[175 Pages Report] The coated fabrics market size was USD 23.03 billion in 2017 and is projected to reach USD 29.14 billion by 2023, at a CAGR of 4.0% during the forecast period. In this report, 2017 has been considered the base year for the study of the coated fabrics market while the forecast period is between 2018 and 2023.

MnM asisted one of its top USA client for detailed study on market assessment of coated fabrics in furniture and seating application Client�s Problem Statement Our client wanted to assess the potential demand of coated fabrics in furniture & seating application in North America. The client�s major focus was to establish the demand for coated fabrics by end-use industry market analysis, market share of key players and industry trends. The senior management needed to decide which customers to focus on, which region of North America to target by considering the factors such as presence of coated fabric suppliers, furniture manufacturers, etc. MnM Approach MnM assisted the client with an outside-in perspective on the market potential for coated fabrics in furniture and seating application

Potential market demand was established by understanding the production as well as import of coated fabrics in North America.

MnM also helped them better understand the competitive landscape as well as the business models & strategies that different players use to win in these markets. This helped them launch their product offerings successfully.

Further, pricing analysis was done to understand domestic and import price of coated products in total North America coated fabric market.

Interviews with coated fabric manufacturers and potential customers (furniture manufacturers) in end-use industries were conducted to understand their requirements, their acceptance of new products, need for import of product and their resistance to or acceptance of high prices, etc. Revenue Impact (RI) Our findings helped the client to understand the potential market for coated fabrics, key customers, import scenairo of coated fabrics in North America and pricing analysis Consult our Analyst now

Market Dynamics

Drivers

Rising safety measures in the transportation application

Stringent regulatory requirements for workers� safety driving the protective clothing segment

Restraints

Environmental concerns

Availability of substitutes

Opportunities

Rapid industrialization in emerging economies

Innovative product development in protective clothing segment

Challenges

Disposal/recycling of waste

Rising safety measures in the transportation application

Rising safety measures in the transportation application are expected to be the major driver for the coated fabrics market during the forecast period. According to the US National Highway Transportation Safety Authority (NHTSA) and Insurance Institute for Highway Safety (IIHS), almost 10,000 potential fatalities have been prevented in the US alone since 1985 due to airbag-equipped vehicles. The APAC market is expanding due to increased demand for airbag fitment from China, South Korea, India, and Japan. In Europe, enhanced safety vehicles are preferred more as compared to non-safety equipped vehicles.

The objectives of this study are:

To analyze and forecast the coated fabrics market size, in terms of value and volume

To provide detailed information regarding the major factors (drivers, restraints, opportunities, and challenges) influencing the market growth

To define, describe, and forecast the global coated fabrics market on the basis of product and application

To forecast the market size of different segments based on key regions, namely, APAC, Europe, North America, South America, and the Middle East & Africa

To analyze and forecast the size of the coated fabrics market, by application, for the major countries, such as the US, China, India, Japan, Turkey, Italy, Brazil, and Germany

To strategically analyze markets with respect to individual growth trends, prospects, and contribution to the total market

To analyze the opportunities in the market for stakeholders and provide a competitive landscape for market leaders

To track and analyze competitive developments, such as expansion, partnership, agreement, acquisition, and new product launch, in the coated fabrics market

To strategically profile key players and comprehensively analyze their core competencies

This technical, market-oriented, and commercial research study on the coated fabrics market involves the extensive use of secondary sources, directories, and databases, such as Hoovers, Bloomberg BusinessWeek, and Factiva, to identify and collect information on the coated fabrics market. Primary sources mainly include several industry experts from the core and related industries and suppliers, manufacturers, distributors, service providers, and organizations related to different segments of the supply chain of the coated fabrics industry. After arriving at the overall size of the coated fabrics market, the total market was split into several segments. The figure below illustrates the breakdown of primary interviews, which were conducted during the research study on the coated fabrics market, based on company type, designation, and region.

To know about the assumptions considered for the study, download the pdf brochure

The key market players profiled in this report include Continental AG (Germany), Spradling International Inc. (US), Seaman Corporation (US), Saint-Gobain SA (France), Trelleborg AB (Sweden), Sioen Industries NV (Belgium), Serge Ferrari Group (France), Low & Bonar Plc (UK), and OMNOVO Solutions Inc. (US)

The target audiences for the coated fabrics market report are as follows:

Coated fabrics manufacturers

Raw material suppliers

Government and research organizations

Industry associations

Coated fabrics traders, distributors, and suppliers

End-use industries

Scope of the Report

This report categorizes the coated fabrics market based on product, application, and region.

Coated Fabrics Market, by Product:

Polymer-coated Fabric Vinyl-coated Fabric PU-coated Fabric PE-coated Fabric Others

Rubber-coated Fabric

Fabric-backed Wall Coverings

Coated Fabrics Market, by Application:

Transportation

Protective Clothing

Industrial

Roofing, Awnings & Canopies

Furniture & Seating

Others

Coated Fabrics Market, by Region:

APAC

Europe

North America

Middle East & Africa

South America

Critical questions which the report answers<

What are the new products that coated fabrics companies are exploring?

Who are the key players in the market and how intense is the competition?

Available Customizations:

Along with the market data, MarketsandMarkets offers customizations according to the specific requirements of companies. The following customization options are available for the report:

Regional Analysis

A further breakdown of the regional coated fabrics market at the country level based on product or application

Country Information

Additional country information (up to 3)

Company Information

Detailed analysis and profiles of additional market players (up to 5)

The coated fabrics market is projected to grow from USD 23.93 billion in 2018 to USD 29.14 billion by 2023, at a CAGR of 4.0%. The rising safety measures in the transportation application and stringent regulatory requirements for workers� safety are expected to drive the coated fabrics market. However, the availability of substitutes and environmental concerns are hampering the growth of this market.

Coated fabrics are woven or non-woven textile substrates that are manufactured by coating or laminating the fabric with polymer, rubber, or other materials. They are anti-static, antibacterial, and anti-fungal and offer advantages such as enhanced elasticity, high visibility, weldability, and resistance to flame, UV radiation, chemical, oil, water, stain, scratch, and abrasion, among others. Coated fabrics have found widespread applications in the transportation, protective clothing, industrial, furniture & seating, roofing, awnings & canopies, and others including wall coverings, agriculture, geotextiles, medical, sports & leisure, and packaging.

Based on product, the coated fabrics market has been segmented into polymer-coated fabric (vinyl, PU, PE), rubber-coated fabrics, and fabric-backed wall coverings. The polymer-coated fabrics segment is projected to lead the coated fabrics market, in terms of value and volume, during the forecast period. The demand for polymer-coated fabric is very high in various applications due to its superior properties such as resistance to dirt, oil, UV, and water. Moreover, the rising demand for automotive upholstery and home furnishing is driving the polymer-coated fabrics market. Some of the other applications of polymer-coated fabrics are temporary tents, awnings, canopies, seat upholstery, and protective clothing.

Based on application, the coated fabrics market has been segmented into transportation, protective clothing, industrial, roofing, awnings & canopies, furniture & seating, and others. The transportation segment is projected to lead the coated fabrics market, in terms of value, during the forecast period. This growth is attributed to the increasing use of polymer- and rubber-coated fabrics in various transportation applications. Coated fabrics are majorly used for a wide range of automotive applications such as interior, exterior, airbags, seatbelt, and covers.

The coated fabrics market has been studied for APAC, Europe, North America, the Middle East & Africa, and South America. APAC is the largest coated fabrics market, globally, due to massive industrial growth and rapid urbanization in key countries such as China and India. The increasing demand from the transportation, protective clothing, and industrial applications is driving the coated fabrics market in APAC. China, Japan, and South Korea are the major countries driving the coated fabrics market in APAC. Environmental concerns relating to the usage of solvents in coated fabrics production and availability of substitutes are the major restraints in the coated fabrics market.

Transportation, Protective Clothing, and Roofing, Awnings & Canopies applications to drive the coated fabrics market

Transportation

Transportation is projected to be the largest application segment of the coated fabrics market, between 2018 and 2023, due to the increasing usage of polymer- and rubber-coated fabrics in the automobile, aircraft, railways, and marine applications. The automotive industry is growing at a high rate since its revival post the financial meltdown in 2008. In the automotive industry, safety is a crucial consideration for car manufacturers. Coated fabrics are appropriate for a wide range of automotive end uses such as seat upholstery, airbags, seat belt, truck tarpaulin & covers, boat seating, boat topping, rafts, and kayaks. The automotive industry is already rapidly growing, which is expected to drive the coated fabrics market during the forecast period.

Protective Clothing

Protective clothing is designed to protect the person wearing it from various environmental hazards faced during any particular operation. The protective clothing segment is projected to be the fastest-growing application of coated fabrics, in terms of value and volume, between 2018 and 2023. Every industry has some specific associated hazards. For instance, thermal protective clothing is required by firefighters for protection against flame and heat during firefighting operations. High altitude clothing or extreme cold climate clothing (ECC) is used for protection against extreme weather conditions such as extremely low-temperatures, high-velocity winds, and snowfall. Chemical protective clothing is required by personnel working in the chemical or manufacturing industry whereas high-visibility clothing may be required mainly in the construction industry. Nuclear Biological and Chemical (NBC) protective clothing is designed to protect the user in a hostile environment with chemical, biological, and radioactive agents; whereas ballistic protective clothing is used to protect the wearer�s body and eyes against projectiles and fragments of different shapes, impact velocity, and size. Electrostatic protective clothing is required in the end uses such as liquid refueling, paint spraying operations, solvent & fuel production, production of explosives, oil rig operations, and electronics manufacturing process to protect against static electricity.

Roofing, Awnings & Canopies

Architects and designers have consistently considered coated fabrics as a reliable material for construction applications such as roofing, awnings & canopies. Coated fabrics, such as polymer-coated fabric, rubber-coated fabric, and fabric-backed wall coverings, are predominantly used in the construction application. Coated fabrics are used for roofing, awnings & canopies, as they are UV resistant, flame retardant, aesthetically pleasing; have high tensile strength, long life, ease of welding; and are recyclable. PVC coated fabrics are mostly used for architectural fabrics due to the reduced cost, ease of welding, and the range of colors available. Coated fabrics are used during the construction of new houses to retrofit and renovate commercial buildings. The growing construction application including roofing, awnings & canopies in the developing countries is expected to drive the demand for coated fabrics during the forecast period.

Critical questions the report answers:

What are the mid- to long-term impact of these developments?

What are the upcoming applications of coated fabrics?

The major factors restraining the growth of the coated fabrics market are the availability of substitutes and environmental safety concerns.

Some key players in the coated fabrics market include Continental AG (Germany), Spradling International Inc. (US), Seaman Corporation (US), Saint-Gobain SA (France), Trelleborg AB (Sweden), Sioen Industries NV (Belgium), Serge Ferrari Group (France), Low & Bonar Plc (UK), and OMNOVO Solutions Inc. (US).

To speak to our analyst for a discussion on the above findings, click Speak to Analyst