Title: Textile Coatings industry analysis research and trends report for 2017- 2024
1Textile Coatings Market growth drivers in 2017
Challenges by 2024
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2- Covestros recent product launch demonstrates the
companys immense contribution toward Textile
Coatings Industry. Elaborating further, Covestro
recently introduced a new kind of polyurethane
raw material dubbed Baymedix, that finds
applications in wound dressing and healing
processes. - Deploying textile coatings to manufacture medical
furniture coatings, bandages, surgical wear, and
hospital bed linen has always remained at the
center stage of the firms material development
plans, the Baymedix launch being a pivotal
instance of the same. - Covestro had recently demonstrated the
application of Baymedix across waterborne
textile coatings and non-latex cohesive bandages
at the INDEXTM 17 trade fair held in Geneva in
April 2017. Experts state that having witnessed
the products exceptional performance, other
companies are likely to follow suit and bring
about innovations in their product line, which
would undeniably propel textile coatings market
size in the years ahead. - In a key breakthrough witnessed across textile
coatings market, Umbra Applied Technologies Group
(UATG), a new entrant in the textile industry,
has planned to introduce a new product line -
Hygieia that has been touted to be the future of
smart textiles. Foraying into the smart textile
sector is certain to help the firm expand its
presence across the smart technology business
space in addition to the textile coatings industry
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3- Another textile market giant the Cordura Brand
of Invista, has collaborated with DuPont Tate
Lyle Bio Products LLC to manufacture eco-friendly
fabrics. The new durable fabric is likely to
attract footwear, textile, and gear designers
subject to the fact that the fabric constitutes
high performing coatings and membranes. This
collaboration is thus, likely to open new growth
avenues for the prospective deal participants, in
addition to bringing about a dynamic change in
textile coatings market. - Textile coatings find myriad applications in the
production of hygiene textiles, sports clothing,
protective clothing, and barrier textile.
Silicone based elastomeric coatings are
extensively used to coat nylon fabrics,
industrial textiles, fiberglass, and polyester
clothes. Today, silicone based coatings have
found widespread applications in textiles with
their ability to offer protection against
ultraviolet radiations, heat, mechanical stress,
and fire. - With their high insulating features, the products
have become highly popular across welding
blankets, insulation panels, and personal
protective equipment (PPE) market, creating a
massive spectrum of avenues for textile coatings
industry.
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5- A recent research study unearthed by a group of
European researchers depicts the use of graphene
to coat textiles and make them conductive.
Apparently, this has been perfected by converting
thermoplastic monofilament fabric fibers into
conducting ones through a graphene coat. - This breakthrough is expected to open a new
platform for creating integrated electronic
equipment that can be directed into the fabrics.
This coating technology is bound to bring about a
transformative trend in textile coatings market
in the near future, state experts. - U.S. textile coatings market, on the other hand,
is expected to be driven essentially by product
innovations. The region has been depicting
prominent growth in the clothing and home
furnishings sectors, which would subsequently
impel the profitability landscape of U.S. textile
coatings market, slated to grow at a CAGR of 4.5
over 2017-2024.
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6Competitive Trends
- The notable industries in Textile Coatings are
- Clariant AG,
- Huntsman International LLC,
- Covestro AG,
- Omnova Solutions Incorporation,
- Royal DSM AG,
- BASF SE,
- Lubrizol Corporation
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