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Coated Fabrics Market to Increase at Steady Growth Rate by 2016-2024

Zion Market Research, the market research group announced the analysis report titled Coated Fabrics Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Global Coated Fabrics Market: Overview

Coated fabric encompasses rubber, plastic, lacquer, varnish, and polyethylene making them highly flexible, robust, and durable. The coated fabrics are resistant to oil, water, flame, UV radiation, stain, abrasion or scratch and also flexible, antifungal, antibacterial, antistatic, highly visible, and weldable making them applicable in the seating, awnings, industrial curtains, and upholstery. These products are widely used in sectors such as aviation, automobile, marine, construction, and furniture.

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Global Coated Fabrics Market: Growth Factors

The increasing economic growth and large-scale investments in the various industries such as infrastructure, chemical, oil and gas, steel and military, and automotive drives the global coated fabrics market towards growth. The increasing upsurge of rubber- and polymer-coated fabrics in the marine, aircraft, automobile, and railways applications fuels the global market growth. The low cost, easy weldability, and easy availability of coated fabrics are expected to boost the growth of the global market. The coated fabrics’ rising demand for the furniture and seating, transportation, industrial, protective clothing, roofing, awnings and canopies, agriculture, geotextiles, medical, packaging and sports and leisure help influence the global market growth. The stringent norms regarding labor safety and standards are the factors responsible for the growth of the global market. The solvent used in the production of coated fabrics along with other substitutes which are an environmental concern are considered to hinder the global coated fabrics market growth.

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Global Coated Fabrics Market: Segmentation

The global coated fabrics market is bifurcated based on the application, product, and region. The application segment is divided into protective clothing; transportation; furniture and seating; roofing, awning and canopies; industrial; and others. The product segment is classified into rubber-coated fabrics, polymer-coated fabrics, and fabric backed wall coverings. The regional segmentation includes North America, Asia-Pacific, Europe, and Rest of the World. The transportation segment dominates the global market.

Global Coated Fabrics Market: Regional Analysis

Asia Pacific region dominates the global coated fabrics market due to the growing industrialization backed with the development of infrastructure. The rising number of commercial and industrial construction, chemical, automobile, and health care industries in the emerging regions such as South Korea, China, India, Indonesia, and Malaysia attribute the growth of the global market. China market in the Asia-Pacific region is leading due to the high penetration of the protective clothing and transportation applications. The labor security and increasing construction projects fueled the coated fabrics industry in Kuwait, Saudi Arabia, the UAE, the Middle East and Africa. The stringent government regulations, especially in the U.S., hinder the global market.

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Global Coated Fabrics Market: Competitive Players

The key players in the global coated fabrics market include Sioen Industries NV, Saint-Gobain S.A., Serge Ferrari Group, SRF Limited, Trelleborg AB, Takata Corporation, and Low & Bonar PLC. The other players in the global market include OMNOVA Solutions Inc., Dickson-Constant, Continental AG, Heytex Bramsche GmbH, Seaman Corporation, Spradling International Inc., and Canadian General Tower.

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