A coated fabric is designed in such a way that it could last long and at the same time it can face weather changes, that is, it is water resistant. These fabrics are coated with a substance which minimizes the risk of wear and tear. The most basic product used for coating is polyethylene and it plays a vital role to make the fabric water resistant.
There are multiple uses of coated fiber; it is not only bounded to the textile industry but could also be used in aerospace, home furnishing, automobiles, container covers and more. The main feature that makes it so flexible is that it is water resistant.
The global coated fabrics market report shows the insights of the current market conditions by conducting over 301 hours of secondary and primary research. As per the research report, the global coated fabrics market is increasing its sphere of influence at a greater pace. The global coated fabrics market is valued at US $ xxx million dollars in 2018 which is expected to reach US $ xxx million dollars by the end of 2023. This market is hence said to grow at a CAGR of xx% during 2018–2023.
One of the major factors that is contributing to the growth of global coated fabrics market include increasing demand across industries such as protective apparel, shoes, belts, upholstered furniture, automobile seating and airbags. Coated fabrics enjoy an edge over competitors’ products due to various factors such as low cost, durability, water resistance and versatility, as compared to other materials such as leather, plastic, and rubber.
There are no major impediments facing the growth prospects of the global market for coated fabrics as of now. If in future any other alternatives are developed, or the supply of raw materials is affected, it might affect the growth prospects in the future.
The Asia Pacific region was the largest market for coated fabrics in 2014, representing roughly 60 percent of total global demand, up from 45 percent in 2004. China is the largest market, and the largest producer for coated fabrics all over the world, accounting in 2014 for roughly 40 percent of global demand and nearly 50 percent of global output.
Low & Bonar PLC, Saint-Gobain S.A., Lenovo solutions Inc., SRF Limited, Takata Corporation, Trelleborg AB, Seaman Corporation, etc. are the leading players in the market
Our Approach
The research process is commenced by the market segmentation of global coated fabrics market, followed by the growth factors identification and conducting market research. The market forecasts are then done taking into consideration the insights given by business leaders from across the Global Coated fabrics industry value chain. Market Krystal conducted 33 interviews for this study and are given below:
By company type:
Manufacturers (36%), Suppliers (14%), Consumers (20%), Researchers (15%), Independent industry consultant (15%)
By geography:
North America (32%), Asia (48%), Europe (20%)
By designation:
Top level (45%), Operation level (30%), Mid-level (25%)
Contents of the report:
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