Coated Fabric Market Sales,Revenue, Trends, Competitive Landscape Study
Posted by meera on November 3rd, 2021
The research report on the Global Coated Fabric Market presents a comprehensive assessment of the market, including future trends, current factors driving the growth of the market, and validated market data. The report is updated with the current economic scenario and business landscape owing to the COVID-19 pandemic. The subsequent economic slowdown and social restrictions have impacted the key segments of the markets. The report provides an extensive analysis of the impact of COVID-19 on the current market scenario and key insights into the future outlook of the market growth. The report also discusses the market segmentation by types, applications, and key regions. Key manufacturers and companies are profiled in the report.
The global coated fabric market size is expected to reach USD 36.58 Billion in 2028 and register a revenue CAGR of 4.4% over the forecast period, according to a latest report by Reports and Data. Coated fabrics are utilized in sewn fabric dunnage to help protect parts during packaging, shipping, and assembly, which, in turn, is expected to drive market revenue growth. In addition, increasing application of coated fabrics in automotive, construction, clothing, industrial, and medical industries is also anticipated to boost growth.
Top Leaders Operating in the Market are :
Omnova Solutions, Takata Corporation, Saint-Gobain, Bo-Tex Saless Co., Graniteville Specialty Fabrics, Sioen Industries NV, Trelleborg Ab, SRF Limited, Seaman Corporation and Serge Ferrari Group among others.
The materials and chemicals industry is rapidly gaining traction in the last few years and is expected to register significant revenue growth throughout the forecast period. Raw material and chemicals are widely used across various industrial sector such as biotechnology and pharmaceutical, paper and pulp, food and beverages, agriculture, chemical and medical. Revenue growth of the global Coated Fabric market is significantly driven by factors such as increasing investments by various market players to develop and launch enhanced products, rapid urbanization and industrial developments, rising per capita income and increasing adoption of green energy. In addition, rising funds by private and public organizations for equipment and rising adoption of biodegradable products due to increasing awareness about carbon emission concerns is further boosting market growth.
Coated Fabric Market Segmentation:
Type Outlook (Volume, Million Sq. Meter; 2018-2028 and Revenue, USD Million; 2018-2028)
Polymer Coated Fabric
Rubber Coated Fabric
End-user Outlook (Volume, Million Sq. Meter; 2018-2028 and Revenue, USD Million; 2018-2028)
The report talks about the key competitors with regard to their market size, product portfolio, manufacturing and production capacity, profit margins, revenue generation, regional spread, and research and development activities. The report also discusses in detail the mergers and acquisitions, joint ventures, product launches, brand promotions, collaborations, corporate deals, and licensing agreements, and more. The report provides a comprehensive overview of the competitive landscape and regional spread.
The regional analysis offers a complete overview of the regional spread of the market along with production and consumption patterns, import/export, supply and demand dynamics, revenue contribution, trends and demands, and presence of prominent players in each region.
Regional Analysis Covers:
North America (U.S., Canada, Mexico)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Further key findings from the report suggest:
Polymer coated fabrics would dominate the market with a growth rate of CAGR 3.6% during the forecast period with more than 80% of the market share in the year 2019. This is chiefly owing to the huge application of polymer coated fabrics in the healthcare, automotive, industrial and home furnishing segments which require superior fabric strength.
Automotive sector is projected to be the leading segment among end-user with a growth rate of CAGR 3.5% followed by geotextiles segment with a growth rate of 3.7% in the forecast period. The growth in the automotive sector is due to the necessity to comply with the stringent government regulation to provide airbags in the automobile to protect the drivers and passengers from any accident.
Calendar finishing is forecasted to lead the market with a CAGR of 3.7% in the forecast period and is expected to reach USD 10.22 billion by 2027 owing to the suitability of this process in processing of rubber-based fabrics as well as manufacturing of heat sensitive polymer based fabrics. This calendar finishing process is used to provide luster and smoothness to the fabrics.
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About the Authormeera
Joined: April 2nd, 2021
Articles Posted: 232
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