Belting Fabrics MarketBelting Fabrics Market: 2024–2033, Trends,by Type, by Application, by End Use
With a projected valuation of USD 3.87 billion in 2022, The Belting Fabrics Market is anticipated to expand at a compound annual growth rate (CAGR) of 5.2%. Conveyor belt reinforcement and other belting applications need the use of woven or non-woven belting textiles. They are intended to give the belts stability, strength, and durability to guarantee their safe and effective operation. Polyester, nylon, cotton, aramid, and glass fibres are just a few of the materials used to make belting fabrics. To give them further qualities like abrasion resistance, fire retardance, and oil resistance, additional coatings can be applied.
Power, mining, and transportation are just a few of the industries that depend on belting fabrics for essential functions. Due to its mechanical strength, resistance to cuts and wear, and flexibility at low temperatures, which make it a preferred choice in several end-use industries, polyester is predicted to increase at the fastest rate during the projected period.
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The growing need for rubber conveyor belts in the mining, industrial, and power sectors is expected to drive significant expansion in the conveyor belt segment throughout the forecast period. Due to the region’s increasing industrialization and high demand from a variety of end-use industries, including mining, the automobile industry, and agriculture, the Asia Pacific area is predicted to dominate the belting fabric market.
To stay ahead of the competition and launch new products, the major companies in the global belting fabrics market are spending in R&D. The players are also concentrating on employing partnerships, collaborations, and mergers and acquisitions to increase their regional footprint.
Market Segmental Analysis
By Fabric
· Polyester
· Nylon 6
· Nylon 66
· Monofilament
· Aramid
· Steel
· Other
By Type
· Transmission belts
· Sandwich belts
· Conveyor belts
· By Application
· Industrial
· Agriculture
· Mining
· Packaging
· Automotive
· Others
Country Scope
U.S.; Canada; U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia; China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico; Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria
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Market Competitive Outlook
SRF Limited, Sanrhea Technical Textiles Ltd., Milliken, Star Polymers Inc, Arvind Ltd, Taconic, Azad Industries, Senyu Group, Ajy Tech India Pvt. Ltd, CEREX, FILATECH, and Shandong Helon Polytex Chemical Fibre.
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