openPR Logo
Press release

The global textile auxiliaries market is expected to witness an absolute dollar opportunity of nearly US$ 4,400 Mn between 2016 and 2026.

08-14-2018 11:55 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

The global textile auxiliaries market is expected to witness

Global textile auxiliaries sales are projected to reach 2.58 million tonnes in 2017, up from 2.49 million tons in 2016. In terms of value, the global textile auxiliaries market will reach US$ 7.76 Bn in 2017.

Demand will remain strong in Asia Pacific excluding Japan (APEJ) – the largest and the fastest growing market for textile auxiliaries. Textile auxiliaries sales in APEJ were valued at over 829 thousand tonnes in 2016.

Request Sample Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-4006

Key factors fuelling demand of textile auxiliaries include,

Sustained demand from sports and medical equipment industry. Increasing applications of textile auxiliaries across a wide range of end-use industries is expected to fuel demand in the foreseeable future.

Growth of construction sector in emerging economies of Brazil, Russia, India, and China is positively influencing demand for textile auxiliaries. Demand is especially strong for Buildtex – a technical textile suitable for construction purposes.

Environmental sustainability is gaining center stage globally, influencing companies to opt for eco-friendly materials. This is promoting the use of textile auxiliaries, especially Oekotech.

Textile auxiliaries sales are also influenced by growth of the global textile chemicals market. As per 2014 data, textile chemicals accounted for nearly 2% of the US$ 785 billion global specialty chemicals market.

In addition to aesthetics, textile and apparel companies in the U.S. and Europe are focusing on boosting functionality of their products. As a result, demand for functional finishes is witnessing an increase. Growth in the parent market is expected to fuel demand for textile auxiliaries market.

Surging demand for mobiltech textile auxiliaries in automotive sector is also contributing to the growth of the market.

Although Future Market Insights maintains a positive outlook on the global textile auxiliaries market, high price of finished products and toxic waste production have remained longstanding challenges. Production innovation and R&D can mitigate the impact of these challenges, and top players are working toward addressing these.

Request to View TOC @ https://www.futuremarketinsights.com/reports/textile-auxiliaries-market/toc

By product type, the global textile auxiliaries market is segmented into,

Pre-treatment agents

Softening agents

Anti-foaming agents

Odour absorbers

Corrosion inhibitors

Dyestuff

Finishing agents

Among these, pre-treatment agents is the highest-selling product type, selling over 660 thousand tonnes in 2016. Corrosion inhibitors accounted for the lowest demand among all product type segments.

By end-use, the global textile auxiliaries market has been segmented into,

Apparel

Home and institutional

Technical textiles

Digital printing

Apparels account for the bulk of demand for textile auxiliaries – in 2016, demand for textile auxiliaries from the apparel segment was worth 1.25 million tonnes. Technical textiles is the smallest segment in terms of volume sales.

APEJ is projected to remain the largest market for textile auxiliaries globally. The market in the region is anticipated to grow at 5.1% CAGR and surpass 1.37 million tonnes in volume by 2026. In terms of value, the APEJ textile auxiliaries market is expected to surpass US$ 4.5 billion by 2026.

Leading companies in the global textile auxiliaries market include Huntsman International, Tata Chemicals, Dow Chemicals, Evonik Industries, Archroma Limited, DyStar, Oleon, Rudolph GmbH, Zschimmer and Schwarz Gmbh & Co KG, and ChemDyes Sdn Bhd.

ABOUT US:

Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.

FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

CONTACT:
Future Market Insights
U.S. Office
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Web: https://www.futuremarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release The global textile auxiliaries market is expected to witness an absolute dollar opportunity of nearly US$ 4,400 Mn between 2016 and 2026. here

News-ID: 1179074 • Views: 100

More Releases from Future Market Insights

How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring

All 5 Releases


More Releases for APEJ

Ginger Market: APEJ to Present Attractive Growth Opportunities
The global ginger market is characterized by the presence of a large pool of established players, and therefore the market’s vendor landscape is fragmented and competitive in nature. The players are making use of new flavours in order to attract more customers and introducing new products with added nutrients, notes Transparency Market Research (TMR) in its report on the global ginger market. Some of the players within the market which
Card Printing Ribbon Market APEJ to Spearhead
According to a new study by Transparency Market Research (TMR), the business landscape in the global card printing ribbon market is highly competitive. Zebra Technologies, Entrust Datacard Corp., IdentiSys Inc., HID Global Corp., Evolis SA, NBS Technologies Inc., AlphaCard, Unicard Systems Pty. Ltd., Dai Nippon Printing Co. Ltd., and Idp Corp. are some of the leading players in this market. They are likely to focus on mergers and acquisitions in
Infrared Detectors Market APEJ Will remain an Highly Attractive
A recent report published by Transparency Market Research (TMR) reveals that the global infrared detectors market is set to soar at a CAGR of 8.9% during the forecast period (2017-2022). Increasing use of infrared detectors in industrial and manufacturing applications is likely to boost the global demand for infrared detectors during the forecast period. At the same time, infrared detectors are gaining momentum as a highly significant security apparatus. Moreover,
Rigid Food Containers Market APEJ to Remain Largest
The global rigid food containers market is projected to register a moderate 4 % CAGR throughout the forecast period (2017-2022), according to a new study by Future Market Insights (FMI). The report estimates the global rigid food containers market to surpass revenues worth US$ 80,000 Mn by 2022-end. Key Takeaways from FMI’s Report on Global Rigid Food Containers Market Rigid food containers will continue to find the largest applications in ready-to-eat food
Shrimp Market APEJ to Dominate the Global
Future Market Insights’ new report titled “Shrimp Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)” studies the overall performance of the highly competitive global shrimp market for the assessment period of 10 years. The global shrimp market is anticipated to expand at a significant CAGR over the forecast period and APEJ is likely to dominate the market by grabbing maximum revenue share during the assessed 10 year period. Revenue from
Aquafeed Market APEJ to Remain Dominant in Regional
A US$ 50 Bn market, the global aquafeed market has been largely concentrated in the APEJ region for over two decades, owing to a large supply of fresh water in the region and a thriving aquaculture market. While North America will continue to witness significant growth during the forecast period, the MEA market is slated to display great potential in the coming years, owing to a cheap labour force and