Coated Fabrics industry forecasts to 2010 and 2015

Released on = April 20, 2007, 10:15 pm

Press Release Author = Bharat Book Bureau

Industry = Marketing

Press Release Summary = US demand to reach 680 million square yards by 2010

Demand for coated fabrics is projected to increase 3.2 percent annually through 2010
to 680 million square yards. Gains will be driven in part by ongoing strength in the
protective clothing and motor vehicle airbag markets.

Press Release Body = Coated Fabrics industry forecasts to 2010 & 2015

US demand to reach 680 million square yards by 2010

Demand for coated fabrics is projected to increase 3.2 percent annually through 2010
to 680 million square yards. Gains will be driven in part by ongoing strength in the
protective clothing and motor vehicle airbag markets. Rebounds in spending on
capital projects and nonresidential building construction will also aid growth.
Ongoing advances in coated fabric technology, including the use of thinner and more
durable coatings, will also spur gains. However, further increases will be
restrained by burgeoning competition from engineered textiles, which feature
chemical treatments or coatings that are applied at the thread or fiber level rather
than after the fabric has been produced.

Vinyl-coated fabrics to remain leading type

Of the three major fabric types, nonrubber- coated fabrics, including those coated
with polyvinyl chloride (PVC), polyurethane or acrylic, accounted for the largest
share of coated fabric sales in 2005, with more than 80 percent of demand value.
Within this category, PVC-coated fabrics are the leading type, benefitting from good
performance at a modest price in a wide variety of applications. Rubbercoated
fabrics, including those coated with natural rubber, neoprene, silicone rubber or
butyl rubber, will post above average gains through 2009, benefitting from the
growth in motor vehicle airbags, industrial equipment and protective clothing.
Fabric-backed wallcoverings are expected to post the strongest gains over the same
period, due to product innovations and the rebound in nonresidential construction
spending.

Coated nylon to pace gains by substrate

Coated fabrics made from polyester substrates will continue to be the most widely
used product type through the forecast period, based on their low cost and
versatility. However, sales of coated nylon, a stronger and lighter substrate that
is often used in the production of high growth goods such as airbags and protective
clothing, are projected to post stronger gains through 2009.

Protective clothing to post fastest market advances

In 2005, the motor vehicle market (e.g., accounted for the largest share of coated
fabric demand, with 29 percent. The protective clothing market is projected to
achieve the fastest growth rate through 2010, benefitting from increased demand for
safety suits by the military, first responders and chemical and electronic industry
workers. Other markets expected to post above-average growth include industrial
equipment, awnings and canopies, and commercial tents.


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