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Description
Textile Coating Market size was valued at USD 6.62 billion in 2021. It is to excepted to reach a value of USD 8.77 billion by 2028, at a CAGR of 4.1% from 2022-2028. The textile coating is available in two methods like direct coating and foam coating. It is a process of coating resins on a textile substrate. Under direct coating method, the application of one or different layers of acrylic resins, PVC and polyurethane over the textile substrate is applied with the use of cylinders, knife and scraper. Another method called foam coating method involves submerging the textile material in a bath, which consists of foam compound making use of a solution and then draining off extra liquid. Textile coatings give added assets to the fabric like resistance to grease, soil, water and heat. Textile coating increases the durability of the fabrics and even provides high performing ability. Silicone, polyvinyl chloride, polyurethane and runner are different kinds of polymer used in the textile coatings. This market report focuses on an overview of the key trends, driving and restraining factors, opportunities and thorough market categorization on the basis of type, geography and end-use. It further focuses on key statistics about the market status of the foremost textile coating industry players. Newly introduced nanotechnology is also projected to open new growth opportunities in the industry. Textile coatings are used widely on sports clothing, leathers and packaging Leather becomes more durable and rigid too when the textile coating is applied on leather. Industry players are trying to bring anti-bacterial and self-healing assets in the textile coatings. Key players also aim to invest in R&D to bring inventive and pioneering coatings in the market. A few other factors contribute in the market growth are fire safety regulations and growing performance standards in the end-user industries.
