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Textile Auxiliaries Market Industry Outlook, Growth Prospects and Key Opportunities 2024

04-02-2018 01:44 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Transparency Market Research Reports

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Textile Auxiliaries Market Industry Outlook, Growth Prospects

Textile auxiliary is a group of textile chemicals used for various functions at different stages of textile processing. These stages include processes such as pre-treatment, dying, printing, and finishing. Textile auxiliaries are employed during textile processing to increase durability and esthetic appeal of textile products. Ability of textile auxiliaries to improve the functional properties of textile products has increased their utilization in the textile industry. Rise in production and consumption of textiles is expected to drive the global textiles auxiliaries market during the forecast period.

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The global textile auxiliaries market can be segmented based on type, application, process type, and geography. In terms of type, the global textile auxiliaries market can be divided into type 1, type 2, and type 3. Based on application, the global textile auxiliaries market can be segregated into apparels, automotive textiles, geotextiles, home furnishing, industrial textiles, smart textiles for military & defense, and others.

In terms of process type, the global textile auxiliaries market can be classified into pre-treatment, finishing, and dyeing & printing. The pre-treatment process prepares the fabric for finishing and dyeing. Most textile auxiliaries are used during this process. Ability of textile auxiliaries to improve the durability of fabric during the pre-treatment process is anticipated to propel their consumption in the pre-treatment processing stage of fabric during the forecast period.

Based on geography, the global textile auxiliaries market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. The U.S. and Canada are estimated to propel the textile auxiliaries market in North America. The U.K., Germany, France, Russia, Spain, Italy, and Sweden are the leading countries in the textile auxiliaries market in Europe. Asia Pacific is the dominant region of the textile auxiliaries market. China, South Korea, Japan, India, Thailand, the Philippines, Malaysia, Bangladesh, Sri Lanka, and Singapore are likely to dominate the textile auxiliaries market in Asia Pacific, with India being a rapidly developing market. India accounts for major share of the textile auxiliaries market. Israel, Turkey, the UAE, Iran, Egypt, Nigeria, Ghana, Kenya, and Saudi Arabia are some of the leading countries in the textile auxiliaries market in Middle East & Africa. The textile auxiliaries market in Latin America is dominated by Brazil, Mexico, Peru, Chile, Colombia, and Argentina.

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Several players operate at the regional and global level in the textile auxiliaries market. Key players include Archroma, Abitec Corporation, Achitex Minerva spa, Air Products & Chemicals Inc., AkzoNobel N.V., Berkshire Hathaway (Lubrizol Corporation), Buckman Laboratories Inc., Chemipol (Kothari Group), Covestro, Dainichiseika Color & Chemicals Mfg. Co.Ltd., Dow Chemical Company, Formosa Organic Chemical Industry Co.Ltd., Genesee Polymers Corporation, Huntsman Corporation, KC Chemical (M) Sdn. Bhd., Kemira, Kiri Industries, K-Tech (India) Ltd., L.N. Chemical Industries, Lonsen, Omnova Solutions Inc., and Ultra Additives Munzing.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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