New York, According to a new market research report published by Global Insight Services “Coated Fabrics Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Coated fabrics are materials that have been treated with a coating to make them more durable and resistant to water, stains, and other damage. The coating can be applied to various types of fabrics, including natural fibers such as cotton and wool, as well as synthetic fibers such as polyester and nylon. The type of coating used will vary depending on the intended use of the fabric. For example, a fabric that will be used outdoors will need a different type of coating than a fabric that will be used indoors. Coated fabrics are used in a variety of applications, including upholstery, outdoor furniture, awnings, and more.
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Key Trends
There are several key trends in coated fabrics technology that are worth mentioning.
Firstly, there is a trend towards lighter weight and more breathable fabrics. This is in response to the needs of athletes and others who require fabrics that can keep them cool and comfortable during strenuous activity.
Secondly, there is a trend towards more durable fabrics. This is in response to the needs of consumers who require fabrics that can withstand heavy use and repeated washing.
Thirdly, there is a trend towards more environmentally friendly fabrics. This is in response to the needs of consumers who are concerned about the impact of the textile industry on the environment.
Finally, there is a trend towards more stylish and fashionable fabrics. This is in response to the needs of consumers who want their clothing to make a statement about their personal style.
Key Drivers
The key drivers of the coated fabrics market include the growing demand from the automotive and construction industries, the increasing use of coated fabrics in the furniture and bedding industries, and the growing demand for coated fabrics from the military and defense sectors.
The automotive industry is the largest end-user of coated fabrics, accounting for more than 30% of the total demand. The construction industry is the second-largest end-user, accounting for more than 20% of the total demand.
Market Segments
The Coated Fabrics Market is segmented by product, application, and region. By product, the market is divided into polymer, rubber, and fabric-backed wall coverings. Based on application, it is bifurcated into transportation, protective clothing, industrial, awnings, roofing & canopies, furniture & seating, and others. Region-wise, the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.
Key Players
The Coated Fabrics Market includes players such as Continental AG, Spradling International Inc., Seaman Corporation, Saint-Gobain SA, Trelleborg AB, Sioen Industries NV, Serge Ferrari Group, Low & Bonar Plc, Heytex Bramsche GmbH, and OMNOVO Solutions Inc.
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Reasons to buy Coated Fabrics Market Report:
• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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