Market Size of Elastomer Coated Fabric Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | > 4.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Elastomer Coated Fabric Market Analysis
The market for elastomer coated fabrics is expected to register a CAGR of over 4% globally during the forecast period. The major factors driving the market are growing demand from the automotive and transportation industry and the easy availability of raw materials. On the flip side, environmental concerns related to the use of solvents in elastomer coated fabrics and unfavorable conditions arising due to the COVID-19 outbreak are hindering the growth of the market.
- The transportation application is expected to dominate the global elastomer coated fabric market over the forecast period.
- The Asia-Pacific region represents the largest market, and it is also expected to be the fastest-growing market over the forecast period, owing to the increasing consumption from countries such as China, India, and Japan.
