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Engineered Coated Fabrics Market Report
Engineered Coated Fabrics Market is Segmented by End-Use Industry Type (Automotive, Aerospace & Defense, Oil & Gas, Marine, and Others), by Coating Type (Polyurethane, Rubber, Silicon, and Others), by Substrate Type (Polyester, Fiberglass, Aramid, Polyamide, and Others), by Coating Process Type ...
Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
Engineered coated fabrics refer to the highly technically coated fabrics, which include the combination of technical fibers and specific polymers to coat the fabric as per diverse requirements of applications. The engineered coated fabrics are marking their presence in various high-end technically advanced applications for various end-use industries. Some of the keys engineered coated fabric applications are airbags, aerostats, evacuation slides, train bellows, gaskets and seals, fuel storage, as well as health and medical accessories, such as wound retractors and cuffs mattresses.
The engineered coated fabrics market is characterized by a wide array of factors which are directly or indirectly engendering the growth of the market. Among all, the biggest factor is the continuous gain in the market traction of engineered coated fabrics in various end-use industries including aerospace & defense and automotive, owing to their superior performance. Another factor pushing the demand for engineered coated fabrics market is a growing penetration of polymers and textiles in various industries, such as aerospace & defense, automotive, marine, and oil & gas. Increasing aircraft deliveries, increasing defense budget of developing economies, especially China and India, and rising passenger safety concerns are further proliferating to the growth of the engineered coated fabrics market.
The global engineered coated fabrics market is projected to grow at a healthy growth rate over the next five years to reach US$ 923.6 million in 2024. An organic growth of the automotive and aircraft industry coupled with an increasing demand for lightweight products, the development of new high-performance applications using engineered coated fabrics, an advancement in the technology, and the introduction of stringent government standards regarding the safety are some of the major factors that are bolstering the demand for engineered coated fabrics in various end-use industries.
Engineered coated fabric manufacturers have to rely rigorously on the quality check and legal documentation of parts and process prior to their usage in different end-use industries, which can be a time-consuming process. A growing safety concern and stringent government regulations, such as FAA’s Technical Standard Order (TSO) C69, and FAR 121, and National Transport Safety Board (NTSB), for aircraft evacuation slide and safety provision for workers, are the key factors, which may adversely impact the demand for engineered coated fabrics.
There are a series of directions where the engineered coated fabrics manufacturers are moving today with the purpose to improve the overall customer experience as these fabrics are mostly customized to meet the specific requirements of the customer. Engineered coated fabrics are an indispensable focus area for all the major tier-players, who are engaged in developing products and fabricating parts, such as airbags, evacuation slides, gaskets, seals, fuel tanks, upholstery, and hospital seats, without sacrificing performance.
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Based on the end-use industry type, the engineered coated fabrics market is segmented into Automotive, Aerospace & Defense, Oil & Gas, Marine, and Others. Automotive is likely to remain the most dominant segment of the engineered coated fabrics market over the next five years. Growing demand for lightweight yet durable parts for achieving higher fuel efficiency and increasing passenger safety concerns are the major factors bolstering the demand for engineered coated fabrics in the automotive industry.
The aerospace & defense segment is likely to grow at the highest rate during the forecast period, driven by increasing aircraft deliveries, growing safety concerns, stringent government regulations, and increasing usage of engineered coated fabrics in ballistic jackets, safety floats, and other defense applications.
Based on the process type, the engineered coated fabrics market is bifurcated into Calendaring, Hot-Melt, Knife, and Others. Calendaring is the most widely preferred coating process in the global engineered coated fabrics market. It is considered as an ideal process for rubber-based fabrics processing and is very good at handling heat-sensitive polymers. The hot-melt coating process is projected to grow at the highest rate, owing to its low-processing time. In the hot-melt coating process, the coating material can be applied without any organic solvents at a high application rate, which leads to its low-processing time.
Based on the substrate type, the engineered coated fabrics market is segmented into Polyester, Fiberglass, Aramid, Polyamide, and Others. Fiberglass substrate is expected to remain the fastest-growing segment of the global engineered coated fabrics market during the forecast period (2019-2024), whereas polyester, aramid, and polyamide, other major substrate types, are likely to witness healthy growth rates over the next five years. Fiberglass substrates offer high-tensile strength and possess excellent resistance to heat and flame, making them one of the most preferred substrates for engineered coated fabrics.
Based on the regions, North America is projected to remain the largest market for engineered coated fabrics during the forecast period, driven by both OE as well as aftermarket segments. The USA is the growth engine of the region’s market and has the presence of almost all major engineered coated fabric manufacturers including Omnova Solutions and Uniroyal Global Engineered Products. Consistent growth in the automotive and aerospace & defense industries is likely to boost the overall demand for engineered coated fabrics in the North American market.
Asia-Pacific is likely to witness the highest growth during the forecast period, driven by a host of factors, such as an increasing automobile production, propelled by beefing up the production of existing plants as well as rolling out new plants; growing aerospace & defense industry, supported by increasing defense budget and rising passenger traffic; growing textile industry and a gradual shift of manufacturing base from the developed economies to the developing Asian economies. China and Japan are likely to remain the major growth engines of the market, whereas India is likely to be the new growth engine of the region’s market in the coming years.
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Research Scope |
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Trend & Forecast Period |
2013-2024 |
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Regions Covered |
North America, Europe, Asia-Pacific, Rest of the World |
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Size in 2024 |
US$ 923.6 million |
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Countries/Subregions Covered |
The USA, Canada, Mexico, France, Germany, the UK, Spain, Russia, China, Japan, India, Latin America, the Middle East and others |
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Figures & Tables |
>150 |
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Customization |
Up to 10% customization available free of cost |
The global engineered coated fabrics market is segmented into the following categories.
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The supply chain of this market comprises of raw material suppliers, engineered coated fabric manufacturers, distributors, and end-users.
The key engineered coated fabrics manufacturers are-
Some of the key end-users in the industry are-
For calculating the market size, our analysts follow either Top-Bottom or Bottom-Top approach or both, depending upon the complexity or availability of the data points. Our reports offer high-quality insights and are the outcome of 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. We leverage multitude of authenticated secondary sources, such as company annual reports, government sources, trade associations, journals, investor presentation, white papers, and articles to gather the data. More than 10 detailed primary interviews with the market players across the value chain in all four regions and industry experts are usually executed to obtain both qualitative and quantitative insights.
This report, from Stratview Research, studies the global engineered coated fabrics market over the trend period of 2013 to 2018 and the forecast period of 2019 to 2024. 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 following are the key features of the report:
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
Custom Research: Stratview research offers custom research services across the 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 [email protected]
The engineered coated fabrics market size is expected to reach US$ 923.6 million in the foreseeable future.
Graniteville Specialty Fabrics Inc., Lamcotec Inc., Omnova Solutions Inc., Orca – by Pennel & Flipo, Trelleborg AB, Uniroyal Global Engineered Products Inc., and Vintex Inc are the key players in the engineered coated fabrics market.
North America is expected to remain the largest engineered coated fabrics market during the next five years.
Asia-pacific is expected to witness the highest growth in the engineered coated fabrics market in the coming years.
Fiberglass substrate is expected to remain the fastest-growing segment of the global engineered coated fabrics market during the forecast period.
Automotive is expected to remain the dominant end-use industry in the engineered coated fabrics market in the coming years.
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