Press release
Textile Coatings Market Growth Opportunity Assessment 2017-2027: Covestro AG., Huntsman Internaional LLC, Solvay SA, BASF SE., Clariant AG, Omnova Solutions Inc
The process of depositing a resin over a textile substrate either on one or two sides is known as textile coating. Textile coating produces a new structure which acquires best properties of substrate and the coating product. One of the most common method used for textile coatings is direst coating in which one or more several layers of PVC, acrylic resins, polyurethane etc. are applied over the textile substrate suing a scraper, cylinder, knife etc.
Textile Coatings Market: Drivers and Restraints
The global textile coating market is being driven by the increasing quality and performance standards in end use industries such as increasing performance requirements, increasing fire safety regulations, and increasing quality standards in apparels industry. In addition to this, introduction of new innovative technologies or products are expected to open new markets for textile coatings. Threats from bio based alternatives and some environmental concerns related to textile coatings of PVC material are the major restraints for the textile coatings market. Few textile coating materials like isocyanides and PVC are considered as harmful and poisonous for the human health and environment. Polyurethanes is being accepted by most of the manufacturers from the developed countries as potential replacement for PVC.
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Transportation is estimated to contribute highest share among the all end use industries segments. Increasing demand for advanced automotive interiors and need for superior vehicles is anticipated to support the dominance of this segment over the forecast period.
Textile Coatings Market: Segmentation
On the basis of Type,
Thermoplastics
Polyvinyl Chloride
Polyurethane
Acrylics
Others (Polyolefins, Nylons, EVA, and so on)
Thermosets
Styrene-butadiene Rubber
Natural Rubber
Others (Nitrile Rubber, Butyl Rubber, and so on)
Others (Silicone, Fluoropolymers)
On the basis of End Use industry,
Transportation
Airbag Fabrics
Automotive Upholstery
Others
Building & Construction
Hoardings and Signage
Scaffolding Nets
Canopies and Awnings
Architectural Membranes
Others
Protective Clothing
Ballistic Protective Clothing
NBC Suits
Chemical Protection Clothing
Industrial
Fabric Filters
Others
Medical
Extracorporeal Devices
Implantable & Non-implantable Devices
Others
Sports/Leisure
Packaging
Agriculture
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Textile Coatings Market: Region Wise Outlook
The global textile coatings Market is segmented into the seven key regions: North America, Latin America, Western Europe, and Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and Middle East and Africa (MEA). APEJ and Japan together leads the global textile coatings Market in terms of demand, followed by North America and Western Europe. The rising demand for protective clothing, building & construction, transportation, medical, and industrial application because of the increasing performance and quality standards in APEJ region is anticipated to drive the textile coatings market in this region.
Textile Coatings Market: Key Players
Covestro AG.
Huntsman Internaional LLC
Solvay SA
BASF SE.
Clariant AG
Omnova Solutions Inc
Sumitomo Chemical Company
The Lubrizol Corporation
Formulated Polymer Products Ltd
Tanatex Chemicals
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, technology and applications.
The report covers exhaustive analysis on:
Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Regional analysis includes
North America (U.S., Canada)
Latin America (Brazil, Mexico, Rest Of Latin America)
Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
Eastern Europe (Poland, Russia, Rest Of Eastern Europe)
Asia Pacific Excluding Japan (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC countries, S. Africa, N. Africa, Rest Of MEA)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Report Highlights:
Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint.
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