Coated Fabrics Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 5.00 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | Asia-Pacific |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Coated Fabrics Market Analysis
During the forecast period, the market for coated fabric is expected to register a CAGR of more than 5% per year.
In 2020, COVID-19 negatively impacted the market. However, the market has now been estimated to have reached pre-pandemic levels and is expected to grow steadily in the future.
- During the forecast period, the market is likely to be driven by rising demand from the auto, building, and construction industries.
- On the other hand, rules about material waste and the environment are likely to slow the growth of the market.
- In the coming years, the market for coated fabric is also likely to get a boost from the growing use of advanced technology.
- Asia-Pacific dominated the market across the globe, with the largest consumption coming from countries such as China, Japan, and South Korea.
Coated Fabrics Market Trends
Increasing Demand form Automotive Sector
- The automotive-coated fabric is used in automobiles to improve the interior's aesthetics and design. The materials used to coat the cloth include PVC, resins, polymers, rubber, oil or varnish finishes, lacquer, etc.
- The automotive-coated fabric used in automobiles is anti-corrosive, water-resistant, rot-proof, UV-resistant, and oil-repellent. The majority of automakers use coated fabric owing to its environmental benefits, remarkable design, low emissions, good looks, better touch, and long lifespan, among others.
- The demand for polymer-coated fabric, largely utilized in automobile seat covers, soft tops, airbags, and the interiors of light vehicles, etc., is expected to increase as global automotive output and per-capita disposable income rise.
- In the first three quarters of 2022, around 50 million passenger cars were manufactured worldwide, up nearly 9% compared to the same quarter in 2021, as per the European Automobile Manufacturers' Association (ACEA) report.
- Further, according to the China Association of Automobile Manufacturing, the production of New Energy Vehicles in the country witnessed a year-on-year increase of 96.9 percent in December 2022. thus boosting market growth significantly.
- Therefore, with the rising automotive production, the demand for coated fabric in the automotive industry is expected to drive the market during the forecast period.
Asia-Pacific Region to register the Fastest Growth
- During the next few years, the Asia-Pacific region is expected to be the biggest market for coated fabric.In countries like China and India, the growth of industries like automotive, furniture, protective clothing, and others is expected to drive the coated fabrics market in the region.
- The demand for protective clothing is rising as a result of more strict government regulations in the region for protection against heat, chemicals, biological contaminants, etc., which are important for routine work life.
- With the region's expanding food processing, chemical processing, law enforcement, defense, and medical sectors, the demand for protective clothing is expected to rise, thus boosting the market's growth.
- Furthermore, coated fabric is used widely in automobiles to enhance the texture and appearance of the vehicle interior. As a result, the need for polymer-coated cloth is likely to grow along with rising automobile manufacturing.
- According to the China Association of Automobile Manufacturers (CAAM), China had the largest automotive production base in the world, with a total vehicle production of 27 million units in 2022, registering an increase of 3.4 percent compared to the 26 million units produced last year.
- Further, in the first 7 months of 2022, the country produced 14.57 million units of cars, registering a growth rate of 31.5% year over year.
- Thus, owing to the above-mentioned factors, the demand for coated fabric in the region is expected to grow significantly during the forecast period.
Coated Fabrics Industry Overview
The coated fabric market is fragmented by nature. Some of the major players in the market include Saint-Gobain, Trelleborg AB, Graniteville, OMNOVA Solutions Inc., and ContiTech AG, among others (in no particular order).
Coated Fabrics Market Leaders
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Saint-Gobain
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Graniteville
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OMNOVA Solutions Inc.
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Trelleborg AB
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ContiTech AG
*Disclaimer: Major Players sorted in no particular order
Coated Fabrics Market News
- July 2022: BASF collaborated with Vadodara-based membrane manufacturer Permionics Membranes to extend the use of BASF's Ultrason E polyethersulphone (PESU) polymer into coated fabrics that function as particulate and bacterial filters for face masks.
- January 2022: Trelleborg Industrial Solutions acquired coated textiles division of Alpha Engineered Composites to expand the company's business.
Coated Fabrics Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
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4.1 Drivers
- 4.1.1 Rising Demand for Protective Clothing
- 4.1.2 Other Drivers
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4.2 Restraints
- 4.2.1 Environment Regulations Associated to Material Waste
- 4.2.2 Availibility of Substitute
- 4.3 Industry Value Chain Analysis
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4.4 Porter's Five Forces Analysis
- 4.4.1 Bargaining Power of Suppliers
- 4.4.2 Bargaining Power of Buyers
- 4.4.3 Threat of New Entrants
- 4.4.4 Threat of Substitute Products and Services
- 4.4.5 Degree of Competition
5. MARKET SEGMENTATION (Market Size in Value)
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5.1 Product
- 5.1.1 Polymer Coated
- 5.1.1.1 PVC Coated
- 5.1.1.2 PU Coated
- 5.1.1.3 PE Coated
- 5.1.1.4 Other Polymer Coated (Acrylic, Silicone, etc.)
- 5.1.2 Fabric Backed Wall Coverings
- 5.1.3 Rubber Coated
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5.2 Application
- 5.2.1 Automotive & Transportation
- 5.2.2 Protective Clothing
- 5.2.3 Furniture
- 5.2.4 Industrial
- 5.2.5 Other Applications
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5.3 Geography
- 5.3.1 Asia-Pacific
- 5.3.1.1 China
- 5.3.1.2 India
- 5.3.1.3 Japan
- 5.3.1.4 South Korea
- 5.3.1.5 Rest of Asia-Pacific
- 5.3.2 North America
- 5.3.2.1 United States
- 5.3.2.2 Canada
- 5.3.2.3 Mexico
- 5.3.3 Europe
- 5.3.3.1 Germany
- 5.3.3.2 United Kingdom
- 5.3.3.3 Italy
- 5.3.3.4 France
- 5.3.3.5 Rest of Europe
- 5.3.4 South America
- 5.3.4.1 Brazil
- 5.3.4.2 Argentina
- 5.3.4.3 Rest of South America
- 5.3.5 Middle-East and Africa
- 5.3.5.1 Saudi Arabia
- 5.3.5.2 South Africa
- 5.3.5.3 Rest of Middle-East and Africa
6. COMPETITIVE LANDSCAPE
- 6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
- 6.2 Market Share(%)**/Ranking Analysis
- 6.3 Strategies Adopted by Leading Players
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6.4 Company Profiles
- 6.4.1 BASF SE
- 6.4.2 Contitech AG
- 6.4.3 Graniteville
- 6.4.4 Mauritzon, Inc.
- 6.4.5 OMNOVA Solutions Inc.
- 6.4.6 Regatta Professional
- 6.4.7 Saint-Gobain
- 6.4.8 Seamen Corporation
- 6.4.9 Spradling International, Inc.
- 6.4.10 Trelleborg AB
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
- 7.1 Rising Adoption of Advanced Technology
Coated Fabrics Industry Segmentation
A coated fabric is a fabric that has been coated to make it more durable, stronger, and weather resistant. These fabrics are treated with a chemical that makes the surface more resistant to damage. The coated fabrics are widely utilized in a variety of applications, including transportation, protective apparel, industrial, furniture and seating, and others. The coated fabric market is segmented by product, application, and geography. By product, the market is segmented into polymer-coated, fabric-backed wall coverings, and rubber-coated products. By application, the market is segmented into automotive and transportation, protective clothing, furniture, industrial, and other applications. The report also covers the coated fabric market size and forecasts in 15 countries across major regions. For each segment, market sizing and forecasts have been done on the basis of revenue (USD million).
| Product | Polymer Coated | PVC Coated |
| PU Coated | ||
| PE Coated | ||
| Other Polymer Coated (Acrylic, Silicone, etc.) | ||
| Product | Fabric Backed Wall Coverings | |
| Rubber Coated | ||
| Application | Automotive & Transportation | |
| Protective Clothing | ||
| Furniture | ||
| Industrial | ||
| Other Applications | ||
| Geography | Asia-Pacific | China |
| India | ||
| Japan | ||
| South Korea | ||
| Rest of Asia-Pacific | ||
| Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Geography | Europe | Germany |
| United Kingdom | ||
| Italy | ||
| France | ||
| Rest of Europe | ||
| Geography | South America | Brazil |
| Argentina | ||
| Rest of South America | ||
| Geography | Middle-East and Africa | Saudi Arabia |
| South Africa | ||
| Rest of Middle-East and Africa |
Coated Fabrics Market Research FAQs
What is the current Coated Fabric Market size?
The Coated Fabric Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)
Who are the key players in Coated Fabric Market?
Saint-Gobain , Graniteville, OMNOVA Solutions Inc. , Trelleborg AB and ContiTech AG are the major companies operating in the Coated Fabric Market.
Which is the fastest growing region in Coated Fabric Market?
Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Coated Fabric Market?
In 2024, the Asia-Pacific accounts for the largest market share in Coated Fabric Market.
What years does this Coated Fabric Market cover?
The report covers the Coated Fabric Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Coated Fabric Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Coated Fabrics Industry Report
Statistics for the 2024 Coated Fabrics market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Coated Fabrics analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
