The rising applications conveyor belt, and protective apparel are booming the market for such fabrics. The automotive sector is depended on this market for manufacturing of carpets, seat belts, seat coverings, and many others. The cost price of the raw materials continuously fluctuates, and strict government regulations are creating a market restraint.

The factors mentioned above jointly create opportunities for the market growth while factors such as critical effects of non-apparel fabrics manufacturing add limitations in the market. However, each element would have a specific impact on the market during the forecast period. Consistent developments in the market of fabrics used for industrial purposes owing to innovative efforts have improved the efficiency of fabrics.

Key participants Habasit, Dupont, Forbo International SA, Cerex Advanced Fabrics, Inc., Toray Industries, Inc., Freudenberg & Co. Kg, Bridgestone Corporation, Johns Manville, Barnet Gmbh & Co. Kg, and Fitesa, among others.

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Further key findings from the report suggest

- Automotive and transportation industries held the largest market share of 37.3% in the year 2018. Industrial purpose fabric products are used in the manufacturing of seat covers, seat belts, and carpets of vehicles. The products of this market have high affinity, high strength, controlled deformation, and abrasion resistance.
- The polyester segment is forecasted to witness the highest CAGR of 5.8% during the forecast period. This segment is rising since this material has good elasticity, high durability, quick-drying property, high resistance, high strength, and many others.
- Automotive carpet segment held the largest market share of 29.5% in the year 2018. China became the largest consumer of this segment owing to the ever-growing construction and automotive industry along with the aerospace industry in this region because of the growing urbanization and industrialization. China became a leader in the world for production and consumption of industrial fabric products because of its low-cost labor, and the rise in urbanization with an expanding economy compared with other countries.
- Asia Pacific is expected to witness the highest CAGR of 6.3% during the forecast period. Countries like India, China, Taiwan, Indonesia, and Japan are rapidly catching up with the growth in the industrial fabric market. The countries in this region have undertaken various measures towards the automotive project, which is propelling the market growth.

To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/industrial-fabrics-market

For the purpose of this report, Reports and Data have segmented into the global Industrial Fabrics market on the basis of fiber type, application, end-users and region:

Application Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)

Conveyor Belts
Transmission Belts
Protective Apparel
Automotive Carpet
Flame Resistant Apparels
Others

Fiber Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)

Polyamide
Polyester
Aramid
Composite
Others

End-Users Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)

Automotive & Transportation
Construction
Aerospace
Others

Regional Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)

North America
Europe
Asia Pacific
MEA
Latin America

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Table of Content:

Chapter 1. Market Synopsis
    1.1. Market Definition
    1.2. Research Scope & Premise
    1.3. Methodology
    1.4. Market Estimation Technique
Chapter 2. Executive Summary
    2.1. Summary Snapshot, 2018-2026
Chapter 3. Indicative Metrics
Chapter 4. Industrial Fabric Market Segmentation & Impact Analysis
    4.1. Industrial Fabric Market Material Segmentation Analysis
    4.2. Industrial Outlook
         4.2.1. Market indicators analysis
         4.2.2. Market drivers analysis
                 4.2.2.1. Growing demand from the automotive industry
                 4.2.2.2. Rising demand for filtration purpose
         4.2.3. Market restraints analysis
                 4.2.3.1. Stringent environmental regulations
    4.3. Technological Insights
    4.4. Regulatory Framework
    4.5. ETOP Analysis
    4.6. Porter's Five Forces Analysis
    4.7. Competitive Metric Space Analysis
    4.8. Price trend Analysis
….
Chapter 9. Competitive Landscape
    9.1. Market Revenue Share By Manufacturers
    9.2. Manufacturing Cost Breakdown Analysis
    9.3. Mergers & Acquisitions
    9.4. Market positioning
    9.5. Strategy Benchmarking
    9.6. Vendor Landscape
Chapter 10. Company Profiles
    10.1. Habasit
           10.1.1. Company Overview
           10.1.2. Financial Performance
           10.1.3. Technology Insights
           10.1.4. Strategic Initiatives
    10.2. Dupont
           10.2.1. Company Overview
           10.2.2. Financial Performance
           10.2.3. Technology Insights
           10.2.4. Strategic Initiatives
    10.3. Forbo International Sa
           10.3.1. Company Overview
           10.3.2. Financial Performance
           10.3.3. Technology Insights
           10.3.4. Strategic Initiatives
    10.4. Cerex Advanced Fabrics, Inc
           10.4.1. Company Overview
           10.4.2. Financial Performance
           10.4.3. Technology Insights
           10.4.4. Strategic Initiatives
    10.5. Toray Industries, Inc.
            10.5.1. Company Overview
            10.5.2. Financial Performance
            10.5.3. Technology Insights
            10.5.4. Strategic Initiatives

Continue….

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