Global Webbing Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
MarketResearch.biz delivers in-depth insights on the global Webbing market in its upcoming report titled, “Global Webbing Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027”. The global webbing market is estimated to register a CAGR of XX.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global webbing market report has been segmented on the basis of product type, application, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Webbing is strong woven fiber that is commonly available in flat strips or tube form and also can be used as a replacement of rope. Traditionally it was made using cotton and silk, currently webbing is made with polymer, nylon, and polyester. It is also made using ultra-high-molecular-weight polyethylene and Kevlar. Webbings are used in military apparels, parachutes, climbing, automobile safety, and others. Various types of webbing are available in the market with different strengths, widths, and assorted material composites.
Growing use of webbing in automotive industry for production of airbags catch belts, seat belts, safety harnesses, luggage nets is a major factor driving growth of the global webbing market. Stringent government regulations on safety belts in the vehicle can have a positive impact on growth of the global market. Increasing demand for passenger vehicles is resulting in increasing demand for webbing. Rising demand for sports goods such as runners, slings, harnesses, coupled with growing outdoor activities among individuals are factors fueling growth of the global webbing market. Increasing use of webbing in defense sector is another factor expected to boost growth of the target market.
However, some types of webbing are non-bio-degradable and stringent government regulations on its usage is a factor that may hamper growth of the global webbing market. Introduction of new webbing applications can create revenue opportunities for the players in the target market.
The market in Asia Pacific accounts for major share in terms of revenue and is expected maintain its position over the forecast period. Growing industrialization and increasing automotive industry in this region are factors driving growth of the global webbing market. Increasing military budget in emerging economies and growing investments in manufacturing, transport, as well as aerospace sector are also factors expected propel growth of the market in Asia Pacific region. The market in Europe is expected to witness lucrative growth in the near future, owing to presence of a robust automobile industry in this region. The market in North America is anticipated to witness high growth, followed by Latin America, and Middle East and Africa.
Segmentation by product type:
- Carbon Fiber
- Ultra-high-molecular-weight polyethylene (UHMWPE)
- P-Aramid Fiber
Segmentation by application:
- Sports Goods
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2020 Estimated Year 2021 Forecast Period 2021–2030 Revenue in US$
- American Cord & Webbing Co., Inc.
- Oppermann, Einbeck, Mechanische Gurt- und Bandweberei GmbH
- Belt-Tech Products Inc.
- Narrowtex Australia Pty Ltd
- Jiangsu Daxin Webbing Co., Ltd.
- Ohio Plastics, LLC
- National Webbing Products Co.
- Murdock Webbing Company, Inc.
- Tennessee Webbing Products
- Bally Ribbon Mills Inc.
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