Asia Pacific paper machine clothing (PMC) market will grow by 5.3% annually with a total addressable market cap of $7.27 billion over 2024-2033. The growth is driven by the increasing demand for paper and paper-based products across various industries, technological advancements in the papermaking process, the introduction of innovative materials for PMC, and the shift towards sustainability.

Highlighted with 29 tables and 37 figures, this 100-page report “Asia Pacific Paper Machine Clothing (PMC) Market 2023-2033 by Product Type (Forming Fabrics, Press Felts, Dryer Fabrics), Material (Nylon, Polyester, PVDF, Others), Application (Wrapping & Packaging Paper, Printing & Writing Paper, Household & Sanitary Paper, Newsprint, Others), and Country: Trend Forecast and Growth Opportunity” is based on comprehensive research of the entire Asia Pacific paper machine clothing (PMC) market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2021-2023 and provides forecast from 2024 till 2033 with 2023 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)

In-depth qualitative analyses include identification and investigation of the following aspects:

• Market Structure

• Growth Drivers

• Restraints and Challenges

• Emerging Product Trends & Market Opportunities

• Porter’s Fiver Forces

The trend and outlook of Asia Pacific market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify Asia Pacific paper machine clothing (PMC) market in every aspect of the classification from perspectives of Product Type, Material, Application, and Country.

Based on Product Type, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2023-2033 included in each section.

• Forming Fabrics

• Press Felts

• Dryer Fabrics

Based on Material, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2023-2033 included in each section.

• Nylon

• Polyester

• PVDF

• Other Materials

By Application, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2023-2033 included in each section.

• Wrapping & Packaging Paper

• Printing & Writing Paper

• Household & Sanitary Paper

• Newsprint

• Other Applications

Geographically, the following national/local markets are fully investigated:

• Japan

• China

• South Korea

• Australia

• India

• Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)

For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2023-2033. The breakdown of national markets by Product Type, Material, and Application over the forecast years are also included.

The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Selected Key Players:

Albany International

ANDRITZ AG

AstenJohnson

Benost

Cristini S.p.A.

DuPont

Filcon Fabrics

Heimbach

ICHIKAWA

Jürgens Holding

Monosuisse

Nippon Filcon

Perlon Nextrusion Monofil

Sichuan Vanov

Valmet

Voith Paper Fabrics India

Xerium Technologies

(Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)

1 Introduction 7

1.1 Industry Definition and Research Scope 7

1.1.1 Industry Definition 7

1.1.2 Research Scope 8

1.2 Research Methodology 11

1.2.1 Overview of Market Research Methodology 11

1.2.2 Market Assumption 12

1.2.3 Secondary Data 12

1.2.4 Primary Data 12

1.2.5 Data Filtration and Model Design 13

1.2.6 Market Size/Share Estimation 14

1.2.7 Research Limitations 15

1.3 Executive Summary 16

2 Market Overview and Dynamics 18

2.1 Market Size and Forecast 18

2.1.1 Impact of COVID-19 on World Economy 19

2.1.2 Impact of COVID-19 on the Market 23

2.1.3 Impact of Russia-Ukraine Conflict 25

2.1.4 Impact of Israel-Palestine War 27

2.2 Major Growth Drivers 28

2.3 Market Restraints and Challenges 32

2.4 Emerging Opportunities and Market Trends 35

2.5 Porter’s Fiver Forces Analysis 39

3 Segmentation of Asia Pacific Market by Product Type 43

3.1 Market Overview by Product Type 43

3.2 Forming Fabrics 45

3.3 Press Felts 46

3.4 Dryer Fabrics 47

4 Segmentation of Asia Pacific Market by Material 48

4.1 Market Overview by Material 48

4.2 Nylon 50

4.3 Polyester 51

4.4 PVDF 52

4.5 Other Materials 53

5 Segmentation of Asia Pacific Market by Application 54

5.1 Market Overview by Application 54

5.2 Wrapping & Packaging Paper 56

5.3 Printing & Writing Paper 57

5.4 Household & Sanitary Paper 58

5.5 Newsprint 59

5.6 Other Applications 60

6 Asia-Pacific Market 2023-2033 by Country 61

6.1 Overview of Asia-Pacific Market 61

6.2 Japan 64

6.3 China 67

6.4 Australia 70

6.5 India 72

6.6 South Korea 74

6.7 Rest of APAC Region 76

7 Competitive Landscape 78

7.1 Overview of Key Vendors 78

7.2 New Product Launch, Partnership, Investment, and M&A 81

7.3 Company Profiles 82

Albany International 82

ANDRITZ AG 84

AstenJohnson 85

Benost 86

Cristini S.p.A. 87

DuPont 88

Filcon Fabrics 89

Heimbach 90

ICHIKAWA 91

Jürgens Holding 92

Monosuisse 93

Nippon Filcon 94

Perlon Nextrusion Monofil 95

Sichuan Vanov 96

Valmet 97

Voith Paper Fabrics India 98

Xerium Technologies 99

RELATED REPORTS 100

List of Tables:

Table 1. Snapshot of Asia Pacific Paper Machine Clothing Market in Balanced Perspective, 2023-2033 17

Table 2. World Economic Outlook, 2024-2036 20

Table 3. World Economic Outlook, 2022-2024 22

Table 4. Scenarios for Economic Impact of Ukraine Crisis 26

Table 5. Scenarios for Economic Impact of Israel-Palestine War 27

Table 6. Main Product Trends and Market Opportunities in Asia Pacific Paper Machine Clothing Market 35

Table 7. Asia Pacific Paper Machine Clothing Market by Product Type, 2023-2033, $ mn 43

Table 8. Asia Pacific Paper Machine Clothing Market by Material, 2023-2033, $ mn 48

Table 9. Asia Pacific Paper Machine Clothing Market by Application, 2023-2033, $ mn 54

Table 10. APAC Paper Machine Clothing Market by Country, 2023-2033, $ mn 62

Table 11. Japan Paper Machine Clothing Market by Product Type, 2023-2033, $ mn 66

Table 12. Japan Paper Machine Clothing Market by Material, 2023-2033, $ mn 66

Table 13. Japan Paper Machine Clothing Market by Application, 2023-2033, $ mn 66

Table 14. China Paper Machine Clothing Market by Product Type, 2023-2033, $ mn 68

Table 15. China Paper Machine Clothing Market by Material, 2023-2033, $ mn 68

Table 16. China Paper Machine Clothing Market by Application, 2023-2033, $ mn 68

Table 17. Australia Paper Machine Clothing Market by Product Type, 2023-2033, $ mn 71

Table 18. Australia Paper Machine Clothing Market by Material, 2023-2033, $ mn 71

Table 19. Australia Paper Machine Clothing Market by Application, 2023-2033, $ mn 71

Table 20. India Paper Machine Clothing Market by Product Type, 2023-2033, $ mn 73

Table 21. India Paper Machine Clothing Market by Material, 2023-2033, $ mn 73

Table 22. India Paper Machine Clothing Market by Application, 2023-2033, $ mn 73

Table 23. South Korea Paper Machine Clothing Market by Product Type, 2023-2033, $ mn 75

Table 24. South Korea Paper Machine Clothing Market by Material, 2023-2033, $ mn 75

Table 25. South Korea Paper Machine Clothing Market by Application, 2023-2033, $ mn 75

Table 26. Paper Machine Clothing Market in Rest of APAC by Country/Region, 2023-2033, $ mn 77

Table 27. Albany International: Company Snapshot 82

Table 28. Albany International: Business Segmentation 83

Table 29. Albany International: Product Portfolio 83


List of Figures:

Figure 1. Research Method Flow Chart 11

Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 14

Figure 3. Asia Pacific Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2023-2033 16

Figure 4. Asia Pacific Paper Machine Clothing Market, 2023-2033, $ mn 18

Figure 5. Impact of COVID-19 on Business 23

Figure 6. Primary Drivers and Impact Factors of Asia Pacific Paper Machine Clothing Market 28

Figure 7. Worldwide Commercial Printing Market, 2021-2031, $ mn 31

Figure 8. Primary Restraints and Impact Factors of Asia Pacific Paper Machine Clothing Market 32

Figure 9. Investment Opportunity Analysis 36

Figure 10. Porter’s Fiver Forces Analysis of Asia Pacific Paper Machine Clothing Market 39

Figure 11. Breakdown of Asia Pacific Paper Machine Clothing Market by Product Type, 2023-2033, % of Revenue 44

Figure 12. Asia Pacific Addressable Market Cap in 2024-2033 by Product Type, Value ($ mn) and Share (%) 44

Figure 13. Asia Pacific Paper Machine Clothing Market by Product Type: Forming Fabrics, 2023-2033, $ mn 45

Figure 14. Asia Pacific Paper Machine Clothing Market by Product Type: Press Felts, 2023-2033, $ mn 46

Figure 15. Asia Pacific Paper Machine Clothing Market by Product Type: Dryer Fabrics, 2023-2033, $ mn 47

Figure 16. Breakdown of Asia Pacific Paper Machine Clothing Market by Material, 2023-2033, % of Sales Revenue 49

Figure 17. Asia Pacific Addressable Market Cap in 2024-2033 by Material, Value ($ mn) and Share (%) 49

Figure 18. Asia Pacific Paper Machine Clothing Market by Material: Nylon, 2023-2033, $ mn 50

Figure 19. Asia Pacific Paper Machine Clothing Market by Material: Polyester, 2023-2033, $ mn 51

Figure 20. Asia Pacific Paper Machine Clothing Market by Material: PVDF, 2023-2033, $ mn 52

Figure 21. Asia Pacific Paper Machine Clothing Market by Material: Other Materials, 2023-2033, $ mn 53

Figure 22. Breakdown of Asia Pacific Paper Machine Clothing Market by Application, 2023-2033, % of Sales Revenue 55

Figure 23. Asia Pacific Addressable Market Cap in 2024-2033 by Application, Value ($ mn) and Share (%) 55

Figure 24. Asia Pacific Paper Machine Clothing Market by Application: Wrapping & Packaging Paper, 2023-2033, $ mn 56

Figure 25. Asia Pacific Paper Machine Clothing Market by Application: Printing & Writing Paper, 2023-2033, $ mn 57

Figure 26. Asia Pacific Paper Machine Clothing Market by Application: Household & Sanitary Paper, 2023-2033, $ mn 58

Figure 27. Asia Pacific Paper Machine Clothing Market by Application: Newsprint, 2023-2033, $ mn 59

Figure 28. Asia Pacific Paper Machine Clothing Market by Application: Other Applications, 2023-2033, $ mn 60

Figure 29. Breakdown of APAC Paper Machine Clothing Market by Country, 2023 and 2033, % of Revenue 62

Figure 30. Contribution to APAC 2024-2033 Cumulative Market by Country, Value ($ mn) and Share (%) 63

Figure 31. Paper Machine Clothing Market in Japan, 2023-2033, $ mn 65

Figure 32. Paper Machine Clothing Market in China, 2023-2033, $ mn 67

Figure 33. Paper Machine Clothing Market in Australia, 2023-2033, $ mn 70

Figure 34. Paper Machine Clothing Market in India, 2023-2033, $ mn 72

Figure 35. Paper Machine Clothing Market in South Korea, 2023-2033, $ mn 74

Figure 36. Paper Machine Clothing Market in Rest of APAC, 2023-2033, $ mn 76

Figure 37. Growth Stage of Asia Pacific Paper Machine Clothing Industry over the Forecast Period 78

over the Forecast Period 78

Methodology/Research Approach

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Research Programs/Design

Historical Data (2015-2019)	Industry Trends Competitive Landscape By Company Expansion Mergers and Acquisitions Market Segment by Type by Application By Regions/ Geography	Value Status and Outlook Value for Major Players Market Share Growth Rate Present Situation Analysis Value Market Share Growth Rate Present Situation Analysis
Influencing Factors	Market Environment Government Policy Technological Changes Market Risks	Market Drivers Growing Demand of Downstream Reduction in Cost
Market Forecast (2021-2026)	Overall Size by Type by Application By Regions/Geography	Key Data (Value) Market Share Growth Rate CAGR (2021-2026)

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Market Size	Segmental value Geographic Penetration Product Adoption Rate for Different market	Journals, Websites, and Press Releases Annual Reports and SEC Filings Company Websites and Press Releases Public and Paid Databases Market Intellix Data Repository
Market Position of Top Company	Product Financials Geographic value Mix Total Company value Business/Segmental value Mix
Qualitative Analysis	Influence Factors Market Potential Market Risks and Opportunities Industry Trends Geographical Features Government Policies	Company Websites and Press Releases Public and Paid Databases Annual Reports Industry Associations Market Intellix Data Repository

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources

Primary Sources	Parameters	Key Data
Market Segments(by Application, by Type)	Value by Type Status and Forecast Value by Application Value by Regions, Status and Forecast (2021-2026)	Value Market Share by Type Value Growth Rate by Type Value by Application Percentage and Growth Rate by Application Value Growth Rate and Market Share by Regions Market Size Status and Forecast (2021-2026)
Total Market	Overall Size, Status and Forecast	Market Size Status and Forecast (2021-2026)