Global Textile and Fabric Finishing and Fabric Coating Mills Market Analysis & Forecast Report 2023-2032
Posted November 28, 2023 by sushmithatbrc
The global textile and fabric finishing and fabric coating mills market size will grow from $59.03 billion in 2022 to $63.72 billion in 2023 at a compound annual growth rate (CAGR) of 7.9%.
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https://www.thebusinessresearchcompany.com/report/textile-and-fabric-finishing-and-fabric-coating-mills-global-market-report
According to The Business Research Company’s Textile and Fabric Finishing and Fabric Coating Mills Global Market Report 2023, the global textile and fabric finishing and fabric coating mills market size will grow from $59.03 billion in 2022 to $63.72 billion in 2023 at a compound annual growth rate (CAGR) of 7.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of textile and fabric finishing and fabric coating mills is expected to grow to $81.74 billion in 2027 at a CAGR of 6.4%.
Increasing demand for online shopping is expected to drive the textile and fabric finishing and fabric coated products and thus benefiting the market. Manufacturers can now sell their products on a larger platform than before, which will increase their customer base geographically driving the growth of the textile and fabric finishing and fabric coating mills market.
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The textile and fabric finishing and fabric coating mills market is segmented:
1) By Type: Textile and Fabric Finishing Mills, Fabric Coating Mills
2) By Technology: Traditional, Advanced
3) By End-Use Industry: Transportation, Building and Construction, Protective Clothing, Industrial, Medical, Sports, Agriculture, Packaging
With concerns over the high consumption of water, air pollution, and waste generation, the textile industry is steering towards more environmentally sustainable methods of fabric coating. Manufacturers are figuring out more water efficient ways to dye the fabrics, which is the most water consuming stage of the fabric manufacturing process. Technologies such as aerated dyeing involves placing fabric in a super fluidic CO2 pressurized chamber with dye which reduces water and chemicals usage. This process saves up to 50% of energy and dye consumption, time, and more than 1000 liters of water per day. The process also saves costs by 40-60% per day for the coating companies. Arvind ltd., an Indian textile company manufacturing cotton garments, is collaborating with DyeCoo, a Dutch tech company, to exercise the concept of CO2 dyeing as an environment-friendly option.
The textile and fabric finishing and fabric coating mills market report table of contents includes:
1. Executive Summary
2. Report Structure
3. Textile and Fabric Finishing and Fabric Coating Mills Market Characteristics
4. Textile and Fabric Finishing and Fabric Coating Mills Market Product Analysis
5. Textile and Fabric Finishing and Fabric Coating Mills Market Supply Chain
....
21. Key Mergers And Acquisitions In The Textile and Fabric Finishing and Fabric Coating Mills Market
22. Market Background: Textile Manufacturing Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer
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| Contact Email | [email protected] |
| Issued By | The Business Research Company |
| Country | United States |
| Categories | Industry , Reports , Research |
| Tags | textile and fabric finishing and fabric coating mills market , textile and fabric finishing and fabric coating mills market size , textile and fabric finishing and fabric coating mills market trends |
| Last Updated | November 28, 2023 |