+1-888-308-5802     
News Contact Us

Coated Fabrics Market for furniture industry is projected to witness a high surge by 2024

Author : Rahul Varpe | Published Date : 2019-07-12 

Coated fabrics market size worth USD 18 billion in 2015, is predicted to reach USD 27 billion by 2024, recording a CAGR of 4% over the period of 2016-2024.” Various product types of coated fabrics include rubber coated fabrics, polymer coated fabrics, and fabric backed wall coverings. Polymer coated fabrics market worth USD 17 billion in 2015, is predicted to witness a substantial surge over 2016-2024 due to its growing applications in automotive and manufacturing industries. Rubber coated fabrics market is expected to exceed a revenue of USD 2 billion by 2024 owing to its flexibility, durability, and affordable features. Other key product applications include rainwear, boats, aprons, protective garments, storage bags, lifeboats, and gymnasium mats.

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

Coated fabrics market in Middle East & Africa is predicted to witness a substantial growth over 2016-2024 due to large-scale construction activities carried out in countries such as UAE, Saudi Arabia, and Kuwait along with strict implementation of worker safety legislations.

Coated fabrics market in Europe size worth USD 3 billion in 2015, is anticipated to witness a substantial surge over the period of 2016-2024, with worker & passenger safety norms promoting the industry growth in the region. Germany, UK, and France are predicted to be the key contributors towards regional growth over the coming years.

Coated fabrics market Latin America is expected to witness a significant growth over 2016-2024 due to its rising applications in motor vehicles. Brazil and Argentina are anticipated to be the key revenue pockets of the region over the coming years.

Coated fabrics market in Asia Pacific is projected to record a CAGR of 4% over the period of 2016-2024 due to lucrative growth of healthcare, chemical, and automotive industries in the region. China, Malaysia, India, and South Korea are predicted to contribute significantly towards the overall revenue of the region.

Key industry participants include:

  • Takata Corporation
  • Saint-Gobain Manufacturing Company
  • Canadian General-Tower Limited
  • OMNOVA Solutions
  • Trelleborg Engineering Company

Make an Inquiry for Purchasing this Report @
https://www.gminsights.com/inquiry-before-buying/764  

Rise in vehicle sales along with strict compliance norms relating to passenger safety is predicted to benefit the industry in near future. Strict norms to provide protective clothing for the workers owing to growing number of accidents is expected to drive the global industry trends. Furthermore, coated fabrics also finds major applications in motor vehicles, marines, and aerospace sectors.

Elevated demand for coated fabrics from the prospering automotive sector and its extensive applications across furniture, transport, and protective clothing industries is projected to boost global coated fabrics market growth over the coming eight years. The market share in transport industry worth USD 6 billion in 2015, is predicted to witness a substantial growth over 2016-2024 due to its growing applications in automobiles.

Implementation of safety standards for vehicles has boosted the product demand in transport industry.  For instance, implementation of government legislations such as National Highway Traffic Safety Administration (NHTSA) to encourage safe driving has increased the use of coated fabrics across the globe.  Its application in protective clothing industry is expected to grow at a rate of 4% over 2016-2024 owing to implementation of standardized safety measures for the factory workers.

Browse Report Summery @

https://www.gminsights.com/industry-analysis/coated-fabrics-market

 

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde

Corporate Sales, USA

Global Market Insights, Inc.

Phone:1-302-846-7766

Toll Free: 1-888-689-0688

Email: [email protected]

Web: https://www.gminsights.com/

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

Asia Pacific Air Filtration Market is expected to witness significant gains during 2019 – 2023

Published Date: 2019-07-22         Author: Rahul Varpe

Industrial products contributed to more than 27% of Asia Pacific air filtration market revenue in 2015, subject to the high demand of air filters in the medical sector and laboratories. The sub-products of industrial filters, such as dust collectors, baghouse filters, cartridge collectors & filt... Read More

Europe Industrial Air Filtration Market 2019 | Regional Insights & Growth Forecast To 2022

Published Date: 2019-07-22         Author: Rahul Varpe

Europe Industrial Air Filtration Market size in metal applications is projected to account for nearly 22% of the overall revenue over the coming timeframe.  Escalating need for healthy working conditions in the firms and the high necessity to maintain the humidity equilibrium will foster the gr... Read More

Compressed Air Treatment Equipment Market 2019-2024 Revenue Forecast By Global Industry Players

Published Date: 2019-07-22         Author: Rahul Varpe

Atlas Copco, the Swedish giant, that is claimed to constitute almost one tenth of the competitive spectrum of compressed air treatment equipment market, has undertaken a plethora of acquisitions over the recent years, to expand its geographical reach and product enhancement. The latest acquisition w... Read More

© 2019 Fractovia. All Rights Reserved