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 |
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:
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:
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% |
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
Table 1: Global Market Value (US$ Million) Forecast by Region, 2019 to 2034
Table 2: Global Market Volume (Square Meter) Forecast by Region, 2019 to 2034
Table 3: Global Market Value (US$ Million) Forecast by Fiber Type, 2019 to 2034
Table 4: Global Market Volume (Square Meter) Forecast by Fiber Type, 2019 to 2034
Table 5: Global Market Value (US$ Million) Forecast by Applications, 2019 to 2034
Table 6: Global Market Volume (Square Meter) Forecast by Applications, 2019 to 2034
Table 7: North America Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 8: North America Market Volume (Square Meter) Forecast by Country, 2019 to 2034
Table 9: North America Market Value (US$ Million) Forecast by Fiber Type, 2019 to 2034
Table 10: North America Market Volume (Square Meter) Forecast by Fiber Type, 2019 to 2034
Table 11: North America Market Value (US$ Million) Forecast by Applications, 2019 to 2034
Table 12: North America Market Volume (Square Meter) Forecast by Applications, 2019 to 2034
Table 13: Latin America Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 14: Latin America Market Volume (Square Meter) Forecast by Country, 2019 to 2034
Table 15: Latin America Market Value (US$ Million) Forecast by Fiber Type, 2019 to 2034
Table 16: Latin America Market Volume (Square Meter) Forecast by Fiber Type, 2019 to 2034
Table 17: Latin America Market Value (US$ Million) Forecast by Applications, 2019 to 2034
Table 18: Latin America Market Volume (Square Meter) Forecast by Applications, 2019 to 2034
Table 19: Western Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 20: Western Europe Market Volume (Square Meter) Forecast by Country, 2019 to 2034
Table 21: Western Europe Market Value (US$ Million) Forecast by Fiber Type, 2019 to 2034
Table 22: Western Europe Market Volume (Square Meter) Forecast by Fiber Type, 2019 to 2034
Table 23: Western Europe Market Value (US$ Million) Forecast by Applications, 2019 to 2034
Table 24: Western Europe Market Volume (Square Meter) Forecast by Applications, 2019 to 2034
Table 25: Eastern Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 26: Eastern Europe Market Volume (Square Meter) Forecast by Country, 2019 to 2034
Table 27: Eastern Europe Market Value (US$ Million) Forecast by Fiber Type, 2019 to 2034
Table 28: Eastern Europe Market Volume (Square Meter) Forecast by Fiber Type, 2019 to 2034
Table 29: Eastern Europe Market Value (US$ Million) Forecast by Applications, 2019 to 2034
Table 30: Eastern Europe Market Volume (Square Meter) Forecast by Applications, 2019 to 2034
Table 31: South Asia and Pacific Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 32: South Asia and Pacific Market Volume (Square Meter) Forecast by Country, 2019 to 2034
Table 33: South Asia and Pacific Market Value (US$ Million) Forecast by Fiber Type, 2019 to 2034
Table 34: South Asia and Pacific Market Volume (Square Meter) Forecast by Fiber Type, 2019 to 2034
Table 35: South Asia and Pacific Market Value (US$ Million) Forecast by Applications, 2019 to 2034
Table 36: South Asia and Pacific Market Volume (Square Meter) Forecast by Applications, 2019 to 2034
Table 37: East Asia Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 38: East Asia Market Volume (Square Meter) Forecast by Country, 2019 to 2034
Table 39: East Asia Market Value (US$ Million) Forecast by Fiber Type, 2019 to 2034
Table 40: East Asia Market Volume (Square Meter) Forecast by Fiber Type, 2019 to 2034
Table 41: East Asia Market Value (US$ Million) Forecast by Applications, 2019 to 2034
Table 42: East Asia Market Volume (Square Meter) Forecast by Applications, 2019 to 2034
Table 43: Middle East and Africa Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 44: Middle East and Africa Market Volume (Square Meter) Forecast by Country, 2019 to 2034
Table 45: Middle East and Africa Market Value (US$ Million) Forecast by Fiber Type, 2019 to 2034
Table 46: Middle East and Africa Market Volume (Square Meter) Forecast by Fiber Type, 2019 to 2034
Table 47: Middle East and Africa Market Value (US$ Million) Forecast by Applications, 2019 to 2034
Table 48: Middle East and Africa Market Volume (Square Meter) Forecast by Applications, 2019 to 2034
Figure 1: Global Market Value (US$ Million) by Fiber Type, 2024 to 2034
Figure 2: Global Market Value (US$ Million) by Applications, 2024 to 2034
Figure 3: Global Market Value (US$ Million) by Region, 2024 to 2034
Figure 4: Global Market Value (US$ Million) Analysis by Region, 2019 to 2034
Figure 5: Global Market Volume (Square Meter) Analysis by Region, 2019 to 2034
Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2024 to 2034
Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2024 to 2034
Figure 8: Global Market Value (US$ Million) Analysis by Fiber Type, 2019 to 2034
Figure 9: Global Market Volume (Square Meter) Analysis by Fiber Type, 2019 to 2034
Figure 10: Global Market Value Share (%) and BPS Analysis by Fiber Type, 2024 to 2034
Figure 11: Global Market Y-o-Y Growth (%) Projections by Fiber Type, 2024 to 2034
Figure 12: Global Market Value (US$ Million) Analysis by Applications, 2019 to 2034
Figure 13: Global Market Volume (Square Meter) Analysis by Applications, 2019 to 2034
Figure 14: Global Market Value Share (%) and BPS Analysis by Applications, 2024 to 2034
Figure 15: Global Market Y-o-Y Growth (%) Projections by Applications, 2024 to 2034
Figure 16: Global Market Attractiveness by Fiber Type, 2024 to 2034
Figure 17: Global Market Attractiveness by Applications, 2024 to 2034
Figure 18: Global Market Attractiveness by Region, 2024 to 2034
Figure 19: North America Market Value (US$ Million) by Fiber Type, 2024 to 2034
Figure 20: North America Market Value (US$ Million) by Applications, 2024 to 2034
Figure 21: North America Market Value (US$ Million) by Country, 2024 to 2034
Figure 22: North America Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 23: North America Market Volume (Square Meter) Analysis by Country, 2019 to 2034
Figure 24: North America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 25: North America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 26: North America Market Value (US$ Million) Analysis by Fiber Type, 2019 to 2034
Figure 27: North America Market Volume (Square Meter) Analysis by Fiber Type, 2019 to 2034
Figure 28: North America Market Value Share (%) and BPS Analysis by Fiber Type, 2024 to 2034
Figure 29: North America Market Y-o-Y Growth (%) Projections by Fiber Type, 2024 to 2034
Figure 30: North America Market Value (US$ Million) Analysis by Applications, 2019 to 2034
Figure 31: North America Market Volume (Square Meter) Analysis by Applications, 2019 to 2034
Figure 32: North America Market Value Share (%) and BPS Analysis by Applications, 2024 to 2034
Figure 33: North America Market Y-o-Y Growth (%) Projections by Applications, 2024 to 2034
Figure 34: North America Market Attractiveness by Fiber Type, 2024 to 2034
Figure 35: North America Market Attractiveness by Applications, 2024 to 2034
Figure 36: North America Market Attractiveness by Country, 2024 to 2034
Figure 37: Latin America Market Value (US$ Million) by Fiber Type, 2024 to 2034
Figure 38: Latin America Market Value (US$ Million) by Applications, 2024 to 2034
Figure 39: Latin America Market Value (US$ Million) by Country, 2024 to 2034
Figure 40: Latin America Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 41: Latin America Market Volume (Square Meter) Analysis by Country, 2019 to 2034
Figure 42: Latin America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 43: Latin America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 44: Latin America Market Value (US$ Million) Analysis by Fiber Type, 2019 to 2034
Figure 45: Latin America Market Volume (Square Meter) Analysis by Fiber Type, 2019 to 2034
Figure 46: Latin America Market Value Share (%) and BPS Analysis by Fiber Type, 2024 to 2034
Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Fiber Type, 2024 to 2034
Figure 48: Latin America Market Value (US$ Million) Analysis by Applications, 2019 to 2034
Figure 49: Latin America Market Volume (Square Meter) Analysis by Applications, 2019 to 2034
Figure 50: Latin America Market Value Share (%) and BPS Analysis by Applications, 2024 to 2034
Figure 51: Latin America Market Y-o-Y Growth (%) Projections by Applications, 2024 to 2034
Figure 52: Latin America Market Attractiveness by Fiber Type, 2024 to 2034
Figure 53: Latin America Market Attractiveness by Applications, 2024 to 2034
Figure 54: Latin America Market Attractiveness by Country, 2024 to 2034
Figure 55: Western Europe Market Value (US$ Million) by Fiber Type, 2024 to 2034
Figure 56: Western Europe Market Value (US$ Million) by Applications, 2024 to 2034
Figure 57: Western Europe Market Value (US$ Million) by Country, 2024 to 2034
Figure 58: Western Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 59: Western Europe Market Volume (Square Meter) Analysis by Country, 2019 to 2034
Figure 60: Western Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 61: Western Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 62: Western Europe Market Value (US$ Million) Analysis by Fiber Type, 2019 to 2034
Figure 63: Western Europe Market Volume (Square Meter) Analysis by Fiber Type, 2019 to 2034
Figure 64: Western Europe Market Value Share (%) and BPS Analysis by Fiber Type, 2024 to 2034
Figure 65: Western Europe Market Y-o-Y Growth (%) Projections by Fiber Type, 2024 to 2034
Figure 66: Western Europe Market Value (US$ Million) Analysis by Applications, 2019 to 2034
Figure 67: Western Europe Market Volume (Square Meter) Analysis by Applications, 2019 to 2034
Figure 68: Western Europe Market Value Share (%) and BPS Analysis by Applications, 2024 to 2034
Figure 69: Western Europe Market Y-o-Y Growth (%) Projections by Applications, 2024 to 2034
Figure 70: Western Europe Market Attractiveness by Fiber Type, 2024 to 2034
Figure 71: Western Europe Market Attractiveness by Applications, 2024 to 2034
Figure 72: Western Europe Market Attractiveness by Country, 2024 to 2034
Figure 73: Eastern Europe Market Value (US$ Million) by Fiber Type, 2024 to 2034
Figure 74: Eastern Europe Market Value (US$ Million) by Applications, 2024 to 2034
Figure 75: Eastern Europe Market Value (US$ Million) by Country, 2024 to 2034
Figure 76: Eastern Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 77: Eastern Europe Market Volume (Square Meter) Analysis by Country, 2019 to 2034
Figure 78: Eastern Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 79: Eastern Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 80: Eastern Europe Market Value (US$ Million) Analysis by Fiber Type, 2019 to 2034
Figure 81: Eastern Europe Market Volume (Square Meter) Analysis by Fiber Type, 2019 to 2034
Figure 82: Eastern Europe Market Value Share (%) and BPS Analysis by Fiber Type, 2024 to 2034
Figure 83: Eastern Europe Market Y-o-Y Growth (%) Projections by Fiber Type, 2024 to 2034
Figure 84: Eastern Europe Market Value (US$ Million) Analysis by Applications, 2019 to 2034
Figure 85: Eastern Europe Market Volume (Square Meter) Analysis by Applications, 2019 to 2034
Figure 86: Eastern Europe Market Value Share (%) and BPS Analysis by Applications, 2024 to 2034
Figure 87: Eastern Europe Market Y-o-Y Growth (%) Projections by Applications, 2024 to 2034
Figure 88: Eastern Europe Market Attractiveness by Fiber Type, 2024 to 2034
Figure 89: Eastern Europe Market Attractiveness by Applications, 2024 to 2034
Figure 90: Eastern Europe Market Attractiveness by Country, 2024 to 2034
Figure 91: South Asia and Pacific Market Value (US$ Million) by Fiber Type, 2024 to 2034
Figure 92: South Asia and Pacific Market Value (US$ Million) by Applications, 2024 to 2034
Figure 93: South Asia and Pacific Market Value (US$ Million) by Country, 2024 to 2034
Figure 94: South Asia and Pacific Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 95: South Asia and Pacific Market Volume (Square Meter) Analysis by Country, 2019 to 2034
Figure 96: South Asia and Pacific Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 97: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 98: South Asia and Pacific Market Value (US$ Million) Analysis by Fiber Type, 2019 to 2034
Figure 99: South Asia and Pacific Market Volume (Square Meter) Analysis by Fiber Type, 2019 to 2034
Figure 100: South Asia and Pacific Market Value Share (%) and BPS Analysis by Fiber Type, 2024 to 2034
Figure 101: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Fiber Type, 2024 to 2034
Figure 102: South Asia and Pacific Market Value (US$ Million) Analysis by Applications, 2019 to 2034
Figure 103: South Asia and Pacific Market Volume (Square Meter) Analysis by Applications, 2019 to 2034
Figure 104: South Asia and Pacific Market Value Share (%) and BPS Analysis by Applications, 2024 to 2034
Figure 105: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Applications, 2024 to 2034
Figure 106: South Asia and Pacific Market Attractiveness by Fiber Type, 2024 to 2034
Figure 107: South Asia and Pacific Market Attractiveness by Applications, 2024 to 2034
Figure 108: South Asia and Pacific Market Attractiveness by Country, 2024 to 2034
Figure 109: East Asia Market Value (US$ Million) by Fiber Type, 2024 to 2034
Figure 110: East Asia Market Value (US$ Million) by Applications, 2024 to 2034
Figure 111: East Asia Market Value (US$ Million) by Country, 2024 to 2034
Figure 112: East Asia Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 113: East Asia Market Volume (Square Meter) Analysis by Country, 2019 to 2034
Figure 114: East Asia Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 115: East Asia Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 116: East Asia Market Value (US$ Million) Analysis by Fiber Type, 2019 to 2034
Figure 117: East Asia Market Volume (Square Meter) Analysis by Fiber Type, 2019 to 2034
Figure 118: East Asia Market Value Share (%) and BPS Analysis by Fiber Type, 2024 to 2034
Figure 119: East Asia Market Y-o-Y Growth (%) Projections by Fiber Type, 2024 to 2034
Figure 120: East Asia Market Value (US$ Million) Analysis by Applications, 2019 to 2034
Figure 121: East Asia Market Volume (Square Meter) Analysis by Applications, 2019 to 2034
Figure 122: East Asia Market Value Share (%) and BPS Analysis by Applications, 2024 to 2034
Figure 123: East Asia Market Y-o-Y Growth (%) Projections by Applications, 2024 to 2034
Figure 124: East Asia Market Attractiveness by Fiber Type, 2024 to 2034
Figure 125: East Asia Market Attractiveness by Applications, 2024 to 2034
Figure 126: East Asia Market Attractiveness by Country, 2024 to 2034
Figure 127: Middle East and Africa Market Value (US$ Million) by Fiber Type, 2024 to 2034
Figure 128: Middle East and Africa Market Value (US$ Million) by Applications, 2024 to 2034
Figure 129: Middle East and Africa Market Value (US$ Million) by Country, 2024 to 2034
Figure 130: Middle East and Africa Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 131: Middle East and Africa Market Volume (Square Meter) Analysis by Country, 2019 to 2034
Figure 132: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 133: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 134: Middle East and Africa Market Value (US$ Million) Analysis by Fiber Type, 2019 to 2034
Figure 135: Middle East and Africa Market Volume (Square Meter) Analysis by Fiber Type, 2019 to 2034
Figure 136: Middle East and Africa Market Value Share (%) and BPS Analysis by Fiber Type, 2024 to 2034
Figure 137: Middle East and Africa Market Y-o-Y Growth (%) Projections by Fiber Type, 2024 to 2034
Figure 138: Middle East and Africa Market Value (US$ Million) Analysis by Applications, 2019 to 2034
Figure 139: Middle East and Africa Market Volume (Square Meter) Analysis by Applications, 2019 to 2034
Figure 140: Middle East and Africa Market Value Share (%) and BPS Analysis by Applications, 2024 to 2034
Figure 141: Middle East and Africa Market Y-o-Y Growth (%) Projections by Applications, 2024 to 2034
Figure 142: Middle East and Africa Market Attractiveness by Fiber Type, 2024 to 2034
Figure 143: Middle East and Africa Market Attractiveness by Applications, 2024 to 2034
Figure 144: Middle East and Africa Market Attractiveness by Country, 2024 to 2034
The industrial fabric market is expected to be worth USD 21.2 billion in 2024.
The market for industrial fabrics is expected to reach USD 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 USD 20.20 billion in 2023.
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