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PVC Coated Fabrics Market To Reach Valuation Of US$ 7 Bn By 2031

12-07-2021 03:38 PM CET | Industry, Real Estate & Construction

Press release from: Transparency Market Research

Albany, NY - PVC Coated Fabrics Market: Introduction

Transparency Market Research delivers key insights on the global PVC coated fabrics market. In terms of revenue, the global PVC coated fabrics market is estimated to expand at a CAGR of ~4% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global PVC coated fabrics market.

The global PVC coated fabrics market is broadly affected by several factors, including the usage of PVC coated fabrics in the transportation sector. Thus, increase in applications of PVC coated fabrics in transportation is propelling the global PVC coated fabrics market.

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PVC Coated Fabrics Market: Dynamics

PVC coated fiberglass fabric is coated with polyvinyl chloride. It is made from fiberglass as a base cloth. Fiberglass cloth is a strong and durable woven textile, which is used for industrial and non-industrial applications. Fiberglass is a material that consists of numerous extremely fine fibers of glass. These fiberglass materials are then coated with one or both sides with compounded polyvinyl chloride. PVC coated fiberglass fabrics possess high tear resistance strength, high temperature insulation ozone, fireproof nature, and good resistance against abrasion, oil and cuts, and water. PVC coated fiberglass fabrics can be used in welding protection covering fabrics, heat protection cushions in motor vehicle industry, heat protection quilts, and foundry splash protection. PVC coated fiberglass fabrics are used in various industries such as marine, chemical, aerospace, power plant, automotive, construction, piping, and sealing.

PVC coated carbon fiber fabrics are generally carbon fiber fabrics that are coated with polyvinyl chloride from single side or both sides. Carbon fiber consists of carbon atoms, which are bonded together to form a long chain. These carbon fiber fabrics are extremely strong and light. The properties of PVC coated carbon fiber fabric are close to steel and weight is close to that of plastic. These fabrics are corrosion resistant, temperature resistant, and possess high strength. PVC coated carbon fiber fabric is largely used in specialized and high-performance applications such as aircraft, automotive, and sporting equipment.

PVC coated polyester is 100% polyester that is coated with smooth polyvinyl chloride on single side or both sides according to the requirement. It can be used for various applications such as luggage bags, and protective coverings and cases. PVC coated polyester fabric is waterproof and does not fray, rip, or tear. This makes PVC coated polyester fabric strong and durable for all types of applications. PVC coated polyester fabric is used for various applications such as transportation, construction, athletics, food service, and restaurants. In the transportation industry, PVC coated polyester fabric is used for truck tarps, covers, and side walls. In construction, it can be used in oil booms, tarps, and commercial sewing. In the amusement industry, PVC coated fabrics can be used in tents, pool covers, inflatables, and boat covers. In the athletics industry, it can be used in the manufacture of gym and athletic mats, wall padding, roll up doors, etc. In service and restaurant industries, PVC coated polyester fabric can be used in table covers and curtains.

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PVC Coated Fabrics Market: Prominent Regions

In terms of value, the PVC coated fabrics market in Asia Pacific is expected to expand at a rapid pace during the forecast period, owing to rapid industrialization, increase in transportation, and growth of the population in the region. Emerging countries in the region, such as China, India, and Japan, are contributing significantly to the PVC coated fabrics market, owing to the improvement in standard of living, rise in adoption of western culture, increase in affordability, and growth of the population.

North America is a major contributor to the global PVC coated fabrics market. Rise in technological advancements and use of PVC coated fabrics in new technological developments such as building and construction are estimated to boost the PVC coated fabrics market in the region during the forecast period.

Europe also accounts for key share of the global PVC coated fabrics market. Market share of Europe is expected to decrease during the forecasted period, as PVC has been termed harmful by The European Chemical Agency.

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PVC Coated Fabrics Market: Key Players

The global PVC coated fabrics market is fragmented with the presence of a large number of players. Key players operating in the global PVC coated fabrics market are Continental AG, IVK Europe, SRF Limited, Sioen Industries, RMB Coated Fabric Private Limited, Cotting Group, Lightweight Manufacturing Inc., Skylon Asia Pvt. Ltd., Seaman Corporation, New Arts Structures Pvt. Ltd., and Spradling International Inc.

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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

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