Global Needle Loom market cagr 11.7%

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Needle Loom Market

Needle Loom Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031

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Needle Loom Market Size and Growth

The Needle Loom market research report analyzes the current market conditions and trends affecting the industry. The global Needle Loom market size is estimated to be valued at $1.2 billion in 2020 and is projected to reach $1.8 billion by 2025, with a CAGR of 8% during the forecast period.

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Companies Covered

(Covid 19 Impact Covered)

◍ Texnology

◍ SANFAI NONWOVEN MACHINERY

◍ Autefa

The Needle Loom Market is highly competitive with key players such as Texnology, SANFAI NONWOVEN MACHINERY, Autefa, and others. These companies offer a range of needle loom machines and related services to cater to the diverse needs of the market, driving growth and innovation.

◍ Jiangsu Ying Yang Nonwoven Machinery Co.

- Texnology: Sales revenue of $20 million

◍ Qingdao Huarui Jinghe Machinery Co., Ltd

- SANFAI NONWOVEN MACHINERY: Sales revenue of $15 million

◍ Changshu Ruiyang Non-woven Machinery Co., Ltd

◍ Changshu Tianli Nonwoven Equipment Co.

- Autefa: Sales revenue of $25 million

◍ Qingdao Changyuanlong Textile Machinery Co.

◍ Qingdao Tongruijia Machinery Co.

◍ Qingdao Chenwei Machinery Co.

◍ Changshu Lihong Nonwoven Machinery Co.

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Market Segmentation

By Application

◍ Artificial Leather

◍ Automotive Felts

◍ Carpets

◍ Insulation Materials

◍ Technical Felts

◍ Blankets (Needled)

◍ Others

By Product

◍ High Speed Needling Machines

◍ Medium Speed Needling Machines

◍ Others

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Market Growth

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$ X Billion USD

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