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The global coated fabric market size is likely to gain impetus from their rising utilization in producing military wear and protective clothing worldwide.
Besides, the ongoing number of construction projects owing to the increasing investments in chemical, oil and gas, infrastructure,and automotive and transportation industries would affect the market positively.
This information is given by Fortune Business Insights™ in a recently published report, titled, “Coated Fabric Market Size, Share and Industry Analysis, by Product (Polymer Coated Fabric, Rubber Coated Fabric, and Fabric Backed Wall Coverings), By Application (Protective Clothing, Transportation, Furniture, Industrial, and Others) and Regional Forecast, 2019-2026.” The report further states that the coated fabric market size stood at USD 34.89 billion in 2018.
It is anticipated to reach USD 49.41 billion by 2026, exhibiting a CAGR of 4.5% during the forecast period.Highlights of the ReportElaborate information about the coated fabric market trends, opportunities, and challenges.In-depth information about the dominating regions present in the market.List of all the segments.Competitive landscape consisting of innovative product launches, agreements, contracts, collaborations, mergers and acquisitions, and investments.
Drivers & Restraints:Increasing Automotive Production to Propel GrowthCoated fabrics are majorly used in vehicles to improve the feel and appearance of their interior.
Varnish or oil finishes, plastics, lacquer, rubber, PVC, and resins are some of the materials that are extensively used to process or coat fabric.
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