Industrial fabrics market to hit $170,00 mn by 2024
Industrial fabrics are designed and engineered to be used in products, processes, or services where functional requirement trump the aesthetic form commonly considered the realm of textiles.
The different types of industrial fibers used are carbon fabric, fiberglass, crewel, reflective, quilted, laminated, vinyl, and narrow. Industrial fibers are used for various uses like cleaning, wicking, protecting and filtering. Increase in demand for aramid fibers from military and defense sector, speedy developing automobile industry and growing use in automotive industry and growing applications in several industrial processes and products are few drivers of industrial threads market. Furthermore, increasing use in the manufacturing of different products are also driving the market growth. However, stringent regulations for manufacturing of industrial fabric is hampering the growth of industrial threads market.
Increasing innovations in the fabric quality for fashion industry is an emerging trend observed in industrial fabrics market. Nonetheless, explosive demand from filtration application is expected to offer opportunities to the market players. Market is categorized on the basis of type, application, and geography. On the basis of type, market is divided into polyester, aramid, polyamide, and composite (carbon fiber, glass fiber). Polyester segment leads the market in forthcoming years due to its characteristics like high durability, brilliant dimension stability, high level of abrasion resistance, etc.