“The automotive engineered coated fabric market value was US$ 281 million in 2024 and is likely to grow at an impressive CAGR of 2.5% in the long run to surpass US$ 330 million in 2031.”
Market Dynamics
Introduction
In the ever-evolving automotive industry, engineered coated fabrics have emerged as indispensable materials combining functionality, durability, and aesthetic appeal. These fabrics meet the demanding performance and safety requirements for applications such as hoses, drive belts, and airbags. To make automotive and electric vehicles more fuel-efficient, lightweight materials like engineered coated fabrics are used, so their demand is rising to reduce vehicle weight. Key developing countries like China and India are fuelling the demand for these fabrics and increasing global demand for them.
The market is gaining attention due to their durability, safety, and sustainability. They are used in traditional and electric vehicles, so their demand has peaked. The key market trends are weight reduction, antimicrobial coatings, and longer vehicle life expectancy. Demand for premium interiors, advancement in material technologies, increase in automotive production, and the shift toward lightweight and sustainable solutions are the key drivers of the market.
The global growth in the automotive industry and the demand for high-quality automotive features are increasing the use of engineered coated fabric. As some consumers demand more luxury and comfort in their cars, manufacturers are shifting towards advanced fabric technologies to meet their desires. Innovations like breathability, environment-friendliness, and stain resistance offer remedies to environmental concerns and premium experiences.
Market Segments' Analysis
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Segmentations
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List of Sub-Segments
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Segments with High Growth Opportunity
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Application-Type Analysis
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Airbags, Drive Belts, Hoses, Brake Shims and Other Application Types
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Airbags are expected to be the dominant application type during the forecast period.
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Substrate-Type Analysis
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Polyester, Fiberglass, Aramid, Polyamide, and Other Substrate Types
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Polyester is projected to be the dominant substrate throughout the forecast period.
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Coating-Type Analysis
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Urethane, Rubber, Silicone, and Other Coating Types
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Urethane is projected to be the market’s most preferred and dominant coating during the forecast period.
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Region Analysis
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North America, Europe, Asia-Pacific, and The Rest of the World
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Asia-Pacific is anticipated to retain its position as the dominant region during the forecast period.
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By Application Type
“Airbags remain the largest and fastest-growing application during the forecast period.”
- Airbags demand fabrics capable of withstanding complicated conditions during a crash; for instance, the fabric must withstand sudden inflation pressure, heat buildup, and pressure and force exerted by the airbag during inflation.
- High-strength nylon, polyester, or specific polymer-coated fabrics are selected on their ability to be dimensionally stable under considerable heat and stress and to withstand considerable stretching and rubbing friction in airbags.
- In recent years, increasing safety standards, technological advancements, and the expanding global automotive market have led to the growth of other applications such as airbags and seat belts.
- Engineered-coated fabrics allow for the creation of hoses that can withstand high temperatures and chemical exposure, helping to improve vehicle performance, fuel efficiency, and emissions control.
By Substrate Type
“Polyester is expected to remain the dominant substrate of the market during the forecast period.”
- Polyester is dominating the market due to its affordability, strength, versatility, and ability to meet the performance demands of the automotive industry. Its tensile strength is around 410 to 550 MPa, which helps improve the durability of applications such as automotive seat belts and airbag fabrics.
- Polyester can tolerate wear and tear very well. Because of this property, it is used in high-traffic automotive applications such as seat covers.
- Polyamide-coated fabric is used to manufacture airbags, including knee airbags, because of its high durability and capability to withstand high pressure during deployment.
By Coating Type
“Urethane is expected to remain the prevailing coating of the market during the forecast period.”
- Urethane-coated fabrics are known for their abrasion resistance, making them suitable for high-performance applications where durability is critical, such as automotive interiors and seating.
- Urethane is more lightweight than others, which helps lightweight automotive components. This fulfills the industry’s growing focus on fuel efficiency and reduced emissions by lowering the overall weight of vehicles.
- Silicone and rubber are temperature-resistant, flexible, chemically stable, and durable. This increases their demand for automotive-engineered coated fabrics, making them the key elements in airbag applications.
Regional Analysis
“Asia-Pacific is projected to remain the largest market for automotive-engineered coated fabrics during the forecast period.
- Asia-Pacific is the primary and fastest-growing market for engineered coated fabrics due to the strong automotive industry, strong manufacturing sector, technological advancement, growing EV market, and supportive government policies
- Rapid urbanization, economic growth, and growing consumer preferences in the Asia-Pacific region are driving demand for new high-performance automotive components, reinforcing its leadership in the global automotive engineered coated fabric market.
- Europe is the second largest market for automotive-engineered coated fabric due to the well-established automotive industry, focus on technological innovation, and growing demand for hybrid electric vehicles.
Key Players
The market is fragmented, with over 50 players globally. Most of the major players compete in some of the governing factors, including price, service offerings, regional presence, etc. The following are the key players:
Here is the list of the Top Players (Based on Dominance)
- Continental
- Trelleborg
- Omnova Solutions Inc.
- Haartz Corporation
- Fothergill Engineered Fabrics
- Freudenberg
- Uniroyal Global
- Polynova Industries Pvt. Ltd.
Note: The above list does not necessarily include all the top players in the market.
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Report Features
This report provides market intelligence most comprehensively. The report structure has been kept so that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis.
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
- Market trend and forecast analysis.
- Market segment trend and forecast.
- Competitive landscape and dynamics: Market share, Service portfolio, New Product Launches, etc.
- COVID-19 impact and its recovery curve
- Attractive market segments and associated growth opportunities.
- Emerging trends.
- Strategic growth opportunities for the existing and new players.
- Key success factors.
The global automotive-engineered coated fabric market is segmented into the following categories.
Automotive Engineered Coated Fabric Market by Application Type
- Airbags (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Drive Belts (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Hoses (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Brake Shims (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Other Application Types (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
Automotive Engineered Coated Fabric Market by Substrate Type
- Polyester (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Fiberglass (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Aramid (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Polyamide (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Other Substrates Types (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
Automotive Engineered Coated Fabric Market by Coating Type
- Urethane-coated fabrics (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Rubber-coated Fabrics (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Silicone-coated fabrics (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Other Coating Types (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
Automotive Engineered Coated Fabric Market by Region
- North America (Country Analysis: The USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, The UK, Russia, and Rest of Europe)
- Asia-Pacific (Country Analysis: Japan, China, India, and Rest of Asia-Pacific)
- Rest of the World (Country Analysis: Brazil, Argentina, and Others)
Research Methodology
- This strategic assessment report from Stratview Research provides a comprehensive analysis that reflects today’s automotive engineered coated fabric market realities and future market possibilities for the forecast period
- The report segments and analyzes the market in the most detailed manner to provide a panoramic view.
- The vital data/information provided in the report can play a crucial role for market participants and investors in identifying the low-hanging fruits available in the market and formulating growth strategies to expedite their growth process.
- This report offers high-quality insights and results from 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 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
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- Detailed profiling of additional market players (up to three players)
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Competitive Benchmarking
- Benchmarking of key players on the following parameters: Service portfolio, geographical reach, regional presence, and strategic alliances
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