Polymer Coated Fabric Market Size (2024 - 2029)

The polymer coated fabric market is anticipated to experience growth driven by enhanced safety measures in transportation and stringent worker safety regulations. However, the market's expansion is challenged by the availability of substitutes and the adverse impacts of the COVID-19 pandemic. Technological advancements in plasma coating, nanomaterials, and inkjet deposition are expected to offer additional growth prospects. The transportation sector is projected to lead in application due to its superior properties. The Asia-Pacific region holds the largest market share and is predicted to be the fastest-growing area, fueled by demand from countries like China, India, and Japan.

Market Size of Polymer Coated Fabric Industry

Polymer Coated Fabric Market-Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 5.00 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration Medium

Major Players

Polymer Coated Fabric Market Major Players

*Disclaimer: Major Players sorted in no particular order

Polymer Coated Fabric Market Analysis

The market for polymer coated fabric is expected to grow at a CAGR of less than 5% globally. Major factor driving the market studied is the increasing safety measures in the transportation application and stringent regulatory requirements for worker safety. On the flip side, presence of substitutes and unfavorable conditions arising due to the COVID-19 outbreak is hindering the growth of the market.

  • Emerging technologies such as plasma coating, nanomaterials and inkjet deposition are expected to create further growth opportunities for the market.
  • The transportation industry is expected to dominate the application segment of global polymer coated fabric market as it exhibits superior properties such as elasticity, oil resistance, abrasion and transparency.
  • Asia-Pacific region represents the largest market and is also expected to be the fastest-growing market over the forecast period owing to the consumption from countries such as China, India, and Japan.

Polymer Coated Fabric Industry Segmentation

The Polymer Coated Fabric Market report includes:

Product
Polyethylene
Polyvinyl
Polyurethane
Application
Coated Fabrics
Industrial
Transportation
Roofing and Awning
Furniture
Others
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle-East and Africa
Saudi Arabia
South Africa
Rest of Middle-East and Africa
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Polymer Coated Fabric Market Size Summary

The polymer coated fabric market is poised for growth, driven primarily by the increasing emphasis on safety measures within the transportation sector and stringent regulatory requirements for worker safety. Despite challenges such as the presence of substitutes and the lingering effects of the COVID-19 pandemic, the market is expected to benefit from advancements in technologies like plasma coating, nanomaterials, and inkjet deposition. The transportation industry is anticipated to lead the application segment due to the superior properties of polymer coated fabrics, including elasticity, oil resistance, abrasion, and transparency. The Asia-Pacific region is projected to be the largest and fastest-growing market, fueled by demand from countries like China, India, and Japan.

The automotive industry, in particular, is a significant contributor to the market's expansion, with polymer coated fabrics being integral to various safety applications such as airbags and seatbelts. The adoption of these fabrics is further encouraged by regulatory bodies like the National Highway Traffic Safety Administration, which promotes enhanced safety measures in vehicles. The market's growth is also supported by the expanding automotive, manufacturing, and chemical industries, alongside the increasing importance of protective clothing regulations. Innovations in polymer coated fabrics, such as shape memory polymers for smart textiles, are expected to further drive demand. The market is characterized by a few major players, including Trelleborg AB, Serge Ferrari Group, and OMNOVA Solutions Inc., who dominate a significant portion of the market share.

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Polymer Coated Fabric Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Increasing Safety Measures in Transportation Application

      2. 1.1.2 Strict Regulatory Requirements for Worker Safety

    2. 1.2 Restraints

      1. 1.2.1 Presence of Substitutes

      2. 1.2.2 Unfavorable Conditions Arising Due to COVID-19 Outbreak

    3. 1.3 Industry Value Chain Analysis

    4. 1.4 Porters Five Forces Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Consumers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION

    1. 2.1 Product

      1. 2.1.1 Polyethylene

      2. 2.1.2 Polyvinyl

      3. 2.1.3 Polyurethane

    2. 2.2 Application

      1. 2.2.1 Coated Fabrics

      2. 2.2.2 Industrial

      3. 2.2.3 Transportation

      4. 2.2.4 Roofing and Awning

      5. 2.2.5 Furniture

      6. 2.2.6 Others

    3. 2.3 Geography

      1. 2.3.1 Asia-Pacific

        1. 2.3.1.1 China

        2. 2.3.1.2 India

        3. 2.3.1.3 Japan

        4. 2.3.1.4 South Korea

        5. 2.3.1.5 Rest of Asia-Pacific

      2. 2.3.2 North America

        1. 2.3.2.1 United States

        2. 2.3.2.2 Canada

        3. 2.3.2.3 Mexico

      3. 2.3.3 Europe

        1. 2.3.3.1 Germany

        2. 2.3.3.2 United Kingdom

        3. 2.3.3.3 France

        4. 2.3.3.4 Italy

        5. 2.3.3.5 Rest of Europe

      4. 2.3.4 South America

        1. 2.3.4.1 Brazil

        2. 2.3.4.2 Argentina

        3. 2.3.4.3 Rest of South America

      5. 2.3.5 Middle-East and Africa

        1. 2.3.5.1 Saudi Arabia

        2. 2.3.5.2 South Africa

        3. 2.3.5.3 Rest of Middle-East and Africa

Polymer Coated Fabric Market Size FAQs

The Polymer Coated Fabric Market is projected to register a CAGR of less than 5% during the forecast period (2024-2029)

Trelleborg AB, Serge Ferrari Group, Low & Bonar Plc, OMNOVA Solutions Inc. and Seaman Corporation are the major companies operating in the Polymer Coated Fabric Market.

Polymer Coated Fabric Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)