Rubber Coated Fabrics Market - Forecast(2024 - 2030)
Rubber Coated Fabrics Market Overview
Rubber Coated Fabrics market size is forecast to reach US$2.3
billion by 2027, after growing at a CAGR of 3.5% during 2022-2027. The rubber
coated fabrics market is driven by increased demand from end-use applications
in such as transportation, protective clothing, furniture & seating,
roofing, and others. Rubber coated fabrics based on natural rubber, polychloroprene,
ethylene propylene diene monomer, and butyl rubber are widely used in these
applications as it offers enhanced elasticity, high visibility, weldability, and
resistance to scratch, flame, chemical, oil, water, UV radiation, stain, and
abrasion. In addition, it is projected that the bolstering construction and
automotive industry will increase the demand for natural rubber, ethylene
propylene diene monomer, and butyl rubber based coated fabrics, which will also
contribute towards the market growth during the forecast period. Furthermore, the
rapid expansion of the military & defense market is further aiding the
market growth.
COVID-19 Impact
Rubber coated fabric demand was negatively impacted by the COVID-19
epidemic in a variety of end-use industries, including aerospace, automotive,
marine, and others. OEMs were forced to operate at zero or partial capacity due
to supply chain disruptions such as raw material delays or non-arrival,
disrupted financial flows, and rising absenteeism among production line staff,
resulting in lower demand for rubber coated fabric products. Due to the closure
of non-essential businesses, the outbreak had a significant impact on the
automotive industry. As the demand for automobiles dwindled, production was
abruptly halted. According to the International Organization of Motor Vehicle
Manufacturers, global automotive production will fall by 16 percent in 2020.
Toyota Motor Corporation's global vehicle production in 2020 was down 12.6
percent year over year due to the impact of the COVID-19 pandemic. As a result,
demand for rubber coated fabrics has decreased significantly, affecting market
revenue in 2020.
Report Coverage
The report: “Rubber Coated
Fabrics Market Report – Forecast (2022-2027)”, by IndustryARC, covers an
in-depth analysis of the following segments of the Rubber Coated Fabrics Industry.
By Type: Natural
Rubber, and Synthetic Rubber (Polychloroprene, Styrene-butadiene Rubber, Ethylene
Propylene Diene Monomer, Silicone, Butyl Rubber, and Others).
By Application: Hoses, Ducts, Gaskets, Tank
Seals, Life Jackets, Fire Blankets, Military Apparels, Welding Drapes, and Others.
By End-Use Industry: Building and Construction (Residential, Commercial, Industrial, and
Infrastructural), Transportation [Automotive (Passenger Vehicles (PV), Light
Commercial Vehicles (LCV), and Heavy Commercial Vehicles (HCV)), Aerospace
(Commercial, and Military), Marine (Passenger, Cargo, and Others), Locomotive],
Military & Defense, Industrial, and Others.
By
Geography: North America (USA, Canada, and Mexico),
Europe (UK, Germany, France, Italy, Netherlands, Spain, Russia, Belgium, and
Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia and
New Zealand, Indonesia, Taiwan, Malaysia, and Rest of APAC), South America
(Brazil, Argentina, Colombia, Chile, and Rest of South America), Rest of the
World (Middle East, and Africa).
Key Takeaways
- Asia-Pacific dominates the rubber coated fabrics market, owing to the increasing demand for automobiles in the region. According to the International Trade Administration (ITA), the Chinese government expects 35 million automobiles to be produced by 2025.
- The Occupational Safety and Health Administration (OSHA) is enacting more stringent regulations to ensure worker safety, which is assisting market growth.
- Furthermore, rapid industrialization in emerging economies, as well as innovative protective clothing product development, provide a lucrative opportunity for market expansion.
- Environmental concerns, a lack of safety compliance, and the availability of substitutes, on the other hand, are impeding the market growth.
Figure: Asia-Pacific Rubber Coated Fabrics Market Revenue, 2021-2027 (US$ Billion)
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Rubber Coated Fabrics Market Segment Analysis – By Application
The synthetic rubber segment held the largest share in the rubber coated
fabrics market in 2021 and is forecasted to grow at a CAGR of 3.4% during
2022-2027. In two major ways, synthetic rubbers like polychloroprene, ethylene
propylene diene monomer, and butyl rubber outperform natural rubbers: thermal
stability and resistance to oils and related compounds. Synthetic rubber
outperforms natural rubber in terms of abrasion resistance, chemical
resistance, fluid resistance, ozone resistance, electrical heat resistance, and
aging effects. Many synthetic rubbers, including polychloroprene, ethylene
propylene diene monomer, and butyl rubber, are flame-resistant, making them
suitable for use as electrical device insulation. Thus, all these advantageous
properties of synthetic rubber are making it an effective option for coated
fabrics, which in turn, is stimulating the growth of the market.
Rubber Coated Fabrics Market Segment Analysis – By End-Use Industry
The transportation segment held the largest share in the rubber
coated fabrics market in 2021 and is forecasted to grow at a CAGR of 4.8%
during 2022-2027, due to the increasing usage of rubber coated fabrics in
automobiles, aerospace, marine, and locomotive. Rubber coated fabrics are
appropriate for a wide range of automotive end-uses such as interior, exterior,
airbags, seat belts, truck tarpaulin & covers, boat seating, boat topping,
rafts, and kayaks. Smoke seals made from rubber coated fabrics are used in
aircraft to ensure that smoke or any other hazardous gas does not penetrate the
cabin. Rubber coated fabrics are frequently used in cable covers and sleeves to
provide properties such as fire resistance. The fabric used in the marine
environment must be resistant to saltwater and weather because it will be
exposed to the elements for extended periods and is expected to last at least a
decade. Rubber coated fabric is particularly resistant to oil and grease, as
well as abrasion, allowing it to last even when exposed to harsh conditions,
owing to which it is often used in the marine industry. Thus, the wide
application of rubber coated fabric in the transportation industry is the major
factor boosting the market growth.
Rubber Coated Fabrics Market Segment Analysis – By Geography
Asia-Pacific region held the largest share in the rubber coated fabrics market in 2021 up to 41%, owing to spiraling demand for rubber coated fabrics from the transportation industry in the region. According to the State Council of the People's Republic of China, between January and June, the industry completed the construction of over 20.92 million deadweight tonnes (dwt), up 19 percent year on year. China's shipbuilding sector had received orders totaling 86.6 million dwt by the end of June 2021, up 13.1 percent year on year. According to the Organisation Internationale des Constructeurs d'Automobiles (OICA), automotive production in Malaysia and Vietnam increased to 571632 and 250000 units, respectively, in 2019, up 1.2 percent and 5.5 percent from the previous year, thanks to rising per capita income. Boeing predicted that China's airlines would spend US$1.4 trillion on 8,600 new aircraft and US$1.7 trillion on commercial aviation services over the next 20 years in November 2020. With the increasing production of marines, automobiles, and aircraft, the demand for rubber coated fabric will also exponentially increase for various applications, which will aid in market growth. Thus, the increasing transportation industry in APAC is the major factor boosting the market growth during the year 2021 and the forecast period.
Rubber Coated Fabrics Market Drivers
Increasing Electric Vehicle Production
Rubber coated fabrics exteriors not only just
reduce an EV's weight by hundreds of pounds. They also reduce both the cost of
materials and manufacturing, thereby either lowering the EV's price for
consumers or increasing profit for the automaker (or both). Also, rubber coated
fabrics with special coatings cost significantly less than steel and aluminum
and don’t require further complicated and expensive steps like stamping, paint
booths, or rustproofing. Electric vehicle production and adoption are expected
to rise around the world. According to Invest India, the Indian EV market is
expected to grow at a CAGR of 44 percent between 2020 and 2027, with annual
sales reaching 6.34 million units by 2027. California has mandated that by
2035, all new passenger vehicles sold in the state by 100% electric. The
recently unveiled American Jobs Plan proposes a total of US$174 billion in
incentives, rebates, and investments to promote the production and adoption of
electric vehicles. GM has also proposed that all diesel and gasoline-powered
cars be phased out by 2035, with the entire fleet being converted to electric
vehicles. As a result, it is expected that a gradual shift toward electric
vehicles will boost demand for rubber coated fabrics, propelling the market
forward.
Increasing Demand for Aircrafts
Industrial workers are exposed to a wide range of dangers daily.
Chemicals and industrial products can be irritating, corrosive, flammable, and
even deadly. As a result, workers are required to wear protective clothing to
avoid coming into contact with these hazards. The organization has established
safety standards for industrial disasters such as manufacturing machinery
failures, fires, and other incidents. For instance, according to Occupational
Safety and Health Administration (OSHA) 1910.132 standard, it is mandatory for
workers in the oil & gas industries to wear protective clothing.
Furthermore, NFPA 2112 and 2113 (for flash-fire hazards), NFPA 70E (for
arc-flash hazards), and ANSI/ISEA 107-2015 (American National Standard for
High-Visibility Safety Apparel) are other regulations, which govern protective
clothing usage in the oil and gas industry. These regulations are supporting rubber
coated fabrics market growth as they are often employed in the manufacturing of
protective textiles. Thus, such regulations are propelling the rubber coated
fabrics market forward during the forecast period.
Rubber Coated Fabrics Market Challenges
Environmental Concerns Related to the Rubber
Despite the numerous benefits that natural rubber provides to the
world's modernization, the result of natural rubber processing continues to
pose a serious problem due to its highly polluted effluents. Latex rubber
processing wastewater typically contains high levels of BOD, COD, and SS.
Because its wastewater contains high biological oxygen demand and ammonia, the
rapid growth of this industry generates large amounts of effluents from its
processing operations, which is a major problem. The discharge of wastewater
from the rubber processing industry into the environment without proper
treatment may have serious and long-term consequences. Thus, such environmental
concerns related to rubbers limit the overall growth of the global rubber coated
fabrics market over the forecast period.
Rubber Coated Fabrics Industry Outlook
Technology launches,
acquisitions, and R&D activities are key strategies adopted by players in
the rubber coated fabrics market. Rubber coated fabrics market top 10 companies include:
- Takata
- Colmant Coated Fabrics
- Fabri Cote
- Longwood Elastomers
- Cross Rubber Products Ltd.
- ContiTech AG
- Zenith Industrial Rubber Products Pvt.Ltd.
- RAVASCO
- Trelleborg AB
- Montaplast GmbH
Recent Developments
- In January 2022, Trelleborg has acquired an operation in Alpha Engineered Composites' polymer-coated fabrics used in niche applications, such as transportation equipment and the aerospace industry, as well as engineered industrial products, including the Fairprene and FluoroSeal product brands, through its Trelleborg industrial solutions business.
- In February 2020, Fenner Precision Polymers has added Fabri Cote, a manufacturer of custom rubber-coated fabrics primarily for aerospace applications, to its coated textile portfolio.
Relevant Reports
Coated Fabrics Market – Forecast (2022 - 2027)
Report Code: CMR 0646
Polymer Coated Fabrics Market – Forecast (2022 - 2027)
Report Code: CMR 0613
Textile Coatings Market – Forecast (2022 - 2027)
Report Code: CMR
0671
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LIST OF TABLES
1.Global Rubber Coated Fabrics Market Analysis and Forecast By Coating Type Market 2023-2030 ($M)2.Global Rubber Coated Fabrics Market Analysis and Forecast By Material Type Market 2023-2030 ($M)
3.Global Rubber Coated Fabrics Market Analysis and Forecast By Coating Type Market 2023-2030 (Volume/Units)
4.Global Rubber Coated Fabrics Market Analysis and Forecast By Material Type Market 2023-2030 (Volume/Units)
5.North America Rubber Coated Fabrics Market Analysis and Forecast By Coating Type Market 2023-2030 ($M)
6.North America Rubber Coated Fabrics Market Analysis and Forecast By Material Type Market 2023-2030 ($M)
7.South America Rubber Coated Fabrics Market Analysis and Forecast By Coating Type Market 2023-2030 ($M)
8.South America Rubber Coated Fabrics Market Analysis and Forecast By Material Type Market 2023-2030 ($M)
9.Europe Rubber Coated Fabrics Market Analysis and Forecast By Coating Type Market 2023-2030 ($M)
10.Europe Rubber Coated Fabrics Market Analysis and Forecast By Material Type Market 2023-2030 ($M)
11.APAC Rubber Coated Fabrics Market Analysis and Forecast By Coating Type Market 2023-2030 ($M)
12.APAC Rubber Coated Fabrics Market Analysis and Forecast By Material Type Market 2023-2030 ($M)
13.MENA Rubber Coated Fabrics Market Analysis and Forecast By Coating Type Market 2023-2030 ($M)
14.MENA Rubber Coated Fabrics Market Analysis and Forecast By Material Type Market 2023-2030 ($M)
LIST OF FIGURES
1.US Rubber Coated Fabrics Market Revenue, 2023-2030 ($M)2.Canada Rubber Coated Fabrics Market Revenue, 2023-2030 ($M)
3.Mexico Rubber Coated Fabrics Market Revenue, 2023-2030 ($M)
4.Brazil Rubber Coated Fabrics Market Revenue, 2023-2030 ($M)
5.Argentina Rubber Coated Fabrics Market Revenue, 2023-2030 ($M)
6.Peru Rubber Coated Fabrics Market Revenue, 2023-2030 ($M)
7.Colombia Rubber Coated Fabrics Market Revenue, 2023-2030 ($M)
8.Chile Rubber Coated Fabrics Market Revenue, 2023-2030 ($M)
9.Rest of South America Rubber Coated Fabrics Market Revenue, 2023-2030 ($M)
10.UK Rubber Coated Fabrics Market Revenue, 2023-2030 ($M)
11.Germany Rubber Coated Fabrics Market Revenue, 2023-2030 ($M)
12.France Rubber Coated Fabrics Market Revenue, 2023-2030 ($M)
13.Italy Rubber Coated Fabrics Market Revenue, 2023-2030 ($M)
14.Spain Rubber Coated Fabrics Market Revenue, 2023-2030 ($M)
15.Rest of Europe Rubber Coated Fabrics Market Revenue, 2023-2030 ($M)
16.China Rubber Coated Fabrics Market Revenue, 2023-2030 ($M)
17.India Rubber Coated Fabrics Market Revenue, 2023-2030 ($M)
18.Japan Rubber Coated Fabrics Market Revenue, 2023-2030 ($M)
19.South Korea Rubber Coated Fabrics Market Revenue, 2023-2030 ($M)
20.South Africa Rubber Coated Fabrics Market Revenue, 2023-2030 ($M)
21.North America Rubber Coated Fabrics By Application
22.South America Rubber Coated Fabrics By Application
23.Europe Rubber Coated Fabrics By Application
24.APAC Rubber Coated Fabrics By Application
25.MENA Rubber Coated Fabrics By Application
26.Competition Landscape, Sales /Revenue, 2015-2018 ($Mn/$Bn)