The global coated fabrics market size was valued at USD 20.52 billion in 2017. The market is witnessing windfall gains owing to its superior properties including high elasticity, superior water resistance, better insulation, the absence of stickiness, and thermal management properties.

                Global Coated Fabrics Market Volume and Value, 2015-2025 (Million Square Meters) (USD Billion)

Coated fabrics are composite materials made by the use of bonding agents on either or both sides of the fabric substrate and are precisely coated with different compounds depending on the end application. The final product is solid and flexible after coating and cure. It is washable, durable and much stronger than uncoated fabrics. Polyethylene, polyvinylchloride, polyurethane, polypropylene, and acrylic among others are the different polymers used on coated fabrics. Rubber coated fabrics include silicone rubber coated fabrics and polychloroprene among others.

Nanotechnology is an interdisciplinary technology and one of the latest coated fabrics market trends that are increasingly seen as a new industrial revolution. Nanotechnology (NT) covers materials of length from 1 to 100 nm. Nanotechnology attracts increasing attention around the world because it is widely perceived to offer enormous potential for a wide range of end uses. The most common use is to make a material superhydrophobic or totally repellent for water and oil. This also provides a secondary benefit to prevent the accumulation of water, a source of food for bacteria and fungi, and to prevent growth in the protected area. Nanocoatings also constitute a protective barrier to delicate surfaces that prevent scratches and other environmental hazards. The technological advances in nanotechnology resulting from extensive R&D activities are expected to revolutionize the global coated fabrics market.

Polymer was the fastest growing segment among the key coated fabrics product types, for which the demand was 3,467.2 million square meters in 2017. The demand for polymer coatings is high because it contributes to the abrasion resistance and prevents the penetration of dust, gas or liquid. They are also antibacterial, anti-fungal and anti-static in nature and offer advantages such as high visibility, weldability, increased elasticity & flame resistance, UV radiation, chemistry, oil, water, stain, abrasion, among others. The global polymer coated fabrics market is projected to witness high growth owing to its increasing usage in various applications such as airbags, seat belts, interior, exteriors, truck tarpaulin & covers, boat seating, boat topping, kayaks, and rafts. However, polymers are non-recyclable, and therefore, when residues of polymer coating are burned or disposed of, toxic emissions can cause serious harm to the environment and to humans.

                                   Global Coated Fabrics Market Share, by Application, 2017 (%)

Transportation emerged as the dominant segment constituting more than 35% of the volume and revenue share in 2017 in the global coated fabrics market. The increasing application of polymer-coated fabrics in the aircraft, automobile, railways, and marine applications is the key driving factor behind the growth of this segment. The global automotive industry is moving to a new era and it is likely to become as powerful as having a potential to change the power poles. With the increasing dominance of autonomous and connected vehicles, new technology companies will lead to a new era in the automotive industry. Increasing automobile sales in emerging countries like India, China and Brazil are expected to drive the market for coated fabrics, which are mainly used in airbags. In 2017, the Indian passenger car market achieved a new feature by bringing Germany to fourth place in the world in terms of volume. By 2020, it is expected to become the third biggest. This is expected to be the major contributor to the growth of the global coated fabrics market size during the forecast period. Additionally, the global textile coatings market is expected to offer lucrative opportunities in the coming years on account of ongoing innovations in the fabric segment.

The U.S. coated fabrics market is likely to hold the most potential in the global market. Asia Pacific accounted for 47.3% of the revenue share in 2017 in the global coated fabrics market. Increasing demand for cars and rising infrastructure development are the major coated fabrics market trends in the region. China and India are some of the key countries that are likely to witness the aforementioned coated fabrics market trends. The demand for coated fabrics in furniture, anvils, wall coverings, and canopies is expected to benefit from renewed construction activities in Asia Pacific. The increase in automobile production is expected to augment the demand for airbags, thereby, driving the growth of coated fabrics in the region. The increasing safety regulations in countries India will act as another growth factor during the forecast period. For instance, the Ministry of Road Transport of the Union of India approved the installation of compulsory airbags in all cars with effect from July 01, 2019. Such regulatory norms will further drive the demand for coated fabrics. Other factors, such as higher consumer spending coupled with increased use of furniture and home decoration, especially in emerging economies, will boost the coated fabrics market size in the region.

The global coated fabrics market is highly fragmented owing to the presence of a large number of global and regional players. Companies including OMNOVA Solutions Inc., ContiTech AG, Mauritzon, Inc., Saint-Gobain S.A., Canadian General Tower, Sioen Industries NV, Graniteville, SRF Limited, Spradling International, Inc., Low & Bonar, and Highland Industries are some of the key players operating in the market among others. Companies are investing in research & development activities and introducing new products to keep up with the changing consumer needs. For instance, SRF Limited has R&D facilities and an indigenous team of scientists and technologists, that enables the company to remain committed to working towards improving the quality of people through better products and services.

Key segments of the Global Coated Fabrics market

Product Overview, 2015-2025 (Million Square Meters) (USD Million)

• Polymer
• Rubber
• Fabric backed wall coverings

Application Overview, 2015-2025 (Million Square Meters) (USD Million)

• Transportation
• Protective Clothing
• Industrial
• Furniture
• Others

Regional Overview, 2015-2025 (Million Square Meters) (USD Million)

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific
  • India
  • Japan
  • China
  • Australia
  • Rest of APAC
• Rest of the World

Key Players analysed in the report include

• OMNOVA Solutions Inc.
• ContiTech AG
• Saint-Gobain S.A.
• SRF Limited
• Spradling International, Inc.
• Others

Reasons for the study

• The purpose of the study is to give an exhaustive outlook of the global coated fabrics market
• While studying the market, we observed that polymer segment is projected to grow at the fastest rate owing to its enhanced elasticity, high visibility, weldability, and resistance to flame, UV radiation, chemical, oil, water, stain, scratch, and abrasion.
• The Global coated fabrics market has been mainly driven by the its widening applicability
• The transportation segment is projected to witness growth in the coming years due to the increasing usage of polymer coated fabrics in the automobile, aircraft, railways, and marine applications.

What does the report include?

• The study on the global coated fabrics market includes qualitative factors such as drivers, trends, and opportunities.
• Additionally, the market has been evaluated using the value chain analysis and Porter’s Five Forces’ analysis.
• The study covers qualitative and quantitative analysis of the market segmented on the basis of product and application.
• The report provides a deep-dive data analysis for all the application.
• Actual market sizes and forecasts have been provided for all the above-mentioned segments.
• The study includes the profiles of key players in the market with a significant global and/or country presence.

Who should buy this report?

This study is suitable for industry participants and stakeholders in the global coated fabrics market, who want an in-depth insight into the movement of the global coated fabrics market. The report will benefit:

• Executives of global coated fabrics companies that are engaged in the fabrics manufacturing and servicing
• Managers within financial institutions looking to publish recent and forecasted statistics pertaining to global coated fabrics market
• Venture capitalists and investors looking for more information on the future outlook of the global coated fabrics market
• Government organizations, regulatory authorities, policymakers and financial organizations looking for innovative solutions for manufacturing coated fabrics
• Analysts, researchers, educators, strategy managers, and academic institutions looking for insights into the market to determine future strategies