Global PVC Coated Fabrics Market - 2023-2030

Global PVC Coated Fabrics Market - 2023-2030

Market Overview

The global PVC coated fabrics market reached US$ XX million in 2022 and is projected to witness lucrative growth by reaching up to US$ XX million by 2030. The market is growing at a CAGR of 5.3% during the forecast period (2023-2030).

A fabric coated with a thin layer of polyvinyl chloride is a PVC-coated fabric. Its coating makes the material waterproof and airtight, offering additional protection against extreme weather conditions like torrential downpours or windy environments. A type of fabric known as PVC coated fabric has an additional layer on top that can be constructed from various materials.

One of the primary benefits of PVC coated fabrics is their ability to resist water and moisture. It makes them ideal for use in applications where protection from the elements is critical, such as for truck tarps, boat covers, and camping tents. Additionally, PVC coated fabrics are also resistant to abrasion and tear, which makes them suitable for use in high-traffic areas and industrial environments.

Market Dynamics

Growing demand for energy-efficient materials in building and infrastructure development

The construction industry is a major user of PVC coated fabrics, as they are used in manufacturing roofing membranes, waterproofing membranes and building wraps. The increasing construction and infrastructure development activities globally are expected to drive the demand for PVC coated fabrics. PVC coated fabrics are energy-efficient and can reduce heating and cooling costs in buildings and other structures. It is expected to drive the demand for PVC coated fabrics in the global market.

Stringent governmental regulations

One of the main hurdles to the growth of PVC coated fabrics is the restriction on the use of hazardous chemicals in the production process. Many countries have banned or restricted the use of certain chemicals used in PVC production, such as lead and cadmium, due to their toxicity. These restrictions have forced PVC manufacturers to look for alternative chemicals that are less harmful to the environment and human health, which can increase production costs and affect the quality of the final product.

COVID-19 Impact Analysis

The COVID-19 analysis includes Pre-COVID Scenario, COVID Scenario and Post-COVID Scenario along with pricing dynamics (including pricing change during and post-pandemic comparing it with pre-COVID scenarios), demand-supply spectrum (shift in demand and supply owing to trading restrictions, lockdown and subsequent issues), government initiatives (initiatives to revive market, sector or industry by government bodies) and manufacturers strategic initiatives (what manufacturers did to mitigate the COVID issues will be covered here).

Segment Analysis

The global PVC coated fabrics market is segmented based on type, application and region.

The growing demand for durable material covering a wide range of application

Fiberglass segment in PVC coated fabrics holds the largest market share at the global level. Fiberglass is an important material in the PVC coated fabric market due to its strength, durability, and resistance to fire, chemicals, and UV radiation. It is used in a wide range of applications, including tension structures, awnings, industrial curtains, tarps, inflatable structures, and outdoor structures like tents. For example, fiberglass coated with PVC can be used to make industrial curtains, tarps, and covers for trucks and heavy machinery.

Fiberglass coated with PVC can also be used in the production of inflatable structures, such as inflatable boats, kayaks, and other watercraft. The combination of fiberglass and PVC provides a lightweight and durable material that can withstand the rigors of water sports.

Geographical Analysis

Chinese government's emphasis on infrastructure development

China is the largest producer and consumer of PVC coated fabrics in the Asia-Pacific. The country's growing economy and large population have led to increased demand for products that use PVC coated fabrics. The Chinese government's emphasis on infrastructure development has also led to increased demand for PVC coated fabrics in the construction industry.

India is another significant market for PVC coated fabrics in the Asia-Pacific. The country's growing population and rising middle class have led to increased demand for automobiles, which in turn has driven demand for PVC coated fabrics. The construction industry in India is also a major consumer of these materials, with the government's emphasis on affordable housing driving demand for PVC coated fabrics used in the construction of low-cost housing.

Competitive Landscape

The major global players in the market include Sioen Industries NV, Extruflex Group, SRF, Seaman Corporation, Haartz Corporation, B & V Membranes, Attwoolls Manufacturing, Vortex Flex Pvt. Ltd, SURTECO Group SE, and Zhejiang Satellite Petrochemical.

Why Purchase the Report?
• To visualize the global PVC coated fabrics market segmentation based on type, application and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of PVC coated fabrics market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping is available in Excel consisting of key products of all the major players.

The global PVC coated fabrics market report would provide approximately 53 tables, 53 figures and 201 Pages.

Target Audience 2023
• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies