Global Paper Machine Clothing Market Outlook 2017-2022

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. 

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.

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
• request free sample to get a complete list of companies

Key Questions Answered in this Report
• What will the market size be in 2022?
• What are the key factors driving the global paper machine clothing market?
• What are the challenges to market growth?
• Who are the key players in the paper machine clothing market?
• What are the market opportunities and threats faced by the key players?