PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1426947
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1426947
Polymer Coated Fabrics Market is expected to grow at over 5.8% CAGR between 2024 and 2032, driven by the increasing demand across end-use industries, such as automotive, construction, and industrial. These fabrics, known for their versatility and durability, are widely utilized for applications ranging from protective clothing to architectural structures. The material has the ability to provide weather resistance, enhance tensile strength, and offer a cost-effective solution for manufacturers seeking high-performance textiles.
In July 2022, BASF established a strategic collaboration with Permionics Membranes, a membrane manufacturing company in India. This partnership marks a significant milestone as it introduces the utilization of BASF's Ultrason E polyethersulphone (PESU) polymer in coated fabrics, playing a pioneering role as particulate and bacterial filters for face masks.
Continuous R&D efforts are leading to the creation of coatings with improved performance characteristics, including enhanced chemical resistance, UV stability, and flame retardancy. These innovations cater to the evolving needs of industries requiring specialized fabrics, bolstering the adoption of polymer-coated materials.
The overall polymer coated fabrics industry is segmented based on product, textile material type, applications, and region.
Roofing segment is anticipated to gain momentum and grow at a strong CAGR through 2032, as polymer coated fabrics have a versatile and durable nature, providing weather resistance, UV protection, and enhanced durability. As the construction industry witnesses increased demand for high-performance roofing materials, the product meets these requirements by delivering a cost-effective and reliable solution.
Woven segment is poised to witness significant growth over the forecast period, favored by the strength and flexibility. Woven polymer-coated fabrics offer a robust solution for various applications, including outdoor furniture, automotive upholstery, and industrial equipment covers. The weaving process enhances the overall structural integrity of the fabric, providing resistance to tears and abrasions. This durability, combined with the protective qualities of polymer coatings, makes woven fabrics a preferred choice.
Europe polymer coated fabrics industry size will witness significant growth throughout 2024 and 2032, backed by the stringent regulations and standards governing environmental sustainability and safety. European industries prioritize materials that comply with eco-friendly norms, spurring the adoption of coatings that are free from harmful substances. The strong emphasis on advanced manufacturing technologies, resulting in products with enhanced performance characteristics, further driving regional market expansion.