Textile Coatings Market - Trends and Forecast 2021 Textile Coatings Market by Type (PVC, PU, Acrylics

Textile Coatings Market worth 6.81 Billion USD by 2021
The report "Textile Coatings Market by Type (PVC, PU, Acrylics, SBR, Natural Rubber) End-Use
Industry (Transportation, Building & Construction, Protective Clothing, Industrial, Medical, Sports,
Agriculture, and Packaging) - Global Forecast to 2021", The global size of textile coatings market was
USD 5.51 Billion in 2015 and is projected to reach USD 6.81 Billion by 2021, at a CAGR of 3.5%.
Rising industrial, transportation, and building & construction are driving the market for textile
coatings. Along with these, increasing quality and performance standards in textile coating based
fabrics are also driving the market.
Browse 83 market data tables and 31 figures spread through 138 pages and in-depth TOC on “Textile
Coatings Market - Global Forecast to 2021”
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“Asia-Pacific is the key market for textile coatings”
Asia-Pacific dominated the textile coatings market in 2015. China is the largest consumer of textile
coatings in the world. The demand for textile coatings is driven by the diverse industrial markets
ranging from building & construction, automotive, industrial, and protective clothing, among others.
The ensuing increase in investments and rise in the number of new manufacturing establishments
are anticipated to lead Asia-Pacific to emerge as the prime driver for the growth of textile coatings
market.
“Industrial segment to be the fastest-growing market for textile coatings”
Industrial segment for textile coatings includes industries such as oil & gas and manufacturing
among others. Growth in oil & gas and manufacturing industry will drive the textile coatings market.
North America is expected to witness growth in oil & gas and manufacturing industry due to the
recent discoveries of shale gas and shale oil in the region and strong manufacturing base in the U.S.
Other countries such as Argentina, India, UAE, South Africa, Australia, Malaysia, and Chile are
estimated to exhibit the fastest-growth in the manufacturing industry. China accounts for the largest
manufacturing industry globally, and is also amongst the leading oil & gas countries in terms of
production and consumption. All these factors will account for its fastest-growth in textile coatings
market.
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“Thermoplastics type textile coatings will account for the largest market share”
The global textile coatings market was dominated by thermoplastics, as it was largest in terms of
both value and volume, in 2015. This is due to the fact that PVC is the most used coating for various
applications due to its reduced cost, easy weldability, and range of colors available. In addition, it