Industrial Fabrics Market Size

Industrial Fabrics Market size was valued at USD 149.87 billion in 2024 and is likely to exceed USD 368.52 billion by the end of 2037, expanding at over 7.1% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of industrial fabrics is evaluated at USD 158.5 billion.

The primary factor that is attributed to the growth of the industrial fabrics market is the rapid expansion of the textile industry across the world in the recent period. The presence of a high number of textile enterprises across the world is expected to boost the production rate of industrial fabrics. As per recent reports, the revenue generated by the global textile industry stood at USD 900 billion in the year 2018. It is further projected to reach approximately USD 1,250 billion by 2024, with a steady CAGR of nearly 5%.

Industrial fabrics are generally utilized in the production processes of the parts of structures, machines, and other technical articles. Employing both natural and synthetic materials, industrial fabrics are manufactured in diverse patterns to be used in varied manufacturing processes. Moreover, the demand for advanced industrial fabrics from the automotive sector as materials of industrial fabrics have high strength, enhanced durability, ultraviolet (UV) ray stability, and good permeability. As a result, it is estimated to create possibilities for market expansion in the future. Moreover, the applications of geomembranes and geotextiles are estimated to grow in barrier tubes, liners, structural supports, reservoir covers, geotechnical, hydraulics, and others are also estimated to escalate the adoption rate of industrial fabrics in a wide range of end-use industries. Additionally, the technological advancements in industrial fabrics manufacturing processes, along with massive investments by the key players in developing high-quality industrial fabrics are also projected to bring lucrative growth opportunities during the analysis period.