Textile Coating Market 2020 Growth, Segmentation and Forecast Overview

The Global Textile Coating Market is projected to reach a value of over USD 8.09 billion by 2027 at a CAGR of around 3.0%.

Textile coating is the process of coating or depositing the resin over the fabric substrate for enhancing durability, retaining appearance, and aesthetic value of the textiles. Textiles are coated with precise resins for imparting excellent functional properties such as higher durability, better strength and more resistant to extreme temperature and environmental condition. These are extensively used across the construction, healthcare, clothing, transportation, and agriculture among other end-use industries.

TEXTILE COATING MARKET: Drivers & CHALLENGES

Market Driver:

Growing Demand for Technical Textiles

Technical textiles have gained higher popularity owing to functional characteristic over the aesthetic appeal, and are extensively used in the automotive, manufacturing, agriculture, construction and other end-use industries. Owing to functional properties such as higher durability, strength, low moisture absorption, these are widely selected over the conventional textile to outperform in the application areas. With growing demand for the technical textiles, the demand for the textile coating increases to enhance the durability and performance.

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Rise in Demand Fire and Explosion Proof Clothing

Fire accident through varied forms including flying sparks, chemicals, noise, sharp edges and many more is increasing across different industries, which is driving the demand for fire proof fabric. Strict laws and standards imposed by the regulatory authorities such as Occupational Safety and Health Administration, National Fire Protection Association towards maintaining worker’s safety across the manufacturing and industrial operations plays vital role in growth of the fire resistant textile coating. Growing industrialization in the emerging economies is favouring the demand for the explosion proof clothing.

Market Restraint:

Adverse Impact on Environmental and Human Health

Coating to the fabric material or substrate is often associated with the environmental degradation. The US Environmental Protection Agency determined that the textile coating activity is a source of Hazardous Air Pollutants (HAPs). In addition to this, textile coating chemicals contains compounds that are toxic and may lead to chronic medical condition when exposed. For instance, triclosan, a compound in the textile coating may result into liver and breathing disorder. Owing to this, the growth of the textile coating Market is expected to hinder the Market growth

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Textile coating Market: Key segments

By Resin, the Market is segmented into: Polyurethane, Acrylic, Polyvinyl Chloride (PVC), Polyvinylidene Chloride (PVDC), Silicone, Rubber, Flourochloro and Others
By Technology, the Market is segmented into: Direct Coating, Transfer Coating, Spray Coating, Extrusion Coating and Foamed Coating
By End-use Industry, the Market is segmented into: Healthcare, Clothing, Transportation, Construction and Others
By Region, the Market is segmented into: North America, South America, Europe, Asia-Pacific, Middle East & Africa and South America, with individual country-level analysis.

Textile coating Market: Report Scope

The report on the textile coating Market covers a deep dive analysis of historic, recent and current Market trends. Furthermore, Market share/ranking analysis of key players, Market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

List of the leading companies operating in the Textile Coating Market include:

Covestro AG (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
Dow
BASF SE
Lubrizol Corporation
Arkema Group
Huntsman International LLC
Clariant AG
Archroma
Sumito Chemical Company
Other Key Companies

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Textile coating Market: Report Segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research
Textile Coating Market, by Resin
Polyurethane
Acrylic
Polyvinyl Chloride (PVC)
Polyvinylidene Chloride (PVDC)
Silicone
Rubber
Flourochloro
Others

Textile Coating Market, by Technology

Direct Coating
Transfer Coating
Spray Coating
Extrusion Coating
Foamed Coating

Textile Coating Market, by End-use industry

Healthcare

Implants
Incontinence Products
Medical Equipment
Hygiene Products
Others

Clothing

Sportswear
Leisure Clothing
Protective Wear

Transportation

Airbag
Seats Covers
Carpets
Others

Construction

Others

Textile Coating Market by Region

Asia-Pacific (China, Japan, South Korea, India, Taiwan, Rest of Asia-Pacific)
North America (US, Canada, Mexico)
Europe (Germany, Russia, France, Italy, UK, Spain, The Netherlands, Rest of Europe)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)
South America (Brazil, Argentina, Rest of South America)

Key Questions answered by the report

What are the prominent developments affecting the Market worldwide and its growth?
What will be the impact of the developments in the Market on the industry and on the Market players in the future?
What are the evolving variations of the Market globally?
What are the evolving functions of the Market globally?
What are the prominent aspects that will affect Market growth globally during the study period?
Who are the key players operating in the Market across the globe?
How are the key players leveraging in the present Market scenario worldwide?

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