Report ID: UCMIG25M2056
Report ID:
UCMIG25M2056 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
According to projections, the rubber coated fabric market will increase from USD 6,357 million in 2023 to USD 7,787 million in 2028, at a compound annual growth rate of 4.1%. Increased demand from end-use industries like transportation, protective apparel, furniture & seating, roofing, and others is what fuels the market for rubber coated fabrics.The market growth is also being aided by the military & defense industry's rapid expansion.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Textiles by segment aggregation, the contribution of the Textiles in Consumer Durables & Apparel and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG25M2056