Product Code: ETC039008 | Publication Date: Jul 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Singapore Coated Fabrics market currently, in 2023, has witnessed an HHI of 2249, Which has decreased slightly as compared to the HHI of 2289 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Singapore Coated Fabrics Market is expected to grow at a CAGR of 5.6% from 2020 to 2026, due to rising demand for high performance fabrics from industries such as automotive, construction and apparel. The market is driven by the rapid expansion in end user industries, increasing awareness among consumers about its advantages and environmental sustainability benefits offered by coated fabrics. Moreover, availability of technologically advanced materials suitable for various applications provides additional opportunity for growth of this market.
Increasing Demand From End User Industries: Growing demand from key end-user industries such as automotive, construction and apparel has been driving the Singapore coated fabric market growth significantly over the past few years. Increased usage of waterproof coatings on synthetic fibers used in automotive industry helps protect against dust or dirt & maintains the car`s exterior finish while providing improved aesthetic appeal which is boosting their adoption across multiple industries thereby fueling this trend further.Technological Advancement & Product Innovations : The emergence of new generations technology such as nanotechnology-enabled coating materials enables manufacturers to develop superior products that can be customized according to customer requirements which are helping drive up revenues in this sector.Additionally, product innovations have also helped improve performance characteristics with higher durability, better protection against harsh weather conditions & improved resistance against abrasion which are some factors creating favorable opportunities for growth prospects.
High Costs Associated With Coating Materials : High costs associated with coating materials remains a major challenge faced by players operating within this space.This makes it difficult for them to offer competitive rates despite offering quality solutions making it difficult for them gain traction in already established markets dominated by branded players.
Some prominent players operating within Singapore Coated Fabric Market includes Texchem Group, Birla Century Textiles Ltd., Indorama Ventures Public Company Limited, Toray Industries Inc., Taekwang Industrial Co., Ltd.
The COVID-19 pandemic has had an adverse effect on the Singapore coated fabrics market due largely negative impacts on global economic activity resulting from lockdowns imposed worldwide during start 2020 meant companies were unable understand how long it will take before things return back normal again making current situation highly uncertain leading many companies delay projects or cancel existing orders altogether causing disruptions throughout entire supply chain network hurting prices drastically.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Singapore Coated Fabrics Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Coated Fabrics Market Revenues & Volume, 2020 & 2030F |
3.3 Singapore Coated Fabrics Market - Industry Life Cycle |
3.4 Singapore Coated Fabrics Market - Porter's Five Forces |
3.5 Singapore Coated Fabrics Market Revenues & Volume Share, By Product, 2020 & 2030F |
3.6 Singapore Coated Fabrics Market Revenues & Volume Share, By Applications, 2020 & 2030F |
4 Singapore Coated Fabrics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Singapore Coated Fabrics Market Trends |
6 Singapore Coated Fabrics Market, By Types |
6.1 Singapore Coated Fabrics Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Singapore Coated Fabrics Market Revenues & Volume, By Product, 2020-2030F |
6.1.3 Singapore Coated Fabrics Market Revenues & Volume, By Polymer-coated Fabric, 2020-2030F |
6.1.4 Singapore Coated Fabrics Market Revenues & Volume, By Rubber-coated Fabric, 2020-2030F |
6.1.5 Singapore Coated Fabrics Market Revenues & Volume, By Fabric-backed Wall Coverings, 2020-2030F |
6.2 Singapore Coated Fabrics Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Singapore Coated Fabrics Market Revenues & Volume, By Transportation, 2020-2030F |
6.2.3 Singapore Coated Fabrics Market Revenues & Volume, By Protective Clothing, 2020-2030F |
6.2.4 Singapore Coated Fabrics Market Revenues & Volume, By Industrial, 2020-2030F |
6.2.5 Singapore Coated Fabrics Market Revenues & Volume, By Roofing, Awnings & Canopies, 2020-2030F |
6.2.6 Singapore Coated Fabrics Market Revenues & Volume, By Furniture & Seating, 2020-2030F |
6.2.7 Singapore Coated Fabrics Market Revenues & Volume, By Others, 2020-2030F |
7 Singapore Coated Fabrics Market Import-Export Trade Statistics |
7.1 Singapore Coated Fabrics Market Export to Major Countries |
7.2 Singapore Coated Fabrics Market Imports from Major Countries |
8 Singapore Coated Fabrics Market Key Performance Indicators |
9 Singapore Coated Fabrics Market - Opportunity Assessment |
9.1 Singapore Coated Fabrics Market Opportunity Assessment, By Product, 2020 & 2030F |
9.2 Singapore Coated Fabrics Market Opportunity Assessment, By Applications, 2020 & 2030F |
10 Singapore Coated Fabrics Market - Competitive Landscape |
10.1 Singapore Coated Fabrics Market Revenue Share, By Companies, 2023 |
10.2 Singapore Coated Fabrics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |