The market is expected to generate an incremental $ opportunity of US$ 2,298.3Mn between 2022 and 2032
Category: Chemicals & Materials Published Date : October 2022 ID: CVC-00384 Format: PDF Pages: 300
Coated Fabrics for Defense Market Size Analysis
According to a recent survey conducted by ChemView Consulting, the Global Coated Fabrics for Defense Market grew at a CAGR of 4.2% between 2017-2021 and is estimated to be US$ 3,746.5Mn in 2022. Currently, the market is anticipated to grow at a CAGR of 4.9% and is expected to reach a valuation of US$ 6,044.8Mn by 2032 end.
Coated fabrics play a crucial role in defense since they give military equipment and forces vital qualities. Numerous applications in the defense sector extensively use coated fabrics made of polyurethane, polyvinyl chloride, Teflon, and neoprene, among other materials.
In military aircraft, coated textiles are frequently used in aerostats, ejection seat bladders, and other aircraft elements. The market is anticipated to rise during the forecast period due to the expanding aircraft application and rising military aircraft production globally.
Market Dynamic
MILITARY AIRCRAFT, SHIPS, AND PARACHUTES DEPICT HIGHER DEMAND FOR COATED FABRICS IN THE YEARS
Modern, technology-driven planes and ships have become essential to international military operations and a key element of contemporary warfare plans. In addition to being widely used in ejector seat covers, parachute release bags, troop seating, anti-gravity clothing, flight suits, aircraft flotation bags, and many other applications, coated fabrics play a significant role in the sector’s shifting dynamics.
These coated fabrics are also used to make marine ships, different kinds of inflatable boats, rafts, life jackets, safety gear, berth covers, and fire-resistant faux leather for upholstery. The global market for coated fabrics for defense has grown thanks to the demand for coated fabrics significantly.
ISSUES WITH RECYCLABILITY, FEASIBILITY, STAND AS A HURDLE IN THE GROWTH OF THE MARKET
Even though using coated fabrics in the defense sector has several advantages, global recycling problems continue to restrain market expansion. Because coated fabrics are difficult to recycle, their use can have serious negative environmental effects. The disposal of trash produced during the creation and use of coated fabrics is the key problem. This garbage is difficult to recycle.
These solvents cannot completely dissolve the coated cloth, so dissolving the trash in them does not work well. Waste from coated fabrics can only be disposed of by burning it while abiding by all environmental regulations.
RECENT MARKET PROJECTIONS HIGHLIGHT LUCRATIVE INCREMENTAL OPPORTUNITIES IN THE AVIATION INDUSTRY
The market for coated materials used in defense is expanding significantly overall. The expansion in coated textiles in numerous applications, including personnel-oriented items and object-oriented coated fabrics for military sectors such as automobiles, railroads, aviation, and ships, has significantly contributed to the growth. Additional tools, including bags, belts, parachutes, hydration tanks, and more, are included in the program. The personal application category is anticipated to rule this market, nevertheless.
Due to the growing number of military personnel worldwide, personnel apparel is predicted to hold a sizeable market share in the Personnel Oriented Coated Fabrics category. The following significant market, object-oriented coated fabrics, is anticipated to expand at a remarkable CAGR in volume and value.
Market Segments Covered in Report
By Fabric:
By Application:
By Material:
By Region and Country:
Segment-Wise Analysis
Why is Polyester increasing in demand globally?
For the defense market, Polyester dominated the coated fabrics. Superior flexibility, lightweight, and water resistance are all features of this type of coated cloth. Polyester-coated materials are widely used in various defense applications, such as parachutes, personal protective equipment, and aircraft. Due to these varied qualities, industry participants and research institutions gravitate toward greater use of polyester-coated fabrics in the military sector.
What is the significance of the Personnel application?
The Coated Fabrics Defense business uses personal protective equipment to shield wearers from dangers. Safety helmets, goggles, face shields, and gloves are among the most widely used PPE items. Military troops and criminal justice system members, such as police officers or correctional officers, can utilize it.
Region-Wise Analysis
The regions analyzed for the market include North America, Europe, Latin America, Asia Pacific, Middle East, and Africa.
Competition Analysis
Players in the market for coated fabrics for defense use several key strategies, including acquisitions, product and technology launches, and investment in R&D activities.
The key developments in the Global Coated Fabrics for Defense Market:
A list of some of the key suppliers present in the market are:
Report Coverage and Highlights
Research Scope | Details |
Forecast period | 2022-2032 |
Historical data available for | 2017-2021 |
Market analysis | USD Million for Value and Tons for Volume, and CAGR from 2022 to 2032 |
Key regions covered | North America, Latin America, Europe, Asia-Pacific, Middle East, and Africa |
Key countries covered | US, Canada, Brazil, Mexico, Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Saudi Arabia, Turkey, UAE, South Africa, Nigeria, Egypt |
Key segments covered | By Fabric, Application, Material, and Region |
Customization scope | Available upon Request |
Pricing and purchase options | Available upon Request |