DUBLIN, April 14, 2021 /PRNewswire/ — The “Webbing – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s providing.
Amid the COVID-19 disaster, the worldwide marketplace for Webbing estimated at US$3.4 Billion within the yr 2020, is projected to achieve a revised measurement of US$5.1 Billion by 2027, rising at a CAGR of 5.7% over the evaluation interval 2020-2027.
Polyester, one of many segments analyzed within the report, is projected to document a 5.9% CAGR and attain US$1.4 Billion by the tip of the evaluation interval. After an early evaluation of the enterprise implications of the pandemic and its induced financial disaster, development within the Nylon phase is readjusted to a revised 5.2% CAGR for the following 7-year interval.
The U.S. Market is Estimated at $934 Million, While China is Forecast to Grow at 8.7% CAGR
The Webbing market within the U.S. is estimated at US$934 Million within the yr 2020. China, the world`s second largest financial system, is forecast to achieve a projected market measurement of US$1.1 Billion by the yr 2027 trailing a CAGR of 8.7% over the evaluation interval 2020 to 2027. Among the opposite noteworthy geographic markets are Japan and Canada, every forecast to develop at 3.1% and 5.2% respectively over the 2020-2027 interval. Within Europe, Germany is forecast to develop at roughly 3.6% CAGR.
Polypropylene Segment to Record 5% CAGR
In the worldwide Polypropylene phase, USA, Canada, Japan, China and Europe will drive the 4.5% CAGR estimated for this phase. These regional markets accounting for a mixed market measurement of US$411.3 Million within the yr 2020 will attain a projected measurement of US$560.4 Million by the shut of the evaluation interval. China will stay among the many quickest rising on this cluster of regional markets. Led by nations reminiscent of Australia, India, and South Korea, the market in Asia-Pacific is forecast to achieve US$683.9 Million by the yr 2027, whereas Latin America will develop at a 6.1% CAGR by way of the evaluation interval.
Select Competitors (Total 45 Featured):
- American Cord & Webbing Co., Inc. (ACW Co., Inc.)
- Bally Ribbon Mills
- E. Oppermann GmbH
- Jiangsu Daxin Webbing Co., Ltd.
- Murdock Webbing Company, Inc.
- Narrowtex Australia Pty Ltd.
- National Webbing Products
- Ohio Plastics Belting Co.
- Tennessee Webbing Products
Key Topics Covered:
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
- UNITED STATES
- UNITED KINGDOM
- REST OF EUROPE
- SOUTH KOREA
- REST OF ASIA-PACIFIC
- LATIN AMERICA
- REST OF LATIN AMERICA
- MIDDLE EAST
- SAUDI ARABIA
- UNITED ARAB EMIRATES
- REST OF MIDDLE EAST
- Total Companies Profiled: 45
For extra details about this report go to https://www.researchandmarkets.com/r/2d32yk?
Research and Markets
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SOURCE Research and Markets