MRO Magazine

US Coated Fabric Market


June 29, 2016
By PRN NewsWire

NEW YORK, June 29, 2016 /PRNewswire/ — Study coverageCoated Fabrics analyzes the US coated fabric market. It offers historical demand data (2005, 2010 and 2015) plus forecasts (2020 and 2025) by product, substrate and market. The study also considers key market environment factors, assesses the industry structure, analyzes company market share and profiles 42 US industry players such as Seaman, Saint-Gobain, Canadian General-Tower, Takata, OMNOVA Solutions, Spradling International and Trelleborg.Competitive environment motivates playersParticipants — whether coated fabric producers or raw material suppliers — continue to refine performance characteristics, such as increased durability and improved touchability, in order to remain competitive with alternative materials (e.g., uncoated textiles, chemically treated textiles, and leather). Additionally, improving the environmental profile of coated fabrics remains important. For instance, the polyurethane-coated fabric industry has been shifting from solvent-based to more environmentally friendly waterborne polyurethane coatings as availability grows and performance improves.Sales determined by performanceAccording to Coated Fabrics, a new report from The Freedonia Group, coated fabrics are purchased when certain performance characteristics are required, such as durability, waterproofness, or a leather look. For instance, coated fabrics are chosen for protective apparel, outdoor upholstery, rainwear, or tents when a waterproof or water resistant surface is preferred. In another example, coated fabrics are the only choice for certain airbags — such as frontal airbags — where the durability of both the fabric and the coating is key due to rapid inflation rates. In other cases, such as indoor upholstery, and clothing and accessories, coated fabrics are chosen to provide a leather-like look and texture at a lower cost than leather.Transportation is leading marketFreedonia analyzes how the significant size of the transportation (e.g., aerospace, motor vehicle, and marine) industry in the US supports coated fabric demand by enabling a high level of local production capacity for components that can be made from coated fabrics, including airbags, seating upholstery, covers, and trim. Increases in production levels of these items, as vehicle output continues to expand, will promote coated fabric demand. Furthermore, more coated fabrics are expected to be used on a per vehicle basis, particularly in airbags as more airbags are installed in each vehicle.Demand driven by expected growth in industrial sectorDemand for coated fabrics will also be driven by an expected increase in the manufacture of industrial products, such as PTFE tape and conveyor belting, which can be made from coated fabrics. In many such industrial applications, coated fabrics are the only viable material due to the performance characteristics they exhibit. In addition, coated fabric demand will benefit from an increase in local production levels of protective clothing. Also, continued improved aesthetics will promote the greater use of coated fabrics as a low cost alternative to leather for upholstery and trim applications.Read the full report: http://www.reportlinker.com/p01008677-summary/view-report.htmlAbout Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.http://www.reportlinker.com:::::_Contact Clare: clare@reportlinker.comUS: (339)-368-6001Intl: +1 339-368-6001

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/us-coated-fabric-market-300292420.html

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