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Market Overview
The global Belting Fabrics market was valued at USD 3.87 billion in 2022 and expected to grow at a CAGR of 5.2% during the forecast period. Belting fabrics are woven or non-woven fabrics used for the reinforcement of conveyor belts and other belting applications. They are designed to provide durability, strength, and stability to the belts to ensure their safe and efficient operation. Belting fabrics are made from a variety of materials including polyester, nylon, cotton, aramid, and glass fibers, and they can be coated with various materials to provide additional properties such as abrasion resistance, fire retardance, and oil resistance.
Belting fabrics are used in a wide range of industries including mining, agriculture, automotive, packaging, and food processing. They are essential components of conveyor systems that are used for the transportation of materials in manufacturing processes. Belting fabrics are also used in the production of other products such as transmission belts, elevator belts, and power transmission belts.
The global belting fabrics market is expected to experience growth in the coming years due to increasing demand for belting fabrics in various industries. The market is driven by the growth in the manufacturing sector and the increasing use of conveyor systems in various industries. Additionally, the development of new materials and coatings for belting fabrics is expected to further drive the growth of the market.
The market is expected to be driven by the growing demand for belting fabrics in various end-use industries such as mining, construction, transportation, and others. Additionally, the increasing use of conveyor belts in industries is also expected to boost the demand for belting fabrics.
Based on product type, the heavyweight belting segment is expected to hold the largest market share due to its durability and strength in heavy-duty applications. On the basis of material, the synthetic segment is expected to dominate the market owing to its advantages such as high strength, flexibility, and resistance to wear and tear.
Geographically, the Asia Pacific region is expected to hold the largest market share due to the presence of major manufacturers and the growing demand for belting fabrics in the mining and construction sectors. The increasing investments in the infrastructure development and rising demand for power generation are also expected to fuel the market growth in the region.
The key players operating in the global belting fabrics market are investing in research and development activities to innovate and introduce new products in the market. Additionally, the players are focusing on expanding their geographical presence through mergers and acquisitions, partnerships, and collaborations.
Report Scope
Report Attributes | Description |
Market Size in 2022 | USD 3.87 Billion |
Market Forecast in 2031 | USD 7.45 Billion |
CAGR % 2023-2031 | 5.2% |
Base Year | 2022 |
Historic Data | 2019-2021 |
Forecast Period | 2023-2031 |
Report USP | Production, Consumption, company share, company heatmap, company production capacity, growth factors and more |
Segments Covered | 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) |
Regional Scope | North America, Europe, APAC, South America and Middle East and Africa |
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 |
Key Companies | 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. |
Impact of COVID
The COVID-19 pandemic has impacted the Belting Fabrics market in various ways. Due to the pandemic, the supply chain of raw materials and finished products has been disrupted, leading to a shortage of Belting Fabrics in the market. The lockdowns and restrictions imposed by various governments have also resulted in a decline in demand for Belting Fabrics in some regions. The closure of manufacturing facilities has resulted in reduced production of Belting Fabrics, which has led to increased prices. Additionally, the uncertainty of the pandemic has resulted in companies reducing their investment in new projects and expansion, which has further affected the growth of the Belting Fabrics market. However, with the lifting of lockdowns and relaxation of restrictions, the market is expected to witness growth in the coming years. The demand for Belting Fabrics is expected to increase in the automotive, construction, and textile industries, which will drive the growth of the market. The market is also expected to witness growth due to the increasing demand for sustainable and eco-friendly materials.
Fabric Insights
Polyester: Polyester belting fabrics are lightweight, durable, and have good dimensional stability. They are widely used in conveyor belts and power transmission belts.
Nylon 6: Nylon 6 belting fabrics have high tensile strength, good flexibility, and excellent abrasion resistance. They are used in heavy-duty conveyor belts, power transmission belts, and other industrial applications.
Nylon 66: Nylon 66 belting fabrics have high strength, stiffness, and resistance to heat and chemicals. They are used in applications that require high tensile strength and dimensional stability.
Monofilament: Monofilament belting fabrics are made from a single continuous filament of polyester or nylon. They have high strength and are used in applications that require good flexibility and durability.
Aramid: Aramid belting fabrics have high strength and excellent resistance to heat, chemicals, and abrasion. They are used in applications that require high strength and dimensional stability.
Steel: Steel belting fabrics are made from high-strength steel cords and are used in applications that require high tensile strength and resistance to impact and abrasion.
Other: Other types of belting fabrics include cotton, rayon, and fiberglass, among others.
The choice of belting fabric depends on the specific application requirements such as load capacity, speed, and environment. Each type of fabric has its own advantages and disadvantages, and manufacturers choose the appropriate fabric based on the specific application requirements.
Type Insights
Belting fabrics are an essential component of various industrial belts that are used for power transmission and conveying materials. The global belting fabrics market is segmented by type into transmission belts, sandwich belts, and conveyor belts.
Transmission belts are used to transmit power from one shaft to another, and they are commonly used in industrial machinery, automobiles, and agricultural equipment. Sandwich belts consist of multiple layers of fabric and rubber, and they are used in applications where a high degree of flexibility is required. Conveyor belts are used for transporting materials in various industries, such as mining, food processing, and manufacturing.
The demand for transmission belts is expected to remain high due to their widespread use in various applications. The increasing demand for automation in manufacturing processes is also expected to boost the demand for conveyor belts. The use of sandwich belts is expected to grow due to their advantages over other types of belts, such as reduced noise, vibration, and maintenance requirements.
Asia-Pacific is the largest market for belting fabrics, followed by North America and Europe. The growth of the Asia-Pacific market is driven by the increasing demand for industrial belts in China and India, which are major manufacturing hubs. The demand for conveyor belts in the mining industry is also driving the growth of the market in this region.
The belting fabrics market is highly competitive, with several global and regional players operating in the market. The major players in the market include Habasit AG, Forbo International SA, Ammeraal Beltech Holding BV, Sampla Belting S.r.l., and Dunlop Conveyor Belting. These companies are focusing on product innovation and expanding their product portfolios to gain a competitive edge in the market.
Application Insights
Belting fabrics are widely used in various industries for the manufacturing of different types of belts such as transmission belts, conveyor belts, and sandwich belts. The market for belting fabrics is segmented based on the application, which includes industrial, agriculture, mining, packaging, automotive, and others.
The industrial segment is expected to hold a significant share of the market due to the increasing demand for conveyor belts in various industries such as food and beverage, pharmaceuticals, and manufacturing. The agriculture segment is also expected to witness significant growth due to the increasing use of belting fabrics in agricultural machinery and equipment.
The mining segment is expected to grow at a considerable rate due to the increasing demand for conveyor belts in the mining industry for transporting materials. The packaging segment is also expected to witness significant growth due to the increasing use of belting fabrics in the packaging of various products.
The automotive segment is expected to witness moderate growth due to the increasing demand for transmission belts in the automotive industry. Other applications of belting fabrics include construction, marine, and aerospace industries.
Regional Insights
In terms of market share, Asia Pacific is the largest market for belting fabrics, followed by Europe and North America. The growth in the Asia Pacific region can be attributed to the increasing demand for belting fabrics in various end-use industries, such as mining, automotive, and agriculture. Additionally, the rapid industrialization in the region is driving the demand for conveyor belts, which is further propelling the market growth.
Europe is the second-largest market for belting fabrics, owing to the presence of a large number of manufacturers and the high demand for conveyor belts in the region. The demand for belting fabrics in the automotive and packaging industries is also contributing to the market growth in the region.
North America is the third-largest market for belting fabrics, with the United States being the major contributor to the market growth. The high demand for conveyor belts in the region's manufacturing sector and the increasing investment in the mining industry are driving the market growth.
In the MEA and Latin America regions, the belting fabrics market is expected to witness steady growth during the forecast period. The growth in these regions can be attributed to the increasing investment in infrastructure and the growing demand for conveyor belts in the mining and construction industries.
Competitive Analysis
Some of the major companies operating within the market are 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. These players are focusing on product innovation, expansion, and partnerships to strengthen their market position and meet the growing demand for Belting Fabrics globally.
Why to buy this Report?
The report provides quantitative and qualitative aspect for the market in terms of value and volume, along with supporting market trends, challenges, restraints.
The report provides an in depth analysis from both production and consumption point of view at the regional and country level. Key Factors considered within the report scope are Production capacity by countries/regions, average price, consumption ratio, revenue earned and gross margin.
The report provides competitive analysis of around 30-50 companies operated in the market, these companies are bifurcated into niche players, the leaders and major contenders. The companies are analyzed in terms of following factors such as:
Business Model
Production Capacity, Revenue, Sales, Gross Margin
Key Business Strategy
SWOT Analysis
In terms of competitive landscape, the report provides distinctive factors that would help the end user in taking a key decision within the business:
Company Share Analysis from 2018-2022
Company Analysis by Revenue and Sales
Company Production Capacity, Gross Margin
Company Share Analysis by Application/End Use
Company Share Analysis by Product/Specification
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