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 2025; Top Key Players OMNOVA Solutions Inc., ContiTech AG, Mauritzon, Inc., Saint-Gobain S.A., Canadian General Tower
Dallas, United States - January 23, 2019 /MarketersMedia/ —
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. 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.
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The increasing demand for textile coatings has led to rapid developments in textile coatings market over the years. The constant development of the coating techniques has led to the latest achievements, which have led to the formation of nanoporous polymer layers on textile substrates that make the textile fabrics water-resistant. Fabrics coated with millions of silicone filaments of nanometer length never allow them to be wet. The progress in photovoltaic textile coatings has become a new era in flexible textiles for electronic and energy harvesting. The use of these products is growing as they are entering the consumer market rapidly. The global market has seen significant progress in the chemical analysis of coatings in recent years. Much of the technical inspiration behind the development of fabrics stems from the characteristics of modern gadgets, some of which include water and stain repellent, anti-growth characteristics, wind resistant characteristics, and anti-dust characteristics. These factors have positively contributed to the growth of textile coatings market.
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.
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in Europe, governed by the Directive 89/686/EEC, personal protective equipment (PPE) is designed to ensure that it complies with common standards of quality and safety by laying down basic safety requirements for personal protective equipment. In the U.S., the Environmental Protection Agency (EPA) classifies protective clothing based on the protection level from the highest to the normal protection. Increasing concerns about the safety of workers in industries have led to the growth in coated fabrics market size and the trend is likely to continue in the next five years.
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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Key segments of the Global Coated Fabrics market
Product Overview, 2015-2025 (Million Square Meters) (USD Million)
• Polymer
• Rubber
• Fabric backed wall coverings
Application Overview, 2015-2025 (Million Square Meters) (USD Million)
• Transportation
• Protective Clothing
• Industrial
• Furniture
• Others
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