Textile Coatings Market Size, Share, Trends, Growth And Regulatory Landscape By 2024-2030 | Solvay

LUTON, BEDFORDSHIRE, UNITED KINGDOM, March 26, 2024 /EINPresswire.com/ -- The textile coatings market is expected to grow at 4.8% CAGR from 2024-2030. It is expected to reach above USD 7.37 billion by 2030 from USD 5.36 billion in 2023.

The “Textile coatings are employed to augment the value of textile materials, extending their operational lifespan, preserving aesthetic appeal, and providing enhanced performance and protective features. As industry demand grows, textile coating undergoes continuous innovation to meet evolving requirements and stay at the forefront of market expectations. Textile coatings are chemicals that provide additional properties such as fire resistance, waterproofing, anti-scratch, anti-abrasion, soil & stain repellence, heat stability, and breathability.

𝐅𝐨𝐫 𝐃𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐭𝐡𝐞 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐏𝐃𝐅 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:

https://exactitudeconsultancy.com/reports/15240/textile-coatings-market/#request-a-sample

𝐘𝐞𝐚𝐫 𝐂𝐨𝐧𝐬𝐢𝐝𝐞𝐫𝐞𝐝 𝐭𝐨 𝐄𝐬𝐭𝐢𝐦𝐚𝐭𝐞 𝐭𝐡𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐢𝐳𝐞:

Base Year of the Analysis: 2023
Historical Period: 2018–2023
Forecast Period: 2024–2030

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞

The Global Textile Coatings market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Global Textile Coatings market.

𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐊𝐞𝐲 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧𝐜𝐥𝐮𝐝𝐞𝐝 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐚𝐫𝐞:

Major players in the Global Textile Coatings Market are identified through secondary research and their market revenues determined through primary and secondary research are: Solvay, Clariant, Covestro Ag, 3m, Arkema Group, Huntsman International Llc, Dupont, Royal Tencate, Saint-Gobain S.A., The Chemquest Group, Inc., GK-Technologies, Fossa Llc, And BASF Se and Others.

𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐍𝐞𝐰𝐬:

In 2023, Covestro AG launched a new partially bio-based polyurethane (PU) dispersion for textile coating, Impranil CQ DLU, that is a green alternative to fossil raw materials.

In 2023, TANATEX Chemicals B.V. acquired New Tanatex S.p.A. Through this acquisition, the company broadens the Italian market by expanding the laboratory facilities and achieving better understanding of market requirement.

In 2021, Covestro AG has announced its acquisition of DSM resins & functional materials business. Through this acquisition, the company expanded its portfolio in the attractive growth market for sustainable coating resins.

𝐆𝐥𝐨𝐛𝐚𝐥 𝐓𝐞𝐱𝐭𝐢𝐥𝐞 𝐂𝐨𝐚𝐭𝐢𝐧𝐠𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

Textile Coatings Market 𝗕𝘆 𝗧𝘆𝗽𝗲

Thermoplastics

Thermosets

Others

Textile Coatings Market 𝐁𝐲 𝐄𝐧𝐝-𝐮𝐬𝐞𝐫 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲

Clothing

Footwear

Upholstery

Construction

Automotive

Others

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐎𝐮𝐭𝐥𝐨𝐨𝐤:

Asia Pacific region is the highest contributor to the market. The growth of the textile coatings market is imputed to the diverse industrial application ranging from building & construction to automotive and others. The growing textile industry is anticipated to boost the demand for textile coating in India. For instance, according to the Indian Brand Equity Foundation, the Indian textile industry is projected to reach USD 190 billion by 2030. India is one of the world's top producers of textiles. Indian textiles are imported by consumers all over the world because of the high-quality fabric they use and their low prices.

𝐃𝐫𝐢𝐯𝐢𝐧𝐠 𝐅𝐚𝐜𝐭𝐨𝐫𝐬:

𝙒𝙞𝙙𝙚𝙧 𝘼𝙥𝙥𝙡𝙞𝙘𝙖𝙩𝙞𝙤𝙣𝙨 𝙤𝙛 𝙏𝙚𝙭𝙩𝙞𝙡𝙚 𝘾𝙤𝙖𝙩𝙞𝙣𝙜𝙨

During the forecast period, the expansion of the global apparel market is anticipated to drive up demand for textile coatings. The development of the clothing industry is being fueled by rising quality standards in developed economies and rising purchasing power and lifestyle changes in developing economies. In addition, textile coatings are used to create airbag fabrics and upholstery for automobiles, buses, trains, trucks, and two-wheelers. As a result, it is anticipated that during the forecast period, Europe and Asia Pacific, which have the strongest automotive industry bases, will provide a steady source of revenue for the global market. Hoardings and signage, scaffolding nets, canopies and awnings, architectural membranes, conveyor belts, and safety vests for construction workers all use textile coatings. As a result, the global building and construction industry is likely to demonstrate strong demand. In the home furnishings industry, textile coatings are additionally used to create curtains, carpet backings, sofa covers, and pillow and cushion covers.

𝙄𝙣𝙘𝙧𝙚𝙖𝙨𝙞𝙣𝙜 𝘿𝙞𝙨𝙥𝙤𝙨𝙖𝙗𝙡𝙚 𝙄𝙣𝙘𝙤𝙢𝙚

The home furnishings market is anticipated to grow significantly in the coming years due to high revenue expenditure on furnishings in developed regions, rising disposable income, and rising standards of living in developing regions. This is anticipated to have a positive impact on the global market over the forecast period.

𝐁𝐫𝐨𝐰𝐬𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐒𝐮𝐦𝐦𝐚𝐫𝐲 𝐚𝐧𝐝 𝐓𝐚𝐛𝐥𝐞 𝐨𝐟 𝐂𝐨𝐧𝐭𝐞𝐧𝐭:

https://exactitudeconsultancy.com/reports/15240/textile-coatings-market/

𝐊𝐞𝐲 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬:

⏩ This study gives a detailed analysis of drivers, restrains, opportunities and challenges limiting the market expansion of Global Textile Coatings market.

⏩ A descriptive analysis of demand-supply gap, estimation and forecast in the global Global Textile Coatings market.

⏩ Porter’s five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

⏩ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Global Textile Coatings Market

𝐀𝐦𝐨𝐧𝐠 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭’𝐬 𝐩𝐫𝐢𝐦𝐚𝐫𝐲 𝐨𝐟𝐟𝐞𝐫𝐬 𝐚𝐫𝐞 𝐭𝐡𝐞 𝐟𝐨𝐥𝐥𝐨𝐰𝐢𝐧𝐠:

Global Textile Coatings definition, synopsis, and product specification are included in the research. It also identifies market-related obstacles and opportunities.

An in-depth study of the market for Global Textile Coatings products, including regional evaluations and competitive analyses on a global, regional, and local scale.

Indicators influencing market scenarios, development patterns, growth plans, as well as major regional enterprises fundamental to the market, are identified and highlighted.

A comprehensive section on the market’s competitive landscape includes company profiles, strategic activities, and market shares for the industry’s major competitors.

Various macro- and micro-level influences on the Global Global Textile Coatings market is identified and analyzed in the study.

Offers a detailed overview of the leading participants in the industry, as well as an analysis of their present strategic goals and critical financial data.

𝐅𝐫𝐞𝐪𝐮𝐞𝐧𝐭𝐥𝐲 𝐀𝐬𝐤𝐞𝐝 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬:

☑ What does this report covers?

☑ Does this report estimates the current market size?

☑ What are the key Segments offered in this report?

☑ Which market dynamics are covered in this report?

☑ Does this report offer customization?

𝐖𝐞 𝐨𝐟𝐟𝐞𝐫 𝐜𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐨𝐧 𝐫𝐞𝐩𝐨𝐫𝐭 𝐛𝐚𝐬𝐞𝐝 𝐨𝐧 𝐜𝐮𝐬𝐭𝐨𝐦𝐞𝐫’𝐬 𝐬𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐫𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭:

– country-level analysis for the 5 countries of your choice.

– competitive analysis of 5 key market players.

– 40 free analyst hours to cover any other data point.

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𝗣𝗗𝗠𝗦 𝗠𝗮𝗿𝗸𝗲𝘁

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https://exactitudeconsultancy.com/reports/20440/drone-logistics-and-transportation-market/

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