Industry Insights
Coated fabrics market is expected to grow on account of properties such as high elasticity, better insulation, high water resistance, and thermal protection in transportation, furniture and protective clothing. Rapid development of technology coupled with infrastructural development is expected to be a key driver for coated fabrics market growth over the forecast period. Growing automotive production in emerging markets such as China, Mexico, Indonesia coupled with growing safety concerns is expected to have significant impact on market growth. As a result, airbags demand is expected to increase and would promote coated fabrics market growth over the next six years.
Growing protective clothing in chemicals, manufacturing, oil & gas and mining sector is expected to be another key driver for market growth. Growing furniture industry is another major factor which is expected to positively influence market. Coated fabrics manufacturing are a major cause of air pollution. Stringent environmental regulations by the U.S. EPA and European Commission are expected to restrict market growth over the forecast period. Availability of substitutes such as leather, plastics and other uncoated fabrics is expected to hamper coated fabrics market growth over the forecast period.
For More Informaion About TOC And For Sample Report Of Coated Fabrics Market: http://www.hexaresearch.com/research-report/coated-fabrics-market-analysis-segment-forecasts-2020/
Product Insights
Polymer coated fabrics are expected to dominate the market owing to low cost which makes manufacturers prefer their use in construction, automotive, healthcare and protective clothing applications. Increasing airbags demand is expected to further augment polymer coated fabrics market over the forecast period. Growing safety concerns in manufacturing sector pertaining to worker safety is expected to further propel market growth for polymer coated fabrics over the forecast period....