DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Textile Coatings Market - Global Forecast to 2021" report to their offering.
The textile coatings market size is projected to reach USD 6.81 billion by 2021, at a CAGR of 3.5%.
Increasing quality & performance standards in end-use industries such as increasing fire safety regulations, increasing performance requirements, and increasing quality standards in apparels industry are driving the market. Along with these, factors such as the introduction of innovative products/technologies has opened new markets for textile coatings.
The major restraints for textile coatings market are environmental concerns related to PVC type of textile coatings and threats from bio-based alternatives. PVC and isocyanates are considered harmful and toxic to the environment and human health. Most of the manufacturers in the developed countries have accepted polyurethanes as a potential replacement for PVC.
Asia-Pacific is leading the textile coatings market. Growth in Asia-Pacific is led by the rising demand from transportation, building & construction, protective clothing, industrial, and medical applications due to increasing quality & performance standards in the region. Along with these factors, increasing industrial, manufacturing, and building & construction activities are also driving the APAC market for textile coatings.
- BASF SE.
- Clariant AG
- Covestro AG.
- Formulated Polymer Products Ltd
- Huntsman Internaional LLC
- The Lubrizol Corporation
- Omnova Solutions Inc
- Solvay SA
- Sumitomo Chemical Company
Tanatex Chemicals B.V.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Textile Coatings Market, By Type
8 Textile Coatings Market, By End-Use Industry
9 Textile Coatings Market, Regional Analysis
10 Competitive Landscape
11 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/sjlv2c/textile_coatings