Industrial Fabric Market

Industrial Fabric Market Outlook for 2024 to 2034

The industrial fabric market is valued at USD 21.20 billion in 2024 and is projected to reach USD 33.40 billion by 2034, exhibiting a CAGR of 4.60% over the forecast period.

Attributes	Key Statistics
Industrial Fabric Market Value (2024)	USD 21.20 billion
Anticipated Market Value (2034)	USD 33.40 billion
Estimated Growth (2024 to 2034)	4.60% CAGR

Key Market Drivers

The industrial fabric market generated an estimated revenue of USD 16 billion in 2019. In the span of four years, the market grew at a 6.00% CAGR and added revenue of USD 4.20 billion. Several reasons can be attributed to this growth:

• Continuous innovation in textile manufacturing processes leads to the production of high-performance industrial fabrics with enhanced durability and functionality.
• Growing construction activities worldwide, particularly in emerging economies, fueling the demand for industrial fabrics for applications such as roofing, insulation, and reinforcement.
• The expansion of the automotive sector, coupled with the demand for lightweight materials for improved fuel efficiency and performance.
• Rising emphasis on sustainability, where industries are increasingly turning to eco-friendly industrial fabrics made from recycled materials or those with low environmental impact.
• Government initiatives and investments in infrastructure development projects, such as roads, bridges, and railways, create significant opportunities for industrial fabric applications.
• Heightened awareness of workplace safety standards and regulations, leading to increased demand for industrial fabrics used in protective clothing, personal protective equipment (PPE), and industrial barriers.
• The healthcare industry's growth, particularly in the wake of the COVID-19 pandemic, is driving the demand for specialized medical textiles used in products like surgical gowns, masks, and wipes.
• Rapid urbanization contributes to the demand for industrial fabrics in various urban infrastructure projects, including roads, tunnels, and drainage systems.

Consumption Analysis of the Industrial Fabric Market

• The construction and infrastructure development sector forms one of the largest consumer groups in this market. They are used in roofing materials like membranes and tarps, providing waterproofing and protection against environmental elements
• Sales of industrial fabrics are also growing in the automotive sector. These entities incorporate industrial fabric in vehicle interiors and components, fabric upholstery, airbags, seat covers, and headliners.
• Industrial fabrics are also experiencing increasing demand from factory units in the manufacturing sector. Conveyor belts, machine covers, and filtration systems in manufacturing processes made from durable fabric materials facilitate the movement of materials and products along assembly lines in factories.
• In agriculture and horticulture, industrial fabrics serve various purposes to enhance crop production and protect plants. Greenhouse coverings made from transparent or translucent fabrics, shade nets, and erosion control fabrics, are other applications where industrial fabric is used.
• The growing adoption of industrial fabrics is also observed in the healthcare industry, particularly in the manufacturing of medical textiles. Surgical gowns, drapes, and masks made from non-woven fabrics, wipes, and hospital bedding made from soft and absorbent fabrics contribute to patient comfort and hygiene in healthcare facilities.

Factors Adversely Affecting the Industrial Fabric Market

The industrial fabric market is anticipated to surpass a valuation of USD 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:

• Alternative materials such as metals, ceramics, and composite materials for certain industrial applications pose a significant threat to the demand for industrial fabrics, hindering market growth.
• Disruptions in global supply chains due to war-like situations, civil wars, and pandemics can also lead to delays in raw material procurement, production shutdowns, and logistical challenges, slowing down the market expansion.
• Rapid technological advancements, such as 3D printing and smart materials, have already disrupted traditional manufacturing processes and product offerings in the industrial fabric market.

Category-wise Insights

Polyester Industrial Fabric to Gain Popularity in the Coming Decade

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.

• Polyester industrial fabric is anticipated to gain immense popularity in the coming decade due to its exceptional durability, versatility, and cost-effectiveness. This not only amplifies its adoption across industries but also amplifies market growth.
• As the world is constantly pushing toward sustainability and efficiency, polyester fabric offers an excellent solution for various applications such as construction, automotive, and manufacturing.

Attributes	Details
Top Product Type	Polyester
CAGR (2024 to 2034)	4.50%

Transmission Belts made from Industrial Fabric Wins the Hearts of Manufacturing Units

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

• Transmission belts made from industrial fabric exhibit high tensile strength, enabling them to withstand heavy loads and transmit power efficiently. They also offer great reliability when it comes to industrial operations, and hence, are highly preferred by manufacturing units across the world.
• The demand for industrial fabric transmission belts is also touching the skies among municipalities as these belts have low stretch characteristics, ensuring consistent and precise power transmission without slippage, even under high-torque conditions.

Attributes	Details
Top Application	Transmission belts
CAGR (2024 to 2034)	4.40%

Country-wise Insights

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%

Industrial Fabric Market in Japan

Japan dominates the industrial fabric market and is anticipated to grow at a CAGR of 5.90%.

• Japan's textile industry is renowned for its meticulous attention to detail and focus on quality in manufacturing industrial fabrics. Japanese manufacturers prioritize precision engineering and superior craftsmanship. This results in high-quality fabrics that command premium prices in domestic and international markets.
• Besides this, Japan's aging population drives demand for medical textiles and healthcare-related fabrics, including wound dressings, hospital gowns, and bedding materials. Manufacturers capitalize on this demographic trend by developing innovative fabric solutions tailored to the healthcare sector.

Industrial Fabric Market in South Korea

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.

• South Korean textile manufacturers have a strong export orientation, with a reputation for quality and reliability to capture market share in international markets. This export-driven approach drives the market growth for industrial fabric in the country.
• Apart from this, South Korea excels in producing industrial fabrics for specialized applications such as protective clothing, filtration systems, and medical textiles. The country's expertise in these niche markets promotes innovation and differentiation, driving demand for its industrial fabric products.

Industrial Fabric Market in the United Kingdom

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.

• The United Kingdom's textile industry is renowned for its innovative approach to developing advanced industrial fabrics for various sectors such as automotive, aerospace, and construction. The industry's investments in research and development drive growth by fostering the creation of high-performance fabrics that meet stringent industry standards.
• With an increasing focus on environmental awareness, the UK's textile industry is also witnessing a growing demand for eco-friendly and sustainable industrial fabrics. Manufacturers are developing fabrics made from recycled materials or incorporating biodegradable components.

Industrial Fabric Market in China

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.

• China's rapid urbanization and infrastructure development projects require a wide range of industrial fabrics for applications such as geotextiles, roofing materials, and transportation infrastructure. This growing demand for construction-related fabrics drives market growth in the country.
• Along with this, government initiatives to promote domestic manufacturing and innovation in the textile industry stimulate investment in research and development. This drives technological advancements and product diversification in the industrial fabric market.

Industrial Fabric Market in the United States

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 United States is home to a diverse range of industries that rely on industrial fabrics, such as automotive, aerospace, defense, and healthcare. This demand for specialized fabrics for these sectors drives market growth for industrial fabrics in the country.
• The continuous advancements in textile technology, such as the development of smart fabrics and advanced coatings, enhance the functionality and performance of industrial fabrics, which automatically amplifies the adoption, and thus, the expansion of the industrial fabric market in the United States.

Competitive Landscape

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

• In January 2024, Baltex expanded polyamide fabric manufacturing in Russia's Saratov region, investing over 800 million rubles. The first phase, completed in 2023, saw modernization and equipment installation. With state support, Baltex plans further upgrades, aiming for a 50% increase in production capacity.
• In November 2023, Hayleys Fabric PLC partnered with Pro Green Laboratories to repurpose textile industry waste into sustainable construction materials, following research by Professor Rangika U. Halwatura. The collaboration, launched under FaBriEco, aimed to create eco-friendly products for the local market.
• In September 2023, MAS Holdings' Fabric Park redefined sustainable manufacturing in Sri Lanka's apparel industry. Located in Thulhiriya, it encompassed 165 acres, serving as both a manufacturing hub and a testament to MAS Group's commitment to environmental harmony.
• In June 2023, Recover™, Rieter, and Polopiqué collaborated to address the textile industry's demand for high-quality, recycled fiber-enriched yarns. This pioneering partnership resulted in the production of a sustainable garment unveiled at ITMA 2023 in Milan, featuring a remarkable 40% recycled post-industrial fabric waste content.

Key Companies in the Market

• DuPont
• Ahlstrom-Munksjö
• Kimberly-Clark Corporation
• Berry Global Group
• Freudenberg Group
• Johns Manville Corporation
• Trelleborg AB
• Low & Bonar
• Asahi Kasei Corporation
• Saint-Gobain SA
• Sioen Industries NV
• Toray Industries, Inc.
• Milliken & Company
• Toyobo Co., Ltd.
• SRF Limited
• Glen Raven, Inc.
• Tencate Fabrics
• Teijin Limited
• Herculite Products Inc.
• Omnova Solutions Inc.

Key Coverage in the Industrial Fabric Industry Report

• Industrial Fabric Manufacturers
• Demand for Industrial Fabric Cutting Machines
• Industrial Vinyl Fabric for Sale in India
• Insights into the Industrial Fabric Filter Bag Manufacturing
• Wholesale Pricing for Industrial Fabrics
• Advantages of Elastic Industrial Fabric

Key Market Segmentation

By Fiber Type:

• Polyester
• Aramid
• Polyamide
• Composite
• Others

By Applications:

• Transmission Belt
• Protective Apparel
• Conveyor Belt
• Automotive Carpet
• Flame Resistance Apparel
• Others

By Region:

• North America
• Latin America
• Asia Pacific
• Middle East and Africa (MEA)
• Europe

Frequently Asked Questions

How Big is the Industrial Fabric Market in 2024?

The industrial fabric market is expected to be worth USD 21.2 billion in 2024.

What is the Sales Forecast for Industrial Fabrics through 2034?

The market for industrial fabrics is expected to reach USD 33.40 billion by 2034.

At What Rate is the Industrial Fabric Market Growing across the world?

The industrial fabric market is growing at a CAGR of 4.60% from 2024 to 2034.

Which are the Key Manufacturing Companies in the Market?

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.

What was the Overall Value of the Industrial Fabric Market in 2023?

The valuation of the industrial fabric market was USD 20.20 billion in 2023.