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The global industrial fabrics market is set to reach US$ 192.86 BN by 2030, growing at an 8.7% CAGR between years 2022-2030. The market for industrial fabrics is full of changes. Many things affect its growth and trends together. People involved in this market must know the main forces changing it, so they can make wise choices and take advantage of new chances. Industrial fabrics is used in different fields like building, cars, and farming.
They also help us in healthcare. These sorts of materials are really good for things like making stuff stronger, catching tiny particles and keeping us safe. That's why so many people use them all the time. The needs of different businesses change what sells in the market. Each type wants their products to last, be strong and have special features for certain uses.
New technology developments in making clothes change how the market works. Improvements in ways of making cloth, how we mix it together and protect it make industrial fabrics better. People are working hard to make clothes stronger, can withstand fire and have other special features. They do this because they want their final customers to be happy with what they get. As more focus is put on being environmentally friendly and sustainable, this changes how the markets for industrial fabrics work.
People are starting to want cloth that is made from old things or has a small effect on the environment more and more. Makers are reacting to this change by putting green methods into their making processes and providing environmentally friendly factory materials. This shows a wider move towards responsible buying habits. The big increase in building projects all over the world has a major effect on the market for industrial fabrics.
These materials are used in things like soil strengthening fabrics, building structure covers and other uses. Spending on buildings and things like roads in new parts of the world helps make people want industrial cloth. This gives businesses a chance to offer help for tasks that involve making and fixing big projects. The auto industry plays a big role in the market for industrial fabrics.
Fabrics are used in different car parts, like inside things, airbags and tire supports. As cars change, like electric and self-driving ones becoming more popular, the need for special industry clothes that fit these uses affects what sells. The market for industrial fabrics is not free from the problems caused by breaks in international supply chains.
Stuff like shortages of basic materials, problems with moving things around and global power struggles affect how easy it is to get industrial fabrics. They also change their cost.
People in the market need to handle these problems by creating strong plans for their supplies and looking into buying locally. This will help reduce risks and make sure things keep going smoothly.
Covered Aspects:
| Report Attribute/Metric | Details |
|---|---|
| Segment Outlook | Basis of fiber type, application, and region. |
Industrial Fabrics Market Highlights:
Industrial Fabric Market Overview
Industrial Fabrics Market is projected to be worth USD 192.86 billion by 2030, registering a CAGR of 8.7% during the forecast period (2022 - 2030). The market was valued at USD 110.35 billion in 2021. The industrial fabric markets are mainly non-apparel and high performance. Highly functional fabrics are mostly used in commercial and industrial applications. These are used as components of other products to alter their functional properties, strength, and functionality, and the growing demand for such fabrics is aimed to prevent mishaps and handle environmental stress and mechanical stress. However, the increasing demand for geosynthetics from various end-use sectors is one of the important drivers for these markets.
Industrial fabrics are aimed to experience a high growth rate due to the high demand from the automotive sector, and according to research, it is shown that almost 45 sq. meters of textile materials are used in a car for interiors, which includes seats, headlines, carpets etc. The fabrics that are used in a vehicle are extremely lightweight. Geosynthetic is one of the applications of industrial fabric that have been getting popularity for the last few decades.
Key Players
Some of the manufacturers operating in the global industrial fabrics market are Forbo International SA (Switzerland), Ahlstrom-Munksjö (Finland), Habasit (Switzerland), TORAY INDUSTRIES, INC. (Japan), ContiTech AG (Germany), Cerex Advanced Fabrics, Inc. (US), W. Barnet GmbH & Co. KG (Germany), DowDuPont (US), Johns Manville (US), and Fitesa SA (Brazil).
Industrial Fabrics Market, by Application (%)
Source: MRFR Analysis
Regional Analysis
The global industrial fabrics market has been segmented into five regions, namely, Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.
The market in Asia-Pacific dominated the global industrial fabrics market in 2017 due to the high production and sales of automobile in the region. Furthermore, the growth of the construction industry on account of the rapid industrialization and urbanization in the emerging countries such as India, Thailand, Malaysia, and Singapore, is fueling the market demand.
The market in Europe is driven by the increased production and sales of automobile parts in the Western European countries such as Germany, Italy, UK, and France.
North American market is expected to witness a high growth of the market owing to the high demand from the sustainable construction in the region.
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.
Recent Development
In May 2023, DuPont announced the launch of its new line of Tyvek® industrial fabrics. These fabrics are designed to provide superior performance in a variety of harsh environments.
In June 2023, Teijin announced the acquisition of the industrial fabrics business of Toyobo. This acquisition will strengthen Teijin's position in the global industrial fabrics market.
In July 2023, INVISTA announced the launch of its new line of Cordura® industrial fabrics. These fabrics are designed to provide superior durability and performance.
Intended Audience
- Industrial fabrics manufacturers
- Traders and distributors of industrial fabrics
- Research and development institutes
- Potential investors
- Raw material suppliers
- Nationalized laboratories
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