Ongoing Research Report
In the News
March 2017: ContiTech AG, part of Continental AG, announced that it opened a new facility in Changshu, China for developing coated fabrics used for a variety of applications.
March 2018: Trelleborg AB announced that it has acquired Laminating Coating Technologies, Inc. (Lamcotec), a company known for developing and manufacturing polyurethane-coated and laminated fabrics.
Introduction to Polymer Coated Fabrics
Polymer coated fabrics are referred to the engineered composite materials that consists of textile as the substrate and a polymer coating in it so as to provide the fabric desired structural properties and characteristics for use in various applications, as well as to make the fabric corrosion resistance, oil and dirt resistance and market fabric abrasion amongst others. Moreover, presence of such properties makes the polymer coated fabrics to be used across a wide spectrum of industries including geotextile, electronics, automotive, aerospace, chemical processing, defence and others.
Market Size and Overview
The global polymer coated fabrics market is thriving on the back of the growing demand for technical textiles across different end user industries around the world, backed by the increasing advancements in science and technology, followed by the increasing demand for tarpaulins, roof protectors, marine covers and awning pool covers, as polymer coated fabrics are the best suitable fabric for the manufacturing of such products.
The global polymer coated fabrics market is anticipated to achieve a CAGR of around 5% during the forecast period, i.e. 2021-2028. The market is segmented by product type into polyvinyl, polyurethane, polyethylene, acrylic, nylon 6-6, nylon 6, PA, PBT, PET and PEEK. The polyurethane segment is anticipated to hold the largest market share on the back of numerus benefits of polyurethane over other polymer types. Polyurethane possesses properties such as resistance to grease, oil and abrasion, transparency, and elasticity. As a result, they are used for a range of applications including upholstery, waterproof protective clothing, rainwear, luggage, glove, inflatable boats and others.
Growth Drivers
Growing Stringent Norms for Safety of Workers in Workplace
According to the statistics by the National Safety Council of America, a worker is injured in every seven seconds on the job. Moreover, the increasing workplace injuries resulted in a loss of 104,000,000 production days in the year 2017.
The increasing concern for the safety of workers in the workplace has led several government organizations across nations around the globe to develop stringent norms for the safety of workers. Out of all the norms, one of the most important norms includes to wear workwear uniforms in the workplace. The workplace uniforms are usually made of these technical textiles, and possesses several properties owing to the presence of the textile coatings that help the worker to stay safe in case of accidents. On the other hand, the National Fire Protection Association (NFPA) has made a mandate to wear uniforms regarding the concern for labour safety, especially in the shale exploration and renewable chemicals sector. Such factors are anticipated to drive the growth of the global polymer coated fabrics market throughout the forecast period.
By Region
On the basis of regional analysis, the global polymer coated fabrics market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region.
The market in Asia Pacific is anticipated to hold the largest market share on the back of the increasing industrialization in the nations, such as China, South Korea, Japan and India, followed by the presence of several manufacturing companies where such technical fabrics are used. Further, increasing awareness for organizational safety in the manufacturing sector, which is further raising the demand for protective clothing, is also anticipated to drive the growth of the polymer coated fabrics market in the region.
The global polymer coated fabrics market is further classified on the basis of region as follows:
In the News
March 2017: ContiTech AG, part of Continental AG, announced that it opened a new facility in Changshu, China for developing coated fabrics used for a variety of applications.
March 2018: Trelleborg AB announced that it has acquired Laminating Coating Technologies, Inc. (Lamcotec), a company known for developing and manufacturing polyurethane-coated and laminated fabrics.
Introduction to Polymer Coated Fabrics
Polymer coated fabrics are referred to the engineered composite materials that consists of textile as the substrate and a polymer coating in it so as to provide the fabric desired structural properties and characteristics for use in various applications, as well as to make the fabric corrosion resistance, oil and dirt resistance and market fabric abrasion amongst others. Moreover, presence of such properties makes the polymer coated fabrics to be used across a wide spectrum of industries including geotextile, electronics, automotive, aerospace, chemical processing, defence and others.
Market Size and Overview
The global polymer coated fabrics market is thriving on the back of the growing demand for technical textiles across different end user industries around the world, backed by the increasing advancements in science and technology, followed by the increasing demand for tarpaulins, roof protectors, marine covers and awning pool covers, as polymer coated fabrics are the best suitable fabric for the manufacturing of such products.
The global polymer coated fabrics market is anticipated to achieve a CAGR of around 5% during the forecast period, i.e. 2021-2028. The market is segmented by product type into polyvinyl, polyurethane, polyethylene, acrylic, nylon 6-6, nylon 6, PA, PBT, PET and PEEK. The polyurethane segment is anticipated to hold the largest market share on the back of numerus benefits of polyurethane over other polymer types. Polyurethane possesses properties such as resistance to grease, oil and abrasion, transparency, and elasticity. As a result, they are used for a range of applications including upholstery, waterproof protective clothing, rainwear, luggage, glove, inflatable boats and others.
Growth Drivers
Growing Stringent Norms for Safety of Workers in Workplace
According to the statistics by the National Safety Council of America, a worker is injured in every seven seconds on the job. Moreover, the increasing workplace injuries resulted in a loss of 104,000,000 production days in the year 2017.
The increasing concern for the safety of workers in the workplace has led several government organizations across nations around the globe to develop stringent norms for the safety of workers. Out of all the norms, one of the most important norms includes to wear workwear uniforms in the workplace. The workplace uniforms are usually made of these technical textiles, and possesses several properties owing to the presence of the textile coatings that help the worker to stay safe in case of accidents. On the other hand, the National Fire Protection Association (NFPA) has made a mandate to wear uniforms regarding the concern for labour safety, especially in the shale exploration and renewable chemicals sector. Such factors are anticipated to drive the growth of the global polymer coated fabrics market throughout the forecast period.
By Region
On the basis of regional analysis, the global polymer coated fabrics market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region.
The market in Asia Pacific is anticipated to hold the largest market share on the back of the increasing industrialization in the nations, such as China, South Korea, Japan and India, followed by the presence of several manufacturing companies where such technical fabrics are used. Further, increasing awareness for organizational safety in the manufacturing sector, which is further raising the demand for protective clothing, is also anticipated to drive the growth of the polymer coated fabrics market in the region.
The global polymer coated fabrics market is further classified on the basis of region as follows:
- North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
- Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis
- The Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of the Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis
Companies Mentioned
- Trelleborg AB
- Sprading International Inc.
- Serge Ferrari Group
- Saint-Gobain SA
- Sioen Industries NV
- Takata Corporation
- Cooley Group Holdings Inc.
- Dickson Constant
- Seaman Corporation
- SRF Limited
- Continental AG
- Other Notable Players
Please note the number of players as well as the addition/deletion can be done in the final deliverable as per the feasibility
