The report Textile Coatings market (by Material (Thermoplastics (Polyvinyl Chloride, Acrylic, Polyurethane),Thermosets (Natural Rubber, Styrene Butadiene Rubber ))by Technology (Traditional, Advanced (Plasma Coating, Magnetron Sputtering))-by Application (Transportation, Building & Construction, Protective Clothing, Industrial, Medical, Sports, Agriculture, Packaging)-by Geography(North America, Europe, Asia-Pacific, Middle East & Africa, Latin America)- is expected to reach US$ 7.2 Bn in 2024 at CAGR of 4.2%.
Textile coatings are coatings that are used to coat various textiles, fabrics and thread to protect them from heat, dust, soil, water, oil, grease, etc. Textile coating produces a new structure which acquires best properties of substrate and the coating product. The coating shelters the textiles and yarns from any sort of damage and helps keeping it durable.
The textile coatings on the leather make it more rigid and durable.Few textile coating materials like isocyanides and PVC are considered as harmful and poisonous for the human health and environment. The growth of the clothing industry across the globe is expected to fuel the demand for the textile coatings during the forecast period.
The textile coating market is being driven by the increase in quality and performance standards in end use industries such as increase in performance requirements, increase in fire safety regulations, and increase in quality standards in apparels industry. Rise in demand for waterproof, high quality, and heat resistant fabrics are the factors that are expected to drive the textile coatings market. Introduction of the nanotechnology in coating fibres is anticipated to open up new growth opportunities in the textile coating industry.
Thermoplastic products are cheaper and efficient, therefore they have high demand in the market in 2017
In terms of material, Thermoplastic products are cheaper and efficient, therefore they have high demand in the market in 2017, and thermoplastics dominated the textile coatings market. Due to various superior properties of thermoplastics, such as their lightweight nature, excellent insulating nature etc. they are widely used a coating material. They are generally used as hot-melt adhesives and can be welded by heat.
Thermosets segment held a lower share in the market in comparison to thermoplastics segment across the globe.
Advances techniques are among most widely used techniques with advantages over counterparts as robust design
In terms of technology, Advances techniques are among most widely used techniques with advantages over counterparts as robust design, large scale production and generation of anti-corrosion layer. Moreover, ALD techniques are widely used to create anti-microbial coating used in electrodes and medical applications.
Transportation application comprises for manufacturing automotive upholstery, airbag fabrics and tarpaulins
In terms of application, Transportation application comprises for manufacturing automotive upholstery, airbag fabrics and tarpaulins. Increasing regulations regarding driver’s safety along with advancement in technology for avoiding accidents is expected to drive the overall industry growth.
Asia Pacific is the dominating region in the global textile coatings market in the forecasting period
In terms of region, Asia Pacific is the dominating region in the global textile coatings market. Growing industrial and manufacturing sector in the Asia Pacific region positively enhances the market. Europe also accounted for a considerable market share in the global textile coatings market. North America is relied upon to witness development in oil and gas and manufacturing industry because of the recent discoveries of shale gas and shale oil in the U.S.
This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading manufacturers such as Clariant AG, The Dow Chemical Company, Covestro AG, BASF SE, and Huntsman International LLC., Lubrizol Corporation, Omnova Solutions Inc., Solvay SA, Sumitomo Chemical Company, and Tanatex B.V.
Maximize market research, a global market research firm with dedicated team of specialists and data has carried out extensive research about the textile coatings market. Report encompasses the market by different segments and region, providing the in-depth analysis of overall industry ecosystem, useful for taking informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the textile coatings market. The driving forces as well as considerable restraints have been explained in depth. In addition to this, competitive landscape describing about the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain textile coatings market positioning of competitors.
Browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on https://www.maximizemarketresearch.com/market-report/textile-coatings-market/11890/
Early buyers will receive 10% customization on reports.
Contact:
MAXIMIZE MARKET RESEARCH PVT. LTD.
Omkar Heights,
Manik Baug, Vadgaon Bk,
Sinhagad Road, Pune – 411051, Maharashtra, India.
+91 96071 95908/ 20 6630 3320