PUBLISHER: The Business Research Company | PRODUCT CODE: 1662369
PUBLISHER: The Business Research Company | PRODUCT CODE: 1662369
Textile coating involves applying resin onto a textile substrate, enhancing its performance and aesthetic qualities. This process significantly augments the value of textiles, extending their durability and functionality.
The primary types of textile coatings include thermoplastics, thermosets, and other variations. Thermoplastics represent coatings that do not chemically react during the drying process. Various methods are employed for coating textiles, such as direct coating, direct roll coating, pad-dry-cure coating, foamed & crushed foam coating, hot melt extrusion coating, calendar coating, among others. Technologies utilized include dot textile coating and full surface textile coating. Textile coatings find applications in diverse sectors such as clothing, transportation, construction, home furnishing, and healthcare, contributing to improved performance and aesthetics across these industries.
The textile coatings market research report is one of a series of new reports from The Business Research Company that provides textile coatings market statistics, including textile coatings industry global market size, regional shares, competitors with a textile coatings market share, detailed textile coatings market segments, market trends and opportunities, and any further data you may need to thrive in the textile coatings industry. This textile coatings market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The textile coatings market size has grown strongly in recent years. It will grow from $6.36 billion in 2024 to $6.74 billion in 2025 at a compound annual growth rate (CAGR) of 6.0%. The growth in the historic period can be attributed to demand from apparel industry, consumer preferences for performance textiles, expansion of sportswear industry, focus on sustainable textile practices, stringent regulations, consumer awareness of health and safety.
The textile coatings market size is expected to see strong growth in the next few years. It will grow to $8.32 billion in 2029 at a compound annual growth rate (CAGR) of 5.4%. The growth in the forecast period can be attributed to rise in demand for smart textiles, customization in textile coatings, expansion of home textiles market, focus on green chemistry, demand for high-performance outdoor textiles, influence of fast fashion trends. Major trends in the forecast period include expansion of technical textiles in construction, advancements in nanotechnology, digital printing and coating technologies, coatings for technical textiles, collaborations in research and development.
The expanding clothing industry is projected to drive the growth of the textile coating market in the future. The clothing industry encompasses the manufacturing of textile-based garments and apparel. Textile coatings provide material layers that adhere to textile structures. A typical formulation for textile coatings usually consists of polymeric binders and other additives (such as colorants, adhesion promoters, biocides, plasticizers, etc.) that are applied to textile fabrics through a spreading process in the form of a solution, dispersion, paste, or a similar method. For example, in November 2023, the UK Fashion and Textile Association, a trade organization based in the UK, reported that the UK fashion and textile industry contributed £62 billion ($80.7 billion) to the UK GDP, supported 1.3 million jobs nationwide, and generated over £23 billion ($28.98 billion) in tax revenue. Hence, the expanding clothing sector is anticipated to boost the textile coating market.
The increasing demand in the construction industry is expected to foster the growth of the textile coatings market moving forward. The construction industry involves a broad range of tasks and processes related to building structures, infrastructure, and other physical facilities, including planning, design, erection, and maintenance of various construction projects. Textile coatings are utilized in the construction sector for fabrics such as membranes, awnings, and roofing materials, providing waterproofing and protecting structures from rain and other environmental elements. For instance, in July 2024, the US Census Bureau, a government agency in the US, reported that the value of construction operations increased from $2.01 trillion in May 2023 to $2.14 trillion in May 2024. Therefore, the rising demand in the construction industry is driving the growth of the textile coatings market.
Leading companies in the textile coatings market are concentrating on developing innovative products, such as bio-based textile coatings, to improve sustainability, lessen environmental impact, and address the rising demand for eco-friendly materials. Bio-based textile coatings consist of protective and functional layers applied to textiles that originate from renewable biological resources, including plants, algae, or other natural substances. For example, in November 2023, Covestro AG, a materials company based in Germany, introduced Impranil CQ DLU, a partially bio-based polyurethane dispersion for textile coatings that contains approximately 34% plant-derived carbon. This innovative product retains the performance characteristics of its predecessor, Impranil DLU, including excellent hydrolysis resistance and tensile strength, while promoting sustainability by reducing dependence on fossil fuels. Suitable for a range of applications such as sports equipment and car interiors, Impranil CQ DLU can be applied using various coating methods, showcasing Covestro's dedication to eco-friendly solutions in the textile sector.
Key companies in the textile coatings market are focused on innovating products like Dartex MicroClimate EcoPlus to offer reliable services to their customers. Dartex MicroClimate EcoPlus is a polyurethane-coated fabric that merges outstanding chemical resistance with unmatched breathability. For instance, in November 2023, Trelleborg AB, an engineering company based in Sweden, launched Dartex MicroClimate EcoPlus. This fabric boasts a moisture vapor transfer rate (MVTR) of over 20% and is designed to be environmentally friendly, emphasizing waste reduction and sustainable development. It finds applications across various industries, including healthcare and medicine.
In February 2023, Archroma, a global provider of specialty chemicals based in Switzerland, acquired Huntsman Corporation for $718 million. This acquisition strategically strengthens Archroma's leadership in sustainable textile solutions while enhancing its product offerings and operational efficiencies. Huntsman Corporation is a global manufacturer and marketer of differentiated specialty textile coatings, catering to a diverse array of manufacturers in various consumer and industrial end markets.
Major companies operating in the textile coatings market are Covestro AG, The Lubrizol Corporation, Huntsman International LLC, Solvay SA, Clariant AG, 3M Company, Akzo Nobel N.V., Arkema group, BASF SE, DuPont de Nemours Inc., Eastman Chemical Company, Evonik Industries AG, KCC Corporation, Omnova Solutions Inc., PPG Industries Inc., Sumitomo Chemical Company, Tanatex Chemicals B.V., Dow Inc., Sherwin-Williams Company, Valspar Corporation, Wacker Chemie AG, Zschimmer & Schwarz, Archroma Management LLC, LANXESS Aktiengesellschaft, RPM International Inc.
Asia-Pacific was the largest region in the textile coating market in 2024. The regions covered in the textile coatings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the textile coatings market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The textile coating market consists of revenues earned by entities by polyvinyl chloride, polyurethane, acrylics, polyolefins, nylons, EVA, styrenebutadiene rubber and natural rubber. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Textile Coatings Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on textile coatings market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for textile coatings ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The textile coatings market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.