+1-888-308-5802     
News Contact Us

Coated Fabrics Market Size, Growth & Trend Analysis 2019-2024

Author : Rahul Varpe | Published Date : 2019-06-03 

Global Market Insights has launched a report on Coated Fabrics Market that elucidates an in-depth synopsis of this business vertical over the forecast period. The report is inclusive of the prominent industry drivers and provides an accurate analysis of the key growth trends and market outlook in the years to come in addition to the competitive hierarchy of this sphere.

Coated fabric market has witnessed immense demand from OEM applications in manufacturing air bags, motor vehicle upholstery, headliners, convertible tops, pickup-truck bed covers, heavy-truck covers and sides, nose covers, and spare tire covers. In terms of material usage nylon has witnessed major use in airbags while polyester is mainly preferable in trucks covers and sides. Aesthetic appearance to seat covers and possibility to customize designs have also influenced product demand in transportation industry.

Request sample copy of this report @ https://www.gminsights.com/request-sample/detail/764

Coated Fabrics Market to cross USD 27.4 billion by 2024.Increase in automotive sales along with rising regulatory compliances pertaining to passenger safety has encouraged global coated fabrics market growth. Rising worker’s safety concern due to increase in accident occurrence during operational hours have resulted in to standardized rules to provide protective clothing.

Large population size in China and India along with increase in consumer spending on home interiors have encouraged product demand in furniture upholstery and industrial measures such as sealing and contamination controls. Furniture application was valued at over USD 1.9 billion in 2015.

Government initiatives to ensure worker safety in industrial environment has positively drove coated fabrics demand in protective clothing. Aprons, chemical & hazardous material suits, clean room clothing, footwear, reflective clothing, and space suits are key protective clothing type.

Availability of substitutes such as leather, plastic, & uncoated fabrics accompanied by presence of large number of domestic players may adversely affect coated fabrics market price trend.

Increase in construction spending in hotels, schools, hospitals, office buildings and apartments due to change in living style & need for renovation is projected to fuel fabric backed wall demand. U.S. fabric backed wall market is projected to witness 5% growth owing to rising consumer demand for residential applications.

Browse Complete Summary of this report @ https://www.gminsights.com/industry-analysis/coated-fabrics-market

Germany coated fabrics market size was valued at over USD 745 million in 2015. Stringent regulations associated to passenger safety along with standardized laws for labor protection has favored regional growth.

Transportation coated fabrics market size was over USD 6 billion in 2015, automotive industry expansion along with rising penetration in road conveyance are key factors stimulating application growth.

U.S. polymer coated fabrics market size is mainly driven by automotive industry growth. In terms of revenue, the segment was worth over USD 2.2 billion in 2015.

China led by automotive industry growth expects growth of 12% from 2016 to 2024. Increasing manufacturing companies set up in India, Malaysia, and South Korea due to positive indicators from FDI should drive regional industry growth.

Latin America, with motor vehicle growth in Argentina, and Brazil may witness significant gains. Brazil transportation application to expand at over 2.5% CAGR up to 2024.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/764

Global coated fabrics market share is fairly fragmented as domestic companies holding more than 70% of the global demand. In terms of revenue, major industry player includes Omnova Solutions, Saint-Gobain, Takata Corporation, Canadian General Tower, and Trelleborg.

Read More @ https://www.marketwatch.com/press-release/Flame-Resistant-Fabrics-Market-2019-By-Industry-Trends-Statistics-Key-Companies-Growth-and-Regional-Forecast-To-2024-2019-06-02

About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

Related News

2019 – 2025 | South Korea Aerial Work Platform Rental Market by Revenue Statistics & Growth Forecast

Published Date: 2019-08-20         Author: Rahul Varpe

The construction and maintenance of new base stations for supporting the expansion of the 5G technology will generate massive demand for aerial work platforms over the future. According to a research report, the South Korea Aerial Work Platform Rental Market demand from the telecommunication sector ... Read More

Conveyor Belt Market Growth Analysis by Regional Players | 2019 - 2025

Published Date: 2019-08-20         Author: Rahul Varpe

A highly profitable vertical of the expanding construction space, conveyor belt market stands tall in terms of revenue in today’s industrial cosmos. With the global populace growing consistently by the day and improving economic conditions, the commercialization prospects of food & beverag... Read More

2019 – 2025 | Building Thermal Insulation Market by Regional Statistics, CAGR, Trend & Growth Forecast

Published Date: 2019-08-20         Author: Rahul Varpe

Powered by the rapidly increasing focus towards curbing energy consumption in the residential and commercial spaces, Building Thermal Insulation Market has come to chart out an extremely profitable growth path lately. It is no secret that heating and cooling operations account for a large share of t... Read More

© 2019 Fractovia. All Rights Reserved