Wire mesh belts, made up of stainless or low carbon steel wire, are used in heat treating industries, foundry industries, baking industry and in other industries like ceramics, automotive, snack food, and food processing industries. In terms of application and type global wire mesh market is divided in to two, volume and revenue. Being an element of application for various purpose in a wide range of industries, a huge surge is expected in the wire mesh market. Market in Asia-Pacific is expected to rise further with enormous industrialization and construction works in developing economies like India and China.
The global Wire Mesh Belt market is valued at 954.9 million USD in 2020 is expect-ed to reach 1442.3 million USD by the end of 2026, growing at a CAGR of 6.0% during 2021-2026. Even though covid has slowed down the pace of acceleration of growth of wire mesh industry, with in a very short time It is expected to regain its growth rate.
By the looks of it, we understand enterprises are on a constant lookout for wire mesh manufacturing companies that can keep them in pace with changing norms.