Authored By: Sarah
01 Oct 2024

Latest News:- Elastomer Coated Fabric Market: Transportation is expected to lead the Application segment during 2024-2028

Elastomer Coated Fabric Market to grow at a CAGR of 4.5% during 2024-2028

The Elastomer Coated Fabric Market is expected to grow at a CAGR of 4.5% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 2538.9 million. Elastomer coated fabrics, manufactured using advanced synthetic fibers, offer enhanced durability and flexibility in textiles. These fabrics are preferred in the production of sporting gear due to their robustness and comfort. The same technology is now being incorporated into furniture fabrics, providing exceptional resistance to wear and tear. The stain-resistant properties of elastomer coated fabrics prevent liquids from penetrating the material, allowing for easy cleaning. Additionally, many of these fabrics boast antimicrobial qualities, inhibiting the growth of bacteria and being particularly resistant to mold and mildew. 

Get more information on Elastomer Coated Fabric Market by requesting a sample report

The Transportation subsegment is expected to dominate the Application segment during the forecast period 

Technavio analysts predict that the Transportation subsegment will lead the Application segment during 2024 and 2028 The Elastomer Coated Fabric Market represents a significant business opportunity due to its extensive applications in various industries, including automotive, construction, healthcare, and consumer goods. These fabrics offer superior flexibility, durability, and resistance to weather conditions, making them an essential component in numerous products. Key market drivers include increasing demand for lightweight and durable materials, growing automotive production, and advancements in coating technologies. Companies in this market are focusing on innovation and product development to cater to evolving customer needs and maintain a competitive edge.

Here are the various ways based on which the market is segmented: 

  • Application
    • Transportation
    • Protective clothing
    • Industrial
    • Others
  • Geography
    • North America
    • Europe
    • APAC
    • Middle East and Africa
    • South America

Reasons to Purchase the Global Elastomer Coated Fabric Market Market Research Report by Technavio. What is in it for you?

  • Wealth of Experience: Technavio is an established name in the world of market research. It holds an expertise of more than 20 years in the field, has published 21,000+ reports thereby extensively covering the area in various industries and range of regions
  • Insight into Current Market Trends: Our research reports provide our readers insights into the latest market intelligence, competitor strategies, market trends, changes taking place in the industry and customer preferences, forecasted market opportunities that influence them to make better business decisions
  • High ROI with Extensive Hands-on Research: Technavio is renowned for offering personalized market research reports as per unique business needs, delving deep into specific markets, product segments and demographics. Additionally, it is also well-known for providing high return on investments through its wide collection of data at pocket-friendly rates

There are several factors that are causing the market to flourish increasing government regulations on elastomer coated fabrics

Learn which are the obstacles that the market is experiencing in the way of its growth by accessing the free PDF report

Research Analysis Overview

The Elastomer Coated Fabrics market encompasses a wide range of applications in the transportation industry, particularly in the automotive sector. These fabrics, which include Silicone Coated Fabrics and Rubber Coated Fabrics, are essential components in various automotive parts such as Drive Belts, Seat Covers, Instrument Panels, Body Moldings, and Airbags. Elastomer Coated Fabrics offer flexibility and superior abrasion resistance, making them ideal for these applications. In the automotive production process, raw materials like Thermoplastic Polyurethane (TPU) and Silicone Fabrics are used to manufacture these fabrics. TPU is commonly used for seat covers and instrument panels due to its excellent flexibility and durability. Silicone Fabrics, on the other hand, are preferred for applications requiring high temperature resistance and waterproofing, such as body moldings and airbags. The transportation application of Elastomer Coated Fabrics extends beyond the automotive industry. They are also used in Commercial Aircraft interiors for seat covers, wall panels, and flooring. In addition, these fabrics find use in composites, nonwovens, yarns, and fabric production. The Lacquering System and Metallic Coatings are used to enhance the aesthetic appeal of these fabrics, offering options in various colors, including camouflage and transparent. Acryl and other raw materials are used to produce these coatings. Overall, Elastomer Coated Fabrics play a crucial role in enhancing the functionality and aesthetics of various transportation applications.

Market Research Overview

The global textiles market encompasses a diverse range of product categories, including geotextiles, used for various applications beyond apparel, accessories, luxury goods, and footwear. According to Technavio's market analysis, the textiles sector generates revenue through the manufacturing of textiles, geotextiles, apparel, accessories, luxury goods, and footwear. Factors driving the expansion of the textiles market include the increasing demand for geotextiles, which are synthetic, permeable textiles produced using polymers like polyester, polypropylene, polyethylene, and polyamides. Geotextiles are essential in various industries, such as construction and agriculture, due to their ability to separate, filter, reinforce, protect, and drain. This growing demand for geotextiles will significantly contribute to the market's growth trajectory during the forecast period.

The Elastomer Coated Fabric Market is experiencing significant growth, fueled by the increasing government regulations on elastomer coated fabrics. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

 

Read News Read Less
Interested in this report?
Get your sample now!
Technavio