Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Textile Coatings Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
How Will the Textile Coatings Market Grow Between 2024 and 2025?
The historical growth trend in the Textile Coatings market has been strong. The market size has increased from $6.36 billion in 2024 and is projected to reach $6.7 billion in 2025, growing at a compound annual growth rate (CAGR) of 5.4%.
How Much Will the Textile Coatings Market Be Worth in 2029?
The market size for textile coatings is forecasted to reach $8.18 billion by 2029, growing at a compound annual growth rate (CAGR) of 5.1%.
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Which Textile Coatings Market Drivers Are Linked to Revenue Growth?
The key Drivers in the textile coatings market are:
• Expansion and growth of the clothing industry
• Increased manufacturing of textile-based clothes and apparel
• Utilization of textile coatings in producing durable and quality textiles
• Application of textile coating formulations in fabric enhancement and protection
Which Segments Are Expected to Grow in the Textile Coatings Market?
The textile coatingsmarket covered in this report is segmented –
1) By Type: Thermoplastics, Thermosets, Other Types
2) By Coating Method: Direct Coating, Direct Roll Coating, Pad-Dry-Cure Coating, Foamed And Crushed Foam Coating, Hot Melt Extrusion Coating, Calender Coating, Other Coating Types
3) By Technology: Dot Textile Coating Technology, Full Surface Textile Coating Technology
4) By End-User: Clothing, Transportation, Construction, Home Furnishing, Healthcare
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What Are The Key Trends Impacting Growth In The Global Textile Coatings Market?
The key trends in the textile coatings market are:
• Companies in the textile coatings market are focusing on product innovation to enhance sustainability and meet the demand for eco-friendly materials.
• Bio-based textile coatings, derived from renewable biological resources, are gaining popularity.
• Maintenance of performance characteristics such as hydrolysis resistance and tensile strength in eco-friendly products is key.
• The versatility of eco-friendly textile coatings in various applications, highlights the commitment to environmentally friendly solutions in the industry.
Who Are the Key Competitors in the Global Textile Coatings Market?
The key players in the textile coatings market are:
• Covestro AG
• The Lubrizol Corporation
• Huntsman International LLC
• Solvay SA
• Clariant AG
• 3M Company
• Akzo Nobel N.V.
• Arkema group
• BASF SE
• DuPont de Nemours Inc.
• Eastman Chemical Company
• Evonik Industries AG
• KCC Corporation
• Omnova Solutions Inc.
• PPG Industries Inc.
• Sumitomo Chemical Company
• Tanatex Chemicals B.V.
• Dow Inc.
• Sherwin-Williams Company
• Valspar Corporation
• Wacker Chemie AG
• Zschimmer & Schwarz
• Archroma Management LLC
• LANXESS Aktiengesellschaft
• RPM International Inc.
Where Is the Textile Coatings Market Growing Fastest Between 2025 and 2029?
Asia-Pacific was the largest region in the textile coating market in 2024
