Industrial Fabrics Market is projected to be worth USD 192.76 billion by 2030, registering a CAGR of 8.75% during the forecast period (2022 - 2030). The market was valued at USD 110.45 billion in 2021. The industrial fabric markets are mainly non-apparel and high performance. Highly functional fabrics are mostly used in commercial and industrial applications. These are used as components of other products to alter their functional properties, strength, and functionality, and the growing demand for such fabrics is aimed to prevent mishaps and handle environmental stress and mechanical stress. However, the increasing demand for geosynthetics from various end-use sectors is one of the important drivers for these markets.
The global industrial fabrics market is categorized based on fiber type, application, and region.
Regarding fiber type, the market is divided into polyamide, polyester, aramid, composite, and other materials.
In terms of application, the market is segmented into automotive carpet, conveyor belts, transmission belts, protective apparels, flame-resistant apparel, filter media, and other uses.
In May 2023, DuPont introduced a new line of Tyvek® industrial fabrics engineered to deliver exceptional performance in diverse harsh environments.
In June 2023, Teijin announced the acquisition of Toyobo's industrial fabrics business, bolstering its global presence in the industrial fabrics sector.
In July 2023, INVISTA unveiled its latest line of Cordura® industrial fabrics, renowned for their outstanding durability and performance characteristics.
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