Market Outlook- Asia Pacific is expected to be the most lucrative region for the key players operating in the global Polymer Coated Fabrics market
Based on the regional segmentation, the global polymers coated fabrics market is distributed into North America, Latin America, Europe, Asia Pacific, Middle East and Africa. Asia Pacific accounts for a leading share in the global polymer coated fabrics market. Factors promoting its growth in Asia Pacific region include increasing population, increased rate of industrialization and urbanization along with booming automobile industry. Countries such as India and China accounted for a significant increase in the automobile production in 2016 as compared to 2015, wherein Indian accounted for 4.5 million in 2016 against 4.2 million in 2015 and China accounted for 28.1 million as compared to 24.5 million in 2015. The increase in the automobile production in India and China resulted in the demand for polymer coated fabrics for automobile interiors, thereby pushing up the growth of polymer coated fabrics industry.
Major players operating in the global polymer coatings market include Continental AG, Saint Gobain SA, Sioen Industries, Spradling International Inc., Takata Corporation, Colmant Coated Fabrics, Serge Ferrari Group, Trelleborg AB, SRF Limited, Seaman Corporation and others.
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