Textile Coating Market Analysis to 2027 | Global Top 10 Companies, Surges in CAGR Rate, Growth Factors, Business Development and Industry Analysis
Market Synopsis: Textile coatings are gaining momentum and witnessing rising applications across major end-use industries. The assessment offered by Market Research Future (MRFR) has revealed that the global textile coatings market is poised to register a steady CAGR across the projection period 2017 to 2023. These coatings enable depositing polymeric resin on textiles. The benefits of the process have paved its way across different industry verticals. The growth of the clothing industry is the major factor responsible for the development of the textile coatings market in the forthcoming years. Increasing disposable income is likely to favor market expansion in the foreseeable future. These coatings are also extensively used in the automotive sector for the manufacturing of upholstery. The growing demand for vehicles is poised to encourage the revenue growth of the textile coatings market in the years to come. The constr...