Global Textile Finishing Chemicals Market , By Type (Softening Finishes, Repellent Finishes, Wrinkle Free Finishes, Coating Finishes, Mothproofing Finishes), Process (Pad-Dry Cure Process, Exhaust Dyeing Process), Chemical Type (Textile Auxiliaries, Textile Colorants, Textile Finishes), Application Type (Exhaust Application, Pad-Cry Cure Application), Product (Coating & Sizing Chemicals, Colorants & Auxiliaries, Finishing Agents, Surfactants, Desizing Agents, Bleaching Agents, Scouring Agents, and Yarn Lubricants), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Textile Finishing Chemicals Market Analysis and Insights : Global Textile Finishing Chemicals Market
Textile finishing chemicals market will reach at an estimated value of USD 11.46 billion and grow at a rate of 5.30% for the forecast period of 2021 to 2028. Growing demand for technical fabrics is a vital factor driving the growth of textile finishing chemicals market.
Textile chemicals are the type of chemicals that are used in the apparels, textiles, furniture and others. These chemicals differ in colours, finishing properties, surfactants. Textile finishing chemicals are the type of chemicals which are used to achieve the desired textile property’s finish.
Increasing demand for clothing and home furnishing is the vital factor escalating the market growth, also increasing demand from the rapidly rising apparel industry, increase in the disposable incomes along with increased penetration of organized retail, rising development in apparel industries for increasing consumer demands, increasing demand of home furnishing and eco-friendly products, rising demand of technical textiles all over the globe and rising demand for technical fibers are the major factors among others driving the textile finishing chemicals market . Moreover, rising adoption of eco-friendly fabric finishes for textile manufacturing, rising research and development activities in the market and increasing modernization and technological advancements in the machinery will further create new opportunities for the textile finishing chemicals market in the forecast period of 2021- 2028.
However, rising stringent regulations on the disposal of fabric finishing effluents, rising unfavourable effects of textile chemicals on environment and rising stringent government regulations over harmful chemicals used in textile finishing chemicals market are the major factors among others acting as restraints, while rising exposure to toxic chemicals will further challenge the growth of textile finishing chemicals market in the forecast period mentioned above.
This textile finishing chemicals market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on textile finishing chemicals market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Textile Finishing Chemicals Market Scope and Market Size
Textile finishing chemicals market is segmented on the basis of type, process, chemical type, application type and product. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- Based on type, the textile finishing chemicals market is segmented into softening finishes, repellent finishes, wrinkle free finishes, coating finishes and mothproofing finishes.
- On the basis of process, the textile finishing chemicals market is segmented into pad-dry cure process and exhaust dyeing process.
- Based on chemical type, the textile finishing chemicals market is segmented into textile auxiliaries, textile colorants and textile finishes.
- Based on application type, the textile finishing chemicals market is segmented into exhaust application and pad-cry cure application.
- The textile finishing chemicals market is also segmented on the basis of product into coating & sizing chemicals, colorants & auxiliaries, finishing agents, surfactants, desizing agents, bleaching agents, scouring agents, and yarn lubricants.
Textile Finishing Chemicals Market Country Level Analysis
Textile finishing chemicals market is analysed and market size, volume information is provided by country, type, process, chemical type, application type and product as referenced above.
The countries covered in the textile finishing chemicals market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the textile finishing chemicals market due to increased consumption of textiles for the purpose of many different applications, rising demand for many products like sports apparel, footwear, and various other leisure and sports products in various developing countries, expanding base of human population, and increasing urbanization in this region
The country section of the textile finishing chemicals market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Textile Finishing Chemicals Market Share Analysis
Textile finishing chemicals market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to textile finishing chemicals market.
The major players covered in the textile finishing chemicals market report are Evonik Industries AG., Wacker Chemie AG, Rudolf GmbH, GIOVANNI BOZZETTO S.p.A, Akzo Nobel N.V., Kiri Industries Ltd, Fashion Chemicals GmbH & Co. KG, OMNOVA Solutions Inc., Covestro AG, CHT Group, Clariant, Bayer AG, Sumitomo Chemicals Co. Ltd., Sarex, Quality Colours (London) Ltd, Buckman., The Lubrizol Corporation, Omya, Transfar Group Co., Ltd., Chungyo Chem, Kolor Jet Chemical Pvt. Ltd., Jay Chemical Industries Ltd., Univar Inc, Americos Industries Inc., DPI Max, Inc and Astro American Chemical. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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