Textile Coatings Market
Global Textile Coatings Market Size, Share & Trends Analysis Report by Coating Type (PVC, PU, Acrylics, Rubber, and Others), and by Application (Clothing, Medical, Transportation, Construction, and Others) Forecast, 2021-2027 Update Available - Forecast 2024-2030
The global textile coatings market is projected to grow at a CAGR of 3.8% during the forecast period (2021-2027). The major aspect that drives the growth of the market includes the includes cohesive government regulations and trade agreements, increasing purchasing power of the consumers, rising adoption of automation, and growing industrialization. The textile industry is self-reliant with relatively small shares of imports for yarns, fabrics, and made-ups. However, the imports are increasing gradually. Manufacturing of textiles and apparels has the potential to remain a significant part of the economic growth.
Further, innovations in the existing products also aids the market growth, for an instance, the development of athleisure clothing and apparels. Consumer desire for comfort and style combined has sustained the growth of the athleisure movement for the last few years. Athleisure, which is heavily driven by millennials, but also appeals to all age groups, continued to be a top growing apparel segment. Innovative online shopping solutions, like try before buy services and buy online, pick up in-store, as well as more detailed product information, have also transformed the digital clothing buying space. Hence, this will create a significant market scope during the forecast period.
Segmental Outlook
The global textile coatings market is segmented on the basis of coating type and application. Based on the coating type, the market is segmented as PVC, PU, acrylics, rubber, and others. Based on the applications, the market is segmented as clothing, medical, transportation, construction, and others.
Textile Coatings for Clothing to Hold a Significant Share in the Global Textile
Amongst the application segment of the global textile coatings, the clothing segment is projected to hold the most lucrative share in the market. The segmental growth of the market is accredited to the growing production of various clothing types to meet the growing demand from the increasing population across the globe is significantly contributing to the market value of the clothing segment. Further, owing to the extensive expansion of the technical textiles industry around the globe also substantially contributes to the growth of the market during the forecast period. Technical textiles include textiles for medical textiles, geotextiles, agro-textiles, and protective clothing.
Global Textile Coatings Market, by Application 2020 (%)
Regional Outlook
The global textile coatings market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. The Asia-Pacific region is projected to hold a significant market share. China, India, Japan, and the Rest of the Asia-Pacific are the major economies primarily contributing to the growth of the Textile Coatings market in the region. The regional growth of the market is accredited to the high textile production in the economies such as China, India, Indonesia, South Korea, and Thailand. Further, China and India are among the largest exporters owing to their low cost and high labor availability, and strong material supply which is contributing significantly to the textile coating market in the region. Further, the North American region is also estimated to witness a significant value for the market, attributing to the presence of key players across the region.
Global Textile Coatings Market, by Region 2020 (%)
Market Players Outlook
The prominent players functioning in the global textile coatings market include Arkema Group, BASF SE, Clariant AG, Covestro AG, Formulated Polymer Products Ltd., Huntsman International LLC, Lubrizol Corp., Solvay SA, Sumitomo Chemical Co., and Tanatex Chemicals BV among others. These key manufacturers are adopting various strategies such as new product launches and approvals, merger and acquisition, partnerships and collaborations, and many others in order to thrive in a competitive environment.
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global textile coatings market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Competitive Dashboard
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Textile Coatings Market by Coating Type
5.1.1. PVC
5.1.2. PU
5.1.3. Acrylics
5.1.4. Rubber
5.1.5. Others
5.2. Global Textile Coatings Market by Application
5.2.1. Clothing
5.2.2. Medical
5.2.3. Transportation
5.2.4. Construction
5.2.5. Others
6. Regional Analysis
6.1. North America
6.1.1. US
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. ASEAN
6.3.5. South Korea
6.3.6. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Arkema Group
7.2. BASF SE
7.3. Clariant AG
7.4. Covestro AG
7.5. Formulated Polymer Products Ltd.
7.6. Huntsman International LLC
7.7. Lubrizol Corp.
7.8. Omnova Solutions Inc.
7.9. Solvay SA
7.10. Sumitomo Chemical Co.
7.11. Tanatex Chemicals BV
1. GLOBAL TEXTILE COATINGS MARKET RESEARCH AND ANALYSIS BY COATING TYPE, 2020-2027 ($ MILLION)
2. GLOBAL PVC TEXTILE COATING MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
3. GLOBAL PU TEXTILE COATING MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
4. GLOBAL ACRYLICS TEXTILE COATING MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
5. GLOBAL RUBBER TEXTILE COATING MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
6. GLOBAL OTHER TEXTILE COATING TYPES MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
7. GLOBAL TEXTILE COATINGS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
8. GLOBAL TEXTILE COATINGS FOR CLOTHING MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
9. GLOBAL TEXTILE COATINGS FOR MEDICAL MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
10. GLOBAL TEXTILE COATINGS FOR TRANSPORTATION MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
11. GLOBAL TEXTILE COATINGS FOR CONSTRUCTION MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
12. GLOBAL TEXTILE COATINGS FOR OTHERS APPLICATIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
13. GLOBAL TEXTILE COATINGS MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2020-2027 ($ MILLION)
14. NORTH AMERICAN TEXTILE COATINGS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
15. NORTH AMERICAN TEXTILE COATINGS MARKET RESEARCH AND ANALYSIS BY COATING TYPE, 2020-2027 ($ MILLION)
16. NORTH AMERICAN TEXTILE COATINGS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
17. EUROPEAN TEXTILE COATINGS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
18. EUROPEAN TEXTILE COATINGS MARKET RESEARCH AND ANALYSIS BY COATING TYPE, 2020-2027 ($ MILLION)
19. EUROPEAN TEXTILE COATINGS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
20. ASIA-PACIFIC TEXTILE COATINGS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
21. ASIA-PACIFIC TEXTILE COATINGS MARKET RESEARCH AND ANALYSIS BY COATING TYPE, 2020-2027 ($ MILLION)
22. ASIA-PACIFIC TEXTILE COATINGS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
23. REST OF THE WORLD TEXTILE COATINGS MARKET RESEARCH AND ANALYSIS BY COATING TYPE, 2020-2027 ($ MILLION)
24. REST OF THE WORLD TEXTILE COATINGS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
1. GLOBAL TEXTILE COATINGS MARKET SHARE BY COATING TYPE, 2020 VS 2027 (%)
2. GLOBAL TEXTILE COATINGS MARKET SHARE BY APPLICATION, 2020 VS 2027 (%)
3. GLOBAL TEXTILE COATINGS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
4. US TEXTILE COATINGS MARKET SIZE, 2020-2027 ($ MILLION)
5. CANADA TEXTILE COATINGS MARKET SIZE, 2020-2027 ($ MILLION)
6. UK TEXTILE COATINGS MARKET SIZE, 2020-2027 ($ MILLION)
7. FRANCE TEXTILE COATINGS MARKET SIZE, 2020-2027 ($ MILLION)
8. GERMANY TEXTILE COATINGS MARKET SIZE, 2020-2027 ($ MILLION)
9. ITALY TEXTILE COATINGS MARKET SIZE, 2020-2027 ($ MILLION)
10. SPAIN TEXTILE COATINGS MARKET SIZE, 2020-2027 ($ MILLION)
11. ROE TEXTILE COATINGS MARKET SIZE, 2020-2027 ($ MILLION)
12. INDIA TEXTILE COATINGS MARKET SIZE, 2020-2027 ($ MILLION)
13. CHINA TEXTILE COATINGS MARKET SIZE, 2020-2027 ($ MILLION)
14. JAPAN TEXTILE COATINGS MARKET SIZE, 2020-2027 ($ MILLION)
15. ASEAN TEXTILE COATINGS MARKET SIZE, 2020-2027 ($ MILLION)
16. SOUTH KOREA TEXTILE COATINGS MARKET SIZE, 2020-2027 ($ MILLION)
17. REST OF ASIA-PACIFIC TEXTILE COATINGS MARKET SIZE, 2020-2027 ($ MILLION)
18. REST OF THE WORLD TEXTILE COATINGS MARKET SIZE, 2020-2027 ($ MILLION)
