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FABRIC WATER SHIELD MARKET REPORT OVERVIEW
The global fabric water shield market size size is expanded rapidly in 2023 and market is expected to generate substantial revenue by 2032, exhibiting a high compound annual growth rate (CAGR) from 2024 to 2032.
Global need for water- and stain-resistant industrial workwear, medical apparel, and upholstery use is anticipated to propel the sector forward. Fabric water shield is the process of treating fabrics and carpets to create an invisible barrier against stains and filth, which, most importantly, makes subsequent cleaning easier. The protector enters the cloth or fiber and, after drying, creates an imperceptible barrier there. The barrier aids in preventing spills from soaking deeply into the fabric of the treated item and leaving a permanent stain. Fabric water shield function by having an active element that is suspended in a transporting agent. The active substance is delivered to the fabric using all these transporting agents, which will evaporate once the task is completed.
Product producers are concentrating their R&D efforts on finding non-fluorinated water repellent coatings to replace fluorinated chemicals in the product. The manufacturers' efforts to lessen the negative effects of their products are anticipated to have a favorable effect on the fabric water shield market expansion of the sector. Due to its widespread use in a variety of clothing, including outerwear, leisure wear, work uniforms, and medical & surgical wear, for stain and water resistance. Also growing is the demand for waterproof components from the automotive sector. There is a demand for fabric water shield compounds everywhere, from the building industry to high-end cloth.
COVID-19 Impact: Halt on Manufacturing Operations to Slower Market Growth
The global COVID-19 pandemic has been unprecedented and staggering, with the fabric water shield market experiencing higher-than-anticipated/lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.
The global community was negatively impacted by the COVID19 infection's surge. The pandemic presented numerous obstacles for the fabric water shield market as well. Lockdown regulations during the pandemic forced a halt to production and operations. The supply chain was severely disrupted, and the gap between supply and demand widened. Due to the downturn in the building and automobile industries, the fabric water shield market was impacted. Yet, the beneficial characteristics of the water repellant compounds increased demand, which resulted in an increase in the fabric water shield market size for these substances.
LATEST TRENDS
"Growing Variety of Technologies to Boost Market Growth"
A small handful of suppliers with strong brand values dominate the fabric water shield market. Instead of external substitution, the industry is more likely to experience internal product substitution. For instance, fabric protection liquids, which are employed during the washing of clothing for cost-effective and time-constrained results, may compete internally with fabric protection sprays. High-quality fabric water shield is produced using a variety of technologies, including solvent-based and water-based processes. Moreover, growing use in a variety of industries will accelerate the fabric water shield market growth throughout the assessment period.
FABRIC WATER SHIELD MARKET SEGMENTATION
- By Type Analysis
As per the type, the market is classified as follows: Water Based and Solvent Based. The water-based segment dominates the fabric water shield market share.
- By Application Analysis
Based on application, the market is segmented as follows: Household and Commercial. The commercial segment leads the fabric water shield market share.
DRIVING FACTORS
"Growing Consumer Demand to Facilitate Market Development"
Growing consumer demand for these products in leisure time and adventurous sports apparel is anticipated to benefit fabric water shield market development. During the textile manufacturing process, products can also be utilized directly on fibers and yarns. Each fiber is shielded against moisture and stains by a molecular barrier that is impossible to remove with water. To keep the qualities of clothing made from these materials over time, washing should be done less frequently, at a constant temperature, and with the right care.
"Need for Protection Solutions to Promote Industry Progress"
It is anticipated that demand for fabric water shield will increase significantly, particularly for waterproofing suede and leather footwear. The need for footwear protection solutions is expected to increase as a result of the growing demand for high-end footwear and the growing preference for leather footwear among both young and older people. To prevent stains and waterproof upholstery, such as couches, rugs, and carpets, the products are extensively used. It has been discovered that these products work well with a variety of fabric types, including polypropylene, acrylic, rayon, and cotton. Increasing consumer spending on upholstery products by the middle- and upper-class people as well as commercial sectors like hotels and cafes is anticipated to positively affect the growth.
RESTRAINING FACTORS
"Limits on Harmful Organic Chemicals to Hinder Market Growth"
Without a doubt, there are numerous chances for fabric water shield market expansion. Yet, a few restrictions may slow the fabric water shield market's expansion. One such limitation is the introduction of limits on harmful organic chemicals by various governmental entities, which may ultimately limit the market potential for fabric water shield. The pandemic also had a significant impact on the fabric water shield market since it closed down industrial facilities and disrupted the supply chain.
FABRIC WATER SHIELD MARKET REGIONAL INSIGHTS
"Increase in Demand to Propel Market Progress in Asia"
Because of the presence of emerging economies with a growing population and rising consumer disposable income that are impacting consumer patterns and trends, the Asian region accounted for the greatest fabric water shield market share, accounting for 52.3% of the total revenue. It is anticipated that the rapid industrialization and thriving textile and apparel manufacturing industries in Asian nations like China, Bangladesh, and Vietnam will favorably affect the expansion of the fabric water shield market.
KEY MARKET PLAYERS
"Market Players Focus on New Product Launches to Strengthen Market Position"
Leading players in the market are adopting various strategies to expand their presence in the market. These include R&D investments and the launch of new, technologically-advanced products in the market. Some companies are also adopting strategies such as partnerships, mergers, and acquisitions to strengthen their market position.
LIST OF TOP Fabric Water Shield COMPANIES
- Scotchgard (U.S.)
- Bissell (U.S.)
- Woolite (U.S.)
- Rust-Oleum (U.S.)
- TriNova (U.S.)
- Nikwax (U.K)
REPORT COVERAGE
The report covers overall market aspects, including the market segmentation based on its type and application. The report depicts a diverse group of participants that includes the market and the potential market leaders. Major factors that are expected to drive major growth in the market. The factors anticipated to expand the market share are also included in the report to offer market insights. The estimated growth of the market in the forecast period is also included in the report. The regional analysis is completed to explain the region's dominance in the global market. The factors hindering the growth of the market are discussed in detail. The SWOT analysis of the market is depicted in the report. It contains all-inclusive market details.
Frequently Asked Questions
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What value is the fabric water shield market expected to touch by 2032?
Based on our research, the fabric water shield market is projected to generate substantial revenue by 2032.
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What CAGR is the fabric water shield market expected to exhibit by 2032?
The fabric water shield market is expected to exhibit a robust CAGR by 2032.
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Which are the driving factors of the fabric water shield market?
The growing consumer demand and need for protection solutions are the driving factors of the fabric water shield market.
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Which are the top companies operating in the fabric water shield market?
Scotchgard, Bissell, Woolite, Rust-Oleum, TriNova, and Nikwax are the top companies operating in the fabric water shield market.