Growing Demand for Webbing from Aerospace & Military Industry Drives Russia Webbing Market

The webbing market in Russia is mainly driven by the strong presence of automotive, aerospace, and military industries in the country. Along with the production of passenger cars, light commercial vehicles, heavy commercial vehicles, buses, etc., the country also exports cars to European and Asian countries. According to the Association of Russian Automakers, the country produced 1,260,518 passenger cars in 2020, which increased to 1,352,740 in 2021. Further, the air transport sector significantly contributes to the country’s economy. Further, development and utilization of webbing have revolutionized the aerospace industry. Woven webbing is used in the industry because it is lightweight and provides high performance to meet rigorous industry standards. Woven webbing has various applications in the aerospace industry because of its easy-to-clean features and ability to resist heat, chemicals, and abrasion. Further, the specialized narrow fabrics, 2D and 3D thermosets, thermoplastic fabrics, and novel E-WEBBINGS narrow woven fabrics are suited for meeting specific strength requirements of structural components in the industry. Additionally, these materials are widely used in crucial aerospace industry applications such as parachutes, cargo restraint systems, and seating, as well as in interior applications, including crew safety system components, flight suits, air slides, seatbelts, and flotation devices.

Aircraft manufacturing is a prominent industry in Russia. The country is involved in producing civilian and military aircraft and helicopters. It is one of the largest arms exporters in the world. The Russian government is focusing on shoring up its domestic manufacturing, adopting an import substitution policy, and incorporating more Russian-built components into aircraft of domestic make, subsequently reducing dependence on foreign suppliers. According to Rosoboronexport, a Russian agency responsible for military exports, the country sold ~US$ 15 billion worth of weapons to 53 countries worldwide in 2017, maintaining the same level of sales as the previous year. According to the Stockholm International Peace Research Institute, ~US$ 6.14 billion of that US$ 15 billion was reserved for major weaponry, including military aircraft, ships, armored vehicles, and guided munitions. According to the news released by Reuters in June 2022, the Russian government announced its plan to invest RUB 770 billion (US$ 14.5 billion) in the country's aviation industry by the end of this decade to boost the share of domestically manufactured aircraft. According to the news released by Simple Flying in January 2023, Aeroflot is planning to purchase over 60 new Russian aircraft over the next few years. Thus, the growing production of aircraft and military equipment triggers the demand for webbing, as webbing is used in parachutes, passenger safety components, flight suits, seat belts, seat construction, cargo netting reinforcement tapes, crew safety system components, etc.

Ningbo MH Industry Co Ltd, Bowmer Bond Narrow Fabrics Ltd, Stretchline Ltd, Helmut Pfeiffer GmbH & Co KG, ETS LECUYER SaRL, Fantex Industrie SAS, Eurosandow SAS, PMS Industrie SAS, and EP Launcher International Co Ltd are among the key players operating in the Russia webbing market.

Impact of COVID-19 Pandemic on Russia Webbing Market Growth

The increasing use of webbing in various end-use industries, such as automotive, aerospace, military, fashion, sports goods, and medical, was mainly driving the webbing market in Russia before the COVID-19 pandemic. The COVID-19 pandemic adversely impacted the Russian economy and slowed down the growth of various industries in 2020. The shutdown of manufacturing plants and factories in Europe, especially in Russia, adversely affected the supply chains and hampered manufacturing operations, delivery schedules, and goods sales. Further, various companies announced possible delays in product deliveries and a slump in sales of their products. Due to the COVID-19 pandemic, the demand for webbing slowed down due to an expected drop in the production of aircraft, military equipment, automotive, and sporting goods. In Russia, automotive plants were running out of components due to supply shortages caused by the pandemic. Due to the COVID-19 pandemic, aircraft production decreased in Russia, negatively affecting the webbing market growth.

However, the marketplace began recovering from the losses incurred as the country's government announced a relaxation in social restrictions and trade. Moreover, the rising vaccination rates and reopening of industrial activities led to conducive environments for industrial progress. The increasing production of aircraft, military equipment, automotive, textile, and sporting goods in Russia has mainly driven the demand for webbing. According to the Association of Russian Automakers, the country manufactured ~1,435,551 passenger cars, light commercial vehicles, heavy commercial vehicles (excluding light trucks), and buses (excluding minibuses) in 2020, and this number increased to 1,567,007 in 2021. All these factors have positively impacted the webbing market growth.

The "Russia Webbing Market Analysis to 2028" is a specialized and in-depth study of the chemicals & materials industry, focusing on the Russia webbing market trend analysis. The report aims to provide an overview of the market with detailed market segmentation. The Russia webbing market is segmented based on material, product, and end use. Based on material, the market is segmented into natural and man-made. Based on product, the market is segmented into flat webbing and tubular webbing. Based on end use, the market is segmented into aerospace, automotive, military, industrial and safety, fashion accessories, e-textile, sport goods, marine, medical, and others. In 2022, the man-made material segment dominated the Russia webbing market and is expected to grow faster during the forecast period. Man-made webbing materials include polyester, nylon, polypropylene, aramid fibers, and high-modulus polyethylene. Exotic synthetic fibers used for making webbing include Kevlar, Nomex, Dyneema, and Spectra. Polyester webbing is commonly utilized in applications with low to high load-bearing capacity.

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