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Textile Coatings Market by Type End-Use Industry - Global Forecast to 2021

Textile Coatings Market: Global Forecast until 2021

  • October 2016
  • 182 pages
  • ID: 4331016
In this report:
The transportation end-use industry accounted for the largest share of the textile coatings market in 2015 and is estimated to witness a CAGR of ##.##%, between 2016 and 2021, in terms of volume.
Weak product portfolio in other textile coatings types such as thermosets Dependency on the sales from Europe, the Middle- East, and Latin America as the regions account for approximately ##% of the total sales

Summary

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"Textile coatings market estimated to reach ~$6.8B by 2021"

The textile coatings market size is projected to extend ~$6.8B by 2021, at a compound annual growth rate of 3.50 percent. Growing quality & performance standards in end-use industries including rising fire safety regulations, growing performance requirements, and rising quality standards in apparels sector are driving the sector. Along with these, Elements such as the introduction of innovative products/technologies has opened new sectors for textile coatings. The main restraints for textile coatings market are environmental concerns associated to PVC type of textile coatings and segment risks from bio-based alternatives. PVC and isocyanates are considered harmful and toxic to the environment and human health. Most of the manufacturers in the developed countries have accepted polyurethanes as a potential replacement for PVC.

"Transportation-The biggest end-use market in terms of value concern and quantity"

Transportation segment is forecasted to be the most important end-use sector of textile coatings market that accounted for the maximum market size in 2015, both in terms of value significance and quantity. This dominance is expected to continue due to the growing demand of advanced automotive interiors and components and the increasing need for superior and advanced vehicles. Properties including superlative thermal resistance, enhanced tensile strength, lightweight, and fire, water, stain, and soil resistance will also contribute towards its development in transportation.

"APAC will account for the biggest industry size both in terms of value importance and quantity"

Asia-Pac is leading the textile coatings market. Increase in Asia Pacific (APAC) is led by the increasing demand from transportation, building & construction, protective clothing, industrial, and medical applications due to rising quality & performance standards in the territory. Together with these factors, growing industrial, manufacturing, and building & construction activities are also driving the Asia-Pac market for textile coatings.

Break-up of profiles by the primary participants for the study

- By Company Type: Tier 1 - 37.0 percent, Tier 2 - 50.0 percent, and 1/3 3 - 13.0 percent

- By Designation: C Level - 50.0 percent, Director Level - 31.0 percent, and Others - 19.0 percent

- By area: North america (NA) - 31.0 percent, Europe - 38.0 percent, Asia-Pacific - 25.0 percent, RoW - 6.0 percent

The textile coatings market is expected to register strong increase rate between 2016 and 2021. The firms decribed in this business report contain Covestro (ETR:1COV), Huntsman International LLC, Solvay (EBR:SOLB), Clariant (CLN), BASF SE, Omnova Solutions Inc., Sumitomo Chemical Company, Lubrizol Corporation, and Tanatex B.V., among others.

Segment Research

The textile coatings market for this analysis is divided on the basis of type and end-use sector. The type segment is further bifurcated into thermoplastics and thermosets. The end-use sector for this industry report includes transportation, building & construction, protective clothing, industrial, medical, and others including sports, packaging, and agriculture.

Main highlights

This market research highlights on several levels of analysis - industry, market share research of top players, value chain study, and company descriptions, which together comprise and examine the global views on the competitive landscape; coming out and high-growth segments of the textile coatings market; high-growth areas; and sector drivers, market restraints, and alternatives.

This study furnishes highlights on the following points:

- Business entry: Exhaustive information on textile coatings provided by the top actors in the industry

- Product improvement/Innovative products: In-depth understanding on up-on-coming technologies, analysis & growth activities, and recent product launches in the sector

- Industry development: Highlighted information about profitable emerging sectors - the market research examines the industries for textile coatings across localities

- Industry diversification: Complete information about untapped areas, recent evolutions, and market investments in the textile coatings market

- Opposing assessment: Detailed assessment of market shares, strategies, products, and manufacturing capabilities of the leading market actors

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