Lining Market to Surpass a Valuation of US$ 6,145.8 Mn by 2032: ChemView Consulting

Lining Market Overview

According to a research survey conducted by ChemView Consulting, the current valuation of the Global Lining Market is worth US$ 4,273.6 Mn in 2022. The market value of stainless steel is expected to reach US$ 6,145.8 Mn by 2032, growing at a CAGR of 3.7% over the forecast period.

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.

ChemView Consulting has analyzed that 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.

According to ChemView Consulting, 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.

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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)

Key Takeaways from the Lining Market

  • Based on the product type, polymer linings have consistently been in higher demand.Polymer linings have been highly developed thanks to technological improvements and the switch from solvent-borne to waterborne linings.
  • Based on the end-user, the marine segment controlled the overall market with the bulk market share.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.
  • 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.

Competition Summary

Key companies covered in the market study 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.

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Report Key Highlights

  • Detailed information on factors that will assist Global Lining’s growth during the next ten years
  • Assessment of the historical and current Global Lining Market size (2017-2021), market projections (2022-2032), and its contribution to the parent market
  • The growth of the market across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa
  • Segment-wise, country-wise, and region-wise market analysis
  • 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.)
  • Competition mapping, market share analysis, key strategies adopted by top players, and competitive tactical intelligence
  • Covid-19 impact on the market and how to navigate
  • Strategic market analysis and recommendations on crucial winning strategies

About ChemView Consulting

ChemView Consulting is a leading information, market intelligence, and business consulting firm serving worldwide Chemical & Materials, Food & Beverage, Oil & Gas, Clean Energy, and Packaging clients. 70% of the largest Forbes 1000 enterprises are our clients. We serve global clients across leading & niche market segments across Chemicals & Materials, Food & Beverage, Oil & Gas, Clean Energy & Power, and Packaging. ChemView Consulting serves clients in approximately 100 countries, with its office in the U.S. and delivery centers in India.

What sets ChemView Consulting apart?

  • Full-time research experts and subject matter experts
  • In-house primary research team
  • The in-house data visualization team
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