Market Highlights: The textile coating is described as the method of placing a polymeric resin over a textile substrate on single or both sides. The textile coating creates a new structure, which takes properties of the substrate and the coating outcome. Moreover, it shields the materials from numerous environmental factors such as heat, dust, soil, water, oil, and grease. Therefore, it improves the functionality and strength of the final output products. It presents properties such as fire retardation, anti-bacterial, thermal insulation as well as change the overall condition of the final product. Several types of resins such as PVC, acrylics, SBR, natural rubber, silicone, and others are used to coat the textile substrate in textile coatings to make a wide range of product for different applications. However, PVC textile coating is considered toxic for both human and the environment, and therefore many manufacturers have adopted PU as a replacement for PVC. The market study is being classified, by Application (Transportation, Building & Construction, Protective Clothing, Industrial, Medical and Others) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Textile Coatings are BASF SE (Germany), Huntsman International LLC (United States), The Lubrizol Corporation(United States), Solvay S.A. (Belgium), Formulated Polymer Products Ltd (United Kingdom), Covestro AG (Germany), Omnova Solutions Inc. (United States), Clariant AG(Switzerland), Tanatex Chemicals B.V. (Netherlands) and Arkema Group (France).
In August 202 Muse Nanobots launched a nanotech coating for textiles that it claims can inactivate Coronavirus within five minutes of contact. Muse nanocoated textiles can offer enhanced protection for people to travel and will provide great safety to frontline healthcare, hospital, hotels and restaurant workers.
Key Questions Answered in the Report What will the Textile Coatings Market size and the growth rate be in Future? What are the key factors driving the Textile Coatings Market? What are the key market trends and macro-economic impacting the growth of the Textile Coatings Market? What are the challenges to market growth? Who are the key vendors in the Textile Coatings Market? What are the market opportunities and threats faced by the vendors in the Textile Coatings Market? Trending factors influencing the market shares of the Vendors. What are the key outcomes of the five forces analysis of the Textile Coatings Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Textile Coatings market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Textile Coatings market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Textile Coatings Manufacturer, Government Regulatory and Research Organizations and End-Use Industry. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.