Polymer Coated Fabrics Market, By Product (Polyvinyl, Polyurethane,Polyethylene), By Application(Tra

Published Date: February 2020 | Report Code : MT2058960

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Polymer Coated Fabrics Market, By Product (Polyvinyl, Polyurethane,Polyethylene), By Application(Transportation, Protective Clothing, Industrial, Awning, Roofing & Canopies, Furniture & Seating), By Region (North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, Rest of the World) – Market Size & Forecasting (2017-2028)

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Domain : Materials

Report Code : MT2058960

Status : Published February 2020

Market Dynamics:

Polymer coated fabrics market was valued at USD 23.09 Billion in 2019 and is anticipated to reach USD 37.39 Billion by 2028, at a CAGR of 5.5% during the forecast period, 2021-2028. Increasing use of polymer coated fabrics for various applications such as transportation, protective clothing, industrial, awning, roofing & canopies, furniture & seating is driving the polymer coated fabrics market. Rapid urbanization, infrastructural development and innovation in product technology are some of the factors projected to propel the demand for polymer coated fabrics market.

Polymer Coated Fabrics Market

Polymer Coated Fabrics Market Statistics (2017-2028)

Polymer-coated fabric can be described as textile materials and compounds which are individually coated with various polymers and chemical compounds. This results in having different characteristics for each textile material. These methods help to make the products resistant to tear and break, waterproof, flame-resistant and various other environmental factors related to it. Such fabrics are gaining popularity due to their water-resistant, UV-resistant, abrasion and durability properties. Due to its suitable physical properties and impermeability to dirt & oil and corrosion resistance, the product is witnessing high demand for applications such as roof protectors, awning pool covers and others. Rising industrial growth and rapid urbanization attributed to the demands for polymer coated fabrics market.

Increasing demand from the end use industry is one of the key factors for the growth of the market. Automotive industry is one of the major consumer and polymer-coated fabrics are widely used in the making of interiors, seat belts, airbags, vehicle seats, and roofing. Similarly, strict government controls on road health and safety measures are the main factors that have a positive impact on airbag deployment in the vehicle. The automotive industry is expanding due to the rising demand for passenger and commercial vehicles which will in turn fuel the growth of polymer coated fabrics market.

Key Factors Polymer Coated Fabrics Market Growth:

  • Rapid urbanization and infrastructural development
  • Polymer coated fabrics help to make the products waterproof, flame resistant and having durability properties
  • Increasing demand for end user industry and advancement in new technology

The report analyzes factors affecting polymer coated fabrics market from both demand and supply side and further analyses market dynamics affecting the market during the forecast year such as driver, restrain, opportunities and future trends. The report also provides comprehensive Porter model analysis on polymer coated fabrics market for all six regions namely; North America, Western Europe, Eastern Europe, Asia Pacific, Middle East and Rest of the world.

Product Outlook:

Polymer coated fabrics market is segmented on the basis of product into Polyvinyl, Polyurethane and Polyethylene. From these, polyurethane sub segment is expected to register lucrative growth during the forecast period. Polyurethanes have most demand from various applications such as rainwear, waterproof protective clothing, luggage, footwear, glove, waterproof mattress cover, inflatable boats, and recreational items. Transparency, elasticity, and resistance to oil, grease, and abrasion are some of properties due to which demand of polyurethane coated fabrics is increasing.

Polymer Coated Fabrics Market

Polymer Coated Fabrics Market By Segmentation (2017-2028)

Application Outlook:

Polymer coated fabrics market based on the application can be divided into transportation, protective clothing, industrial, awning, roofing & canopies, and furniture & seating. The automotive industry expected to hold the largest market share due to the wide use of these fabrics in the making of interiors, seat belts, airbags, vehicle seats, and roofing of vehicles. Similarly, the automotive industry is expanding due to the rising demand for passenger and commercial vehicles are a promising factor to fuel the growth of polymer coated fabrics market.

Regional Outlook:

Polymer coated fabrics market is divided into six regions namely; North America, Western Europe, Eastern Europe, Asia Pacific, Middle East and Rest of the world. North America and Europe regions are projected to have a significant growth of polymer coated fabrics market during the forecast period. Furthermore, the demand for polymer coated fabrics in the Asia Pacific is expected to grow exponentially due to increased government investments in developing countries for infrastructure to cater to the steadily growing population. Rising industrialization in China & India indicates a strong presence of manufacturing companies that will drive polymer-coated fabrics to market growth in various applications. The strong rules regarding safety features in the industrial segments is also expected to stimulate the demand for protective clothing in various parts of the region. Similarly, the Chinese car manufacturing industry is the World's largest which will also drive the polymer coated fabrics in the Asia Pacific region.

Polymer Coated Fabrics Market

Polymer Coated Fabrics Market By Regional Analysis (2017-2028)

Competitive Landscape:

Polymer coated fabrics market is rapidly growing and expected to show high growth. It is majorly driven by companies who focused on to adopt new technologies for enhancing performance and time as well. Major companies are investing in research and development activities for new product development. For example, In Jan. 2019, Trelleborg AB has announced the launch of "Tactwear," a new form of polymer-coated composite. The composite is designed to increase wear and tear resistance, versatility in tactical gear, waterproof bags and a range of fashionable apparel accessories.

Key players in polymer coated fabrics market adopting inorganic development strategies like the acquisition of local brands to capture a market share in the market. Similarly, other business models such as joint venture and market entry strategies are helping prominent vendors to make their presence felt in the market and increase their product portfolio.

The key players leading in the market are

  • Trelleborg AB
  • Takata Corporation
  • Spradling International Inc.
  • Serge Ferrari Group
  • Saint-Gobain SA
  • Sioen Industries NV
  • Continental AG
  • Cooley Group Holdings, Inc.
  • Dickson Constant
  • Seaman Corporation
  • SRF Limited

By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this polymer coated fabrics market industry analysis report will aid clients to identify new growth opportunities and design new growth strategies. Additionally, the report also provides an accurate prediction of the contribution of the various segments to the growth of the polymer-coated fabrics market size. This report on polymer coated fabrics market also includes the profiles of key companies along with their SWOT analysis and market strategies. Also, these competitive landscapes provide a detailed description of each company including future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launch, new product developments, and other latest industrial developments.

Key Developments:

  • In Jan. 2019, Trelleborg AB has announced the launch of "Tactwear," a new form of polymer-coated composite. The composite is designed to increase wear and tear resistance, versatility in tactical gear, waterproof bags and a range of fashionable apparel accessories.
  • Trelleborg AB has announced that it has agreed to acquire the U.S. based Laminating Coating Technologies Inc. This acquisition company is focusing on the aerospace applications and health care market for polymer coated fabrics.

Polymer Coated Fabrics Market

Polymer Coated Fabrics Market Timeline (2017-2028)

What Does This Report Provide?

This report provides a detailed understanding of the polymer coated fabrics market from qualitative and quantitative perspectives during the forecast period. The report also provides dynamic indicators with potential impact on the market during the forecast period and an in-depth analysis of the leading companies operating in the polymer coated fabrics market.

Market Segmentation:

By Product:

  • Polyvinyl
  • Polyurethane
  • Polyethylene

By Application:

  • Transportation
  • Protective Clothing
  • Industrial, Awning
  • Roofing & Canopies
  • Furniture & Seating

By Region:

North America

  • By Country (U.S., Canada, Mexico)
  • By Product
  • By Application

Western Europe

  • By Country (Germany, U.K., France, Italy, Spain, Rest of Western Europe)
  • By Product
  • By Application

Eastern Europe

  • By Country (Russia, Turkey, Rest of Eastern Europe)
  • By Product
  • By Application

Asia Pacific

  • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
  • By Product
  • By Application

Middle East

  • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
  • By Product
  • By Application

Rest of the World

  • By Region (South America, Africa)
  • By Product
  • By Application

Reasons to Buy This Report:

  • Market size estimation of the polymer coated fabrics market on a regional and global basis
  • Unique research Usage for market size estimation and forecast
  • Profiling of major companies operating in the polymer coated fabrics market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the polymer coated fabrics market.

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

For more information, contact: [email protected]

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