Elastomer Coated Fabrics Market Share, Overview, Trends and COVID-19 Analysis Forecast to 2025
Elastomer Coated Fabrics Market Overview
Elastomer coated fabrics are manufactured by automated machines
that are used for coating. It provides significant properties such as excellent
elasticity, visibility along with UV resistance to the finished material.
Moreover, they provide versatility and reliability to the product.
The global COVID-19 analysis on elastomer
coated fabrics market has been driven by the
range of its application in various uses such as transportation, protective
clothing, industrial, roofing, awnings & canopies, furniture & seating,
and others. Moreover, it is estimated that the transportation segment is set to
witness the highest growth in the market due to the growing consumption of
coated fabrics to add extraordinary features such as water and dirt repellence
to the product.
Elastomer Coated Fabrics Market Segmentation
The global market is segregated into product, and
application. On the basis of the elastomer coated
fabrics industry product, the market is further categorized into
silicones, thermoplastic olefin, thermoplastic polyurethane, and rubber
segments. On the basis of the application, the market is segregated into
transportation, protective clothing, industrial, roofing, awnings &
canopies, furniture & seating, and others.
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Market Scenario
The silicone product is the leading segment of the market on
account of its growing consumption in transportation, protective clothing,
industrial and other applications. These materials provide enhanced structural
properties to the product.
The transportation segment is the leading application in the
market and is anticipated to observe a higher CAGR due to extensive use of
coated fabrics to add UV along with corrosion resistance features to the
product.
Elastomer Coated Fabrics Market Regional Analysis
The elastomer coated fabrics industry share is spanned across five key regions: Asia Pacific,
North America, Europe, Latin America, and the Middle East & Africa. Among
these, Asia Pacific holds the major portion of the global market and is
anticipated to continue its dominance due to rising demand for the lightest
metal in various applications. Countries such as China, Japan, and India are
the major players in this region. The North American region is estimated to
witness a higher growth in the U.S., Canada, and Mexico owing to increasing
demand for fabrics in automotive, aircraft, marine, railways, and others. The
enactment of new rules and regulations set by the European Union has driven the
manufacturers to use optimal products in end-use industries. Moreover, it is
projected that the advancing research & development of coated fabrics in
the market has propelled this region to witness a significant growth in
Germany, the U.K, and Italy.
Elastomer Coated Fabrics Market Competitive Analysis
Some of the major players functioning in the global elastomer
coated fabrics market growth are Continental AG (Germany.), Low &
Bonar PLC (Mehler Texnologies) (India), Saint-Gobain S.A. (France),
OMNOVA Solutions Inc. (U.S.), Takata Corporation (Japan), Seaman Corporation
(U.S.), Serge Ferrari (France), Sioen Industries NV (Belgium), Spradling
International, Inc. (U.S.), and SRF Limited (India), among others.
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