Coated Fabrics Market SWOT Analysis and Opportunity and Forecast To 2028
The coated fabrics market is estimated to reach a value of USD 36.96
billion by 2028 and is expected to grow at a compound annual growth rate of
4.65% for the forecast period of 2021 to 2028.
Data Bridge Market Research report on coated fabrics market provides
analysis and insights regarding the various factors expected to be prevalent
throughout the forecasted period while providing their impacts on the market’s
growth.
The increase in safety measures in the
transportation application is likely to influence the growth of the coated
fabrics market. In line with this, the strict regulatory requirements for
workers’ safety driving the protective clothing segment is also expected to act
as a key determinant which will favor the growth of the coated fabrics market
over the forecast period of 2021 to 2028. Furthermore, the rapid technological
innovations aimed at the lessening of raw material prices and achieving faster
and efficient production and rapid industrialization coupled with
infrastructure development are also expected to positively impact the growth of
the coated fabrics market. The major factor which is expected to forward the
growth of the market is the rapid increase in the investment in construction
and infrastructure, oil and gas, automotive, chemical and manufacturing
industries associated with notable economic development.
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Market Analysis and
Insights
Coated Fabrics is utilized for biodegradable based
food products, concentrating to increase shelf-life and raise moisture
retention of the products. This is selected in various invocations, in addition
to fruits and vegetables, bakery and confectionery, ready-to-eat packet
meals and meat and seafood packaging. Governing key participants in the market
to have approving on their obvious position and have been providing in the
long-term stock agreements with key food makers. Substitute for Coated
Fabrics, strict environmental administrations related to plastic manufacturing,
concerns in relation to the recovering of materials utilized in
micro-perforated packaging, growing cost of packaging and increasing knowledge
about renewable and environmental friendly packaging are few of the factors
that are most likely estimated to become a hindrance to the growth of the
Coated Fabrics market. The need for Coated Fabrics is considerably increasing
due to the growing population intensifying need for fresh food. In addition,
increasing disposable income in advancing countries is boosting the growth of
the Coated Fabrics market.
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Coated Fabrics
Market Scope
The coated fabrics market is segmented on the basis of product
type and application. The growth amongst the different segments helps you in
attaining the knowledge related to the different growth factors expected to be
prevalent throughout the market and formulate different strategies to help
identify core application areas and the difference in your target markets.
- Based on product type, the coated fabrics market is
segmented into polymer-coated fabrics, rubber-coated fabrics and
fabric-backed wall coverings. Polymer-coated fabrics have further been
segmented into vinyl-coated fabrics, pu-coated fabrics, pe-coated fabrics
and other polymer-coated fabrics.
- The application segment for coated fabrics market is
segmented into transportation, protective clothing, industrial, roofing,
awnings and canopies, furniture and seating and others.
Competitive Landscape and Coated Fabrics
Market Share Analysis
The coated fabrics market competitive landscape
provides details by competitor. Details included are company overview, company
financials, revenue generated, market potential, investment in research and
development, new market initiatives,
presence, production sites and facilities, production capacities,
company strengths and weaknesses, product launch, product width and breadth,
application dominance. The above data points provided are only related to the
companies’ focus related to coated fabrics market.
The major players
covered in the silicon nitride market report are
Continental AG,
Sioen Industries NV, Saint-Gobain Performance Plastics, Trelleborg Group,
SergeFerrari Group, Low & Bonar, SRF Limited, OMNOVA Solutions Inc.,
SPRADLING GROUP, Cooley Group Holdings, Inc., Bo-Tex America, Mauritzon,
Inc., Graniteville, Santex Rimar Group, ENDUTEX COATED TECHNICAL
TEXTILES, The Haartz Corporation, Heytex Gruppe, Morbern Europe,
Obeikan Investment Group, and Uniroyal
Engineered Products Inc., among other domestic and players
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