The Global Webbing Market is expected to
display immense growth in forthcoming years. The report comprises a market that
includes fibers such as synthetic fibers including polyester, nylon and
polypropylene and derived from high strength materials such as para-aramid
synthetic fiber and UHMWPE. The market is strongly determined by increasing
automobile production that in turn is dependent on webbings used in seat-belt
composition and harnesses used in four-wheelers.
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The market is also expected to gain from webbings used in
seat belts and harnesses used for safety of passengers. Rapid industrialization
has brought to the fore the myriad uses of webbing market, this one being
storage of materials and handling in heavy industries. An exponential leverage of
application areas such as sporting goods, automotive and transport, furniture,
military and defense, bag and canvas, equestrian and saddler, marine and
yachting, pet collars and leashes, apparel will augment webbings industry
during forecast period.
Automotive and transport industry in conjunction with
military/defense sector is expected to dominate growth over forecast period. The webbing market is slated to observe
growth from apparel and military applications. Rapid industrialization in
developing economies such as India and China is expected to drive markets
Research organizations along with major companies and
universities have been carrying out extensive R&D to achieve breakthrough
in biodegradable material along with webbing material along with multipurpose
webbings that possess superior properties. Fluctuating prices of raw materials
are key challenges for industry participants.
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Key product segments in the webbing market include
polyester, nylon, polypropylene, carbon fiber, para-aramid, synthetic fibers,
UHMWPE and others which is a high multi filament yarn. Polyester is majorly
used in safety harnesses in automobile racing car and also a substitute for
nylon. Companies are increasing their portfolio by customization of products
and webbing products are meant for serving a special purpose such as safety
harness, and lifting webbing, tie down webbing and military webbing all which
require definite properties.
Segmentation of webbing market by product includes
polyester, nylon, polypropylene, carbon fiber, para-aramid synthetic fiber and
UHMWPE. Segmentation of the market by application includes automotive and
transport, sporting goods, furniture and military/defense. Segmentation of
webbing industry by geographical region includes North America, Europe, Asia
pacific, MEA and Latin America. The key companies in the webbing industry
include E Opperman GmbH, Webbing Products, BioThane, Universal Webbing Products
Ltd., Jiangsu Daxin Webbing Company, and Southern Weaving Company.
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