The global webbing market is expected to
display immense growth in forthcoming years. The market is strongly determined
by increasing automobile production that in turn is dependent on webbings used
in seat-belt composition and harnesses used in four-wheelers. Automotive and
transport industry in conjunction with military/defense sector is expected to
dominate growth over forecast period. The webbing market is slated to observe
growth from apparel and military applications. Rapid industrialization in
developing economies such as India and China is expected to drive markets.
The report comprises a market
that includes fibers such as synthetic fibers including polyester, nylon and
polypropylene and derived from high strength materials such as para-aramid
synthetic fiber and UHMWPE. The market is also expected to gain from webbings
used in seat belts and harnesses used for safety of passengers.
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Rapid industrialization has
brought to the fore the myriad uses of webbing market, this one being storage
of materials and handling in heavy industries. An exponential leverage of
application areas such as sporting goods, automotive and transport, furniture,
military and defense, bag and canvas, equestrian and saddler, marine and
yachting, pet collars and leashes, apparel will augment webbings industry
during forecast period.
Research organizations along with
major companies and universities have been carrying out extensive R&D to
achieve breakthrough in biodegradable material along with webbing material
along with multipurpose webbings that possess superior properties. Fluctuating
prices of raw materials are key challenges for industry participants.
Key product segments in the webbing market include polyester, nylon,
polypropylene, carbon fiber, para-aramid, synthetic fibers, UHMWPE and others
which is a high multi filament yarn. Polyester is majorly used in safety
harnesses in automobile racing car and also a substitute for nylon. Companies
are increasing their portfolio by customization of products and webbing products
are meant for serving a special purpose such as safety harness, and lifting
webbing, tie down webbing and military webbing all which require definite
properties.
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Segmentation of webbing market by
product includes polyester, nylon, polypropylene, carbon fiber, para-aramid synthetic
fiber and UHMWPE. Segmentation of the market by application includes automotive
and transport, sporting goods, furniture and military/defense. Segmentation of
webbing industry by geographical region includes North America, Europe, Asia
pacific, MEA and Latin America. The key companies in the webbing industry
include E Opperman GmbH, Webbing Products, BioThane, Universal Webbing Products
Ltd., Jiangsu Daxin Webbing Company, and Southern Weaving Company.

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