Belting Fabrics Market by Segmentation, Growth, Global Opportunity Analysis and Industry Forecast, 2023-2033
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.
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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.
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