Industrial Fabrics Market 2019 -Worldwide Trends, Share, Scope, - FOX21- Entertaining Delmarva One Click at a Time

Industrial Fabrics Market 2019 -Worldwide Trends, Share, Scope, Demand, Opportunity Assessment, Rising Growth Factors, Competitive Landscape, Industry Size and Regional Forecast to 2023

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Industrial Fabrics Market Overview:

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.

Industrial Fabrics Market Competitive Analysis:

Some of the manufacturers operating in the global industrial fabrics market are;

  • Forbo International SA (Switzerland)
  • Ahlstrom-Munksj (Finland)
  • Habasit (Switzerland)
  • TORAY INDUSTRIES, INC. (Japan)
  • ContiTech AG (Germany)
  • Cerex Advanced Fabrics, Inc. (US)
  • Barnet GmbH & Co. KG (Germany)
  • DowDuPont (US)
  • Johns Manville (US)
  • Fitesa SA (Brazil)

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Industrial Fabrics Market Regional Analysis:

The global industrial fabrics market has been segmented into five regions—Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.

The rapid industrialization and urbanization in the emerging economies of Asia-Pacific such as India, Thailand, Indonesia, and Malaysia are driving the demand for industrial fabrics for above mentioned applications. According to Invest India, the construction market in India is expected to become the third-largest worldwide and is projected to grow at a CAGR of 5.6% from 2017 to 2020. The rising demand for commercial space due to the growth of service sectors such as Information Technology, Banking, Financial Services, and Insurance, and telecommunications is leading to increased construction, which in turn, is driving the growth of the industrial fabrics market.

Asia-Pacific accounted for the majority of the market share in 2017 due to the high demand for industrial fabrics in the automotive industry. According to Organization International des Constructers d' Automobiles, vehicle production in China stood at 29,015,434 in 2017, which was followed by India with 4,782,896 units in the same year. The rising disposable income and the changing lifestyle trend of the consumers in the region is driving the market growth. Moreover, the increasing use of industrial fabrics in construction for applications such as insulating and draining fabrics, roofing textiles, shading fabrics, and draught strip for doors and windows is another factor influencing the market growth positively.

Industrial Fabrics Market Segmentation:

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.

Industrial Fabrics Market Table of Content to be Continue.,

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