Textile Coatings Market 2024 | Analysis, Regional Outlook, Current Trends, Market Share & Forecast To 2033
The Textile Coatings Global Market
Report 2024 by The Business Research Company provides market overview across
60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern
Europe, North America, South America, the Middle East, and Africa, encompassing
27 major global industries. The report presents a comprehensive analysis over a
ten-year historic period (2010-2021) and extends its insights into a ten-year
forecast period (2023-2033).
Learn More On The Textile
Coatings Market:
https://www.thebusinessresearchcompany.com/report/textile-coatings-global-market-report
According to The Business Research
Company’s Textile Coatings Global Market Report 2024, The textile coatings
market size has grown strongly in recent years. It will grow from $6.04 billion in 2023 to $6.4 billion in 2024 at a compound annual growth
rate (CAGR) of 6.0%. The growth in the historic period can be
attributed to demand from apparel industry, consumer preferences for
performance textiles, expansion of sportswear industry, focus on sustainable
textile practices, stringent regulations, consumer awareness of health and
safety..
The textile coatings market size
is expected to see strong growth in the next few years. It will grow to
$7.83 billion in 2028 at a compound
annual growth rate (CAGR) of 5.1%. The
growth in the forecast period can be attributed to rise in demand for smart
textiles, customization in textile coatings, expansion of home textiles market,
focus on green chemistry, demand for high-performance outdoor textiles,
influence of fast fashion trends.. Major trends in the forecast period include
expansion of technical textiles in construction, advancements in
nanotechnology, digital printing and coating technologies, coatings for
technical textiles, collaborations in research and development..
The growing clothing industry is
expected to propel the growth of the textile coating market going forward. The
clothing industry refers to the manufacturing of textile-based clothes and
apparel. The textile coatings offer material layers that cling to the textile
structures. A typical textile coating formulation often includes a polymeric
binder(s) and other additives (such as colorants, adhesion promoters, biocide,
plasticizers, etc.) that are applied to a textile fabric using a spreading
process as a solution, dispersion, paste, or in a similar manner. For instance,
the output of U.S. textile manufacturing (measured by value added) totaled
$16.59 billion in 2021. Additionally, in May 2023, according to Textile World,
a US-based magazine that covers the textile industry, in 2022, textile, and
apparel exports in the US totaled $34 billion, which is up from $28.4 billion
in 2021Therefore, the growing clothing sector is expected to drive the textile
coating market.
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The textile coatings market
covered in this report is segmented –
1) By Type: Thermoplastics,
Thermosets, Other Types
2) By Coating Method:
Direct Coating, Direct Roll Coating, Pad-Dry-Cure Coating, Foamed And Crushed
Foam Coating, Hot Melt Extrusion Coating, Calender Coating, Other Coating Types
3) By Technology: Dot
Textile Coating Technology, Full Surface Textile Coating Technology
4) By End-User: Clothing,
Transportation, Construction, Home Furnishing, Healthcare
Top Major Players
Covestro AG
The Lubrizol Corporation
Huntsman International LLC
Solvay SA
Clariant AG
Major companies operating in the
textile coatings market are focusing on innovating products, such as G-Heatex,
to provide reliable services to customers. G-Heatex is a line of
graphene-coated textiles that provides strong and homogeneous heat with soft,
flexible, breathable, and ultra-lightweight features. For instance, in November
2021, Grafren AB, a Swedish company that operates in nanotechnology, launched
G-Heatex. G-Heatex is a conductive fabric that is made of fibers coated with
the thinnest flakes of graphene. G-Heatex is used in the military, aerospace,
healthcare, mobility, and automotive industries.
The textile coatings market
report table of contents includes:
1. Executive Summary
2. Textile Coatings Market Characteristics
3. Textile Coatings Market Trends And Strategies
4. Textile Coatings Market - Macro Economic Scenario
5. Global Textile Coatings Market Size and Growth
..........................
31. Global Textile Coatings Market Competitive Benchmarking
32. Global Textile Coatings Market Competitive Dashboard
33. Key Mergers And Acquisitions
In The Textile Coatings Market
34. Textile Coatings Market Future Outlook and Potential Analysis
35. Appendix
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