Rubber Coated Fabric Market by Type, Application (Protective Suits & Gloves, Boats & Gangway Bellows, Transmission & Conveyor Belts), End-use (Protective Clothing, Industrial, Transportation & Watercraft), and Region - Global Forecast to 2028
Updated on : April 05, 2024
Rubber Coated Fabric Market
The global rubber coated fabric market size was valued at USD 6,357 million in 2023 and is projected to reach USD 7,787 million by 2028, growing at 4.1% cagr from 2023 to 2028. Rubber coated fabrics are composed of a variety of materials, including natural rubber, SBR, neoprene, Hypalon, nitrile, butyl, EPDM, and silicone. Rubber coated fabrics are frequently employed in various sectors and applications where a combination of fabric features and rubber characteristics is desired.
Attractive Opportunities in the Rubber Coated Fabric Market
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Market Dynamics:
Driver: Stringent regulatory requirements for worker’s safety
Stringent regulatory requirements for worker's safety are driving the growth of the protective clothing segment, which in turn is driving the demand for rubber coated fabrics. In many industries, workers are exposed to hazardous materials, chemicals, and extreme conditions, which can pose a significant risk to their health and safety. Protective clothing made from rubber coated fabrics can help mitigate these risks by providing a barrier between the worker and the hazardous environment.
Restraint: Availability of substitute
The availability of substitutes can restrain the growth of the market. There are a large number of substitute products available for rubber coated fabrics. Some of the major substitutes are leather, uncoated fabrics, and plastic products. Also, rubber coatings, for instance, can be replaced by synthetic materials such as PVC (polyvinyl chloride) and polyurethane coatings. These alternatives can be preferred to rubber coated fabric, which can limit market expansion, depending on the particular needs of an application.
Opportunity: Technological advancement
The market for rubber coated fabrics offers opportunities for new product development and technological advancement. Manufacturers can concentrate on creating new rubber coating technologies, expanding the functionality of already-existing coatings, and improving the general characteristics of cloth that has been rubber coated. This may entail improvements in toughness, adaptability, lightweight design, flame resistance, and other specialized qualities that address the demands of a given sector.
Challenge: Fluctuating raw material prices
Rubber coated fabrics rely on rubber as a key raw material, and the prices of rubber can be subjected to volatility. Fluctuations in rubber prices can affect the overall production costs and profitability of rubber coated fabric manufacturers. Manufacturers can encounter difficulties as a result of price fluctuations in the two main raw materials for rubber coated fabric: fabric and rubber. Production costs and profitability may be impacted by sudden price hikes or supply shortages. It can be difficult for businesses in the rubber coated cloth sector to control these price swings and maintain a steady supply chain.
Rubber Coated Fabric Market: Value Chain
Prominent companies in this market include well-established, financially stable rubber coated fabric manufacturers. These companies have been operating in the market for several years and possess a strong product portfolio and strong global sales and marketing networks. Prominent companies in this market include Continental AG (Germany), Trelleborg AB (Sweden), Saint-Gobain S.A (France), Colmant Coated Fabrics (France), The Rubber Company (England), White Cross Rubber Products Limited (England), Caodetex S.A. (Argentina), Auburn Manufacturing, Inc. (US), Fothergill Group (England), Arville Textiles Limited (England), Zenith Rubber (India), Bobet Company (France).
Based on type, the synthetic segment is estimated to have the largest market share in 2023.
Buildings, bridges, and roads are all examples of infrastructure development projects that need the use of durable materials that can survive adverse weather conditions. In waterproofing products, protective covers, and roofing membranes, synthetic rubber coated fabric is used. The demand for synthetic rubber coated fabric is influenced by the expanding infrastructure building activities.
Based on application, the transmission & conveyor belts was the second largest segment in 2022, by value.
Rubber coated fabric has good traction and grip qualities, making it suitable for conveyor and gearbox belts. Assuring effective power transfer and preventing slippage, the rubber coating increases friction between the belt and the pulleys or rollers. The necessity for dependable traction and improved belt performance drives the demand for rubber coated cloth in transmission & conveyor belts.
Based on end-use, the transportation & watercraft segment is estimated to account for the largest share during the forecast period, by value.
Rubber coated fabric has flexibility and design adaptability, making it suitable for use in a variety of transportation & watercraft applications. It can be customized and optimized for performance by being made to fit particular forms, sizes, and configurations. The capacity to fulfil specific design specifications and offer solutions for various transportation & watercraft demand drives demand for rubber coated fabric.
Based on region, North America is projected to account for the largest market share in 2023, by value.
North America is known for its technological advancements and innovation in various industries. Rubber coated fabric manufacturers in the region invest in research and development to enhance the performance characteristics of their products. Technological advancements in rubber coating formulations, manufacturing processes, and product innovations contribute to the growth of the rubber coated fabric market in North America.
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Key Market Players
Continental AG (Germany), Trelleborg AB (Sweden), Saint-Gobain S.A (France), Colmant Coated Fabrics (France), The Rubber Company (England), White Cross Rubber Products Limited (England), Caodetex S.A. (Argentina), Auburn Manufacturing, Inc. (US), Fothergill Group (England), Arville Textiles Limited (England), Zenith Rubber (India), Bobet Company (France), are among the major players leading the market through their geographical presence, enhanced production capacities, and efficient distribution channels.
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- Competitor Analysis with Interactive dashboard
- Latest News, Updates & Trend analysis
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Report Metric |
Details |
|
Market Size Available for Years |
2018 to 2028 |
|
Base Year Considered |
2022 |
|
Forecast Period |
2023–2028 |
|
Forecast Units |
Value (USD Million), Volume (Kiloton) |
|
Segments Covered |
Type, Application, End-use, and Region |
|
Geographies Covered |
Asia Pacific, North America, Europe, Middle East & Africa, and South America |
|
Companies Covered |
The major market players include Continental AG (Germany), Trelleborg AB (Sweden), Saint-Gobain S.A (France), Colmant Coated Fabrics (France), The Rubber Company (England), White Cross Rubber Products Limited (England), Caodetex S.A. (Argentina), Auburn Manufacturing, Inc. (US), Fothergill Group (England), Arville Textiles Limited (England), Zenith Rubber (India), Bobet Company (France), and others |
This research report categorizes the rubber coated fabric market based on type, application, end-use, and region.
Based on type, the rubber coated fabric market has been segmented as follows:
- Natural
- Synthetic
Based on application, the rubber coated fabric market has been segmented as follows:
- Protective Suits & Gloves
- Boats & Gangway Bellows
- Transmission and Conveyor Belts
- Outdoor Gear & Rainwear
- Gaskets & Diaphragms
- Others
Based on end-use, the rubber coated fabric market has been segmented as follows:
- Protective Clothing
- Industrial
- Transportation & Watercraft
- Recreation & Leisure
- Others
Based on the region, the rubber coated fabric market has been segmented as follows:
-
Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
-
Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
-
North America
- US
- Canada
- Mexico
-
Middle East & Africa
- Saudi Arabia
- UAE
- Turkey
- Rest of Middle East & Africa
-
South America
-
- Brazil
- Argentina
- Rest of South America
-
Recent Developments
- In November 2022, Trelleborg Engineered Coated Fabrics focuses on innovation in healthcare & medical textiles. One of its recent product launches was the Dartex Zoned Coatings fabric. The fabric allows different combinations of stretch properties across its surface without changing the textile. For example, patients could benefit from a breathable center area for skin contact purposes, while clinicians could benefit from a tougher edge for durability.
- In December 2020, in response to the COVID-19 pandemic, Saint-Gobain developed the ONESuit ProTech, a protective suit designed to help first responders and medical professionals stay safe while treating patients with highly contagious diseases.
- In May 2020, Continental AG innovated timing belts which are used in wind turbines in place of gearboxes. The company has equipped the wind turbines made by Chinese manufacturer Xinjiang Goldwind Science and Technology with drive belts. Continental engineers used an optimal combination of two tried-and-tested timing belt technologies to develop these belts.
Frequently Asked Questions (FAQ):
What is the current size of the rubber coated fabric market?
The rubber coated fabric market is projected to grow from USD 6,357 million in 2023 to USD 7,787 million by 2028, at a CAGR of 4.1% from 2023 to 2028.
Which region is expected to hold the largest market share in the rubber coated fabric market?
The rubber coated fabric market in North America is estimated to hold the largest market share.
Which is the major application of rubber coated fabric?
The boats & gangway bellows segment is the major application of rubber coated fabric.
Who are the major players operating in the rubber coated fabric market?
The major players operating in the market include Continental AG (Germany), Trelleborg AB (Sweden), Saint-Gobain S.A (France), Colmant Coated Fabrics (France), The Rubber Company (England), White Cross Rubber Products Limited (England), Caodetex S.A. (Argentina), Auburn Manufacturing, Inc. (US), Fothergill Group (England), Arville Textiles Limited (England), Zenith Rubber (India), Bobet Company (France).
What is the total CAGR expected to record for the rubber coated fabric market during 2023-2028?
The market is expected to record a CAGR of 4.1% from 2023-2028. .
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The study involved four major activities in estimating the current market size of rubber coated fabric. Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizes with industry experts across the value chain of rubber coated fabric through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, market breakdown and data triangulation were used to estimate the size of the segments and sub-segments of the market.
Secondary Research
The research methodology used to estimate and forecast the access control market begins with capturing data on the revenues of key vendors in the market through secondary research. In the secondary research process, various secondary sources, such as Hoovers, Bloomberg BusinessWeek, Factiva, World Bank, and Industry Journals, were referred to for identifying and collecting information for this study. These secondary sources included annual reports, press releases & investor presentations of companies; white papers; certified publications; articles by recognized authors; notifications by regulatory bodies; trade directories; and databases. Vendor offerings have also been taken into consideration to determine market segmentation.
Primary Research
The rubber coated fabric market comprises several stakeholders, such as raw material suppliers, rubber coated fabric manufacturers, and regulatory organizations in the supply chain. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Primary sources from the supply side included industry experts such as Chief Executive Officers (CEOs), vice presidents, marketing directors, technology and innovation directors, and related key executives from various key companies and organizations operating in the rubber coated fabric market. Primary sources from the demand side included directors, marketing heads, and purchase managers from various sourcing industries.
Following is the breakdown of the primary respondents:
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Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the total size of the rubber coated fabric market. These methods were also used extensively to determine the size of various sub-segments in the market. The research methodology used to estimate the market size included the following:
- The key players were identified through extensive primary and secondary research.
- The value chain and market size of the rubber coated fabric market, in terms of value and volume, were determined through primary and secondary research.
- All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
- All possible parameters that affect the market covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.
- The research included the study of reports, reviews, and newsletters of top market players, along with extensive interviews for opinions from key leaders, such as CEOs, directors, and marketing executives.
Global Rubber Coated Fabric Market Size: Bottom-Up Approach
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Global Rubber Coated Fabric Market Size: Top-Down Approach
Data Triangulation
After arriving at the overall market size using the market size estimation processes as explained above, the market was split into several segments and sub-segments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides in the rubber coated fabric sources.
Market Definition
According to The Rubber Company, rubber coated textiles, also referred to as technical coated textiles or rubber proofed fabrics, grant rubber properties to a variety of fabrics and materials. Depending on how the fabric will be used, different rubber compounds are carefully coated on one or both sides of the fabric substrate using bonding agents. Coated fabrics are flexible composite materials. The rubber and the fabric form a solid bond after the coating has dried and hardened. The finished product is substantially stronger than uncoated fabrics, has good stability, and can be washed. Rubber coated fabrics have close textured mature and hence demonstrate low permeation and diffusion. They can be temperature, weather, and oil resistant as well as electrically conductive.
Key Stakeholders
- Manufacturers of rubber coated fabrics
- Manufacturers in end-use industries
- Traders, distributors, and suppliers of rubber coated fabrics
- Regional manufacturers and chemical associations
- Contract manufacturing organizations (CMOs)
- Market research and consulting firms
- NGOs, governments, investment banks, venture capitalists, and private equity firms
- Environmental support agencies
Report Objectives:
- To analyze and forecast the market size of rubber coated fabrics in terms of value and volume.
- To provide detailed information regarding the major factors (drivers, restraints, challenges, and opportunities) influencing the regional market
- To analyze and forecast the global rubber coated fabric market on the basis of type, application, end-use, and region.
- To analyze the opportunities in the market for stakeholders and provide details of a competitive landscape for market leaders.
- To strategically analyze the micro markets with respect to individual growth trends, growth prospects, and their contribution to the overall market
- To forecast the size of various market segments based on five major regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America, along with their respective key countries.
- To track and analyze competitive developments, such as product launch, agreement, acquisition, and investments, in the market.
- To strategically profile the key players and comprehensively analyze their market shares and core competencies.
Available Customizations:
With the given market data, MarketsandMarkets offers customizations according to the client-specific needs.
The following customization options are available for the report:
- Additional country-level analysis of the rubber coated fabric market
- Profiling of additional market players (up to 8)
Product Analysis
- Product matrix, which gives a detailed comparison of the product portfolio of each company.
Growth opportunities and latent adjacency in Rubber Coated Fabric Market