The global 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 Textile Chemicals Market report assesses the profound changes in this business setting caused by the outbreak and considers the prominent market aspects that have been severely disrupted by the pandemic. The report thus expounds on the rapidly changing market scenario in this COVID-19 era, which aims to help businesses involved in this sector overcome the pandemic’s gripping effects and formulate new growth strategies to boost the COVID-19 preparedness.
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Competitive Terrain:
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Textile Chemicals market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The leading market contenders listed in the report are:
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
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Emergen Research has segmented the global Textile Chemicals market on the basis of type, application, end-use, and region:
Segments Covered in this report are:
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
- Colorants Auxiliaries
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
- Home Textile
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report:
- Analysis and estimation of the Textile Chemicals Market size and share for the projected period of 2022-2030
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Textile Chemicals Market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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