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April 18, 2008
Coated Fabrics Market to Reach $2.8 Billion in 2012, According to New Report by Global Industry Analysts, Inc.
Coated Fabrics is one of the rapidly growing segments of the industrial fabrics market. Prospective growth in the technical/engineered textiles segment is in sharp contrast to lackluster performance of the overall textile industry. The US coated fabrics market is projected to reach $2.8 billion by 2012.
San Jose, CA (PRWEB) April 15, 2008 -- Superiority of coated fabrics over ordinary fabrics in terms of advantages and applications is a prime reason driving market demand. Improvement in technology such as use of thinner and highly durable coatings, is also likely to fuel growth. Demand for automotive air bag fabrics, growing use in home furnishing, protective clothing awnings and commercial tents, regulations and growing environmental awareness are the other factors instrumental driving the upward trend. Environment-friendly water-based acrylic coated fabrics are anticipated to experience good growth.
Non-rubber coated fabrics' account for a major share of the total coated fabrics market. Non-rubber coated fabrics market is estimated at US$2 billion for 2008, as stated by Global Industry Analysts, Inc. Protective clothing represents the fastest growing end use, registering a CAGR of 8.24% for the period 2001-2010, due to an increase in demand by the military to combat threatened biological and chemical attacks. The increase is also due to growing use in electronics and chemical industries, with strong measures to protect personnel from occupational dangers and health hazards. Motor vehicles/transportation represents the largest end use market, accounting for a share of over 33%. Demand in automotive applications is driven by use in under dash and side impact air bags that provide protection in accidents other than head-on collisions.
The marketplace includes participants such as Alpha Associates Inc, Amerbelle Corporation, Avondale Inc, Bondcote Corporation, Bradford Industries Incorporated, Brookwood Companies, Canadian General-Tower Limited, Culp Inc, Duro Industries, Inc., Engineered Fabrics Corporation, Haartz Corp, Highland Industries Inc, Johnston Textiles Inc, Omnova Solutions Inc, Saint-Gobain Technical Fabrics America, Sanduskyathol International, Seaman Corp, Sommers Plastic Products Co Inc., Trelleborg AB, Uretek Inc., and W. L. Gore & Associates Inc.
"Coated Fabrics: A US Market Report" published by Global Industry Analysts, Inc., provides a comprehensive review of market trends, drivers, product profile, players, competition, technological developments, recent developments, mergers, acquisitions, and other strategic industry activities. Analytics are provided for the period 1991-2015, in terms of product segments including Non-Rubber Coated Fabrics (PVC/Vinyl-Coated Fabrics, Polyurethane-Coated Fabrics, Acrylic-Coated Fabrics and Other Non-Rubber Coated Fabrics) and Rubber Coated Fabrics. End-use analytics are presented for Motor Vehicles/Transportation, Furniture, Industrial Applications, Protective Clothing, Wall-Coverings, Book Coverings, and Awnings and Tents.
For more details about this research report, please visit
http://www.strategyr.com/Coated_Fabrics_Market_Report.asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.
Global Industry Analysts, Inc.
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Posted by Industrial-Manufacturing at April 18, 2008 12:17 AM