Textile Coating Market Analysis 2023: Industry Technology (Dot Coating Technology, Full Surface Coating Technology) and Business Growth By 2028
What is the Future Market Value for the Textile Coating ? :
IMARC Group’s latest research report, titled
“Textile Coating Market: Global Industry Trends, Share, Size, Growth,
Opportunity and Forecast 2023-2028,” offers a comprehensive analysis of the
industry, which comprises insights on the textile coating market share. The report also
includes competitor and regional analysis, and contemporary advancements in the
market. the global textile coating market size reached US$ 3.7 Billion in 2022.
Looking forward, IMARC Group expects the market to reach US$ 4.5 Billion by
2028, exhibiting a growth rate (CAGR) of 3.45% during 2023-2028.
Textile Coating Manufacture:
Textile coating refers to the procedure
of depositing various chemicals and resins either on one or both sides of a
material substrate. These compounds are usually added to enhance the physical
properties of the fabric, such as resistance to water, abrasion, fire, soil,
and stains, along with heat stability and breathability. Common types of
textile coatings contain thermoplastics, such as polyurethane, acrylics,
polyvinyl chloride, and thermosets, including styrene-butadiene, nitrite,
natural, and butyl rubber. They are primarily used in the manufacturing of
conveyor belts, barrier materials, airbags, hospital equipment, and protective
clothing and find extensive applications across sectors, such as aerospace,
transportation, construction, and medical.
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Textile Coating Market Development and Advanced Coating Technology:
The escalating demand for waterproof,
premium quality, and heat-resistant fabrics for the manufacturing of faux
leather, packaging, and sports clothing products is among the primary factors
driving the textile coating market. Besides this, the increasing industrial
quality standards and necessities, the emerging trend of industrialization, and
the elevating requirement for geotextiles across the globe are further
augmenting the market growth. Moreover, various technological innovations,
including the development of advanced coating technologies, such as spray
coating, nanoscale, and plasma, that provide anti-bacterial and self-healing
properties to the polymers are also catalyzing the global market.
Apart from
this, the replacement of PVC variants with polyurethanes by the leading players
for the production of coatings, owing to the rising environmental
consciousness, is acting as another significant growth-inducing factor.
Furthermore, this process improves the durability and functionality of the
fabric while offering enhanced breathability, which is anticipated to propel
the textile coating market over the forecasted period.
Key Players Included in
Global Textile Coating Market Research Report:
- BASF SE
- Covestro AG
- Clariant International Ltd
- Tanatex Chemicals B.V
- The Lubrizol Corporation
- Solvay
- Huntsman International LLC
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Key Market Segmentation:
Breakup by Type:
- Thermoplastics
- Polyvinyl Chloride
- Polyurethane
- Acrylic
- Others
- Thermosets
- Natural Rubber
- Styrene Butadiene Rubber
- Others
Breakup by Application:
- Clothing
- Transportation
- Medical
- Construction
- Others
Breakup by Technology:
- Dot Coating Technology
- Full Surface Coating Technology
Breakup by Coating Method:
- Traditional
- Evaporation
- Sputtering
- Plasma Spray
- Others
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea,
Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar,
Iraq, Other)
Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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