Textile Chemicals - Global Market Outlook (2019-2027)
According to Stratistics MRC, the Global Textile Chemicals Market is accounted for $28.09 billion in 2019 and is expected to reach $44.77 billion by 2027 growing at a CAGR of 6.0% during the forecast period. Increasing trend towards better home furnishing and rise in disposable incomes are the major factors driving the market growth. However, stringent environmental regulations regarding disposal of these effluents is restraining the market growth.
Textile Chemicals are an integral part of different commercial and industrial areas, where any kind of fabric is utilized in operation. They are added during processing of fabric to convey specific features such as sweat absorbency, antimicrobial properties, stain resistance, texture required, and finish to the fabrics.
Based on application, the apparel segment is likely to have a huge demand due to the use of antimicrobial finishes while manufacturing these products as they help in the prevention of odor and bacterial contamination caused by the sweat trapped in clothes. By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to rapid growth of technologies, availability of cheap labor and rapid industrialization in the region. Also, increasing urbanization is expected to drive the market in the region.
Some of the key players profiled in the Textile Chemicals Market include Akzonobel N.V., Archroma, Bozzetto Group, Dowdupont, Dystar Group, Ethox Chemicals LLC, Evonik Industries, Huntsman, Indofil Industries Limited, Resil Chemicals Pvt Ltd, Rudolf Group, Sarex, Tanatex Chemicals, The Chemours Co and Wacker Chemie AG.
• Fabric Softenibg
Textile Types Covered:
Type of Chemicals Covered:
• Auxiliary Chemical Substances
• Functional Chemical Substances
• Other Type of Chemicals
• Bleaching Agents
• Coating & Sizing Agents
• Desizing Agents
• Scouring Agents
• Yarn Lubricants
• Finishing Agents
• Colorant & Auxiliaries
• Dyes & Dyestuff
• Technical Textile
• Home Textile
End Users Covered:
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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