PUBLISHER: Polaris Market Research | PRODUCT CODE: 1421645
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1421645
The global rubber coated fabric market size is expected to reach USD 36.52 billion by 2032, according to a new study by Polaris Market Research. The report "Rubber Coated Fabric Market Share, Size, Trends, Industry Analysis Report, By Type (Natural, Synthetic); By Application; By End-Use (Protective Clothing, Industrial, Transportation & Watercraft, Recreation & Leisure, Others); By Region; Segment Forecast, 2024- 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The widespread use of rubber-coated fabric in numerous product innovations is driving new growth opportunities for the market. Its application in raincoats and umbrellas is driving its demand due to the increase in seasonal demand by consumers, primarily working professionals. According to the article published in the Hitadatva, in 2022, due to the heavy rainfall, the demand for rainware products like raincoats and umbrellas increased by around, 20%.
The companies specializing in producing rainware products are gaining traction after huge losses in the rainy season of 2020 and 2021, which are attributable to the pandemic restrictions. Rubber-coated fabric is highly used in the manufacturing process of rainware products, as industries require waterproof or water-resistant material to protect consumers from heavy rainfall. The growing demand for rainware products will drive the production process, boosting the demand and growth of rubber-coated fabric in the coming years.
Rubber-coated fabric is gaining importance nowadays due to its resistance to water and unforeseen weather conditions. The growing research and development activities on rubber-coated fabric find new growth potential for the rubber-coated fabric market. A 2022 study published in Science Direct focused on developing a fabric-coated armor system with rubber and aramid fiber. The study used a mesoscale numerical modeling approach to simulate ballistic impact.
The study found that the elastomeric coating improved the impact resistance, was effective when placed under fatigue, and was stable in the range of ambient temperatures. Compared to the uncoated fabric, it witnessed lower thickness and areal density, implying higher efficiency with a lower weight. These ongoing developments will further enhance product innovations with the new technologies developed by the companies and will further create new demand for rubber-coated fabric in the coming years.
Polaris Market Research has segmented the rubber coated fabric market report based on type, application, end-use and region: