Global Rubber Coated Fabric Market is anticipated to grow at a CAGR of 4.8% during the forecast period (2021-2027). The rising focus of the companies and consumer demand on the safety measures offered in the products by different companies is driving the growth of the Global Rubber Coated Fabric Market. Rubber coating makes the fabric stronger and more resistant to weather conditions and is very close textured due to which they exhibit low penetration and diffusion. The rising focus on d=safety measures in transportation is also propelling the market. Rubber coated fabrics are used to make airbags for safety purposes. In addition to this, rubber coated fabrics are used in many applications such as industrial for tubes for LPG and CNG gaskets, in aerospace and automotive for fuel tanks, and many more. For instance, in July 2019, Colmant Coated Fabrics designed and manufactured rubber coated technical fabrics that were made for flexible fuel tanks specifically dedicated towards racing cars and aircraft.
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The key companies operating in the industry are highly inclined towards the adoption of different growth strategies including partnerships, mergers, and acquisitions, technological advancement, and innovation, keeping in view the safety concern from their products to remain competitive in the marketplace. For instance, in February 2020, Fenner Precision Polymer in order to expand its reach in the coated textile market and aerospace industry acquired the Fabri Cote based in Los Angles. Furthermore, in December 2020, Seaman Corporation and V Technical Textiles announced an innovation product partnership to successfully drive ground-breaking new technology and application for a new highly durable RF-shielded solution. This new, highly durable RF-shielded solution will offer an advanced line of ruggedized coatings for industrial and commercial needs.
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Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
- Segment Covered-
o By Type
o By Application
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- 3M Co., ContiTech AG, Fenner Precision Polymer, Trelleborg AB, White Cross Rubber Products, Ltd., and Zenith Industrial Rubber Products Pvt. Ltd.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Rubber Coated Fabric Market Report Segment
By Type
- Natural
- Synthetic
By Application
- Industrial
- Defense and Public Safety
- Construction
- Aerospace and Automotive
- Others
Company Profiles
- 3M Co.
- Alpha Engineered Composite
- Auburn Manufacturing, Inc.
- Colmant Coated Fabrics
- ContiTech AG
- Fenner Precision Polymer (Fabri Cote)
- Kurwa Rubber & Valves
- Longwood Elastomers (Wabtec Corp.)
- MacLellan Rubber, Ltd.
- Metflex Precision Rubber Components
- Passaic Rubber Co.
- Ravasco Transmission & Packing Pvt. Ltd.
- Trelleborg AB
- White Cross Rubber Products, Ltd.
- Zenith Industrial Rubber Products Pvt. Ltd.
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