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Polymer Coated Fabrics Market Trends

Report ID: GMI7665
Published Date: Dec 2023
Report Format: PDF

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Polymer Coated Fabrics Market Trends

Manufacturers are investing in research and development to create coatings with reduced environmental impact, addressing concerns related to waste and chemical usage. Another notable trend is the rising demand for smart coatings, integrating technology for functionalities such as self-cleaning, temperature regulation, and antimicrobial properties. Additionally, customization and innovation in design are gaining prominence as consumers seek unique and aesthetically pleasing coated fabrics for various applications. The market is witnessing collaborations and partnerships between manufacturers and end-users to develop tailored solutions, reflecting a dynamic landscape driven by both environmental considerations and technological advancements.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Polymer coated fabrics industry was valued at around USD 21.12 billion in 2023 and is estimated to reach USD 34.98 billion by 2032 driven by their utility in transportation sector, protective clothing, industrial, roofing, awnings & canopies, and furniture & seating.

PU coated fabric segment accounted for USD 5.62 billion in 2023, fuelled by its qualities of durability, flexibility, and breathability.

Asia Pacific market registered a revenue of USD 6.77 billion in 2023 and is anticipated to expand at a significant pace from 2024 to 2032, attributed to the extensive infrastructure projects and urbanization, driving the need for coated fabrics in applications like architectural membranes, roofing, and automotive interiors.

DuPont, BASF, Covestro, Dow, Huntsman, Evonik, Solvay, and Eastman are some of the major industry contenders.