Global Coated Fabrics Market, By Product Type (Polymer-Coated Fabrics, Rubber-Coated Fabrics, Fabric-Backed Wall Coverings), Application (Transportation, Protective Clothing, Industrial, Roofing, Awnings and Canopies, Furniture and Seating, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
The coated fabrics market is estimated to reach a value of USD 36.96 billion by 2028 and is expected to grow at a compound annual growth rate of 4.65% for the forecast period of 2021 to 2028. Data Bridge Market Research report on coated fabrics market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Coated fabrics are the type of fabrics which are covered, coated or treated with various substances such as rubber, varnish, lacquer and thermoplastic coatings so as to make the material last longer and be resistant to dust, water, oil and other liquids. These coated fabrics are produced from smooth and pile fabrics and are sometimes combined with porolon to make them soft.
The increase in safety measures in the transportation application is likely to influence the growth of the coated fabrics market. In line with this, the strict regulatory requirements for workers’ safety driving the protective clothing segment is also expected to act as a key determinant which will favor the growth of the coated fabrics market over the forecast period of 2021 to 2028. Furthermore, the rapid technological innovations aimed at the lessening of raw material prices and achieving faster and efficient production and rapid industrialization coupled with infrastructure development are also expected to positively impact the growth of the coated fabrics market. The major factor which is expected to forward the growth of the market is the rapid increase in the investment in construction and infrastructure, oil and gas, automotive, chemical and manufacturing industries associated with notable economic development.
However, the fluctuating raw material prices, rise in environmental concerns and easy availability of substitutes are expected to act as key restraint towards coated fabrics market growth rate in the forecast period of 2021 to 2028. Whereas, the disposal or recycling of waste and lack of safety compliance are expected to challenge the growth of the coated fabrics market in the above mentioned forecast period.
Furthermore, the rapid industrialization in emerging economies and innovative product development in the protective clothing segment will further offer a variety of growth opportunities for the coated fabrics market in the above mentioned forecast period.
This coated fabrics market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on coated fabrics market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Coated Fabrics Market Scope and Market Size
The coated fabrics market is segmented on the basis of product type and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- Based on product type, the coated fabrics market is segmented into polymer-coated fabrics, rubber-coated fabrics and fabric-backed wall coverings. Polymer-coated fabrics have further been segmented into vinyl-coated fabrics, pu-coated fabrics, pe-coated fabrics and other polymer-coated fabrics.
- The application segment for coated fabrics market is segmented into transportation, protective clothing, industrial, roofing, awnings and canopies, furniture and seating and others.
Global Coated Fabrics Market Country Level Analysis
The coated fabrics market is analyzed and market size, volume information is provided by country, product type and application as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific leads the coated fabrics market because of the high investment in oil and gas, chemical and manufacturing, automotive, and infrastructure as well as the high economic growth. North America is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 due to the increase of automation in manufacturing sector associated with rise in skilled workforce in U.S.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Coated Fabrics Market Share Analysis
The coated fabrics market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to coated fabrics market.
The major players covered in the coated fabrics market report are Continental AG, Sioen Industries NV, Saint-Gobain Performance Plastics, Trelleborg Group, SergeFerrari Group, Low & Bonar, SRF Limited, OMNOVA Solutions Inc., SPRADLING GROUP, Cooley Group Holdings, Inc., Bo-Tex America, Mauritzon, Inc., Graniteville, Santex Rimar Group, ENDUTEX COATED TECHNICAL TEXTILES, The Haartz Corporation, Heytex Gruppe, Morbern Europe, Obeikan Investment Group, and Uniroyal Global Engineered Products Inc., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.