Lining Market

Global Lining Market Size Analysis

According to a research survey conducted by ChemView Consulting, in 2022, the Global Lining Market was worth US$ 4,273.6 Mn and is expected to grow at a CAGR of 3.7% over the forecast period. While the historical CAGR is 3.2%, the market is expected to hit US$ 6,145.8 Mn by 2032 end.

A lining is an inner layer of fur, fabric, or any other material inserted inside handbags, hats, curtains, luggage, and garments in tailoring and stitching. Linings provide a tidy finish and cover exposed padding, interfacing, and seams. It is also used to hide a variety of other construction-related elements. The rising desire for lining in clothing is anticipated to fuel expansion in the worldwide lining market.

Market Dynamics

DEMAND FROM THE TEXTILE INDUSTRY TO WIDEN THE SCOPE OF USE OF LININGS IN GARMENTS

The rapid economic development of several nations and the rising standard of living of the populace is expected to drive the expansion of the worldwide lining industry. Additionally, rising affluence, urbanization and commercialization, awareness of current trends and fashion, and changes in people’s lifestyles are projected to propel the expansion of the global lining market during the assessment period.

Due to the increased demand for stylish clothing, the textile industry is seeing significant expansion. Certain styles of clothing must have lining due to changes in fashion. In the textile industry, lining textiles are widely used for various apparel lines. The global lining market is anticipated to rise in size over the coming years due to the expansion of the textile sector.

Market Segments Covered in Report

By Product Type:

• Polymer
• Rubber
• Ceramic & Carbon Brick Line
• Tile Lining

By Chemistry:

• Solvent-borne
• Waterborne
• Powder

By End-Use:

• Marine
• Oil & Gas
• Construction
• Power Generation
• Chemical Industry
• Automotive
• Mining and Metal Processing
• Others

By Region and Country:

• North America (U.S., Canada)
• Latin America (Brazil, Mexico, Rest of Latin America)
• Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
• Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
• Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
• Africa (South Africa, Nigeria, Egypt, Rest of Africa)

Segment-Wise Analysis

Why is polymer linings market expected to register high value?

Polymer linings have consistently been in higher demand across all product categories due to their remarkable resistance to various chemicals. At the moment, polymer linings dominate the world market for linings. Polymer linings have been highly developed thanks to technological improvements and the switch from solvent-borne to waterborne linings. The worldwide linings market is predicted to expand at a CAGR of 4.0% in terms of volume.

Why is the Marine segment expected to contribute to the maximum sales in the Lining Market?

Fast-moving industrialization and expanding marine traffic are the major factors driving the linings industry. Despite slow growth, seaborne trade still accounts for almost 80.0% of total international trade volume and more than 70% of total international trade value. The most economical method of shipping big, bulky items, particularly liquid cargo, worldwide is through marine trade. Additionally expanding is the worldwide shipbuilding sector. The shipbuilding sector works on new vessel design and production and MRO (maintenance, repair, and overhaul) services for older boats.

Region-Wise Analysis

The regions analyzed for the market include North America, Europe, Latin America, Asia Pacific, the Middle East, and Africa.

• 4% of the world’s linings market’s revenue came from the Asia Pacific Region, and it is anticipated that this region will continue to dominate this industry over the next years.
• Over the projection period, the North American linings market is anticipated to experience strong value-volume CAGR growth.

Competition Analysis

From the perspective of competition, the lining industry has undergone substantial changes in recent years. Key companies use collaboration, acquisition, and expansion as their main growth and survival strategies in the worldwide Lining market.

The key developments in the Global Lining Market are:

• In October 2018, Amsterdam-based Fabryo Corporation S.R.L., a manufacturer of decorative paint in Romania, was purchased by Akzo Nobel N.V. Six distribution centers and two mortar, adhesive, and decorative paint manufacturing plants are included in the purchase. AkzoNobel is projected to emerge as one of the top leaders in the decorative paints market following the acquisition.

A list of some of the key suppliers present in the market are:

• Taiwan Dyeing & Fabric Co., Ltd
• Ozege Mensucat
• Loyal Textile Mills Ltd.
• Nirmal Cloth House
• Narayani Tex Fab
• Shreeji Polyfab Pvt. Ltd.
• Kundkund Textile
• Union developing group of China Ltd.
• Jerseytex Limited
• Cosmo
• Han International
• Yunjie Textiles Co., Ltd.

Global Lining Market 2022-2032: Report Coverage and Highlights

• Assessment of the historical and current market size (2017-2021), market projections (2022-2032), and its contribution to the parent market
• Key drivers, restraints, opportunities, and key emerging trends impacting market growth
• Predictions on critical supply, demand, and technological trends and changes in consumer behavior
• Value chain analysis (list of manufacturers, distributors, end-users, average profitability margins, etc.)
• Segment-wise, country-wise, and region-wise market analysis
• Competition mapping, market share analysis, key strategies adopted by top players, and competitive tactical intelligence
• Key product innovations and regulatory framework
• Covid-19 impact on the market and how to navigate
• Strategic market analysis and recommendations on crucial winning strategies