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Coated Fabrics Market Share,Size, Segmentation, Research and
Forecasts to 2020 | Hexa Research
“ Global coated fabrics market size forecast is estimated at USD 22.57 billion
by 2020.”
14 December 2018
Global coated fabrics market size forecast is estimated at USD 22.57 billion by 2020; as per a new
research report by Hexa Research, Inc. Increasing production of seat covers & airbags for automobile
applications is likely to favor market growth. Strong demand for protective clothing applications across end -
use industries such as military, medical, chemical processing and agriculture should drive industry revenue.
Increase in infrastructure investments is likely to surge the demand for canopies, awnings and wall
coverings.
Favorable government regulations for safety applications in end-use industries are likely to drive the
demand. Stringent regulatory norms by CPSIA and EPA owing to environmental concerns against VOCs
release may challenge industry growth.
Polymer based coated fabrics products dominated the overall demand and accounted for over 85% of the
market share in 2013. They are relatively available at lower costs and are widely preferred used in
residential & automotive applications. Fabric backed wall covering products are likely to witness highest
gains with an estimated CAGR of 4.2% from 2014 to 2020.
Browse Details of Report @ https://www.hexaresearch.com/research-report/coated-fabrics-industry/
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