Press release
Global Coated Fabrics for Defense Market Expected to Grow at a CAGR of 2.9% during 2018 - 2028
Extensive applications in the production of defense equipment components such as ejector seats, flight suits, and rafts for automobile, aviation, marine and railway military operations worldwide is the primary driving factor behind the growth of the coated fabrics for defense market through 2028. Rising incidences of military related violence worldwide is also expected to positively contribute towards demand owing to its applications in making parachutes for para trooping operations.Revenues from the coated fabrics for defense market are estimated to grow at a CAGR of 2.9% through 2028.These insights have been gleaned from the report titled “Coated Fabrics for Defense Market: Innovation in Clothing for Military Personnel to Boost Growth in Demand During the Forecast Period” added recently to the huge repository of Market Research Reports Search Engine (MRRSE).
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Increasing number of military personnel worldwide is expected to create greater demand for clothing made from coated fabrics. On the other hand, major issues with recycling and environmental concerns arising from the poor disposal of waste in the production process, along with differing testing standards worldwide, are anticipated to act as some of the most significant constraining factors for the growth of the coated fabrics for defense market in the near future.
Coated Fabrics for Defense Market: Report Synopsis
This report delivers regional and global-level analysis & forecasts on the coated fabrics for defense market, in terms of value (US$ Mn), for the period of forecast 2018 to 2028. Vital factors such as social, political and economic influencers that play a role in impacting demand and the need for coated fabrics for defense have been perused and studied in the report.
A extensive value chain analysis on the coated fabrics for defense industry has been offered in this report, and the report intelligence has been effectively used for making the readers understand the competitive scenario among leaders and new market players and also the consumers. A market attractiveness analysis, where applications have been assessed on the basis of factors such as their market size, competition matrix, general attractiveness, and Y-O-Y growth rate, has also been included in the report.
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Coated Fabrics for Defense Market: Research Methodology
In depth discussions and extensive interviews have been carried out with various highly experienced industry experts and opinion leaders during the compilation of this report. Primary and secondary research methodologies have been used extensively, which have aided greatly in offering reliable intelligence on the coated fabrics for defense market. Primary research represents bulk of the research efforts, which has been further supported with an extensive secondary research.
Prominent companies and new entrants in the coated fabrics for defense market have been reviewed, while data sources such as press releases, investor presentations, annual reports, and other related documents have used for complete analysis on the market’s competitor landscape and for better market understanding. The research approach employed has been understood as being one of the most reliable and effective approaches to harness accurate information on the market data, by finding and making use of latent business opportunities, and gaining actionable insights about the industry participants.
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