According to IMARC Group latest report titled” Webbing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the market is currently witnessing strong growth. The global Webbing Market size to grow at a CAGR of 6% during 2021-2026. Webbing is a strong, woven textile that is manufactured and designed in different forms to be used in carrying straps, belts and harnesses. It is made from various fibers, which include strands of polyester or nylon woven on a loom for creating flat strips. Webbing is of two types, namely, flat and tubular webbing. It helps in relacing rope, chain and steel wire in both industrial and non-industrial applications. Webbing is extensively found in hiking and camping and military gear.

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Market Trends:

The increasing use of webbing in the automotive industry to produce airbags, catch belts, seat belts, safety harnesses, and luggage nets is driving the growth of the market across the globe. The implementation of strict regulations by governments of various nations for improving the efficiency of safety belts in vehicles is further contributing to the market growth. Moreover, the rising defense and military investments are positively impacting the webbing market growth. The escalating demand for sports goods such as runners, slings, and harnesses is creating a positive outlook for the market.

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Competitive Landscape with Key players:

The report has also analysed the competitive landscape of the market with some of the key players being.

• American Cord & Webbing Co. Inc
• Bally Ribbon Mills
• BioThane Coated Webbing Corp
• Oppermann GmbH
• Leedon Webbing Co. Inc.
• Murdock Webbing Company Inc
• National Webbing Products Co.
• Ohio Plastics Belting Co.
• Sturges Manufacturing Co. Inc.
• Tennessee Webbing Products
• Webbing Products Pty Ltd

Webbing Market Segmentation:

Our report has categorized the market based on region, product and application.

Breakup by Product:

• Polyester
• Nylon
• Polypropylene
• Carbon Fibers
• p-Aramid Fibers
• UHMWPE
• Others

Breakup by Application:

• Automotive
• Sporting Goods
• Industrial
• Military
• Others

Breakup by Region:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:

• Market Performance (2015-2020)
• Market Outlook (2021-2026)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

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