[201+ Pages Report] According to Facts and Factors, the global coated fabrics market was worth around USD 25,196.5 million in 2021 and is estimated to grow to about USD 31,333.7 million by 2028, with a compound annual growth rate (CAGR) of approximately 3.7% over the forecast period. The report analyzes the coated fabrics market’s drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the coated fabrics market.
Coated fabrics are special fabrics used in multiple industries to create apparel that is designed for specific use. Most coated fabrics are used in industrial sectors where there is high demand for special protective clothing to keep the employees safe from harmful environments and harsh conditions to avoid human life loss.
Increasing industrialization and rising focus on protective clothing are expected to majorly propel the coated fabrics market potential over the forecast period. The coated fabrics market is predicted to be boosted by the increasing implementation of stringent government norms to ensure the safety of workers. However, the adverse environmental impact of chemicals used in coated fabrics is expected to have a hampering effect on the coated fabrics market potential over the forecast period.
The COVID-19 pandemic had a significantly adverse impact on the coated fabrics market. Industrial activity across the world was hampered as lockdowns were imposed and this led to a downfall in the production of coated fabrics as well sales of coated fabrics which were majorly driven by multiple industrial establishments.
Shortage of raw materials, lack of skilled workforce, and, closure of production facilities, are some major restraints that negatively impacted coated fabrics market growth in the year 2020. The coated fabrics market experienced a massive slowdown in this era. The negative trend of the coated fabrics market is expected to diminish as the pandemic subsides and the world returns to normal and industrial activity resumes. The coated fabrics market will rise at a slow CAGR in the post-pandemic era through 2028.
Advancements in fabric technology have led to a substantial increase in demand for protective clothing across the world and this trend is majorly fuelling the coated fabrics market growth over the forecast period. Increasing focus on protection and safety in multiple environments has increased demand for protective clothing all over eth world and this is subsequently driving the demand for coated fabrics as well. Increasing stringent norms to ensure the safety of workers in hazardous environments is also expected to boost the coated fabrics market potential in the long run.
Formulation and production of certain coated fabrics involve the use of harmful and toxic chemicals that are being banned by multiple governments across eth world in a bid to conserve the environment and reduce harmful waste disposal in the world. Fluctuations in the pricing of raw materials are also anticipated to have a hindering effect on the coated fabrics market growth through 2028. These factors will slow down the coated fabrics market growth in the long run.
The global coated fabrics market is segregated based on product, application, and region.
By Product, the market is divided into Polymer-coated Fabric, Vinyl-coated Fabric, PU-coated Fabric, PE-coated Fabric, Others, Rubber-coated Fabric, and Fabric-backed Wall Coverings. The polymer-coated fabric segment will hold a major market share and is projected to see good growth over the forecast period. The demand will especially be driven by use in the automotive and chemical industries.
By Application, the coated fabrics market is segmented into Transportation, Protective Clothing, Industrial, Roofing, Awnings & Canopies, Furniture & Seating, and Others. The transportation segment will hold a dominant share over the forecast period owing to the rising use of coated fabrics in rail and road transportation activities. Stringent mandates will further bolster demand for coated fabrics in this segment through the forecast period.
Report Attribute |
Details |
Market Size in 2021 |
USD 25,196.5 Million |
Projected Market Size in 2028 |
USD 31,333.7 Million |
CAGR Growth Rate |
3.7% CAGR |
Base Year |
2021 |
Forecast Years |
2022-2028 |
Key Market Players |
Continental AG (Germany), Spradling International Inc. (US), Seaman Corporation (US), Saint-Gobain SA (France), Trelleborg AB (Sweden), Sioen Industries NV (Belgium), Serge Ferrari Group (France), Low & Bonar Plc (UK), and OMNOVO Solutions Inc. (US), among others |
Key Segment |
By Product, Application, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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Asia Pacific region will be the largest consumer of coated fabrics and is anticipated to hold a dominant market share over the forecast period. Increasing industrial activity and rising investments in industrial safety are expected to be the prominent trends driving coated fabrics market potential in this region over the forecast period. The developing economies of India and China are expected to be the most lucrative markets in the Asia Pacific region over the forecast period. The coated fabrics market will also be influenced by increasing mandates to ensure worker safety in multiple industries in this region through 2028.
The market for coated fabrics in North America is also expected to have lucrative opportunities owing to the presence of key transportation and industrial sectors that will drive demand for coated fabrics in protective clothing.
Some of the main competitors dominating the global coated fabrics market include -
The global coated fabrics market is segmented as follows:
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