Top Trends Shaping the Future of the Engineered Coated Fabrics Market
The engineered coated fabrics market was estimated at USD 712.7 million in 2018 and is likely to grow at a CAGR of 4.4% during 2019-2024 to reach USD 923.6 million in 2024.
Engineered coated fabrics refer to a type of fabric that is highly technically coated with a polymer to improve performance. These fabrics are used in a wide array of industries including automotive, aerospace and defense, marine, and oil and gas. Some of the key applications are aerostats, evacuation slides, seals and gaskets, fuel storage, and health & medical accessories such as wound retractors, etc.