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Coated Fabrics Market size, share and forecast 2019-2026 described in a new market report

Materials

The Coated Fabrics Market size was worth USD YY million in 2018 and is estimated to reach USD YY million by 2026, at a CAGR of YY% during the forecast period. By Application (Furniture & Seating, Industrial, Protective Clothing, Roofing & Canopies, Transportation, Others), By Product (Fabric-backed Wall Coverings, Rubber coated fabric, Polymer coated fabric),

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Market Overview:

A Coated Fabric is a fabric that has been treated to make them longer-lasting, stronger, and more weather resistant. Rather than interweaving a strengthening fiber directly into the fabric, these fabrics are coated with a substance that makes the fabrics’ surface more impervious to damage.

The most common coating is polyethylene, the most basic plastic compound, which has proven its durability through its use in the packing industry.

Market Dynamics:

Speed industrialization in developing nations and increasing safety actions and measures in the transportation segment are the major driving factors for the growth of the market. As industrial workers' incomes rise globally, markets for consumer goods and services of all kinds tend to expand and provide a further stimulus to industrial investment and economic growth which in turn acts as a major factor for the growth of the coated fabrics market.

The USMCA represents a demonstrative improvement for U.S.

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manufacturers of component parts such as thread, pocketing, narrow elastics, and coated fabrics.

Easy availability of substitutes and environmental issues are the restraints hampering the market growth worldwide.

Market Segmentation:

By application, the coated fabrics market is segmented into furniture & seating, industrial, protective clothing, roofing & canopies, transportation, and others. Others include awnings. Transportation is estimated to grab the major market share in the forecast period owing to the high demand for coated fabrics in truck covers, airbags, seating upholstery, and seatbelt.

Manufacturers are concentrating to launch coated fabric products in transportation along with other applications. For instance, Colmant Coated Fabrics has a long experience in polymer formulations and coated textiles specially developed for the Transport Industry.

Their coated fabrics are used for the manufacturing of train bellows, train gangway rubber joint, bus bellows, and tramway bellows. They are currently supplying coated fabrics and rubber sheets meeting the most demanding requirements like TGV French high-speed train for SNCF French National Railways Company.

Based on the product, the market is classified into fabric-backed wall coverings, rubber-coated fabric, and polymer-coated fabric. Polymer coated fabric is expected to hold the major market share in the forecast period due to widespread applications in a wide spectrum of industries, including, automotive, electronics, chemical processing, geotextile, defense, and aerospace.

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Geographical Analysis:

The Asia Pacific region is expected to dominate the coated fabrics market in 2018 and estimated to hold the largest market size over the forecast period (2019-2026). Rapid urbanization in major Asia Pacific economies like India and China is expected to drive the market for this reason.

Huge industrial growth and the rising demand from the automotive and industrial applications also expected to drive the market.

Companies in this region are manufacturing, importing and exporting coated fabrics in various applications. For instance, Taiwan Dyeing & Fabric Co., Ltd.

is an Exporter & Manufacturer for Industry & Garments fabrics. They offer a variety of PVC Coated Fabrics for outdoor & leisure items, bags, camping chairs, shoes, luggage, and backpacks applications.

Competitive Analysis:

Some of the major players include Seaman Corporation, SRF Limited, Spradling International, Inc., Omnova Solutions Inc., Endutex Coated Technical Textiles, Continental AG, Saint-Gobain S.A., Dickson Constant, Industrial Sedo S.L. and Serge Ferrari Group.

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