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Coated Fabric Market Future Growth Analysis On OMNOVA Solutions, Continental, Takata, Serge Ferrari

05-14-2020 03:10 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Brandessence Market Research and Consulting Pvt ltd.

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Coated Fabric Market

Coated Fabric Market

This detailed report on 'Coated Fabric Market' put offers a succinct study on regional forecast, industry size, Revenue estimations related to the industry. The report further emphasizes primary challenges and growth trends adopted by leading manufacturers of the dynamic competitive spectrum of the 'Coated Fabric market'. Key players for Global Coated Fabric Market Report- Global coated fabric market reports cover prominent players like Omnova Solutions, Continental AG, Sioen Industries NV, Graniteville Specialty Fabrics, Takata Corporation, Serge Ferrari Group, Saint-Gobain, Canadian General Tower, Mauritzon Inc., ContiTech AG, Bo-Tex Sales Co., Isotex S.p.A., and others.

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Global Coated Fabric Market is valued at USD 19.86 Billion in 2018 and expected to reach USD 26.67 Billion by 2025 with the CAGR of 4.3% over the forecast period. Increasing demand of protective clothing for making personal protective wears in manufacturing industries, rising safety concerns in the transportation application as well as surge in usage for military wears are the major factors driving the growth of Global Coated Fabric Market.

Key players for Global Coated Fabric Market Report-
Global coated fabric market reports cover prominent players like Omnova Solutions, Continental AG, Sioen Industries NV, Graniteville Specialty Fabrics, Takata Corporation, Serge Ferrari Group, Saint-Gobain, Canadian General Tower, Mauritzon Inc., ContiTech AG, Bo-Tex Sales Co., Isotex S.p.A., and others.

Global Coated Fabric Market Segmentation:-

By Coating Type:
Rubber Coated Fabrics
Polymer Coated Fabrics
Backed Wall Coverings Fabrics
Others

By Application Type:
Transportations
Protective clothing
Automotive
Industrial
Furniture & seating
Others

The regions covered in global coated fabric market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, global coated fabric market sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.

Coated fabric is the combination of two or more materials out of which at least one material should be textile fabric of polymer. These materials are compactly bonded together for acquiring strength, more impervious, more weather resistant and longer lasting. Other coating materials include rubber, plastic resins, polyvinyl chloride, acrylic, laminates, PVC, and many more. Coated fabrics have extensive use due to its properties of oil-repellent, rot-proof, UV resistant, water resistant, and anti-corrosive high durability and wear resistant. The coated fabrics clothing has two types such as woven and non-woven. The woven products are knitted having continuous fibers with two or three dimension structures and can be used for composite tooling. Non-woven coated fabrics are textile-based materials that can be shaped into mats of randomly-oriented fibers, felt, and needle punched cloths. The application of the coated fabrics' includes aerospace, automotive, chemical processing, electronics, healthcare and many others. In healthcare sector, the coated fabrics have found extensive benefits. For example, an antimicrobial coating of synthetic fibers such as polyester, polyamide or polypropylene on fabrics can reduce spread of germs and used in emergency medical services for carrying case or medical wearable devices.

Global coated fabric market is segmented on the basis of coating type, applications and region & country level. On the basis of coating type, global coated fabric market is divided into rubber coated fabric, polymer coated fabric, backed wall coverings fabrics and others. On the basis of application, global coated fabric services market is divided into transportations, protective clothing, automotive, industrial, furniture & seating and others.

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Global Coated Fabric Market Dynamics-
The key factor for growth of global coated fabric market is increasing demand of protective clothing for making personal protective wears in manufacturing industry, rising safety concerns in the transportation application as well as surge in usage for military wears. According to Stockholm International Peace Research Institute (SIPRI), the global military expenditure including military wears and equipments have been estimated to USD 1822 billion in 2018 which was 2.6% higher compare to in 2017. The coating fabrics have extensive use in making the personal protective wears in military as well as in automotive for making seats, covers, belts and other interior of the vehicles. However, fluctuations in the prices of raw materials and presence of substitute materials may hamper the market growth. Moreover, adoption of coating fabrics with cost effective advanced technology materials like nanomaterials, plasma coating, and inkjet deposition in automotive, healthcare, military and many other sectors may create the huge opportunity for further growth of the market.

Global Coated Fabric Market Regional Analysis-
North America is expected to dominate the global coated fabric market with the potential rate due to rising safety awareness in the transportation and chemical industry in this region. According to Center for Disease Control and Prevention in 2014, more than 13 million workers from the United States are being exposed to chemicals which are harmful for the skins causing variety of occupational skin diseases. This can be prevented with the use of proper coated fabrics for the personnel protections. According to Bureau of Transportation Statistics (BTS) in 2017, the U.S. transportation system has been served more than 326 million Americans whereas in the U.S. the estimated transportation capital was around USD 7.7 trillion in 2016.

Europe is the second-largest region in the global coated fabric market due to rise in automotive sales which increases the demand for these coated fabrics for seats, interior coverings and many others. According to the International International Council on Clean Transportation in 2018, new car registrations in the Europe was 15.1 million which was approximately 5 million new cars with more than 8 times as compare to in 2001.
The Asia Pacific is expected to emerge as the fastest-growing regional market due to rapidly increasing manufacturing industries due to low labor cost, huge availability of workforce and require less investment as compare to developed countries for establishing new plant in this region.

Key Benefits for Global Coated Fabric Market Report-
o Global Coated Fabric market report covers in depth historical and forecast analysis.
o Global Coated Fabric market research report provides detail information about market introduction, market summary, global market revenue (revenue USD), market drivers, market restraints, market opportunities, competitive analysis, regional and country level.
o Global Coated Fabric market report helps to identify opportunities in market place.
o Global Coated Fabric market report covers extensive analysis of emerging trends and competitive landscape.

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About us: Brandessence Market Research and Consulting Pvt. ltd.
Brandessence market research publishes market research reports & business insights produced by highly qualified and experienced industry analysts. Our research reports are available in a wide range of industry verticals including aviation, food & beverage, healthcare, ICT, Construction, Chemicals and lot more. Brand Essence Market Research report will be best fit for senior executives, business development managers, marketing managers, consultants, CEOs, CIOs, COOs, and Directors, governments, agencies, organizations and Ph.D. Students. We have a delivery center in Pune, India and our sales office is in London.

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