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Textile Coating Market - Global Industry Analysis 2016 - 2024
Textile Coating Market
Rise in demand for water proof, scratch proof, and heat resistant fabrics is the key factor driving the market for textile coating. The textile coating industry is experiencing rapid innovations such as the introduction of nanotechnology in coating fibers. Companies can avail opportunities to come up with an antibacterial coating with self-healing properties.
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The textile coating market can be segmented based on the level of fabric coating into fabric level, yarn level, and filament/fiber level. Fabric level coating is the traditional method of coating, while yarn level and fiber level are advanced methodologies. Based on the type of polymers used, the textile coating market can be divided into Poly Vinyl Chloride (PVC), silicone, polyurethane, natural rubber, and neoprene. The type of polymer coating used depends upon the type of usage of the fiber and the physical properties required.
The market for textile coating can also be segregated in terms of end-user application in agricultural industry (bulk containers, pond liners), construction industry (conveyer belting, safety vests), clothing industry (shoes, rainwear, leather, garments), home furnishing (carpet backing, sofa covers, curtains), medical industry (medical gloves, implants), transportation (seating of automobiles), sport (rainwear, football, shoes), and packaging (sacks, liquid bulk containers).
Based on region, the textile coating market can be segmented into North America, Asia Pacific, Latin America, Europe, and Middle East & Africa. Asia Pacific is expected to dominate the textile coating market due to the expansion in the textile industry in emerging economies such as China and India. Additionally, increase in urban population in these emerging economies is likely to boost the home décor market; textile coating is used extensively in home décor. Europe is also anticipated to account for significant share of the textile coating market, led by the rise in export of textiles and increase in production of textiles in Germany, Italy, and Spain. Leather is used extensively in the clothing, transportation, sports, and packaging industries. Leather is coated with textile to make it durable and rigid. The outlook for the textile coating market in Asia Pacific, primarily in China and India, appears promising owing to the significant growth in the leather industry.
Key players operating in the textile coating market include Ajy Tech India Pvt. Ltd, Visen Industries Limited, Nobletex Industries Limited, Schaette America Inc., William Birch Engineers Limited, DSM, PNP Polytex Pvt. Ltd, and Arville Textiles Limited.
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