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” Download PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=188567907 Early buyers will receive 10% customization on this report. “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. Make an Inquiry @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=188567907 “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
can be easily painted or printed. PU being an eco-friendly textile coating, and its acceptance by the manufacturers in North America and Europe, will also support the market for thermoplastics type textile coatings. The global textile coatings market has a large number of market players; however the market is dominated by some of the major players, such as Covestro AG (Germany), Huntsman International LLC (U.S.), Solvay SA (Belgium), Clariant AG (Switzerland), BASF SE (Germany), Omnova Solutions Inc. (U.S.), Sumitomo Chemical Company (Japan), Lubrizol Corporation (U.S.), and Tanatex B.V. (Netherlands), among others. About MarketsandMarkets MarketsandMarkets is the world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. Contact: Mr. Rohan Markets and Markets UNIT no 802, Tower no. 7, SEZ Magarpatta city, Hadapsar Pune, Maharashtra 411013, India 1-888-600-6441 Email: sales@marketsandmarkets.com