What is the market size of Textile Coatings Market?

Global textile coatings market size was valued at USD 6.86 billion in 2022 and is poised to grow from USD 7.12 billion in 2023 to USD 9.6 billion by 2031, growing at a CAGR of 3.8% in the forecast period (2024-2031).

Textile Coatings Market Size & Share - Industry Growth

Textile Coatings Market Competitive Landscape

Companies are projected to invest heavily in the development of novel textile coatings that are capable of being used in different applications across numerous industry verticals. Textile coating suppliers should also focus on the smart textile trend to innovate and stand out from the competition. Growing use of textiles in different unique applications is also estimated to widen the scope of business for textile coatings companies in the future. Mergers, partnerships, acquisitions, and collaborations are also predicted to be important strategies that could allow market players to take their business to the next level. Textile coating manufacturers can also target the automotive industry and protective clothing industries to create new opportunities for themselves in the long run.

Top Player’s Company Profiles

Sumitomo Chemical Company

Huntsman International LLC

Archroma

Covestro AG

Textiles Coated International

BASF SE

Tanatex B.V.

Lubrizol Corporation

Solvay SA

National Coating Corporation

Omnova Solutions

Clariant AG

FAQs

Textile Coatings Market size was valued at USD 7.12 Billion in 2023 and is poised to grow from USD 7.39 Billion in 2024 to USD 9.96 Billion by 2032, growing at a CAGR of 3.8% during the forecast period (2025-2032).

As the global population expands, so does the need for new public infrastructure and this has led to increased construction activity. Growing demand for novel construction materials is also slated to bolster textile coatings market growth in the future.

Smart Textiles: The popularity of smart textiles is increasing in this digital world. Textiles that can be integrated with technologies such as IoT and AI are known as smart textiles, and they are slated to be popular in all industry verticals going forward. From healthcare to the military, the application scope of smart textiles is immense, and this offers new opportunities for textile coatings companies in the future.

North America accounts for a prominent chunk of the global textile coatings market share. This can be directly attributed to the high demand for protective clothing and robust automotive manufacturing activity in this region. High adoption of advanced textiles and growing integration of technology with clothes to create smart clothing are also creating attractive growth scope for textile coatings companies in this region. The United States and Canada are forecasted to be the top markets for textile coatings providers in this region.

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Textile Coatings Market Size, Share, Growth Analysis, By Type(Thermosets Cellulosic, Natural Rubber, Polyvinyl Chloride, Thermoplastics), By Application(Building & Construction, Transportation, Agriculture, Automotive), By Region - Industry Forecast 2025-2032

Textile Coatings Market Competitive Landscape

Textile Coatings Market Report Snapshots

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Textile Coatings Market Size, Share, Growth Analysis, By Type(Thermosets Cellulosic, Natural Rubber, Polyvinyl Chloride, Thermoplastics), By Application(Building & Construction, Transportation, Agriculture, Automotive), By Region - Industry Forecast 2025-2032

Textile Coatings Market Competitive Landscape

Textile Coatings Market Report Snapshots

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What is the global market size of Textile Coatings Market?

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