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Growth projected for industrial fabrics

February 4th, 2020 / By: / In the Industry

The compound annual growth rate through 2021 is expected to increase significantly for industrial fabrics made of natural and synthetic materials, woven and nonwoven, for processing, automotive, filtering, printing and belting applications, according to a report by Radiant Insights. The polyester fiber sector may account for a significant market share of industrial fabrics in terms of volume and value; the aramid sector is predicted to grow at the fastest pace.