Industrial Fabric Market Size (2024 - 2029)

The industrial fabric market is anticipated to experience growth driven by its expanding applications in the automotive sector and conveyor belts, despite challenges posed by the rising demand for bio-based fabrics. The market's expansion is particularly notable in the production of automobile interior trims, which is fueled by increasing consumer demand for vehicles. Additionally, industrial fabrics play a crucial role in manufacturing conveyor and transmission belts, essential for the mining industry. The Asia-Pacific region, with significant consumption in countries like India, China, and Japan, leads the market.

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Market Size of Industrial Fabric Industry

Industrial Fabric Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 3.00 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration Low

Major Players

Industrial Fabric Market Major Players

*Disclaimer: Major Players sorted in no particular order

Industrial Fabric Market Analysis

The market for industrial fabric is expected to grow at a CAGR of over 3% during the forecast period. Major factors driving the market studied are rapidly growing application in automotive sector and increasing application in conveyor belts. Growing demand for bio-based fabrics is expected to hinder the growth of the market studied.

  • Application in the manufacture of automobile interior trims like seat covers, carpets, roof and door liners dominated the market and is expected to grow during the forecast period owing to the increasing demand for automobiles among consumers.
  • The industrial fabric is also used in the manufacture of conveyor belts, transmission belts, and other drive belts that serves a major part in mining industry.
  • Asia-Pacific region dominated the market for industrial fabric market with India, China, Japan representing major countries in consumption.

Industrial Fabric Industry Segmentation

The industrial fabric market report include:

Type
Fiberglass yarn
Polyamide
Polyesters
Aramid
Nylon
Others
Application
Automobile Interior Trim
Conveyor Belts
Transmission Belt
Fire Protective Apparel
Others
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle-East and Africa
Saudi Arabia
South Africa
Rest of Middle-East and Africa
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Industrial Fabric Market Size Summary

The industrial fabric market is poised for growth, driven primarily by its expanding applications in the automotive and mining sectors. These fabrics are integral to the production of automobile interior trims, such as seat covers and carpets, which are seeing increased demand due to the rising consumer interest in vehicles. Additionally, industrial fabrics play a crucial role in the manufacturing of conveyor belts and other drive belts, particularly in the mining industry. The Asia-Pacific region, with countries like China, India, and Japan, is a dominant force in this market, largely due to the high demand for these fabrics in automotive and fire protective apparel applications. The region is also home to some of the largest producers of industrial fabric, including major companies like Bridgestone Corporation and TORAY INDUSTRIES, INC.

Despite the promising growth prospects, the market faces challenges, particularly from the growing demand for bio-based fabrics, which could hinder its expansion. The global industrial fabric market is characterized by a fragmented landscape, with several key players holding a marginal share. The automotive industry remains the leading consumer of industrial fabrics, with significant contributions from countries such as the United States, Germany, and the United Kingdom. Government support and advancements in fabric technology are expected to further bolster market growth during the forecast period.

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Industrial Fabric Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Rapidly Growing Application in Automotive Sector

      2. 1.1.2 Increasing Application in Conveyor Belts

    2. 1.2 Restraints

      1. 1.2.1 Growing Demand for Bio-Based Fabrics

      2. 1.2.2 Other Restraints

    3. 1.3 Industry Value Chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION

    1. 2.1 Type

      1. 2.1.1 Fiberglass yarn

      2. 2.1.2 Polyamide

      3. 2.1.3 Polyesters

      4. 2.1.4 Aramid

      5. 2.1.5 Nylon

      6. 2.1.6 Others

    2. 2.2 Application

      1. 2.2.1 Automobile Interior Trim

      2. 2.2.2 Conveyor Belts

      3. 2.2.3 Transmission Belt

      4. 2.2.4 Fire Protective Apparel

      5. 2.2.5 Others

    3. 2.3 Geography

      1. 2.3.1 Asia-Pacific

        1. 2.3.1.1 China

        2. 2.3.1.2 India

        3. 2.3.1.3 Japan

        4. 2.3.1.4 South Korea

        5. 2.3.1.5 Rest of Asia-Pacific

      2. 2.3.2 North America

        1. 2.3.2.1 United States

        2. 2.3.2.2 Canada

        3. 2.3.2.3 Mexico

      3. 2.3.3 Europe

        1. 2.3.3.1 Germany

        2. 2.3.3.2 United Kingdom

        3. 2.3.3.3 France

        4. 2.3.3.4 Italy

        5. 2.3.3.5 Rest of Europe

      4. 2.3.4 South America

        1. 2.3.4.1 Brazil

        2. 2.3.4.2 Argentina

        3. 2.3.4.3 Rest of South America

      5. 2.3.5 Middle-East and Africa

        1. 2.3.5.1 Saudi Arabia

        2. 2.3.5.2 South Africa

        3. 2.3.5.3 Rest of Middle-East and Africa

Industrial Fabric Market Size FAQs

The Industrial Fabric Market is projected to register a CAGR of greater than 3% during the forecast period (2024-2029)

Habasit, TORAY INDUSTRIES, INC., W. Barnet GmbH & Co. KG , Bridgestone Corporation and Forbo International SA are the major companies operating in the Industrial Fabric Market.

Industrial Fabric Report Snapshots

Industrial Fabric Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)