What is Global Polyester Forming Fabric Market?
The Global Polyester Forming Fabric Market is a vast and dynamic sector that encompasses a wide range of products and applications. Polyester forming fabric is a type of material that is primarily used in the paper and packaging industry. It is made from polyester, a synthetic polymer that is known for its durability, strength, and resistance to various environmental factors. The global market for this product is segmented into various types, including 4-Shed Single Layer, 5-Shed Single Layer, 8-Shed Single Layer, 8-Shed Double Layer, 16-Shed Double and A Half Layer, and SSB Forming Fabric. Each of these types has its unique characteristics and applications, making them suitable for different industries and uses. However, due to the lack of specific data, it is challenging to provide a detailed analysis of each type's market performance.
4-Shed Single Layer, 5-Shed Single Layer, 8-Shed Single Layer, 8-Shed Double Layer, 16-Shed Double and A Half Layer, SSB Forming Fabric in the Global Polyester Forming Fabric Market:
The Global Polyester Forming Fabric Market is not limited to one or two applications. It has a broad spectrum of uses, including writing-printing, kraft, duplex, newsprint, tissue, packaging, and others. In the writing-printing industry, polyester forming fabric is used to produce high-quality paper that is durable and resistant to tearing. In the kraft industry, it is used to manufacture strong and durable packaging materials. In the duplex industry, it is used to produce double-layered paper that is ideal for various printing applications. In the newsprint industry, it is used to produce newspapers that are resistant to tearing and smudging. In the tissue industry, it is used to manufacture soft and absorbent tissue paper. In the packaging industry, it is used to produce a wide range of packaging materials, including boxes, bags, and wraps. However, due to the lack of specific data, it is challenging to provide a detailed analysis of the market performance of each application.
Writing-Printing, Kraft, Duplex, News Print, Tissue, Packaging, Others in the Global Polyester Forming Fabric Market:
The global Polyester Forming Fabric market is a significant sector that has been experiencing steady growth over the years. In 2022, the market was valued at US$ 778.9 million. It is projected to reach US$ 973.6 million by 2029, growing at a compound annual growth rate (CAGR) of 3.2% during the forecast period from 2023 to 2029. This growth can be attributed to the increasing demand for polyester forming fabric in various industries, including paper and packaging. The market is dominated by three major companies, which collectively hold over 50% of the market share. China is the largest market for polyester forming fabric, accounting for about 30% of the global market share. It is followed by North America and Europe, which hold approximately 19% and 18% of the market share, respectively. However, it is important to note that these figures are subject to change due to various market factors.
Report Metric | Details |
Report Name | Polyester Forming Fabric Market |
Accounted market size in 2022 | US$ 778.9 million |
Forecasted market size in 2029 | US$ 973.6 million |
CAGR | 3.2% |
Base Year | 2022 |
Forecasted years | 2023 - 2029 |
Segment by Type |
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Segment by Application |
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Production by Region |
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Consumption by Region |
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By Company | Albany International, Heimbach, FILCON FABRICS, Valmet, Hebei Defeng Polyester Fiber, ANDRITZ, AstenJohnson, Huafeng Fabric, Jiangsu Jinni Engineered Fabric, Hehuang Paper Machine Clothing, Anping County PFM Screen, Anhui Tairui Polyester Net, Anthonor Environmental Technology, Hightop, Boegger Industrial, Taian Songyuan Industrial Fabrics, Metal Tec, REKING WIRE MESH, Raoyang Acer Net Industry, Wires And Fabriks, HUATAO GROUP |
Forecast units | USD million in value |
Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |