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Fabric Mesh for Industrial Dryer Market

Fabric Mesh for Industrial Dryer Market

Fabric Mesh for Industrial Dryer Market Analysis by Material Type (Polyester, Polyamide, Poly-ether-ether-ketone), by Mesh Type (Plain, Twill, Plain Dutch, Reverse Dutch, Five Heddle, Twill Dutch Weave Mesh) & Region - Global Forecast 2022-2032

Fabric Mesh for Industrial Dryer Market
FACT2453MR

Global Fabric Mesh for Industrial Dryer Market Outlook

The global fabric mesh for industrial dryer market is estimated at USD 1.1 Million in 2022 and is forecast to surpass USD 1.6 Million by 2032, growing at a CAGR of 4.2% from 2022 to 2032.

Report Attributes

Details

Base Year Value (2021A)

USD 1.0 Million

Estimated Year Value (2022E)

USD 1.1 Million

Projected Year Value (2032F)

USD 1.6 Million

Global Growth Rate (2022-2032)

 CAGR 4.2%

No Market Share in 2021

~34.4%

Europe Growth Rate (2022-2032)

CAGR 4.0%

Collective Value Share (China, USA, Germany) 2022: Top 3 Countries

~46%

Top 5 Companies Market Share in 2021

~26%

Key Companies Profiled

  • Company
  • Saati S.p.A.
  • Sefar AG
  • Drenth Holland BV
  • Anping county PFM Screen Co. Ltd.
  • Clear Edge Filtration Group
  • Hebei Defeng Polyester Fiber Co. Ltd.
  • Other Key Players

Fabric mesh for industrial dryer market is estimated to be highly consolidated with the top five to six accounting for approximately two-third share in the global market.

According to a Fact.MR report, the textile industry's constant demand for fabric mesh for industrial dryers underlies the fabric mesh for industrial dryer market's consistent expansion. Manufacturers in the fabric mesh for industrial dryer market continually propose new B2C and D2C business models that supply improved service offerings to clients to efficiently satisfy demand from end-user industries and increase stabilized sales through the dealer network.

2017-2021 Global Fabric Mesh for Industrial Dryer Market Outlook in Comparison to 2022-2032 Growth Forecast

Historically, the market value of the fabric mesh for industrial dryer industry showed a growth of 2.5% CAGR from 2017 to 2021. The global fabric mesh for industrial dryer market has given an absolute dollar opportunity of more than USD 119.7 (‘000) in the last half-decade. It is estimated to create absolute dollar opportunities of closely USD 261.7 (‘000) and 358 (‘000) amid (2022-27) and (2022-2032) respectively.

Besides, the North American fabric mesh for industrial dryer market is holding largest market share in the global fabric mesh for industrial dryer market which is calculated to gain 117 BPS with the growth of 4.0% CAGR. Moreover, the United States fabric mesh for industrial dryer market is the leading contributor as well as a consumer in the North American market with more than 84.5% market share.

The East Asian fabric mesh for industrial dryer market accounts for ~15.5% of the global fabric mesh for industrial dryer market in 2022. It is assessed to create an absolute $ opportunity of USD 62.2 (‘000) during 2022-2032.

In terms of volume, the Chinese fabric mesh for industrial dryer market is the largest market shareholder in the East Asian market. It is likely to grow with a 6.7% CAGR and offer an absolute dollar opportunities during the assessment period.

Further, South Asia & Oceania fabric mesh for industrial dryer market has gained significant growth in the last half-decade. It has acquired nearly 3% market share in the global fabric mesh for industrial dryer market with a growth of 5.8%. 

The growing investment in the textile industry is expected to increase the sales for fabric mesh for industrial dryers in the region. South Asia & Oceania is projected to hold around 187 BPS and create absolute dollar opportunity of nearly USD 136.7 (‘000) during the forecast period.

From the segmental analysis, the demand for plain weave of fabric mesh type grew 1.3X in the last half-decade and it is projected to increase by 3X demand from different end-use industries. The plain dutch weave mesh is projected to grow at the CAGR of 4.2% and provide an absolute dollar opportunity of more than USD 130.4 (‘000) by 2032.

Further, based on material type, the Polyester is the largest market shareholder. It holds more than 2/3rd market share and is projected to grow at the CAGR of 4.4% amid 2022 and 2032.

Fact.MR projects the fabric mesh for industrial dryer market is expected to observe unveiling growth at 4.2% CAGR amid 2022 & 2032 in contrast to a CAGR of 2.5% with which it grew from 2017 and 2021.

Food Industry is Likely to Boost the Fabric Mesh for Industrial Dryers Market Growth

Population outburst translated to amplified demand for food products, equating to the need for processes and technology that ensure longer product shelf life. Companies engaged in food manufacturing, as well as the entire value chain of food processing, leveraged the opportunity by introducing products and consumables that help attain increase shelf life of food products. About 20% of the food are lost because of excess moisture content with fungal as well as micro bacterial attacks being the root cause.

However, drying is one classical and proven practice followed in the agricultural value chain for food preservation. Drying as a process is a basic operation of minimizing the moisture content of the agri-produce.

Moreover, effective drying of food by removing additional moisture can prevent spoilage, decay, and makes it durable. With the advent of technology, food vacuum dryers penetrated the value chain and catalyzed demand for other components such as fabric mesh. The role of fabric mesh for Industrial Dryer gained sizable momentum.

In terms of value, the market is estimated to register 1.5X growth during the forecast period on the backdrop of growing demand for continuous drying products in the food industry owing to the increasing number of food projects in developed as well as developing countries.

Packaged/Dried Agri-produced Product May Provide Exponential Growth to the Demand of Fabric Mesh for Industrial Dryers

The package/dried agri-produced products in developing as well as developed countries derive their strength from the large production of dry food products, the steady growth in the packaged/dried agri-produced products and continuously increasing demand for dry food products.

It is further fueled by the rising per capita consumption. The demand for package/dried agri-produced products has been increasing with the growing urbanization in developing countries. With the growing population, the agriculture sector needs to grow by at least 50% and nearly 90 to 95% in the fast-growing economies.

As a result, the companies engaged in the processed food industry have an opportunity to expand their production plants in the developing countries as well as modify their batch producing machines to continuous producing machines.

The demand for packaged/dried agri-produced products will directly impact the sales of the continuous vacuum drying machines that will increase the production and sales of the fabric meshes. This factor will drive the global market during the forecast period.

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Country-wise Insights

What is the European fabric mesh for industrial dryer Market Scenario?

The European fabric mesh for industrial dryer market comprises of a number of markets such as Italy, Germany, Spain, France etc. Europe accounts for nearly 31% of the overall market share and is projected to grow at a CAGR of 3.4% in the assessment period.

The European market gives an analysis of the product life cycle in different regions. It can be observed that Europe is on the verge of maturity and the market is bearish for food vacuum dryer machine manufacturers, on the other hand, the emerging markets will create significant opportunities for food vacuum dryer machine manufacturers.

Which Region holds for More Higher Demand for fabric mesh for industrial dryer Market?

The Asia Pacific has been segregated into two regions including East Asia and South Asia & Oceania. East Asia fabric mesh for industrial dryer market is the one the highly profitable market. It has acquired more than 1/6th market share of the global market.

In addition, the East Asian market is largely conquered by the Chinese fabric mesh for industrial dryer market which has acquired nearly 70% market share followed by Japan and South Korea. East Asia is projected to grow at a CAGR of 5.4% and create an absolute dollar opportunity of around USD 82.5 (‘000) during 2022 & 2032

Further, as numerous fabric mesh for industrial dryer companies is located in East Asia Region, the demand for fabric mesh for industrial dryers in Japan and South Korea is expected to gain traction over the forecast period. Additionally, rivalry among the existing players in the market is high, as there’s a high degree of competition among organized and small players in Europe, Asia Pacific and North America.

Fabric Mesh for Industrial Dryer Market forecast analysis by Fact.MR

Category-wise Insights

Which Material Type is expected to be the Largest Contributor throughout the Assessment Period in Fabric Mesh for Industrial Dryer Market?

Since the introduction of continuous vacuum belt dryers, fabric mesh belts maintained their demand in the market at a steady growth rate over the historic period due to their low replacement rate and low cost of fabric meshes.

However, Fabric mesh is made up of various materials such as polyester, poly-ether-ether-ketone, polyamide and many other material types which are available in variety of weave types and dimensions.

However, the polyester segment holds approximately 63.5% of the overall market share in the fabric mesh for industrial dryer market. This is attributed to the few manufacturers located in China, Russia, Ukraine, and the United States.

However, with the ongoing research and development along with major investments to set up production facilities in the fabric mesh for industrial dryers market, new production facilities are likely to come up. Thus, this segment is projected to grow at a CAGR of 4.4% during the forecast years of 2022-2032.

Which Mesh Type is poised to Show lucrative Growth in Fabric Mesh for Industrial Dryer Market?

Over the period the fabric mesh market has witnessed entrants of many manufacturers and saw many technological innovations regarding to its weaving types, material types and its dimensions.

Additionally, plain Weave mesh types have found their application in several drying industries such as food, pharmaceutical, chemicals, and many other prominent industries. However, increasing the use of plain weave mesh in the aforementioned industries is likely to boost sales. It is likely to expand at a CAGR of 5%, during the forecast years. This is projected to provide a gain of 295 BPS to the fabric mesh for the industrial dryer market over the assessment years of 2022-2032.

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Competitive Landscape: Top Companies in Fabric Mesh for Industrial Dryer Market

The global fabric mesh for industrial dryer market is fragmented due to the presence of numerous domestic and regional players. The players have adopted various strategies such as expansions, mergers & acquisitions, collaborations and partnerships to expand the consumer base globally.

Also, the key players have adopted geographical expansion as a key strategy to increase their market presence among consumers. These strategies have resulted in the integration of advanced fabric mesh for industrial dryer.

Fact.MR has provided detailed information about price points of top manufacturers of fabric mesh for industrial dryer market positioned across regions, sales growth, production capacity, and speculative technological expansion in the recently published report.

For instance: On 12th October 2021, Saati S.p. A has participated in 31st Annual IAOM Mideast Africa Conference & Expo which was held amid 10th – 12th October 2021 where company have showcased it wide range of products.

Global Fabric Mesh for Industrial Dryer Market Segments

  • By Material Type :

    • Polyester
    • Polyamide
    • Poly-ether-ether-ketone
    • Other Material Types
  • By Mesh Type :

    • Plain Weave Mesh
    • Twill Weave Mesh
    • Plain Dutch Weave Mesh
    • Twill Dutch Weave Mesh
    • Reverse Dutch Weave Mesh
    • Five Heddle Weave Mesh
  • By Region :

    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia & Oceania
    • MEA

- FAQs -

The global value of Fabric Mesh for Industrial Dryer market is estimated to be worth over USD 1,057 (‘000) in 2022.
The demand is anticipated to surpass USD 1,559.7 (‘000) by 2032 end.
During 2017-2021, global fabric mesh for industrial dryer market grew at 2.3% CAGR.
Some of the prominent players in fabric mesh for industrial dryer market are Company Saati S.p.A., Sefar AG, Drenth Holland BV, Anping county PFM Screen Co. Ltd. etc.
North America tops the global fabric mesh for industrial dryer market accounting for 28.5% of global market share in 2022.
Polyester under end-use contributes 63.5% of market share in global sales of fabric mesh for industrial dryer.

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