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Global industrial fabric outlook

July 31st, 2019 / By: / Industry News

The Global Industrial Fabric market accounted for $113.65 billion in 2017 and is expected to reach $190.98 billion by 2026, growing at a CAGR of 5.9 percent during the forecast period according to a new report by ResearchAndMarkets.com. Factors for market growth include an increased use of fabric in the automotive industry and rising demand from both developed and developing parts of the world. Asia Pacific is considered to be the fastest growing region.