Polymer Coated Fabrics Market Size, Share, Demand & Trends by 2032
The global polymer coated fabrics market stands at US$ 20.73 Bn as of now and is expected to reach US$ 34.1 Bn by the year 2032 at a CAGR of 5.1% between 2022 and 2032.
The polymer coated fabrics market is basically driven
by the transportation, textile, and furniture verticals. With mandates by
government agencies regarding protective clothing, the market is bound to
substantiate in the upcoming period.
At the same time, fluctuations in the prices of raw
materials are likely to restrain the polymer coated fabrics market. The other
factor would be non-uniformity of regulations laid down all over. The
developing economies are yet to look through these regulations in the first
place.
Additionally, recycling of polymers is one of the
burning issues herein, and this scenario is expected to remain unchanged even
in the forecast period. Future Market Insights, with the help of its line of
expertise in the form of analysts and consultants, has walked through these
nitty-gritties with insights in its latest market study entitled ‘Polymer
Coated Fabrics Market’. The macros as well as micros are being worked upon.
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Key Takeaways from Polymer Coated Fabrics
Market
- North
America holds the largest market share. This could be attributed to
chemical and pharmaceutical verticals pressing for protective clothing to
adhere to regulations imposed by the US FDA.
- Europe
is led by the UK and Germany. This could be reasoned with these two
regions being manufacturing hubs for lightweight vehicles.
- The
Asia-Pacific is expected to grow at the fastest rate in the polymer coated
fabrics market with India and China leading with respect to production of
upholstered furniture, apparel and their accessories, and motor vehicles.
Competitive Fabrics
- TechStyles,
in April 2021, came up with various new products for addressing challenges
like longer lead times, higher minimums, and rising costs.
- AFF
TechStyles, in March 2021, did develop TechArt, which comes across as a
digitally printed and coated fabric joining ranks of its textile products
featuring custom images or pre-developed designs.
- Fenner
Precision Polymers, in February 2020, went ahead with expansion of its
portfolio if coated textiles by completing acquisition of Fabri Cote (a
manufacturer of custom rubber-coated fabrics to cater to the aerospace
vertical).
- Proquinal
Costa Rica, in July 2020, did announce reinvesting US$ 20 Mn in its Costa
Rics-based coated fabric manufacturing plant. This measure would let
implementing a new-fangled process, thereby expanding export capacity.
- Muse
Nanobots, in August 2020, did launch nanotech coating, especially for the
textiles that claim inactivation of Coronavirus within merely 5 minutes of
contact.
- In
January 2022, Haydale announced that its functionalized GNPs would be used
by iCraft in its THERMiTTM (graphene-coated fabric).
- Trelleborg
Industrial Solutions, in January 2022, did acquire coated fabrics business
of Alpha Engineered Composites for enhancing its area of specializations
comprising aerospace, railway bellows, and various engineered industrial
items.
- BASF,
in July 2022, entered into partnership with Permionics Membranes for
applying the ultrason E polyethersulfone polymer to the coated textiles
working as particle and bacterial filters for the face masks.
“With demand
for safety measures in transportation along with strict regulations being laid
down for the safety of workers, the global polymer coated fabrics market is
expected to grow on a splendid note in the forecast period”, says an analyst
from Future Market Insights.
What does the Report encompass?
- The
research study is based on product type (vinyl coated fabrics, PU coated
fabrics, PE coated fabrics, and likewise (acrylic, nylon 6, PA, PC, nylon
6-6, PET, and PBT), by textile material type (knitted, woven, and
non-woven), and by application (transportation, protective clothing,
industrial, roofing, awnings & canopies, furniture & seating, and
likewise).
- Growing
utility of rubber-coated fabric to obtain protective clothing coupled with
manufacturing military wear would continue to drive the polymer coated
fabrics market in the forecast period.
Polymer Coated Fabrics Market Outlook By
Category
By Product Type:
- Vinyl
Coated Fabrics
- PU
Coated Fabrics
- PE
Coated Fabrics
- Others
(acrylic, nylon 6, nylon 6-6, PA, PC, PEEK, PBT, and PET)
By Textile Material Type:
- Knitted
- Woven
- Non-Woven
By Application:
- Transportation
- Protective
Clothing
- Industrial
- Roofing
- Awnings
& Canopies
- Furniture
& Seating
- Others
(Agriculture, Geotextiles, Medical, Sports & Leisure, And Packaging)
By Region:
- North
America
- Latin
America
- Europe
- East
Asia
- South
Asia & Pacific
- Middle
East & Africa
Browse
Full Report: https://www.futuremarketinsights.com/reports/polymer-coated-fabrics-market
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