The textile chemicals market size reached USD 21.23 Billion in 2020 and is expected to register a revenue CAGR of 4.3% during the forecast period, according to latest analysis by Emergen Research. Rising demand for technical textiles as well as increased use of biodegradable and low Volatile Organic Compound (VOC) materials in textile manufacturing are some key factors driving global textile chemicals market revenue growth. In addition, increasing urbanization and industrialization in countries across the globe are trends projected to continue to support revenue growth of the market between 2021 and 2028.
The report, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry. It also covers strategies adopted by prominent players such as mergers and acquisitions, collaborations, joint ventures, product launches, and brand promotions, among others. The report aims to offer the readers a holistic understanding of the relevant features of the industry.
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Regional Analysis:
The report sheds light on the region expected to dominate the Textile Chemicals market in the coming years. The report estimates the market size in terms of volume and value and offers an accurate estimate of the market share each region is anticipated to hold during the forecast period. The report analyzes the spread of the Textile Chemicals market in key geographies covering North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The regional analysis offers an idea about the production and consumption pattern, import/export, supply and demand ratio, revenue contribution, market share and size, and the presence of prominent players in each region.
Some major companies in the market include BASF SE, Wacker Chemie AG, Solvay S.A., Huntsman Corporation, The Dow Chemical Company, Sumitomo Chemicals Co. Ltd., The Lubrizol Corporation, Tata Chemicals Limited, Kemira Oyj, and Evonik Industries AG
Market Overview:
The research report on the Textile Chemicals market is formulated through extensive primary and secondary research along with qualitative and quantitative analysis of vital aspects of the market. The insightful data is further validated and verified by the industry professionals. The report strives to offer deeper insights into the overall market scenario of the Textile Chemicals business sphere.
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Some Key Highlights from the Report
- Technical textile segment revenue is expected to expand at a significantly rapid CAGR during the forecast period due to increasing usage of textile chemicals in technical textiles. Usage is expected to rise due to rising awareness about better function and uses of such products in various industries.
- Coating & sizing agents segment is expected to register a significantly robust revenue growth rate over the forecast period. Sizing chemicals are widely used to improve yarn abrasion strength and resistance in weaving. Use of sizing chemicals lowers weaving hazards, including yarn fraying and breakage during weaving process.
- Asia Pacific is expected to register a significantly rapid revenue growth rate over the forecast period. Low manufacturing costs in countries in Asia Pacific, along with rapid introduction of cutting-edge technologies in the manufacturing process by companies is expected to drive revenue growth of the market in this region.
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Emergen Research has segmented the global textile chemicals on the basis of product type, fiber type, application, and region:
Product Type Outlook (Volume Tons, Revenue, USD Billion; 2018–2028)
- Colorants & Auxiliaries
- Fixative
- Dispersants & Levelant
- UV Absorber
- Other
- Coating & Sizing Agents
- Finishing Agents
- Flame Retardants
- Repellent and Release
- Antimicrobial & Anti-inflammatory
- Other
- Bleaching Agents
- Desizing Agents
- Yarn Lubricants
- Scouring Agents
- Surfactants
- Detergents & Dispersing Agents
- Wetting Agents
- Lubricating Agents
- Emulsifying Agents
- Others
Fiber Type Outlook (Volume Tons, Revenue, USD Billion; 2018–2028)
- Natural Fiber
- Synthetic Fiber
Application Outlook (Volume Tons, Revenue, USD Billion; 2018–2028)
- Home Textile
- Drapery
- Furniture
- Carpet
- Others
- Apparel
- Innerwear
- Outerwear
- Sportswear
- Others
- Technical Textile
- Others
Regional Outlook (Volume Tons, Revenue, USD Billion; 2018–2028)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Turkey
- Rest of MEA
ToC of the report:
Chapter 1: Market overview and scope
Chapter 2: Market outlook
Chapter 3: Impact analysis of COVID-19 pandemic
Chapter 4: Competitive Landscape
Chapter 5: Drivers, Constraints, Opportunities, Limitations
Chapter 6: Key manufacturers of the industry
Chapter 7: Regional analysis
Chapter 8: Market segmentation based on type & applications
Chapter 9: Current and Future Trends
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https://www.globenewswire.com/news-release/2020/12/15/2145151/0/en/Urban-Air-Mobility-Market-To-Be-Worth-USD-15-54-Billion-by-2030-Emergen-Research.htmlAbout Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy.
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