Coated Fabric Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)

Coated Fabric Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)

The market for coated fabric is expected to grow at a CAGR of more than 5% during the forecast period. One of the major factors driving the Coated Fabric Market is the growing safety concerns in various end-user industry which is increasing the demand for protective clothing. However, environment regulations associated to material waste is expected to hinder the growth of the market studied.

• Automotive & transportation industry dominated the market and is expected to grow during the forecast period.
• Asia-Pacific dominated the market across the globe with the largest consumption from the countries such as China, Japan and South Korea.

• Global industrial protective clothing market is growing at a rapid pace. Agriculture, food processing, law enforcement, chemical processing, medical, and military are major industries using protective clothing where participants must be shielded from chemicals, heat, biological contaminants, or other environmental risks.
• Moreover, government implementations such as Model Work Health and Safety Act in Australia and European Union’s Directive 89/686/EEC are influencing industries towards industrial protective clothing adoption.
• Standardized safety protective measures implementation to the workers associated with industrial operations and safety packages used in rescue and swimming purposes is expected to further drive the protective clothing market.
• All these factors are increasing the demand for aprons, chemical & hazardous material suits, clean room clothing, gloves, reflective clothing, footwear, and cut & slash-resistant clothing.

• Rising penetration in transportation and protective clothing applications due to presence of numerous manufacturing companies is expected to drive coated fabrics market in the region.
• The countries like China, Japan and South Korea have implemented strict regulations and measures ensure the safety of the workers. For instance, China has implemented Workplace Safety Law in 2014 which ensures employees with all necessary safety equipment, including goggles, hard hats, and protective or other clothing.
• The region is expected to witness over 6% growth owing to emerging business in chemical, automotive, and healthcare industry in South Korea, India, and Malaysia.
• China is the world leader in infrastructure investments and has an array of railroad expansions planned during the forecast period. The ongoing Belt and Road project, often cited as China's new silk road, acts as one among the major factors driving the infrastructure growth in the region.
• With the existing stronghold in the infrastructure, power and oil sectors, the country is expected to witness a substantial growth over the forecast period.

The coated fabric market is fragmented with the presence players in the regional and country level. Some of these major players include Saint-Gobain, Trelleborg Group, Graniteville, OMNOVA Solutions Inc., and Bo-Tex America.

• The market estimate (ME) sheet in Excel format
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