June 12, 2020
Engineered Coated Fabrics Market Research Report- Forecast to 2027
Global Engineered Coated Fabrics Market: Overview
- Engineered coated fabric is a blend of technical fibers or textiles that is coated with different polymers such as fiberglass, polyamide, or polyester. The selection of coating material and fabric depends on the requirement of the end-use application. Engineered coated fabrics are technically coated and manufactured by using modified fabric manufacturing techniques. They are used in unconventional engineering applications.
- Engineered coated fabrics include industrial textiles, braided items, 2-D fabrics, 3-D fabrics, belts, aerospace automotive textiles, and high-performance textiles
- These fabrics are widely used in technically advanced high-end applications such as train bellows, aerostats, fuel storages, air bags, evacuation slides, gaskets, seals, machine clothing, upholstery, hospital seats, and medical accessories. Engineered coated fabrics are usually customized according to requirements of customers.
Key Drivers of Global Engineered Coated Fabrics Market
- The global engineered coated fabrics market is anticipated to expand at a significant rate during the forecast period
- Expanding automotive and aerospace & defense industries and rising demand for lightweight products are key driving factors for the global engineered coated fabrics market
- Ongoing research and development activities to develop high-performance applications and advanced technologies are augmenting the demand for engineered coated fabrics in various applications
- Rapid urbanization and industrialization in developing economies is expected to drive the transportation industry. This, in turn, is likely to drive the demand for engineered coated fabrics in these economies during the forecast period.
- Increasing sales of automobiles and rising demand for protective clothing in industrial applications are boosting the demand for engineered coated fabrics
- Engineered coated fabrics require quality check as well as legal documentation of processes and parts before their application in end-use industries. The documentation and quality check is a time-consuming process. Increasing government regulations and growing safety concerns related to materials may hamper the demand for engineered coated fabrics in the near future.
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Hot-melt Process Segment to Witness Lucrative Opportunities
- Based on process type, the global engineered coated fabrics market can be divided into calendaring, hot-melt, knife, and others
- Among process types, the calendaring segment holds a major market share. Calendaring is highly preferred for processing of rubber-based fabrics and it is considered an ideal process for handling heat-sensitive polymers.
- The hot-melt process segment is anticipated to expand at the maximum CAGR during the forecast period. This growth is attributable to increasing preference for the hot-melt process, as it requires low processing time.
Fiberglass the Most Preferred Substrate Type
- Based on substrate type, the global engineered coated fabrics market can be divided into polyester, aramid, fiberglass, polyamide, and others
- Fiberglass is anticipated to be the dominant segment of the global engineered coated fabrics market during the forecast period, followed by polyester, aramid, and polyamide segments, respectively
- Fiberglass is a highly preferred substrate for engineered coated fabrics due to its high-tensile strength and excellent heat and flame resistance property
Significant Growth Opportunity in Aerospace & Defense End-use Industry
- Based on end-use industry, the global engineered coated fabrics market can be divided into aerospace & defense, automotive, marine, oil & gas, and others
- Automotive is anticipated to be the dominant segment of the global engineered coated fabrics market, followed by the aerospace & defense segment, during the forecast period
- The aerospace & defense segment is estimated to expand at the maximum rate during the forecast period
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Key Manufacturers Operating in Global Engineered Coated Fabrics Market
The global engineered coated fabrics market is dominated by a few major players. It was fragmented in 2018. Expansion, new product launches, partnerships, and development of new technologies are key strategies adopted by major players to gain higher market share in the global engineered coated fabrics market.
Key manufacturers operating in the global engineered coated fabrics market are:
- Omnova Solutions Inc.
- Trelleborg AB
- Uniroyal Global Engineered Products Inc.
- Vintex Inc.
- Fothergill Group
- Graniteville Specialty Fabrics Inc.