What is the current Industrial Fabric Market size?

The Industrial Fabric Market is projected to register a CAGR of greater than 3% during the forecast period (2024-2029) Read More

Who are the key players in Industrial Fabric Market?

Habasit, TORAY INDUSTRIES, INC., W. Barnet GmbH & Co. KG , Bridgestone Corporation and Forbo International SA are the major companies operating in the Industrial Fabric Market. Read More

Which is the fastest growing region in Industrial Fabric Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Industrial Fabric Market?

In 2024, the Asia Pacific accounts for the largest market share in Industrial Fabric Market. Read More

What years does this Industrial Fabric Market cover?

The report covers the Industrial Fabric Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Industrial Fabric Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Industrial Fabric Market Trends

Statistics for the 2023 & 2024 Industrial Fabric market trends, created by Mordor Intelligence™ Industry Reports. Industrial Fabric trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

Market Trends of Industrial Fabric Industry

This section covers the major market trends shaping the Industrial Fabric Market according to our research experts:

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 automobile's 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 FY'18.
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.

Industrial Fabric Market, Revenue (%), by Application, Global, 2019

Understand The Key Trends Shaping This Market

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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.