The textile coatings market is witnessing substantial growth. Technological advancements are driving the demand for textile coatings in various end-use industries such as transportation, building and construction, protective clothing, industrial, medical, and other industries.
Covestro is accelerating the expansion of its thermoplastic polyurethanes business by raising its stake in the Joint Venture DIC Covestro Polymer Ltd. (DCP) from 50% to 80%.