Arifur Rahman Siddique
Market Research Reports Search Engine (MRRSE) is one of the largest online catalogs of latest market research reports based on industries, companies, and countries. MRRSE sources thousands of industry reports, market statistics, and company profiles from trusted entities and makes them available at a click. Recently MRRSE released a report on “Textile Chemical Market- Complete study of current trends in the market, industry growth drivers.”
Chemicals that are generally used in fabric formation, fabrication, and yarn preparation and finishing are called textile chemicals. Textile chemicals can be in the form of the intermediates, compounds, chemicals etc. These include printing chemicals, pre-treatment chemicals, finishing chemicals, textile dyeing chemicals, anti static agents, and other specialty chemicals. Textile chemicals can be used in the applications such as home furnishing, apparels, industrial and others. Textile chemicals aim to endow the finished product with particular functions to improve and optimize the manufacturing process. Coating & sizing chemicals are used to provide inflammable characteristics to furniture fabrics, vehicle airbags, etc. Colorants and auxiliaries help provide color to textiles. More than 60 classes of functional chemical products are employed in coating & sizing chemicals, colorants & auxiliaries, finishing agents, surfactants, desizing agents, bleaching agents, yarn lubricants and other miscellaneous applications.
The DyStar Group, Lonsen Inc., The Dow Chemical Company,
Kiri Industries Limited, Huntsman International LLC,
Archroma, Solvay SA, Covestro AG, Pulcra Chemicals GmbH,
OMNOVA Solutions Inc., and The Lubrizol Corporation.
In terms of Consumer
- Asia Pacific was the largest consumer (55%) of textile chemicals, led by the high demand for coating & sizing chemicals products in China and India.
- Europe was the second-largest consumer of textile, owing to the rising demand for these chemicals in technical textile applications in Turkey and Germany.
- The market in North America is anticipated to expand at a modest rate during the forecast period.
Technological innovation and development of new textile chemicals is projected to act as the opportunity for the manufacturers of textile chemicals during the forecast period. Growth in the apparel and industrial industry is anticipated to propel the textile chemicals market during the forecast period. Furthermore, rising number of products of textile chemicals in various applications is likely to act as a major opportunity for the textile chemicals market in the near future.