Coated Fabrics Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025

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Coated Fabrics Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025

Status : March, 2020 | Chemical & Materials | PPT format

Report Digest


Global Coated Fabrics Market: Overview

Coated fabrics are composite materials prepared by spreading bonding agents on one or both sides of the fabric and coating it with rubber compounds as per the requirement of the final end-use application. The final product is not only flexible, strong, heat resistant, and washable, they can also be electrically conductive or insulating as per desire. In the automotive industry, coated fabrics are used to manufacture air bags and seat covers. As the automotive industry touches new peaks in the near future, owing to rising population across the world, the demand for coated fabrics is anticipated to increment at a rapid rate during the forecast period of 2017 to 2025.

Global Coated Fabrics Market: Key Trends

Apart from being utterly useful for the thriving automotive industry, coated fabrics are also used to make protective clothing for labors, which extends the horizon of its demand into several other flourishing industries. Strict government regulations such as European Union’s Directive 89/686/EEC and Australia's Model Work Health and Safety Act are urging industries towards industrial protective clothing adoption. Food and beverage, chemical processing, agriculture, and law enforcement are some of the most prominent end-use industries for coated fabrics, after automotive. Conversely, this industry is facing stiff challenge from alternative materials including leather, plastic, uncoated fabrics, and rubber sheeting, which will hinder the growth rate to a certain extend during the forecast period.

In terms of products, the global coated fabrics market can be segmented into polymer, rubber, and fabric-backed wall coverings. Out of these, polymer coated fabrics serve maximum demand as it is relatively inexpensive as compared to other fabrics and offer desirable resistance to water, abrasion, and fire. As the regulations for safety spreads into several other emerging economies, the global polymer coated fabrics market is expected to flourish.

Global Coated Fabrics Market: Market Potential

With technological advancements, the application of coated fabrics now extends to defense, marine, and aviation industries. Herein, coated fabrics are now extensively used for their attributes of barrier protection, air retention, abrasion resistance, and high strength to weight ratio. This factor will open new opportunities for the players in the global coated fabrics market. Moreover, consistent research and development in the field is sure to extend the application of coated fibrics into other fields and further expand the market.

Global Coated Fabrics Market: Regional Outlook

Nearly all regions are extending the demand for coated fabrics, with Asia Pacific growing at the best rate owing to vast population and a thriving automotive industry. Prosperity of healthcare industry is also expected to positively reflect on coated fabrics market in this region, especially in the emerging economies of India, China, Malaysia, and South Korea. In Europe, with stringent industrial safety regulations in the U.K, France, and Germany, protective clothing segment is most fruitful. Since the implementation of National Fire Protection Association (NFPA), OSHA, and ASTM, similar shift in the market is seen in the region of North America too, wherein the U.S. is extending the demand for coated fibrics to produce protective clothing for firefighting and law enforcement. In gulf, construction is at an all-new peak in the countries of UAE, Kuwait, Qatar, and Saudi Arabia, which serves the primary demand for coated fabrics to be used as safety clothing for the construction workers.

Global Coated Fabrics Market: Competitive Analysis

Saint-Gobain, Omnova Solutions, Canadian General Tower, Trelleborg, and Takata Corporation are some of the leading companies currently operational in this market, which is fragmented in nature with the presence of several local players.

The study presents a granular assessment and quantitative evaluation of:

  • Key growth factors and prominent trends
  • Size and share of key segments in overall market
  • Key challenges and winning imperatives
  • Factors shaping competitive landscape
  • Insights into how contours of market will change in coming years
  • Technological advances
  • New avenues and imminent investment pockets
  • Regulatory landscape shaping current and future strategies of companies

The region-wise assessment includes market dynamics in:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.

The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:

  • Which key factors will shape the competitive landscape?
  • Which trends will stimulate research and development activities in different geographies?
  • Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
  • Which disruptions in market growth are likely to come with the new business models?
  • Which are some of the recent overhauls in policies that may change the course of the market significantly?
  • Which are the geographies that will form sizable sources of new streams to new and established players alike?
  • How are top players likely to realign their strategy to counter the forces of competition?
  • Which key strategies emerging players are likely to focus on to consolidate their position?
  • Which changes in end-user preferences might affect the status quo held by the leading players?
  • Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?

Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.

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