Elastomer Coated Fabrics Market Growth & Analysis | 2023-28

Market Insights

The elastomer coated fabrics market is estimated to grow from USD 9.29 billion in 2022 to USD 11.48 billion by 2028 at a CAGR of 4.16% during the forecast period.

Wish to get a Free Sample? Register here.

What is elastomer coated fabric?

Elastomer coated fabrics are treated with TPU, TPO, silicone, or rubber to improve durability, strength, and weather resistance. The fabrics are coated with the aforesaid materials that make them more impervious to damage.

Market Dynamics

The elastomer coated fabrics market is driven by a host of factors, some of which are noted below:

• Growing automotive industry demand for elastomer coated fabrics.
• The market expansion of elastomer coated fabrics is being fueled by India and other Southeast Asian nations.
• The automotive industry is expected to experience growth in demand for elastomer-coated fabrics, driven by increased usage of silicone and thermoplastic polyurethane fabrics for abrasion resistance and flexibility in body moldings, interiors, instrument panels, seat covers, and drive belts.
• Rapid global air travel demand drives growth in commercial aircraft manufacturing, driving the elastomer coated fabric market to accommodate more passengers.

To get the full scope of the report, Register here.

Segment Analysis

By Application Type

The market is segmented as transportation; protective clothing; industrial; roofing, awnings, & canopies; furniture & seating; and others. The transportation segment is projected to maintain its dominance over the forecast period owing to the rising demand from aircraft, automotive, and marine industries. Properties such as water, UV, and rot resistance are also likely to boost the segment’s demand over the forecast period.

By Product Type

The market is segmented as TPU coated fabrics, TPO coated fabrics, silicone coated fabrics, and rubber coated fabrics. The silicone coated fabrics’ segment accounted for the largest share of the market in 2021, and is expected to maintain its dominance, on account of the growing demand for protective clothing and industrial applications. Improving safety regulations for workers are also likely to augment the growth of the segment over the forecast period.

By Region

Asia-Pacific is expected to be the largest market. The Asia-Pacific’s market is expected to grow with a lucrative CAGR due to growing industrialization coupled with heavy investments in industries such as automotive, oil & gas, chemical, infrastructure, and steel. China and India are the growth engines of the region.

Want to know which region offers the best growth opportunities? Register here.

Segmentation

The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market. 

The elastomer coated fabrics market is segmented into the following categories. 

By Application Type:

• Transportation  
• Protective Clothing 
• Industrial
• Roofing, Awnings, & Canopies 
• Furniture & Seating 
• Others 

By Product Type:

• TPU Coated Fabrics 
• TPO Coated Fabrics 
• Silicone Coated Fabrics 
• Rubber Coated Fabrics 

By Region:

• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

key Players

Some of the major players in the market are-

• Continental AG
• Low & Bonar PLC
• Saint-Gobain SA
• Omnovo Solutions Inc.
• Takata Corporation
• Seaman Corporation
• Serge Ferrari Group
• Sioen Industries NV
• Spradling International Inc. 

Research Methodology

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.

More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.

We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights. 

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market. 

What Deliverables Will You Get in this Report?

Customization Option

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of any one of the product types by application type.  

Competitive Benchmarking

• Benchmarking of key players on the following parameters: product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.