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The global Paper Machine Clothing (PMC) Market is set to witness a move in growth by 2029 - Valuates Reports
Paper Machine Clothing (PMC) products are solution-based, custom-designed fabrics and belts critical for the formation, dewatering and transport of the paper sheet through a paper machine.The global Paper Machine Clothing (PMC) market was valued at US$ 2068.7 million in 2022 and is anticipated to reach US$ 2665.2 million by 2029, witnessing a CAGR of 3.6% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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The key manufacturers of Paper Machine Clothing (PMC) in the world are Albany International, ANDRITZ AG, AstenJohnson, Heimbach, Nippon Filcon, Voith, ICHIKAWA, Perlon and Valmet, among which the market share of the top three manufacturers is more than 50%, and the largest manufacturer is Albany International. The global production of paper machine clothing (PMC) is mainly distributed in North America, Europe and China. At present, China is the largest production area, with a market share of more than 40%. In terms of its products, the market share of forming fabrics is the highest, more than 40%, followed by press fabrics and dryer fabrics. In terms of its application, wrapping and packaging paper is the first major application field, followed by printing and writing paper and household and household and sanitary paper.
This report aims to provide a comprehensive presentation of the global market for Paper Machine Clothing (PMC), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Paper Machine Clothing (PMC).
The Paper Machine Clothing (PMC) market size, estimations, and forecasts are provided in terms of output/shipments (Tons) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Paper Machine Clothing (PMC) market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
Segment by Type
-Forming Fabrics
-Press Fabrics
-Dryer Fabrics
Segment by Application
-Household and Sanitary Paper
-Printing and Writing Paper
-Wrapping and Packing Paper
-Other
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