Friday, February 1, 2019

Increase in Automobile Sales followed by Need of Safety to Drive the Coated Fabrics Market over the Forecast Period: Ken Research

Coated fabrics are woven or non-woven material substrates. These are produced or manufactured by coating the fabric with rubber, polymer or other materials. They are antibacterial, anti-static and antifungal. Some advantages of coated fabrics are enhanced elasticity, resistance to flame, high visibility, weld ability, chemical, stain, scratch, UV radiations, oil, water, and abrasion.

Referring to study, "Global Coated Fabrics Market Size study, by Product (Polymer-Coated Fabrics, Rubber-Coated Fabrics, Fabric-Backed Wall Covering), by Application (Transportation, Protective Clothing, Industrial, Roofing, Awning & Canopies, Furniture & Seating, Others) and Regional Forecasts 2018-2025” some of the key companies that are currently working in the global coated fabrics market are Continental AG, Seaman Corporation, Saint-Gobain S.A., Sioen Industries NV, Mauritzon, Inc., Spradling International PLC, SRF Limited, Trelleborg AB, Low & Bonar (MehlerTexnologies), Serge Ferrari Group, Omnova Solutions Inc., Dickson Constant, Heytex Bramsche GmbH (Earlier Julius Heywinkel GmbH), Cooley Group Holdings, Inc., Isotex, Haartz Corporation, Longteng Biotechnology, Bo-Tex Sales Cor, Canadian General Tower Ltd., Takata Corporation, Wuxi Double Elephant, Endutex Coated Technical Textiles, Industrial Sedo S.L., Obeikan Technical Fabrics Co. Ltd., Coronet SPA, Morbern Inc., Uniroyal Engineered Products LLC., Graniteville Specialty Fabrics, Mount Vernon Mills, Inc.

Based on the product type, the coated fabrics market is segmented into rubber coated fabrics, polymer coated fabrics and fabric backed wall covering. Polymer coated fabrics include Polyethylene (PE) coated fabrics, vinyl coated fabrics and Polyurethane (PU) coated fabrics. Based on the application, the market is segmented into roofing & canopies, transportation (aircraft & automobile), apparel & accessories, temporary tents, cases & bags, industrial (oil & gas construction), furniture & seating, protective clothing (chemical protective clothing and thermal protective clothing) and awning & canopies. The transportation use is estimated to add the significant opportunity in the development of coated fabrics during the forecast period.

The market of coated fabrics is driven by the rising safety measures in the transportation sector followed by implementation of strict regulations on safety, increase in automobiles sales and rapid technology development. Some of the major restraint aspects are the lack of safety compliance, availability of substitutes, disposal or recycling of waste and environmental concerns. In addition, the innovative product development in the protective clothing segment and rapid industrialization in emerging economies are adding to the big opportunities to the market.

Globally, the Asia-Pacific is the leading region of coated fabrics market due to rise in the industries in developing countries such as India and China. The demand of the polymer-coated fabric is high for the major applications due to the superior properties and its resistance to the dirt, oil, UV, and water. Moreover, the demand of the automotive and home furnishing is expected to lead the use of coated fabrics market. The demand for coated fabrics in truck covers, airbags, and seat belt is expected to drive with the increase in demand from the Asia-Pacific region from the major countries such as China, India, Japan, and South Korea to significantly drive the coated fabrics market

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