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Friday 6 May 2016

Coated fabrics market is expected to witness rapid growth due to positive outlook on application markets till 2020: Grand View Research, Inc


The global market for coated fabrics is expected to reach USD 22,576.7 million by 2020, according to a new study by Grand View Research, Inc. Coated fabrics market is expected to witness rapid growth due to positive outlook on application markets and product innovation. Increasing growth in automotive industry is also expected to boost the coated fabrics market over the forecast period. Rising demand for protective clothing due to its wide application in food processing, agriculture, chemical processing is expected to fuel the market growth of coated fabrics. The global construction industry has seen a steady recovery over the last three years, enhanced infrastructure spending, particularly in Brazil, China and India is expected to be mirrored in the demand for coated fabrics.
http://www.grandviewresearch.com/industry-analysis/coated-fabric-market

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