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.
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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