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Textile Coatings Market Growth:
Washington, D.C., United States: Straits Research's latest report on, Textile Coatings Market - Global Industry Overview and Forecast 2022-2030, highlights potential, risk factor analyses, and enhanced with strategic and tactical decision-making assistance. The growth and regulatory factors impacting information consumption, the availability of highly dependable items in the market, and the improvement in operating efficiency of Textile Coatings industry players. According to the Straits Research, Textile Coatings Market Size Anticipated to grow at a higher CAGR During the Forecast Period. Textile Coatings Market Scope report covers market trends and development, drivers, capacities, technologies, and the changing dynamics of the Textile Coatings Market.
Competitive Landscape
Some of the prominent players operating in the Textile Coatings market are Covestro AG. (Germany), Huntsman International LLC (U.S.), Solvay SA (Belgium), BASF SE (Germany)., Omnova Solutions Inc. (U.S.), The Lubrizol Corporation (U.S.), DSM (Netherlands), Tanatex Chemicals ( India)., National Coating Corporation (U.S.), Textiles Coated International (Australia), The Dow Chemical Company (U.S.), Sumitomo Chemical Company (Japan) and Clariant AG (Switzerland).
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Studies explore the effects of COVID-19 on the upstream, midstream, and downstream sectors of the industry. In addition, this analysis provides extensive market estimations by putting an emphasis on data covering numerous factors that encompass market dynamics such as market drivers, market barriers, market opportunities, market risks, and industry news and trends.
This research also provides a dashboard view of prominent Organization, highlighting their effective marketing tactics, market share and most recent advances in both historical and current settings.
Global Textile Coatings Market: Segmentation
As a result of the Textile Coatings market segmentation, the market is divided into sub-segments based on product type, application, as well as regional and country-level forecasts.
By Type
Thermosets Cellulosic
Styrene butadiene rubber
Natural rubber
Others (Nitrile rubber, Butyl rubber etc.)
Thermoplastics
Polyvinyl chloride
Polyurethane
Acrylics
Others (Polyolefin, Nylons, EVA etc.)
Others (Silicone, Flouro polymers)
By Technology
Traditional
Advanced
Magnetron Sputtering
Plasma Coating
By End-Use Industry
Industrial
Fabric filters
Others
Transportation
Automotive upholstery
Airbag fabrics
Others
Building & Construction
Canopies and awnings
Scaffolding nets
Architectural membranes
Hoardings and signage
Others
Protective Clothing
NBC suits
Chemical protection clothing
Others
Packaging
Agriculture
Sports/Leisure
By Regions
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Australia
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA
The report forecasts revenue growth at all the geographic levels and provides an in-depth analysis of the latest industry trends and development patterns from 2022 to 2030 in each of the segments and sub-segments. Some of the major geographies included in the market are given below:
North America (U.S., Canada)
Europe (U.K., Germany, France, Italy)
Asia Pacific (China, India, Japan, Singapore, Malaysia)
Latin America (Brazil, Mexico)
Middle East & Africa
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The following are the report's key features:
It gives useful information on the Global Textile Coatings Market.
Information for the years 2022-2030 is provided.
Market-related important factors are highlighted.
The latest technological innovations, government restrictions, and developments are presented.
This paper investigates advertising and marketing techniques, market trends, and analysis.
Growth projections and analyses by forecast 2030.
The statistical analysis of the market's leading competitors is emphasised.
Textile Coatings Market summary based on extensive study.
Other aspects of the report include:
Provides a complete review of important tactics in numerous firms, with an emphasis on corporate structure, R&D processes, localization strategies, manufacturing capabilities, sales, and performance.
Provides essential product portfolio information, including product planning, development, and positioning.
Analyzes the role of significant market participants, as well as their collaborations, mergers, and acquisitions.
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The global thermoplastic elastomers market is set to gain traction from the rising demand for bio-based products to increase sustainability and support environmental protection. Fortune Business Insights™ published this information in a new study, titled, “Thermoplastic Elastomers Market Size, Share & Industry Analysis, By Type (Styrenic Block Copolymers, Thermoplastic Polyurethane, Thermoplastic Vulcanizates, Thermoplastic Polyolefins, Copolyester Elastomers, and Others), By Application (Automotive, Building & Construction, Footwear, Electrical & Electronics, Medical, and Others), and Regional Forecast, 2020-2027.” The study further mentions that the thermoplastic elastomers (TPEs) market size was USD 26,856.8 million in 2019 and is projected to reach USD 39,424.6 million by 2027, exhibiting a CAGR of 5.7% during the forecast period.
Information Source- https://www.fortunebusinessins....ights.com/thermoplas
How is This Report Developed?
We refer to secondary data sources, such as press releases of end-user facilities, investor presentations, annual reports, and industry journals to gather authentic information of the market. Our unique bottom-up approach helps in generating crucial data about the competitive landscape and recent industry developments, such as new product launches, collaborations, agreements, joint ventures, partnerships, contracts, and acquisitions. We also conduct extensive primary research to collect information about the current market trends.
Drivers & Restraints-
Increasing Need to Manufacture Automotive Gaskets to Aid Growth
People nowadays are demanding for lightweight vehicles worldwide. Hence, the automotive industry is conducting research and development activities to bring innovations. Thermoplastic elastomers are extensively used in automotive gaskets, exterior filler panels, and door & window handles. However, the fluctuating prices of crude oil may hamper the thermoplastic elastomers market growth in the near future.
Segment-
Automotive Segment to Grow Rapidly Backed by High Demand for Lightweight Vehicles
Based on application, the automotive segment dominated in 2019 by generating the largest thermoplastic elastomers market share. This growth is attributable to the rising demand for lightweight vehicles from the rapidly increasing population in numerous countries. TPEs are mainly used to manufacture boots, bonnets, exterior panels, and wipers of vehicles.
Regional Insights-
Surging Demand for Luxury Vehicles to Accelerate Growth in Europe
In 2019, Asia Pacific held USD 14,226.7 million in terms of revenue. It was in the leading position because of the high demand for TPEs from the footwear, construction, and automobile industries. Also, improvements in lifestyles of people are set to augment the economic development in Japan, India, and China. These would surge the middle-class population, thereby driving growth.
In North America, high disposable incomes of the masses, coupled with the rising technological advancements in the field of thermoplastic elastomers would propel growth. Europe, on the other hand, is expected to grow considerably backed by the increasing demand for luxury vehicles.
Competitive Landscape-
Key Players Focus on Expanding Production Capacity to Fulfill Needs amid COVID-19
The market for thermoplastic elastomers contains various prominent manufacturers that are mainly focusing on extending their production capacities to help manufacturers of medical equipment for catering to the high demand amid COVID-19. Below are the two latest industry developments:
August 2020: Lubrizol invested in its thermoplastic polyurethane business worldwide to support the high growth in surface protection applications. It would help the company to broaden its capacity in paint protection film (PPF) and surface protection, thereby delivering additional benefits to PPF supply chains, brand owners, and manufacturers.
May 2020: Huntsman started producing thermoplastic polyurethane (TPU) elastomers for company manufacturing PPE globally. These are nowadays being extensively used to produce cable jackets, face masks, valves, hospital gowns, and tubes amid the COVID-19 pandemic.
A list of all the renowned thermoplastic elastomers producers operating in the market:
Arkema SA (Colombes, France)
Covestro AG (Leverkusen, Germany)
Evonik Industries AG (Essen, Germany)
Teknor APEX Company (Rhode Island, U.S.)
BASF SE (Ludwigshafen, Germany)
Huntsman Corporation (Texas, U.S.)
Sinopec Group (Beijing, China)
Lubrizol Corporation (Ohio, U.S.)
Kraton Corporation (Texas, U.S.)
Tosoh Corporation (Tokyo, Japan)
Other Key Players
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