Market forecasts 2019–2024

According to the “Industrial Fabric Market—Forecasts from 2019 to 2024” report by ResearchAndMarkets.com, the industrial fabric market is expected to grow 4.12 percent to reach $151.561 billion by 2024, from $113.868 billion in 2018. The market is expected to grow at a steady pace owing to burgeoning use of these fabrics in automotive design to produce lightweight vehicles. This research study examines the current market trends related to demand, supply and sales, in addition to recent developments.