Textile Coating Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Description
Textile Coating Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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 refers to the process of depositing various chemicals and resins either on one or both sides of a textile substrate. These compounds are usually added to enhance the physical properties of the textile, such as resistance to fire, water, abrasion, soil and stains, along with heat stability and breathability. Some of the most common types of textile coatings include thermoplastics, such as polyvinyl chloride, polyurethane and acrylics, and thermosets, such as styrene-butadiene, natural, nitrite and butyl rubber. They are primarily used in the manufacturing of airbags, conveyor belts, barrier materials, hospital equipment and protective clothing and find extensive applications across the aerospace, transportation, construction and medical industries.
Rapid industrialization and increasing demand for geotextiles across the globe are among the key factors driving the growth of the market. In line with this, there is a widespread adoption of waterproof, premium quality and heat-resistant fabrics for the manufacturing of faux leather, packaging and sports clothing products. Increasing industrial quality standards and requirements are further contributing to the adoption of textile coatings. Various technological innovations, including the development of advanced coating technologies, such as spray coating, nanoscale and plasma technologies, are also contributing to the market growth. These coatings provide anti-bacterial and self-healing properties to the polymers, which is resulting in the increasing utilization of the process across industries. Other factors, including its extensive application for the manufacturing of home furnishings, medical equipment and agricultural products, along with significant growth in the textile industry, are projected to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global textile coating market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, application, technology and coating method.
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
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being BASF SE, Covestro AG, Clariant International Ltd, Tanatex Chemicals B.V., The Lubrizol Corporation, Solvay, Huntsman International LLC, etc.
Key Questions Answered in This Report:
How has the global textile coating market performed so far and how will it perform in the coming years?
What are the key regional markets?
What has been the impact of COVID-19 on the global textile coating market?
What is the breakup of the market based on the type?
What is the breakup of the market based on the application?
What is the breakup of the market based on the technology?
What is the breakup of the market based on the coating method?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global textile coating market and who are the key players?
What is the degree of competition in the industry?
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 refers to the process of depositing various chemicals and resins either on one or both sides of a textile substrate. These compounds are usually added to enhance the physical properties of the textile, such as resistance to fire, water, abrasion, soil and stains, along with heat stability and breathability. Some of the most common types of textile coatings include thermoplastics, such as polyvinyl chloride, polyurethane and acrylics, and thermosets, such as styrene-butadiene, natural, nitrite and butyl rubber. They are primarily used in the manufacturing of airbags, conveyor belts, barrier materials, hospital equipment and protective clothing and find extensive applications across the aerospace, transportation, construction and medical industries.
Rapid industrialization and increasing demand for geotextiles across the globe are among the key factors driving the growth of the market. In line with this, there is a widespread adoption of waterproof, premium quality and heat-resistant fabrics for the manufacturing of faux leather, packaging and sports clothing products. Increasing industrial quality standards and requirements are further contributing to the adoption of textile coatings. Various technological innovations, including the development of advanced coating technologies, such as spray coating, nanoscale and plasma technologies, are also contributing to the market growth. These coatings provide anti-bacterial and self-healing properties to the polymers, which is resulting in the increasing utilization of the process across industries. Other factors, including its extensive application for the manufacturing of home furnishings, medical equipment and agricultural products, along with significant growth in the textile industry, are projected to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global textile coating market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, application, technology and coating method.
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
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being BASF SE, Covestro AG, Clariant International Ltd, Tanatex Chemicals B.V., The Lubrizol Corporation, Solvay, Huntsman International LLC, etc.
Key Questions Answered in This Report:
How has the global textile coating market performed so far and how will it perform in the coming years?
What are the key regional markets?
What has been the impact of COVID-19 on the global textile coating market?
What is the breakup of the market based on the type?
What is the breakup of the market based on the application?
What is the breakup of the market based on the technology?
What is the breakup of the market based on the coating method?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global textile coating market and who are the key players?
What is the degree of competition in the industry?
Table of Contents
143 Pages
- 1 Preface
- 2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
- 3 Executive Summary
- 4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
- 5 Global Textile Coating Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
- 6 Market Breakup by Type
- 6.1 Thermoplastics
- 6.1.1 Market Trends
- 6.1.2 Major Types
- 6.1.2.1 Polyvinyl Chloride
- 6.1.2.2 Polyurethane
- 6.1.2.3 Acrylic
- 6.1.2.4 Others
- 6.1.3 Market Forecast
- 6.2 Thermosets
- 6.2.1 Market Trends
- 6.2.2 Major Types
- 6.2.2.1 Natural Rubber
- 6.2.2.2 Styrene Butadiene Rubber
- 6.2.2.3 Others
- 6.2.3 Market Forecast
- 7 Market Breakup by Application
- 7.1 Clothing
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Transportation
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Medical
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Construction
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Others
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
- 8 Market Breakup by Technology
- 8.1 Dot Coating Technology
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Full Surface Coating Technology
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 9 Market Breakup by Coating Method
- 9.1 Traditional
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Evaporation
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Sputtering
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Plasma Spray
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
- 9.5 Others
- 9.5.1 Market Trends
- 9.5.2 Market Forecast
- 10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.2 Asia Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
- 11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
- 12 Value Chain Analysis
- 13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
- 14 Price Indicators
- 15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 BASF SE
- 15.3.1.1 Company Overview
- 15.3.1.2 Product Portfolio
- 15.3.1.3 Financials
- 15.3.1.4 SWOT Analysis
- 15.3.2 Covestro AG
- 15.3.2.1 Company Overview
- 15.3.2.2 Product Portfolio
- 15.3.2.3 Financials
- 15.3.2.4 SWOT Analysis
- 15.3.3 Clariant International Ltd
- 15.3.3.1 Company Overview
- 15.3.3.2 Product Portfolio
- 15.3.3.3 Financials
- 15.3.4 Tanatex Chemicals B.V.
- 15.3.4.1 Company Overview
- 15.3.4.2 Product Portfolio
- 15.3.4.3 Financials
- 15.3.5 The Lubrizol Corporation
- 15.3.5.1 Company Overview
- 15.3.5.2 Product Portfolio
- 15.3.5.3 SWOT Analysis
- 15.3.6 Solvay
- 15.3.6.1 Company Overview
- 15.3.6.2 Product Portfolio
- 15.3.6.3 Financials
- 15.3.6.4 SWOT Analysis
- 15.3.7 Huntsman International LLC
- 15.3.7.1 Company Overview
- 15.3.7.2 Product Portfolio
- 15.3.7.3 Financials
- 15.3.7.4 SWOT Analysis
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