Press release
Coated Fabric Market Size to Boost USD 61.26 Billion By 2032 | CAGR 3.8% - Published by Emergen Research
Coated Fabric Market
The latest research report serves as a perfect example of the precise analysis of the global Coated Fabric Market. It includes the ToC, list of tables and figures, research methodology, geographic segmentation, competitive landscape, future developments, and technological innovation. Moreover, the report offers the latest coverage of the massive impact of the COVID-19 pandemic on the worldwide Coated Fabric industry.
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Drivers of the Coated Fabric Market :
Several factors are driving the growth of the Coated Fabric Market. One primary driver is the burgeoning automotive industry, where coated fabrics are utilized for manufacturing seat covers, airbags, and interior trims. With the rising demand for lightweight vehicles and stringent regulations regarding vehicle safety and emissions, the adoption of coated fabrics is witnessing a notable upswing. Furthermore, the construction sector is embracing these materials for roofing, awnings, and tents due to their weather resistance and durability, further propelling market expansion.
Restraints and Challenges
Despite its promising growth prospects, the Coated Fabric Market faces certain restraints. One significant challenge is the volatility in raw material prices, particularly polymers and resins. Fluctuations in oil prices directly impact the cost of these materials, consequently affecting the overall production cost of coated fabrics. Additionally, environmental concerns regarding the disposal of coated fabrics and the chemicals used in their manufacturing process pose challenges for market players. Addressing these sustainability issues while maintaining product quality remains a critical concern for industry stakeholders.
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The report also discusses the key players involved in the market such as:
SRF Limited, JK Texbond, BVMembranes, AJY Tech India Pvt. Ltd., MarvelVinyls, Saint-Gobain Composite Solutions, Sioen Industries NV, Bobet Group, Trellborg Group, and Fothergill Coated Fabrics Ltd.
The report provides a thorough estimation of the overall impact of the pandemic on the Coated Fabric Market and its vital segments. The report also discusses the impact of the pandemic across different regions of the market. It also offers a current and future assessment of the impact of the pandemic on the Coated Fabric Market
Coated Fabric Latest Industry News
On 23 March 2021, TechStyles, which is a division of the AFF Group based in South Carolina, announced the launch of two new products: The Foundation Collection, a high-quality vinyl upholstery fabric, and TechArt, a digitally printed coated fabric. The Foundation Collection fabric from the textile company consists of six performance lines with 168 colors and a variety of textures and styles for a wide range of uses.
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Coated Fabric Market Segment Analysis :
Emergen Research has segmented the global coated fabric market on the basis of product, application, and region:
· Product Outlook (Revenue, USD Billion; 2019-2032)
Polymer Coated Fabric
Rubber Coated Fabric
Fabric Backed Wall Coverings
· Application Outlook (Revenue, USD Billion; 2019-2032)
Protective Clothing
Transportation
Furniture
Others
· Regional Outlook (Revenue, USD Billion; 2019-2032)
North America
U.S.
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Benelux
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
UAE
South Africa
Turkey
Rest of MEA
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