Polyurethane Coated Fabrics Is Fastest Growing Segment Fueling The Growth Of Coated Fabrics Market
The global Coated Fabrics Market is estimated to be valued at US$ 22.49 Bn in 2023 and is expected to exhibit a CAGR of 4.1% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Coated fabrics are used to manufacture various industrial products and consumer goods. They provide advantages like water resistance, light-weight, UV rays protection, abrasion resistance and anti-stain properties. These fabrics find widespread applications in automotive, protective clothing, transportation, industrial and construction among others. Market key trends: One of the key trends in the coated fabrics market is rising demand for polyurethane coated fabrics. Polyurethane provides excellent mechanical properties, water resistance, flexibility and adhesion. It is increasingly being used to coat various fabrics like nylon, polyester and cotton for applications in automotive interiors, packaging and transportation. The growth in a