Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

Coated fabrics are coated or treated with various products such as lacquer, varnishes, rubber, and thermoplastic coatings. They are manufactured from the pile and smooth fabric. They find applications across transportation, protective clothing, roofing, furniture, and seating industries.

The global coated fabric market is estimated to account for US$ 20854.6 Mn in terms of value and 5804 Kilo Tons in terms of volume by the end of 2019 and expected to grow at CAGR of 3.80% during the forecast period (2020-2027).

Drivers:

The growing demand for coated fabrics from the automotive industry is expected to foster the market growth of coated fabrics. Automotive industry is one of the major end-user of the coated fabric. The rising production of lightweight passenger vehicle coupled with the increasing investment in the automotive sector by the government is also expected to augment the market growth of the coated fabric. Thus, growth in the automotive industry is expected to accelerate the market growth of the coated fabric.

Polymer coated fabric is gaining huge demand due to its high flame and water resistance property. Moreover, they are relatively cheaper as compared to other product types. They are widely used across protective clothing and technical clothing. This is also attributed to the rise in the various manufacturing industries. Thus, growing demand for polymer-coated fabric is expected to propel the market growth of the coated fabric.

Figure 1. Global Coated Fabrics Market Share (%) in terms of Value, By Region, in 2019

Coated Fabrics  | Coherent Market Insights

Asia Pacific region dominated the global coated fabric market in 2019, accounting for 35.1% share in terms of value, followed by North America and Western Europe, respectively

Market Restraints

The fluctuating price of raw materials used in the manufacturing of coated fabric is projected to hinder the market growth of the coated fabric. Formaldehyde and propionaldehyde are the two most commonly used raw material in the production of coated fabric.

Low adoption of powder coating across the North America region due to extreme weather conditions is expected to restrict the market growth of the coated fabric. This is mainly in the U.S. which affecting the demand for powder coating, thereby negatively impacting the market growth of coated fabric.

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Coated Fabrics Market Report Coverage

Report Coverage Details
Base Year: 2019 Market Size in 2019: US$ 20,854.6 Mn
Historical Data for: 2016 to 2019 Forecast Period: 2020 to 2027
Forecast Period 2020 to 2027 CAGR: 3.8% 2027 Value Projection: US$ 28,050.7 Mn
Geographies covered:
  • North America: U.S., Canada
  • Latin America: Brazil, Argentina, Mexico, Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East: GCC, Israel, and Rest of Middle East
  • Africa: South Africa, North Africa, and Africa
Segments covered:
  • By Material Type: Rubber Coated, Polymer Coated and Other Material Type.
  • By Application: Commercial tents, Furniture, Industrial, Protective Clothing, Transportation and Other.
Companies covered:

Geo Specialty Chemicals, Inc., Perstorp Specialty Chemicals AB, Henan Tianfu Chemical Co. Ltd., Jiangxi Nancheng Hongdu Chemical Technology Development Co., Ltd., Shenzhen Vtolo Chemicals Co., Ltd.

Growth Drivers:
  • The increasing demand for coated fabrics in the automotive industry is a prime factor augmenting the market growth
  • Growing demand for fabrics that offers water resistance and high flame properties
Restraints & Challenges:
  • The fluctuating price of raw materials used in the coated fabrics

Market Opportunities

The transportation sector is an emerging industry for coated fabric and this is expected to provide potential market opportunities in the near future. The growing demand for coated fabric from rail and roadways transportation is expected to foster market growth over the forecast period. Moreover, increasing use of conveyor belts and PTFE tapes from coated fabric is also expected to propel the market growth over the foreseeable timeframe.

Growth in the chemical industry is driving demand for protective and technical fabric. This is expected to provide immense market opportunities in the market. Increasing construction of residential building is fueling demand for furniture. The coated fabric is also used in the manufacturing of household furniture. All these factors are projected to accelerate market growth over the forecast period. 

Figure 2. Global Coated Fabric Market– Opportunity Analysis

Coated Fabrics  | Coherent Market Insights

Market Trends/Key Takeaways

Rising adoption of fabric backed wall covering is a growing trend in the market. This is attributed to the changing life>

Growing safety concerns across various manufacturing industries coupled with the increasing strict government regulations that mandate provision of safety to workers is creating robust demand for coated fabric. High economic growth along with the increased investment across various industries such as military, aerospace, etc. is further anticipated to propel the market growth of the coated fabric.

Figure 3. Global Coated Fabrics Market Share (%) in terms of Value, By Application, in 2019

Coated Fabrics  | Coherent Market Insights

On the basis of application in 2019, the transportation segment has accounted the largest market share of 34.1% in terms of value, followed by commercial tents segment respectively.

Global Coated Fabrics Market - Impact of Coronavirus (Covid-19) Pandemic

Coronavirus is expected to have a significant impact the textile sector as due to the pandemic situation the global sales of the textile products have come down to a grinding halt. Due to the lockdown, all sorts of textile-related factories are closed. In addition, COVID-19 have also caused a profound impact on the global automotive industry that caused decline in the production of cars and other vehicles. The aforementioned factors will hamper the demand for the coated fabric market during the forecast period.

Competitive Section:

Company Names 

  1. Geo Specialty Chemicals, Inc.
  2. Perstorp Specialty Chemicals AB
  3. Henan Tianfu Chemical Co. Ltd.
  4. Jiangxi Nancheng Hongdu Chemical Technology Development Co., Ltd.
  5. Shenzhen Vtolo Chemicals Co., Ltd.

Few Recent Developments

In September 2019, CPS Performance Materials announced that it has acquired GEO Specialty Chemicals. GEO is a diverse supplier of specialty chemicals and materials to the coatings, adhesives, medical, water treatment, and construction markets.

Coated fabrics are treated with various substances polymer, rubber, etc. in order to make it water-resistant, UV resistance, and dirt & oil repellence. These fabrics are highly durable and are weather and corrosion resistance. They are widely used across protective clothing, furniture and seating, roofing, and other industrial application.

Market Dynamics

Growing demand automotive industry in especially in the Asia Pacific region is one of the key factor driving the growth of overall coated fabrics market. For instance, Asia Pacific is enchanting an increasing share of global vehicle sales and is the only major market expected to see continued robust growth in both the medium and long term. In addition, the autonomous car market in Asia-Pacific is driven by increasing R&D activities with automakers partnering with various tech companies.

Moreover, rising investment in the oil & gas industry is projected to offer new market opportunities over the forecast timeframe. Coated fabric such as protective clothing is widely is gaining huge demand from the oil & gas industry in order to protect oneself from the harsh working environment. Moreover, emerging newer technologies such as nanomaterial’s, plasma coating, and inkjet deposition are projected to offer lucrative opportunities in the near future.

Key features of the study:

  • This report provides in-depth analysis of the global coated fabrics market and provides market size (US$ Million & Tons) and compound annual growth rate (CAGR %) for the forecast period (2020-2027), considering 2019 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by key players
  • This study also provides impact analysis of Coronavirus (Covid-19) pandemic on optical coatings market.
  • It profiles key players in the global optical coatings market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study include Geo Specialty Chemicals, Inc., Perstorp Specialty Chemicals AB, Henen Tianfu Chemical Co. Ltd., Jiangxi Nancheng Hongdu Chemical Technology Development Co., Ltd., and Shenzhen Vtolo Chemicals Co. Ltd.
  • Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics
  • The global coated fabrics market report caters to various stakeholders in this industry including investors, suppliers,  coated fabrics manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the coated fabrics market

Detailed Segmentation:

  • Global Coated Fabrics Market, By Material Type:
    • Rubber Coated
    • Polymer Coated
    • Other Material Types
  • Global Coated Fabrics Market, By Application:
    • Commercial Tents
    • Furniture
    • Industrial
    • Protective Clothing
    • Transportation
    • Others
  • Global Coated Fabrics Market, By Region:
    • North America
      • U.S.
        • By Material Type
          • Rubber Coated
          • Polymer Coated
          • Other Material Types
        • By Application
          • Commercial Tents
          • Furniture
          • Industrial
          • Protective Clothing
          • Transportation
          • Others
      • Canada
        • By Material Type
          • Rubber Coated
          • Polymer Coated
          • Other Material Types
        • By Application
          • Commercial Tents
          • Furniture
          • Industrial
          • Protective Clothing
          • Transportation
          • Others
    • Europe
      • U.K.
        • By Material Type
          • Rubber Coated
          • Polymer Coated
          • Other Material Types
        • By Application
          • Commercial Tents
          • Furniture
          • Industrial
          • Protective Clothing
          • Transportation
          • Others
      • Germany
        • By Material Type
          • Rubber Coated
          • Polymer Coated
          • Other Material Types
        • By Application
          • Commercial Tents
          • Furniture
          • Industrial
          • Protective Clothing
          • Transportation
          • Others
      • France
        • By Material Type
          • Rubber Coated
          • Polymer Coated
          • Other Material Types
        • By Application
          • Commercial Tents
          • Furniture
          • Industrial
          • Protective Clothing
          • Transportation
          • Others
      • Italy
        • By Material Type
          • Rubber Coated
          • Polymer Coated
          • Other Material Types
        • By Application
          • Commercial Tents
          • Furniture
          • Industrial
          • Protective Clothing
          • Transportation
          • Others
      • Spain
        • By Material Type
          • Rubber Coated
          • Polymer Coated
          • Other Material Types
        • By Application
          • Commercial Tents
          • Furniture
          • Industrial
          • Protective Clothing
          • Transportation
          • Others
      • Russia
        • By Material Type
          • Rubber Coated
          • Polymer Coated
          • Other Material Types
        • By Application
          • Commercial Tents
          • Furniture
          • Industrial
          • Protective Clothing
          • Transportation
          • Others
      • Rest of Europe
        • By Material Type
          • Rubber Coated
          • Polymer Coated
          • Other Material Types
        • By Application
          • Commercial Tents
          • Furniture
          • Industrial
          • Protective Clothing
          • Transportation
          • Others
    • Asia Pacific
      • China
        • By Material Type
          • Rubber Coated
          • Polymer Coated
          • Other Material Types
        • By Application
          • Commercial Tents
          • Furniture
          • Industrial
          • Protective Clothing
          • Transportation
          • Others
      • India
        • By Material Type
          • Rubber Coated
          • Polymer Coated
          • Other Material Types
        • By Application
          • Commercial Tents
          • Furniture
          • Industrial
          • Protective Clothing
          • Transportation
          • Others
        • By Material Type
          • Rubber Coated
          • Polymer Coated
          • Other Material Types
        • By Application
          • Commercial Tents
          • Furniture
          • Industrial
          • Protective Clothing
          • Transportation
          • Others
      • ASEAN
        • By Material Type
          • Rubber Coated
          • Polymer Coated
          • Other Material Types
        • By Application
          • Commercial Tents
          • Furniture
          • Industrial
          • Protective Clothing
          • Transportation
          • Others
      • Australia
        • By Material Type
          • Rubber Coated
          • Polymer Coated
          • Other Material Types
        • By Application
          • Commercial Tents
          • Furniture
          • Industrial
          • Protective Clothing
          • Transportation
          • Others
      • South Korea
        • By Material Type
          • Rubber Coated
          • Polymer Coated
          • Other Material Types
        • By Application
          • Commercial Tents
          • Furniture
          • Industrial
          • Protective Clothing
          • Transportation
          • Others
      • Rest of Asia Pacific
        • By Material Type
          • Rubber Coated
          • Polymer Coated
          • Other Material Types
        • By Application
          • Commercial Tents
          • Furniture
          • Industrial
          • Protective Clothing
          • Transportation
          • Others
    • Latin America
      • Brazil
        • By Material Type
          • Rubber Coated
          • Polymer Coated
          • Other Material Types
        • By Application
          • Commercial Tents
          • Furniture
          • Industrial
          • Protective Clothing
          • Transportation
          • Others
      • Mexico
        • By Material Type
          • Rubber Coated
          • Polymer Coated
          • Other Material Types
        • By Application
          • Commercial Tents
          • Furniture
          • Industrial
          • Protective Clothing
          • Transportation
          • Others
      • Rest of Latin America
        • By Material Type
          • Rubber Coated
          • Polymer Coated
          • Other Material Types
        • By Application
          • Commercial Tents
          • Furniture
          • Industrial
          • Protective Clothing
          • Transportation
          • Others
    • Middle East & Africa
      • Middle East
        • By Material Type
          • Rubber Coated
          • Polymer Coated
          • Other Material Types
        • By Application
          • Commercial Tents
          • Furniture
          • Industrial
          • Protective Clothing
          • Transportation
          • Others
      • Africa
        • By Material Type
          • Rubber Coated
          • Polymer Coated
          • Other Material Types
        • By Application
          • Electronics
          • Commercial Tents
          • Furniture
          • Industrial
          • Protective Clothing
          • Transportation
          • Others
  • Company Profiles
    • Geo Specialty Chemicals, Inc.*
      • Company Overview
      • Material Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Perstorp Specialty Chemicals AB
    • Henan Tianfu Chemical Co. Ltd.
    • Jiangxi Nancheng Hongdu Chemical Technology Development Co., Ltd.
    • Shenzhen Vtolo Chemicals Co., Ltd.

 “*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Material Type
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
        • Supply Side Drivers
        • Demand Side Drivers
        • Economic Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • Mergers and Acquisitions
      • New Material Approvals/Launch
      • Promotion and Marketing Initiatives
    • Cost Tier Down Analysis
  4. Global Coated Fabrics Market – Impact of Coronavirus (Covid-19) Pandemic
    • Impact of Coronavirus – Overview
    • Impact Analysis, By Region
      • North America
      • Latin America
      • Europe
      • Asia Pacific
      • Middle East
      • Africa
  5. Global Coated Fabrics Market, By Material Type, 2017 - 2027 (US$ Million & Tons)
    • Introduction
      • Market Share Analysis, 2017 and 2027
      • Y-o-Y Growth Analysis, 2020 – 2027 (%)
      • Segment Trends
    • Rubber Coated
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million & Tons)
    • Polymer Coated
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million & Tons)
    • Other Material Types
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million & Tons)
  6. Global Coated Fabrics Market, By Application, 2017 - 2027 (US$ Million & Tons)
    • Introduction
      • Market Share Analysis, 2017 and 2027
      • Y-o-Y Growth Analysis, 2020 – 2027 (%)
      • Segment Trends
    • Commercial Tents
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million & Tons)
    • Furniture
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million & Tons)
    • Industrial
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million & Tons)
    • Protective Clothing 
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million & Tons)
    • Transportation       
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million & Tons)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million & Tons)
  7. Global Coated Fabrics Market, By Region, 2017- 2027 (US$ Million & Tons)
    • Introduction
      • Market Share Analysis, By Region, 2017 and 2027
      • Y-o-Y Growth Analysis, By Region, 2020 – 2027 (%)
    • North America
      • Market Share Analysis, By Country, 2017 and 2027
      • Y-o-Y Growth Analysis, By Country, 2020 – 2027 (%)
        • U.S.
          • Country Trends
          • Market Size and Forecast, By Material Type, 2017- 2027 (US$ Million & Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Tons)
        • Canada
          • Country Trends
          • Market Size and Forecast, By Material Type, 2017- 2027 (US$ Million & Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Tons)
    • Europe
      • Market Share Analysis, By Country, 2017 and 2027
      • Y-o-Y Growth Analysis, By Country, 2020 – 2027 (%)
        • U.K.
          • Country Trends
          • Market Size and Forecast, By Material Type, 2017- 2027 (US$ Million & Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Tons)
        • Germany
          • Country Trends
          • Market Size and Forecast, By Material Type, 2017- 2027 (US$ Million & Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Tons)
        • France
          • Country Trends
          • Market Size and Forecast, By Material Type, 2017- 2027 (US$ Million & Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Tons)
        • Italy
          • Country Trends
          • Market Size and Forecast, By Material Type, 2017- 2027 (US$ Million & Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Tons)
        • Spain
          • Country Trends
          • Market Size and Forecast, By Material Type, 2017- 2027 (US$ Million & Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Tons)
        • Russia
          • Country Trends
          • Market Size and Forecast, By Material Type, 2017- 2027 (US$ Million & Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Tons)
        • Rest of Europe
          • Country Trends
          • Market Size and Forecast, By Material Type, 2017- 2027 (US$ Million & Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Tons)
    • Asia Pacific
      • Market Share Analysis, By Country, 2017 and 2027
      • Y-o-Y Growth Analysis, By Country, 2020 – 2027 (%)
        • China
          • Country Trends
          • Market Size and Forecast, By Material Type, 2017- 2027 (US$ Million & Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Tons)
        • India
          • Country Trends
          • Market Size and Forecast, By Material Type, 2017- 2027 (US$ Million & Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Tons)
        • Japan
          • Country Trends
          • Market Size and Forecast, By Material Type, 2017- 2027 (US$ Million & Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Tons)
        • ASEAN
          • Country Trends
          • Market Size and Forecast, By Material Type, 2017- 2027 (US$ Million & Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Tons)
        • Australia
          • Country Trends
          • Market Size and Forecast, By Material Type, 2017- 2027 (US$ Million & Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Tons)
        • South Korea
          • Country Trends
          • Market Size and Forecast, By Material Type, 2017- 2027 (US$ Million & Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Tons)
        • Rest of Asia Pacific
          • Country Trends
          • Market Size and Forecast, By Material Type, 2017- 2027 (US$ Million & Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Tons)
    • Latin America
      • Market Share Analysis, By Country, 2017 and 2027
      • Y-o-Y Growth Analysis, By Country, 2020 – 2027 (%)
        • Brazil
          • Country Trends
          • Market Size and Forecast, By Material Type, 2017- 2027 (US$ Million & Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Tons)
        • Mexico
          • Country Trends
          • Market Size and Forecast, By Material Type, 2017- 2027 (US$ Million & Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Tons)
        • Argentina
          • Country Trends
          • Market Size and Forecast, By Material Type, 2017- 2027 (US$ Million & Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Tons)
        • Rest of Latin America
          • Country Trends
          • Market Size and Forecast, By Material Type, 2017- 2027 (US$ Million & Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Tons)
    • Middle East & Africa
      • Market Share Analysis, By Sub-Region, 2017 and 2027
      • Y-o-Y Growth Analysis, By Sub-Region, 2020 – 2027 (%)
        • Middle East
          • Sub-region Trends
          • Market Size and Forecast, By Material Type, 2017- 2027 (US$ Million & Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Tons)
        • Africa
          • Sub-region Trends
          • Market Size and Forecast, By Material Type, 2017- 2027 (US$ Million & Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Tons)
  8. Competitive Landscape
    • Heat Map Analysis
    • Market Share Analysis (3x3 Matrix)
    • Company Profiles
      •  Geo Specialty Chemicals, Inc.
        • Company Overview
        • Material Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      •  Perstorp Specialty Chemicals AB
        • Company Overview
        • Material Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Henan Tianfu Chemical Co. Ltd.
        • Company Overview
        • Material Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Jiangxi Nancheng Hongdu Chemical Technology Development Co., Ltd.
        • Company Overview
        • Material Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Shenzhen Vtolo Chemicals Co., Ltd.
        • Company Overview
        • Material Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
  9. Section
    • References
    • Research Methodology
    • About us and Sales Contact

Frequently Asked Questions

The market for coated fabrics is estimated to surpass US$ 28,050.7 million by the year 2027, exhibiting a CAGR of 3.8% between 2020 and 2027.
The rising consumption of coated fabrics in the automotive industry is one of the key factor supporting the growth of the market. For instance, it is estimated that annually around 165 tons of fabric is being used in the manufacturing of vehicles. Moreover, rising investment by government in the development of automotive industry also drives the growth of the market.
The coated fabric market is expected to exhibit to grow at a CAGR of 3.8% during the forecast period (2020-2027).
Major players functioning in the global coated fabrics market includes Shezhen Vtolo Chemicals Co., Ltd., Henan Tianfu Chemical Co. Ltd., Jiangxi Nancheng Hongdu Chemical Technology Development Co., Ltd., Perstorp Specialty Chemicals, Inc. and Geo Specialty Chemicals, Inc.
Low adoption of powder coating across the North America region due to extreme weather conditions is expected to restrict the market growth of the coated fabric. This is mainly in the U.S. which affecting the demand for powder coating, thereby negatively impacting the market growth of coated fabric
Rising adoption of fabric backed wall covering is a growing trend in the market. This is attributed to the changing lifestyle of the consumer and increasing disposable income of the consumer which is encouraging consumers to spend on home decor products. This is mostly gaining demand from the urban housing sector. So growth in the urban population is augmenting the market growth of the fabric backed wall covering hence growing demand for coated fabric.
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