Coated Fabrics Market

Global Coated Fabrics Market Size (2024 to 2032)

The size of the global Coated Fabrics market was valued at USD 27.83 billion in 2023, and the global market size is estimated to reach USD 49.97 billion by 2032 from USD 29.70 billion in 2024, growing at a CAGR of 6.72% from 2024 to 2032.

MARKET OVERVIEW

The global coated fabrics market is showing positive expansion on the back of rising calls from the transportation, roofing, industrial, protective clothing, furniture, and seating industries.

The Coated Fabrics Market is a high-value and slow-growth global market that is majorly concentrated in Asia Pacific, North America, and Europe. Coated fabrics have their application in the transportation business, owing to their unique characteristics, like waterproof, rot-proof, UV resistance, mildew resistance, and dirt and oil proof. These fabrics enhance durability and are weather and corrosion-resistant. In addition to that, these offer enhancements in passenger safety and high comfort in seating. Coated fabrics are comparatively less costly, as compared to other materials with high resistance to fire, water, and abrasion.

Coated fabrics are fabrics that are painted, covered, or treated with different substances like varnish, rubber, lacquer, and thermoplastic coatings to make the material last for a long time and be impermeable to water, dust, oil, and other liquids. Coated fabrics are obtained from smooth and piled fabrics. These fabrics are, at times, collaborated with portion to make them soft. Polymer-coated fabrics are showcasing the highest expansion among all in the worldwide coated fabrics market. The polymer-coated materials are segregated into Polyethylene (PE) coated, Polyurethane (PU) coated fabrics, and vinyl-coated fabrics. 

The report provides a complete evaluation of the global market. It does so with the aid of in-depth qualitative insights, historical data, and known projections about market size. The projections shown in the report have been obtained with the help of proven methodologies in research and assumptions. By doing so, the research report acts as an archive of analysis and information for every aspect of the market.

MARKET DRIVERS AND RESTRAINTS

The global coated fabrics market is witnessing good expansion on the back of rising calls from transportation, roofing, awnings and canopies, industrial, protective clothing, furniture, and seating businesses. Coated fabrics find massive applications in the transportation market, owing to its distinguishing characteristics, like water resistance, rot-proof, UV repellence, mildew repellence, and dirt and oil resistance. These fabrics are known to improve durability and are resistant to weather and corrosion. In addition to those features, they offer enhancements in terms of passenger safety and high comfort while seating. Coated fabrics are comparably less costly when compared to other coated materials with excellent resistance to fire, water, and abrasion. 

The demand for polymer-coated fabrics is estimated to witness high expansion due to rising use in different applications, decreased cost, easy welding ability, and availability in a variety of colors. The transportation sector is estimated to be the quickest developing application in the worldwide coated fabrics market, on account of the rising employment of polymer and rubber-coated fabrics in automobile, aircraft, railways, and marine businesses. There is a high call for coated fabric in the transportation sector, as the product is rot-proof, dirt & oil-repellent, mildew-resistant, water-resistant, and UV resistant. The other industry also has a moderate share of the market in 2019. It has protective coatings, industrial, and furniture. Under the industrial sector, the product is employed in the making of industrial uniforms, masks, hand gloves, etc. Industrial workers work in the utmost conditions; hence, the dress worn by them requires to be fireproof, oil repellent, water repellent, and repellent to other harmful products. Thus, coated fabrics are employed in industrial materials.

Rising calls from the industrial & commercial base and re-energizing construction business mainly in Indonesia, China, Malaysia, and India will continue to drive the expansion of this sector. Also, the rise in public infrastructure spending and an increase in customer interest in home interiors will drive fabric wall-backed covering calls. Increasing safety measures in transportation applications are estimated to be the key driver for the global coated fabrics market throughout the foreseen period. The expansion can also be accredited to the rising employment of the product for the manufacturing of industrial products like conveyor belts and PTFE tapes. In addition to that, the market is estimated to gain from the rising employment of coated fabrics as low-cost substitute leather for trims and upholstery. 

Factors like vaporous raw material costs and strict environmental protection rules are estimated to boost the makers to focus on research & development. In addition to that, technological innovations' goal of reducing raw material costs and achieving faster and more efficient production is estimated to drive the expansion. The market is very capital intensive that is expected to show a barricade to the latest market entrants. The existence of a high number of alternatives is estimated to result in the low bargaining power of buyers. Nevertheless, growing technologies like plasma coating, nanomaterials, and inkjet deposition are determined to offer excellent expansion opportunities to the market.

REPORT COVERAGE

SEGMENTAL ANALYSIS

Global Coated Fabrics Market By Product

Among the mentioned products using coated fabrics the polymer (vinyl, PU, PE) coated fabrics segment is anticipated to lead the global coated fabrics market during the forecast period. The unique properties of polymer-coated fabrics, such as high resistance to oil, dirt, water, and UV light, are the main reason for the rising demand for polymer-coated fabrics in different sectors of industries, but mostly in home furnishing and automobile upholstery.  

Global Coated Fabrics Market By Application

The transportation segment of the coated fabrics market is dominant among the other mentioned applications. It is calculated to have the largest market share with a high CAGR in the forecast period. The transportation industry's dependence on various rubber and polymer-coated fabrics is the major reason for the market's hiking growth rate in transportation applications.

REGIONAL ANALYSIS

The Asia Pacific coated fabrics market has the highest share of the global business in 2023, which is followed by North America and Europe.

The call for coated fabrics in the region is driven by the expansion in activities in growing countries like China and India. High economic development and significant investments in businesses like oil & gas, automotive, and construction are estimated to fuel the demand in the coated fabric market in the region. The rise in automobile sales and an increase in government rules needing the implementation of safety measures are also driving the coated fabrics market in the Asia Pacific region.

Europe is another promising business for coated fabrics due to the strong automobile industry in nations like Germany. The increasing call for comfort and convenience in the interior of the vehicle is promoting the need for coated fabrics in the European Union. The North American coated fabrics market is also estimated to expand with a notable growth rate in the next few years.

The coated fabric market in Middle East & Africa is estimated to grow at a faster pace. The call for coated fabric is expected to escalate in the region owing to the expansion in construction and other businesses. Latin America coated fabrics market has a low share of the market in 2019. With strict counseling from the National Fire Protection Association (NFPA), OSHA, and ASTM, the U.S. is a very much legalized business. Incursions into shale exploration and renewable chemical commercialization have seen an enhancement in the regional protective clothing market. The availability of big-scale construction projects in Saudi Arabia, Kuwait, and UAE going along with regulations of labor security should favor the Middle East & Africa coated fabrics market expansion.

KEY PLAYERS IN THE GLOBAL COATED FABRICS MARKET

Major companies plying their trade in the Coated Fabrics Market include Continental AG (Germany), Takata Corporation (Japan), Spradling International Inc. (US), Isotex S.p.A. (Italy), Saint-Gobain SA (France), ContiTech AG (Germany), Trelleborg AB (Sweden), Mauritzon Inc. (US), OMNOVO Solutions Inc. (US), Graniteville Specialty Fabrics (US), Serge Ferrari Group (France), Bo-Tex Sales Co. (US), Low & Bonar Plc (UK), Seaman Corporation (US), Canadian General Tower (Canada), Sioen Industries NV (Belgium) are the leading shareholders of the Global Coated Fabrics Market. These companies are currently focused on expansion strategies to improve their market value and position.

RECENT HAPPENINGS IN THE MARKET

• Bayer MaterialScience, one of the world's dominating polymer producers, declares the introduction of INSQIN, a novel turnkey solution for the latest generation of polyurethane (PU) coated fabrics. The introduction sets a new chapter in the footwear and apparel segment, in which Bayer offers brand owners an integrated package of pure waterborne PU technology, material co-development and a certified manufacturer partner program for PU coated fabrics, making a new way of value chain partnership.

• Archroma, a worldwide leader in color and specialty chemicals towards sustainable solutions, has introduced at the recent ITMA exhibition its latest Lurapret® N5396 & N5392 liq, a water-based ultra-low VOC polyurethane (PU) polymer coating technology.

DETAILED SEGMENTATION OF THE GLOBAL COATED FABRICS MARKET INCLUDED IN THIS REPORT

This research report on the global coated fabrics market has been segmented and sub-segmented based on product, application, and region.

By Product

• Polymer 
• Fabric-backed wall coverings
• Rubber

By Application

• Transportation
• Protective Clothing
• Industrial
• Awnings
• Roofing & Canopies
• Furniture & Seating 

By Region

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa