The Global Coated Fabric Market has recently been analyzed and explored by Fortune Business Insights™ in their latest market research report. The team of dedicated analysts and researchers has gone to great lengths to provide a comprehensive overview of both current and future scenarios pertaining to the Coated Fabric Market. As a result, this report is packed with valuable insights that will be highly advantageous for industry players looking to maintain a competitive edge.
The report also highlights limiting factors and regional industrial presence that may impact market growth trends beyond the forecast period of 2032. The market research aims to gain a complete understanding of the industry's potential and provide information that will help companies to make informed decisions. The Coated Fabric Market Report is an impressive 100+ page document that includes a comprehensive table of contents, a list of figures, tables and graphs, as well as a comprehensive analysis.
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Forecast Growth Projected:
According to Fortune Business Insights the global coated fabric market was valued at USD 34.89 billion in 2018 and is expected to grow to USD 49.41 billion by 2026, registering a CAGR of 4.5% during the forecast period. Growth in automotive, industrial, and protective clothing applications is expected to drive market demand, along with advances in material technologies and stricter safety regulations across industries.
Coated Fabric Market Segmentation Analysis:
By Product:
The market is divided into polymer coated fabric, rubber coated fabric, and fabric-backed wall coverings. In 2018, polymer coated fabric held the largest share due to its high demand in automotive protective clothing. These fabrics are coated with polymers like PVC, PU, and polyethylene. PU-coated fabrics are popular for items such as rainwear, gloves, footwear, airbags, and mattress covers due to their durability, flexibility, and resistance to oil and abrasion.
By Application:
The transportation segment held the largest market share and is expected to maintain its lead. Coated fabrics are widely used in vehicles for seats, seat belts, airbags, and interiors. Growing vehicle sales and strict safety regulations are driving demand, especially in commercial and passenger vehicles.
List of the Key Players in the Coated Fabric Market:
- SRF Limited
- J K Texbond Pvt. Ltd.
- Ajy Tech India Pvt. Ltd
- B&V Membrane
- Fothergill Group
- Saint-Gobain Performance Plastics
- Low & Bonar
- Sioen Industries NV
- MarvelVinyls
- Trelleborg
- Bobet Group
- CANADIAN GENERAL TOWER
- Other Key Players
Competitors Landscape:
The realm of Coated Fabric Market is rife with cutthroat competition and fragmentation, a result of the considerable presence of both global conglomerates and domestic contenders. Industry insiders situated in diverse geographical regions are formulating and executing effective strategies to exploit unexplored opportunities and extend their business outreach. In this highly aggressive environment, prominent players are aggressively pursuing tactics to enhance their market share through various channels.
Market Drivers and Restraints:
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Rising demand from the automotive sector for durable and high-performance materials.
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Growing need for protective clothing in industrial and healthcare sectors.
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Technological advancements in digital printing and coating techniques.
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Fluctuating raw material prices (e.g., PVC, PU, rubber).
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Environmental concerns over synthetic polymer usage.
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Limited biodegradability and recycling challenges.
Key Industry Developments:
- April 2021 – TechStyles, a division of the South Carolina-based AFF Group, launched a new range of products aimed at addressing key industry challenges such as extended lead times, rising costs, limited product availability, inconsistent quality, and high minimum order requirements. The company aims to bring innovation and transformation to the coated fabrics industry.
- March 2021 – AFF TechStyles, based in Spartanburg, introduced TechArt, a digitally printed coated fabric. This product expands the TechStyles portfolio, offering textiles with both pre-designed patterns and customizable image options.
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