Press release
Textile Coatings Market Outlook US$ 5 Billion Valuation Anticipated by 2031
Get Free Sample Copy of This Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=6090
Market Future Outlook
The global textile coatings market (섬유 코팅 시장) is expected to continue its growth trajectory, driven by the expanding automotive and healthcare industries. The Asia-Pacific region is projected to dominate the market, owing to the presence of major textile manufacturing countries such as China, India, and Bangladesh. Technological advancements, coupled with increasing demand for sustainable coatings, are likely to fuel market growth in the coming years.
Country Wise Analysis
In the United States, textile coatings production is expected to reach US$ 1 billion in the coming years, primarily driven by their extensive use in industrial apparel, especially in the construction sector. Construction apparel is crucial for ensuring worker safety and preventing injuries on construction sites.
Moreover, growth is anticipated in the sports and recreation sector due to increased participation in athletic events by prominent sports personalities. The focus is on incorporating eco-friendly textile coatings to reduce environmental impact. The U.S. market is expected to grow at a CAGR of 3.9%.
India is also poised for significant growth in textile coatings, with a projected CAGR of 4%. This growth is fueled by the widespread adoption of textile coatings in the domestic textile and clothing industry. According to the India Brand Equity Foundation (IBEF), the clothing textile and apparel industry in India is expected to reach a value of US$ 226 billion by 2023, encompassing both domestic and export trade.
Furthermore, the Indian government's initiative to allow 100% foreign direct investment through automatic channels has led to approximately US$ 4 billion in FDI between April and December 2020. This policy has created numerous opportunities for textile coatings producers to expand their operations in India.
Key Players
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
Competitive Landscape
Leading manufacturers in the textile coatings market (Markt für Textilbeschichtungen) employ various strategies to drive growth, including expanding their product portfolios, forming collaborative partnerships, engaging in mergers and acquisitions, and expanding their production capacities.
For instance, in September 2021, BASF SE showcased its polyurethane, thermoplastic polyurethane, and E-thermoplastic polyurethane, as well as 3D printed molds and functional coatings for the footwear industry at SIMAC 2021. This move is expected to enhance the company's presence in the global sustainable footwear market.
Additionally, Technip FMC, a prominent construction and engineering company, entered into a cooperative development agreement with Clariant Catalysts in July 2020. The aim of this collaboration is to commercialize their Acrylo Max propylene ammoxidation catalyst for the production of acrylonitrile (ACN), a fiber intermediate.
Get Customization on this Report for Specific Research Solutions: https://www.factmr.com/connectus/sample?flag=RC&rep_id=6090
Key Segments Covered
By Technology
Dot Textile Coating Technology
Full Surface Textile Coating Technology
By Raw Material
Thermoplastic Textile Coatings
Thermoset Textile Coatings
Other Textile Coatings
By End Use
Geotextiles
Upholstery Fabric
Industrial Clothing
Sports & Leisure
Medical Hygiene Products
Other End Uses
By Region
North America
Europe
East Asia
South Asia
Oceania
Latin America
Middle East & Africa
Contact:
US Sales Office
11140 Rockville Pike
Suite 400 Rockville, MD 20852
United States Tel: +1 (628) 251-1583, +353-1-4434-232 (D)
Sales Team: sales@factmr.com
About Fact.MR :
We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client's satisfaction.
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 Textile Coatings Market Outlook US$ 5 Billion Valuation Anticipated by 2031 here
News-ID: 3492962 • Views: …
More Releases from Fact.MR
Fine Blanking Tools Market Projected to Reach USD 1.43 Billion by 2035 | U.S. CA …
The global Fine Blanking Tools Market is set for steady growth over the next decade, driven by rising demand for high-precision components, ongoing industrial automation, and surging requirements from automotive, electronics, and aerospace sectors. According to a recent forecast, the market is expected to grow from approximately USD 948.1 million in 2025 to USD 1,430.6 million by 2035, at a compound annual growth rate (CAGR) of about 4.2 % between…
Benzodiazepine Drugs Market is Expanding USD 5.4 billion by 2035 | Pfizer Inc.; …
The global benzodiazepine drugs market is projected to expand in the coming decade, driven by growing incidence of anxiety, insomnia, alcohol-withdrawal disorders, and advances in pharmaceutical formulations. According to a recent Fact.MR report, the market was valued at approximately USD 2.35 billion in 2022, and is expected to grow at a compound annual growth rate (CAGR) of 2.8% to reach USD 3.1 billion by 2032.
Market Drivers & Outlook
The demand for…
Ultrasound Systems Market to Surge to Nearly USD 20 Billion by 2035, Led by Adva …
The global Ultrasound Systems Market is on a strong growth trajectory, projected to rise from USD 10.8 billion in 2025 to approximately USD 19.7 billion by 2035, expanding at a CAGR of 6.2% during the forecast period. This growth is fueled by the rising demand for non-invasive diagnostic imaging, the increasing prevalence of chronic diseases, expanding healthcare infrastructure, and continuous technological innovations such as AI integration and portable imaging systems.
Key…
Surgical Staplers Market Is Forecasted To Reach USD 6.0 Billion In 2025 | Ethico …
The global Surgical Staplers Market is forecast to show strong growth over the next decade, nearly doubling in value as demand surges for efficient, reliable wound closure in advanced surgical procedures. According to the latest Fact.MR Surgical Staplers Market Size & Share Forecast Outlook 2025-2035 report, the market is expected to grow from USD 6.0 billion in 2025 to USD 12.5 billion by 2035, at a compound annual growth rate…
More Releases for Textile
Textile Market Size, Growth Analysis 2031 by Key Vendors- INVISTA, Lu Thai Texti …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲: According to Verified Market Reports analysis, the global Textile Market size was valued at USD 593.9 Billion in 2023 and is projected to reach USD 775.2 Billion by 2031, growing at a CAGR of 4.3% during the forecasted period 2024 to 2031.
What is the current outlook for the textile market?
The textile market has shown resilience, recovering after global disruptions like the COVID-19 pandemic. According to industry reports,…
Expanding Textile Industry is Boosting the Indian Textile Chemicals Market
Indian textile chemicals market is estimated to grow at a substantial CAGR of 5.1% during the forecast period (2024-2031). The market growth is driven by the rising middle class, increasing urbanization, and the rising number of nuclear families, which have resulted in Westernized tastes and higher consumption and spending. In addition, technical textiles, and fast fashion trends are driving the market growth. Moreover, industrial manufacturing in the country has emerged…
Textile Tester Market Is Driven by Increasing Demand for Textile Testing from th …
A textile tester is a device that is used to test the physical and chemical properties of textile materials. It is used to determine the strength, durability, and other characteristics of textile materials.
Download Sample PDF Of This Report:
https://www.globalinsightservices.com/request-sample/GIS23209
Key Drivers
The key drivers of the Textile Tester market are the increasing demand for textile testing from the textile industry and the growing awareness of the importance of textile testing. The textile…
Textile Care Services Market Potential growth, Major Strategies, Future Industry …
"Worldwide Market Reports offers 𝐔𝐩𝐭𝐨 𝟕𝟎% 𝐝𝐢𝐬𝐜𝐨𝐮𝐧𝐭 on Textile Care Services Market Reports on Single User Access and Unlimited User Access"
The report discusses everything a marketer requires before investing in the global Textile Care Services during the forecast period 2023-2030. It provides detailed insight into current trends, shares, size, and sales value and volume. The data used for this report is obtained from reliable industry sources, paid resources, and validated…
Global Textile Colorant Market, Global Textile Colorant Industry, Textile Colora …
Textile colorants are specific products that can be added or applied to substrate to give color. They are commonly available in the form of pigments, dyes, and dry powder. They are manufactured with eco-friendly application with advanced technologies and regulations that supports the environment. In the composition context, textile colorant market can be categorized as thermo-chromic textile colorant and photochromic textile colorant. Textile industry accounts for largest consumption of colorants…
Global Household Textile Market Analysis 2023 – Top Players Fuanna Bedding and …
KD Market Insights has presented a detailed report on “Household Textile Market - By Product Type (Non-woven Textile, Woven Textile), By Application (Bed, Furniture, Door & Window, Dining & Wash, Ground), Global Region - Market Size, Share & Forecast 2018-2023” which includes the major application, advantages, and key market trends that are fostering the growth of the market during the forecasted span of 6 years. The research takes a step…
