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Global Coated Fabrics Defense Market Insight2022-02-17 Comments
The Coated Fabrics Defense is forecast to fast increase over the next few years.According to the WK-chem Research “Global Coated Fabrics Defense Professional Survey Report 2022, Forecast to 2027”, Coated Fabrics Defense are woven or non-woven textile substrates that are manufactured by coating or laminating the fabric with polymer, rubber, or other materials. They are anti-static, antibacterial, and anti-fungal and offer advantages such as enhanced elasticity, high visibility, weldability, and resistance to flame, UV radiation, chemical, oil, water, stain, scratch, and abrasion, among others. Coated Fabrics Defense have found widespread applications in the transportation, protective clothing, industrial, furniture & seating, roofing, awnings & canopies, and others including wall coverings, agriculture, geotextiles, medical, sports & leisure, and packaging. The compound annual growth rate (CAGR) for the 2022-2027 period is projected to be 4.0 % base on WK-chem Research regression analysis modl.
“The coated fabric defense market is highly saturated and difficult for new manufacturers to enter. It is recommended that new entrants gain a firm foothold in the market through strategies such as research and development of new products and new technologies, as well as mergers and acquisitions. In order to achieve the purpose of expanding market share.” Said Lisa , Senior analyst, Chemical industry Market Research Center in WK-chem Research.
Protection against hazardous biological and chemical materials is mandatory in everyday work life and can be provided by the selection of proper protective clothing. Rapid industrialization owing to heavy investments in the manufacturing industry coupled with stringent government norms by OsHA and NiosH regarding he usage of protective gears shall drive the overall protective clothing market demand. Features, such as flexibility at low temperature, resistance to high impact and high weather enables the usage of polyurethane coated fabric in manufacturing of high altitude protective clothing, fire retardant apparels, and chemical protective clothing (CPC). This, in turn, is expected to bolster the overall coated fabric market growth in protective clothing industry. Rise in per-capita disposable income along with growing global automotive production may propel the demand for polymer coated fabric which is mainly used in automotive soft tops, seat covers, upholstery, interiors of light vehicles, and airbags. Companies are developing recyclable coated fabric for airbags which, in turn, shall fuel the automotive industry.
Environmental Concerns May Restrict Market Growth. Fluctuations in the prices of raw materials and environmenta concerns are the key factors hampering the coated fabric market revenue. Fabrics are made up of nylon, polyester, rayon, cotton, and wool, where different fabrics have different impacts. Nylon and polyester are made from petrochemicals, which are non- biodegradable and inherently unstable. Polyester production requires harmful chemicals, including carcinogens, and if emitted to air and water and left untreated, can cause environmental damage.
This WK-chem Research market report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading Coated Fabrics Defense companies that include Continental AG, Spradling International Inc., Seaman Corporation, Saint-Gobain SA, Trelleborg AB, Sioen Industries NV, Serge Ferrari Group, Low & Bonar Plc, and OMNOVO Solutions Inc.
Segmentation of Coated Fabrics Defense Market:
Based on product, the Coated Fabrics Defense market has been segmented into Polymer, Rubber and Fabric-backed wall coverings. The polymer-Coated Fabrics Defense segment is projected to lead the Coated Fabrics Defense market, in terms of value and volume, during the forecast period. The demand for polymer-coated fabric is very high in various applications due to its superior properties such as resistance to dirt, oil, UV, and water. Moreover, the rising demand for automotive upholstery and home furnishing is driving the polymer-Coated Fabrics Defense market. Some of the other applications of polymer-Coated Fabrics Defense are temporary tents, awnings, canopies, seat upholstery, and protective clothing. Based on application, the Coated Fabrics Defense market has been segmented into Transportation, Protective Clothing, Industrial, Awnings, Roofing & Canopies, Furniture & Seating, Others. The transportation segment is projected to lead the Coated Fabrics Defense market, in terms of value, during the forecast period. This growth is attributed to the increasing use of polymer- and rubber-Coated Fabrics Defense in various transportation applications. Coated Fabrics Defense are majorly used for a wide range of automotive applications such as interior, exterior, airbags, seatbelt, and covers.
Coated Fabrics Defense Market: Regional Analysis
In terms of geography, the Global Coated Fabrics Defense Market is classified into Asia Pacific, Europe, North America, the Middle East & Africa, and South America. Asia Pacific is the largest Coated Fabrics Defense market, globally, due to massive industrial growth and rapid urbanization in key countries such as China and India. The increasing demand from the transportation, protective clothing, and industrial applications is driving the Coated Fabrics Defense market in Asia Pacific. China, Japan, and South Korea are the major countries driving the Coated Fabrics Defense market in Asia Pacific. Environmental concerns relating to the usage of solvents in Coated Fabrics Defense production and availability of substitutes are the major restraints in the Coated Fabrics Defense market.
Cagr: 4.0 %
Largest share area：Asia Pacific
Largest share country：China
Product Type：Polymer, Rubber and Fabric-backed wall coverings
Application：Transportation, Protective Clothing, Industrial, Awnings, Roofing & Canopies, Furniture & Seating, Others
Leading Company：Continental AG, Spradling International Inc., Seaman Corporation, Saint-Gobain SA, Trelleborg AB