TextileBinders Market: Introduction
In terms ofvalue, the global textile bindersmarket is anticipated to expand at a CAGR of ~4% from 2020 to 2030. Textilebinders are used in printing paste to print several types of natural fiberssuch as silk, cotton, wool, and viscose due to their ability to react withchemicals in printing paste in order to bond colors to fibers after beingsteamed. Additionally, textile binders provide high wash fastness that enablescolor retention even after washing. Pigment dyes are the independent type offibers that are utilized to print on synthetic and natural fabrics.Additionally, these dyes are primarily utilized in traditional printingtechniques, as the process is highly economical.
Increase in Adoption of TextileBinders in Textile Industry to Boost Textile Binders Market
Textileprinting is the process of applying colors to fabrics in definite patterns ordesigns. In properly printed fabrics, the color is bonded to the fiber in orderto resist washing and friction. Pigment colorant is a colored organic substancethat is not readily soluble in most common solvents and imparts coloration totextile substrates only when incorporated with an adequate binder system.Pigment binder is the latex polymer resin that forms a three-dimensional filmon the surface of the fiber. This film contains dispersion of the textilepigment and helps adhere the pigment to the substrate surface. The permanenceof this film is dependent on the polymer type and application conditions. Thedemand for textile binders is increasing, with new innovations and developmentsacross the globe. Expanding base of applications in end?use industries, such asapparel and sportswear, is driving the demand for textile binders across theglobe.
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Acrylic Copolymer Witness HighDemand in Textile Binders Market
Based onmaterial, the acrylic copolymer segment is projected to expand at a CAGR ofmore than 4% during the forecast period.Pigment printing agents are employed in large quantities, primarily in textileswith functional effects. The demand for textiles with innovative functionaleffects is high across the globe, due to the high adoption of modern materialsamong end users. This is likely to boost the lucrativeness of the acryliccopolymer segment during the forecast period. The demand for pigment printingis primarily driven by rise in demand for modern apparel and clothing materialsin the region. Thus, increase in the popularity of modern apparel and clothingmaterials; and growth in the production of textile products with new designsare projected to boost the acrylic copolymer segment of the textile bindersmarket in Asia Pacific during the forecast period.
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Fabric Printing & Coating aMajor Application of Textile Binders
Based onapplication, the global textile binders market has been segregated intoflocking, fabric coating & printing, lamination, and others. In terms ofconsumption, fabric coating & printing was the leading application segmentof the global textile binders market in 2019. Thistrend is expected to continue in the near future. Fabric coating & printingis a major application of textiles binders in developed and developingcountries. Textiles binders are employed in the production of apparel in thefabric coating & printing. This, in turn, is driving the demand for textilebinders in apparel production. Flocking is anticipated to remain a lucrativesegment of the global textile binders market during the forecast period. Thiscan be ascribed to increase the adoption of flocking products in manufacturingof t-shirts, car glove boxes, packaging for perfumes, floor coverings,scrubbing pads, etc.
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Asia Pacific to be Lucrative Regionof Textile Binders Market
In terms ofconsumption, Asia Pacific accounted for a dominant share of the global textilebinders market in 2019, due toincrease in the popularity of modern apparel and clothing materials in China,India, and countries in the ASEAN sub-region, where textile binders are used asintermediate raw materials in textile printing. Fabric coating & printingis a major application of textiles binders in developed and developingcountries. Textiles binders are employed in the production of apparel in fabriccoating & printing. This, in turn, is driving the demand for textilebinders in apparel production. Flocking is anticipated to remain a lucrativeapplication segment of the global textile binders market during the forecastperiod. This can be ascribed to increase in adoption of flocking products inmanufacture of t-shirts, car glove boxes, packaging for perfumes, floorcoverings, scrubbing pads, etc.
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Competition Landscape
The globaltextile binders market is highly fragmented. The top players such as ArchromaCorporate, Fineotex Group, Dow, Camex Ltd., OMNOVA Solutions Inc., and ArkemaSA cumulatively held more than 50% share of the global textile binders marketin 2019.Key manufacturers operating in the global textile binders market are Organic Dyes And Pigments Llc,Pioneer Chemicals Inc., Scott Bader Company Ltd., Hemanjali Polymers Pvt. Ltd.,SETEX, and 3J Chemicals.
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