Coated Fabrics Industry Overview, Key Companies Profile and Forecast To 2030
Coated Fabrics Market Overview The global coated fabric market size was USD 34.93 billion in 2020 and is projected to reach USD 49.45 billion by 2030, exhibiting a CAGR of 4.9% during the forecast period (2021-2030). Global Coated Fabrics Industry is witnessing a significant growth currently, mainly due to the rapid industrialization across the world. Owing to their enhanced physical and mechanical properties such as tensile strength, elasticity, elongation, and wear resistance, coated fabrics are used in a diverse range of applications, including protective clothing, military tents, other military applications, and so on. Besides, increasing demand for fabrics with fire-protective-coating-layers is escalating the growth of the market to furthered heights. Also, growing construction activities across the globe are expected to contribute to market revenues. A spurting growth in the automotive and transportation industry is acting as a key driving force for the market growth....