The report “Coated Fabrics Market by Product Type (Polymer-coated Fabrics, Rubber-coated Fabrics and Fabric-backed Wall Coverings), Application (Transportation, Protective Clothing, Roofing, Awnings & Canopies), & Region – Global Forecast to 2028″, size was USD 23.7 billion in 2022 and is projected to reach USD 29.8 billion by 2028, at a CAGR of 3.9% from 2023 to 2028.
Browse
- 290Market data Tables
• 52 Figures
• 253 Pages and in-depth TOC on “Coated Fabrics Market – Global Forecast to 2028”
Some of the prominent key players are:
- Continental AG (Germany)
- Trelleborg AB (Sweden)
- Serge Ferrari Group (France)
- Saint-Gobain S.A. (France)
- Freudenberg Group (Germany)
Opportunities: growing development of new technologies
Coated fabrics can perform more effective, last for a longer period, and function better due to technological developments, which may increase their market value and attraction to consumers. Manufacturers are now able to create innovative products with better qualities including durability, resistance to chemicals and UV radiation, and improved aesthetics because of the development of new coating technologies and materials. Such factor can raise the demand for coated fabrics.
Polymer-coated fabrics segment is estimated to be the largest product type of the coated fabrics, in terms of value, during the forecast period.
Polymer coated fabrics, such as polyurethane (PU), polyvinyl chloride (PVC), and polyethylene (PE), have emerged as a preferred alternative in the coated fabrics market. Their popularity stems from their exceptional versatility, offering a wide range of applications across various industries. These coated fabrics are known for their impressive durability, which ensures long-lasting performance even in demanding environments. This has indicated to their dominance in the coated fabrics market.
| Asia Pacific is estimated to be the largest market for the coated fabrics market, in terms of value, during the forecast period.
Asia Pacific is projected to be the largest market for coated fabrics, driven by the high economic growth due to growing automotive & chemical industries and the rising population in region especially in India and China. There is high growth seen in protective clothing segments in this region due to increased government regulations for safety concerns in various industries such as transportation, chemical, oil & gas, construction and residential housing. This is due to growing economic conditions, rising GDP, active manufacturing sectors and healthcare sectors in emerging countries. Due to these reasons the demand for coated fabrics in Asia Pacific region is increased. |
About MarketsandMarkets™
MarketsandMarkets™ has been recently recognized as one of America’s best management consulting firms by Forbes, as per their recent report.
Founded in 2009, MarketsandMarkets recognized uncharted business potentials within disruptive trends, forecasting a surge of $25 trillion in new B2B revenues by 2030. In our 13-year journey, we’ve collaborated with over 10,000 companies, generating $140+ billion in revenue impact. From a market research publisher, we’ve transformed into a growth-enabling leader, backed by a 1500+ strong team.