At a compound annual growth rate of 4.9%, the size of the worldwide Coated Fabrics market is projected to reach USD 49.45 billion in 2030.
The global coated fabrics market is anticipated to reach a value of around USD 32.2 billion by 2028. Coated textiles are textiles that have been coated, covered, or treated with various substances such as varnish, rubber, lacquer, and thermoplastic coatings to extend the life of the material and make it resistant to water, dust, oil, and other liquids. Smooth and pile textiles are used to make coated textiles. To make these materials softer, they are occasionally mixed with porolon.
Growing awareness of environmental risks encountered during any given activity is driving the demand for coated textiles material in the industry. Furthermore, the increased demand for coated textiles material has a beneficial impact on the growth of the coated textiles material market. Companies are launching specific purpose coated fabric in order to expand their consumer base.
The increasing of consumer disposable income levels is expected to have a favorable impact on the expansion of the coated textiles material market due to increased spending on protection from various activities, raising of the number of working persons throughout the world, and rising of the consumer disposable income levels. Because of the increase in safety regulations in the vehicle sector, the emphasis on performance, and technological advancements, coated textiles have gained enormous appeal in the transportation market.
Coated Fabrics Market Scope
Metrics | Details |
Base Year | 2023 |
Historic Data | 2018-2022 |
Forecast Period | 2024-2030 |
Study Period | 2018-2030 |
Forecast Unit | Value (USD) |
Revenue forecast in 2030 | USD 49.45 billion |
Growth Rate | CAGR of 4.9 % during 2020-2030 |
Segment Covered | Product, Application,Regional |
Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and Africa |
Key Segments of the Global Coated Fabrics Market
Product Overview, (USD Billion)
- Rubber
- Polymer
- Fabric-backed wall coverings
Application Overview, (USD Billion)
- Transportation
- Protective clothing
- Industrial
- Awnings
- Roofing & Canopies
- Furniture & Seating
Regional Overview, (USD Billion)
North America
- U.S.
- Canada
Europe
- UK
- Germany
- France
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Middle East and Africa
- UAE
- South Africa
- Rest of Middle East and Africa
South America
- Brazil
- Rest of South America
Reasons for the study
- The purpose of the study is to give an exhaustive outlook of the global coated fabrics market.
- Coated Fabrics is widely used for various end uses, owing to their excellent properties and the market is expected to gain traction over the coming years
- With the growing personal care uses, there is a rise in the demand for coated fabrics which is further expected to have a positive impact on the overall market growth
What does the report include?
- The study on the global coated fabrics market includes qualitative factors such as drivers, restraints, and opportunities
- The study covers the competitive landscape of existing/prospective players in the coated fabrics industry and their strategic initiatives for the product development
- The study covers a qualitative and quantitative analysis of the market segmented based on Product and End Use. Moreover, the study provides similar information for the key geographies.
- Actual market sizes and forecasts have been provided for all the above-mentioned segments.
Who should buy this report?
- This study is suitable for industry participants and stakeholders in the global coated fabrics market. The report will benefit: Every stakeholder involved in the coated fabrics market.
- Managers within the coated fabrics industry looking to publish recent and forecasted statistics about the global coated fabrics market.
- Government organizations, regulatory authorities, policymakers, and organizations looking for investments in trends of global coated fabrics market.
- Analysts, researchers, educators, strategy managers, and academic institutions looking for insights into the market to determine future strategies
Frequently Asked Questions (FAQ) :
The increased usage of the product in the fabrication of industrial items like as conveyor belts and PTFE tapes can also be contributed to the increase. Furthermore, the industry is likely to profit from an increase in the usage of coated textiles as low-cost alternatives to leather for trimmings and upholstery. Manufacturers are likely to focus on R&D due to factors such as unpredictable raw material prices and severe environmental protection requirements. Furthermore, technical advancements aiming at lowering raw material prices and attaining faster and more efficient production are projected to fuel development.
The sector is very capital demanding, which will be a barrier to new market entrants. The availability of a high number of replacements is predicted to result in purchasers having little negotiating power. Emerging technologies such as plasma coating, nanomaterials, and inkjet deposition, on the other hand, are likely to present the market with good potential.
Polymer coated textiles are predicted to dominate the coated textiles market due to rising demand for airbags in vehicles and protective garments. The expanding automotive manufacturing in Asian nations such as China and India are predicted to drive up demand for polymer coated textiles substantially during the predicted period.
Product Segment
The coated fabric market may be divided into three categories based on product type: polymer, rubber, and fabric backed wall coverings. In 2020, the polymer sector dominated the global market. The segment is expected to grow at a quicker CAGR than the other segments. Polymer coated textiles are extremely fire, water, and abrasion resistant. They are less expensive than other product types. As a result, demand for these coatings is stronger than for others. Factors such as increased demand from transportation, protective apparel, and industrial applications, as well as the adoption of severe government laws demanding the supply of worker safety, are projected to drive the worldwide polymer coated textiles market. Because of its low weight and adaptability to a wide range of coatings, nylon is the most often used coated fabric substrate when compared to its equivalents such as polyester.
Application Segment
The coated fabric market may be divided into transportation, protective apparel, industrial, furniture, and others. In 2020, transportation accounted for the lion's share of the market. Its market share is expected to grow further in the coming years. The transportation segment is likely to grow throughout the projected period due to increased demand for coated textiles in vehicle, airplane, railway, and marine applications. Coated fabric is in great demand in the transportation industry because it is rot-proof, filth and oil-repellent, mildew resistant, water resistant, and UV resistant. In 2020, the others group likewise had an average market share. It includes protective coatings, industrial coatings, and furnishings. The product is utilized in the manufacturing of industrial uniforms, masks, hand gloves, and so on. Industrial employees labor in harsh conditions, thus the uniform they wear must be fireproof, oil repellent, water repellent, and resistant to other dangerous substances. Coated textiles are therefore employed in industrial textiles.
In 2019, Asia Pacific held the largest share of the global coated textiles market, followed by North America and Europe. The region's demand for coated textiles is being driven by the expansion of industries in developing nations such as China and India. High economic growth and considerable expenditures in industries like as oil and gas, automotive, and construction are likely to drive the region's coated fabric market. Increased automotive sales, as well as increased government laws demanding the installation of safety measures, are boosting the coated textiles market in the Asia Pacific region..
Key manufacturers operating in the global coated fabrics market include Omnova Solutions, Takata Corporation, Saint-Gobain, Canadian General Tower, Bo-Tex Sales Co., Mauritzon Inc., ContiTech AG, Isotex S.p.A., and Graniteville Specialty Fabrics.