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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