The industrial fabric market is valued at US$ 21.20 billion in 2024 and is projected to reach US$ 33.40 billion by 2034, exhibiting a CAGR of 4.60% over the forecast period.
Attributes | Key Statistics |
---|---|
Industrial Fabric Market Value (2024) | US$ 21.20 billion |
Anticipated Market Value (2034) | US$ 33.40 billion |
Estimated Growth (2024 to 2034) | 4.60% CAGR |
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The industrial fabric market generated an estimated revenue of US$ 16 billion in 2019. In the span of four years, the market grew at a 6.00% CAGR and added revenue of US$ 4.20 billion. Several reasons can be attributed to this growth:
The industrial fabric market is anticipated to surpass a valuation of US$ US$ 33.4 billion by 2034, expanding at a 4.6% CAGR. While the market is expected to experience remarkable growth, several restraining factors could adversely affect its development:
Depending on the fiber type, the industrial fabric market is bifurcated into polyester, aramid, polyamide, composite, etc. The polyester segment is anticipated to grow at a CAGR of 4.5% until 2034.
Attributes | Details |
---|---|
Top Product Type | Polyester |
CAGR (2024 to 2034) | 4.50% |
The industrial fabric market is categorized by applications into transmission belts, protective apparel, conveyor belts, automotive carpets, etc. The transmission belts segment dominates the market and is anticipated to grow at a CAGR of 4.4% through 2034
Attributes | Details |
---|---|
Top Application | Transmission belts |
CAGR (2024 to 2034) | 4.40% |
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The section provides an analysis of the industrial fabric market by country, including India, China, Germany, and the United States. The table presents the CAGR for each country, indicating the expected growth of the market in that country through 2034.
Countries | CAGR (2024 to 2034) |
---|---|
Japan | 5.90% |
South Korea | 5.50% |
United Kingdom | 5.10% |
China | 5.00% |
United States | 4.80% |
Japan dominates the industrial fabric market and is anticipated to grow at a CAGR of 5.90%.
South Korea is also one of the leading countries in the industrial fabric market. The Korean market for industrial fabric is anticipated to grow at a CAGR of 5.50% through 2034.
The United Kingdom also leads the global industrial fabric market. Over the next ten years, the demand for industrial fabrics is projected to rise at a 5.10% CAGR through 2034.
China is also one of the leading countries in this market. The Chinese industrial fabric market is anticipated to retain its dominance by progressing at a CAGR of 5.00% through 2034.
The United States also dominates the industrial fabric market. The United States industrial fabric market is anticipated to retain its dominance by progressing at a growth rate of 4.80% till 2034.
The market for industrial fabrics consists of a multitude of companies that cater to manufacturing units and other entities across various industries. Some of these companies are Habasit AG, TORAY INDUSTRIES, INC, W.Barnet GmbH & Co. KG, Bridgestone Corporation, Forbo International SA, etc. These companies invest significantly in research and development activities to come up with more eco-friendly and environmentally sustainable fabrics to cater to the demands of eco-conscious consumers and businesses.
Apart from these, mergers and acquisitions in this industry are very common as companies try to take advantage of each other’s expertise and supply chain capabilities.
Recent Developments
The industrial fabric market is expected to be worth US$ 21.2 billion in 2024.
The market for industrial fabrics is expected to reach US$ 33.40 billion by 2034.
The industrial fabric market is growing at a CAGR of 4.60% from 2024 to 2034.
Habasit AG, TORAY INDUSTRIES, INC, W.Barnet GmbH & Co. KG, Bridgestone Corporation, and Forbo International SA are some of the major players in the market for industrial fabrics.
The valuation of the industrial fabric market was US$ 20.20 billion in 2023.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034
4.1. Historical Market Size Value (US$ Million) & Volume (Square Meter) Analysis, 2019 to 2023
4.2. Current and Future Market Size Value (US$ Million) & Volume (Square Meter) Projections, 2024 to 2034
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Fiber Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Square Meter) Analysis By Fiber Type, 2019 to 2023
5.3. Current and Future Market Size Value (US$ Million) & Volume (Square Meter) Analysis and Forecast By Fiber Type, 2024 to 2034
5.3.1. Polyester
5.3.2. Aramid
5.3.3. Polyamide
5.3.4. Composite
5.3.5. Others
5.4. Y-o-Y Growth Trend Analysis By Fiber Type, 2019 to 2023
5.5. Absolute $ Opportunity Analysis By Fiber Type, 2024 to 2034
6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Applications
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Square Meter) Analysis By Applications, 2019 to 2023
6.3. Current and Future Market Size Value (US$ Million) & Volume (Square Meter) Analysis and Forecast By Applications, 2024 to 2034
6.3.1. Transmission Belt
6.3.2. Protective Apparel
6.3.3. Conveyor Belt
6.3.4. Automotive Carpet
6.3.5. Flame Resistance Apparel
6.3.6. Others
6.4. Y-o-Y Growth Trend Analysis By Applications, 2019 to 2023
6.5. Absolute $ Opportunity Analysis By Applications, 2024 to 2034
7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
7.1. Introduction
7.2. Historical Market Size Value (US$ Million) & Volume (Square Meter) Analysis By Region, 2019 to 2023
7.3. Current Market Size Value (US$ Million) & Volume (Square Meter) Analysis and Forecast By Region, 2024 to 2034
7.3.1. North America
7.3.2. Latin America
7.3.3. Western Europe
7.3.4. Eastern Europe
7.3.5. South Asia and Pacific
7.3.6. East Asia
7.3.7. Middle East and Africa
7.4. Market Attractiveness Analysis By Region
8. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
8.1. Historical Market Size Value (US$ Million) & Volume (Square Meter) Trend Analysis By Market Taxonomy, 2019 to 2023
8.2. Market Size Value (US$ Million) & Volume (Square Meter) Forecast By Market Taxonomy, 2024 to 2034
8.2.1. By Country
8.2.1.1. USA
8.2.1.2. Canada
8.2.2. By Fiber Type
8.2.3. By Applications
8.3. Market Attractiveness Analysis
8.3.1. By Country
8.3.2. By Fiber Type
8.3.3. By Applications
8.4. Key Takeaways
9. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
9.1. Historical Market Size Value (US$ Million) & Volume (Square Meter) Trend Analysis By Market Taxonomy, 2019 to 2023
9.2. Market Size Value (US$ Million) & Volume (Square Meter) Forecast By Market Taxonomy, 2024 to 2034
9.2.1. By Country
9.2.1.1. Brazil
9.2.1.2. Mexico
9.2.1.3. Rest of Latin America
9.2.2. By Fiber Type
9.2.3. By Applications
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Fiber Type
9.3.3. By Applications
9.4. Key Takeaways
10. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
10.1. Historical Market Size Value (US$ Million) & Volume (Square Meter) Trend Analysis By Market Taxonomy, 2019 to 2023
10.2. Market Size Value (US$ Million) & Volume (Square Meter) Forecast By Market Taxonomy, 2024 to 2034
10.2.1. By Country
10.2.1.1. Germany
10.2.1.2. UK
10.2.1.3. France
10.2.1.4. Spain
10.2.1.5. Italy
10.2.1.6. Rest of Western Europe
10.2.2. By Fiber Type
10.2.3. By Applications
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Fiber Type
10.3.3. By Applications
10.4. Key Takeaways
11. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
11.1. Historical Market Size Value (US$ Million) & Volume (Square Meter) Trend Analysis By Market Taxonomy, 2019 to 2023
11.2. Market Size Value (US$ Million) & Volume (Square Meter) Forecast By Market Taxonomy, 2024 to 2034
11.2.1. By Country
11.2.1.1. Poland
11.2.1.2. Russia
11.2.1.3. Czech Republic
11.2.1.4. Romania
11.2.1.5. Rest of Eastern Europe
11.2.2. By Fiber Type
11.2.3. By Applications
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Fiber Type
11.3.3. By Applications
11.4. Key Takeaways
12. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
12.1. Historical Market Size Value (US$ Million) & Volume (Square Meter) Trend Analysis By Market Taxonomy, 2019 to 2023
12.2. Market Size Value (US$ Million) & Volume (Square Meter) Forecast By Market Taxonomy, 2024 to 2034
12.2.1. By Country
12.2.1.1. India
12.2.1.2. Bangladesh
12.2.1.3. Australia
12.2.1.4. New Zealand
12.2.1.5. Rest of South Asia and Pacific
12.2.2. By Fiber Type
12.2.3. By Applications
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Fiber Type
12.3.3. By Applications
12.4. Key Takeaways
13. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
13.1. Historical Market Size Value (US$ Million) & Volume (Square Meter) Trend Analysis By Market Taxonomy, 2019 to 2023
13.2. Market Size Value (US$ Million) & Volume (Square Meter) Forecast By Market Taxonomy, 2024 to 2034
13.2.1. By Country
13.2.1.1. China
13.2.1.2. Japan
13.2.1.3. South Korea
13.2.2. By Fiber Type
13.2.3. By Applications
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Fiber Type
13.3.3. By Applications
13.4. Key Takeaways
14. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
14.1. Historical Market Size Value (US$ Million) & Volume (Square Meter) Trend Analysis By Market Taxonomy, 2019 to 2023
14.2. Market Size Value (US$ Million) & Volume (Square Meter) Forecast By Market Taxonomy, 2024 to 2034
14.2.1. By Country
14.2.1.1. GCC Countries
14.2.1.2. South Africa
14.2.1.3. Israel
14.2.1.4. Rest of MEA
14.2.2. By Fiber Type
14.2.3. By Applications
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Fiber Type
14.3.3. By Applications
14.4. Key Takeaways
15. Key Countries Market Analysis
15.1. USA
15.1.1. Pricing Analysis
15.1.2. Market Share Analysis, 2023
15.1.2.1. By Fiber Type
15.1.2.2. By Applications
15.2. Canada
15.2.1. Pricing Analysis
15.2.2. Market Share Analysis, 2023
15.2.2.1. By Fiber Type
15.2.2.2. By Applications
15.3. Brazil
15.3.1. Pricing Analysis
15.3.2. Market Share Analysis, 2023
15.3.2.1. By Fiber Type
15.3.2.2. By Applications
15.4. Mexico
15.4.1. Pricing Analysis
15.4.2. Market Share Analysis, 2023
15.4.2.1. By Fiber Type
15.4.2.2. By Applications
15.5. Germany
15.5.1. Pricing Analysis
15.5.2. Market Share Analysis, 2023
15.5.2.1. By Fiber Type
15.5.2.2. By Applications
15.6. UK
15.6.1. Pricing Analysis
15.6.2. Market Share Analysis, 2023
15.6.2.1. By Fiber Type
15.6.2.2. By Applications
15.7. France
15.7.1. Pricing Analysis
15.7.2. Market Share Analysis, 2023
15.7.2.1. By Fiber Type
15.7.2.2. By Applications
15.8. Spain
15.8.1. Pricing Analysis
15.8.2. Market Share Analysis, 2023
15.8.2.1. By Fiber Type
15.8.2.2. By Applications
15.9. Italy
15.9.1. Pricing Analysis
15.9.2. Market Share Analysis, 2023
15.9.2.1. By Fiber Type
15.9.2.2. By Applications
15.10. Poland
15.10.1. Pricing Analysis
15.10.2. Market Share Analysis, 2023
15.10.2.1. By Fiber Type
15.10.2.2. By Applications
15.11. Russia
15.11.1. Pricing Analysis
15.11.2. Market Share Analysis, 2023
15.11.2.1. By Fiber Type
15.11.2.2. By Applications
15.12. Czech Republic
15.12.1. Pricing Analysis
15.12.2. Market Share Analysis, 2023
15.12.2.1. By Fiber Type
15.12.2.2. By Applications
15.13. Romania
15.13.1. Pricing Analysis
15.13.2. Market Share Analysis, 2023
15.13.2.1. By Fiber Type
15.13.2.2. By Applications
15.14. India
15.14.1. Pricing Analysis
15.14.2. Market Share Analysis, 2023
15.14.2.1. By Fiber Type
15.14.2.2. By Applications
15.15. Bangladesh
15.15.1. Pricing Analysis
15.15.2. Market Share Analysis, 2023
15.15.2.1. By Fiber Type
15.15.2.2. By Applications
15.16. Australia
15.16.1. Pricing Analysis
15.16.2. Market Share Analysis, 2023
15.16.2.1. By Fiber Type
15.16.2.2. By Applications
15.17. New Zealand
15.17.1. Pricing Analysis
15.17.2. Market Share Analysis, 2023
15.17.2.1. By Fiber Type
15.17.2.2. By Applications
15.18. China
15.18.1. Pricing Analysis
15.18.2. Market Share Analysis, 2023
15.18.2.1. By Fiber Type
15.18.2.2. By Applications
15.19. Japan
15.19.1. Pricing Analysis
15.19.2. Market Share Analysis, 2023
15.19.2.1. By Fiber Type
15.19.2.2. By Applications
15.20. South Korea
15.20.1. Pricing Analysis
15.20.2. Market Share Analysis, 2023
15.20.2.1. By Fiber Type
15.20.2.2. By Applications
15.21. GCC Countries
15.21.1. Pricing Analysis
15.21.2. Market Share Analysis, 2023
15.21.2.1. By Fiber Type
15.21.2.2. By Applications
15.22. South Africa
15.22.1. Pricing Analysis
15.22.2. Market Share Analysis, 2023
15.22.2.1. By Fiber Type
15.22.2.2. By Applications
15.23. Israel
15.23.1. Pricing Analysis
15.23.2. Market Share Analysis, 2023
15.23.2.1. By Fiber Type
15.23.2.2. By Applications
16. Market Structure Analysis
16.1. Competition Dashboard
16.2. Competition Benchmarking
16.3. Market Share Analysis of Top Players
16.3.1. By Regional
16.3.2. By Fiber Type
16.3.3. By Applications
17. Competition Analysis
17.1. Competition Deep Dive
17.1.1. Habasit AG
17.1.1.1. Overview
17.1.1.2. Product Portfolio
17.1.1.3. Profitability by Market Segments
17.1.1.4. Sales Footprint
17.1.1.5. Strategy Overview
17.1.1.5.1. Marketing Strategy
17.1.1.5.2. Product Strategy
17.1.1.5.3. Channel Strategy
17.1.2. TORAY INDUSTRIES, INC
17.1.2.1. Overview
17.1.2.2. Product Portfolio
17.1.2.3. Profitability by Market Segments
17.1.2.4. Sales Footprint
17.1.2.5. Strategy Overview
17.1.2.5.1. Marketing Strategy
17.1.2.5.2. Product Strategy
17.1.2.5.3. Channel Strategy
17.1.3. W.Barnet GmbH & Co. KG
17.1.3.1. Overview
17.1.3.2. Product Portfolio
17.1.3.3. Profitability by Market Segments
17.1.3.4. Sales Footprint
17.1.3.5. Strategy Overview
17.1.3.5.1. Marketing Strategy
17.1.3.5.2. Product Strategy
17.1.3.5.3. Channel Strategy
17.1.4. Bridgestone Corporation
17.1.4.1. Overview
17.1.4.2. Product Portfolio
17.1.4.3. Profitability by Market Segments
17.1.4.4. Sales Footprint
17.1.4.5. Strategy Overview
17.1.4.5.1. Marketing Strategy
17.1.4.5.2. Product Strategy
17.1.4.5.3. Channel Strategy
17.1.5. Forbo International SA
17.1.5.1. Overview
17.1.5.2. Product Portfolio
17.1.5.3. Profitability by Market Segments
17.1.5.4. Sales Footprint
17.1.5.5. Strategy Overview
17.1.5.5.1. Marketing Strategy
17.1.5.5.2. Product Strategy
17.1.5.5.3. Channel Strategy
17.1.6. Johns Manville
17.1.6.1. Overview
17.1.6.2. Product Portfolio
17.1.6.3. Profitability by Market Segments
17.1.6.4. Sales Footprint
17.1.6.5. Strategy Overview
17.1.6.5.1. Marketing Strategy
17.1.6.5.2. Product Strategy
17.1.6.5.3. Channel Strategy
17.1.7. Fitesa
17.1.7.1. Overview
17.1.7.2. Product Portfolio
17.1.7.3. Profitability by Market Segments
17.1.7.4. Sales Footprint
17.1.7.5. Strategy Overview
17.1.7.5.1. Marketing Strategy
17.1.7.5.2. Product Strategy
17.1.7.5.3. Channel Strategy
17.1.8. G.R. Henderson Co. Textiles Ltd
17.1.8.1. Overview
17.1.8.2. Product Portfolio
17.1.8.3. Profitability by Market Segments
17.1.8.4. Sales Footprint
17.1.8.5. Strategy Overview
17.1.8.5.1. Marketing Strategy
17.1.8.5.2. Product Strategy
17.1.8.5.3. Channel Strategy
17.1.9. Ahlstrtom-Munksjo
17.1.9.1. Overview
17.1.9.2. Product Portfolio
17.1.9.3. Profitability by Market Segments
17.1.9.4. Sales Footprint
17.1.9.5. Strategy Overview
17.1.9.5.1. Marketing Strategy
17.1.9.5.2. Product Strategy
17.1.9.5.3. Channel Strategy
17.1.10. Dupont
17.1.10.1. Overview
17.1.10.2. Product Portfolio
17.1.10.3. Profitability by Market Segments
17.1.10.4. Sales Footprint
17.1.10.5. Strategy Overview
17.1.10.5.1. Marketing Strategy
17.1.10.5.2. Product Strategy
17.1.10.5.3. Channel Strategy
18. Assumptions & Acronyms Used
19. Research Methodology
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