- Coated fabrics refer to stitched or non-stitched substrate textiles. They are crusted or smeared with rubber or plastics, amidst others. Coated fabrics provide benefits, like water resistance andgreater flexibility. These benefits work in support of the coated fabrics market and steer further demand for the same. Coated fabrics are also utilized across different application sectors. These sectors include protective clothing, conveyance, healthcare, furniture, roofing, etc. Escalated demand for coated fabrics in these sectors is also likely to propel the sales of the coated fabrics market.
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The worldwide market is estimated to achieve a size of around USD 22, 576 million in relation to income by 2020. Coated fabrics are predicted to experience fast growth in the future. This is on account of product advancements and optimistic stance on application sectors.Further expansion in the industry of automotives is also anticipated to drive the demand for the coated fabrics market through the forecast phase. Surging demand for protective clothing in the industries of cultivation, food processing and chemical processing is also projected to raise the sales of the coated fabrics market.
Coated fabrics also have other featureswhich work in favor of the market. These include lack of glueyness, enhanced insulation and heat management characteristics and capability to drape. Some of the consumer products across which coated fabrics find use are upholstery, clothing, air bags, tents, clothing and tarpaulins. Accentuating demand for coated fabrics in these products also steers the coated fabrics marketforward.Two other significant drivers of the market include swift technological developments and rising urbanization.
Additionally, the growing sales of motor cars in the developing nations of China, Brazil and India arereported to drive further demand for the coated fabrics market. Amplified demand for coated fabrics in the region of Asia Pacific owes to intensified population and rising disposable earnings. Augmentation in the lifestyles of the Chinese population also steers the Asian Pacific coated fabrics market ahead. One of the primary factors preventing further market development is boosting consciousness regarding ecological issues.
Apart from this, the presence of alternatives, like leather, plastics and uncoated fabrics also obstructs the market and slows down its flow.The coated fabrics market is divided in view of three categories. These are products, applications and geographies.
Polymersdominated the market in 2014. They captured a share of around 86 percent. Boosting demand for coated fabrics in the sectors of protective clothing, conveyance and industrial is expected to drive further growth of the polymers coated fabrics market in the coming years.
Transportation leaded the coated fabrics market in 2014. It is predicted to remain likewisein the years to come. Protective clothing is anticipated to be the most swiftly developing sector in the future.
Asia Pacific leaded the worldwide market in 2014. The region occupied 45 percent of the overall share with regard to income. North America is the second biggest client base of the market.The upcomingcoated fabrics market relies intensely onthe performance of Eastern Europe and Asia Pacific.
Information Source: Grand View Research
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