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Market Leader - Polymer Coated Fabrics Market


The growth prospects for the global polymer coated fabrics market are positive with the market size expected to witness a growth rate of 4.2% from 2016 to 2026, in terms of both, value and volume. The global polymer coated fabrics market is rapidly evolving, with the major market players playing a crucial role in the development of the market. Some major players such as Takata Corporation (Japan), Spradling International Inc. (U.S.), Seaman Corporation (U.S.), Saint-Gobain SA (Switzerland), and Continental AG (Germany), are leading the market.

Takata Corporation (Japan) and Spradling International Inc. (U.S.) are the two leading players in the global polymer coated fabrics market. These companies focus on launching innovative products to meet the requirements of their customers. The growing applications of polymer coated fabrics in various end-use applications require technological developments to launch innovative products. Thus, the players are concentrating on developing advanced technologies to meet the growing demand.

The major players are concentrating on developing cost-effective technologies and are investing to upgrade their units for the production of enhanced polymer coated fabrics. These developments are meeting the increasing demand for polymer coated fabrics from a variety of end-use applications such as, transportation, protective clothing, industrial, roofing, awnings & canopies, furniture & seating, and others.

New product developments and supply contracts are the key strategies adopted by the major polymer coated fabrics manufacturers in the recent past. The top players in the global polymer coated fabrics market adopted these strategies to strengthen their market shares, and to enhance their product portfolios.

Takata Corporation is focusing on launching new products to stay competitive in the market. Takata, in 2014, launched a life-saving automotive technology. The company is also focusing on the expansions strategy. It established its new subsidiary, Takata Safety Systems Hungary Kft. (Hungary), in Hungary for the manufacture of airbags and airbag components for car manufacturers in Europe. Thus, the company is concentrating on new product launches and expansions to meet the growing demand for polymer coated fabrics.

Spradling International Inc. is a developer, manufacturer, and supplier of vinyl-coated fabrics. The company is engaged in the business of providing design and performance solutions for end-use applications such as automotive, healthcare, marine, and seating among others. The company focuses on the development of new polymer coated fabric products and provides services in support of enhancing seating environments for various applications. It is expanding its polymer coated fabrics business by introducing innovations in product patterns and technologies.

The leading market players have adopted different strategies for the developed and emerging countries. The Asia-Pacific region is leading in terms of the demand for polymer coated fabrics. This is due to the increased demand for polymer coated fabrics in transportation, protective clothing, industrial, and various other applications.

Related Reports:

Polymer Coated Fabrics Market by Product (Polyvinyl, Polyurethane, Polyethylene), Application (Transportation, Protective Clothing, Industrial, Awning, Roofing & Canopies, Furniture & Seating) - Global Forecast to 2026

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