The global Coated Fabrics Market is predicted to grow at significant CAGR during the forecast period (2018 to 2025), according to a report available on Radiant Insights, Inc. Growing requirement for technology advanced fabric material offer better characteristics as compare to conventional fabrics can propel demand for coated fabrics. These fabrics are likely to offer advanced protective coating that can keep fabric light weight and better water repellant over its counterparts. Growing use of coated fabrics for manufacturing various products such as PTFE tapes and conveyor belts can fuel market growth in the future. Rising adoption of product as low-cost alternative leather for upholstery and trims can augment growth of market. Increasing investments in development of automotive, construction, and oil & gas sector can surge demand for coated fabrics over next few years. Growing concerns regarding workers safety coupled with stringent regulations can fuel demand for protective clothing. This, in turn, can stimulate market growth. Continual technological advancements aimed to reduce prices of raw materials and to achieve efficient production can influence growth of market during the forecast period (2018 to 2025). To cater to rising demand for coated fabric, most companies are likely to invest in R&D activities to develop advanced products. For instance, a team of scientists at Massachusetts institute of technology (MIT) recently developed novel coating that can make silk and cotton fabric water repellant. This coating is expected to consist long polymers with perfluorinated side-chains. Long-chain versions are likely make fabric better water repellant as compared to conventional coated fabrics. Scientists are expected to combine shorter-chain polymer and different coating process called initiated chemical vapor deposition (iCVD). Access "116" page research report with TOC on "Coated Fabrics Market" available with Radiant Insights, Inc. @ https://www.radiantinsights.com/research/global-coated-fabrics-market-professional-survey-report-2018 The coated fabrics market can be segregated on the basis of product, application, and region. Based on product, the market can be categorized into coated polyester, coated nylon, and others. Coated nylon segment is expected to dominate the market and account for largest market share. High demand for coated nylon fabric over its counterparts such as polyester attributed to amenability to various coatings and low weight can fuel product demand over next few years. Based on application, the market can be classified into instrument panels, door panels & consoles, air bags, seating, and other. Regional segmentation includes India, Japan, Europe, North America, China, and Southeast Asia. In North America, the market is expected to witness significant growth attributed to growing use in protective clothing and automotive applications. High demand for protective clothing in chemical and other sectors attributed to stringent regulations by food and drug administration (FDA) is predicted to boost market growth. In addition, guidelines from national fire protection association (NFPA) in United States (U.S.) regarding protective clothing for workers are likely to augment market growth in the region. In India, China, and Japan, the market is estimated to grow fast over the forecast period owing to rising automotive sector in these developing countries. In addition, increasing use of coated fabric in manufacturing of household furniture can augment market growth in these regions. In addition, increasing use coated fabrics in protective clothing and transportation sector attributed to presence of enough manufacturing companies are expected to surge product demand in China. In Europe, the market is predicted to witness grow at remarkable CAGR over the forecast period. Stringent regulations related to workers safety and standardized policies associated to passenger’s safety can stimulate growth of market in the region. Some of the leading companies offering coated fabrics are Saint-Gobain, Spradling International, Natroyal Group, SRF Limited, and Wuxi Double Elephant.
Get your queries resolved from an industry expert. Request for a free product review before report purchase.
Toll Free: 1-888-928-9744
Email: [email protected]
Speak to the report author to design an exclusive study to serve your research needs.
Your personal and confidential information is safe and secure.