Press release
Coated Fabrics Market 2024: Key Players Takata Corporation, Saint-Gobain, Canadian General Tower, and Trelleborg
Large population size in China and India along with increase in consumer spending on home interiors have encouraged product demand in furniture upholstery and industrial measures such as sealing and contamination controls. Furniture application was valued at over USD 1.9 billion in 2015.
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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Saint-Gobain S.A.
2. Omnova Solutions
3. Trelleborg AB
4. Takata Corporation
5. Bo-Tex Sales Co
6. ContiTech AG
7. Isotex S.p.A
8. Graniteville Specialty Fabrics
9. Mauritzon Inc.
Transportation coated fabrics market size was over USD 6 billion in 2015, automotive industry expansion along with rising penetration in road conveyance are key factors stimulating application growth.
U.S. polymer coated fabrics market size is mainly driven by automotive industry growth. In terms of revenue, the segment was worth over USD 2.2 billion in 2015.China led by automotive industry growth expects growth of 12% from 2016 to 2024. Increasing manufacturing companies set up in India, Malaysia, and South Korea due to positive indicators from FDI should drive regional industry growth.
Latin America, with motor vehicle growth in Argentina, and Brazil may witness significant gains. Brazil transportation application to expand at over 2.5% CAGR up to 2024.
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Global coated fabrics market share is fairly fragmented as domestic companies holding more than 70% of the global demand. In terms of revenue, major industry player includes Omnova Solutions, Saint-Gobain, Takata Corporation, Canadian General Tower, and Trelleborg.
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