Webbing Market Overview:
The global webbing market comprises of items like synthetic fibers which includes polypropylene, polyester and nylon. It also includes high strength substances like UHMWPE and para aramid synthetic fibers. The world market is usually driven by growth in production of automobiles due to utilization of webbings in seat belts as well as harnesses in vehicles for commuter safety. Further, the global webbing market is also predicted to witness high profits due to large scale industrialization in emerging economies.
Webbings finds its uses and applications like storage and material handling in various heavy industries & firms of these regions. Firms involved in research activities, universities carrying out large scale R & D activities and key market players carrying out extensive research to gain a breakthrough in biodegradable webbing substances along with versatile webbings comprising of extraordinary & exceptional features as well as characteristics. Changing costs of raw materials are projected to be a main challenge for industry players.
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Webbing Market By Product:
Main product sections in the global webbing market includes carbon fiber, polyester, para aramid synthetic fibers, polypropylene, ultra high molecular weight polyethylene, vectran and nylon. Vectran is a high performing multifilament yarn. Polyester was the biggest product section in year 2013 contributing to more than forty four percent of the worldwide use. It is the mostly used in seatbelts of cars and security harnesses in racing cares in automobile sector. Further, polyester is being used as a replacement for polyethylene and nylon due to its superlative features that include ultra violet resistance that makes it useful for outdoor purposes.
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Webbing Market By Application:
The demand for global webbing market is predicted to grow due to its rising applications comprising of furniture, sporting equipments, transport, automotive, bags, canvas, defense, military, saddler, equestrian, yachting, pet collars, footwear, marine, mining, leashes, industrial webbing, apparel, pet collars, fitness and leashes. The global webbing market is bifurcated as per its uses and applications in different sectors like sporting instruments, furniture, automobiles and transport. Webbing is also utilized for handling of materials and storage of materials in heavy industries. Growing use and applications fields combined with fast industrialization is predicted to stimulate the growth of global webbing market during the estimated time span. Further, growth in construction sector and automobile industry is further predicted to enhance the demand and growth of the global webbing market. Automobile sector and transport industry combined with defense industry is predicted to lead the global webbing industry during the estimated period.
Webbing Market By Region:
APAC region was the biggest geographical region in the webbing market which contributed about more than 64% of the total market revenue in year 2013. This region observed growth and expansion in automobile sector, furniture sector and sporting equipment sector. This has enhanced the demand for the global webbing market sector in the above described uses & applications. Further, the webbing market sector is predicted to observe significant expansion and growth owing to the demand from apparel uses and defense applications. Fast industrialization in emerging markets like Brazil, China, Mexico and India is predicted to stimulate the webbing industry demand for market applications usually in storage as well as material handling. Further, emerging automobile sector in APAC region, Latin America and Africa is predicted to enhance the demand for safety webbings utilized in automobile as well as transport uses and applications.
Rising concerns regarding the security of the defense persons and military personnel against accidents is predicted to enhance the demand for security straps, harnesses and belts utilized in defense outfits during the journeys.
Key market players involved in the webbing business includes Jiangsu Daxin Webbing Corporation Limited, Universal Webbing Products Corporation Limited, Webbing Products, National Webbing Products Corporation, Tennessee Webbing Products Company, E. Oppermann GmbH, BioThane, Narrowtex Australia Private Limited, Ohio Plastics Belting Corporation and Southern Weaving Company.
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