Thursday, August 27, 2020

Coated Fabrics Market Applications and Business Strategy, Forecast 2020

 

Global Coated Fabrics Market strategic research study offers company accounts, industry investors, and industry members with consequential insights to enable them to make reliable strategic decisions regarding the opportunities in the global market.

 

In this report, we thoroughly examine and analyse the Global market for Coated fabrics so that market participants can improve their business strategy and ensure long-term success. This report provides players with useful information and suggests result-based ideas to give them a competitive advantage in the global Coated fabrics industry. It will show how other players compete in the global Coated fabrics Market and explain the strategies you use to differentiate yourself from other participants.

 

This Research Report Answers the Following Questions:

·         How Coated fabrics market will grow in the coming year?

·         Will the COVID-19 pandemic surge the demand for such platforms?

·         How are key companies planning to promote benefits of Coated fabrics?

·         What are the industry growth drivers, obstacles, and dynamics?

·         Which segment is expected to lead in the coming years?

 

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The global coated fabrics market is expected to value at USD 22.6 billion in the forthcoming period. The market is driven by factors such as rise in production of military wear and rise in protective clothing. In addition, growing number of industries along with infrastructure development leading to economic progress in certain geographical regions. Growth opportunities along with benefits such as low-cost alternative leather for upholstery and trims coupled with emerging technologies such as nanomaterials, plasma coating, and inkjet deposit are likely to contribute to the market growth in the forecast period. However, volatile prices, stringent environmental regulations are likely to curb the market growth in the forecast period. Overall, the coated fabrics industry is expected to gain a CAGR of 4.6% in the forthcoming period.

 

The coated fabrics industry is segmented into product, application, and region. Application segment is further categorized into protective clothing, transportation, industrial, and furniture. Transportation segment accounts for a major share in the coated fabrics market growth due to extensive demand for automobile clothing. Geographical segmentation for coated fabrics industry includes North America, South America, Europe, Asia-Pacific, Middle East and Africa. Asia-Pacific’s market is likely to gain a significant growth in the forthcoming period due to rise in government initiatives against pollution. In addition, rising investment in oil & gas, chemical & manufacturing, automotive, and infrastructure is likely to contribute to the market growth of APAC sector.

 

North American coated fabrics market is expected to witness a boom in the forthcoming period owing to lucrative opportunities and untapped market potential. In addition, rise of automation in manufacturing sector coupled with rise in skilled workforce is expected to add to the market growth in the U.S. region.

 

The key players in the coated fabrics industry include OMNOVA Solutions, Spradling International, Saint Gobain, TakataTrelleborg, Conti Tech, Cooley, Dickson, Canadian General Tower, Haartz, HeytexGruppe, Morbern, Low & Bonar, Obeikan Technical Fabrics, SeamanSioen Industries, and Uniroyal Engineered Products.

 

Market Segment:

 

Coated Fabric Product Outlook (Volume, Million Square Meters; Revenue, USD Million; 2012 - 2020)

    • Polymer coated fabric

    • Rubber coated fabric

    • Fabric backed wall coverings

 

Coated Fabric Application Outlook (Volume, Million Square Meters; Revenue, USD Million; 2012 - 2020)

    • Transportation

    • Protective Clothing

    • Industrial

    • Furniture

    • Others

 

Coated Fabric Regional Outlook (Volume, Million Square Meters; Revenue, USD Million; 2012 - 2020)

    • North America

    • Europe

    • Asia Pacific

    • Rest of the World

 

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