Global Textile Coatings Market 2021-2027

Global Textile Coatings Market Size, Share & Trends Analysis Report by Coating Type (PVC, PU, Acrylics, Rubber, and Others), and by Application (Clothing, Medical, Transportation, Construction, and Others) Forecast, 2021-2027

The global textile coatings market is projected to grow at a CAGR of 3.8% during the forecast period (2021-2027). The major aspect that drives the growth of the market includes the growth in the textile industry across the globe. Major technological advancements have been introduced to accompany the shift from natural to synthetic fibers and blends, including the adoption of advanced spinning, weaving, knitting, nonwoven, and finishing machinery, electronic and computerized control equipment, and advanced methods for reducing energy consumption; which have significantly creates growth opportunities for the market during the forecast period.

The global textile coatings market is segmented on the basis of coating type and application. Based on the coating type, the market is segmented as PVC, PU, acrylics, rubber, and others. The PVC segment of the market is projected to hold the most substantial share in the market.  Based on the applications, the market is segmented as clothing, medical, transportation, construction, and others. The clothing segment of the market is projected to hold the most substantial share in the market. 

Geographically, the global textile coatings market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. The Asia-Pacific region is projected to hold a significant market share. China, India, Japan, and the Rest of the Asia-Pacific are the major economies primarily contributing to the growth of the textile coatings market in the region. 

Further, Arkema Group, BASF SE, Clariant AG, Covestro AG, Formulated Polymer Products Ltd., Huntsman International LLC, Lubrizol Corp., Solvay SA, Sumitomo Chemical Co., and Tanatex Chemicals BV among others are some of the prominent players functioning in the global textile coatings market. New product launches & developments, partnerships, agreements, and acquisitions are some of the growth strategies adopted by the players in order to sustain in the highly competitive market. 

Research Methodology

The market study of the global textile coatings market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.

Secondary Sources Include

• Financial reports of companies involved in the market
• Whitepapers, research-papers, and news blogs
• Company websites and their product catalog

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. Global Textile Coatings Market Research and Analysis by Coating Type
2. Global Textile Coatings Market Research and Analysis by Application

The Report Covers

• Comprehensive research methodology of the global textile coatings market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the global textile coatings market.
• Insights about market determinants which are stimulating the global textile coatings market.
• Detailed and extensive market segments with regional distribution of forecast revenues.
• Extensive profiles and recent developments of the market players.