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Coated Fabric Market Top 10 Companies Profiled and Forecast 2020–2026

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akash bainr
Coated  Fabric Market Top 10 Companies Profiled and Forecast 2020–2026

The global coated fabric market size is likely to gain impetus from their rising utilization in producing military wear and protective clothing worldwide. Besides, the ongoing number of construction projects owing to the increasing investments in chemical, oil and gas, infrastructure,and automotive and transportation industries would affect the market positively. This information is given by Fortune Business Insights™ in a recently published report, titled, Coated Fabric Market Size, Share and Industry Analysis, by Product (Polymer Coated Fabric, Rubber Coated Fabric, and Fabric Backed Wall Coverings), By Application (Protective Clothing, Transportation, Furniture, Industrial, and Others) and Regional Forecast, 2019-2026.” The report further states that the coated fabric market size stood at USD 34.89 billion in 2018. It is anticipated to reach USD 49.41 billion by 2026, exhibiting a CAGR of 4.5% during the forecast period.

Highlights of the Report

  • Elaborate information about the coated fabric market trends, opportunities, and challenges.
  • In-depth information about the dominating regions present in the market.
  • List of all the segments.
  • Competitive landscape consisting of innovative product launches, agreements, contracts, collaborations, mergers and acquisitions, and investments.

 

Drivers & Restraints:

Increasing Automotive Production to Propel Growth

Coated fabrics are majorly used in vehicles to improve the feel and appearance of their interior. Varnish or oil finishes, plastics, lacquer, rubber, PVC, and resins are some of the materials that are extensively used to process or coat fabric. Automotive coated fabric is oil-repellent, rot-proof, UV resistant, water resistant, and anti-corrosive. Nowadays, numerous automotive manufacturers are using OMNAVA coated fabric upholsteries to enhance a vehicle’s performance, provide impressive design, excellent touch, durable performance, low emissions, and environmental features. OMNOVA delivers auto OEMs superior quality fabric. Overall, increasing production of automotive and rising per capita income are set to augment the coated fabrics market growth in the coming years. However, fluctuations in the prices of raw materials may hinder the market growth.

 

Browse Summary of  this Research Report

https://www.fortunebusinessinsights.com/coated-fabric-market-102546

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