Industry Background:
The global coated fabrics market is expected to generate steady revenue over the next six years. Seating and airbag applications are anticipated to be the largest contributors toward revenue. Coated fabrics exhibits vast application owing to their features of oil, dirt, water, UV, and corrosion resistance.
According to AMA Research, the market for Coated Fabrics is expected to register a CAGR of 4.1% during the forecast period to 2028. This growth is primarily driven by Rising Demand for Automotive Upholstery, Contributing towards Market Revenue
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Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Volume Unit | N |
Value Unit | USD (Billion) |
Dominating Type | Coated Polymer |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Textiles sector in the Asia Pacific region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as OMNOVA Solutions Inc. (United States), Highland Industries (United States), Canadian General-Tower(CGT) (Canada), Saint-Gobain SA (France), Trelleborg AB (Sweden), Spradling International Inc. (United States), Uniroyal Global Engineered Products Inc. (United States), ContiTech AG (Germany), Cotting Group (France), Natroyal Group (India) and Low & Bonar Plc (United Kingdom), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Growing scope of coated fabrics in automobile space, such as airbags, is anticipated to positively drive market growth over the forecast period. The number of airbags per car is being revised to a higher number, and these airbags are prepared using coated fabrics, thereby promoting higher sales.It may be stated that the coated fabric market is an example of perfect competition. The industry has presence of many buyers and sellers, and hence price fluctuations are not routinely observed. Our report represents company profiles of over 15 players.
Regulatory Insights:
Government Involvement with Players for Proper Disposal of Waste for Environment Protection
Influencing Trend:
Rising Focus towards Protective Clothing of Industrial Workers and Coated Fabrics Gaining Image as a Low Cost Replacement for Leather Seating and Upholstery
Market Growth Drivers:
Rising Demand for Automotive Upholstery, Contributing towards Market Revenue and Growing Application of Polymer Coated Fabrics in Fields of Protective Clothing, Tents, Canopies, Etc.
Challenges:
Difficulty in Waste Disposal and Recycling
Restraints:
Environmental Issues and Availability of Substitutes
Opportunities:
Modernization of Protective Clothing and Growing Industrialization across Economically Emerging Countries
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Coated Fabrics Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Coated Fabrics Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Coated Fabrics players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Coated Fabrics Study Sheds Light on
The Coated Fabrics Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Coated Fabrics industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Coated Fabrics industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.