Polymer Coated Fabrics Global Market Report 2024: Key Players, Demand Patterns And Forecasts 2033 | CRRC Corporation Limited, Alstom SA, Siemens AG, Wabtec Corporation, Hyundai Rotem Company

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2590

The Business Research Company offers in-depth market insights through Polymer Coated Fabrics Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The polymer coated fabrics market size has grown strongly in recent years. It will grow from $21.54 billion in 2023 to $22.79 billion in 2024 at a compound annual growth rate (CAGR) of 5.8%. The growth in the historic period can be attributed to industrial applications, demand in automotive sector, outdoor and recreational equipment, architectural applications, medical and healthcare sector, consumer goods..

The polymer coated fabrics market size is expected to see strong growth in the next few years. It will grow to $28.7 billion in 2028 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to sustainability trends, technological advancements, rise in healthcare infrastructure, e-commerce growth, urbanization and infrastructure development, resilience in outdoor and sports industry.. Major trends in the forecast period include customization for design and aesthetics, integration of smart textiles, application in medical and healthcare textiles, strategic partnerships.

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Market Segmentation:
The polymer coated fabrics market covered in this report is segmented -

1) By Product: Vinyl Coated Fabrics, PU Coated Fabrics, PE Coated Fabrics, Other Products
2) By Material Type: Knitted, Woven, Non-Woven
3) By Application: Transportation, Protective Clothing, Roofing, Awnings and Canopies, Furniture and Seating, Others Applications
4) By End Use Industries: Automobile, Aerospace, Marine, Chemical Processing, Military, Other End Use Industries

Major Driver - Rapid Urbanization Driving Growth Of Polymer-Coated Fabrics Market
Rapid urbanization is driving the growth of the polymer-coated fabrics market going forward. Urbanization refers to the concentration of human populations into discrete areas, and the land being transformed for residential, commercial, industrial, and transportation purposes. Due to increased urbanization, polymer-coated fabrics are widely used in the residential and commercial sectors to make carpets, airbags, geotextiles, industrial fabrics, architecture, defense, transportation, space, healthcare, sports, mats, bedding products, curtains, and a variety of upholstery products. For instance, according to the data published in September 2021 by the United Nations Department of Economic and Social Affairs, a US-based department of the United Nations Secretariat responsible for promoting international economic and social cooperation and development, globally, 4.46 billion people will reside in urban areas in 2021. By 2050, this number will increase to 6.68 billion, with 2.22 billion more people living in urban areas. Therefore, rapid urbanization is expected to propel the growth of the polymer-coated fabrics market over the coming years.

Competitive Landscape:
Major companies operating in the polymer coated fabrics market report are CRRC Corporation Limited, Alstom SA, Siemens AG, Wabtec Corporation, Hyundai Rotem Company, Bombardier Inc., Stadler Rail AG, Hitachi Ltd., Ballard Power Systems Inc., Construcciones y Auxiliar de Ferrocarriles SA, Rolls-Royce Holdings plc, The Kinki Sharyo Co. Ltd., Toshiba Infrastructure Systems & Solutions Corporation, Vivarail Ltd., Thales Group, Kawasaki Heavy Industries Ltd., Cummins Inc., ABB Ltd., General Electric Company, Caterpillar Inc., Voith GmbH & Co. KGaA, Mitsubishi Heavy Industries Ltd., Vossloh AG, Škoda Transportation AS, Newag S.A., PESA Bydgoszcz S.A., Stäubli Electrical Connectors AG, Prodrive Technologies B.V., TMH International AG, ZF Friedrichshafen AG, Faiveley Transport S.A., Knorr-Bremse AG, Akiem Group S.A., Talgo S.A.

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Top Trend - Technological Advancements In Polymer-Coated Fabrics Market
Technological advancement is a key trend gaining popularity in the polymer-coated fabrics market. Major market players are developing advanced technologies to sustain their position in the polymer-coated fabrics market. For instance, in March 2022, Rivertex Technical Fabrics Group, a Netherlands-based supplier of coated textiles and unsupported films launched Rivercyclon, a non-toxic, recyclable, lightweight, and cost-effective alternative to PVC-coated fabrics. It is entirely recyclable and made of a single polymer that doesn't include any plasticizers or other pollutants. In comparison to PVC-coated options, Rivercyclon is up to 40% lighter. Additionally, Rivercyclon has strong UV resistance and excellent welding strength. According to the company's press release, Rivercyclon is economically priced and is offered in widths up to 320 cm.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Polymer Coated Fabrics Market Characteristics
3. Polymer Coated Fabrics Market Trends And Strategies
4. Polymer Coated Fabrics Market - Macro Economic Scenario
5. Polymer Coated Fabrics Market Size And Growth
…..
27. Polymer Coated Fabrics Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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