Increasing demand for elastomer coated fabrics from transportation, protective clothing, and industrial applications is driving the elastomer coated fabrics market.
The market size of elastomer coated fabrics is estimated to reach USD 9.67 billion in 2017 and is projected to reach USD 11.85 billion by 2022, at a CAGR of 4.16% from 2017 and 2022. The market is largely driven by the increased demand from enduse applications such transportation, protective clothing, industrial, and others. The use of solvents in the production of elastomer coated fabrics is the major source of Hazardous Air Pollutants HAPs and is considered as environmentally unsafe. This acts as a major restraint for the elastomer coated fabrics market.
Transportation is the fastestgrowing application segment of the elastomer coated fabrics market.
The demand for elastomer coated fabrics in transportation application can be attributed to its properties such as rotproof, dirt oilrepellent, and mildew, water, and UV resistant. The demand for elastomer coated fabrics is appropriate for a wide range of automotive enduse applications such as interior, exterior, airbags, seat belt, and truck tarpaulin covers, boat seating, boat topping, rafts, and kayaks.
Asia Pacific is expected to lead the market for elastomer coated fabric during the forecast period
The market in the region is driven by the increased demand for elastomer coated fabrics from China and India. China is the largest market in the region. Oil gas, transportation, roofing, and awning canopies are the major enduse applications for elastomer coated fabrics in this region. Thus, the demand for elastomer coated fabrics in the region is increasing.
In the process of determining and verifying the market size for the several segments and subsegments gathered through secondary research, extensive primary interviews were conducted as follows:
By Company Type: Tier 1 31%, Tier 2 46%, and Tier 3 23%.
By Designation: Clevel 46%, Director Level 27%, and others 27%
By Region: North America 24%, Europe 29%, AsiaPacific 24%, South America 14%, and Middle East Africa 9%.
Key companies supplying elastomer coated fabrics are:
SRF Limited India
Trelleborg Sweden
Spradling International US
Serge Ferrari France
SaintGobain Switzerland
Sioen Industries Belgium
OMNOVO Solutions US
Continental AG Germany
Takata Japan
Low Bonar London
Seaman Corporation US
Spradling International US
Research Coverage:
The report segments the elastomer coated fabrics market on the basis of product, application, and region. The major types covered in the report are silicone coated fabrics, TPU coated fabrics, TPO coated fabrics, and rubber coated fabrics. The applications include transportation, protective clothing, industrial, roofing, awnings, canopies, and furniture seating. The market is also segmented on the basis of regions, namely, Asia Pacific, Europe, North America, Middle East Africa, and South America. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products services, key growth strategies, and recent developments such as expansions, new products technology launches, acquisitions, partnerships, agreements, and joint ventures associated with the elastomer coated fabrics market.
Reasons to buy this report:
This report will help leaders/new entrants in this market in the following ways:
Will have a better understanding of the elastomer coated fabrics market
Will provide information on key market drivers, restraints, challenges, and opportunities
Will help gain insights regarding competitors and their positions in the elastomer coated fabrics market
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