Industrial Fabric Market Global Outlook 2020-2026: Ahlstrom-Munksjo, Berry Global Inc., Bridgestone Corporation, Cerex Advanced Fabrics, Inc

The Global Industrial Fabric Market Research Report 2020-2025 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data which enhances the understanding, scope and application of this report.

The market for industrial fabric is expected to grow at a CAGR of over 3% during the forecast period.

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Key Market Players:

Ahlstrom-Munksjo, Berry Global Inc., Bridgestone Corporation, Cerex Advanced Fabrics, Inc., Contitech AG, DuPont de Nemours, Inc., Fitesa S.A. and Affiliates, Forbo International SA, Habasit, Johns Manville, Kimberly-Clark Corporation, TORAY INDUSTRIES, INC., W. Barnet GmbH & Co. KG and Other

Industry News:

MARCH 7, 2019: Ahlstrom-Munksjö introduces a new product from its HighFlow platform. HighFlow Marine glass and carbon fiber reinforcement fabrics are ideally positioned for the marine industry. HighFlow fabric delivers excellent resin infusion speed and minimizes air voids in the structure. Making the manufacturing process faster and more effective

“We have seen manufacturers moving from open mold to closed mold processes. HighFlow platform is our response to the industry change. It delivers unrivalled resin infusion speed, minimizes air voids and reduces costs by up to 15%”, states Pekka Helynranta, VP Building and Wind. “We believe that this new fabric will become the product of choice in vacuum infusion processes”.
Key Market Trends

Increasing Application in Automobile Interior Trim

- Industrial fabrics are specially designed and engineered products used for challenging and high-performance applications.
- These Industrial fabrics have greater application in making automobiles interior trim like carpets, seat covers roof and door liners which constitutes a major part for industrial fabric market.
- In United States, the revenue per utility vehicle auto brands pocketed in Q1 2019 skyrocketed from USD 800 to USD 33,100 compared to the same in FY18.
- The global automotive production has been on a rapid decline in 2019. But, with the increasing advancements in development of advanced interior trims, the usage of industrial fabric has been gradually increasing.
- Automobile industry leads in the utilization of industrial fabrics with China, United States, Germany, United Kingdom, India and Japan playing a major role in this market.

Asia-Pacific Region to Dominate the Market

- Asia-Pacific region is expected to dominate the market for industrial fabrics during the forecast period. In countries like China, India and Japan because of the high demand applications for interior trims of automobiles, fire protective apparel, the market for industrial fabric has been increasing.
- The largest producers of industrial fabric are located in Asia-Pacific region. Some of the leading companies in the production of industrial fabric are Bridgestone Corporation, Forbo International SA, Habasit, TORAY INDUSTRIES, INC.
- According to Indian Bureau of Mines, the mining industry witnessed a 2.9% Y-o-Y growth in 2019 over 2.3% in 2018 which created a major market (for conveyor belts) in this sector during the time period.
- The total mining production in China recorded an all time high in September 2019, when the output grew by about 8.1%.
- The aforementioned factors coupled with government support are contributing to the increasing demand for industrial fabric market during the forecast period.

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The market factors explained in the report:

Market Overview: It includes Industrial Fabric Market study scope, top key players, segments, market analysis by application, market analysis by type, and other chapters that give an overview of the research study.

Executive Summary: The Industrial Fabric Market report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Regional Study: All of the regions and countries analyzed in the Industrial Fabric Market report is studied on the basis of market size by application, the market size by product, key players, and market forecast.

Key Players: This part of the Industrial Fabric Market report discusses expansion plans of companies, key mergers and acquisitions, funding and investment analysis, company establishment dates, revenues of manufacturers, and their areas served and manufacturing bases.

Market Forecast: Here, the report offers a complete forecast of the global Industrial Fabric Market by product, application, and region. It also offers global sales and revenue forecasts for all years of the forecast period.

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