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Coated Fabrics Market by Product, Application and Region – Global Forecast to 2023




Jun 24, 2019



According to the new market research report Coated Fabrics Market by Product (Polymer, Rubber, Fabric-Backed Wall Coverings), Application (Transportation, Protective Clothing, Industrial, Roofing, Awnings & Canopies, Furniture & Seating), and Region – Global Forecast to 2027″, is projected to grow from USD 23.9 billion in 2018 to USD 34.1 billion by 2027.

The rising safety measures in the transportation application and the stringent regulatory requirements for workers’ safety are expected to drive the coated fabrics market, globally.

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The coated fabrics market is projected to grow from USD 23.93 billion in 2018 to USD 29.14 billion by 2023, at a CAGR of 4.0%. The market has been segmented based on product, application, and region. Based on product, the polymer-coated fabric segment is projected to register the highest CAGR, in terms of volume, between 2018 and 2023. The demand for polymer-coated fabric is very high in various applications due to its superior properties such as resistance to dirt, oil, UV, and water. Moreover, the rising demand for automotive upholstery and home furnishing is expected to drive the polymer-coated fabrics market. Some of the other applications of polymer-coated fabric are temporary tents, awnings, canopies, seat upholstery, and protective clothing.

The APAC coated fabrics market is projected to register the highest CAGR, in terms of value, between 2018 and 2023. Growth in the region is backed by massive industrial growth and rapid urbanization in key countries such as China and India. The increasing demand from the transportation, protective clothing, and industrial applications are driving the coated fabrics market in APAC.

Browse and in-depth TOC on “Coated Fabrics Market”

169 – Tables
30 – Figures
167 – Pages

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The coated fabrics market is projected to grow from USD 23.92 billion in 2018 to USD 29.14 billion by 2023, at a CAGR of 4.0%. The strategies of new product launch, expansion, acquisition, and agreement were adopted by the key players to strengthen their positions in the coated fabrics market.

The key players operating in the coated fabrics market include Continental AG (Germany), Spradling International Inc. (US), Seaman Corporation (US), Saint-Gobain SA (France), Trelleborg AB (Sweden), Sioen Industries NV (Belgium), Serge Ferrari Group (France), Low & Bonar Plc (UK), and OMNOVO Solutions Inc. (US).

Continental AG is a leading manufacturer of coated fabrics, globally. The company produces various coated fabrics mainly used in the transportation, protective clothing, and industrial applications. It has good depth and breadth in its product offering, catering to most specific requirements of its customers. The company has been focusing on the strategies of expansion and new product launch to maintain its leadership in the market. For instance, in March 2017, the company opened a new plant for coated fabrics in Changshu, China. The new center is expected to better serve Chinese customers’ demands in different industries.

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Spradling International Inc. is one of the major players in the coated fabrics market. The company through its R&D facility introduces new and innovative products to serve its customers better. For instance, in May 2016, the company launched a new product, Hi-Loft Flex, to enhance the touch and feel of coated fabrics used in various applications in the automotive industry.

Trelleborg AB is another leading manufacturer of coated fabrics. The company operates in the Americas, Europe, and Asia. It acquired Laminating Coating Technologies Inc. (Lamcotec) (US) in July 2018 as part of its strategy to strengthen its position in the US market. In February 2018, it also acquired Dartex Holdings (UK), a manufacturer of coated fabrics primarily for the healthcare & medical industry. The acquired company is also a leading manufacturer of coated fabrics for pressure injury prevention. This acquisition is expected to broaden the company’s offering in the coated fabrics market.

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