Friday, May 24, 2024
spot_img
HomeNews & ViewsTextile & ApparelThe textile chemicals market in Europe is growing at 4.20 %

The textile chemicals market in Europe is growing at 4.20 %

textile-chemicals-marketA sharp growth in textile chemical market in Europe. Categories of the European textile chemicals market are finishing agents, coating and sizing chemicals, colorants and auxiliaries, surfactants, bleaching agents, desizing agents, and yarn lubricants. Coating and sizing chemicals are the largest segment in the market. However, the finishing agents segment is expected to catch up owing to the growing demand for high-quality fabrics. On the basis of application, the market is segmented into: indutech, sportech, mobiltech, buildtech, hometech, meditech, clothtech, protech, agrotech, packtech, geotech and oekotech. Mobiltech registered the highest growth in the market and accounts for a 25 per cent market share. The growth of the segment can be attributed to its extensive demand from industries such as railways, automotives, spacecraft, ships, and aircraft. The agrotech segment is expected to be the most rapidly developing application segment by 2020 owing to the extensive use of agrotech chemicals in horticulture, forestry, landscape gardening, floriculture, and agriculture. Rapid increase in the number of organic farms in Europe will further fuel the demand for agrotech chemicals.

YOU MAY ALSO LIKE

1 COMMENT

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Exhibition - spot_img
- Industry Associate - spot_img

Upcoming Events

Simillar News

Recent Random

PICVISA to Present Key Innovations at IFAT Munich 2024: Reuser and ECOFLAKE, the Future of Textile and Plastic Recycling

Textile Recycling Innovation with Reuser: An advanced system for the smart classification of textiles. ECOFLAKE Launch: Cutting-edge technology for the precise separation of plastic flakes....

Techno Sport Becomes the First Brand in India to Join Bluesign

Techno Sport, one of India’s best sportswear brands online based out from Tiruppur, India, became the first brand in India to join bluesign as a system partner. Their...

Outreach and Engagement is Essential for the Cotton Sector

Seshadri Ramkumar, Professor, Texas Tech University, USA Opportunities for cotton in non-commodity applications can arise based on effective outreach and engagement with broader audience. Cotton...