coated fabric market
DUBLIN, April 30, 2024 (Globe Newswire) — The “Coated Fabrics – Global Strategic Business Report'' report has been added. ResearchAndMarkets.com Recruitment.
Global coated fabric market expected to reach $42.5 billion by 2030
The global market for coated fabrics, estimated at USD 30.3 billion in 2023, is projected to reach a revised size of USD 42.5 billion by 2030, at a CAGR of 5% over the analysis period 2023-2030. grow in
Influencer Market Insights sheds light on the trajectory of the global coated fabrics market and highlights the benefits of polymer coatings on fabrics. Polymer-coated fabrics are emerging as a major product type and driving market trends. An overview of the market reveals insights into the market shares of key competitors and the nuances of the competitive landscape.
Polymer coated fibers, one of the segments analyzed in the report, is expected to register a CAGR of 5.4% and reach USD 24.6 billion by the end of the analyzed period. The growth of the rubber coated fabric segment is estimated at a CAGR of 4.6% over the next seven years.
Global economic updates contextualize market growth against broader economic trends. The surge in demand for protective clothing across various applications is the major driving force driving the coated fabrics market forward.
The US market is estimated at $8 billion, while China is projected to grow at a CAGR of 7.6%
The US coated fabric market is estimated to be USD 8 billion in 2023. China, the world's second largest economy, is expected to reach a projected market size of USD 9.3 billion by 2030, trending at a CAGR of 7.6% YoY. The analysis period is from 2023 to 2030. Other notable geographic markets include Japan and Canada, which are expected to grow by 3.1% and 4%, respectively, between 2023 and 2030.
Within Europe, Germany is expected to grow at a CAGR of approximately 3.7%. The Asia-Pacific market is expected to reach USD 5.8 billion by 2030, led by countries such as Australia, India, and South Korea.
Key attributes:
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report attributes |
detail |
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number of pages |
362 |
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Forecast period |
2023-2030 |
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Estimated market value in 2023 (USD) |
$30.3 billion |
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Projected market value to 2030 (USD) |
$42.5 billion |
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compound annual growth rate |
5.0% |
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Target area |
global |
Market overview
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Insights into the influencer market
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Global market trajectory
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Coated Fabrics: Overview
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Advantages of polymer coatings for fabrics
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Prelude to the coated fabric market
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Polymer-coated fabrics: Typical product types of coated fabrics
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Coated fabric market overview
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Coated Fabrics – Global Major Competitors Market Share Percentage in 2024 (E)
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Competitive Market Presence – Strong/Active/Niche/Mediocre (E) for Players Worldwide in 2024
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Latest information on the world economy
Market trends and drivers
Focus on carefully selected players(177 posts in total)
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Canadian General Tower (CGT)
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Contitech AG
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Graniteville special fabric
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Moritzson Co., Ltd.
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Omnova Solutions Co., Ltd.
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Saint-Gobain Performance Plastics Corporation
For more information on this report, please visit https://www.researchandmarkets.com/r/shfuyf.
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