Coated Fabrics Market Size Worth $27.4 Billion by 2024

Coated Fabrics Market size is set to reach USD 27.4 billion by 2024; according to a new research report by Global Market Insights, Inc.

Increase in automotive sales along with rising regulatory compliances pertaining to passenger safety has encouraged global coated fabrics market growth. Rising worker’s safety concern due to increase in accident occurrence during operational hours have resulted in to standardized rules to provide protective clothing.

Coated fabric market has witnessed immense demand from OEM applications in manufacturing air bags, motor vehicle upholstery, headliners, convertible tops, pickup-truck bed covers, heavy-truck covers and sides, nose covers, and spare tire covers. In terms of material usage nylon has witnessed major use in airbags while polyester is mainly preferable in trucks covers and sides. Aesthetic appearance to seat covers and possibility to customize designs have also influenced product demand in transportation industry.

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Large population size in China and India along with increase in consumer spending on home interiors have encouraged product demand in furniture upholstery and industrial measures such as sealing and contamination controls. Furniture application was valued at over USD 1.9 billion in 2015.

Increase in construction spending in hotels, schools, hospitals, office buildings and apartments due to change in living style & need for renovation is projected to fuel fabric backed wall demand. U.S. fabric backed wall market is projected to witness 5% growth owing to rising consumer demand for residential applications.

Government initiatives to ensure worker safety in industrial environment has positively drove coated fabrics demand in protective clothing. Aprons, chemical & hazardous material suits, clean room clothing, footwear, reflective clothing, and space suits are key protective clothing...