Application of textiles in transportation industry and rapid development in building and construction industry are projected to fuel the growth of the global textile coatings market at a CAGR of 5.25% during the forecast period 2023 to 2030

Market Research Future (MRFR) has published on the “Global Textile Coatings Market”.

The global textile coatings market is estimated to register a CAGR of 4.93% during the forecast period of 2023 to 2030.

MRFR recognizes the following companies as the key players in the global textile coatings market — Elkem Solutions (Norway), Covestro AG (Germany), Solvay (Belgium), Clariant (Switzerland), BASF SE (Germany), Sumitomo Chemical Company (Japan), The Lubrizol Corporation (US), Omnova Solutions Inc. (US), Formulated Polymer Products Ltd (UK), and TANATEX Chemicals B.V. (Netherlands) and others.

Market Highlights

The global textile coatings market is accounted for to register a CAGR of 4.93 % during the forecast period and is estimated to reach USD 9,357.36 million by 2030.

The textiles industry is vast, with numerous applications and end-use requirements. Textile coatings are used to increase the value of textile materials by extending their useful lives, maintaining their aesthetic appeal, and providing performance and protective qualities. Textile coatings are constantly evolving and innovating to meet the industry's ever-increasing demands. The majority of these textiles are manufactured because polyester has outstanding properties such as UV resistance, abrasion resistance, and rip resistance. Environmental concerns are likely to be addressed as transportation volumes increase with more efficient and lightweight planes, trains, cars, and seagoing vessels. The standards for textile coatings used in transportation are more stringent than ever. Textile materials are used both indoors and outdoors for visible and hidden applications. Rugs and curtains were traditionally made of fabric. Textiles, on the other hand, are now used for thermal and acoustic insulation, as well as structure protection from the sun, wind, fire, and water. Textile properties such as strength, light weight, thermal and acoustic insulation, and resistance to sunlight, chemicals, and pollutants play an important role in infrastructure construction. High modulus and high strength fabrics are now available from the textile industry to replace steel, wood, and concrete. Geotextile is an important textile contribution to civil engineering. Textiles are used in architecture to add creativity and improve the aesthetics of structures. This is further expected to drive market growth of the textile coatings market.

Access full report @ https://www.marketresearchfuture.com/reports/textile-coatings-market-5913

Segment Analysis

The global textile coatings market has been segmented based on product type, coating technology, and end use.

Based on product type, the market is segmented into thermoplastics and thermosets. The thermosets segment is attributed to holding the largest market share in 2022 with a market share of ~58% revenue as estimated by MRFR analysts.

Thermosets are substances that, after being cured just once, remain permanently solid. During the curing phase, the material's polymers cross-link to produce an unbreakable, irreversible connection. This implies that even at extremely high temperatures, thermosets will not melt. Epoxy, silicone, polyurethane, and phenolic are a few examples of thermoset plastics and polymers that are often used. Moreover, some substances, like polyester, can be found in both thermoplastic and thermoset forms. The growth of the market for textile coatings market is anticipated to be greatly aided by the expansion of thermosets applications.

Further, we estimate that the market segment will continue to dominate market revenue growth during the forecast period. It has been identified that the segment market yet witnesses continuous advancement in technology, innovation and increasing application in various industries.  

Based on coating technology, the global textile coatings market has been segmented into traditional, calendar and extrusion coating, reverse roll coaters, and others. The traditional segment was expected to hold the largest market share in 2022.

Based on end use, the global textile coatings market has been segmented into transportation, building & construction, protective clothing, medical, and others. The transportation segment was expected to hold the largest market share in 2022.

Regional Analysis

The global textile coatings market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World ( Middle East & Africa, and Latin America). North America consists of US and Canada. The Europe market comprises of UK, Norway, Italy, Denmark, and the rest of Europe. The global textile coatings market in Asia-Pacific has been segmented into China, India, Australia, Indonesia, and the rest of Asia-Pacific. The Middle East & Africa market comprises of Saudi Arabia, UAE, South Africa, and rest of Middle East & Africa. While the South America market consists of Brazil, Argentina, Mexico, and rest of South America.

Increasing use of textiles in various industries and increase in demand for waterproof, high-quality, and heat-resistant fabrics are boosting the growth of the North America region.

Moreover, the Europe market has been persistently growing owing to increased technological expertise is extensive, use of textiles in the transportation industry, and increasing demand for protective clothing.

Furthermore, the Asia-Pacific market has been persistently growing owing to the diverse industrial applications ranging from building and construction, automotive, and others.  

Additionally, market factors, such as growing construction industry specifically in hotels, restaurants, and casinos where awnings and canopies is used specifically to give pleasant and artistic look to entrance of hotel are driving the Rest of the World region’s growth.

Key Findings of the Study

• The global textile coatings market is expected to reach USD 9,357.36 million by 2030, at a CAGR of 4.93 % during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market.


• Based on product type, the thermosets market segment was attributed to holding the largest market in 2022, with an approximate market share of 57%.


• Elkem Solutions (Norway), Covestro AG (Germany), Solvay (Belgium), Clariant (Switzerland), BASF SE (Germany), Sumitomo Chemical Company (Japan), The Lubrizol Corporation (US), Omnova Solutions Inc. (US) are the key market players.