ALBANY, N.Y, Oct. 8, 2020 /PRNewswire/ — Webbing refers to sturdy fabric woven in a flat stripor tube form. This fabric is manufactured using a wide range of materials such as polypropylene, nylon, para-aramid synthetic fibers, ultra-high-molecular-weight polyethylene, carbon fibers, polyester, jute, or cotton. Depending on the material used in the manufacturing, webbing holds a wide variety of applications in several industries right from automotive parts to military apparel.
Analysts at TMR emphasize that the global webbing market is likely to grow at a CAGR of approximately 6% during assessment period of 2019 to 2027.The list of key factors that influence positively on the market growth includes increased number of technical textiles, advancement in the loom textile technology, and booming automotive industry.
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Key Findings of Webbing Market Report
- The global webbing market is foreseen to develop at CAGR of