Elastomer Coated Fabrics Market is Expected to grow at a CAGR of 3.9% During Forecast 2021-2027
The global elastomer coated fabrics market is anticipated to grow at a CAGR of around 3.9% during the forecast period (2021-2027). The growth in automotive sector is the major factor creating the wide scope for elastomer coated fabrics market in Asia-Pacific. Moreover, the high availability of fabric raw material in the region is boosting the market growth. In Asia-Pacific, China is the major economy contributing significantly to the market growth owing to the presence of high population base, and demand for automobiles due to the increase in disposable income levels. According to the China Association of Automobile Manufacturers, over 27 million vehicles were sold in 2018, and automobile output will reach 30 million units by 2020 and 35 million by 2025. This led to the more demand for elastomer coated fabrics during the forecast period. Coated fabrics are specialized coated woven or non-woven cloth made from elastomers or polymers, depending upon the intended application. Coating might be applied to surface or saturated into the material’s bulk. The properties possessed by elastomer coated fabrics such as abrasion resistance, high frequency (HF) weldability, resistance to water, mildew, or sunlight makes them demand in automotive sector.
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Moreover, increasing R&D towards creating low
cost and environmentally safe elastomer coated fabrics coupled with elevated
investment from market players towards finding superior coating material will
accelerate the market growth. In 2017, ZC Rubber and the Ningbo Institute of
Materials Technology & Engineering, Chinese Academy of Sciences, had built
a new R&D center for rubber and environmentally-friendly materials. The
facility is highly focused on the development of rubber and materials for smart
production, new energy, and green material.
Market Coverage
• The market number
available for – 2020-2027
• Base year- 2020
• Forecast period-
2021-2027
• Segment
Covered-
o By Product
o By Application
• Regions Covered-
·
North America
·
Europe
·
Asia-Pacific
·
Rest of the World
·
Competitive Landscape- Continental AG, Low & Bonar
PLC, Omnovo Solutions Inc., Saint-Gobain SA, Seaman Corp, SRF Ltd., Trelleborg
AB
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Global Elastomer Coated Fabrics Market Report Segment
By Product
·
Silicone Coated Fabrics
·
TPU Coated Fabrics
·
TPO Coated Fabrics
·
Rubber Coated Fabrics
By Application
·
Transportation
·
Protective Clothing
·
Industrial
·
Roofing
·
Awnings, & Canopies
·
Furniture & Seating
·
Others
Global Elastomer Coated Fabrics Market Report by Region
North America
·
United States
·
Canada
Europe
·
UK
·
Germany
·
Spain
·
France
·
Italy
·
Rest of Europe
Asia-Pacific
·
India
·
China
·
Japan
·
South Korea
·
Rest of APAC
Rest of the World
·
Latin America
·
Middle East & Africa
Company Profiles
·
Anhui Anli Material Technology Co., Ltd.
·
Chemprene Inc.
·
Colmant Coated Fabrics
·
Continental AG
·
ContiTech AG
·
Cooley Group Holdings, Inc.
·
EREZ Thermoplastic Products
·
HONGWEI INDUSTRY CO.,LTD.
·
inStyle Coated Fabric Solutions, LLC
·
Low & Bonar PLC
·
Mount Vernon Mills, Inc.
·
Omnovo Solutions Inc.
·
Saint-Gobain SA
·
Seaman Corp
·
Serge Ferrari Group,
·
Sioen Industries NV
·
Spradling International Inc.
·
SRF Ltd.
·
Trelleborg AB
·
Uniroyal Global Engineered Products Inc.
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