openPR Logo
Press release

Textile Coatings Market to Record an Exponential CAGR | 2025

11-02-2017 08:26 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Transparency Market Research Reports

/ PR Agency: Transparency Market Research Reports
Textile Coatings Market to Record an Exponential CAGR | 2025

A new intelligence study by Transparency Market Research (TMR) suggests that the opportunities in the global textile coatings market is divided among a large number of companies, although a few vendors do hold stronger position than the rest of the lot. The report identifies The Dow Chemical Company, Covestro AG, Clariant AG, BASF SE, and Huntsman International LLC as some of the key companies in the textile coatings market. The report projects the demand in the global market for textile coatings to increment at a CAGR of 3.9% during the forecast period of 2017 to 2025, estimating it to reach a valuation of US$4,918.5 mn by the end of 2025, significantly up from its evaluated worth of US$3,406.0 mn in 2016.

View Full Report:
https://www.transparencymarketresearch.com/textile-coating-market.html

In the near future, the report expects the competitive landscape to remain fragmented among the regional players, while the prominent global companies of the textile coatings market will focus on the enhancement of their product portfolio to cater to specific demands from diverse end-use industries. The focus will mostly be on creating durable products that offer advantages over their respective counterparts. As the acceptance of textile coatings spreads, the vendors with financial might are expected to gain new opportunities. Increasing production capacity and geographical expansion is expected to be other important strategies of the market leaders to add to their market share.

Polyurethane and polyvinylchloride sub-segments of thermoplastics segment held major share of textile coatings market in 2016, whereas full surface coating technology had significantly more demand than the other prominent technology - dot coating. Industrial clothing and upholstery fabric were the two most profitable end-users of textile coating market during the same base year. Being the manufacturing hub of the world, China currently has a flourishing textile coatings market, with other Asia Pacific countries such as India, South Korea, and Malaysia also posing potent demand.

Flourishing End-use Industries Behind Sustained Uptake

The prosperity of industrial, transportation, and building and construction industries is reflecting positively on the global textile coatings market. There is increasing need to maintain quality in various industries, owing to fire safety regulations, performance requirement of apparel, and stringent standards for protective clothing. In the building and construction industry, textile coatings are used for home furnishing as they offer benefits such as anti-abrasion, fire retardation, anti-bacteria, thermal insulation, and self-cleaning. The automotive market, wherein the demand for passenger vehicles is incrementing quickly, is another favorable factor for the textile coatings market, as these coatings offer superior resistance to grease, soil and water, heat, scratches. In the recent past, heavy investments have been made for by the automotive industry players for research and development of innovative fiber that repel water, enhance moisture content, resist heat absorption, and add to the comfort. Increasing demand for geotextiles is another drive of the global textile coatings market.

Request to download and view full ToC -
https://www.transparencymarketresearch.com/report-toc/19010

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact

Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

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 to Record an Exponential CAGR | 2025 here

News-ID: 797805 • Views:

More Releases from Transparency Market Research Reports

High Purity Quartz Market - Global Industry Report, 2030
High Purity Quartz Market: Introduction Albany, NY - The global high purity quartz market was valued at ~US$ 800 Mn in 2019 and is anticipated to expand at a CAGR of ~6% during the forecast period. The global high purity quartz market is driven by increase in demand for high purity quartz in the global semiconductor industry. Asia Pacific accounts for a major share of the global high purity quartz market,
Smart Remote Control Market: Analysts Expect Robust Growth in 2028
The rise in the use of technology across the globe has hit the shore of remote controls too. On the back of technological advancements, the smart remote control market may gain considerable momentum across the forecast period of 2019 -2028. The shift in consumer preference from cost-effectiveness to convenience is serving as a prominent growth factor for the smart remote control market. Based on technology type, the smart remote control
HYDROGEN SULFIDE SCAVENGERS MARKET TO REACH A VALUE OF ~US$ 655 MN BY 2027: TRAN …
Hydrogen Sulfide Scavengers Market: Key Highlights The global hydrogen sulfide scavengers market was valued at ~US$ 440 Mn in 2018, and is anticipated to expand at a CAGR of ~5% from 2019 to 2027. Increase in crude oil production enhances oilfield operations such as drilling, cementing, production, workover and completion, and well stimulation. This drives the demand for production chemicals such as hydrogen sulfide scavengers. The demand for crude oil is increasing
METAL-ORGANIC FRAMEWORK MARKET TO REACH A VALUATION OF ~US$ 24 MN BY 2027: TRANS …
Metal-organic Framework Market: Introduction In terms of value, the global metal-organic framework market is anticipated to expand at a CAGR of ~11% from 2019 to 2027 Metal-organic framework is a class of porous materials constructed from metal-rich inorganic nodes bonded with organic linkers. The structure provides high density of three-dimensional porous cores with a large surface area, uniform cross-linkages, and tunable porosity. Metal-organic framework possesses excellent absorption rate for hydrogen, water, carbon

All 5 Releases


More Releases for TMR

Tumblers Market 2028 | TMR Research
The tumblers market is expected to set growth straight with rising demand for new attractive designs for liquors including alcoholic, and non-alcoholic in emerging region of Asia pacific. The rising disposable income, increasing access to quality products, and new product launches customised to suit the taste of the region promise major growth for the tumblers market in near future. Download Brochure of This Market Report at - https://www.tmrresearch.com/sample/sample?flag=B&rep_id=6200 Among regions, North America,
TMR Research
Global 3D Animation Market: Snapshot The evolution and introduction of three-dimensional (3D) animation has given the world of animation a new perspective. The process of creating 3D moving images in a digital space through objects or models has given these illusions depth. One of the most fundamental differences between 2D animation and 3D animation is the technique used for creating the images and the way they look. The global 3D animation
TMR
Various strategies are leveraged by success-hungry players in the global hyperbaric oxygen therapy devices market. One of them is the thrust on research and development to come up with new or better products. Their focus is on building cost-effective medical devices that would see greater uptake. Strategic partnerships are also being undertaken by them to diversify product portfolios and gain greater share. Further, companies are shifting their gaze to developing
Monolithic Ceramics Market Analysis : TMR
Transparency Market Research has published a new market report titled “Monolithic Ceramics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.” According to the report, the global monolithic ceramics market was valued at US$ 19.43 Bn in 2014 and is anticipated to reach US$ 36.64 Bn by 2023, expanding at a CAGR of 7.3% between 2015 and 2023. Request to view Sample Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3158 Monolithic ceramics are
Wax Market Analysis : TMR
A recent research report published by Transparency Market Research projects the global wax market to expand at a CAGR of 2.6% during the period between 2014 and 2020. The report, titled “Wax Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020,” estimates the global wax market to be worth US$8.98 bn by 2020. The overall market stood at a valuation of US$8.21 bn in 2013
Sulfone Polymers Market Analysis : TMR
Global Sulfone Polymers Market: Snapshot Several grades/varieties of sulfone polymers have gained vast applicability across a number of industries in the past few years. The relatively higher level of resistance wear and corrosion provided by these materials as compared to metals have increased their usage in medical devices and implants. Owing to their high transparency resistance, low weight, and high performance, the demand for sulfone polymers is also rising in the