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[128 Pages Report] The rough terrain cranes market is set to grow at CAGR of 5.3% through 2026.Middle East Africa is the largest market of rough terrain cranes market. The market will reach US$ 240 Mn by 2026. 25T – 50T is the largest segment in rough terrain cranes market and is set to grow at 26.2% through 2026.The latest market outlook titled “Rough Terrain Cranes Market: Middle East and Africa Industry Analysis and Opportunity Assessment, 2016–2026” by Future Market Insights offers imperative insights into the Middle East and Africa rough terrain cranes market for the forecast period 2016-2026.

The overall long-term outlook on the growth of MEA market for rough terrain cranes remains optimistic, with the market projected to grow at a promising CAGR of 5.6% through 2026. Over the assessment period, MEA market for rough terrain cranes will gain nearly 100 BPS, reaching a market size of over US$ 231 Mn by 2026 end. GCC countries currently account for a significant share of the MEA market – this will remain the trend throughout the forecast period. The next largest markets include South Africa, Israel, and Turkey, which is anticipated to be closely followed by the rest of MEA.

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Key research findings strongly influencing the market growth

• High initial capital and expensive maintenance continues to fuel preference for rental cranes over new crane sales.
• Lucrative opportunities abound in the high lifting capacity cranes i.e. > 100T capacity segment.
• Application in fracking pipe yards, transmission distribution lines, and tank firms will unlock new revenue generation opportunities.
• Implementation of automation and advanced telematics are identified to be the top influential developments.
• Focus on enhanced operator comfort and efficient fuel economy underpins introduction of new features in rough terrain cranes.
• GCC will remain the largest market in rental as well as new sales of rough terrain cranes within MEA.
• Maximum new sales will be registered in Turkey over 2016-2026.
• African countries will account for significant demand owing to rapidly developing power generation and distribution infrastructure, and burgeoning mining activities.

The market has been segmented for in-depth analysis over 2016-2026, into MEA rough terrain cranes market – new sales and MEA rough terrain cranes market – rental. While market for rental rough terrain cranes is likely to witness a CAGR of 5.3% reaching a value worth US$ US$ 247.4 Mn in 2026, market for new sales of rough terrain cranes is expected to reach US$ 142.0 Mn by 2026-end, expanding at a healthy CAGR of 5.9% over the assessment period.

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MEA Rough Terrain Cranes Market – Rental

Future Market Insights expects this market to reach US$ 248 Mn in 2026.

• On the basis of lifting capacity, the highest growth will be observed in > 100 tonnes capacity segment.
• 50-75T capacity segment will continue to dominate the market throughout the forecast period.
• 75-100T capacity segment will possibly exceed revenues of US$ 68 Mn in 2026, accounting for more than 27% share of the entire market revenues at the end of forecast period.
• By boom length, 25-35 metre segment is projected to remain dominant with a major revenue share contribution of over 43% in 2026. Despite a relatively lower CAGR over 2016-2026, this segment will be evaluated at around US$ 107 Mn in 2026.
• 35-50 metre segment will retain the second largest segment position with estimated revenue sales worth US$ 80 Mn in 2026, capturing over 31% share of the market value. This segment is expected to demonstrate the fastest growth at a CAGR of 5.6%.
• Based on country, GCC will continue its monopoly with over 60% value share by the end of forecast period, eventually approaching US$ 150 Mn by 2026 end.
• South Africa and Israel will be the next largest markets, whereas the rest of MEA and Turkey will witness higher growth rates of over 7%.

Market segmentation

To understand and assess opportunities in the Middle East and Africa rough terrain cranes market, we have divided the report into four sections based on market segmentation as under:

By Lifting Capacity

• Upto 25 Tonnes
• 25.1 to 50 Tonnes
• 50.1-75 Tonnes
• 75.1-100 Tonnes
• More than 100 Tonnes

By Boom Length

• Upto 25 meters
• 25.1-35 meters
• 35.1-50 meters
• More than 50 meters

By Sales Channel

• New Sales
• Equipment Rental

By Country

• GCC
• Israel
• Turkey
• South Africa
• Northern Africa
• Rest of Middle East and Africa

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MEA Rough Terrain Cranes Market – New Sales                    

This market, according to Future Market Insights, will account for the revenues of nearly US$ 142 Mn by 2026-end.

• By lifting capacity, 50-75T capacity segment is projected to attract the maximum revenues.
• 75-100T capacity segment is likely to account for over 28% market value share in 2026.
• > 100T capacity segment is predicted to witness the highest CAGR resulting in almost exponential growth in sales revenues over 2016-2026.
• In terms of boom length, 25-35 metre segment will continue to dominate through 2026, accounting for more than 43% value share.
• > 50 metre segment will be the fastest growing segment, exhibiting an impressive CAGR of 6.7%, resulting into twofold growth of the market over 2016-2026.
• Country-wise, GCC will retain dominance, followed by South Africa. While the former is foreseen to attract over US$ 81 Mn in terms of 2026 revenues, the latter will reach over US$ 20 Mn in 2026.
• GCC reaffirms the leading position with around 58% value share in 2026, whereas the rest of MEA, North Africa, and Turkey are expected to witness higher CAGRs over the assessment period.

Among the leading players in the MEA rough terrain cranes market, Terex Corporation is identified to hold the most prominent share of over 21% in terms of new sales. Other leading companies include The Manitowoc Company, Inc., Tadano Ltd., Zoomlion Heavy Industry Science And Technology Co., Ltd., Liebherr Group, Xuzhou Construction Machinery Group Co., Ltd., Sany Heavy Industry Co., Ltd., and KATO WORKS CO., LTD.

As per a study by FMI, the super absorbent polymer demand is expected to increase at a CAGR of 4.9% during the forecast period of 2021 to 2031. Increasing use in the production of medical and personal hygiene products will continue fuelling the demand for super absorbent polymers.

According to a study by FMI, the disposable diapers manufacturing sector will account for 76% sales in 2021. Regardless of the challenges posed by COVID-19 outbreak, the demand increased by 4.7% between 2020 and 2021. Spurred by this, the global super absorbent polymer market is expected to surpass US$9.18bn in 2021.

Rising popularity of adult incontinence and feminine hygiene products is driving sales of the super absorbent polymers. The market also will gain from the increasing awareness about hygiene and safety. Surge in sales is on cards as governments around the world adopt initiatives to spread awareness about the importance of maintaining proper hygiene amid COVID-19 outbreak.

While several other markets struggled to stay afloat during pandemic, super absorbent polymers sales continued to rise. The rising demand for medical and hygiene products will continue guaranteeing growth through the forecast period.

Rising prevalence of urinary incontinence also has compelled medical experts to focus on developing improved incontinence solutions. Numerous healthcare policies are therefore undertaken numerous government bodies to boost healthcare quality. This will present a conducive environment for overall growth of the market.

However, fluctuating price raw materials continues to threaten growth in the market.

“Key players in the global market are investing in the development of bio-based super absorbent polymers in order to keep pace with growing focus on sustainable production. This trend will continue through the forecast period to enable growth in the market in the coming years,” says the FMI analyst.

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Key Takeaways

• Sodium polyacrylate is the top-selling product and is expected to account for 64% of overall market in 2021. Its ability to absorb 800 times its weight, makes it a one of kind of super absorbent polymer.
• Diaper segment is expected to hold the dominant share 76% of the market in 2021 as it is.
• China is expected to account for 76% of the East Asia market during the forecast period as this country has the largest consumer base of personal hygiene products.
• The India market is expected to rise at 5.8% CAGR by the end of 2031 driven by the rising demand for baby care and feminine hygiene products.
• Japan will account for 16% of sales in super East Asia, driven by the rising demand for adult incontinence products. As according to World Bank statistics, one fourth of Japan’s population is over 60. This is indicative of conducive environment for super absorbent sales in the country.

Key Drivers

• The rising demand for feminine hygiene products due to increasing feminine literacy, menstruation knowledge, awareness about health and cleanliness, women empowerment, and growing female disposable income are expected to boost demand for super absorbent polymers.
• Super absorbent polymer are extensively used in agricultural sector to reduce water consumption and labor cost. It also acts as soil conditioner that helps in overcoming drought scarcity.
• The rising demand for hygiene and medical goods have fuelled prospects for super absorbent polymer sales growth during COVID-19 pandemic.

Key Restrains

• COVID-19 pandemic has caused manufacturing and transportation delays owing to travel restrictions. This has negatively impacted the market growth.
• Non-availability of raw materials in numerous regions and expensive cost of import will hamper market sales orld.

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Competitive Landscape

Companies operating in the super absorbent polymers market are investing in strategic partnerships and collaborations to expand their consumer base and regional presence.

For instance, in September 2019, LG Chem and Archer Daniels Midland Company entered into a joint agreement to develop bio-based acrylic acid used as a base material for manufacturing absorbent polymers.

Evonik Industries AG, in March 2017, launched FAVOR max range for ultra-thin baby diapers that is more absorbent and reliable. Hygiene product manufacturers can further improve product performance.

More Insights on the Super Absorbent Polymer Market

FMI provides an unbiased analysis of the super absorbent polymer market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the global super absorbent polymer market with a detailed segmentation on the basis of:

Product Type

• Sodium Polyacrylate
• Polyacrylamide Copolymer
• Others

Application Type

• Disposable diapers
• Adult Incontinence Products
• Feminine Hygiene Products
• Agriculture Products
• Others

 Region

• North America
• Latin America
• Europe
• South Asia & Pacific
• East Asia
• Middle East & Africa (MEA)

Key Questions Covered in the Super Absorbent Polymer Market Report 

• The report offers detailed insights into super absorbent polymer demand outlook for 2021-2031
• The market study also highlights projected sales growth for super absorbent polymer market between 2021 and 2031
• Super absorbent polymer market survey identifies key growth drivers, restraints, and other forces impacting prevailing trends, evaluation of current market size, and technological advancements within the industry
• Super absorbent polymer market share analysis of the key companies within the industry and coverage of strategies such as mergers & acquisitions, joint ventures, collaborations or partnerships, and others

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Future Market Insights (FMI), in its recent report titled, “Geocells Market: Global Industry Assessment and Forecast; 2015–2025,” projected global geocells market to exhibit CAGR of 8.8% during 2015 to 2025. Consumption of geocells is projected to reach 428.2 million square meter by 2025 reflecting a CAGR of 5.5% during the forecast period.

Geocells, also known as cellular confinement systems, are three dimensional mats resembling honeycomb structure usually made of high density polyethylene, polypropylene, polyester or other polymeric alloys. These are used in construction sector primarily for earth reinforcement, slope protection, channel protection, load support and tree root protection. Geocells are subset of geosynthetics market and are estimated to represent around 5.6% share in terms of volume consumption in overall geosynthetics market.

The report analyses the global geocells market in terms of market value (US$ Mn) and volume (Million Square Meter) by applications, region, and material type and provides information regarding market dynamics, value chain, competitive landscape, current trends, market estimations and forecast.

Infrastructure development activities, construction sector output and urbanisation trend are some of the macro-economic drivers of the market. Developed economies have formulated regulations concerning erosion control and sustainable infrastructure development. Such regulations and initiatives are identified as underlying driving factors of the market. On the flipside, low awareness of geocells amongst infrastructure developers in emerging economies and competition from substitute products, such as geogrids and geomembranes are identified as minor restraints in the global geocells market.

Browse Full: “Geocells Market: Global Industry Analysis and Opportunity Assessment 2015 – 2025” Market Research Report at http://www.futuremarketinsights.com/reports/details/geocells-market From regional perspective, North America and Asia Pacific represented prominent markets for geocells globally in 2014. In terms of market value, geocells market in developing countries is collectively projected to grow at CAGR of 10.2% while geocells market in developed countries is collectively projected to grow at CAGR of 7.4% during the forecast period. Asia Pacific region is expected to be the largest geocells market in terms of value by 2025, followed by North America, Western Europe, and other regions.

From materials perspective, high density polyethylene (HDPE) is extensively used across the globe for geocells manufacturing followed by polypropylene, polyester and other polymeric alloys. HDPE commanded around 68.6% share by value in 2014 and is projected to remain the largest market segment by 2025 with a share of around 64%. Prices for these materials are anticipated to increase over the forecast period owing to increasing energy costs, crude oil prices and complex manufacturing processes.
From application perspective, earth reinforcement, channel protection and slope protection are the prominent applications of geocells which constituted around 86% of market value in 2014 and are collectively projected to exhibit value CAGR of 8.8% over the forecast period. Other applications including load support and tree root protection are collectively projected to exhibit a value CAGR of 8.4% during the forecast period.

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Key market participants covered in the report, include Presto Geosystems, Polymer Group Inc., TMP Geosynthetics, Armtec Infrastructure Inc., Strata Systems Inc., PRS Mediterranean Ltd., Maccaferri S.p.A, ACE Geosynthetics, MiakomGroup of Companies, Wall Tag Pte Ltd., Tensar International Ltd., Tencate Geosynthetics, Admir Technologies, Polyfabrics Australia Pty Ltd., Bonar, ABG Geosynthetics, Huifeng Geosynthetics, SABK International, Wrekin Products, Ltd., CeTeau Group.

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Key Segments Covered

Application

• Slope Protection
• Earth Reinforcement
• Load Support
• Tree Root Protection
• Channel Protection

Material Type

• HDPE
• PP
• Polyester
• Other Polymeric Alloys

Region

• North America (US & Canada)
• Latin America (Brazil, Mexico & Rest of Latin America)
• Western Europe (Germany, UK, France, Italy, Spain & Rest of WE)
• Eastern Europe (Russia, Poland & Rest of Eastern Europe)
• APEJ (ASEAN, Australia & New Zealand, India, China & Rest of APEJ)
• Japan
• MEA (Northern Africa, Turkey, South Africa & Rest of MEA)

[231 Pages Report]  The ASEAN automotive aftermarket is forecast to expand at 8.7% CAGR, reaching a market valuation of US$ 21.05 Bn in 2021.

ASEAN Aftermarket Size (2020A)	US$ 19.53 Bn
Projected Market Value (2031F)	US$ 48.29 Bn
Value CAGR (2021-2031)	8.7%
Collective Value Share: Top 3 Countries (2020)	84.5%

As of 2020, sales in automotive aftermarket accounted for nearly 4.1% of global automotive parts aftermarket demand in ASEAN, which is expected to remain consistent over the forecast period.

In addition to this, Future Market Insights (FMI) has forecast Indonesia to remain a lucrative pockets, with sales growing at a 9.2% CAGR between 2021 and 2031.

The automotive aftermarket in ASEAN is reeling from the COVID-19 impact, however, recovery is likely to be more immediate compared to European and American counterparts, according to a latest study.

Future Market Insights (FMI), an ESOMAR-certified market research firm, in an updated edition of its report, revised the forecast to 8.7% CAGR. This revised forecast takes into account sluggishness induced by the global pandemic.

Key Takeaways of ASEAN Automotive Aftermarket Market Study

• The ASEAN automotive aftermarket market is expected to grow at 8.7% CAGR over the following decade
• Demand for automotive aftermarket services to surge from low commercial vehicles (LCV) segment
• Tires and batteries leading categories in terms of total sales

“Automotive manufacturers are increasingly relying on silicon anode batteries to power electric vehicles (EV), given their greater energy density and better battery life. As such, these batteries are gaining huge traction among OEMs,” says FMI analyst

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COVID-19 Impact on ASEAN Automotive Aftermarket Market

The growth of ASEAN automotive aftermarket market is linearly associated with the regional automotive industry. While the shockwaves of the COVID-19 pandemic are certainly felt across every sector, the automotive industry in ASEAN is potentially facing a significant grunt of it.

While the regional industry was already under pressure, especially in Indonesia and Thailand, acute supply chain disruptions due to COVID-19 outbreak in China is further worsening the situation.

Recent estimates reveal that the ASEAN automotive industry recorded a steep 42% decline in sales during January-May period in 2020. While Philippines topped the chart with 51.1% drop in sales, Malaysia and Indonesia registered 48.9% and 41.2% sales drop respectively. The ASEAN automotive aftermarket market, in turn, is stumbling from these reverberations.

Self-inflating Tires for Better Efficacy in Existing and Futuristic Cars

Over or under-inflated tires diminish fuel efficiency and range for conventional and electric vehicles (EV). As such, companies such as Continental AG have developed self-inflating tire concept that maintains pressure at preferred levels. The technology – C.A.R.E (Connected Autonomous Reliable Electrified) – is closely aligned with the requirements of e-mobility and autonomous driving.

The tires feature in-built pumps attached in the wheels that ensure the tire pressure remains in optimal range for efficiency. This technology is expected to help reduce CO2 emissions as well as slight improvement in average fuel economy. Majority of vehicle owners are focusing on leveraging self-inflating tires concept in a bid to avoid unnecessary maintenance expenses.

ASEAN Automotive Aftermarket Market – Competitive Intelligence

The ASEAN automotive aftermarket market is fairly competitive with, leading players capturing around 30% of the overall market value.

Most of the automotive aftermarket repair service providers in ASEAN countries fail to facilitate customers with a wide range of maintenance and repair services. Consequently, shop owners are focusing on offering specific services, or expanding their service radar. Moreover, small-scale players are forming partnerships with fleet operators and leasing firms to provide optimum maintenance and replacement services at cost-effective prices.

Find More Valuable Insights on ASEAN Automotive Aftermarket Market:

FMI, in its new market research study, delivers an unbiased analysis of the ASEAN automotive aftermarket market which comprises global industry analysis for 2015–2019 and opportunity assessment for the 2020–2030. The report provides complete analysis on ASEAN automotive aftermarket market through three different categories – by category, by vehicle type, and region. The global ASEAN automotive aftermarket market study offers insights of pricing by different life cycle analysis, product life cycle, key market trends and technologies that are being implemented in the development of the ASEAN automotive aftermarket and product adoption in various end-use industries.

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ASEAN Automotive Aftermarket Segmentation

To understand and assess opportunities in the ASEAN automotive aftermarket, we have divided the report into three sections based on market segmentation as under:

By Category

• Parts
  • Tires
  • Batteries
  • Filters
  • StartersandAlternators
  • Lighting
  • Exhaustcomponents
  • Sparkplugs
  • Lubricants
  • Collisionbody
  • Wear and Tear Parts
• Accessories
  • Interior
  • Exterior
• Services
  • General automotive repair
  • Automotive transmission and others

By Vehicle Type

• Passenger cars
• Commercial Vehicle

By Country

• Malaysia
• Indonesia
• Philippines
• Vietnam
• Singapore
• Thailand
• Rest of ASEAN

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ASEAN Automotive Aftermarket Market Outlook & Key Findings

• The ASEAN automotive aftermarket market is expected to click US$ 19.4 Bn in 2020
• Manufacturers to reap substantial revenues from automotive aftermarket parts through 2030
• Passenger cars continues to account for greater demand for automotive aftermarket services over the decade ahead
• Malaysia, Indonesia, and Thailand to collectively capture over 80% of overall market value

 

The membrane chemicals industry thrived on the growing demand from municipal, power, and food & beverages sectors in the past years, while the pandemic outbreak changed the scenario temporarily earlier in 2020. While decline in demand impacted the industry, recovery of food & beverages, chemicals, and other sectors has been key to excel for manufacturers and suppliers since the last quarter of 2020.

The latest revised edition of the ‘membrane chemicals’ market study published by the Future Market Insights (FMI) thoroughly analyze the global industry potential and growth scope. The report also provides detailed insights of new trends and demand-supply patterns across 20+ countries with special emphasis on the leading regions such as North America, Europe, and Asia Pacific during the forecast period of 2021 to 2031.

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Key Takeaways from Market Study

• The global membrane chemicals industry is forecast to grow at over 6% CAGR through 2031
• High requirement in wastewater treatment to fuel the sales of manufacturers
• Requirement for scale inhibitors to gain traction
• The United States remains the hotspot for industry players in North America
• Germany to lead in Europe membrane chemicals industry
• Asia Pacific to emerge fastest-growing industry for membrane chemicals
• China, Japan, Canada, the United Kingdom, India, Italy, and a few other countries to maintain positive industry outlook

“With the demand for scale inhibitors, dechlorinants, and biocides becoming prominent in filtering solids and other water impurities, industry players are subject to come across lucrative growth scope in the near future,” says an FMI analyst.

How is the Demand from Municipality Sector Boosting the Sales of Membrane Chemical Suppliers?

Various type of membrane chemicals such as coagulates, flocculants, PH adjusters, and scale inhibitors are extensively used in treating vast range of RO/UF/NF/MF membrane foulants and scalants. As a result, these are highly sought-after in municipality sector in order to provide with highly efficient water treatment solutions.

According to the report published by the European Commission (EC), in the Europe municipality sector, most dominant segment is the service one, which represents 60% of all economic activity. As per the report, the main aim of the municipality during the period of 2014 to 2020 was related to integrated sustainable development, increasing the standard of living through utilization of own resources, along with closer cooperation with European Union (EU) institutes. While such initiatives helped in strengthening municipality sector, it also signifies arrival of new opportunities for membrane chemical manufactures around the globe.

Who is Winning in this Space?

The global membrane chemicals industry offers cut-throat competition to key players. In order to sustain their leading positions, key players are focusing on both quality and quantity of their products.

For instance,

• Veolia Water recently launched its Point-of-Use Water Systems, Point-of-Use Laboratory Water Systems, Point-of-Use Water Purification Systems, and others by incorporating various membrane chemicals in order to target diverse end-use industries
• GE Water and Process Technologies launched its new ZeeWeed Hollow-Fiber Membranes, LEAP MBR, and others during the last 5 years

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More Valuable Insights

In its latest report, FMI offers an unbiased analysis of the membrane chemicals market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of product type (scale inhibitors, coagulants & flocculants, biocides, PH adjusters, dechlorinants, and other membrane chemicals), and end use sector (municipality, power, food and beverage, desalination, paper & pulp), across seven major regions of the world (North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA).

The global coated fabrics market is set to be valued at US$ 19,976.7 Mn in 2021, with a stable long-term projection, according to latest insights from Future Market Insights, an ESOMAR-certified research and consulting firm. The report forecasts the global coated fabrics market to grow at nearly 5.1% CAGR during 2021-2031. The report offers analysis in 20+ high-growth markets, providing detailed insights on Coated Fabrics growth will evolve in the next decade.

In its new study, ESOMAR-certified market research and consulting firm, Future Market Insights (Future Market Insights), offers insights about key factors fueling the demand for Coated Fabrics. The report tracks the global sales of Coated Fabrics in high-growth markets, along with analyzing the impact COVID-19 has had on the motor industry in general, and Coated Fabrics in particular.

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Demand for coated fabrics waned in 2020, and due to the economic impact of the unprecedented COVID-19 crisis. However, the manufacturing industry is currently in recovery mode. Considering the possibility of a stimulus in many countries, the long-term outlook on the market remains positive. Rising application in the transportation segment will continue supporting growth. According to FMI, above 34% of sales in terms of application will concentrate in this sector.

This growth is projected to continue over the next years due to increase in the population around the globe and use of coated fabric in day to day life for various activities. Considering this, increase in population and other activities will create scope for application, encouraging growth in the coming years.

Upsurge in demand for protection clothing and safety measures in the transportation in recent years is expected to provide an impetus to coated fabrics sales. Safety and high demand for various purposes of coated fabrics is expected to create substantial growth prospects. Leading players are enhancing their territories. However, contract acquisitions, collaborations and partnerships are some of the key strategies which will drive market players to strengthen their market presence and to gain market share” says FMI analyst.

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The COVID-19 pandemic is currently impacting the global economy at various levels and the impact is seen on coated fabrics market as well.  The market growth is projected to be affected by the COVID-19 pandemic crisis and it is expected to witness a significant drop in demand in 2021. With a number of end-use industries affected in several countries, the growth has also been impacted due to challenges in manufacturing sector. The shortage in demand are expected to result in a significant drop in Y-O-Y growth yet FMI expects Coated Fabrics to grow at 5.1% CAGR through 2031.

Key Takeaways

• China, Japan, South Korea and ASEAN countries are witnessing high demand for coated fabric
• China being the largest market in the world, is also expected to hold highest share in the coated fabrics due to presence of strong local base and extensive production facilities and availability of raw materials
• The U.S. emerges as a leading market, accounting for over 84% sales in North America.
• Increasing automotive sales will support growth in the U.K., enabling it to exhibit 5.6% y-o-y growth in 2021
• Germany and France too will record high growth, driven by increasing focus on workplace safety

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Competitive Landscape

The market is moderately consolidated, with key players accounting for significant market share. Some of the key players in the market are Saint Gobain S.A, Bayer AG, PPG Industries, 3M Company, among others. These players are likely to invest in new technologies, especially customized variants, to maintain their market share.

Coated fabrics market is likely to grow at a moderate pace during 2021-2031. However, as it is a matured market, companies are expected to concentrate further on research and development activities to develop specific purpose that meet personalized requirements of end users. Collaboration with regional manufacturers is framed as a prime strategy expected magnify in the forecast.