The industrial fabric market size has grown strongly in recent years. It will grow from $139.31 billion in 2023 to $150.37 billion in 2024 at a compound annual growth rate (CAGR) of 7.9%. The growth observed in the historical period can be attributed to factors such as the expansion of manufacturing and industrial sectors, increased construction activities, requirements in the automotive industry, applications in agriculture, and heightened concerns and regulations related to the environment.
The industrial fabric market size is expected to see strong growth in the next few years. It will grow to $197.21 billion in 2028 at a compound annual growth rate (CAGR) of 7.0%. The anticipated growth in the forecast period can be attributed to the rise in infrastructure projects, the expansion of e-commerce and logistics, advancements in agricultural techniques, an increased emphasis on sustainable solutions, and innovation in protective clothing. Major trends expected in the forecast period include customization and specialization in fabric solutions, a growth in demand for high-temperature resistant fabrics, the utilization of industrial fabrics in architecture, the expansion of industrial fabric applications in healthcare, and the integration of digitalization in fabric manufacturing.
The industrial fabric market is anticipated to experience growth, driven by an increasing demand for vehicle production. The production of motorized vehicles, including cars, trucks, and motorcycles, utilizes industrial fabrics such as polyester and nylon. These fabrics find applications in various aspects of the automobile sector, such as knitted, woven, and nonwoven textiles, including needle punch and stitch bond fabrics for face materials, and woven fabrics for airbags and seat belts. For example, in April 2022, the European Automobile Manufacturers Association reported a global production of 79.1 million automobiles in 2021, reflecting a 1.3% increase from the previous year. The surge in vehicle production is a key factor fueling the growth of the industrial fabric market.
The industrial fabric market is set to benefit from the ongoing trend of rising industrialization. Industrialization involves the transformation of economies from agrarian and manual labor-based to industry-dominated structures, relying extensively on industrial fabrics in applications such as manufacturing, construction, and transportation. These fabrics play a vital role in creating durable and flexible components for various machines, contributing to efficient operation and power transmission. For instance, in September 2023, industrial production in the United States increased by 0.4%, with a 0.1% rise in manufacturing output. This growth in industrialization is poised to propel the industrial fabric market forward.
A significant trend in the industrial fabric market is the focus on product innovations by major companies. These companies are adopting new technologies to maintain their market positions. For instance, in May 2023, TenCate Protective Fabrics launched Tecasafe 360+, an inherently flame-resistant stretch fabric that combines protection with comfort and wearability. The fabric satisfies contemporary requirements by integrating intrinsic flame-resistant materials with the stretch properties of XLANCE fibers, offering features such as anti-bacterial, anti-viral, mosquito repellent, anti-odor, and antistatic properties. This emphasis on product innovation is a key driver in the industrial fabric market.
Major companies operating in the industrial fabric market are incorporating innovative technologies such as fabric technology to deliver reliable services to customers. Fabric technology encompasses advancements in textile materials and production processes. In January 2023, Reliance Industries Limited introduced HEXaREL, a revolutionary fabric technology for clothing and home textiles. HEXaREL fabrics regulate body temperature effectively, providing cooling in hot weather and warmth in cold weather through a unique fiber structure and phase-change materials.
In September 2022, Avient Corporation acquired DSM's protective materials business, positioning itself as a pioneer in advanced composites with DSM's high-strength Dyneema fabric, known for its lightweight and ultra-high-molecular-weight polyethylene (HMWPE) fiber. These strategic moves highlight the industry's commitment to embracing innovative fabric technologies in the pursuit of growth and enhanced product offerings.
Major companies operating in the industrial fabric market report are Saint-Gobain S.A., Bridgestone Corporation, Kimberly-Clark Corporation, Toray Industries, Toray Industries Inc., Berry Global Inc., DuPont de Nemours Inc., Ahlstrom-Munksjö Oyj, Donaldson Company Inc., Milliken & Company, Lenzing AG, Freudenberg Performance Materials SE & Co KG, Low & Bonar PLC, Forbo International SA, Albany International Corp., Cone Mills Corporation, Johns Manville Corp, Hollingsworth & Vose Co, Fitesa SA, Scott Bader Co Ltd., GSE Environmental, Habasit AG, Leigh Fibers, Tabb Textile Company Inc., Apex Mills Corp, MBK Tape Solutions, Eastex Products LLC, Dunham Rubber & Belting Corp, Herculite Products Inc., Jason Mills LLC, Cerex Advanced Fabrics Inc., Barnet GmbH & Co Kg, GR Henderson Co Textiles Ltd., TVF Carmel.
Asia-Pacific was the largest region in the industrial fabric market in 2023, and is expected to be the fastest-growing region in the forecast period. The regions covered in the industrial fabric market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the industrial fabric market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The main fiber types used in the production of industrial fabrics include aramid, polyester, polyamide, nylon, fiberglass, composite materials, Kevlar, graphite, and others. Aramid refers to a group of heat-resistant, lightweight synthetic aromatic polyamide materials that can be shaped into sheets, filaments, or threads. These materials find applications in various industries, including conveyor belts, automotive carpet, flame-resistant apparel, transmission belts, protective apparel, and others. Industrial fabrics are utilized by end-users in sectors such as clothing, homeware, accessories, and more.
The industrial fabric market research report is one of a series of new reports that provides industrial fabric market statistics, including industrial fabric industry global market size, regional shares, competitors with an industrial fabric market share, detailed industrial fabric market segments, market trends and opportunities, and any further data you may need to thrive in the industrial fabric industry. This industrial fabric market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The industrial fabric market consists of sales of polyester, teflon, woven, graphite, chiffon, and crepe. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The industrial fabric market size is expected to see strong growth in the next few years. It will grow to $197.21 billion in 2028 at a compound annual growth rate (CAGR) of 7.0%. The anticipated growth in the forecast period can be attributed to the rise in infrastructure projects, the expansion of e-commerce and logistics, advancements in agricultural techniques, an increased emphasis on sustainable solutions, and innovation in protective clothing. Major trends expected in the forecast period include customization and specialization in fabric solutions, a growth in demand for high-temperature resistant fabrics, the utilization of industrial fabrics in architecture, the expansion of industrial fabric applications in healthcare, and the integration of digitalization in fabric manufacturing.
The industrial fabric market is anticipated to experience growth, driven by an increasing demand for vehicle production. The production of motorized vehicles, including cars, trucks, and motorcycles, utilizes industrial fabrics such as polyester and nylon. These fabrics find applications in various aspects of the automobile sector, such as knitted, woven, and nonwoven textiles, including needle punch and stitch bond fabrics for face materials, and woven fabrics for airbags and seat belts. For example, in April 2022, the European Automobile Manufacturers Association reported a global production of 79.1 million automobiles in 2021, reflecting a 1.3% increase from the previous year. The surge in vehicle production is a key factor fueling the growth of the industrial fabric market.
The industrial fabric market is set to benefit from the ongoing trend of rising industrialization. Industrialization involves the transformation of economies from agrarian and manual labor-based to industry-dominated structures, relying extensively on industrial fabrics in applications such as manufacturing, construction, and transportation. These fabrics play a vital role in creating durable and flexible components for various machines, contributing to efficient operation and power transmission. For instance, in September 2023, industrial production in the United States increased by 0.4%, with a 0.1% rise in manufacturing output. This growth in industrialization is poised to propel the industrial fabric market forward.
A significant trend in the industrial fabric market is the focus on product innovations by major companies. These companies are adopting new technologies to maintain their market positions. For instance, in May 2023, TenCate Protective Fabrics launched Tecasafe 360+, an inherently flame-resistant stretch fabric that combines protection with comfort and wearability. The fabric satisfies contemporary requirements by integrating intrinsic flame-resistant materials with the stretch properties of XLANCE fibers, offering features such as anti-bacterial, anti-viral, mosquito repellent, anti-odor, and antistatic properties. This emphasis on product innovation is a key driver in the industrial fabric market.
Major companies operating in the industrial fabric market are incorporating innovative technologies such as fabric technology to deliver reliable services to customers. Fabric technology encompasses advancements in textile materials and production processes. In January 2023, Reliance Industries Limited introduced HEXaREL, a revolutionary fabric technology for clothing and home textiles. HEXaREL fabrics regulate body temperature effectively, providing cooling in hot weather and warmth in cold weather through a unique fiber structure and phase-change materials.
In September 2022, Avient Corporation acquired DSM's protective materials business, positioning itself as a pioneer in advanced composites with DSM's high-strength Dyneema fabric, known for its lightweight and ultra-high-molecular-weight polyethylene (HMWPE) fiber. These strategic moves highlight the industry's commitment to embracing innovative fabric technologies in the pursuit of growth and enhanced product offerings.
Major companies operating in the industrial fabric market report are Saint-Gobain S.A., Bridgestone Corporation, Kimberly-Clark Corporation, Toray Industries, Toray Industries Inc., Berry Global Inc., DuPont de Nemours Inc., Ahlstrom-Munksjö Oyj, Donaldson Company Inc., Milliken & Company, Lenzing AG, Freudenberg Performance Materials SE & Co KG, Low & Bonar PLC, Forbo International SA, Albany International Corp., Cone Mills Corporation, Johns Manville Corp, Hollingsworth & Vose Co, Fitesa SA, Scott Bader Co Ltd., GSE Environmental, Habasit AG, Leigh Fibers, Tabb Textile Company Inc., Apex Mills Corp, MBK Tape Solutions, Eastex Products LLC, Dunham Rubber & Belting Corp, Herculite Products Inc., Jason Mills LLC, Cerex Advanced Fabrics Inc., Barnet GmbH & Co Kg, GR Henderson Co Textiles Ltd., TVF Carmel.
Asia-Pacific was the largest region in the industrial fabric market in 2023, and is expected to be the fastest-growing region in the forecast period. The regions covered in the industrial fabric market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the industrial fabric market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The main fiber types used in the production of industrial fabrics include aramid, polyester, polyamide, nylon, fiberglass, composite materials, Kevlar, graphite, and others. Aramid refers to a group of heat-resistant, lightweight synthetic aromatic polyamide materials that can be shaped into sheets, filaments, or threads. These materials find applications in various industries, including conveyor belts, automotive carpet, flame-resistant apparel, transmission belts, protective apparel, and others. Industrial fabrics are utilized by end-users in sectors such as clothing, homeware, accessories, and more.
The industrial fabric market research report is one of a series of new reports that provides industrial fabric market statistics, including industrial fabric industry global market size, regional shares, competitors with an industrial fabric market share, detailed industrial fabric market segments, market trends and opportunities, and any further data you may need to thrive in the industrial fabric industry. This industrial fabric market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The industrial fabric market consists of sales of polyester, teflon, woven, graphite, chiffon, and crepe. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Industrial Fabric Market Characteristics3. Industrial Fabric Market Trends and Strategies32. Global Industrial Fabric Market Competitive Benchmarking33. Global Industrial Fabric Market Competitive Dashboard34. Key Mergers and Acquisitions in the Industrial Fabric Market
4. Industrial Fabric Market - Macro Economic Scenario
5. Global Industrial Fabric Market Size and Growth
6. Industrial Fabric Market Segmentation
7. Industrial Fabric Market Regional and Country Analysis
8. Asia-Pacific Industrial Fabric Market
9. China Industrial Fabric Market
10. India Industrial Fabric Market
11. Japan Industrial Fabric Market
12. Australia Industrial Fabric Market
13. Indonesia Industrial Fabric Market
14. South Korea Industrial Fabric Market
15. Western Europe Industrial Fabric Market
16. UK Industrial Fabric Market
17. Germany Industrial Fabric Market
18. France Industrial Fabric Market
19. Italy Industrial Fabric Market
20. Spain Industrial Fabric Market
21. Eastern Europe Industrial Fabric Market
22. Russia Industrial Fabric Market
23. North America Industrial Fabric Market
24. USA Industrial Fabric Market
25. Canada Industrial Fabric Market
26. South America Industrial Fabric Market
27. Brazil Industrial Fabric Market
28. Middle East Industrial Fabric Market
29. Africa Industrial Fabric Market
30. Industrial Fabric Market Competitive Landscape and Company Profiles
31. Industrial Fabric Market Other Major and Innovative Companies
35. Industrial Fabric Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Industrial Fabric Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on industrial fabric market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
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- Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
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- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
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- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for industrial fabric? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Report Scope
Markets Covered:1) By Fiber Type: Aramid; Polyester; Polyamide; Nylon; Fiberglass; Composite; Kevlar; Graphite; Other Fiber Types
2) By Application: Conveyor Belt; Automotive Carpet; Flame Resistance Apparel; Transmission Belt; Protective Apparel; Other Applications
3) By End-user: Clothing; Homeware; Accessories; Other End-Users
Key Companies Mentioned: Saint-Gobain S.A.; Bridgestone Corporation; Kimberly-Clark Corporation; Toray Industries; Toray Industries Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes
Delivery Format: PDF, Word and Excel Data Dashboard
Companies Mentioned
- Saint-Gobain S.A.
- Bridgestone Corporation
- Kimberly-Clark Corporation
- Toray Industries
- Toray Industries Inc.
- Berry Global Inc.
- DuPont de Nemours Inc.
- Ahlstrom-Munksjö Oyj
- Donaldson Company Inc.
- Milliken & Company
- Lenzing AG
- Freudenberg Performance Materials SE & Co KG
- Low & Bonar PLC
- Forbo International SA
- Albany International Corp.
- Cone Mills Corporation
- Johns Manville Corp
- Hollingsworth & Vose Co
- Fitesa SA
- Scott Bader Co Ltd.
- GSE Environmental
- Habasit AG
- Leigh Fibers
- Tabb Textile Company Inc.
- Apex Mills Corp
- MBK Tape Solutions
- Eastex Products LLC
- Dunham Rubber & Belting Corp
- Herculite Products Inc.
- Jason Mills LLC
- Cerex Advanced Fabrics Inc.
- Barnet GmbH & Co Kg
- GR Henderson Co Textiles Ltd.
- TVF Carmel
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | February 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 150.37 Billion |
Forecasted Market Value ( USD | $ 197.21 Billion |
Compound Annual Growth Rate | 7.0% |
Regions Covered | Global |
No. of Companies Mentioned | 34 |