Global Paper Machine Clothing Market is estimated to grow at a substantial CAGR of 3.3% by 2022 as the scope, product types, and its applications are increasing across the globe. Paper machine clothing is a fabric used for production of a highly superior paper and maintain production cost. Increasing paper machine width and speeds, and incessantly rising demand in paper quality will surge the production of paper machine clothing. Sophisticated, high-quality fabric is used in paper machines for drying, sheet formation, and transport of the paper web.
The factors that propel the growth of
the Paper Machine Clothing Market include increasing demand for high quality
paper, lower operating cost specifically for energy consumption, technological
advancement, increasing urbanization. On the other hand, there are factors that
may hamper the growth of the market including high cost of raw materials.
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Paper Machine Clothing Market may be
explored by product type, application, and geography. Paper Machine Clothing
Market may be explored by product type as Paper Control Systems, Paper Drying
System and Paper Vacuum System. Paper Machine Clothing Market could be explored
based on application as Energy Production, Pulping and Fiber, and Others.
Paper Machine Clothing Market is
categorized based on geography into North America, Latin America, Japan, Middle
East and Africa, Western Europe, Asia Pacific, and Eastern Europe. The “Europe”
segment led the Paper Machine Clothing Market in 2017 and is anticipated to
maintain its dominance by 2022. Europe is followed by North America and
Asia-Pacific region in the years to come.
The key players contributing to the
robust growth of the Paper Machine Clothing Market comprise BW Paper systems (A
Barry-We miller Company), ABB Ltd, Seiko Epson Corporation, MAN Diesel and
Turbo Schweiz AG, Voith GmbH, Rockwell Automation; Inc., Forbes Marshall, Popp
Maschinenbau GmbH, Runtech Systems Oy and TMEIC. The leading companies are
taking up partnerships, mergers and acquisitions, and joint ventures in order
to boost the inorganic growth of the industry.
Paper machine clothing is fabric used
for making high quality paper and controlling production costs. With increasing
paper machine speeds and width, and continuously growing demands in paper quality
and characteristics, paper machine clothing market is expected to witness
healthy growth over the forecast period. The five-year forecast for the paper
machine clothing market shows a Compound Annual Growth Rate (CAGR) of 3.3
percent, according to a new report published by Gen Consulting Company.
The report covers forecast and analysis
for the paper machine clothing market on a global and regional level. The study
provides historic data of 2012-2016 along with a forecast from 2017 to 2022
based on both output/volume and revenue. The study then describes the drivers
and restraints for the paper machine clothing market along with the impact they
have on the demand over the forecast period. Additionally, the report includes
the study of opportunities available in the paper machine clothing market on a
global level.
The report has been prepared based on
the synthesis, analysis, and interpretation of information about the global
paper machine clothing market collected from specialized sources. The competitive
landscape section of the report provides a clear insight into the market share
analysis of key industry players. Company overview, financial overview, product
portfolio, new project launched, recent development analysis are the parameters
included in the profile.
Demand for this market rises from the
Forming, Pressing, and Dryer segment. All the segments have been analyzed based
on present and future trends and the market is estimated from 2017 to 2022.
Relevantly, the report and company profiles specify the key drivers that are
impacting the demand in global paper machine clothing market.
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Key
Product Types
• Forming
• Pressing
• Dryer
Key
Regions
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
Key
Vendors
• Albany International
• Anderiz
• AstenJohnson
• Daiwabo
• Valmet
• Vanov
• Voith
• Xerium
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