Global Polymer Coated Fabric Market is Expected to Register a Healthy CAGR in the Forecast Period of 2019 to 2026

According to Data Bridge Market Research new Market report, global polymer coated fabric market will account to an estimated USD 18.73 billion in 2018 growing at a CAGR of 4.38% during the forecast period of 2019 to 2026.

Global Polymer Coated Fabric Market

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Global Polymer Coated Fabric Market

Polymer coated fabric can be defined as the textile materials and compounds that are individually coated with different polymers and chemical compounds resulting in different features for each of the textile materials. This processing helps in making the materials tear and wear resistant, waterproof, flame resistant, and various other external environmental factors.

Segmentation: Global Polymer Coated Fabric Market

Global polymer coated fabric market is segmented on the basis of polymer type, material type, product, application, end-user and geography.

By Polymer Type (Thermoplastic, PVC, PVDC, Acrylics, PVA, Polyurethane, Aramids, Latex, Rubber, Natural, Synthetic), Material Type (Knitted, Woven, Non-Woven), Product (Vinyl Coated Fabrics, Polyurethane Coated Fabrics, Polyethylene Coated Fabrics, Others), Application (Protective Clothing, Transportation, Industrial, Furniture & Seating, Roofing & Canopies, Others), End-User (Automobile, Aerospace, Marine, Chemical Processing, Military, Others) and Geography (North America, South America, Europe, Asia-Pacific, Middle East & Africa)

FACTORS DRIVING GROWTH IN POLYMER COATED FABRIC MARKET

Innovative product launches and expansion strategies adopted by major manufacturers

  • In January 2019, Trelleborg AB announced the launch of “Tactwear”, a new form of polymer coated composite. The composite is designed to increase wear and tear resistance, functionality in tactical gears, waterproof bags, and various wearable accessories apparel.
  • In July 2018, Trelleborg AB announced that they had agreed to acquire U.S. based Laminating Coating Technologies Inc. The company is focused on the production of coated fabrics in aerospace applications and in healthcare market.

Key Market Competitors:

Few of the major competitors currently working in the polymer coated fabric market are Trelleborg AB, Spradling International Inc., Serge Ferrari S.A.S.., Sioen Industries NV, Continental AG, Cooley Group Holdings Inc., SRF Limited, OMNOVA Solutions Inc., Mount Vernon Mills Inc., Uniroyal Global Engineered Products Inc., Morbern, Low & Bonar GmbH, Bayer AG, Akzo Nobel N.V., PPG Industries Inc., 3M, The Valspar Corporation, DowDuPont, BASF SE, Nippon Paint Holdings Co. Ltd. and The Sherwin-Williams Company.

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