Coated Fabrics Market Size, Share & Growth | Forecast [2031]

Report Description

The coated fabrics market size was valued at USD 22.88 Billion in 2022 and is estimated to reach USD 32.57 Billion by 2031, expanding at a CAGR of around 4% during the forecast period, 2023 – 2031. The growth of the market is attributed to the increasing use of rubber coated fabrics to manufacture protective clothing and military wear.

Fabric substrates that have been coated or laminated with polymer, rubber, or other materials are known as coated fabrics. They can be woven or non-woven. They are anti-fungal, antibacterial, and anti-static and other advantages such as abrasion, scratch, stain, water, oil, chemical, UV radiation, resistance to flame, weldability, high visibility, and enhanced elasticity.

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Coated fabrics have several applications in packaging, sports & leisure, medical, geotextiles, agriculture, wall coverings, awnings & canopies, roofing, furniture & seating, industrial, protective clothing, and transportation. The coated fabric is often produced using a pile of smooth or structured fabric. It can also be made by adding the right amounts of porolon to it. A fabric that has been treated to increase its durability, sturdiness, and resistance to the elements is called a coated fabric. These fabrics are coated with a material that makes the surface of the fabrics resistant to damage, as opposed to having a reinforcing fiber woven directly into the fabric.

COVID-19 Impact on Coated Fabrics Market

The Covid-19 pandemic affected the demand and supply of coated fabrics market. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to an unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.

Coated Fabrics Market Dynamics

The market research report on the global coated fabrics market provides a detailed analysis by focusing on revenue growth, facts, figures, and historical data to determine major drivers, existing restraints, key opportunities, and competitive analysis. The report includes recent developments that can shape the overall performance of the market during the assessment period, 2023 to 2031.

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Major Drivers

Growing automotive industry is expected to drive the market
Automotive coated fabric is used to improve the look and feel of a vehicle's interior. Various types of material used to cover or modify the fabric include oil or varnish finishes, plastics, lacquer, rubber, PVC, and resins. The automobile-grade coated fabric is oil-repellent, rot-proof, UV-resistant, water-resistant, and anti-corrosive. OMNOVA provides high-performance coated fabric to auto OEMs all over the world. OMNAVA coated fabric upholsteries are used by the majority of car manufacturers for their excellent touch, durable performance, appearance, low emissions, environmental features, and impressive design.

Increasing automotive production along with rising per-capita disposable income is anticipated to boost the demand for polymer coated fabric which is majorly used in automotive interiors of light vehicles, upholstery, seat covers, soft tops, and airbags. Companies are creating recyclable airbags from coated fabric, which is estimated to assist the automotive industry. For instance, for airbags, Toyobo created a recyclable coated fabric.  As an alternative to silicone polymer, which is utilized in side curtain airbags, the product is applied to a nylon polymer. Without removing the coating substance from the basic fabric, this can be recycled. These factors are estimated to boost the coated fabrics market growth.

Increasing protective clothing is projected to propel the market

Demand for protective clothing is estimated to be driven by rapid industrialization brought on by significant investments in the manufacturing sector and strict government regulations set forth by OSHA and NIOSH on the use of protective gear. Features, such as resistance to high impact and flexibility at low temperature is expected to drive the protective clothing industry.  

Existing Restraints

Growing environmental concerns are anticipated to hinder the market growth
Changes in the cost of raw materials and environmental concerns are the major factors hindering the market growth. Wool, cotton, rayon, polyesters, and nylon are the main components of fabrics, and each of these materials has a unique effect. Petrochemicals, which are not biodegradable and are inherently unstable, are used to make nylon and polyester. In order to produce polyester, dangerous chemicals, including carcinogens, are required. If these chemicals are released into the air and water and if left untreated, can harm the ecosystem.

Key Opportunities

Increasing use of water-based polyurethane to create lucrative growth opportunities
The polyurethane fabric for faux leather and vegan products is produced from synthetic base fabrics such as polyester or nylon. The fabric becomes flexible, lightweight, and water-resistant due to the PU coating, which is applied to just one side of the fabric base. Dimethylformamide has been replaced with substitute leather textiles due to technological advancement and innovation. Companies are utilizing sustainable and eco-friendly water-based PU materials which are estimated to offer immense growth opportunities during the forecast period.

Scope of Coated Fabrics Market Report

The report on the global coated fabrics market includes an assessment of the market trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Coated Fabrics Market Segment Insights

The polymer coated segment accounted for a key market share in 2021

Based on products, the global market is segregated into fabric backed wall coverings, rubber coated fabric, and polymer coated fabrics. The polymer coated segment accounted for a key market share in 2021 owing to increased need for protective apparel along with rising demand for airbags in cars. Growth of the segment is attributed to the rising production of automobile manufacturing in countries such as India and China.

The coating surfaces of some synthetic materials are made of various polymers, including polyurethane, polyvinyl chloride, and polyethylene. Polyurethane coated fabrics are used for waterproof mattress covers, boats, inflatables, gloves, rainwear, footwear, and protective clothing owing to their transparency, grease & oil, resistance to abrasion, and elasticity properties. They are usually used in automotive or transportation applications primarily for airbags, seatbelts, covers, interior, and exterior.

The fabric backed wall coverings segment is estimated to expand at a rapid pace during the forecast period owing to increasing urbanization along with rising non-residential and residential structures. Growth of the segment is attributed to the increasing adoption of products in urban housing sector.

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The transportation segment to hold a key market share in the coming years

On the basis of applications, the market is fragmented into furniture, industrial, protective clothing, transportation, and others. The transportation segment held around 36% of the total market share in 2021 and is expected to continue its dominance during the forecast period. Growth of the segment is attributed to factors such as the growth of rail and roadway transportation along with rising automotive sales. They are mostly employed in the automobile industry for manufacturing interiors, airbags, vehicle seats, roofing, and seat belts. Strict government regulations for vehicle safety and security measures are forcing manufacturers to install airbags in automobiles. Expanding automotive sector is driven by rising demand for both commercial and passenger vehicles which in turn is boosting the coated fabric market.

The protective clothing segment is anticipated to expand at a high CAGR during the forecast period. Growth of the segment is attributed to increased industrialization and government efforts to enforce safety requirements in China and India for the usage of protective clothing during the forecast period.

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Asia Pacific dominated the market in 2021

In terms of regions, the market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific dominated the market in 2021 and is expected to continue its dominance during the projected period. The demand for coated fabrics is estimated to increase as a result of expanding automotive industries and rising product usage in the manufacture of household furniture in developing countries such as China and India. In recent years, a number of global manufacturers have been interested in the coated fabrics industry in China. The development of the construction and building sector along with increasing industrialization is projected to drive the market.

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