Global Coated Fabrics Market is Expected to Reach US$ 21.6 Bn by 2020: Future Market Insights

Coated Fabrics Market: Global Industry Analysis and Opportunity Assessment 2014 – 2020
Amongst the above mentioned applications, transportation accounted for almost 34% of the total revenue generated worldwide. This can be attributed to flourishing automobile industry in the world. Polymer coated fabrics are followed by cumulative contribution of small applications like clothing, flags & banners, roofings etc.

Future Market Insights (FMI), in its latest report titled, “Global Coated Fabrics Market Analysis and Opportunities Assessment, 2014-2020”, reveals that the global coated fabrics market accounted for US$ 17.3 Bn in 2014. The market is estimated to reach US$ 21.6 Bn by 2020, exhibiting a CAGR of 3.7% during the forecast period.

Market segments

The global coated fabrics market mainly covers applications, regions and product type. By Application type, the global coated fabrics market is segmented into transportation, Industrial, protective clothing, furniture, commercial tents, and others. Amongst all the applications, transportation accounted for 34% of overall market share in 2014 and is expected to exhibit a CAGR of 3.7% over the forecast period, followed by Industrial and other applications

Browse Full Report at:

Region-wise, Asia-Pacific is projected to dominate the coated fabrics market through the forecast period, exhibiting a CAGR of 4.1% over the forecast period, followed by North America and Western Europe. The growth is attributed to growing automobile and industrial sectors.                                                                                             

By product type, polymer coated fabrics segment accounted for approximately 87% of total revenue market share in 2014 and is anticipated to hold a significant revenue share by 2020, displaying a CAGR of 3.6% over the next five years. Furthermore, rubber coatings and other segment are expected to demonstrate a significant growth in the near future.

Market Drivers

The Coated fabrics are widely used in end user industries include transportation due to its various features such as elasticity, water resistance, and ability to drape. Increasing government regulations about health and safety of employees at the workplace, and growing automobile sector in APAC are other factors, driving the global coated fabrics market.

Competitive Landscape

Report profiles top 10 players in Coated Fabric marketplace which include 3M, Valspar Corporation, Saint-Gobain S.A., Sherwin-Williams, Bayer AG, AkzoNobel, PPG industries, Nippon Paints Co. Ltd., BASF coatings AG, and Dupont Coatings & Color Technologies Group. Currently, the key focus of the major players in the global coated fabrics market is on mergers and acquisitions to expand their geographical presence and customer base. Recently, the coated fabric market witnessed a major collaboration between International Apparel Federation (IAF) and Bayer AG aiming at improving innovations in apparel and footwear industry.

Request Sample:

About Us

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.

Our research services cover global as well as regional emerging markets such as GCC, ASEAN, and BRICS. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare, and Retail. FMI’s operating model blends cross-disciplinary research experience to deploy in-depth, insightful and actionable research.

Media Contact
Company Name: Future Market Insights
Contact Person: Christina Johnson
Email: Send Email
Phone: +1-347-918-3531
Address:616 Corporate Way, Suite 2-9018
City: Valley Cottage
State: New York
Country: United States