Coated Fabrics Market worth $29.8 billion by 2028 | Key players Continental AG, Trelleborg AB, Serge Ferrari Group, Saint-Gobain S.A., Freudenberg Group.

According to recent market research the "Coated Fabrics Market by Product Type (Polymer-coated Fabrics, Rubber-coated Fabrics and Fabric-backed Wall Coverings), Application (Transportation, Protective Clothing, Roofing, Awnings & Canopies), & Region - Global Forecast to 2028", size was USD 23.7 billion in 2022 and is projected to reach USD 29.8 billion by 2028, at a CAGR of 3.9% from 2023 to 2028. The market is projected to grow due to rapid industrialization in emerging economies and innovative product development in protective clothing. The innovations are featured to meet the vital properties of coated fabrics products for different applications. Coated fabrics can serve a range of safety benefits and there is growing demand for safety measures in automobiles, aircraft, and other types of transportation. Therefore, there is a crucial need to increase coated fabrics production to sustain the demand.

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Due to the increased demand from the healthcare industry, stringent regulations and standards, technical improvements, and increasing awareness about workplace safety. Protective clothing manufacturer prefer coated fabrics as it has advantages in terms of safety, performance, and sustainability. The technological development in the coated fabrics advances its performance, durability, and functionality. This is projected to drive the in the protective clothing application in coated fabrics market.

Polymer coated fabrics, such as polyurethane (PU), polyvinyl chloride (PVC), and polyethylene (PE), have emerged as a preferred alternative in the coated fabrics market. Their popularity stems from their exceptional versatility, offering a wide range of applications across various industries. These coated fabrics are known for their impressive durability, which ensures long-lasting performance even in demanding environments. This has indicated to their dominance in the coated fabrics market.

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Asia Pacific is projected to be the largest market for coated fabrics, driven by the high economic growth due to growing automotive & chemical industries and the rising population in region especially in India and China. There is high growth seen in protective clothing segments in this region due to increased government regulations for safety concerns in various industries such as transportation, chemical, oil & gas, construction, and residential housing. This is due to growing economic conditions, rising GDP, active manufacturing sectors and healthcare sectors in emerging countries. Due to these reasons the demand for coated fabrics in Asia Pacific region is increased.

The key players profiled in the report include Continental AG (Germany), Trelleborg AB (Sweden), Serge Ferrari Group (France), Saint-Gobain S.A. (France), and Freudenberg Group (Germany).

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Continental AG is key player in coated fabrics market, it has strong presence in European and North American region. For various transportation applications, it offers wide range of products such as polymer- and rubber- coated fabrics for transportation, furniture & seating's applications. The company's primary focus is on the innovation and production of inventive coated fabrics, and it maintains strong connections with customers worldwide. To expand its reach, the company is enhancing its long-term financial stability and diversifying its product line to include both existing and complementary offerings. In May 2019, Continental has innovated heat protective coated fabrics which is also called elastomer-coated fabrics using the innovative Condensation Control Technology (CCT). This technology regulates body temperature and make the material intact for professional and leisure divewear. It offers a high level of safety at extremes of heat and cold.

Trelleborg AB, established in 1905, is a leading manufacturer of high-performance polymer materials and innovative technical solutions. As one of the largest coated fabrics companies, it holds a significant position in the market. The company specializes polymer and rubber- coated fabrics which majorly served for industrial purposes. Through the innovation and acquisition, the company is developing innovative and creative products that meet the global needs of its customers. In November 2022, Trelleborg Engineered Coated Fabrics has innovated fabric. It comes with different combinations of stretch properties through its surface without changing the textile.

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