Sumitomo Chemical, Tanatex Chemicals, Huntsman International LLC, Dow Chemical, Clariant AG, and BASF are major players discussed in the report.
Albany, NY -- (SBWIRE) -- 09/04/2017 -- In recent years, rising preference for advanced automotive interiors together with the rise in demand for passenger vehicle will drive the growth of textile coatings market growth. Also, the market gaining traction from the prosperity of a number of end-use industries such as building and construction, footwear and apparels, medical devices, and protective clothing. Considering this high demand for textile coatings, a new study titled "Global Textile Coatings Industry 2017, Trends and Forecast Report" has been prepared and freshly published to the wide repository of Market Research Hub (MRH). The report gives comprehensive insights into the present state of this market and contains several forward-looking statements regarding the potential growth prospects of crucial elements and segments of the market.
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Textile coatings are special purpose coatings that are used for coating various textiles, fabrics and yarns to shield the materials from various environmental factors such as heat, dust, soil, water, oil, grease etc. The coatings are specifically applied on the textiles to keep the material durable and away from damage. One of common methods used for textile coatings is direst coating in which one or more several layers of PVC, acrylic resins, polyurethane etc. are applied to the textile substrate.
The study begins with a detailed overview of the textile coating industry in which the data covers market definition, classification and application; product specification; cost structures, raw materials used and overall manufacturing processes. The research analyzes that China is the largest consumer of textile coatings in the world. As per the research key findings, the global textile coating market has showcased significant growth over the past few years and is anticipated to generate substantial revenue in future till 2021. Also, the global textile coating market is projected to grow at a robust CAGR over the period 2017-2021.
Moving further, the research analyzes world's main region market situations, including the product price, production, profit, capacity, supply/demand, market growth rate and forecast etc. The regions include North America, Europe and Asia-Pacific; United States, Germany, United Kingdom, Japan, South Korea and China. Also, the report gives a detailed overview of the key drivers, restraints, and trends in the market that are projected to have a major influence on the present and future development of the market. Rapid urbanization along with increasing government spending on infrastructure will drive the market growth.
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The report segments the market on the basis of product type, end users/application. Based on product type, it covers Thermoplastics, Styrene Butadiene Rubber and Natural Rubber. Key end-users analyzed in the study are Geotextiles, Industrial Clothings and Upholstery Fabric. In the next section, key manufacturers analysis along with their company profile are also mentioned. The major players profiled in this report include Sumitomo Chemical, Dow Chemical, BASF, Tanatex Chemicals, Huntsman International LLC and Clariant AG.
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