The report titled 'Global Polymer Coated Fabrics Market - Growth, Share, Opportunities, and Competitive Analysis, 2023 - 2032' offers strategic visions into the global polymer coated fabrics market along with the market size (Revenue - US$ Bn and Volume - Kilo Ton) .
The said research study covers in-depth analysis of multiple market segments based on polymer type, textile material type, application, end-user and study across different topographies. The report is also inclusive of competitive profiling of the leading polymer coated fabric manufacturers, and latest developments. Polymer coated fabrics are the fabrics made out of polymers which provide better adherence and protection from corrosion. The fabric can be based on rayon, nylon, polyester, etc. which is known as substrate and then it is coated with polymer named as coat. The coat applied on the fabric depends upon the application or needed properties required for that fabric. In polymer coated fabrics, polymer acts as a barrier towards penetration of gases, liquids and dust particles and contributes towards abrasion resistance. On the other hand, the fabric as substrate subsidizes towards strength and dimensional possessions. The innovative trend of conductive polymers for chemical detecting application is evolving in the global polymer coated fabrics market.
The global market of polymer coated fabric is mainly driven by the rise in demand of end-use applications which includes transportation, industrial, protective clothing, etc. The main restraint is the usage of solvents in the manufacture of polymer coated fabrics, which is one of the major source of hazardous air pollutants and is considered environmentally unsafe. The market for polymer coated fabrics is anticipated to expand at a CAGR of 4.4% during the forecast period from 2018 to 2024. The global polymer coated fabrics market was valued at US$ 18.10 Bn in 2016.
The global polymer coated fabrics market is segmented on the basis of polymer type which includes polyvinyl, polyurethane, polyethylene, acrylics, aramids, latex, rubber, etc. On the basis of textile material type, the global polymer coated fabrics is segmented into knitted, woven and non-woven type. It is also segmented on the basis of application such as transportation, protective clothing, industrial, awning, canopies & roofing, furniture & seating. On the basis of end use industry, the global polymer coated fabrics are segmented into automobile, aerospace, military, chemical processing and others.
Polymer coated fabrics have mildew resistant, rot-proof, water resistant, dirt & oil-repellent and UV resistant properties, due to which they have a great demand in the transportation application. These fabrics are suitable for an extensive range of automotive end-use applications including air bags, interiors, boat seating, exteriors, seat belts, rafts, truck tarpaulins & covers, boat topping, and kayaks.
The rising demand for polymer coated fabrics in the Asia-Pacific region is influencing the global polymer coated fabrics market in this region. The market is determined by the increased demand from India and China, and China being the largest market in the region. There is an increasing demand from the transportation, oil & gas, awning and canopies, roofing applications in the region. Also, factors such as increasing automobile industry, growing industrialization will enhance the growth of the global polymer coated fabrics market in the area.
The market of polymer coated fabrics is matured in North America and Western Europe and hence, is expected to grow at a moderate CAGR. Thus, the overall market of global polymer coated fabric is anticipated to increase with respect to growing applications during the future span of years.
Some of the major market players are Serge Ferrari Group, SRF Limited, Trelleborg AB, Sioen Industries NV, Spradling International Inc., Industrial Sedo S.L., Saint-Gobain SA, OMNOVO Solutions Inc., Continental AG, Spradling International Inc., Takata Corporation, Low & Bonar PLC, Heytex Bramsche GmbH, Dickson Constant, Seaman Corporation, The Haartz Corporation, Morbern Inc., Uniroyal Engineered Products LLC., Verseidag-Indutex GmbH, Obeikan Technical Fabrics Co. Ltd., Cooley Group Holdings, Inc., and Mount Vernon Mills, Inc., etc.
These companies are focusing on strategic initiatives and mergers and acquisitions in order to cater to the increasing demand of the global polymer coated fabrics market. For instance, in 2016, Serge Ferrari Group took over 51% of Giofex Group to strengthen the distribution channel in European region for the textiles market. As Giofex Group has a strong distribution network covering extensively over six countries which are Germany, Great Britain, Romania, Bulgaria, France and Slovakia, it made easier for the Serge Ferrari Group to penetrate further and make a strong base in the supply chain in the European market.
The Global Polymer Coated Fabrics Market is Segmented :
Basis of Polymer Type :
- Polyvinyl
- Polyurethane
- Polyethylene
- Acrylics
- Aramids
- Latex
- Rubber
Basis of Textile Material Type :
Basis of Application :
- Transportation
- Protective Clothing
- Industrial
- Awning
- Canopies & Roofing
- Furniture & Seating
Basis of End Use Industry :
- Automobile
- Aerospace
- Military
- Chemical Processing
- Others
By Region
- North America
- United States
- Canada
- Rest of North America
- Europe
- Germany
- United Kingdom
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- India
- China
- Australia
- South Korea
- Rest of Asia Pacific
- Middle East & Africa
- UAE
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- South America
- Brazil
- Rest of South America
