Global Textile Coating Market: Key Highlights
Global Textile Coating Market: Key Market Dynamics
Global Textile Coating Market: Regional Overview
Asia-Pacific textile coating market is emerged as the promising region and is expected to continue the trend in the years to follow. The market is mainly attributed to rapid industrialization in the emerging nations such as India. Since last few years, the manufacturing industry in the Asia is growing and emerged as the largest manufacturing industry across the globe owing to ongoing urbanization and higher contributing in the global trade activities. Technological development in oil & gas, automotive, construction, and other industries, resulting to high demand for safe clothing and equipment, which is driving the market growth.
In North America, the market is expected to witness growth in the forecast owing to growing demand for the protective clothing from the manufacturing sector. Strict laws imposed by the Occupational Safety Health Administration (OSHA) to emphasize on the workers’ safety from the uncertain fire and explosions in the manufacturing facilities by using of protective apparels is expected to drive the demand for textile coating. Furthermore, increasing focus towards offering better medical access to the population is further fueling demand for the textile coating in North America.
Global Textile Coating Market: Key Players Overview
With global headquarters in the US, Huntsmann International LLC provides a range of chemicals for the industrial applications. The company offers polyurethanes, performance products, advanced materials and textile effect products. The company offers different polymers under the trade name: DICRYLAN, ZEROSTAT, FORNAX, FLOVAN dedicated for technical textiles and other high-performance application.
Covestro AG is the company offering high tech polymers across the industrial and agricultural, marine & ships, packaging, security and protection, sports and leisure and other application areas. The company offers polyurethane resins for textile coating to production of waterborne textile coating. In 2018, the company introduced new product range (Impraperm DL 5249 and Impraperm DL 5310) under the INSQIN, a textile coating for improving performance of the outdoor sports
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