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The Felt market is a segment of the Textiles industry that focuses on the production of felt fabric. Felt is a non-woven cloth that is made from fibers that are interlocked through a process of matting, condensing, and pressing. It is a versatile material that is used in a variety of applications, including clothing, footwear, and home furnishings. Felt is also used in industrial applications, such as automotive and aerospace components.
The Felt market is driven by the increasing demand for felt fabric in various industries. The growing demand for felt fabric in the apparel and footwear industries is expected to drive the market in the coming years. Additionally, the increasing use of felt fabric in industrial applications is expected to further boost the market.
Some of the major companies in the Felt market include W.L. Gore & Associates, Inc., Freudenberg Group, 3M, and Johns Manville Corporation. Show Less Read more