Textile Coatings Market Size 2024 Huntsman International, Solvay, Clariant AG, Covestro AG, BASF, Sumitomo Chemical Company

MaketStudyReport.com adds a new Textile Coatings Market research report for the period of 2017-2024 that shows the market is growing at steady CAGR to 2024.

Increasing preference for advanced automotive interiors along with rise in demand for passenger vehicle will drive the textile coatings market growth. Global passenger cars production was over 75 million units in 2016 and will grow at over 6.5% up to 2024.

Textile Coatings Market size is anticipated to surpass USD 7.5 billion by 2024; as per a new research report.

Request a Sample Copy of Global Textile Coatings Market Research Report @ https://www.marketstudyreport.com/request-a-sample/568792//?utm_source=OPR-SP

Rapid urbanization along with increasing government spending on infrastructure will drive the market growth. Benefits including anti-abrasion, thermal insulation, self-cleaning and fire retardation will remain key factors fueling product demand.

Construction industry was valued over 450 kilo tons in 2016. Advancement in advertisement platforms including billboards, hoardings and signage are positively influencing industry growth. In addition, increasing product adoption in supporting nets, awnings and canopies used during infrastructure development will fuel demand.

Advanced technology will witness growth over 4.5% through to 2024. Large scale production, ease in process and robust design are few key properties driving industry growth in segment.

Global textile coatings market share is highly fragmented in nature as there are number of regional manufacturers. The key industry participants include Omnova Solutions, Huntsman International, Solvay, Clariant AG, Covestro AG, BASF, Formulated Polymer Products, Sumitomo Chemical Company. Other notable players in terms of geographic presence and product range includes Textiles Coated International, Lubrizol Corporation, Nobletex, Sioen Coating, DSM, Tanatex Chemicals, Conversion Technologies International, National Coating Corporation, Vintex, Ajy Tech India, Arville and Reagent.

Enquire Discount on Global Textile Coatings Market Research Report @ https://www.marketstudyreport.com/check-for-discount/568792//?utm_source=OPR-SP

Thermoplastic accounted for over 80% of the overall textile coatings demand in 2016. Air bags, automotive upholstery, and bulk bags are major contributing application. Benefits including durability, strength, and high resilience will facilitate market growth in this segment.

For more information on this report, Please visit at: https://www.marketstudyreport.com/reports/textile-coatings-market/?utm_source=OPR-SP

U.S. textile coatings market will witness growth over 4.5% up to 2024. Positive outlook from home furnishing, clothing and industrial applications will support the overall business growth. Stagnant raw material prices along with increase in spending on R&D for further product innovation will propel regional industry growth.

APAC textile coatings market share was over 50% 2016. Increase in spending on industrial, infrastructural and residential segment will positively influencing the product demand. The regional spending on construction was over USD 3.4 trillion in 2016, with China being the major contributor spent over USD 1.6 trillion.

Favorable government regulations offering free trade along with availability of raw materials will fuel the business growth. Low raw material cost along with availability of labors will further enhance the product growth.

Order a copy of this premium research report @ https://www.marketstudyreport.com/securecheckout/paymenta/568792?msfpaycode=sumsf/?utm_source=OPR-SP

Related Reports: -
2017 Global and Regional Textile Coatings Market Research Report Forecasts 2022
This report focus on Global and regional market, providing information on major players like manufacturers, suppliers, distributors, traders, customers, investors and etc., major types, major applications from Global and major regions such as Europe, North American, South American, Asia (Excluding China), China and etc. Data type include capacity, production, market share, price, revenue, cost, gross, gross margin, growth rate, consumption, import, export and etc.
https://www.marketstudyreport.com/reports/2017-global-and-regional-textile-coatings-market-research-report-forecasts-2022/?utm_source=RR-SP

Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.

Market Study Report
The Green Suite #4594,
Dover, DE 19901
United States
Phone: 1-201-355-0868
US Toll Free: 1-866-764-2150
Email: sales@marketstudyreport.com
Website: https://www.marketstudyreport.com
News: https://www.marketstudyreport.com/category/news-releases/

This release was published on openPR.