Press release
Textile Coating Market:Global Industry Analysis,Trends and Forecast 2024
Global Textile Coating Market: Brief Account
Textile coatings help fabrics to acquire additional properties such as resistance to water, soil, scratch, heat, and grease. The use of textile coatings make fabrics durable and give them high performance abilities. Manufacturers in the global textile coating market are investing in research and development so as to produce new and innovative coatings. The numerous benefits of coating fabrics with textile coatings as well as innovations in this field are expected to ensure a growth of the market during the period from 2016 and 2024.
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The global textile coating market is segmented on the basis of level of fabric coating, end-user application, geography, and type of polymer. On the basis of polymers used, the market is segmented into poly vinyl chloride (PVC), neoprene, polyurethane, silicone, and natural rubber. The level of fabric coating is segmented into filament/fiber level, fabric level, and yarn level. Of these, the fabric level coating is the conventional method, while yarn and fiber levels are advanced methodologies. On the basis of end user application, the market is segmented into construction industry, agriculture industry, clothing industry, medical industry, home furnishing, transportation, sport, and packaging.
The report is a complete overview of the global textile coating industry, including its driving factors, restraining factors, and current trends that are having an impact on the industry. It gives information such as threat of new entrants, threat of substitutes, degree of competition, and bargaining power of buyers and suppliers. The report segments the market on the basis of key criteria and points out the leading, fastest growing, and declining segment. It also attributes the various factors responsible for a segment’s state. The forecast of the market size from 2016 to 2024 on a global as well as regional level is given. The report is thus, a must-have for new entrants as well as those established, to invest profitably in the market.
Global Textile Coating Market: Trends and Opportunities
The growing demand for high quality, heat resistant, and water proof fabrics are boosting the market’s growth. The introduction of nanotechnology in coating fibers is creating opportunities of further growth in the global textile coating industry. Players in the market are striving to achieve coatings that have anti-bacterial properties, which have self-healing properties. Such innovations are expected to further the development of this market. Textile coatings are also used extensively on leathers, which is used not only for clothing, but also for sports, transportation, and packaging. Textile coatings on leather makes it durable and rigid, and thus in demand.
Global Textile Coating: Geographical Analysis
By geography, the global textile coating market is segmented into Asia Pacific, North America, Europe, and the Rest of the World. Of these, the growing number of textile industries in China and India are expected to make Asia Pacific the leading region. In addition to this, the growing urban population in developing nations are increasingly demanding home décor items and this in turn will drive the demand for textile coating, which is extensively used for home décor. Europe is also expected to hold considerable share of the textile coating market. Increase in textile exports in Germany, Spain, and Italy are behind the growth of the market in Europe.
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Global Textile Coating: Companies Mentioned
Leading vendors operating in the industry are profiled in the report. They are: Ajy Tech India Pvt., Ltd., DSM, Arville Textiles Limited, William Birch Engineers Limited, PNP Polytex Pvt. Ltd, Visen Industries Limited, Schaette America Inc., and Nobletex Industries Limited.
Market segmentation based on geography:
North America
Asia Pacific
Europe
Rest of the World
This report gives access to decisive data, such as:
Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for the coming years
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