Coated Fabrics Market Key Insights Of The Business Scenario By 2024 | Saint-Gobain S.A., Omnova Solutions, Spradling International Inc, Trelleborg AB, Takata Corporation

According to a report by Global Market Insights, Inc., the coated fabrics market has been forecast to record a valuation of USD 27.4 billion by the end of 2024, given their increasing use in automobiles, aviation, and marine sectors.

The extensive number of ongoing research and development activities in the textile industry has helped coated fabrics market share soar to new heights. A relevant instance for the same can be provided by the product’s current heightened use in the medical sector. Recently, Johns Manville, a U.S. based firm committed towards production of premium quality of insulation, and much more, announced producing a new coated polyester spunbound non-woven fabric for medical gowns, to address the burgeoning need for disposable medical gowns in wake of the rising COVID-19 cases globally.

According to company officials, the new fabric is designed to produce Level 3 medical gowns, subject to its exceptional properties including superior liquid barrier performance and robust stitch-strength and comfort. Initiatives like these, during the given unprecedented times, have immensely led to a surge in coated fabrics market demand from the medical realm, while adding to its growth spectrum.

A coated fabric is a fabric that has been treated to make it last for a longer time span, is extremely strong, and more weather resistant. These fabrics are coated with a substance or molecule that makes its surface more impervious to damage. Coated fabrics have found myriad applications in protective clothing, transportation sector, and furniture.

Expanding automotive sector to produce a demand surge for coated fabrics

Dynamically rising vehicle sales in various economies of the world are likely to augment the popularity of coated fabrics market size in the automotive sector. In fact, according to the OICA statistics, the total vehicle sales recorded a worth of more than 190 million in 2019.

Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/764

What has been driving the coated fabrics market expansion across the automotive sector is the product’s growing demand from OEMs to manufacture motor vehicle upholstery, spare tire covers, air bags, headlines, convertible tops, and heavy-truck covers. Besides, consistent efforts inclined towards improving the aesthetic appeal of seat cover designs are also likely to produce a demand spurt for these fabrics.

Above that, governmental intervention addressing the safety concerns of factory workers employed in the production of these fabrics would also boost the market dynamics over the foreseeable time frame.
Table of Contents (ToC) of the report:

Chapter 7 Company Profiles

7.1. Saint-Gobain S.A.
7.1.1. Business Overview
7.1.2. Financial Data
7.1.3. Product Landscape
7.1.4. Strategic Outlook

7.2. Omnova Solutions
7.2.1. Business Overview
7.2.2. Financial Data
7.2.3. Product Landscape
7.2.4. Strategic Outlook

7.3. Spradling International Inc
7.3.1. Business Overview
7.3.2. Financial Data
7.3.3. Product Landscape
7.3.4. Strategic Outlook

7.4. Trelleborg AB
7.4.1. Business Overview
7.4.2. Financial Data
7.4.3. Product Landscape
7.4.4. Strategic Outlook

7.5. Takata Corporation
7.5.1. Business Overview
7.5.2. Financial Data
7.5.3. Product Landscape
7.5.4. Strategic Outlook

7.6. Bo-Tex Sales Co
7.6.1. Business Overview
7.6.2. Financial Data
7.6.3. Product Landscape
7.6.4. Strategic Outlook
Continue...

Will a novel approach of sustainable superhydrophobic coating for vivid fabrics really enhance the coated fabrics industry outlook?

Lately, self-cleaning and healing fabrics have gathered immense traction worldwide for their enhanced functionality and extraordinary self-cleaning ability against contaminations. A self-cleaning fabric generally possesses superhydrophobic surface which are majorly created by the use of carbon or inorganic nanoparticles or fluorinated compounds that may induce adverse health effects for the human as well as the environment. In this regard, chemists have laid their focus on developing a sustainable superhydrophobic coating for fabrics which has been made by cellulose nanofiber.

As per reports, cellulose nanofibers act as a raw material in the production of self -healing and cleaning fabrics, which when applied on different fabrics enabled them to become superhydrophobic with WCA of 152 to 156 degrees. Moreover, it also allows coated fabrics to quickly restore the self-healing property upon heating.

Request for customization @ https://www.gminsights.com/roc/764

Potential challenges for the coated fabrics industry

Although the coated fabrics market is poised to garner significant proceeds in the upcoming years, it is also likely to face sheer competition from alternative materials such as leather, plastics, and uncoated fabrics, which might hinder the growth prospects of the market in the due course of time. Also, alarming concerns raised subject to the product’s toxic residue while manufacturing also pose as a threat to the market expansion.

However, development of novel materials used in the production of these, would pave way for the industry to witness brighter growth opportunities over the mentioned time span.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Contact Person: Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

This release was published on openPR.