From GlobeNewswire: 2025-04-23 09:45:00

The Textile Coatings Market was valued at USD 4.45 billion in 2023 and is projected to reach USD 6.52 billion by 2032, with a CAGR of 4.23% from 2024-2032. The market is driven by the demand for eco-friendly and high-performance coatings in various industries, with key players investing in R&D to meet sustainability guidelines.

The U.S. textile coatings market is growing due to regulatory policies and the need for protective textiles. Companies like Huntsman Corporation are developing advanced coatings for industrial workwear, aerospace, and healthcare applications. The market is driven by the increasing demand for coated textiles in various sectors.

Innovations in sustainable textile coatings are being accelerated by regulatory compliance and consumer demand for eco-friendly solutions. Companies like DuPont and Huntsman Corporation are leading the way in developing non-toxic and biodegradable coatings. The focus on sustainability is driving the adoption of recyclable and reusable coatings in the textile industry.

Thermoplastics dominated the Textile Coatings Market in 2023, accounting for 52% market share due to their flexibility and durability. Companies like Covestro and BASF have launched eco-friendly thermoplastic coatings that meet safety regulations. The ease of application and cost-effectiveness of thermoplastics have led to widespread adoption in various industries.

The Protective Clothing segment dominated the Textile Coatings Market in 2023 with a 30% market share, driven by demand in military, healthcare, and industrial safety sectors. Companies like DuPont and 3M are introducing innovative coatings to enhance the performance of protective garments. The surge in demand for PPE post-pandemic has further boosted this segment.

Asia Pacific held a 52% market share in the Textile Coatings Market in 2023, driven by strong manufacturing bases and increasing demand for high-performance textiles. Countries like China, India, and Japan are investing in textile production, with a focus on sustainable coatings. Major players in the region are aligning with global eco-friendly trends.

North America is the fastest-growing region in the Textile Coatings Market, driven by increased adoption in aerospace, medical, and industrial applications. The U.S. military’s investment in protective textiles and the demand for antimicrobial coatings in healthcare are key growth factors. Companies in the region are focusing on sustainable alternatives to traditional coatings.

In November 2023, Covestro launched Impranil CQ DLU, a bio-based PU dispersion with 34% plant-derived carbon for sports, automotive, and technical textile applications. This innovation aims to replace petroleum-based alternatives while maintaining durability. The market is witnessing continuous developments in sustainable coatings to meet environmental standards.



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