The global coated fabrics market is projected to grow from $21.6 billion in 2022 to $29.79 billion by 2030, at a CAGR of 4.1%. The growth of the market is driven by the increasing demand for coated fabrics in a variety of applications, such as protective clothing, furniture, roofing, and industrial applications.

Coated fabrics are treated with polymers and rubber to improve their properties, such as water resistance, UV resistance, and resistance to dirt and oil. These fabrics are also known for their durability, weather resistance, and corrosion resistance.

The growing emphasis on safety measures and stringent industry regulations is also driving the growth of the coated fabrics market. This is especially evident in sectors such as automotive, chemicals, and oil & gas.

In addition, the increasing demand for environmentally friendly materials is also boosting the growth of the market. Coated fabrics can be made from a variety of materials, including natural fibers (like cotton and hemp) and recycled materials (such as plastic bottles).

The market is also expected to benefit from the growing demand for fabrics with water-resistant and high-flame properties. This trend is expected to amplify the utilization of coated fabrics across various applications throughout the forecast period.