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Global Laminated Fabric Market Size, Trends & Analysis - Forecasts to 2026 By Type (Single Laminated Fabrics, and Double Laminated Fabrics); By Application (Protective Clothing, Transportation, Industrial, Roofing, Awnings & Canopies, Furniture, Others); By Region (North America, Europe, Asia Pacific, MEA, and CSA); End-User Landscape, Vendor Landscape, and Company Market Share Analysis & Competitor Analysis
The laminated fabric market is expected to show exponential growth within 2020-2026 duration at a CAGR of 3.1%. In general terms, the laminated fabric is a construction of two layers of polymers film bonded on fabric via heat or pressure. They are highly used in industries like clothing, construction railways, and agriculture for giving an aesthetic appearance and performing other functions. Laminated fabric offers some brilliant properties such as high tensile strength, lighter weight, and greater abrasion resistance which allow them to give a longer holding especially in case of bending and folding.
Growing industrialization followed by infrastructural development is expected to create lucrative opportunities for the laminated fabric market. Raising safety issues in construction activities helps to uplift the demand for laminated fabrics for designing safety clothes, hats, gloves, and liner lining of shoes. Government strict regulatory norms towards the safety of the worker are boosting the product demand in the protective clothing segment. Growing R & D activities to bring a new product with better quality and efficiency is expected to drive the market of the laminated fabric market in the mentioned duration.
Laminated fabric can be explained as single laminated fabrics, and double laminated fabrics. The double laminated fabric has fabric on both sides of the foam and which gives stronger behavior support as compared to the single laminated fabric which has fabric on only one side of the foam. Double laminated fabrics are more preferred in textile and construction industries for better texture and safety purposes respectively.
The application range of laminated fabric market can be studied as protective clothing, transportation, industrial, roofing, awnings & canopies, furniture, and others. The transportation segment is expected to build the largest revenue at the fastest rate in the forecast year. Increasing business of automobile sale in the financially stable regions is triggering the demand for laminated fabric products coupled with development in rail and roadway transportation.
Protection clothing is the second largest growing segment and expected to proliferate even further in the coming years due to increasing industrialization and growing government steps towards safety standards in China and India.
Asia-Pacific is the largest consumer of the laminated fabric market in current times and is predicted to maintain its performance in coming years also. The growing automotive sector in the region followed by increased usage of laminated fabric in furniture is creating lucrative opportunities for the product in the APAC region. Increasing demand for transportation, industrial applications, and protective coating is driving the laminated fabric market especially in China and India.
The key players operating in the market include Diatex, Wiman Corporation, Rajdhani Laminates, Robert Kaufman, Lamcotec, Art Gallery Fabrics, Barbican, Ann Kelle, AKAS Tex, Laminating Chillers, and MESA INDUSTRIES among others.
Please note: This is not an exhaustive list of companies profiled in the report.
In October 2020, Lamcotec passed crucial medical furniture fire standards for its latest designed engineered coated fabric in the UK. The company ensures that conforming fabric is excellent flame resistant for the medical environment.
In October 2020, Lamcotec expanded its production unit to Frankfurt, Germany by introducing a new polyurethane coated textile. The company is focused on bringing a new change in the healthcare and medical industry by bringing their innovation into the market.
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The Global Laminated Fabric Market has been studied from the year 2017 till 2026. However, the CAGR provided in the report is from the year 2018 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Laminated Fabric Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.
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