Textile Coatings Market Size (2024 - 2029)

The textile coatings market is anticipated to experience growth, driven by rising standards for protective textiles. The market size is influenced by the emergence of new and innovative coatings, presenting potential opportunities for expansion. The Asia-Pacific region leads in market share, with significant consumption in countries like India and China.

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Market Size of Textile Coatings Industry

textile-coatings-market_Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 4.00 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration High

Major Players

Textile Coatings Market Major Players

*Disclaimer: Major Players sorted in no particular order

Textile Coatings Market Analysis

The market for textile coatings is expected to grow at a CAGR of less than 4% during the forecast period. Major factors driving the market studied are increasing standards for protective textiles.

  • The emergence of new and innovative textile coatings is likely to act as an opportunity.
  • Asia-Pacific dominated the market across the globe with the largest consumption in a country such as India, China, etc.

Textile Coatings Industry Segmentation

The textile coatings market report includes:

Polymer Type
Thermoplastics
Polyvinyl Chloride (PVC)
Polyurethane (PU)
Acrylic
Others
Thermosets
Rubber
Natural Rubber
Styrene-butadiene rubber
Others
Others
Application
Clothing
Transportation
Medical
Construction
Others
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
Italy
France
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
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Textile Coatings Market Size Summary

The textile coatings market is poised for growth, driven by increasing standards for protective textiles and the emergence of innovative coating solutions. The Asia-Pacific region leads the global market, with significant consumption in countries like India and China. This region is expected to continue its dominance and register the fastest growth due to rising demand from various sectors, including construction, medical, and home furnishings. The use of thermoplastic polymers, known for their lightweight and insulating properties, is prevalent in the industry, with PVC being favored for its cost-effectiveness and resistance to environmental factors. These materials are extensively used in protective textiles, which are gaining traction in markets such as China, Japan, and India.

The demand for textile coatings is further bolstered by the construction industry's expansion, particularly in China and Japan, where major projects are underway. Despite challenges such as the trade war affecting China's apparel export market, the country's robust textile and apparel industry remains a crucial economic driver. The market is characterized by partial consolidation, with key players like Arkema Group, Clariant, Covestro AG, Huntsman International LLC, and Solvay leading the charge. As the market evolves, the ongoing development of smart and sustainable urban infrastructure in Asia-Pacific is expected to sustain the demand for textile coatings, reinforcing the region's pivotal role in the global landscape.

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Textile Coatings Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Increasing Standards for Protective Textiles

      2. 1.1.2 Other Drivers

    2. 1.2 Restraints

    3. 1.3 Industry Value-Chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Consumers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products and Services

      5. 1.4.5 Degree of Competition

    5. 1.5 Technological Snapshot

  2. 2. MARKET SEGMENTATION

    1. 2.1 Polymer Type

      1. 2.1.1 Thermoplastics

        1. 2.1.1.1 Polyvinyl Chloride (PVC)

        2. 2.1.1.2 Polyurethane (PU)

        3. 2.1.1.3 Acrylic

        4. 2.1.1.4 Others

      2. 2.1.2 Thermosets

      3. 2.1.3 Rubber

        1. 2.1.3.1 Natural Rubber

        2. 2.1.3.2 Styrene-butadiene rubber

        3. 2.1.3.3 Others

      4. 2.1.4 Others

    2. 2.2 Application

      1. 2.2.1 Clothing

      2. 2.2.2 Transportation

      3. 2.2.3 Medical

      4. 2.2.4 Construction

      5. 2.2.5 Others

    3. 2.3 Geography

      1. 2.3.1 Asia-Pacific

        1. 2.3.1.1 China

        2. 2.3.1.2 India

        3. 2.3.1.3 Japan

        4. 2.3.1.4 South Korea

        5. 2.3.1.5 Rest of Asia-Pacific

      2. 2.3.2 North America

        1. 2.3.2.1 United States

        2. 2.3.2.2 Canada

        3. 2.3.2.3 Mexico

      3. 2.3.3 Europe

        1. 2.3.3.1 Germany

        2. 2.3.3.2 United Kingdom

        3. 2.3.3.3 Italy

        4. 2.3.3.4 France

        5. 2.3.3.5 Rest of Europe

      4. 2.3.4 South America

        1. 2.3.4.1 Brazil

        2. 2.3.4.2 Argentina

        3. 2.3.4.3 Rest of South America

      5. 2.3.5 Middle East & Africa

        1. 2.3.5.1 Saudi Arabia

        2. 2.3.5.2 South Africa

        3. 2.3.5.3 Rest of Middle East & Africa

Textile Coatings Market Size FAQs

The Textile Coatings Market is projected to register a CAGR of less than 4% during the forecast period (2024-2029)

Arkema group, Clariant, Covestro AG, Huntsman International LLC and Solvay are the major companies operating in the Textile Coatings Market.

Textile Coatings Market Report Snapshots

Textile Coatings Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)