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Wednesday, August 29, 2018

Coated Fabrics Market Global Strategy Analysis, Distributors/Traders, Major Players and Demand by 2023

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The global coated fabrics market is showcasing positive growth on the back of increasing demand from transportation, roofing, awnings and canopies, industrial, protective clothing, furniture and seating industries. Coated fabrics find their application in the transportation industry, due to its distinctive characteristics, such as water resistance, rot-proof, UV resistance, mildew resistance, and dirt and oil repellence.

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The global coated fabrics market for polymer is expected to witness positive growth during the forecast period (2016-2022), due to growing demand for protective clothing, increasing safety concerns, application in transportation and industrial sectors, and stringent government regulations requiring the provision of safety to workers.

The global coated fabrics market has been categorized on the basis of product, application, and region. On the basis of product, the market has been segmented into rubber coated fabrics, polymer coated fabrics and fabric-backed wall coverings.

On the basis of application, the market has been segmented into transportation, protective clothing, industrial, roofing, awnings and canopies, and furniture and seating. Transportation segment is expected to be the fastest growing application in the global coated fabrics market, on account of growing usage of polymer and rubber coated fabrics in automobile, aircraft, railways, and marine industries.

Coated Fabrics Market

Geographically, the Asia-Pacific market is expected to report the fastest growth for coated fabrics during the forecast period due to high economic growth, growing industrialization, and increased investment in various industries, including chemical, infrastructure, automotive, oil and gas, military and steel industry.

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The key players operating in the global coated fabrics market are Trelleborg AB, Serge Ferrari Group, Saint-Gobain S.A., Sioen Industries NV, OMNOVA Solutions Inc., Continental AG, Takata Corporation, Low & Bonar PLC, Heytex Bramsche GmbH, Dickson-Constant, Seaman Corporation, and Spradling International, Inc.

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