Coated fabrics comprises fabrics that are coated with rubber, plastic, lacquer, varnish, polyethylene, or any other substrate making them more flexible and durable. The superior properties of coated fabrics such as high elasticity, high water resistance, better insulation and thermal management properties, absence of stickiness and ability to drape increases its applications in transportation, industrial uses, furniture, protective clothing etc. Coated fabrics are used in wide range of end products such as airbags, clothing, upholstery, tarpaulins, and tents, among others. These fabrics are also used in industries such as manufacturing, construction, automotive, and apparel. Additionally, these fabrics find use in various medical applications such as medical laminates and medical inflatable’s. One of the major key drivers to the growth of this market is the rapid development in technology coupled with growing industrialization. Increasing growth in automotive industry is expected to boost the coated fabrics market over the forecast period. This growth will be due to the rise in demand of coated fabrics in the production of airbags for the automobile industry. Moreover, increasing sales of motor vehicles, particularly in emerging economies of India, China and Brazil coupled with an increased emphasis on road safety is further expected to augment the growth of the market. Increasing demand for protective clothing due to its wide application in food processing, agriculture, chemical processing is expected to fuel the market growth of coated fabrics. The demand of coated fabric in Asia-Pacific is expected to increase owing to growth in the population coupled with increase in disposable income and increasing in living standards of people of China. One of the major factors inhibiting the growth of the coated fabrics market is the rising awareness about environmental issues. It is observed that coated fabrics are a major source of hazardous air pollutants. In addition, availability of substitutes such as plastic, leather and uncoated fabrics also hinders the growth of this market.
Based on the different types of products, coated fabrics are classified into categories such as polymer coated fabrics, fabric backed wall coverings and rubber coated fabrics. Polymer coated fabrics are manufactured from various emulsions and mixtures of polyvinyl chloride. The main feature of polymer coated fabrics is that they are manufactured at a relatively low cost and thus is expected to dominate the market owing to the surging demand of airbags in automobiles and increasing demand in protective clothing. In addition, polymer coated fabrics is expected to increase its market share pertaining to growth of safety concerns and stringent government regulations meant for providing safety to workers in industrial operations. The market for fabric backed wall is expected to witness a marginal increase owing to the increase in urban population coupled with infrastructural development in housing sector.
Coated fabrics are widely used in various applications which include protective clothing, transportation, furniture, industrial and others (commercial, travel ware, blankets). Transportation application segment occupied the largest market share of coated fabrics of around 34% in 2013. It is expected to show continuous growth at rapid pace owing to increasing demand of automobiles coupled with the infrastructural developments meant for railway and metro-rail stations. Implementation of safety standards meant for industrial workers is further expected to drive the demand for protective clothing thus fuelling the market growth of coated fabrics. Increasing in the living standard of the people is expected to augment the demand of coated fabrics in furniture applications.
Asia Pacific is the largest regional market, accounting for over 50% of revenue in 2013, demand in this region is expected to grow due to surging population, increasing automotive demand and increasing infrastructural developments in the countries such as China and India. North America and Europe are expected to grow at a slower pace due to less infrastructural developments coupled with matured market in these regions.
Key companies in this market include Omnova Solutions, Saint-Gobain S.A., Spradling International Inc., Takata Corporation, Trelleborg AB, Bo-Tex Sales Co., Mauritzon Inc., ContiTech AG, Isotex S.p.A, and Graniteville Specialty Fabrics among others.