The report “Coated Fabrics Market by Product Type (Polymer-coated Fabrics, Rubber-coated Fabrics and Fabric-backed Wall Coverings), Application (Transportation, Protective Clothing, Roofing, Awnings & Canopies), & Region – Global Forecast to 2028”, size was USD 23.7 billion in 2022 and is projected to reach USD 29.8 billion by 2028, at a CAGR of 3.9% from 2023 to 2028. The market research report provides access to critical information such as coated fabrics market growth drivers, market growth restraints, current market trends, the market’s economic and financial structure, and other key market details. The main drivers of the coated farbics market are the increased safety rules in the vehicles, safety regulations in the industries to protect workers from hazard. These drivers influence the growth of the coated fabrics products.
The market is projected to grow due to rapid industrialization in emerging economies and innovative product development in protective clothing. The innovations are featured to meet the vital properties of coated fabrics products for different applications. Coated fabrics can serve a range of safety benefits and there is growing demand for safety measures in automobiles, aircraft, and other types of transportation. Therefore, there is a crucial need to increase coated fabrics production to sustain the demand.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=64354822
Coated Fabrics Companies
The key players profiled in the report include include Continental AG (Germany), Trelleborg AB (Sweden), Serge Ferrari Group (France), Saint-Gobain S.A. (France), and Freudenberg Group (Germany). The major market players given a high priority on incorporating new technologies to keep up with the constantly evolving demands of the coated fabrics around the world. To enhance their market position in the industry, these players have adopted a range of growth strategies such as initiating new product development, innovations, acquiring other companies, and launching new products. These tactics have been employed to expand their market share in the agricultural films industry.
Continental AG is key player in coated farbics market, it has strong presence in European and North American region. For various transportation applications, it offers wide range of products such as polymer- and rubber- coated fabrics for transportation, furniture & seatings applicaitons. The company’s primary focus is on the innovation and production of inventive coated fabrics, and it maintains strong connections with customers worldwide. In order to expand its reach, the company is enhancing its long-term financial stability and diversifying its product line to include both existing and complementary offerings. In May 2019, Continental has innovated heat protective coated fabrics which is also called elastomer-coated fabrics using the innovative Condensation Control Technology (CCT). This technology regulates body temperature and make the material intact for professional and leisure divewear. It offers a high level of safety at extremes of heat and cold.
Trelleborg AB, established in 1905, is a leading manufacturer of high-performance polymer materials and innovative technical solutions. As one of the largest coated fabrics companies, it holds a significant position in the market. The company specializes polymer and rubber- coated fabrics which majorly served for industrial purposes. Through the innovation and acquisition, the company is developing innovative and creative products that meet the global needs of its customers. In November 2022, Trelleborg Engineered Coated Fabrics has innovated fabric. It comes with different combinations of stretch properties through its surface without changing the textile.
Get Sample Copy of this Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=64354822
Protective Clothings was the fastest growing application of the coated fabrics market, in terms of value, in 2022
Due to the increased demand from the healthcare industry, stringent regulations and standards, technical improvements, and increasing awareness about workplace safety. Protective clothing manufacturer prefer coated fabrics as it has advantages in terms of safety, performance and sustainability. The technological developments in the coated fabrics advances its perfoamance, durability and functionality. This is projected to drive the in the protective clothing application in coated fabrics market.
Polymer-coated fabrics segment is estimated to be the largest product type of the coated fabrics, in terms of value, during the forecast period.
Polymer coated fabrics, such as polyurethane (PU), polyvinyl chloride (PVC), and polyethylene (PE), have emerged as a preferred alternative in the coated fabrics market. Their popularity stems from their exceptional versatility, offering a wide range of applications across various industries. These coated fabrics are known for their impressive durability, which ensures long-lasting performance even in demanding environments. This has indicated to their dominance in the coated fabrics market.
Asia Pacific is estimated to be the largest market for the coated fabrics market, in terms of value, during the forecast period.
Asia Pacific is projected to be the largest market for coated fabrics, driven by the high economic growth due to growing automotive & chemical industries and the rising population in region especially in India and China. There is high growth seen in protective clothing segments in this region due to increased government regulations for safety concerns in various industries such as transportation, chemical, oil & gas, construction and residential housing. This is due to growing economic conditions, rising GDP, active manufacturing sectors and healthcare sectors in emerging countries. Due to these reasons the demand for coated fabrics in Asia Pacific region is increased.
Inquire Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=64354822
About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
Media ContactCompany Name: MarketsandMarkets™ Research Private Ltd.Contact Person: Mr. Rohan SalgarkarEmail: Send EmailPhone: 18886006441Address:1615 South Congress Ave. Suite 103, Delray Beach, FL 33445City: FloridaState: FloridaCountry: United StatesWebsite: https://www.marketsandmarkets.com/Market-Reports/coated-fabric-market-64354822.html
