Press release
Textile Coatings Global Market Report 2025: Expanding at a CAGR of 6.0% with Key Trends and Dynamics
"Strong growth expected in the global textile coatings market, shaped by trends such as sustainability and smart textiles, with a projection to reach $8.32 billion in market size by 2029.
What Is The Projected Market Size Of The Global Textile Coatings Global Market Report 2025 And Its Growth Rate?
• The textile coatings market size has grown significantly from $6.36 billion in 2024 to $6.74 billion in 2025 (CAGR: 6.0%)
• Notable drivers for market expansion include demand from the apparel industry, emphasis on sustainable textile practices, and the growth of the sportswear industry
• The textile coatings market size is expected to reach $8.32 billion in 2029 with a CAGR of 5.4%
• Future growth will be shaped by trends such as increased demand for smart textiles, expansion of home textiles market, and advancements in digital printing and coating technologies.
What Is Driving The Growth In The Textile Coatings Global Market Report 2025?
With a strong foundation in the clothing industry, the textile coating market has experienced significant growth. The clothing industry focuses on the manufacturing of textile-based clothes and apparel, an area where textile coatings are essential. They provide material layers that cling to textile structures. These coatings typically include a polymeric binder and various additives that are applied to a textile fabric using many methods. With the UK fashion and textile industry's contribution of over $80.7 billion to the UK GDP in 2023, for instance, the growth potential for the textile coating market is immense. In light of these factors, the clothing industry's expansion is set to drive market growth into the future.
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Who Are the Key Players Driving Textile Coatings Global Market Report 2025 Growth?
• Covestro AG
• The Lubrizol Corporation
• Huntsman International LLC
• Solvay SA
• Clariant AG
• 3M Company
• Akzo Nobel N.V
• Arkema group
• BASF SE
• DuPont de Nemours Inc.
What Are The Key Trends In The Textile Coatings Global Market Report 2025?
• Expansion of technical textiles in construction
• Advancements in nanotechnology
• Digital printing and coating technologies
• Coatings for technical textiles
• Collaborations in research and development
What Are The Segments Of The Global Textile Coatings Global Market Report 2025?
1) By Type: Thermoplastics, Thermosets, Other Types
2) By Coating Method: Direct Coating, Direct Roll Coating, Pad-Dry-Cure Coating, Foamed And Crushed Foam Coating, Hot Melt Extrusion Coating, Calendar Coating, Other Coating Types
3) By Technology: Dot Textile Coating Technology, Full Surface Textile Coating Technology
4) By End-User: Clothing, Transportation, Construction, Home Furnishing, Healthcare
Which Region Leads The Textile Coatings Global Market Report 2025?
Asia-Pacific leads the textile coating market in 2024 and is expected to continue to dominate in the forthcoming years. Growth drivers include innovative processes, key players, and a broad consumer base in this region. The scope of the textile coatings market report extends across regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Textile Coatings Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Textile Coatings Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Textile Coatings Global Market Report 2025 for effective categorization.
- Key Player Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Textile Coatings Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Textile Coatings Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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