Coated Fabrics Market projected to reach $29.14 billion by 2023
Coated Fabrics Market, by Region, 2023 © MarketsandMarkets™
The report "Coated Fabrics Market by Product (Polymer, Rubber and Fabric-backed wall coverings), Application (Transportation, Protective Clothing, Industrial, Awnings, Roofing & Canopies, Furniture & Seating) and Region - Global Forecast to 2023", The coated fabrics market is projected to grow from USD 23.93 billion in 2018 to USD 29.14 billion by 2023, at a CAGR of 4.0%.
Browse 169 market data Tables and 30 Figures spread through 167 Pages and in-depth TOC on "Coated Fabrics Market - Global Forecast to 2023"
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The rising safety measures in the transportation application and the stringent regulatory requirements for workers’ safety are expected to drive the coated fabrics market, globally.
Based on product, polymer-coated fabric to be the largest market, in terms of value, between 2018 and 2023
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 expected to drive the polymer-coated fabrics market. Some of the other applications of polymer-coated fabrics are temporary tents, awnings, canopies, seat upholstery, and protective clothing.
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Based on application, the transportation segment is projected to lead the coated fabrics market, in terms of value, during the forecast period
Transportation is estimated to be the largest application of coated fabrics during the forecast period. The high demand for coated fabrics in seating upholstery, truck covers, airbags, and seatbelt is expected to drive the market in the transportation application during the forecast period.
APAC is expected to be the largest coated fabrics market during the forecast period
The APAC coated fabrics market is projected to register the highest CAGR, in terms of value, between 2018 and 2023. Growth in the region is backed by 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 market in APAC. The major countries driving the coated fabrics market in APAC are China, India, Japan, and South Korea.
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Some of the key players in the coated fabrics market include 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).
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Browse 169 market data Tables and 30 Figures spread through 167 Pages and in-depth TOC on "Coated Fabrics Market - Global Forecast to 2023"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/coated-fabric-market-64354822.html
The rising safety measures in the transportation application and the stringent regulatory requirements for workers’ safety are expected to drive the coated fabrics market, globally.
Based on product, polymer-coated fabric to be the largest market, in terms of value, between 2018 and 2023
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 expected to drive the polymer-coated fabrics market. Some of the other applications of polymer-coated fabrics are temporary tents, awnings, canopies, seat upholstery, and protective clothing.
Request FREE Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=64354822
Based on application, the transportation segment is projected to lead the coated fabrics market, in terms of value, during the forecast period
Transportation is estimated to be the largest application of coated fabrics during the forecast period. The high demand for coated fabrics in seating upholstery, truck covers, airbags, and seatbelt is expected to drive the market in the transportation application during the forecast period.
APAC is expected to be the largest coated fabrics market during the forecast period
The APAC coated fabrics market is projected to register the highest CAGR, in terms of value, between 2018 and 2023. Growth in the region is backed by 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 market in APAC. The major countries driving the coated fabrics market in APAC are China, India, Japan, and South Korea.
Speak to Our Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=64354822
Some of the key players in the coated fabrics market include 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).
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: newsletter@marketsandmarkets.com
Connect with us on LinkedIn: http://www.linkedin.com/company/marketsandmarkets