TMRR in its latest research report states that the global market size of Coated Fabrics market was $XX million in 2018 with XX CAGR from 2014 to 2018, and is expected to reach $XX million by the end of 2029 with a CAGR of XX% from 2019 to 2029.
Global Coated Fabrics Market Report 2019 – Market Size, Share, Price, Trend and Forecast is an intuitive and exhaustive study on the current and future prospects of the global Coated Fabrics industry. The key insights are elucidated as under:
- The report postulates key numbers on the market status of the Coated Fabrics market manufacturers and is a reliable and valuable source of market intelligence for companies and individuals interested in the industry.
- The report provides an intrinsic overview of the industry including its market definition, market overview and market executive summary.
- The report depicts an in-depth analysis on the company profiles, product specifications, capacity, production value, of leading stakeholders in the Coated Fabrics market
- The Coated Fabrics market is further scrutinized through the SWOT analysis of key players for the competitive landscape analysis.
- The report also brings forth important trends in the Coated Fabrics market that are changing the dynamics of the market.
- A detailed scrutiny of upstream raw materials, downstream demand, and current market dynamics of Coated Fabrics market helps stakeholders take strategic decisions
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There are 4 key segments covered in this report: machine segment, product type segment, end use segment and regional segment.
Competitive landscape of Coated Fabrics market has tier 1, tier 2 and tier 3 players and provides a dashboard view of their strategies and intensity mapping.
Apart from being utterly useful for the thriving automotive industry, coated fabrics are also used to make protective clothing for labors, which extends the horizon of its demand into several other flourishing industries. Strict government regulations such as European Union’s Directive 89/686/EEC and Australia's Model Work Health and Safety Act are urging industries towards industrial protective clothing adoption. Food and beverage, chemical processing, agriculture, and law enforcement are some of the most prominent end-use industries for coated fabrics, after automotive. Conversely, this industry is facing stiff challenge from alternative materials including leather, plastic, uncoated fabrics, and rubber sheeting, which will hinder the growth rate to a certain extend during the forecast period.
In terms of products, the global coated fabrics market can be segmented into polymer, rubber, and fabric-backed wall coverings. Out of these, polymer coated fabrics serve maximum demand as it is relatively inexpensive as compared to other fabrics and offer desirable resistance to water, abrasion, and fire. As the regulations for safety spreads into several other emerging economies, the global polymer coated fabrics market is expected to flourish.
Global Coated Fabrics Market: Market Potential
With technological advancements, the application of coated fabrics now extends to defense, marine, and aviation industries. Herein, coated fabrics are now extensively used for their attributes of barrier protection, air retention, abrasion resistance, and high strength to weight ratio. This factor will open new opportunities for the players in the global coated fabrics market. Moreover, consistent research and development in the field is sure to extend the application of coated fibrics into other fields and further expand the market.
Global Coated Fabrics Market: Regional Outlook
Nearly all regions are extending the demand for coated fabrics, with Asia Pacific growing at the best rate owing to vast population and a thriving automotive industry. Prosperity of healthcare industry is also expected to positively reflect on coated fabrics market in this region, especially in the emerging economies of India, China, Malaysia, and South Korea. In Europe, with stringent industrial safety regulations in the U.K, France, and Germany, protective clothing segment is most fruitful. Since the implementation of National Fire Protection Association (NFPA), OSHA, and ASTM, similar shift in the market is seen in the region of North America too, wherein the U.S. is extending the demand for coated fibrics to produce protective clothing for firefighting and law enforcement. In gulf, construction is at an all-new peak in the countries of UAE, Kuwait, Qatar, and Saudi Arabia, which serves the primary demand for coated fabrics to be used as safety clothing for the construction workers.
Global Coated Fabrics Market: Competitive Analysis
Saint-Gobain, Omnova Solutions, Canadian General Tower, Trelleborg, and Takata Corporation are some of the leading companies currently operational in this market, which is fragmented in nature with the presence of several local players.
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For regional segment, the following regions in the Coated Fabrics market have been covered
- North America
- Asia Pacific
- Latin America
Reasons to Purchase this Report:
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- Market segmentation analysis and strategies for growth including qualitative and quantitative research incorporating the micro and macro-economic factors of the Coated Fabrics market
- Regional and country level analysis and the demand and supply factors which are influencing the growth of the market
- Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
- Competitive landscape which includes market share of leading stakeholders, along with key mergers, acquisitions and product offerings
- 1-year analyst support, along with the data support
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This post was originally published on Space Market Research