Textile Coatings Market Size, Share & Trends Analysis Report By Type (Thermosets Cellulosic, Natural Rubber, Polyvinyl Chloride, Thermoplastics, Acrylics, Polyurethane), By Technology (Traditional, Advanced, Magnetron Sputtering, Plasma Coating, Dot Textile Coating Technology, Full Surface Textile Coating Technology), By Raw Material (Thermoplastic Textile Coatings, Thermoset Textile Coatings, Other Textile Coatings), By End-User (Building & Construction Industry, Transportation, Agriculture, Automotive, Industrial, Fabric Filters) and By Region(North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2023-2031

Textile Coatings Market Size

The global textile coatings market size was valued at USD 6.86 billion in 2022. It is projected to reach USD 9.59 billion by 2031, growing at a CAGR of 3.8% during the forecast period (2023-2031). 

Textile coatings are gaining popularity on account of the growing textile industry, deployment of advanced technology, and the type of coating material used, such as natural rubber, depending on the end use of textiles. For instance, polyurethane (P.U.) is widely used for textile coating to improve the quality of synthetic materials as well as protect color effects, and this improved synthetic material is further used in the manufacturing of footwear, garments, car upholstery, etc. In recent past years, the textile industry has witnessed tremendous evolution owing to the changing preferences in cloth and garments and its innovative applications in various industries. For instance, textiles are not only limited to clothing and garments production, but it also finds various other applications, such as fire-protecting & flame-retardant fabrics by using fire-protective coatings, and these fabrics are further used for military and fire service purposes.

Textile Coatings Market Growth Factors

Wider Applications of Textile Coatings

During the forecast period, the expansion of the global apparel market is anticipated to drive up demand for textile coatings. The development of the clothing industry is being fueled by rising quality standards in developed economies and rising purchasing power and lifestyle changes in developing economies. In addition, textile coatings are used to create airbag fabrics and upholstery for automobiles, buses, trains, trucks, and two-wheelers. As a result, it is anticipated that during the forecast period, Europe and Asia Pacific, which have the strongest automotive industry bases, will provide a steady source of revenue for the global market. Hoardings and signage, scaffolding nets, canopies and awnings, architectural membranes, conveyor belts, and safety vests for construction workers all use textile coatings. 

As a result, the global building and construction industry is likely to demonstrate strong demand. In the home furnishings industry, textile coatings are additionally used to create curtains, carpet backings, sofa covers, and pillow and cushion covers. Growing environmental concerns about the negative effects of polymers used in textile coatings could hinder market expansion. The growth of the global market is anticipated to be hampered by stringent environmental regulations by IPPC (Integrated Pollution Prevention and Control) and ETS (Emission Trading System).

Textile Coatings Market Opportunities

Growth in Healthcare Sector

Textile coatings are used extensively in the healthcare industry to create equipment like extracorporeal devices, implants, and medical gloves. As a result, the demand from the healthcare sector is anticipated to be very high during the assessment period. In hospitals, coating and laminating technologies are being used to create clothing that is lighter, more comfortable, and better suited for protecting patients and operating room staff. The medical, healthcare, and hygiene industries are a substantial and expanding component of the textile coating. Applications range from the straightforward cleaning wipe to the sophisticated barrier fabrics used in operating rooms. The operating room environment is being protected from bacterial, viral, and fluid body intrusions using new, affordable methods that also safeguard hospital staff and patients.

Regional Insights

Asia-Pacific: Dominant region

Asia Pacific region is the highest contributor to the market the growth of the textile coatings market is imputed to the diverse industrial application ranging from building & construction to automotive and others. The growing textile industry is anticipated to boost the demand for textile coating in India. For instance, according to the Indian Brand Equity Foundation, the Indian textile industry is projected to reach USD 190 billion by 2025. India is one of the world's top producers of textiles. Indian textiles are imported by consumers all over the world because of the high-quality fabric they use and their low prices.

North America: Fastest growing region

North America is projected to continue dominating the global textile coatings market share owing to the prospering automotive industry and established automotive manufacturing units. Additionally, the increasing production of cars thrust the growth of the textile coating market. The U.S. industry is the world's second-largest exporter of goods related to textiles. The United States is the leader in textile research and development worldwide. The U.S. textile complex is creating next-generation textile materials like electronic textiles that can monitor heart rate, conductive fabric with anti-static properties and other vital signs, antimicrobial fibers, life-saving body armor, and new fabrics that make adjustments to the weather to make the wearer warmer or cooler. For instance, according to the International Organization of Motor Vehicle manufacturers, in 2017, the number of cars manufactured in the USA was 11,189,985 units, and in Canada, it was 2,199,789 units.

Europe is projected to lead the global market during the forecast period owing to increasing stadiums, airports, and aircraft hangars, among others. For instance, Europe's largest football stadium is expected to rise to second in the world with an increased capacity of over 100,000 seat mark, where architectural membranes require further capacity expansion. Moreover, the total number of existing stadiums in Europe are 1,233, which intensifies the existing and expected market for textile.

The LAMEA region is expected to attain substantial growth in light of the growing construction industry, specifically hotels, restaurants, and casinos, where awnings and canopies are specifically used to give a pleasant and artistic look to the entrance of the hotel. For instance, In light of the country's rapid increase in visitor numbers, the hospitality industry in the UAE is expected to grow significantly. An analysis of recent data revealed that, in the first three months of 2022, hotels in the Emirati hosted nearly six million guests who stayed there for 25 million nights, an increase of 10% from the corresponding period in 2019. This scenario strengthens the growing opportunities in Middle East countries for textile coating.

Segmental Analysis

By Type

The thermoplastics segment is the highest contributor to the market and is expected to grow at a CAGR of xx% during the forecast period. The product penetration will be boosted by its wide range of applications in architectural products, large tents, water-resistant clothing, and banners. The high demand for the product in the production of bulk bags, leathers, and automotive airbags is anticipated to drive overall business demand.

The thermosets cellulosic segment is expected to witness a higher CAGR. The main thermosetting materials include natural rubbers, styrene-butadiene, polyurethane, and butyl rubbers. Rain gear, military uniforms, protective clothing, and carpet backing all frequently use natural rubber. Multiple end-use industries' increasing demand for protective clothing will drive industry expansion.

By End User

The building & construction industry segment is the highest contributor to the market and is expected to grow at a CAGR of xx% during the forecast period. Hoardings and signage are widely used for advertising and promotion, especially in developing nations, which has accelerated product development. One of the main factors driving the global market is the shift in advertising trends toward hoarding and signage. The overall industry demand will also be driven by rising product usage for architectural membranes, canopies, and scaffolding nets.

The transportation segment is expected to grow at a significant rate. Manufacturing of tarpaulins, airbag fabrics, and automotive upholstery are all included in the transportation application. The overall industry is predicted to grow as a result of tightening regulations regarding driver safety and improvements in technology. Additionally, enhanced fabric with superior qualities will support the penetration of the product.

By Application

The traditional segment is the highest contributor to the market and is expected to grow at a CAGR of xx% during the forecast period. The main elements fostering business growth are competitive pricing and low setup costs. The industry demand will be driven by the need for low-cost applications, specifically in rainwear products that enhance water-repellent properties.

The advanced segment is expected to grow at a significant rate. The most frequently used techniques are the ones that take advantage of advances like robust design, mass production, and anti-corrosion layer generation. ALD techniques are also frequently used to make antimicrobial coatings for electrodes and other medical devices.

Recent Developments

• March 2022: Covestro opens two new production lines in India to expand its polycarbonate compounding operations.
• July 2022: Covestro opens up two new production facilities in shanghai for polyurethane and elastomers.
• May 2022: Solvay launched a new platform focused on biotechnology and renewable materials.