Infinium Global Research has added a new report on Global Coated Fabrics Market. The report covers the analysis of global as well as regional markets of coated fabrics. Moreover, the report gives insights into the factors that affect the global as well as regional performance of the market in the short run and in the long run. According to the report, the global coated fabrics market is projected to grow at a CAGR of 4.50% over the forecast period of 2019-2025.
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Coated Fabrics Market
The coating contains elastomer or polymer generally in a sticky form that is applied on the fabric for further treatment. From the commercial point of view, the coated fabrics market is expected to witness significant growth owing to the increasing use in technical textiles and other application. Coated fabrics are used largely used in engineering, carpeting, filtration, protective clothing, geotextile, heating, and military are some domains where coated fabrics are used. Generally, there is two forms of coated fabric such as laminating and coating.
Coated Fabrics Market: Drivers and Restraints
The coated fabrics market is driven by increasing demand for coated fabrics in various application such as transportation and many other sector. Moreover, material properties such as oil and dirt repellent, UV-resistant, rot-proof, and water-resistant has accelerated the use in the manufacturing of automobile parts and components are also expected to drive the coated fabrics market. However, the unstable raw material prices of coated fabrics are anticipated to restrict the growth of the coated fabrics market. Nonetheless, rising application of coated fabric for manufacturing various product such as vehicle seating and airbags, protective apparel, shoes, belts, and upholstered furniture is estimated to create a new opportunity for the global coated fabrics market.
Coated Fabrics Market: Competitive Landscapes
The key players in the coated fabrics market are Takata Corporation, Bo-Tex Sales Co., Saint-Gobain, Omnova Solutions, Canadian General Tower, Mauritzon Inc., Isotex S.p.A., Sioen Industries NV, Graniteville Specialty Fabrics, and ContiTech AG, and many others.
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Coated Fabrics Market: Segmentation
The report on the global coated fabrics market covers segments such as product and application. The product segment is further segmented into rubber, polymer, and fabric-backed wall coverings. Polymer segment accounted for the largest revenue share of the coated fabric market. On the basis of application, the coated fabrics market is segmented into transportation, roofing & canopies, industrial, protective clothing, awnings, and furniture & seating.
Coated Fabrics Market: Regional Insights
On the basis of region, the global coated fabrics market is bifurcated into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. North America is also estimated to be the fastest-growing region within the projected years owing to after the shale gas boom, rising oil and gas activities in the U.S. Additionally, the stringent FDA regulation is estimated to enhance the protective clothing demand which is anticipated to propel the coating fabrics market in the region. The Asia Pacific held the largest revenue share for global coated fabrics market in 2018 owing to the increasing investment in chemical & manufacturing, infrastructure, oil & gas, and automotive industry along with the increase in government initiatives against pollution.
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