31 January 2019, Global Coated Fabrics Market size forecast is estimated at USD 22.57 billion by 2020; as per a new research report by HexaResearch, Inc. Increasing production of seat covers & airbags for automobile applications is likely to favor market growth. Strong demand for protective clothing applications across end-use industries such as military, medical, chemical processing and agriculture should drive industry revenue. Increase in infrastructure investments is likely to surge the demand for canopies, awnings and wall coverings.

Favorable government regulations for safety applications in end-use industries are likely to drive the demand. Stringent regulatory norms by CPSIA and EPA owing to environmental concerns against VOCs release may challenge industry growth.

Polymer based coated fabrics products dominated the overall demand and accounted for over 85% of the market share in 2013. They are relatively available at lower costs and are widely preferred used in residential & automotive applications. Fabric backed wall covering products are likely to witness highest gains with an estimated CAGR of 4.2% from 2014 to 2020.

Browse Details of Report @ https://www.hexaresearch.com/research-report/coated-fabrics-industry/

Key report insights suggest:

• Global coated fabrics market was estimated 3,400.2 million square meters in 2013 and may register 4,400.0 million square meters by 2020 growing with an estimated CAGR of 3.8% from 2014 to 2020.
• Transportation application witnessed the highest demand and accounted for 34.8% of market share in 2013. Government initiative for safety norms for automobile applications coupled with increasing infrastructure developments for metros and railways are expected to drive demand for transportation applications. Furniture applications are anticipated to witness highest gains at an estimated CAGR of 5.6% from 2014 to 2020.
• Asia Pacific dominated the regional demand and accounted for 50% of the total share in 2013 and is expected witness highest growth rate over the forecast period. Rapid industrialization coupled with increase in automobile production particularly in China, India, Indonesia and Thailand is likely to surge coated fabrics demand.
• Europe coated fabrics market is likely to grow moderately at 3.2% from 2014 to 2020. Polymer coated fabrics in Europe accounted for a major share of 87.0% in 2013 and are expected to witness steady gains over the forecast period.
• Coated fabrics industry is not too consolidated with top six industry participants constituting around 26% of the market share. Key companies involved in this market are Omnova, Takata Corporation, Saint Gobain, Trelleborg AB, Spradling International, Bo-Tex Sales, ContiTech AG and Mauritzon Inc.

For the purpose of this study, HexaResearch has segmented the coated fabrics market on the basis of product, application and region:

Global Coated Fabrics Product Overview (Volume, Million Square Meters; Revenue, USD Million, 2012 – 2020)

• Polymer coated fabrics
• Rubber coated fabrics
• Fabrics backed wall coverings

Global Coated Fabrics Application Overview (Volume, Million Square Meters; Revenue, USD Million, 2012 – 2020)

• Transportation
• Protective clothing
• Industrial
• Furniture
• Others

Global Coated Fabrics Product Overview (Volume, Million Square Meters; Revenue, USD Million, 2012 – 2020)

• North America
• Europe
• Asia Pacific
• RoW

Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/specialty-ceramic-glass-and-fiber-industry

The study titled, “Global Coated Fabrics Market Size 2017 By Product (Rubber, Fabric Backed Wall Covering, and Polymer), By Application (Protective Clothing, Transportation, Industrial, Furniture, and Others), and By Region and Forecast 2018 to 2025”. The global coated fabrics market report features a separate analysis of prevailing trends in the market including drivers, restraints and lucrative opportunities that are expected drive the market growth during the forecast period. Additional tools such as Porter’s five forces analysis, PESTEL analysis, and value chain analysis are included to give a holistic market view. Coated fabrics market size has also been estimated keeping in mind the current trends prevailing in the textile coatings market. The market revenue forecast is provided up to 2025, with 2015 to 2017 being the historical figures and a forecast period from 2018 to 2025. Additionally, the report includes coated fabrics market trends pertaining to different regions. For instance, the U.S. coated fabrics market is witnessing expansion on account of rapid infrastructure development.

The global coated fabrics market size is projected to reach a valuation of USD 29.52 billion by 2025, driven by the increased demand from end-use applications. Coated fabrics are an excellent choice for applications that require greater durability and resistance to certain specified elements with new and more efficient fabric treatments in their development.

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Based on product type, rubber coated fabrics segment is expected to account for a volume of more than 425 million square meters by 2025. The major applications of rubber-coated fabrics include truck covers, protective garments, aprons, gymnasium mattresses, lifeboats, boats, rainwear, storage bags, and food conveyor belts, among others. Industrialization and advancement in technology.is expected to drive the demand for rubber-coated fabrics during the forecast period.

Geographically, coated fabrics market trends differ across the regions. North America is projected to cross USD 5 billion by 2025. The U.S. coated fabrics market is likely to dominate the region during the forecast period. This growth is assisted by the rise in motor vehicle production, the largest application for coated fabrics. In addition, renewed economic growth, increased production output and a rebound in construction activity will offer opportunities for growth. Increased spending on protective clothing for military personnel and industrial machinery applications is another key driving factor behind the growth of the coated fabrics market in the region.

The nature of the global coated fabrics market is marked by the presence of a large number of established players. OMNOVA Solutions Inc., ContiTech AG, Mauritzon, Inc., Saint-Gobain S.A., Canadian General Tower, Sioen Industries NV, Graniteville, SRF Limited, Spradling International, Inc., Low & Bonar, Highland Industries are some of the key players operating in the market.

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