Engineered Coated Fabrics Market offers good growth opportunities post COVID-19

The Engineered Coated Fabrics research report published by Stratview Research, is an in-depth analysis of the latest developments, market size, future technologies, market drivers, upcoming challenges, with key company profiles. The research study provides market overview, opportunities in the market, sales and revenue by region and much more business intel.

This research analyses niche markets, potential threats, and competitive strategy in various segments based on the Engineered Coated Fabrics Market competitive landscape and development model in various parts of the world. This research throws light on the business strategies of the key players that might help in the growth of other companies during the pandemic era.

Impact of COVID-19 on Engineered Coated Fabrics Market

As the world grapples with one of its greatest health pandemic, the economic and social disruption has affected millions of enterprises. The revenues have gone down in the year 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition. Stratview Research throws light on in-depth insights related to rapid alterations in the key players in each industry, growth and decline due to COVID-19, etc. The researchers at Stratview Research are regularly connecting with the clients and other key players of almost all the industries, regarding the impact of COVID-19 on their businesses.

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Key Players:

• Graniteville Specialty Fabrics Inc.
• Lamcotec Inc.
• Omnova Solutions Inc.
• Orca – by Pennel & Flipo
• Trelleborg AB
• Uniroyal Global Engineered Products Inc.
• Vintex Inc.

Growth drivers and Market Value:

This report, from Stratview Research Engineered Coated Fabrics Market value and growth drivers over the trend period of 2019-24. According to the report -

The engineered coated fabrics market is projected to grow at a healthy growth rate over the next five years to reach US$ 923.6 million in 2024. An organic growth of the automotive and aircraft industry coupled with an increasing demand for lightweight products, the development of new high-performance applications using engineered coated fabrics, an advancement in the technology, and the introduction of stringent government standards regarding the safety are some of the major factors that are bolstering the demand for engineered coated fabrics in various end-use industries.

Segment Analysis:

By Process Type

Based on the process type, the engineered coated fabrics market is bifurcated into Calendaring, Hot-Melt, Knife, and Others. Calendaring is the most widely preferred coating process in the global engineered coated fabrics market. It is considered as an ideal process for rubber-based fabrics processing and is very good at handling heat-sensitive polymers. The hot-melt coating process is projected to grow at the highest rate, owing to its low-processing time. In the hot-melt coating process, the coating material can be applied without any organic solvents at a high application rate, which leads to its low-processing time.

By Region

Based on the regions, North America is projected to remain the largest market for engineered coated fabrics during the forecast period, driven by both OE as well as aftermarket segments. The USA is the growth engine of the region’s market and has the presence of almost all major engineered coated fabric manufacturers including Omnova Solutions and Uniroyal Global Engineered Products. Consistent growth in the automotive and aerospace & defense industries is likely to boost the overall demand for engineered coated fabrics in the North American market.

Competitive Analysis: Understanding your rivalry is critical to your success. This section includes an analysis of your key competitors, their products/services, their differentiators, and market shares, etc.

Target Market and Audience: Identifying and prioritizing specific target markets is another key part of any industry, where research is crucial. Stratview Research’s report will help you find more about the demographics and buying behaviours of your potential customers.

Key Considerations for Market Forecast:

• Impact of lockdown, supply chain disruptions.
• Pre and post-COVID-19 market estimates
• Geographical Breakdown: Regional level analysis of the market, currently covering North America, Europe, China & Japan

Impact of COVID-19 on the Global Market

The Engineered Coated Fabrics report compiled by Stratview Research offers in-depth study of market opportunities and market impact that are stirred due to the COVID-19 pandemic. The detailed research report focuses upon the direct and indirect impact of COVID-19 with new product launches, M&As, supply chain overview, government regulations, strategies adopted by related market, etc.

Sneak peek into the Report:

The report provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market forecast analysis
• Competitive landscape and dynamics: Market share, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends & Key success factors

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