Nov 07, 2018 (AB Digital via COMTEX) -- Global Paper Machine Clothing Market is expected to grow at a significant CAGR in the upcoming period as the scope and its applications are rising enormously across the globe. Paper Machine Clothing (PMC) is a mechanical equipment that uses high-quality fabric solution to improve the papermaking process. The custom-designed fabrics at the right position improve machine performance and productivity. Reliable and durable dryer fabrics make the papermaking procedure foreseeable and reduce the need for accidental fabric changes. Better fiber retention and drainage, productivity, improved paper properties, and efficacy plays a vital role in PMC.
The factors that are playing a major role in the growth of Paper Machine Clothing Market are efficient production systems, cost reduction in all types of board and paper machines, and production of high-quality products. However, continuously advancing technology and the presence of alternatives are the factors that are restraining overall market growth in the years to come.
PA and PET-based materials as well as copolymer material, along with nanotechnology applications will be the best yarn material base in future. Paper Machine Clothing Market is segmented based on looms type, woven technique, product types, and region. Wide looms, no weave looms, and narrow looms are the looms types that could be explored in Paper Machine Clothing in the forecast period. Endless and flat woven are the woven techniques that could be explored in Paper Machine Clothing in the forecast period.
Forming fabrics, press fabrics, and dryer fabrics are the product types that could be explored in Paper Machine Clothing in the forecast period. Forming Fabrics forms the paper and transport it through the screen section. Press fabrics are usually used for both the transport and dewatering of the paper web. On the other hand, in dryer fabric, monofilaments are handled with either non-round or round cross-section.
Globally, Europe accounted for the significant market share of Paper Machine Clothing and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be the presence of key manufacturers in this region. Instead, North America and the Asia Pacific are also estimated to have a positive influence on the future growth.
North America is the second largest region with significant market share. As it is the largest market for pulp and paper. However, Asia Pacific is estimated to grow at the highest CAGR in the forecast period. The developing countries like India and China are the major consumers of Paper Machine Clothing in this region.
The key players of Paper Machine Clothing Market are Xerium, Albany International, Voith, Andritz, Vanov, AstenJohnson, Valmet, Filcon and Daiwabo. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition.
Key Product Types: Forming Fabrics, Pressing Felts, Dryer Fabrics
Source: www.millioninsights.com