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How is Growth of Transportation Sector Driving Demand for Coated Fabrics?

2020-08-24 17:19:15 | Coated Fabrics Market
The demand for vehicles has been rising across the globe, owing to the increasing purchasing power of people and lowering prices of vehicles due to technological advancements. Considering this, the demand for materials that are used to making end products is increasing as well. Coated fabrics are among the products that are utilized for providing a completed look to the vehicle. The demand for these fabrics is growing in the transportation industry because of their properties, including resistance to water, ultraviolet rays, and mildew. Coated fabrics are further root-proof and oil and dirt repellant.

Ascribed to such factors, the global coated fabrics market is predicted to advance at a significant pace in the years to come. These fabrics further offer superior comfort when it comes to seating and provide enhanced passenger safety at a low cost. They are produced by covering polyester scrim with a layer of plastisol using an adhesive. After the curing of polyvinyl chloride, the fabrics becomes resistant to abrasion and chemicals, along with becoming waterproof. It is due to such properties of coated fabric that their demand is increasing from a number of industries.

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The different product types of coated fabrics are fabric-backed wall coverings, rubber coated fabrics, and polymer coated fabrics, among which, the demand for polymer coated fabrics is expected to increase considerably in the years to come. This is due to the rising usage of this product in a number of applications, its availability in a wide range of colors, low cost, and easy weldability. Polymer coated fabrics are further of different types, namely polyurethane coated fabrics, polyethylene, and vinyl coated fabrics.

The requirement of polymer coated fabrics is also growing due to surging safety concerns, increasing need for protective clothing, and strict government regulations regarding provision of safety to workers. All these product types are used for various applications, including furniture and seating, transportation, awnings and canopies, protective clothing, roofing, and industrial. The demand for coated fabrics is projected to rise substantially for applications in the transportation industry in the years to come. Rubber and polymer coated fabrics are being used extensively in railway, automobile, aircraft, and marine industries across the globe.

Geographically, the demand for coated fabrics is predicted to rise significantly in Asia-Pacific, thereby making the region the fastest-growing coated fabrics market in the years to come. This can be ascribed to the strong economic growth, rising investment in several industries, such as infrastructure, military & steel industry, chemical, oil & gas, and automotive. In addition to this, the rise in automobile sales and increasing government regulations for the implementation of safety measures is also leading to the increasing demand for coated fabrics in the region.

In conclusion, the demand for coated fabrics is rising because of the growth of the transportation sector and implementation of strict policies regarding the safety of workers.