According to Markntel Advisors Report, Textile Chemicals Market is expected to grow at a significant growth rate, and the analysis period is 2023-2028, considering the base year as 2023. Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.
Textile Chemicals are compounds that treat materials during diverse manufacturing processes, from fiber treatment to finishing, and include stages like washing, scouring, dyeing, mercerizing, printing, and finishing, among others. Across the textile industry, these chemicals play a significance in achieving pre-defined textile properties, due to which these compounds have also become paramount for textile & apparel industries worldwide.
Global Textile Chemicals Market Research Report & Summary:
The Global Textile Chemicals Market is expected to grow at a CAGR of around 4.1% during the forecast period, i.e., 2023-28.
Time Period Captured in the Report:
- Historical Years: 2018-21
- Base Years: 2022
- Forecast Years: 2023-2028
Who are the Key Players Operating in the Textile Chemicals Market?
The top companies of the Textile Chemicals Market ruling the industry are:
Kiri Industries Ltd., OMNOVA Solutions Inc., German Chemicals Ltd., AB Enzymes, Organic Dyes and Pigments, Govi N.V., Resil Chemicals Pvt. Ltd., LANXESS, Dow, BASF SE, Huntsman International LLC, The Lubrizol Corporation, Archroma, Omya United Chemicals, BioTex Malaysia, Others
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Textile Chemicals Industry Recent Developments
- In May 2021, Cosmo Specialty Chemicals Private Limited announced the development of Microenz BS sourced through an enzymatic process, an environmentally-friendly alkaline pectatelyase, in order to help eliminate challenges like high ETP load, harsh chemical usage, and water & time wastage posed by chemicals when sourced through traditional processes.
The Textile Chemicals Market explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:
-By Fiber Type
-Natural Fiber
-Cotton
-Wool
-Synthetic Fiber
-Polyester
-Polyamide
-Viscose
-By Product
-Coating & Sizing Chemicals
-Colorants & Auxiliaries
-Desizing Agents
-Finishing Agents
-Surfactants
-Bleaching Agents
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-By Application
-Apparel
-Sportswear
-Outerwear
-Innerwear
-Home Furnishing
-Bed Linen
-Drapery
-Carpet
-Other
-Technical Textiles
-By Region
-North America
-South America
-Europe
-Middle East & Africa
-Asia-Pacific
Market Dynamics -Global Textile Chemicals Market:
Increasing Utilization of Sustainable Products in Textile Manufacturing - Backed by the stringent regulations imposed by the governments of different countries to bring environmental sustainability, numerous textile & chemical manufacturers are showing a keen inclination toward the use of green chemicals. Besides, a greater focus on achieving sustainability goals in countries is also encouraging & promoting the use of sustainable chemicals, hinting toward potential growth opportunities in the textile chemicals market during the forecast period.
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