According to a market report by Lucintel, the future of the global webbing market looks promising with opportunities in the defense, automotive, sports goods, and industrial markets. The global webbing market is expected to reach an estimated $6.15 billion by 2030 with a CAGR of 5.6% from 2024 to 2030. The major drivers for this market are growing demand of webbing in automotive and aerospace sectors, rising need for efficient and secure packaging solutions, and increasing adoption of products that align with eco-conscious values.
A more than 150 – page report is developed to understand Trends, opportunity and forecast in webbing market to 2030 by product type (nylon, polymer, carbon fiber, ultra-high-molecular-weight polyethylene, and p-aramid fiber), application (defense, automotive, sports goods, industrial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
In this market, nylon, polymer, carbon fiber, ultra-high-molecular-weight, polyethylene, and p-aramid fiber are the major segments of webbing market by product type. Lucintel forecasts that nylon is expected to witness the highest growth over the forecast period as it is mostly used in the manufacture of airbags, seat belts, safety harnesses, luggage nets.
Within this market, automotive will remain the largest segment due to mostly used of webbing in the preparation of various automotive accessories like seat belts, safety harnesses, and airbags.
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APAC is expected to witness highest growth over the forecast period due to rapid industrialization and significantly growing automotive in the industry.
American Cord & Webbing , Bally Ribbon Mills, Belt-Tech, Murdock Webbing Company, National Webbing Products, Jiangsu Daxin Webbing, and Universal Webbing Products are the major suppliers in the webbing market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1 972.636.5056
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