Softline Coating Market Size | Global Industry Growth Report, 2025
As per credible estimates, Softline coating market is poised to acquire commendable gains by the end of 2025. Softline coatings offer additional features such as breathability, heat stability, stain & soil repellence, anti-abrasion, anti-scratch, waterproofing, and fire resistance. Rapid expansion of construction and transportation sectors is a major factor driving the Softline coating market growth.
Softline coating improves the performance of textiles, thus its widespread adoption for producing technical textiles is further aiding the market expansion. Increasing awareness and strict government regulations pertaining to safe working environment have impelled the demand for industrial protective clothing, which in turn is stimulating the industry outlook.
As per product type, Softline coating market is categorized into PVC, PU and others. The PVC Softline coating market segment is expected to register significant growth through 2025 as the product offers various benefits when applied in modern road vehicles such as cost-effectiveness as well as superior safety and quality. Since PVC is lightweight, it is used for designing fuel-efficient vehicles thereby reducing the environmental impact. Additionally, PVC is used in construction sector for numerous applications such as pipes, windows, flooring, roofing, and in lighter structures.
Based on the application spectrum, the market is bifurcated into building & construction, transportation and others. Global Softline coating market share from building & construction application is presumed to expand substantially during the forecast period. The product’s versatile, durability and lightweight characteristics make it ideal to be employed in the construction sector. Growing population in urban areas along with surging investments towards infrastructural development has enhanced the expansion of the construction industry. In addition, increasing refurbishment activities of existing infrastructure is further bolstering the demand for Softline coating.
As per the regional analysis, global Softline coating market is fragmented as Europe, North America, South America, Middle East & Africa, and Asia-Pacific. Meanwhile, Asia-Pacific Softline coating industry is predicted to record a considerable growth rate during 2020-2025. Rapid industrialization and urbanization coupled with growing utilization of Softline coating for manufacturing personal protective equipment (PPEs) are prime factors promoting the business scenario in Asia-Pacific region. Additionally, increasing disposable income and evolving consumer lifestyle have shifted consumer preference for personal cars, which in turn is creating lucrative growth opportunities for APAC Softline coating market.
Covestro AG, Clariant AG, Lubrizol Corp., Huntsman International LLC, Solvay SA, Sumitomo Chemical Co., BASF SE, Omnova Solutions Inc., and Tanatex B.V. are some of the prominent companies operating in global Softline coating market. These market majors are not only conducting various business strategies such as mergers and acquisitions, but are developing innovative products in order to gain a competitive advantage in the overall market.