U.S. Coated Fabrics (Polymer, Rubber and Fabric Backed Wall Coverings) Market
U.S. Coated Fabrics (Polymer, Rubber and Fabric Backed Wall Coverings) Market for Transportation, Protective Clothing, Furniture and Industrial Applications - Industry Analysis, Size, Share, Growth, Trends and Forecast 2012 - 2018
Press Release :
Coated fabrics are coated by plastics, rubber, varnish and lacquer among other materials. Application of a coat results in increasing the flexibility, water resistance and durability of the fabric. These fabrics are used in a variety of end-use products such as transportation, manufacturing, construction, automotive and apparel among others. Based on the type of raw material used, coated fabrics can be segmented into three categories, viz., polymer-coated fabrics, rubber-coated fabrics and fabric-backed wall coverings. Increasing demand for automobiles in the U.S. is one of the primary drivers which are expected to drive the growth of the market over the next few years. In addition, the rising industrial production rate is expected to boost demand for coated fabrics in industrial applications over the forecast period. Furthermore, recovery of construction industry after the economic crisis in 2008-09 is expected to contribute to the demand for coated fabrics. However, availability of substitute products to coated fabrics coupled with rising environmental concerns regarding pollutants emitted from these fabrics are expected to hamper the growth of the market.
Polymer coated fabric was the largest product segment and accounted for over 85% of the market in U.S. in 2011. This segment is expected to grow significantly within the forecast period on account of its increased use in automobiles as air bags and seat covers. In addition, implementation of standardized safety measures for protective clothing in all industrial sectors by regulatory bodies is expected to boost the demand for polymer coated fabrics. Fabric backed wall covering is expected to be the fastest growing segment on account of its increasing use in residential and non-residential structures.
Demand for coated fabrics from transportation sector was the highest and accounted for over 30% of the market in 2011. However, application of coated fabrics in furniture is expected to show the fastest growth within the forecast period on account of rising economically favorable conditions which in turn leads to increased government spending and increased disposable income of consumers. Transportation is expected to be the second fastest growing segment present within the market on account of increasing safety measures in vehicles coupled with growing demand for automobiles.
The U.S. market for coated fabrics is highly fragmented with top six participants of the market contributing approximately 26% of the total coated fabrics market in 2011. Omnova Solutions was the market leader in supplying coated fabrics in the U.S. market in 2011. Saint Gobain, Takata Corporation, Canadian General Tower, Trelleborg AB and Spradling International Incorporated are some of the leading manufacturers of coated fabrics in the U.S. Other prominent manufacturers include Bo-Tex Sales Corp and Mauritzon, Inc. among others.
Coated fabrics are specialized in nature and are used in many applications. Coated fabrics can be segmented into three product types namely polymer coated fabrics, rubber coated fabrics and fabric backed wall covering. The key advantage of coated fabrics is their elasticity, water resistance, and ability to drape. Coated fabrics are used in a variety of end products such as airbags, upholstery, clothing, tarpaulins, and tents, among others. Out of the entire coated fabrics market, polymer coated fabrics are the largest in terms of market size and penetration followed by rubber coated fabrics and fabric backed wall coverings.
This report analyzes the coated fabrics market in terms of volume (million square meters) and revenue (USD million) from 2012 to 2018. This report analyzes all the key drivers that drive the coated fabrics market. It also consists of restraints and its analysis along with further prospects of coated fabrics market. The market has been segmented based on their product types, which include polymer-coated fabrics, rubber coated fabrics and fabric backed wall coverings. Furthermore the market has been segmented based on its application these include transportation, industrial, protective clothing, furniture and others. Other segment majorly includes blankets, travel ware and commercial applications. The study also provides analysis of different applications with the help of market attractiveness tool.
This report contains detailed value chain analysis, which helps in identifying stakeholders involved in the manufacturing process of coated fabrics market. It also provides an in depth analysis of their areas and the opportunity for venturing into the coated fabrics market with the help of integration. The coated fabrics study also analyzes market competition using Porter’s Five Force Model and analyzes impact of suppliers, buyers, substitutes, new entrants and market competition. The report also provides detailed description about the trends and changes that the coated fabrics market in the U.S. would undergo in the coming years.
The study includes company market share analysis for the major players operating in the coated fabrics market in the U.S. This report contains company profiles of the major players operating in the U.S. coated fabrics market. Major players in the coated fabrics market include Omnova Solutions, Saint Gobain, Takata Corporation, Trelleborg AB, Bo-Tex Sales Corp, Mauritzon, Inc and Spradling International. These profiles are attributed with their business strategies, their SWOT analysis and it also includes company overview, financial overview and also any recent developments in the field of coated fabrics market.
Primary research represents the bulk of research efforts, supplemented by extensive secondary research. We reviewed the key players product literature, annual reports, press releases and relevant documents for competitive analysis and market understanding. Secondary research also includes a search of recent trade, technical writing, internet sources, and statistical data from government websites, trade associations and agencies. This approach has proven to be the most reliable, effective and successful approach for obtaining precise market data, capturing industry participants’ insights, and recognizing business opportunities. The secondary research sources that are typically referred to include, Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings, internal and external proprietary databases, relevant patent and regulatory databases, national government documents, statistical databases and market reports, news articles, press releases and web-casts specific to the companies operating in the market.
The research provides detailed analysis of companies dealing in U.S. coated fabrics, trend analysis and demand forecast by product and applications. Various levels of market segmentation, for which estimate and forecast has been provided are as follows:
U.S. Coated Fabrics Market: Product Segment Analysis
- Polymer Coated Fabrics
- Rubber Coated Fabrics
- Fabric Backed Wall Coverings
U.S. Coated Fabrics Market: Application Analysis
- Protective clothing
- Others (Blankets, Travel ware, Commercial)