Global Polymer Coated Fabrics Market
The Global Polymer Coated Fabrics market was valued at USD 17.40 billion in 2016 and is projected to reach USD 24.77 billion by 2025, growing at a CAGR of 4.0% from 2017 to 2025.
Polymer coated fabrics are now finding abundant uses owing to their high shelf life and resistance to wear and tear. The growing demand in industrial and automotive application is expected to boost market demand over the forecast period. Vinyl fabrics are the major product segment in the market.
1. Market Drivers
1.1 Implementation of safety measures in transportation
1.2 Stringent regulatory requirement driving demand for protective clothing
2. Market Restraints
2.1 Environmental Concerns
2.2 Presence of substitutes
The global Polymer Coated Fabrics marketis segmented on the basis ofproduct, application, and region.
1. By Product:
1.1 PE Coated Fabrics
1.2 PU Coated Fabrics
1.3 Vinyl Coated Fabrics
2. By Application:
2.2 Protective Clothing
2.2.1 Thermal Protective Clothing
2.2.2 Chemical Protective Clothing
2.2.3 Nuclear Biological and Chemical Protective Clothing
2.2.4 Electrostatic Protective Clothing
2.3.1 Oil & Gas
2.4 Roofing, Awning & Canopies
2.5 Furniture & Seatings
3. By Region:
3.1 North America (U.S., Canada, Mexico)
3.2 Europe (Germany, UK, France, Rest of Europe)
3.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
3.4 Latin America (Brazil, Argentina, Rest of Latin America)
3.5 Middle East & Africa
The major players in the market are as follows:
1. Low and Bonar PLC
2. Continental AG
3. Omnovo Solutions Inc.
4. Seaman Corporation
5. Saint Gobain SA
6. Trelleborg AB
7. Takata Corporation
8. SRF Limited
9. Spradling International Inc.
10. Sioen Industries NV
11. Serge Ferrari Group
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Polymer Coated Fabrics marketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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