The global textile coatings market size was valued at USD 3.86 billion in 2022 and is expected to surpass USD 5.64 billion by 2031, expanding at a CAGR of 4.31% during the forecast period, 2023–2031. The market growth is attributed to cohesive government regulations and trade agreements, rising adoption of automation, and growing industrialization.
Textile coatings are a type of chemical coatings that are applied to a material in order to change, enhance, or improve its characteristics and properties. Textile coatings offer great versatility that can deliver a range of different results both aesthetic and functional.
Textile coatings are used across many industries from aerospace and automotive to outdoor wear and geotextiles. Coatings add value to textiles by enhancing and extending their performance and aesthetic appeal.
Textile coating technology and techniques have advanced and diversified considerably over the last couple of decades, as the usage of technical textile material has increased. The demand for textile coatings techniques has increased, as these techniques provide benefits such as efficiency and environmental sustainability. Textile coatings are similar to chemical coatings, as chemical layers are put on the surface of the given material in both chemical coatings.
Various chemical compounds are used in the textile coating. The textile coating technique changes according to the end use of the textile material. Textile coating techniques include direct coating, spray coating, foam coating, transfer coating, and extrusion coating. Textile coatings are used in many industries and businesses including automotive, agriculture, home furnishing, protective wear, clothing, and medical.
COVID-19 Impact on Textile Coatings Market
The COVID-19 pandemic impacted export and import activities negatively, owing to the pandemic restrictions on cross-border movements. Several stores faced inventory issues, due to the huge volume of unsold consignments. New store launches were withheld during the pandemic. This is attributed to a decline in demand for textile merchandise during the pandemic.
The manufacturing business community is further negatively impacted on account of cash crunch, manpower-related issues, and supply chain disturbance.
Textile Coatings Market Dynamics
The research report presents a complete overview by providing detailed information about the current market trends, existing drivers, growth opportunities and potentials, and emerging challenges. The textile coatings market report has up-to-date insights about market dynamics and market scenarios that can shape the overall market performance and output during the forecast period, 2022 to 2030.
Textile Coatings Market Major Drivers
Industrial revolution and the need for upgrading quality standards in terms of safety and performance has increased. Organizations such as international organization for Standard (ISO) and Occupational Safety and Health Administration (OSHA) have defined various safety guidelines and procedures for several industries such as aerospace, automotive, building & construction.
Growing necessities to adopt protective and functional clothing in these industries increases the demand for textile coatings. For instance, in the transportation industry, agencies such as DIN, NFPA, and ISO have made it mandatory for OEMs to employ flame-retardant textile coatings in their fabrics to ensure safety against fire. Similarly, increasing performance requirements such as breathability and water resistance in modern or advanced apparel are forcing OEMs to manufacture advanced fabrics to sustain in the competitive market for textiles.
Rapid urbanization and increasing demand for geotextiles across the globe are the primary factors driving the textile coatings market expansion. Geotextiles are heat-resistant and waterproof which are used to create high-quality sportswear, packaging, and imitation leather. Demand for industrial quality standards and regulations is encouraging the use of textile coatings as well.
Various technical breakthroughs such as the development of sophisticated coating technologies including nanotechnology, spray coating, and plasma technologies are driving the global textile coating market. Textile coatings impart anti-bacterial and self-healing capabilities to polymers, which are widely used in home furnishings, medical equipment, and agricultural items.
Textile Coatings Market Existing Restraints
Growing environmental concerns over the adverse effects of polymers used in textile coatings pose a challenge to the growth of the market. The strict environmental regulations provided by Integrated Pollution Control and Prevention (IPPC) and Emissions Trading System (ETS) are likely to hamper the growth of the global textile coatings industry.
Increasing adoption of constantly changing fashion trends among consumers boosts the textile industry across the globe. The textile industry is one of the most chemical-releasing industries across the globe. Textile processes utilize depleting natural resources, which lead to air, land, water, noise, and visual pollution affecting the balance of the environment.
Several organizations such as the United States Environmental Protection Agency, the California Air Resources Board (CARB), and others have set various regulations and policies to reduce emissions of VOC and carbon footprint from coatings. For example, the control technique guidelines (CTGs) developed by EPA sets limits on VOC emissions from coatings for various industries, particularly in lower atmosphere ozone.
In January 2018, the EU published the German version of DIN EN 16516, a test standard that uniformly regulates the emission measurement of construction products including coatings. In Canada, regulations such as Volatile Organic Compound (VOC) Concentration Limit for Architectural Coatings Regulations (SOR/2009-264) and VOC concentration limits for certain product regulations has set limits on VOC emission from coatings.
In the US, the Ozone Transport Committee (OTC) makes environmental policy for thirteen states on limiting VOC emission from coatings including New England, Pennsylvania, New Jersey Maryland, New York, Washington D.C., and Delaware. Growing environmental concerns across the globe result in strict regulations limiting VOC emission from coatings, which hampers the market growth.
Textile Coatings Market Emerging Opportunities
The emerging demand for the smart textile industry to is design and develop products that include technologies, which allow wearers more functionality than traditional textile products. Rising demand for connectivity offers huge potential for the Internet of Things (IoT) and other advanced technologies in various industries such as textile, defense, healthcare, clothing, sports, and military, propelling the growth of the smart textile market.
Currently, smart textiles have established their value in the military, sports, and medical applications where they regulate body weight, temperature, and external vibrations to enhance performance. Additionally, the military industry has adopted smart fabrics, due to the increased demand for supportive and performance-enhancing clothing.
The military’s inclination to enter the smart textile market is inferred from the US Air Force’s plan to spend USD 237 million on uniforms, which is expected to be complete by April 2021.
Additionally, at Techtextil in Frankfurt, Germany, Trelleborg debuted a developed smart textile called Dartex Endurance polyurethane, which is coated fabric for the healthcare and medical industries. Thus, the growing new innovations in the textile industry and surging demand for smart textiles offer growth opportunities to the market players.
Scope of Textile Coatings Market Report
The global textile coatings market research report includes an assessment of market trends, market segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes
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Details
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Report Title
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Textile Coatings Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Material (Thermosets [Styrene Butadiene Rubber and Natural Rubber] and Thermoplastics [Acrylic, Polyvinyl Chloride, and Polyurethane]), Technology (Traditional, Advanced [Plasma Coating and Magnetron Sputtering]), and End-User (Clothing, Construction, Healthcare, Transportation, and Home Furnishing)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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BASF SE; DSM; Ajy Tech India Pvt.; Omnova Solutions Inc.; Clariant AG; Lubrizol Corporation; Tanatex B.V.; Nobletex; William Brich Engineers Limited; Tanatex B.V.; Covestro AG; Reagent; Sioen Coating; Formulated Polymer Products; Huntsman International LLC.; Vintex; The Dow Chemical Company; Solvay SA; Lubrizol Corporation; Conversion Technologies International; Sumitomo Chemical Co., Ltd. (Sumitomo Chemical Company); and others.
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Textile Coatings Market Segment Insights
Thermoplastics segment to expand at a significant growth rate
Based on material, the global textile coatings market is bifurcated into thermosets and thermoplastics.
The thermosets segment is further divided into styrene butadiene rubber and natural rubber and the thermoplastics segment is sub-classified as acrylic, polyvinyl chloride, and polyurethane. The thermoplastics segment is expected to expand at a significant growth rate during the projected period. Increasing scope and adoption of thermoplastics for various applications such as large tents, banners, architectural products, and water-proof clothing is expected to boost the segment growth.
The high requirement of thermoplastic material products in manufacturing automotive airbags, leathers, and bulk bags is anticipated to drive the segment demand. The thermosets segment is anticipated to hold a key share of the market in the coming years.
Styrene, butadiene rubber, and natural rubber are among the key thermosetting materials. Natural rubber is widely used in rain wear, carpet backing, protective clothing, and military suits. Increasing demand for protective clothing from several end-use industries boosts the segment growth.
Advanced segment to register a considerable CAGR
On the basis of technology, the global market is segregated into traditional and advanced. The advanced segment is further bifurcated into plasma coating and magnetron sputtering. The advanced segment is anticipated to register rapid growth in the coming years.
Advanced techniques are widely used techniques with advantages over counterparts as large-scale production, generation of anti-corrosion, and robust design. Furthermore, ALD techniques are widely used to create anti-microbial coating used in electrodes and medical applications.
Construction segment to boost the market
Based on end-user, the global textile coating market is segmented into clothing, construction, healthcare, transportation, and home furnishing.
The construction segment is expected to expand at a significant growth rate during the projected period. The high demand for hoardings and signage for advertisements and promotions in emerging countries has improved the segment development. Increasing innovative hoarding and signage trends are major factors propelling the textile coatings market toward growth.
Furthermore, the growing usage of textile coatings for architectural membranes, scaffolding nets, and canopies are expected to drive the construction segment. The home furnishing segment is anticipated to expand in the coming years. Increasing demand for carpet backing and sofa covers propels the segment expansion.
Increasing construction expenditure to accommodate changing trends, the rising demand for fabrics with easy washing, and durable home furnishing products used in residential and commercial settings are anticipated to influence the textile coatings demand positively. Transportation segment comprises for manufacturing automotive upholstery tarpaulins and airbag fabrics.
Increasing regulations regarding driver safety and advancement in technology for avoiding accidents are expected to drive the overall segment growth. Furthermore, increasing demand for superior properties of coasted textiles over the normal fabric is anticipated to support the transportation segment growth.
Asia Pacific to Dominate the Market
In terms of regions, the global textile coatings market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa.
Asia Pacific holds around 50% share of the global market and is expected to dominate the global textile coatings market during the projected period. Rising demand and adoption of textile coatings from various industries such as transportation, clothing, and construction in the region is expected to support the textile coatings market growth in Asia Pacific.
Increasing disposable income and favorable government policies are propelling industrial development in the region, which is anticipated to boost the textile coatings market in Asia Pacific. The market in North America is anticipated to expand at a rapid pace during the forecast period.
Stable raw material prices and stable energy prices boost the textile coatings market in North America. Increasing research & development activities in the textile industry in North America drive the market growth in the region.
Segments
The global textile coatings market has been segmented on the basis of
Material
- Styrene Butadiene Rubber
- Natural Rubber
- Acrylic
- Polyvinyl Chloride
- Polyurethane
Technology
- Plasma Coating
- Magnetron Sputtering
End-Use
- Clothing
- Construction
- Healthcare
- Transportation
- Home Furnishing
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- BASF SE
- DSM
- Ajy Tech India Pvt.
- Omnova Solutions Inc.
- Clariant AG
- Lubrizol Corporation
- Tanatex B.V.
- Nobletex
- William Brich Engineers Limited
- Tanatex B.V.
- Covestro AG
- Reagent
- Sioen Coating
- Formulated Polymer Products
- Huntsman International LLC.
- Vintex
- The Dow Chemical Company
- Solvay SA
- Lubrizol Corporation
- Conversion Technologies International
- Sumitomo Chemical Co., Ltd. (Sumitomo Chemical Company)
- Others
Competitive Landscape
Key players competing in the global textile coatings market are BASF SE; DSM; Ajy Tech India Pvt.; Omnova Solutions Inc.; Clariant AG; Lubrizol Corporation; Tanatex B.V.; Nobletex; William Brich Engineers Limited; Tanatex B.V.; Covestro AG; Reagent; Sioen Coating; Formulated Polymer Products; Huntsman International LLC.; Vintex; The Dow Chemical Company; Solvay SA; Lubrizol Corporation; Conversion Technologies International; Sumitomo Chemical Co., Ltd. (Sumitomo Chemical Company); and others.
Some of these major companies have adopted a series of business development strategies including mergers and acquisitions, entering into partnerships and collaboration, product launches, and production capacity expansion to expand their consumer base and enhance their market share.
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In May 2019, Covestro AG presented sustainable developments in the Insqin technology designed for aqueous textile coatings and water-based polyurethane dispersion at Techtextil 2019. These developments are introduced for enabling biodegradable textile coatings.
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In July 2020, Clariant AG entered an agreement with Technip FMC, to commercialize its Acrylo Max propylene ammoxidation catalyst for the production of fiber intermediate acrylonitrile (ACN). Technip FMC is a large construction and engineering business.
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