Press release
Demand for Polyurethane Thermoplastic-Based Textile Coatings Is Slated to Surpass US$ 5 billion by 2031
Award-winning consulting firm Fact.MR has published a new report on the global textile coatings market for the forecast period of 2021-2031. As per its analysis, the market is anticipated to surpass US$ 5 billion in revenue, expanding at a CAGR of approximately 4% across the aforementioned decade. Demand is majorly underpinned by extensive uptake in industrial clothing and medical hygiene.Click Here to Get Complete Synopsis of this Report https://www.factmr.com/report/textile-coatings-market
Historically, the market accrued impressive gains, and was valued at over US$ 3 billion in 2016. Application prospects are also broadening within the geotextiles segment, as the global construction industry increasingly demands materials that possess enhanced mechanical response, advanced filtration capacities, and high chemical resistance.
Markets in Asia Pacific are slated to exhibit maximum growth, attributed to increasing construction activities across such key countries such as China and India. These countries are augmenting their reliance on geotextiles so as to render their infrastructure development projects highly durable and long-lasting. It is projected that China, India, and the United States will collectively contribute nearly 60% of total construction output by 2030, thereby increasing demand for robust construction material.
Request a Sample of this Report https://www.factmr.com/connectus/sample?flag=S&rep_id=6090
Key Takeaways from the Market Study
By raw material, thermoplastics to reign supreme, generating over 80% of market revenue, with high preference for polyurethane
By end use, medical hygiene products to witness increased application of textile coatings
Demand for full textile coatings anticipated to surge over coming years
The market in the U.S. likely to surpass the billion dollar mark amid extensive uptake across industrial clothing and sports apparel sectors
Heavy investments in domestic apparel market to heighten demand across India
China to emerge as a heavyweight in textile coatings in Asia Pacific
Speak to Research Analyst https://www.factmr.com/connectus/sample?flag=AE&rep_id=6090
“Surging infrastructure development projects across emerging economies, particularly with respect to public transportation systems, is paving the way for incorporating robust construction material, widening demand for textile coatings,” remarks a Fact.MR analyst.
Competitive Landscape
BASF SE
Clariant AG
Covestro AG
Du Pont
Huntsman International LLC
Omnova Solutions Inc.
Solvay SA
Sumitomo Chemical Co. Ltd.
Tanatex Chemicals B.V.
The Lubrizol Corporation
Full Access of this Report https://www.factmr.com/checkout/6090
Covestro AG, a prominent functional textiles player, offers a broad range of high quality water-based polyurethane (PU) coatings to include superior elasticity, durability and water resistance. Its major brands include Dureflex®, Imprafix®, Impranil®, Impraperm® and Platilon®
In December 2020, Huntsman International announced an agreement to acquire Gabriel Performance Products for a sum of US$ 250 million. The objective of this move was to enable the company expand its specialty chemicals business portfolio, including textile coatings
More Insights on the Textile Coatings Market
Fact.MR, in its new offering, presents an unbiased analysis of the textile coatings market, presenting historical demand data (2016-2020) and forecast statistics for the period of 2021-2031.
The study divulges essential insights on the market on the basis of technology (dot coating technology and full surface coating technology), raw material (thermoplastics, thermosets, and others), and end use (geotextiles, upholstery fabric, industrial clothing, sports & leisure, medical hygiene, and others), across five major regions of the world (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa).
For More insights https://www.globalbankingandfinance.com/microbiome-cosmetic-products-has-augmented-the-growth-of-the-probiotic-cosmetics-products/
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email : sales@factmr.com
Website : https://www.factmr.com
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions.We have offices in US and Dublin, whereas our global headquarter is in Dubai.While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise.Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Demand for Polyurethane Thermoplastic-Based Textile Coatings Is Slated to Surpass US$ 5 billion by 2031 here
News-ID: 2336924 • Views: …
More Releases from Fact.MR
Bagless Vacuum Cleaners Market Is Predicted To Touch US$ 39.52 Billion By 2033: …
The global demand for bagless vacuum cleaners is forecasted to experience a compound annual growth rate (CAGR) of 8% from 2023 to 2033. Consequently, the market for bagless vacuum cleaners worldwide is anticipated to surge from a value of US$ 18.3 billion in 2023 to reach US$ 39.52 billion by the end of 2033.
The Bagless Vacuum Cleaner Industry sales study offers a comprehensive analysis on diverse features including production…
NFC Chips Are Predicted To Reach US$ 7.6 Billion At A CAGR Of 15% By 2033: Fact. …
The global NFC chip market is valued at US$ 1.9 billion in 2023 and is forecasted to surge at a CAGR of 15% to reach a market size of US$ 7.6 billion by the end of 2033.
The NFC Chip Industry sales study offers a comprehensive analysis on diverse features including production capacities, NFC Chip demand, product developments, sales revenue generation and NFC Chip market outlook across the globe.
market research…
Canned Beans Market Is Anticipated To Reach US$ 15 Billion By 2033: Fact.MR Repo …
The global canned beans market is valued at US$ 5.65 billion in 2023 and is projected to reach US$ 15 billion by the end of 2033, expanding at a high-value CAGR of 10.3% from 2023 to 2033.
The Canned Beans Industry sales study offers a comprehensive analysis on diverse features including production capacities, Canned Beans demand, product developments, sales revenue generation and Canned Beans market outlook across the globe.
market research…
Plasma Fractionation Market Projected to Reach US$ 65 Billion by 2032, With 7.3% …
The plasma fractionation market is projected to be valued US$ 32 billion in 2022. Moreover, growth is anticipated to pick up speed at a 7.3% CAGR over the assessment period of 2022-2032 and reach US$ 65 billion. The primary driver of the market's growth is the aging of the global population, which makes people more vulnerable to rare illnesses that call for the usage of blood derivatives.
Furthermore, it is anticipated…
More Releases for Unit
Glycol Dehydration Unit Market Glycol Dehydration Unit Market 2028
Persistence Market Research delivers key insights on the global glycol dehydration unit market, in its report titled, 'Glycol Dehydration Unit Market: Global Industry Analysis 2013-2017 and Forecast 2018-2028'. Over the forecast years, the global glycol dehydration unit market is expected to show a positive outlook.
The market value is expected to increase at a healthy pace over the forecast period. Based on the glycol type segment, the triethylene glycol segment is…
Biodiesel Processing Unit
While reserves of petroleum are decreasing every passing day, energy consumption is increasing at 6.5% per annum. And for solving this issue many countries are implementing new policies for minimizing the usage of fossil fuels and increase the use of alternative sources like solar power and Biodiesel. Biodiesel is a diesel fuel substitute made from a variety of oils, fats, and greases which can become a cheaper alternative to fossil…
Jackfruit Processing Unit
The fruit processing sector has some undoubtedly potential Business Ideas, and Jackfruits processing is highly recommended because jackfruits are highly perishable tropical fruits, which helps in improving the immunity, replenishes the energy, cardiovascular health, regulates Blood Pressure, Digestion, treats the skin diseases, prevent/control asthma and many more awesome advantages of jackfruit consumption.
Rising demand for processed fruit product for secondary preparations, rising income, and resultant increased spending on food items is…
Pomegranate Processing unit
India is the second largest producer of Pomegranates in the world after Iran, still contributes only 5% pomegranate related international trades. India produces the finest edible Pomegranates, which are available almost throughout the year, which provides a tremendous potential for export of Pomegranate and its products from India.
Processing of the Pomegranates becomes essential in order to increase the utilization and reduce the wastage of the fruit. Pomegranates being rich in…
Coconut Processing Unit
Coconut is an important fruit in the Indian economy as the country is listed among the top Coconut producing countries in the world. The contribution of Coconut is about ₹27900 crore to India’s Gross Domestic Product (GDP).
Today's improved economic stability, spending power, nutritional requirements, and awareness are pushing consumers to shift their preferences.
Currently, Coconut water, Coconut milk/cream and Virgin Coconut Oil (VCO) are expected to be main growth drivers for…
Telematics Control Unit
Publisher's Telematics Control Unit (TCU) market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability.
The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.
The report includes the forecasts, Analysis and discussion of important industry trends, market size, market share estimates and profiles of…
