Global Coated Fabrics Market Size, Share, and COVID-19 Impact Analysis, By Product (Polymer Coated Fabric, Rubber Coated Fabric, Fabric Backed Wall Coverings), By Application (Transportation, Protective Clothing, Industrial, Furniture, Others), by Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2022 - 2032.
Industry: Chemicals & MaterialsGlobal Coated Fabrics Market Insights Forecasts to 2032
- The Coated Fabrics Market Size was valued at USD 22.6 Billion in 2022.
- The Market Size is Growing at a CAGR of 7.1% from 2022 to 2032
- The Worldwide Coated Fabrics Market Size is expected to reach USD 35.7 Billion by 2032
- North America is expected To Grow the fastest during the forecast period.
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The Global Coated Fabrics Market Size is expected to reach USD 35.7 Billion by 2032, at a CAGR of 7.1% during the forecast period 2022 to 2032.
In order to make the material endure longer and be resistant to dust, water, oil, and other liquids, coated fabrics are the type of fabric that has been covered, coated, or treated with different materials like rubber, varnish, lacquer, and thermoplastic coatings. These coated fabrics are made from pile and smooth materials, and occasionally porolon is added to make them softer.
Global Coated Fabrics Market Report Coverage
Report Coverage | Details |
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Base Year: | 2022 |
Market Size in 2022: | USD 22.6 Billion |
Forecast Period: | 2022-2032 |
Forecast Period CAGR 2022-2032 : | 7.1% |
2032 Value Projection: | USD 35.7 Billion |
Historical Data for: | 2018-2021 |
No. of Pages: | 200 |
Tables, Charts & Figures: | 100 |
Segments covered: | By Product, By Application, by Region. |
Companies covered:: | 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, Uniroyal Global Engineered Products Inc. |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis |
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Key Market Drivers
Protection against chemical materials and dangerous biological chemical materials in daily work life and cane be offered by the selection of proper protective clothing. Apart from this, fastest industrialization due to the heavy investments done in the manufacturing segment along with the stringent government regulation by the NIOSH and OSHA related to the use of protective gears which will propel the demand of the protective clothing market. Certain features like resistance to high impact, flexibility at low temperature, and high weather helps the use of polyurethane coated fabric is manufacturing of high altitude protective clothing, chemical protection clothing, and fire retardant apparels. This has resulted in the rise in the growth of the global coated fabrics market. Chemical protective clothing is extensively used for defence against chemical and physical hazards. It is also used to safeguards the whole body against poisonous chemicals which manifest their effect by absorption through skin.
The automotive coated fabric is highly used in vehicles in order to improve the appearance and feel of the its interior. The materials which are used to process or coat the fabric are rubber, PVC, plastics, lacquer, and oil finishes. In addition, the rising per capita disposable income with increasing global automotive production may drive the demand for the polymer coated fabric which is used in seat covers, automotive soft tops, airbags, and upholstery.
Key Market Challenges
The fluctuations in the raw material prices as well as environmental concerns are the primary factors which are affecting the global coated fabric market revenue. Fabrics are made of polyester, nylon, cotton, rayon, and wool where various fabrics have different impacts. Polyester and nylon are made from petrochemicals which are inherently unstable and non biodegradable. The production of polyester needs harmful chemicals such as carcinogens and if it is emitted to water and air and left untreated, this can cause environmental damage.
Market Segmentation
Product Insights
The polymer coated fabrics segment dominates the market with the largest market share over the forecast period
On the basis of product, the global coated fabrics market is segmented into polymer coated fabrics, rubber coated fabrics, and fabric wall backed wall coverings. Among these, the polymer coated fabrics segment dominates the market with the largest market share over the forecast period. The growth is attributed to the surging demand for airbags in automobiles coupled with increasing demand for protective clothing. The market demand for polymer-coated fabrics is expected to rise significantly over the forecast period owing to the increasing automobile production in Asian countries such as China and India.
Rubber coated fabrics segment holds the second largest share over the forecast period. The demand for the rubber coated fabric in this industry is increasing by certain factors like the rising level of industrial activity, regulations related to the safety of the worker, technological advancement and environmental impact. Apart from this, the increasing focus on eco friendly policies and sustainability are propelling the market growth.
The fabric backed wall covering segment, on the other hand is anticipated to witness the fastest market growth over the forecast period. The growth is attributed to the increasing focus on eco friendliness and sustainability. Various manufacturers are using recycled rubber and other sustainable materials in order to create rubber coated fabrics which reduces their environmental impact.
Application Insights
Transportation segment holds the highest market share over the forecast period
Based on the application, the global coated fabrics market is segmented into transportation, protective clothing, industrial, furniture, and others. Among these, the transportation segment holds the highest market share over the forecast period. The increasing demand for coated fabrics in the transportation sector is explained by the increase in automobile sales in recent years along with the development of rail as well as road transport.
The protective clothing segment holds the second largest share over the forecast period. The rise of industrialization and the efforts made by the governments of China and India to enforce safety regulations regarding protective clothing are anticipated to have a positive impact on the expansion of the coated fabrics industry in the foreseeable future.
The industrial segment, on the other hand is witnessing the fastest market growth over the forecast period. The utilization of coated fabrics in industrial settings is experiencing a notable surge in demand, particularly for the production of industrial curtains used to partition various sections within factories or warehouses. These curtains are favored due to their ability to withstand chemicals, dust, and other potential environmental risks. Additionally, coated fabrics find application in the manufacturing of seals and gaskets for industrial equipment. As a result, a significant growth rate is anticipated for the demand of coated fabrics in this specific application.
Regional Insights
Asia Pacific region accounted the largest market share over the forecast period
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Asia Pacific region is dominating the market with the largest market share over the forecast period. The growing utilization of coated fabrics in the manufacturing of household furniture is projected to enhance the demand for these materials across various applications. Additionally, the Asia Pacific region is expected to witness the highest growth rate in the coated fabrics industry, largely driven by the expanding automotive manufacturing sector in the region.
Europe region holds the second largest market share over the forecast period. The substantial growth and demand for coated fabrics in both regions can be largely attributed to these factors. Furthermore, the presence of numerous prominent vehicle manufacturers in Europe serves as a primary driving force behind the market's expansion.
North America, on the other hand is anticipated to witness the fastest market growth over the forecast period. In North America, the increasing oil and gas activities, coupled with strict FDA regulations, have significantly bolstered the use of protective clothing applications. This trend is expected to have a substantial impact on the demand for coated fabrics in the region. Moreover, the presence of major automobile manufacturers in North America is a key driver for the growth of the coated fabrics industry in this area.
Recent Market Developments
- In April 2021, TechStyles which is a division of South Carolina based AFF group launched a new product to solve various challenges before the industry like longer lead times, availability of product, increasing costs, higher minimums, and inconsistent quality.
- In March 2021, Spartanburg based AFF TechStyles has designed TechArt digitally printed coated fabric.
- In August 2020, Muse Nanobots, an Indian tech start up has introduced a nanotech coating for the textiles which claims can inactivate Coronavirus within 5 minutes of contact.
List of Key Companies
- 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
- Uniroyal Global Engineered Products Inc.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2019 to 2032. Spherical Insights has segmented the global Coated Fabrics Market based on the below-mentioned segments:
Coated Fabrics Market, Product Analysis
- Polymer Coated Fabrics
- Rubber Coated Fabric
- Fabric Backed Wall Coverings
Coated Fabrics Market, Application Analysis
- Transportation
- Protective Clothing
- Industrial
- Furniture
- Others
Coated Fabrics Market, Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of Middle East & Africa
Frequently Asked Questions (FAQ)
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1. What is the Market size of Coated Fabrics Market?The Global Coated Fabrics Market Size is expected To Grow from USD 22.6 Billion in 2022 to USD 35.7 Billion by 2032, at a CAGR of 7.1% during the forecast period 2022-2032.
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2. Who are the key Market players of Coated Fabrics Market?Some of the key Market players of 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 Global Engineered Products Inc
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3. Which segment hold the largest Market share?Transportation segment hold the largest Market share is going to continue its dominance.
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4. Which region is dominating the Coated Fabrics Market?Asia Pacific is dominating the Coated Fabrics Market with the highest market share.
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