This report provides exclusive insights into the COVID-19 impact on the Coated Fabrics Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Coated Fabrics Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Coated Fabrics Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.
A recent report published by Infinium Global Research on coated fabrics market provides an in-depth analysis of segments and sub-segments in the global as well as regional coated fabrics market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional coated fabrics market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global coated fabrics market. According to the report, the global coated fabrics market is projected to grow at a CAGR of 4.50% over the forecast period of 2019-2025.
Coated fabrics are used largely used in engineering, carpeting, filtration, protective clothing, geotextile, heating, and military are some domains where coated fabrics are used. Generally, there are two forms of coated fabric such as laminating and coating. The coating contains elastomer or polymer generally in a sticky form that is applied on the fabric for further treatment. From the commercial point of view, the coated fabrics market is expected to witness significant growth owing to the increasing use in technical textiles and other applications.
The global coated fabrics market is primarily driven by material properties such as oil and dirt repellent, UV-resistant, rot-proof, and water-resistant has accelerated the use in the manufacturing of automobile parts and components. Moreover, increasing demand for coated fabrics in various application such as transportation and many other sectors which are expected to fuel the market growth in the near future. However, the unstable raw material prices of coated fabrics are expected to hinder the demand for the global coated fabrics market. Nonetheless, rising application of coated fabric for manufacturing various product such as vehicle seating and airbags, protective apparel, shoes, belts, and upholstered furniture is anticipated to create a new opportunity for global coated fabrics market.
On the basis of region, the global coated fabrics market is bifurcated into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. The Asia Pacific held the largest revenue share for the global coated fabrics market in 2018 owing to the increasing investment in chemical & manufacturing, infrastructure, oil & gas, and automotive industry along with the increase in government initiatives against pollution. North America is also estimated to be the fastest-growing region within the projected years owing to after the shale gas boom, rising oil and gas activities in the U.S. Additionally, the stringent FDA regulation is estimated to enhance the protective clothing demand which is anticipated to propel the coating fabrics market in the region.
The report on global coated fabrics market covers segments such as product, and application. On the basis of product, the sub-markets include rubber, polymer, and fabric-backed wall coverings. On the basis of application, the sub-markets include transportation, roofing & canopies, industrial, protective clothing, awnings, and furniture & seating.
The report provides profiles of the companies in the market such as Takata Corporation, Bo-Tex Sales Co., Saint-Gobain, Omnova Solutions, Canadian General Tower, Mauritzon Inc., Isotex S.p.A., Sioen Industries NV, Graniteville Specialty Fabrics, and ContiTech AG.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of coated fabrics market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.