Global Polymer Coated Fabrics Market is valued approximately USD $ billion in 2021 and is anticipated to grow with a healthy growth rate of more than $ over the forecast period 2022-2028. Polymer coated fabrics are synthetic materials. Further, on these fabrics coatings of different polymers like polyurethane, polyethylene, etc. are applied. Polymer coated fabrics widely used in transportation and protective equipment segments due to their waterproof, UV resistant, abrasion and durable properties.
Growing transportation industry and rising adoption of protective equipment’s in end use industries are key drivers for the growth of Polymer Coated Fabrics market. For instance, according to India Brand Equity Forum (IBEF)- in Union Budget 2021, the government has allocated the infrastructure USD 32.02 billion to enhance the transport infrastructure. The government has expanded the ‘National Infrastructure Pipeline (NIP)’ to 7,400 projects. Approximately 217 projects worth USD 15.09 billion were completed as of 2020.
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Through the NIP, the government invested USD 1.4 trillion in infrastructure development as of July 2021. Furthermore, as per American Trucking Associations (national trade association for the trucking industry)- in 2020 gross freight revenues from trucking in US marked USD 732.3 billion, accounting for 80.4% of the nation’s freight bill in 2020 and around 10.23 billion tons of freight transported by trucks in 2020, which accounts for 72.5% of total domestic tonnage shipped. Also, with the increasing penetration of personal vehicles ownership and rapid Industrialization in Emerging Economies, the adoption & demand for Polymer Coated Fabrics is likely to increase the market growth during the forecast period. However, availability of substitutes and rising environmental consciousness impedes the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Polymer Coated Fabrics market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region across the world in terms of market share owing to growing transportation sector and presence of leading market players in the region. Whereas Asia-Pacific is anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as increasing penetration of global automobile players and increasing adoption of personal vehicles in the region would create lucrative growth prospects for the Polymer Coated Fabrics market across Asia-Pacific region.
Major market player included in this report are:
Takata Corporation (Japan),
Trelleborg AB (Sweden),
Spradling International Inc. (U.S.),
Serge Ferrari Group (France),
Saint-Gobain SA (Switzerland),
Sioen Industries NV (Belgium),
Continental AG (Germany),
Takata Corporation (Japan),
Cooley Group Holdings, Inc. (U.S.),
Dickson Constant (France)
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Polymer Type:
Polyvinyl Coated Fabrics
Polyurethane Coated Fabrics
Polyethylene Coated Fabrics
Others (acrylic, nylon 6, nylon 6-6, PA, PC, PEEK, PBT, and PET)
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By End Use Industries:
Transportation
Protective Clothing
Industrial
Roofing, Awnings & Canopies
Furniture & Seating
Others (agriculture, geotextiles, medical, sports & leisure, and packaging)
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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