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Global coated fabrics industry share is highly fragmented as the industry top six players accounting for over 25% of the global demand. Based on revenue, major industry player includes:
The coated fabrics industry size from protective clothing applications is anticipated to strike a 4% CAGR through 2024 driven by the rise in the number of standardized safety protective measures.
The coated fabrics industry size in Europe will see inclination with the booming transportation and protective clothing sector across the region.
Demand for rubber coated fabrics is expected to reach more than USD 2 billion through 2024 owing to the higher need for enhanced durability, flexibility, elasticity, and resistance to degradation properties.
The market share of coated fabrics is slated to witness gains at around 4% CAGR up to 2024 owing to increasing adoption in manufacturing airbags and seat covers across the automotive sector.