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2019-12-23
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Global
Coated fabrics market is growing at a CAGR of 4.20% during the forecast period 2017-2025. This has opened up new dimensions to the technical textiles industry. The increasing demand of coated fabrics majorly from the automotive & construction sectors has led to hiking growth of the market. The market is also largely impacted by the raw material cost, economic development, manufacturing output, crude oil based polymers cost & supply and global low price competition especially from China. Thus the coated fabric manufacturers are looking out for new possibilities to gain higher profit margins even if there low production or supply volumes.
Coated fabrics market is dominated by the coated polyester fabrics, such that it acquires nearly 40% market share of total. Coated polyester fabrics demand is highest from the furniture industry and automotive industry, for its low priced & versatility. Further by geography, Asia Pacific region is estimated to have leading market share in global coated fabrics market.
Goldstein Research analyst forecast that the global coated fabrics market is anticipated to grow at a CAGR of 4.20% during the forecast period (2017-2025), to reach a market size of nearly USD 35.00 billion by the end of 2025.
By Polymer Coated
By Rubber Coated
The global coated fabrics market report discusses the growth drivers, growth opportunities, market restraints, and the risk factors impacting the growth of the industry. The report also analyzes the movement of coated fabrics market based on the production, demand & supply trends.
Key Players Covered in this Global Coated Fabrics Market Report
The report comprises of detailed competitive outlook. It includes the major manufacturers of coated fabrics, their business strategies, financial analysis, SWOT analysis, business segmentation based on distribution channel, geographical presence & consumer profile. The competitive outlook also includes the market share of each player.
Factors Covered in Global Coated Fabrics Market Outlook, 2017-2025 :
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