Polymer Coated Fabrics Market Growth Opportunities, Future Trends, Key Players To 2028

According to Precision Business Insights (PBI) latest report "Global Polymer Coated Fabrics Market by Polymer Type (Polyethylene Coated Fabrics (PE), Polyvinyl Coated Fabrics (PVC), Polyurethane Coated Fabrics (PU), Polypropylene Coated Fabrics (PP) Others [Acrylic, Nylon-6, Nylon6-6, PC, PEEK, PBT, PET] ) By Application (Protective Clothing, Automotive & Transportation, Marine, Industrial, Military, Roofing, Awnings & Canopies, Furniture & Seating, Others [Agri, Geotextiles, Medical, Sport & Leisure, Packaging]) and Geography (North America, Europe, Asia-Pacific, and Rest of the World) Forecast to 2028. Increase in the use of polymer-coated fabrics in clothing, footwear, rainwear, gloves, inflatable boats coupled with rose in demand from automotive industry for There is an extensive use of polymer-coated fabrics in the automotive industry for making fabrics for vehicle interiors and exteriors, covers, air bags, and seat belts. This is an important factor emphasizing the growth of the global market over the estimated period. Moreover, development and launch of newer products by the market players also immense boost to the market in the future.

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Polyurethane Dominates the Polymer Coated Fabrics Market
Polyurethane accounted 26.1% market share and it is expected to grow with a CAGR 5.2% from 2022-2028. Polyurethane provides transparency, flexibility, and resistance to oil, grease, and abrasion are all advantages of PU-coated textiles. They're especially useful when a high level of impact and abrasion resistance is required. Rainwear, waterproof protective gear, upholstery, luggage, footwear, gloves, waterproof mattress covers, inflatable boats, and leisure products are just a few of the uses. Phosphates and phosphonates are excellent stabilizers because they preserve both main antioxidants and polymers throughout processing. The most often employed polymer stabilizers are hydrolytically stable phosphates and phosphonates.

Asia Pacific leads Polymer Coated Fabrics Market:
Asia Pacific holds the significant share in the polymer coated fabrics market and the market is expected to grow at significant CAGR during the forecast period due to the rising automotive sector, chemical industry, manufacturing industry, and growing population. Furthermore, the market is expected to be fueled by the increasing implementation of many regulations for worker safety and the importance of protective clothing while working in harsh environments. During the projected period, rising development and innovation in polymer-coated textiles, such as shape memory polymers for smart textile applications are expected to boost APAC demand.

Strategic New Product Launches, Mergers, Acquisitions and Agreements are the key strategies adopted by market players:
Polymer Coated Fabrics market further reveals that the key players increasingly adopting strategies such as launch of newer products, frequent product approvals, and long-term alliance to improve market revenue share and gaining significant geographic presence across the region. In July 2018, Trelleborg AB acquired Laminating Coating Technologies Inc. (Lamcotec) to strengthen its position in the USA market. In March 2017, Continental AG opened a new plant for polymer coated fabrics in Changshu, China. The new center is expected to better serve Chinese customers' demands in different industries.

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Key players' profiles in the report are Continental AG, Cooley Group Holdings Inc., Graniteville Specialty Fabrics, Heytex Bramsche GmbH, Industrial Sedo S.L, Morbern, Saint-Gobain Performance Plastics (Compagnie de Saint-Gobain S.A.), SergeFerrari Group, SRF Limited, The Haartz Corporation, Trelleborg AB and Uniroyal Global Engineered Products Inc.

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