Press release
Global Rubber Coated Fabrics Market: Industry Size, Share, Growth, Forecasts
Global Rubber Coated Fabrics Market: Overview
The global rubber coated fabrics market is envisioned to draw a rising growth in the next few years in view of the prospering success of the transportation and automotive industries. Since its restoration after the financial meltdown in 2008, the automotive sector is expanding at a telling rate. Transportation could be a faster growing application of rubber coated fabrics. They could find an extensive usage in marine, railway, aircraft, and automobile applications. Since safety is a critical consideration of automobile manufacturers, rubber coated fabrics could be demanded for a broad scope of automotive uses, including interior and exterior.
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Global Rubber Coated Fabrics Market: Dynamics
The world rubber coated fabrics market is prognosticated to be advantaged by the growing count of end-use industries and the increasing demand therein. Awnings and canopies, roofing, furniture and seating, industrial, protective clothing, and transportation could be some of the chief end users of rubber coated fabrics. Rubber coated fabrics could find various applications due to their multitudinous advantages such as improved elasticity, high tensile strength, waterproof and fireproof finish, and easy cleaning support. Moreover, such fabrics could rake in a significant demand in the coming years owing to their anti-fungus, anti-bacterial, and anti-static characteristics.
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The report presented herewith is considered to be a complete representation of the world rubber coated fabrics market with all vital statistics and trends brought to light. Readers are expected to gain a sound understanding of the future circumstances of the market and how to deal with growth deterrents.
Global Rubber Coated Fabrics Market: Segmentation
As analyzed by experienced researchers, the international rubber coated fabrics market is anticipated to be segregated into transfer coating, direct coating, and solidification coating as per type of coating. Amongst these segments, transfer coating rubber coated fabrics could clutch a lion’s share of 38.9% in the market by 2022 end. Transfer coating is predicted to register an absolute growth of US$28.6 mn annually, which could be greater than any other segment in the category.
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According to material type, the international rubber coated fabrics market is expected to testify the presence of two major segments, viz. natural and synthetic.
As per the classification by application, there could be several international markets existing for rubber coated fabrics such as industrial, defense and public safety, construction, aerospace, and automotive.
On the geographical front, the international rubber coated fabrics market is envisaged to witness the rise of Asia Pacific except Japan (APEJ) as a region with larger revenue. APEJ could gain 44 BPS in its share by the end of 2022. The researchers also identify other markets such as North America, Latin America, Europe, Japan, and the Middle East and Africa (MEA) to be important for the growth of rubber coated fabrics.
Global Rubber Coated Fabrics Market: Competition
In the report, superior market players, viz. Montaplast GmbH, Trelleborg AB, Packing Private Limited, Ravasco Transmission, Zenith Industrial Rubber Products Ltd., ContiTech AG, White Cross Rubber Products Ltd., Longwood Elastomers SA, Fabri Cote, Colmant Coated Fabrics, and Takata Corporation, are comprehensively profiled.
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