Global non-expanded polymer coated fabrics market was valued US$ 5.12 Bn in 2019 and is expected to reach US$ 11.34 Bn by 2027, at a CAGR of 3.75% during a forecast period.
The non-expanded polymer coated fabrics also famous as thermoplastic material, which is obtain from fibers and deliver rigid characteristic after manufacturing process. The material offers numerous application in textile, automotive, furniture in terms of lavish and attractive coating.
The report study has analysed the revenue impact of COVID-19 pandemic on the sales revenue of market leaders, market followers, and disrupters in the report, and the same is reflected in our analysis.
Crucial dynamics to drive the global non-expanded polymers coated fabrics is appreciable properties of the materials which includes, excellent resistance towards, moisture and high temperature, suppleness, low materials cost as compared to conventional one, insulation properties, modest strength and firmness and others. It proposes broad range of application amongst furniture, automotive, construction and others industries across the globe.
Rising development together with set-up expansion in ordered to present advanced city and residential area amongst the developed and developing economies are the key reason contributing in the market growth couples with lucrative growth opportunities to the market. Widespread venture in chemical, oil & gas, construction & infrastructure and manufacturing industries tied with prominent financial development across the APAC followed by Europe, North America is anticipated to motivate the regional market demand.
The application of non-expanded polymer coated fabrics bid number of important facts over diverse categories owing to the feel, excellent quality, and cost effectiveness nature is attracting the vendors to invest in the market by the end of 2027. These polymers are documented as most preferred choice of the manufacture in making of several products, thus growth amongst the enterprises, small and large scale unit, transportation industries such as private and general cars to aircraft and other industries are raising the market demand for the targeted material. Hence, availability of raw material as per manufacture and consumer demand is another factor to propel the market request in coming years.
Moreover, presence of substitutes and fluctuation in raw material cost is hindering the market growth.
Non-Expanded Polymer Coated Fabrics Market Segment analysis
Furniture industry followed by automotive & transportation expected to remain the leading sector to dominate the overall market during the forecast period with an estimated CAGR XX% during the forecast period. Non-expanded polymer coated fabrics are used for various type of coating for the residential as well commercial industries so as to enhance and maintain the durability of materials coupled with smooth finishing, as listed applications highly demand for the properties such as moisture resistance, heat resistance, soft texture, lavish appearance, UV protection, washable ability and others, non-expanded polymer coated fabrics provides all the client needs since, considered as a major growth factor for the coating materials being used in the coating such as polyurethane, silicon, and other during the forecast period. Huge demand for the furniture across the globe is factor to drive the global non-expanded polymers coated fabric market during forecasted period.
Non-Expanded Polymer Coated Fabrics Market Regional analysis
Regionally, Asia Pacific is anticipated to witness the fastest market growth during the forecast period expanding at a CAGR of XX% over the forecast period. Growing consumption of product together with mounting demand for automotive, gloves, flooring, wall covering, raincoats, furniture, transportation industrial growth in the region is likely to boost the market growth. Asia Pacific documented for major revenue holder for the non-expanded polymer coated fabrics market, followed by markets in Europe, North America, Middle East & Africa and Latin America, the respectively. Speedy expansion beside with developing infrastructure advancement events in emerging economies including India, Indonesia, and China is anticipated to push market growth. Furthermore, existence of large number of market players in the region is estimated to drive the market growth during estimated years.
The objective of the report is to present a comprehensive analysis of the Global Non-Expanded Polymer Coated Fabrics Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Non-Expanded Polymer Coated Fabrics Market dynamics, structure by analysing the market segments and project the Global Non-Expanded Polymer Coated Fabrics Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Non-Expanded Polymer Coated Fabrics Market make the report investor’s guide.
Scope of Non-Expanded Polymer Coated Fabrics Market
Global Non-Expanded Polymer Coated Fabrics Market, By Type
• PVC (Polyvinyl Chloride)
Global Non-Expanded Polymer Coated Fabrics Market, By Application
• Marine Vehicle Transportation
• Construction Industry
• Furniture Industry
Global Non-Expanded Polymer Coated Fabrics Market, By Region
• North America
• Asia Pacific
• Latin America
• Middle East & Africa
Key Players Operating the Non-Expanded Polymer Coated Fabrics Market,
• Koch Industries Incorporated
• Haartz Corporation
• Bradford Industries Incorporated
• Beckmann Converting Incorporated
• Uniroyal Engineered Products LLC
• Glen Raven Incorporated
• OMNOVA Solutions
• Takata Corporation
• Fiberweb PLC
• Bayer AG
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