Polymer Coated Fabric Market Estimated to Exhibit 7.09% CAGR through 2022
Added: (Thu Nov 29 2018)
Varying technical textiles demand across various industrial verticals has been revealed in a report published by Research Report Insights over the forecast period by 2022. The market for polymer coated fabric is estimated to reach a valuation of US$ 19000 Mn by 2022-end, after analyzing a slew of factors influencing the dynamics of market. The market is expected to witness expansion at steady single-digit CAGR, and is concentrated in APEJ region.
PE Coated Fabrics to Hold One-fifth Market Share
Polymer coated fabrics having moisture barrier properties are expected to gather more demand in the market. Polyethylene coatings, which can prevent moisture from infusing the fabric will remain most lucrative. In terms of revenues, PE coated fabrics are expected to hold nearly 20% share of the market. The PE coated fabrics are expected to be garnering more demand in near future, while its contribution to overall market revenues won’t be as remarkable as rest of the product-types.
Request For Report Sample with Table of Contents@ https://www.researchreportinsights.com/report/sample/110114985/Polymer-Coated-Fabric-Market
Drivers and Restraints
A variety of mechanical and physical advantages provided by PE coated fabrics owing to their minimum water permeation features is anticipated to increase the application range of polymer coated fabrics. In terms of value, the PE coated fabrics is likely to exhibit fastest sales increase by expansion at healthy CAGR over the forecast period. Vinyl coated fabrics are likely to be witnessed as top-grossing products in the market and is likely to procure two-fifth market share by 2017-end.
Woven textile materials are likely to lose its trend in polymer coated fabric market in near future. Demand for the non-woven polymer fabrics are anticipated to overcome that of the polymer coated fabrics manufactured from woven textile materials. Woven textile materials are expected to secure more than one-third market share, while knitted textile materials are likely to hold two-fifth value share of total polymer coated fabric market. Bad selvedge and drop stitches are some of major deficiencies in woven textile products that have affected the lower uptake of polymer coated fabrics.
Request For Report Discount@ https://www.researchreportinsights.com/report/discount/110114985/Polymer-Coated-Fabric-Market
Analysis of Market Based on Segmentation
APEJ region is anticipated to remain most profitable in the polymer coated fabric market, followed by North America and Europe. The polymer coated fabric market in Africa (MEA) and Middle East will exhibit fasted expansion at single-digit CAGR through 2022. While, industrial applications are likely to generate growing opportunity to reach nearly US$ 1000 Mn, transportation application of polymer coated fabric will have less demand in the foreseeable future. In terms of applications, production of canopies, roofing and awnings are projected to remain lucrative in the market, reaching a valuation nearly US$ 3000 Mn by the end of 2022.
Competitive Landscape
E I du Pont de Nemours and Company, Bayer AG, 3M Company, Nippon Paint Holdings Co., Ltd., Saint-Gobain, PPG Industries, Inc., The Sherwin-Williams Company, Akzo Nobel NV, The Valspar Corp, and BASF SE are some prominent players that will contribute in the growth of market during the forecast period
Report Analysis@ https://www.researchreportinsights.com/report/rd/110114985/Polymer-Coated-Fabric-Market
About Us:
Research Report Insights (RRI) is a leading market intelligence and consulting firm.
We deliver a host of services including custom research reports, syndicated research reports, and consulting services which are personalised in nature.
RRI delivers a complete packaged solution to clients;this combines current market intelligence, technology inputs, statistical anecdotes,
valuable growth insights, 360-degree view of the competitive framework, and anticipated market trends.
Our research services cover global as well as regional emerging markets such as BRICS, GCC, and ASEAN.
Our offerings cover a broad spectrum of verticals which include Oil and Gas, Chemicals, Materials, Energy, Technology, Automotive, and Retail.
The operating model of RRI blends cross-disciplinary research experience to deploy insightful, in-depth, and actionable research.
Contact Us:
Research Report Insights
42 joseph street,
Portcarling P0B 1J0,
Muskoka, Ontario
T: +1-631-721-4201
Email: sales@researchreportinsights.com
Web Site: http://www.researchreportinsights.com