Market Size of Polymer Coated Fabric Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | < 5.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Polymer Coated Fabric Market Analysis
The market for polymer coated fabric is expected to grow at a CAGR of less than 5% globally. Major factor driving the market studied is the increasing safety measures in the transportation application and stringent regulatory requirements for worker safety. On the flip side, presence of substitutes and unfavorable conditions arising due to the COVID-19 outbreak is hindering the growth of the market.
- Emerging technologies such as plasma coating, nanomaterials and inkjet deposition are expected to create further growth opportunities for the market.
- The transportation industry is expected to dominate the application segment of global polymer coated fabric market as it exhibits superior properties such as elasticity, oil resistance, abrasion and transparency.
- Asia-Pacific region represents the largest market and is also expected to be the fastest-growing market over the forecast period owing to the consumption from countries such as China, India, and Japan.
