Coated Technical Textile Market Size, Share, Industry, Forecast and Outlook (2024-2031)

Global Coated Technical Textile Market is segmented By Type (TPU Coated Fabrics, PVC Coated Fabrics) By Product (Coated Fabrics, Coated Yarns, Others) By Coating (Polyurethane (PU), Polyvinyl Chloride (PVC), Silicone, Rubber, Chemical Resistance, Oil Resistance, Others) By Functionality (Fire Resistance, Water Resistance, UV Resistance, Antimicrobial, Others) By Raw Material (Rubber, Polymer, Others) By Application (Automotive, Construction, Healthcare, Sports and Leisure, Agriculture, Mining, Aerospace, Others) By Region (North America, Europe, South America, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031

Market Overview

The Global Coated Technical Textile Market reached US$ 16.4 billion in 2022 and is expected to reach US$ 28.0 billion by 2031, growing with a CAGR of 6.9% during the forecast period 2024-2031.

The coated technical textile industry is being shaped by a notable trend in the integration of functional and smart coatings. More capabilities, such as temperature control, self-cleaning and conductive qualities, have been developed for coatings thanks to technological breakthroughs. Consumer electronics, healthcare and the automotive sectors are just a few of the areas for which smart coatings are appropriate since they may offer extra features like sensing and monitoring capabilities.

The increase in building and infrastructure development globally has had a beneficial effect on the coated technical textile industry. Architectural membranes, roofing materials and geotextiles are just a few of the many items that coated technical textiles are used. High-performance materials that provide durability, weather resistance and energy efficiency are in greater demand due to the world's fast urbanization, population increase and growing emphasis on sustainable construction techniques.

Asia-Pacific is among the growing regions in the global coated technical textile market covering more than 1/3rd of the market. The Asia-Pacific coated technical textile industry is seeing developments and improvements that are in line with the region's dedication to environmentally friendly technology and ethical production processes, which is driving market expansion as sustainability becomes a focus point in the market.

Market Scope

For more details on this report - Request for Sample

Market Dynamics

Increasing Use in the Healthcare and Medical Sectors 

Growing uses in the healthcare and medical industries are driving the expansion of the global coated technical textile market. Medical textiles, such as curtains, surgical gowns and other protective apparel, are made in large part using coated fabrics. As healthcare facilities place a higher priority on infection control and patient safety, there is a growing demand for medical textiles with antimicrobial coatings, water-resistant polymers and other sophisticated coatings.

For Instance, in 2022, An antimicrobial solution created by a start-up housed at the Indian Institute of Technology (IIT), Delhi, offers a durable defense against hospital-acquired diseases when it is coated onto textiles. The "Viroclog," developed by the startup company "Medicfibers," reduces surface energy, inhibits microbial adherence and compromises the integrity of microbial membranes when coated on textiles.

Growing Demand for Technical Textiles with Coatings in Automotive Applications

The growing demand for technical textiles in the automotive industry is propelling the globally coated technical textile market's notable expansion. The demand for coated technical textiles, which are renowned for their sturdiness, water resistance and aesthetic appeal, has increased as the automobile sector continues to prioritize lightweight and high-performance materials to improve fuel economy and fulfill strict safety criteria.

The growing inclination of consumers for sophisticated and personalized car interiors is fueling this trend even further and generating a healthy market for coated textiles in the automotive industry. In automobile applications, coated textiles are essential because they offer protection for the outside, interior components and upholstery

Compliance Standards and Strict Regulations

The market for coated technical textiles is governed by strict laws and compliance requirements about quality, safety and ecological impact. To create environmentally friendly coatings, follow safety procedures and guarantee product quality, producers must engage in research and development to meet these standards.

The testing, certification and other expenses associated with complying with these rules might impede the expansion of the industry. Manufacturers must also continuously monitor and adjust due to the intricacy and variances in rules across various areas and nations, which further complicates their operations.

Supply Chain of Raw Material

The global coated technical textile market is confronted with difficulties due to disturbances in the supply chain, including the supply of basic materials. The production processes of coated technical textiles can be adversely affected by several factors, including but not limited to trade disputes, geopolitical conflicts and the current COVID-19 pandemic, which can interrupt the seamless flow of materials.

Furthermore, producers may experience uncertainty due to price variations for important raw materials such as polymers and specialized chemicals used in coatings. Abrupt price fluctuations can hurt profit margins and impede the expansion of the market because these materials frequently represent a substantial share of manufacturing expenses.

Segment Analysis

The global coated technical textile market is segmented based on type, product, coating, functionality, raw material, application and region.

Increasing Use Coated Fabrics Due to Growing Demand for High-Performance Materials

The coated fabrics segment is among the growing regions in the global coated technical textile market covering more than 1/3rd of the market. The use of coated textiles has increased dramatically as a result of the growing need for high-performance materials with improved water resistance, durability and protective qualities in a variety of industries, including healthcare, construction and automotive.

The textiles are essential for a variety of purposes, including medicinal textiles, architectural membranes and automobile upholstery. Additionally, as enterprises place an increasing focus on ethical business practices, improvements in coating technologies including the creation of sustainable and eco-friendly coatings contribute to the rising industry. Coated fabrics' adaptability and ongoing innovation position them as vital components in a variety of industries, supporting the market's steady rise for coated technical textiles globally.

Geographical Penetration

Growing Building, Transportation and Manufacturing Sectors in Asia-Pacific

Asia-Pacific has been a dominant force in the global coated technical textile market. The robust industrialization and infrastructural development occurring across nations like China and India is driving the rise of the globally coated technical textile market, with the Asia-Pacific playing a major role in this growth.

The building, transportation and manufacturing sectors in these countries have seen significant expenditures, which has increased demand for coated technical textiles for applications including automotive components, geotextiles and architectural membranes. The need for high-performance materials with attributes like water resistance, durability and flame retardancy is being driven by the growing urbanization and infrastructure developments in the Asia-Pacific, which is fueling the market expansion for coated technical textiles.

Furthermore, coated technical fabrics are becoming more popular in the region as a result of strict worker safety standards and a rising awareness of environmental sustainability. Asia-Pacific manufacturers are producing coated textiles with environmentally friendly coatings and satisfying international standards in response to the need for industries to find compliant and eco-friendly solutions. 

For Instance, in 2021, IMCD N.V., a leading chemicals and ingredients distributor, acquired Shanghai Yuanhe Chemicals Co., Ltd. in China. The move strategically expands IMCD into the Chinese coatings market, aligning with the company's commitment to sustainability, especially in the Coatings and Construction Business Group. The acquisition enhances IMCD's position in China and reinforces its focus on providing environmentally friendly coatings solutions.

COVID-19 Impact Analysis

The global coated technical textile market has been significantly impacted by the COVID-19 pandemic, which has presented many possibilities and challenges for industry players. Governments imposed lockdowns and restrictions as the virus spread over the world, upsetting supply networks and briefly decreasing industry activity.

Due to this disturbance, coated technical textile manufacturing and distribution were hampered, which resulted in project schedule delays and a brief slowdown in market expansion. The pandemic brought to light the significance of coated technical textiles in many vital applications, such as the healthcare and medical fields.

The requirement for medical gowns, personal protective equipment (PPE) and other items connected to healthcare caused a spike in the demand for materials with antimicrobial coatings, water resistance and other protective properties. Businesses in the coated technical textile sector repurposed manufacturing lines and looked into innovations to satisfy the market's changing expectations during the pandemic to adapt to these shifting demands.

As economies reopen and industrial activity picks up, the coated technical textile industry is anticipated to rebound. Sustained development prospects may result from the increased awareness of the significance of protective textiles in healthcare settings and other areas. To handle new difficulties and capitalize on new uses, the industry is expected to see a greater concentration on research and development. 

Russia-Ukraine War Impact Analysis

The globally coated technical textile market has been significantly impacted by the Russia-Ukraine war, with manufacturing and supply chains being affected. The fighting has upset the peace in the region, which might have an impact on both nations' export and production capacities. Considering that Russia and Ukraine are major participants in the global textile market, particularly in the manufacturing of technical textiles, the war has resulted in higher production costs, unpredictable raw material availability and logistical difficulties for producers.

In addition, the geopolitical tension has caused changes in the dynamics of commerce and market needs. The state of affairs is being closely watched by manufacturers and other industry players in the coated technical textile sector, as it might have an impact on their plans for investment, market strategies and sourcing.

Furthermore, the confrontation between Russia and Ukraine has raised questions about the stability of the world economy as a whole. The market demand, investment choices and consumer spending are all impacted by the unpredictability and possible economic penalties, which also have an impact on the coated technical textile industry and other sectors. 

Key Developments

• On December 08, 2023, Endutex acquired the operations of Ultraflex Europe Ltd, a digital print media supplier, giving the growing European technical coated textile group a new distribution base in UK. The firm has spent the last thirty years as a member of USA-based Ultraflex business, although for a significant portion of that time, it operated independently and with limited trading cooperation with the corporation. Competitive Landscape

Competitive Landscape

The major global players in the market include Rivertex Technical Fabrics Group, U-Long High-Tech Textile Co., Ltd., Trelleborg AB, Haining Shengke Textile Materials Co. Ltd., Arville Textiles Limited, Sioen Industries NV, C&E Limited, Nam Liong Global Corporation, Colmant Coated Fabrics and Heytex Bramsche GmbH.

Why Purchase the Report?

• to visualize the global coated technical textile market segmentation based on type, product, coating, functionality, raw material, application and region and understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development. 
• Excel data sheet with numerous data points of coated technical textile market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as Excel consisting of key products of all the major players. 

The global coated technical textile market report would provide approximately 86 tables, 92 figures and 217 Pages.

Target Audience 2024

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies