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@ 2016 Global Market Insight, Inc. USA. All Rights Reservedwww.fractovia.org Textile Coatings Market growth drivers in 2017 & Challenges by 2024.

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Presentation on theme: "@ 2016 Global Market Insight, Inc. USA. All Rights Reservedwww.fractovia.org Textile Coatings Market growth drivers in 2017 & Challenges by 2024."— Presentation transcript:

1 @ 2016 Global Market Insight, Inc. USA. All Rights Reservedwww.fractovia.org Textile Coatings Market growth drivers in 2017 & Challenges by 2024

2 @ 2016 Global Market Insight, Inc. USA. All Rights Reservedwww.fractovia.org  Overview  Covestro’s recent product launch demonstrates the company’s immense contribution toward Textile Coatings Industry. Elaborating further, Covestro recently introduced a new kind of polyurethane raw material dubbed Baymedix®, that finds applications in wound dressing and healing processes.Textile Coatings Industry  Deploying textile coatings to manufacture medical furniture coatings, bandages, surgical wear, and hospital bed linen has always remained at the center stage of the firm’s material development plans, the Baymedix launch being a pivotal instance of the same.  Covestro had recently demonstrated the application of Baymedix® across waterborne textile coatings and non-latex cohesive bandages at the INDEX TM 17 trade fair held in Geneva in April 2017. Experts state that having witnessed the product’s exceptional performance, other companies are likely to follow suit and bring about innovations in their product line, which would undeniably propel textile coatings market size in the years ahead.  In a key breakthrough witnessed across textile coatings market, Umbra Applied Technologies Group (UATG), a new entrant in the textile industry, has planned to introduce a new product line - Hygieia that has been touted to be the future of smart textiles. Foraying into the smart textile sector is certain to help the firm expand its presence across the smart technology business space in addition to the textile coatings industry

3 @ 2016 Global Market Insight, Inc. USA. All Rights Reservedwww.fractovia.org  Another textile market giant – the Cordura Brand of Invista, has collaborated with DuPont Tate & Lyle Bio Products LLC to manufacture eco-friendly fabrics. The new durable fabric is likely to attract footwear, textile, and gear designers subject to the fact that the fabric constitutes high performing coatings and membranes. This collaboration is thus, likely to open new growth avenues for the prospective deal participants, in addition to bringing about a dynamic change in textile coatings market.  Textile coatings find myriad applications in the production of hygiene textiles, sports clothing, protective clothing, and barrier textile. Silicone based elastomeric coatings are extensively used to coat nylon fabrics, industrial textiles, fiberglass, and polyester clothes. Today, silicone based coatings have found widespread applications in textiles with their ability to offer protection against ultraviolet radiations, heat, mechanical stress, and fire.  With their high insulating features, the products have become highly popular across welding blankets, insulation panels, and personal protective equipment (PPE) market, creating a massive spectrum of avenues for textile coatings industry.

4 @ 2016 Global Market Insight, Inc. USA. All Rights Reservedwww.fractovia.org Browse Full Research Report@ http://bit.ly/2EHzqZP http://bit.ly/2EHzqZP Request for a Sample of this Research report @ https://www.fractovia.org/request-sample/637

5 @ 2016 Global Market Insight, Inc. USA. All Rights Reservedwww.fractovia.org  A recent research study unearthed by a group of European researchers depicts the use of graphene to coat textiles and make them conductive. Apparently, this has been perfected by converting thermoplastic monofilament fabric fibers into conducting ones through a graphene coat.  This breakthrough is expected to open a new platform for creating integrated electronic equipment that can be directed into the fabrics. This coating technology is bound to bring about a transformative trend in textile coatings market in the near future, state experts.  U.S. textile coatings market, on the other hand, is expected to be driven essentially by product innovations. The region has been depicting prominent growth in the clothing and home furnishings sectors, which would subsequently impel the profitability landscape of U.S. textile coatings market, slated to grow at a CAGR of 4.5% over 2017-2024.  360 Analysis

6 @ 2016 Global Market Insight, Inc. USA. All Rights Reservedwww.fractovia.org Competitive Trends: The notable industries in Textile Coatings are  Clariant AG,  Huntsman International LLC,  Covestro AG,  Omnova Solutions Incorporation,  Royal DSM AG,  BASF SE,  Lubrizol Corporation Inquire Before Buying This Report@ https://www.fractovia.org/request-purchase/637 Request for a Sample of this Research report @ https://www.fractovia.org/request-sample/637

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