San
Francisco, 08 April , Textile Chemicals Market By Product (Coating &
Sizing, Colorants & Auxiliaries, Finishing Agents, Surfactants, Desizing
Agents, Bleaching Agents, Scouring Agents, Yarn Lubricants), By Application,
And Segment Forecasts, 2018 - 2025
The global textile chemicals market value
is anticipated to exceed USD 30.70 billion by 2025, according to a new report
by Grand View Research, Inc. The rising consumer demand for innovative and
styled clothing products is expected to be a key factor steering the market
growth in the coming years.
Due
to increased disposable income and high purchasing power especially in the
emerging economies such as China, India, Russia, and Brazil is anticipated to
result in increased demand for textile chemicals in the next eight years.
However, stringent regulatory laws implemented on the usage of fabric chemicals
due to its hazardous impact on environment and human health is expected to
remain a critical challenge for the manufacturers.
Home
furnishing applications dominated the textile chemicals market with demand
exceeding 3,600 kilo tons in 2015. Apparel segment accounted for over 25% of
global revenue in 2015. Increasing usage of specialty chemicals in emerging
application segments such as medical, industrial, and construction textiles is
expected to further boost the market growth in the next eight years.
Access Full
Research Report On Textile Chemicals Market Analysis:
Further key findings from the report
suggest:
·
The global textile chemicals
demand was 9.78 million tons in 2015 and is estimated to grow at a CAGR of 3.4%
over the forecast period to reach a total market size exceeding 13 million tons
by 2025
·
Coating and sizing chemicals
was the largest consumed product category with a total worth of USD 6,353.5
million in 2015 while accounting for just over 30% of the global demand in 2015
·
Asia Pacific textile chemicals
industry is expected to witnessed the fastest growth and is expected to grow at
a CAGR of 4.2% from 2016 to 2025. Expansion of key textile manufacturing
players in the region, coupled with increasing domestic consumption of novel
textile products is expected to support the region to maintain its dominance
over the forecast period.
·
Technical textile application
segment is estimated to witness the fastest growth over the next nine years.
The U.S. product market in the segment is anticipated to grow at a CAGR of 3.8%
from 2016 to 2025 to reach a net worth of USD 930.1 million by 2025
·
The global industry is
discreetly fragmented with the top five enterprises accounting for over 50% of
the total revenue in 2015. Major companies identified in this industry include
BASF, Dow Chemical Company, Bayer AG, Huntsman International LLC and Sumitomo
Chemicals Co. Ltd.
Browse More Reports Of This
Category By Grand View Research At: https://www.grandviewresearch.com/industry/plastics-polymers-and-resins
Grand View Research has
segmented the textile chemicals market on the basis of product, application and
region:
Textile
Chemicals Product Outlook (Volume, Kilo Tons; Revenue, USD Million 2014 - 2025)
·
Coating & Sizing Chemicals
o
Dispersants/levelant
o
Fixative
o
UV absorber
o
Other
·
Finishing Agents
o
Water-repellent
o
Flame retardants
o
Lubricants
o
Other
·
Surfactants
o
Wetting Agents
o
Detergents
o
Emulsifying Agents
o
Dispersing Agents
·
Desizing Agents
·
Bleaching Agents
·
Scouring Agents
·
Yarn Lubricants
Access Full Press Release of this Report: https://www.grandviewresearch.com/press-release/global-textile-chemicals-market
About Grand
View Research
Grand View Research, Inc. is a U.S. based market research
and consulting company, registered in the State of California and headquartered
in San Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
For more
information: www.grandviewresearch.com/
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