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Webbing market to touch $3.52 bn
The global market for webbing is expected to reach $3.52 billion by 2020, according to a new study by Grand View Research Inc. Webbing demand is expected to grow with widening application scope including seat belts, safety harnesses and towing straps in automotive and transportation. Increasing construction spending coupled with growth in automotive manufacturing is expected to be critical for market development over the next six years.
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