Global Fabric Friction Cord Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Fabric Friction Cord industry revenue is expected to be around $951.0 million in 2025 and expected to showcase growth with 5.4% CAGR between 2025 and 2034. The rapid expansion of the Fabric Friction Cord market can be linked to main factors driving its growth momentum. One significant factor is the progress in the textile sector and the increasing demand coming from different industries like automotive industry. The strength and durability of these cords under pressure and temperature conditions and their flexible nature have solidified the significance of Fabric Friction Cords as essential components, in various industries. The importance of these friction cords is increasing as they meet needs and improve operational efficiency, in industrial mechanics.
The Fabric Friction Cord is widely recognized in industries for its strength and durability in diverse environments and applications such as conveyor systems and heavy duty machinery due, to its impressive resistance to wear and tear as well as heat.
Market Key Insights
- The Fabric Friction Cord market is projected to grow from $902.3 million in 2024 to $1.53 billion in 2034. This represents a CAGR of 5.4%, reflecting rising demand across Conveyor Belts and Transmission Systems, Industrial Machinery and Automotive Industry.
- ContiTech AG, Gates Corporation, Sampla Belting Corporation are among the leading players in this market, shaping its competitive landscape.
- U.S. and China are the top markets within the Fabric Friction Cord market and are expected to observe the growth CAGR of 3.5% to 5.2% between 2024 and 2030.
- Emerging markets including Brazil, India and South Africa are expected to observe highest growth with CAGR ranging between 6.2% to 7.5%.
- Transition like Automative Industry Shift has greater influence in United States and China market's value chain; and is expected to add $28 million of additional value to Fabric Friction Cord industry revenue by 2030.
- The Fabric Friction Cord market is set to add $624 million between 2024 and 2034, with manufacturer targeting Automotive Belts & Industrial Machinery Application projected to gain a larger market share.
- With Advancements in textile technology, and Growing usage in automotive industry, Fabric Friction Cord market to expand 69% between 2024 and 2034.