Elastomer Coated Fabrics Market Will Generate Record Revenue by 2030

The global elastomer coated fabrics market is anticipated to grow at a CAGR of around 3.9% during the forecast period. The growth in automotive sector is the major factor creating the wide scope for elastomer coated fabrics market in Asia-Pacific. Moreover, the high availability of fabric raw material in the region is boosting the market growth. In Asia-Pacific, China is the major economy contributing significantly to the market growth owing to the presence of high population base, and demand for automobiles due to the increase in disposable income levels. According to the China Association of Automobile Manufacturers, over 27 million vehicles were sold in 2018, and automobile output will reach 30 million units by 2020 and 35 million by 2025. This led to the more demand for elastomer coated fabrics during the forecast period. Coated fabrics are specialized coated woven or non-woven cloth made from elastomers or polymers, depending upon the intended application. Coating might be applied to surface or saturated into the material’s bulk.The properties possessed by elastomer coated fabrics such as abrasion resistance, high frequency (HF) weldability, resistance to water, mildew, or sunlight makes them demand in automotive sector.

Moreover, increasing R&D towards creating low cost and environmentally safe elastomer coated fabrics coupled with elevated investment from market players towards finding superior coating material will accelerate the market growth. In 2017, ZC Rubber and the Ningbo Institute of Materials Technology & Engineering, Chinese Academy of Sciences, had built a new R&D centre for rubber and environmentally-friendly materials. The facility is highly focused on the development of rubber and materials for smart production, new energy, and green material. 

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Market Coverage

• The market number available for – 2023-2030
• Base year- 2023
• Forecast period- 2024-2031

Segment Covered- 

• By Product
• By Application

Regions Covered-

• North America
• Europe
• Asia-Pacific
• Rest of the World
• Competitive Landscape- Continental AG, Low & Bonar PLC, Omnovo Solutions Inc., Saint-Gobain SA, Seaman Corp, SRF Ltd., Trelleborg AB

Elastomer Coated Fabrics Market Report Segment

By Product

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

By Application

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

A full Report of Elastomer Coated Fabrics Market is Available @  https://www.omrglobal.com/industry-reports/elastomer-coated-fabrics-market

Elastomer Coated Fabrics Market Report by Region

North America                                                                                                           

• United States
• Canada

Europe

• UK
• Germany
• Spain
• France
• Italy
• Rest of Europe

Asia-Pacific

• India
• China
• Japan
• South Korea
• Rest of APAC

Rest of the World

• Latin America
• Middle East and Africa 

Company Profiles           

• Anhui Anli Material Technology Co., Ltd.
• Chemprene Inc.
• Colmant Coated Fabrics
• Continental AG 
• ContiTech AG
• Cooley Group Holdings, Inc.
• EREZ Thermoplastic Products
• HONGWEI INDUSTRY CO.,LTD.
• inStyle Coated Fabric Solutions, LLC
• Low & Bonar PLC 
• Mount Vernon Mills, Inc.
• Omnovo Solutions Inc.
• Saint-Gobain SA
• Seaman Corp 
• Serge Ferrari Group, 
• Sioen Industries NV
• Spradling International Inc.
• SRF Ltd.
• Trelleborg AB 
• Uniroyal Global Engineered Products Inc.

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