Industrial Fabric Market Size to Reach USD 204.80 Billion in 2028, according to Latest Analysis by Emergen Research
Rising demand for industrial fabrics in automotive applications is a major factor driving revenue growth in the global industrial fabric market.
According to Emergen Research, the global industrial fabric market is expected to reach USD 204.80 billion by 2028, with a revenue CAGR of 8.3%. The construction sector’s expansion and the increased emphasis on infrastructure development can be attributed to consistent market revenue growth. The increased use of industrial fabrics in the construction industry has significantly improved construction quality. Due to their excellent mechanical properties, including lightweight, resilience, and robustness, and better resistance to factors such as chemical degradation, creep, and deterioration by pollutants/ contaminants in the air or moisture/rain, industrial fabrics are widely used in the construction of dams, tunnels, bridges, and highways/roads. These fabrics can also withstand the effects of UV rays and corrosive acids.
Industrial fabric is a material used to create machine parts, structures, and a variety of other technical items. These fabrics are made from natural and synthetic materials such as kevlar, graphite, nylon, and fibreglass yarns, and they come in a variety of patterns or unwoven textures. These fabrics are constructed with higher-performance fibres, yarns, and chemicals to prevent catastrophic failures during industrial operations.
In terms of volume, the industrial fabric market’s largest application industry is the automobile sector. Superior strength, exceptional durability, UV stability, and superb permeability are all characteristics of industrial fabric created from fibres like polyester, polyamide, aramid, and others. Due to these characteristics, it can be used in the automotive sector in applications such carpet backing, interior fabrics, roofing, airbags, belts, hoses, seat cover fabrics, door trims, door panels, window frames, and headliners. The stain resistance and longer lifespan of industrial fabric also make it the best option for a variety of applications in the automobile sector.
Meeting the strict governmental rules is a major problem for the industrial fabric business. Synthetic fabric is more difficult to decompose than natural fibre fabric, which is safe for the environment and biodegradable. Industrial fabric is made by a multi-step process that includes weaving, spinning, and processing, all of which result in waste. Currently, a number of nations have implemented various rules pertaining to the production of industrial cloth. Therefore, industrial fabric is subject to rules across its whole value chain, from sourcing to design to pre-shipment to manufacture. Worldwide, there are also a number of laws governing things like fibre labelling and flammability tests. These laws are hindering market expansion by decreasing operational effectiveness.
Competitive Terrain:
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.
- Industrial fabric market in North America accounted for largest revenue share in 2020, attributed to rapid advancements in technology, strict legislative regulations for worker safety in industrial settings, and high demand for industrial fabrics from end-use applications. In addition, presence of leading market players such as DuPont is causative of robust market revenue growth.
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
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