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2023 Global Textile Coatings Market - By Size, Growth Drivers, Industry Trends, Share Analysis and Forecast To 2032
Textile Coatings Market
Textile Coatings Market Size, Growth Rate, And Forecast
The global textile coatings market size is expected to grow from $5.72 billion in 2022 to $5.98 billion in 2023 at a compound annual growth rate (CAGR) of 4.66%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The textile coatings market size is expected to grow to $7.21 billion in 2027 at a CAGR of 4.76%.
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Textile Coatings Market Drivers
The growing clothing industry is expected to propel the growth of the textile coating market going forward. The clothing industry refers to the manufacturing of textile-based clothes and apparel. The textile coatings offer material layers that cling to the textile structures.
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Textile Coatings Market Segments
• By Type: Thermoplastics, Thermosets, Other Types
• By Coating Method: Direct Coating, Direct Roll Coating, Pad-Dry-Cure Coating, Foamed And Crushed Foam Coating, Hot Melt Extrusion Coating, Calender Coating, Other Coating Types.
• By Technology: Dot Textile Coating Technology, Full Surface Textile Coating Technology
• By End-User: Clothing, Transportation, Construction, Home Furnishing, Healthcare
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Textile Coatings market.
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Textile Coatings Market Key Players
Major competitors in the Textile Coatings market include Covestro AG, The Lubrizol Corporation, Huntsman International LLC, Solvay SA, Clariant AG, BASF SE, Sumitomo Chemical Company.
The Business Research Company's "Global Textile Coatings Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Textile Coatings Market Include:
1. Executive Summary
2. Textile Coatings Market Characteristics
3. Textile Coatings Market Trends And Strategies
4. Textile Coatings Market - Macro Economic Scenario
5. Textile Coatings Market Size And Growth
.................
26. Africa Textile Coatings Market
27. Textile Coatings Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Textile Coatings Market
29. Textile Coatings Market Future Outlook and Potential Analysis
30. Appendix
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