Coated Fabrics Market: Recent Industry Trends and Projected Industry Growth, 2017 – 2025

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The Coated Fabrics market intelligence report from TMRR is a valuable tool that enables vendors to identify growth avenues, and strategize for launch of products and services. These findings help businesses pave way in a crowded business landscape, and make way into the future with confidence. The Coated Fabrics market report depicts the current & future growth trends of this business and outlines geographies that are a part of the regional landscape of the market. 

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The Coated Fabrics market report analyzes the historical data from 2014-2019 as well as the present performance of the market and forecast 2019-2024 to make predictions on the future status of the market on the basis of analysis. The report further illuminates details regarding the supply and demand analysis, market share, growth statistics and contributions by leading industry players. While citing a brief analysis of the Coated Fabrics market, this study report has presented the current scenario of this business space along with a specialized concentration on the industry.

About The Coated Fabrics Market:

The market research report on Coated Fabrics also offers valuable insights into key business strategies employed by established players, along with impact of these strategies on future business landscape.

The intelligent research study contains numerical data related to services and products. In addition, the report presents a detailed outline of the marketplace and alongside the numerous developments prevailing across the industry. The Coated Fabrics market can be divided based on product types and their sub-type, key applications, and major regions. The research study will give the answer to questions about the present performance of the Coated Fabrics market and the competitive scope, opportunity, challenges, cost and more.

Key Trends

Apart from being utterly useful for the thriving automotive industry, coated fabrics are also used to make protective clothing for labors, which extends the horizon of its demand into several other flourishing industries. Strict government regulations such as European Union’s Directive 89/686/EEC and Australia's Model Work Health and Safety Act are urging industries towards industrial protective clothing adoption. Food and beverage, chemical processing, agriculture, and law enforcement are some of the most prominent end-use industries for coated fabrics, after automotive. Conversely, this industry is facing stiff challenge from alternative materials including leather, plastic, uncoated fabrics, and rubber sheeting, which will hinder the growth rate to a certain extend during the forecast period.

In terms of products, the global coated fabrics market can be segmented into polymer, rubber, and fabric-backed wall coverings. Out of these, polymer coated fabrics serve maximum demand as it is relatively inexpensive as compared to other fabrics and offer desirable resistance to water, abrasion, and fire. As the regulations for safety spreads into several other emerging economies, the global polymer coated fabrics market is expected to flourish.

Global Coated Fabrics Market: Market Potential

With technological advancements, the application of coated fabrics now extends to defense, marine, and aviation industries. Herein, coated fabrics are now extensively used for their attributes of barrier protection, air retention, abrasion resistance, and high strength to weight ratio. This factor will open new opportunities for the players in the global coated fabrics market. Moreover, consistent research and development in the field is sure to extend the application of coated fibrics into other fields and further expand the market.

Global Coated Fabrics Market: Regional Outlook

Nearly all regions are extending the demand for coated fabrics, with Asia Pacific growing at the best rate owing to vast population and a thriving automotive industry. Prosperity of healthcare industry is also expected to positively reflect on coated fabrics market in this region, especially in the emerging economies of India, China, Malaysia, and South Korea. In Europe, with stringent industrial safety regulations in the U.K, France, and Germany, protective clothing segment is most fruitful. Since the implementation of National Fire Protection Association (NFPA), OSHA, and ASTM, similar shift in the market is seen in the region of North America too, wherein the U.S. is extending the demand for coated fibrics to produce protective clothing for firefighting and law enforcement. In gulf, construction is at an all-new peak in the countries of UAE, Kuwait, Qatar, and Saudi Arabia, which serves the primary demand for coated fabrics to be used as safety clothing for the construction workers.

Global Coated Fabrics Market: Competitive Analysis

Saint-Gobain, Omnova Solutions, Canadian General Tower, Trelleborg, and Takata Corporation are some of the leading companies currently operational in this market, which is fragmented in nature with the presence of several local players.

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The regional analysis covers in the Coated Fabrics Market Report: 

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa) 

Key Questions Answered in the Coated Fabrics Market Report 

  1. How much will be overall revenue generation in the Coated Fabrics market by the end of the forecast period?
  2. Which product segment is likely to gather maximum share by the end of the forecast period?
  3. Which region is likely to hold maximum revenue share by the end of the forecast period?
  4. What are winning strategies adopted by key stakeholders in the Coated Fabrics market to consolidate their position?
  5. What are key developments witnessed in the Coated Fabrics market? 

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Moreover, the research study clarifies the estimates of the market chain with respect to substantial parameters like the Coated Fabrics market chain structure alongside details related to the downstream industry. The report contains a detailed synopsis of this business space in accordance with the macroeconomic environment analysis as well as macroeconomic environment development trends globally.

This post was originally published on Analytics News