Global Market Study on Industrial Yarn Products for V-Belts & Industrial Hoses: Growing Application of Yarn Reinforcement and Subsequent Growth of End-use Industries to Propel the Demand


Industrial Yarn Products For V Belts And Industrial Hoses  Market
  • Published On : Feb-2019 |
  • Pages : 195 Pages |
  • Format :

Persistence Market Research (PMR), in its new report titled 'Industrial Yarn Products for V-Belts & Industrial Hoses Market: Global Industry Analysis 2013-2017 and Forecast 2018–2026', offers an eight-year analysis and forecast for the global Industrial Yarn Products for V-Belts & Industrial Hoses Market for the period between 2018 and 2026. This study analyses the global Industrial Yarn Products for V-Belts & Industrial Hoses Market dynamics and trends across seven regions. The Industrial Yarn Products for V-Belts & Industrial Hoses Market research report offers an in-depth analysis of the key trends and drivers responsible for the growth of the global Industrial Yarn Products for V-Belts & Industrial Hoses Market over the forecast period. The market has been segmented on the basis of product type and application. The Industrial Yarn Products for V-Belts & Industrial Hoses Market study covers various perspectives of the market, including value chain, forecast factors and competition landscape. The report also examines various macro-economic factors and their impact on the growth of Industrial Yarn Products for V-Belts & Industrial Hoses market. As per the findings of the Industrial Yarn Products for V-Belts & Industrial Hoses market study and perspectives of industry participants, the global Industrial Yarn Products for V-Belts & Industrial Hoses Market is estimated to grow at a CAGR of 4.4% over the forecast period. Rapid industrialization and growth in the number of manufacturing and other end use industries are expected to drive the growth of Industrial Yarn Products for V-Belts & Industrial Hoses Market over the forecast period.

The PMR report on the global Industrial Yarn Products for V-Belts & Industrial Hoses Market carefully analyses the market on a country, regional and global level through the two Industrial Yarn Products for V-Belts & Industrial Hoses market segments covered in the report. The key aim of the study is to highlight the overall market structure of Industrial Yarn Products for V-Belts & Industrial Hoses Market by country, across regions, and to offer key insights on current market trends, demand, growth opportunities and other relevant information on the global Industrial Yarn Products for V-Belts & Industrial Hoses Market.

Industrial Yarn Products for V-Belts & Industrial Hoses are gaining significant demand worldwide due to their growing applications as reinforcements in v-belts, industrial hoses, rubber hoses, tires, etc., in various manufacturing industries, which are witnessing steady growth due to growing urbanization and industrialization. Industrial Yarn Products for V-Belts & Industrial Hoses provide flexibility and high resistance to internal and external pressures, making the final product more efficient and long lasting.  Industrial Yarn Products for V-Belts & Industrial Hoses are, therefore, expected to witness significant growth opportunities in the coming years.

The Industrial Yarn Products for V-Belts & Industrial Hoses Market report starts with market definitions, followed by market taxonomy. The industrial yarn products for v-belts & industrial hoses market has been segmented on the basis of product type and application. Individual market share of industrial yarn products in V-belt and industrial hoses market, drivers, restraints, opportunity analysis, trends in the industrial yarn products for v-belts & industrial hoses, market background and analysis by key segments have been discussed at length in the report. The Industrial Yarn Products for V-Belts & Industrial Hoses Market report also describes macro-economic factors, forecast factors, value chain and product type weighted average pricing analysis. This section also includes the impact assessment of market dynamics on the global Industrial Yarn Products for V-Belts & Industrial Hoses Market. The Industrial Yarn Products for V-Belts & Industrial Hoses Market report also includes regional analysis by country and segments as well as competition assessment.

Each section of the Industrial Yarn Products for V-Belts & Industrial Hoses Market report covers qualitative and quantitative assessment on the basis of historical trends and developments, statistics and key opinions collected from Industrial Yarn Products for V-Belts & Industrial Hoses Market industry leaders through interviews.

Industrial Yarn Products for V-Belts & Industrial Hoses Market: Segmentation

Product Type

Application

Region

  • Braiding Yarns
  • Dipped Single End Cords
  • Power Transmission Belt
  • Industrial Rubber Hoses
  • Tires
  • Others (Airsprings, Slings, Airbags, etc)
  • North America
  • Latin America
  • Europe
  • South East Asia Pacific
  • Middle East & Africa
  • China
  • Japan

The analysis of the market was done by calculating the current market size, which provided us with the base for the Industrial Yarn Products for V-Belts & Industrial Hoses Market. To get a better understanding of the Industrial Yarn Products for V-Belts & Industrial Hoses market, we followed three different types of analysis to triangulate the outcomes: primary, secondary, and PMR analysis.

The Industrial Yarn Products for V-Belts & Industrial Hoses Market analysis has been presented in terms of Basis Point Share (BPS) to evaluate individual segment’s relative change in market share and respective contribution to the Industrial Yarn Products for V-Belts & Industrial Hoses Market growth. Another key detail of the Industrial Yarn Products for V-Belts & Industrial Hoses Market report is the analysis and revenue forecast of the Industrial Yarn Products for V-Belts & Industrial Hoses market in terms of absolute $ opportunity created by each and individual segment.

In the competition analysis section of the Industrial Yarn Products for V-Belts & Industrial Hoses Market study, a competitive analysis of the Industrial Yarn Products for V-Belts & Industrial Hoses Market players has been covered to provide a dashboard view of manufacturers and their share in the global Industrial Yarn Products for V-Belts & Industrial Hoses Market along with their key differentiating strategies. Detailed profiles of manufacturers have also been included under the scope of the Industrial Yarn Products for V-Belts & Industrial Hoses Market report. Examples of some of the key competitors in the Industrial Yarn Products for V-Belts & Industrial Hoses Market are Toray Group, SRF Limited, Teijin Frontier Co., Ltd, Cordenka GmbH & Co. KG, Glanzstoff, Kordsa Industries, R.D. Abbott Company, Inc., Olbo & Mehler Inc. and OC Oerlikon Management AG., among others.

Growing use of Industrial Yarn as Reinforcement in Various End-Use Industries to Drive Growth of Industrial Yarn Products for V-Belts & Industrial Hoses Market

Industrial Yarn Products for V-Belts & Industrial Hoses Market: Introduction

Industrial Yarn Products for V-Belts & Industrial Hoses are special type of yarns manufactured to be used as reinforcements in v-belts, hoses, tires, airbags, etc. Industrial yarn reinforcements add stability, flexibility, strength and durability to v-belts and hoses and thus, increase the life span and efficiency of final products. Given the wide applications of industrial hoses and v-belts across a number of manufacturing industries, Industrial Yarn Products for V-Belts & Industrial Hoses are expected to register significant demand in the coming years.

The global Industrial Yarn Products for V-Belts & Industrial Hoses market is estimated to grow at a CAGR of 4.4%, reaching a market value of US$ 4.8 Bn by the end of projected period. Growth in various end-use industries and growing applications are the two factors expected to create significant growth opportunities in the Industrial Yarn Products for V-Belts & Industrial Hoses market during the forecast period.

Industrial Yarn Products for V-Belts & Industrial Hoses Market Analysis by Product Type

By product type, the dipped single end cords segment is expected to lead in terms of value and volume in the global Industrial Yarn Products for V-Belts & Industrial Hoses market. The segment is estimated to have accounted for approximately 83.2% share in the Industrial Yarn Products for V-Belts & Industrial Hoses market by the end of 2018 while the braiding yarns segment is projected to grow at a value CAGR of 4.3% during the forecast period. The demand for dipped single end cords in the Industrial Yarn Products for V-Belts & Industrial Hoses market is expected to be driven by the growing automotive and tire industries.

Industrial Yarn Products for V-Belts & Industrial Hoses Market Analysis by End-Use Industry

On the basis of application, the tires segment is expected to create very high demand in the Industrial Yarn Products for V-Belts & Industrial Hoses market. Production of tires is directly proportional to volume consumption of reinforcements. Thus, increasing production of tires will propel the growth of Industrial Yarn Products for V-Belts & Industrial Hoses during the forecast period.

Industrial Yarn Products for V-Belts & Industrial Hoses Market Analysis by Region

From a regional standpoint, China is poised to be a prominent region in the Industrial Yarn Products for V-Belts & Industrial Hoses market, in terms of market share. Growing end-use industries in the region are expected to drive the demand for Industrial Yarn Products for V-Belts & Industrial Hoses. India and Middle East & Africa are projected to register notably high CAGR in the Industrial Yarn Products for V-Belts & Industrial Hoses market during the forecast period.

industrial yarn products for v belts and industrial hoses market

Industrial Yarn Products for V-Belts & Industrial Hoses Market: Drivers

Rapid Industrialization to Promote End-Use Industries’ Growth and Drive Demand for Industrial Yarn Products for V-Belts & Industrial Hoses

Industrialization is one of the key driving factors for the growth of Industrial Yarn Products for V-Belts & Industrial Hoses market. Industrialization has been growing at a rapid pace across developing economies, such as China and India, due to the growing population and growing consumer needs. Growing use of industrial yarn products for v-belts & industrial hoses in end-use industries and growth in manufacturing sector are two important factors expected to contribute towards the growth of Industrial Yarn Products for V-Belts & Industrial Hoses market.

Industrial Yarn Products for V-Belts & Industrial Hoses Market Structure 

The global Industrial Yarn Products for V-Belts & Industrial Hoses market is a highly fragmented market. The presence of numerous domestic as well as global market leaders in the Industrial Yarn Products for V-Belts & Industrial Hoses market has led to the creation of a very competitive environment for the manufacturers. The tier-I players account for approximately 25%-35% of the Industrial Yarn Products for V-Belts & Industrial Hoses market, while the remaining players account for 65%-75% of the total market share. Few of the key global market leaders in the Industrial Yarn Products for V-Belts & Industrial Hoses market are Toray Group, SRF Limited, Teijin Frontier Co., Ltd, Cordenka GmbH & Co. KG, Glanzstoff, Kordsa Industries, R.D. Abbott Company, Inc., Olbo & Mehler Inc. and OC Oerlikon Management AG., among others.

Key Questions Answered in this Industrial Yarn Products for V-Belts & Industrial Hoses Report

  • How is the Industrial Yarn Products for V-Belts & Industrial Hoses market expected to grow over the projected period?
  • What direction is the Industrial Yarn Products for V-Belts & Industrial Hoses market expected to take in terms of volume and value during the forecast period?
  • What are the key macro-economic factors affecting the growth of the Industrial Yarn Products for V-Belts & Industrial Hoses market?
  • What are the key market drivers in the Industrial Yarn Products for V-Belts & Industrial Hoses market?
  • What are the key opportunities and improvement areas for Industrial Yarn Products for V-Belts & Industrial Hoses market players?
  • What are the predominant developments and trends taking over the Industrial Yarn Products for V-Belts & Industrial Hoses market?
  • Which countries are expected to create significant growth opportunities in the Industrial Yarn Products for V-Belts & Industrial Hoses market?

Company Profiles

  • TORAY GROUP 
  • W. Barnet GmbH & Co. KG
  • TP Industrial Yarns BV
  • SRF Limited
  • TEIJIN FRONTIER CO., LTD
  • Atlantex Manufacturing Corporation
  • Beaver Manufacturing Company, Inc.
  • CORDENKA GmbH & Co. KG
  • AB Svensk Konstsilke
  • Glanzstoff
  • HANGZHOU BOLIGE FIBER CO., LTD.
  • Jiangxi Longtai New Material Co., Ltd.
  • Kordsa Industries
  • R.D. Abbott Company, Inc.
  • Olbo & Mehler Inc.
  • OC Oerlikon Management AG
  • Others.
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