openPR Logo
Press release

Textile Finishing Chemicals Market | Key players operating in the market include Huntsman Corporation, Wacker Chemie AG, The Dow Chemical Company, BASF, Archroma

04-27-2020 10:36 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MarketsandMarkets

Textile Finishing Chemicals Market

Textile Finishing Chemicals Market

According to recent market research "Textile Finishing Chemicals Market by Type (Softening Finishes, Repellent Finishes, Wrinkle Free Finishes, Coating Finishes, Mothproofing Finishes), Process (Pad-Dry Cure Process, Exhaust Dyeing Process), Application , Region - Global Forecast to 2024", The global textile finishing chemicals market is expected to grow from USD 6.2 billion in 2019 to USD 8.2 billion by 2024, at a CAGR of 5.5% during the forecast period. The major factors driving the market include the growing demand of technical textiles and functional home textile finishes. However, stringent environmental regulations regarding the disposal of textile finishing effluents serve to be a major restraint for the market.

Browse 93 market data Tables and 54 Figures spread through 157 Pages and in-depth TOC on "Textile Finishing Chemicals Market - Global Forecast to 2024"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/textile-finishing-chemical-market-38378136.html

Among the different types of textile finishing chemicals available, the softening finishes type is the fastest-growing segment. Softening finishes are increasingly used because they help the textiles to achieve a softness (supple, pliant, sleek, and fluffy), smoothness, more flexibility, better drape, and elasticity. In addition, softening finishes also help in reducing the wear and tear of apparel, provide a refreshing fragrance, reduce the risk of germ build-up, shape retention etc. The market is mainly driven by increasing use in clothing textiles and home textiles.

Among the different processes available in the textile finishing chemicals market, the pad-dry cure process is the fastest-growing segment. Almost all types of finishing chemicals are applied to the textiles using this process. This is the parent process for several different finishing treatments. It is assumed that multiple finishes may be applied to the solution bath, therefore the impacts of this stage are the same regardless the number of finishing treatments applied, thus making it the most common process of application for textile finishing chemicals.

For more Details Speak to Our Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=38378136

The global textile finishing chemicals market is estimated to grow from USD 6.2 billion in 2019 to USD 8.2 billion by 2024, at a CAGR of 5.5% during the forecast period. The market is witnessing significant growth globally due to the rising demand for finishing chemicals in various applications. The increasing demand for technical textile and functional home textile finishes is expected to drive the textile finishing chemicals market, globally. However, stringent regulations for the disposal of textile finishing effluents pose as a major restraint for this market.

Huntsman Corporation (US), Wacker Chemie AG (Germany), The Dow Chemical Company (US), Archroma (Switzerland), Evonik Industries (Germany), Dupont (US), Solvay SA (Belgium), Tanatex Chemicals B.V. (Netherlands), and Dystar Singapore PTE Ltd. (Singapore) are the leading textile finishing chemicals manufacturers, globally. These companies adopted expansion, new product development, joint venture, and merger & acquisition as their key growth strategies between 2015 and 2019 to earn a competitive advantage in market.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=38378136

Huntsman Corporation (US) is one of the leading players in the textile finishing chemicals market. The company has been focusing on organic strategies, such as expansion and new product development, to maintain its leading position in the market. For example, in October 2019, the company introduced ERIOPON E3-SAVE dying auxiliary, which significantly reduces the cost of polyester dyeing. It's an eco-friendly dyeing auxiliary that saves time, water, and energy by enabling pre-scouring, dyeing, and reduction clearing in a single bath. Also, in April 2015, Huntsman textile effects extended its HIGH IQ performance assurance program. This helps mills, brands, and retailers meet customer demands.

Wacker Chemie AG (Germany) is another major player in the textile finishing chemicals market. In November 2019, the company started up a new silicone metal production site, at Holla site in Norway, increasing the total capacity of the site by 40%. In October 2019, the company presented new polymer- and -silicone based products for the manufacture of coatings, adhesives, and sealants at ABRAFATI 2019. Moreover, in April 2017, the company concluded an agreement with STC Silicones (Brazil) on the co-branding of the ready-to-use silicone products to strengthen its position in the region.

Contact:

Mr. Sanjay Gupta
MarketsandMarkets(TM) INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: newsletter@marketsandmarkets.com
Press Release: https://www.marketsandmarkets.com/PressReleases/textile-finishing-chemical.asp
Research Insights: https://www.marketsandmarkets.com/ResearchInsight/textile-finishing-chemical-market.asp

About MarketsandMarkets(TM)

MarketsandMarkets(TM) provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets(TM) for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets(TM) are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets(TM) now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets(TM) is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forsecasts of niche markets.

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 Textile Finishing Chemicals Market | Key players operating in the market include Huntsman Corporation, Wacker Chemie AG, The Dow Chemical Company, BASF, Archroma here

News-ID: 2025420 • Views:

More Releases from MarketsandMarkets

Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your Revenue
Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your R …
The global laser interferometer market is expected to be valued at 315 million in 2024 and is projected to reach USD 447 million by 2029, at a CAGR of 7.2% from 2024 to 2029. Emerging applications in industries push the market's growth due to the growing demand for precision in the manufacturing sector. However, challenges such as higher initial investments and maintenance costs cause problems. Despite these, opportunities arise for
With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to Surpass USD 36.7 billion
With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to …
The battery testing, inspection, and certification market is projected to reach USD 36.7 billion by 2029 from USD 14.9 billion in 2024 at a CAGR of 19.6% during the forecast period. Increasing adoption of EVs and energy storage systems, rising enforcement of stringent standards to ensure battery safety, thriving portable electronics industry, and rapid advances in battery technology are the major factors contributing to the market growth. Download PDF Brochure @
Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMarkets
Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMar …
The global RTLS market for healthcare is projected to grow from USD 2.3 billion in 2024 to USD 5.7 billion by 2029, at a compound annual growth rate of 19.6% from 2024 to 2029. As it attracts more and more players who enter this market with innovative RTLS features for customers, the market for RTLS technology is rapidly increasing. Top companies in this market focus on healthcare, retail, and manufacturing
Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2030 | Leading key players are ABB, Schneider Electric, Eaton, Vertiv
Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2 …
According to a research report "Offsite Data Center Power Infrastructure Market by Component (Solutions and Services), Vertical (BFSI, Media & Entertainment, Government & Defence, Healthcare, Manufacturing, IT & Telecom, Retail) and Region - Global Forecast to 2030" published by MarketsandMarkets, the market size for global offsite data center power infrastructure market is projected to reach approximately USD 35.4 billion by the year 2030, as compared to the estimated value of

All 5 Releases


More Releases for Chemical

Nickel Nitrate Market Size, Key Players: UMAI CHEMICAL, The Shepherd Chemical Co …
Nickel nitrate is an inorganic compound that is used in various applications, including electroplating, catalysts, and as a precursor for the production of other nickel compounds. The nickel nitrate market is expected to grow in the coming years, driven by the increasing demand for nickel in various applications such as the automotive and electronics industries. Get a Free Sample Copy of the Global Nickel Nitrate Market Research Report at https://www.reportsnreports.com/contacts/requestsample.aspx?name=6914387 Market segmentation Nickel
Pharma Grade Ethylmalonate Market Analysis and Forecast To 2028 | Hebei Chengxin …
"In the past few years, the Pharma Grade Ethylmalonate market experienced a huge change under the influence of COVID-19 and Russia-Ukraine War, the global market size of Pharma Grade Ethylmalonate reached the predicted milestone in 2022 with the rising CAGR from 2017-2022. Facing the complicated international situation, the future of the Pharma Grade Ethylmalonate market is full of uncertain. Report predicts that the global Pharma Grade Ethylmalonate market size will
Phosphorus Pentachloride market Key Players| Xuzhou Weiruipu Chemical, Xuzhou Ho …
A Comprehensive research study conducted by KD Market Insights on " Phosphorus Pentachloride (CAS 10026-13-8) Market - By Product Type (Qualified: content?98.0%, First grade: content?99.0%, High class products: content?99.5%), By Application (Pharmaceutical Industry, Dye Industry, Chemical Industry, Other) & Global Region Market Size, Share, Trends and Forecast 2018-2023" report offers extensive and highly detailed historical, current and future market trends in the global and regional/market. The Phosphorus Pentachloride market report includes market size, growth drivers,
Global 4-Hydroxybenzaldehyde Market 2019 - Jiaxing Jinhe Chemical, Suzhou Inter- …
4-Hydroxybenzaldehyde is an important fine chemical product and intermediate for organic synthesis, with wide use in pharmaceutical, aromatizer, pesticide, electroplating and liquid crystal industries. 4-Hydroxybenzaldehyde is a white or pale yellow crystalline powder, which is mainly made from para-cresol. Applications of 4-hydroxybenzaldehyde include Pharmaceutical, Aromatizer, Pesticide, Electronic and so on. Among those applications, Aromatizer accounts for the largest market share, which was about 65.60% in 2016. The 4-hydroxybenzaldehyde industry is highly concentrated
Calcium Nitrate Market Survey 2017 - Yunli Chemical, Leixin Chemical, Uralchem, …
Calcium Nitrate Market Research 2017 A market study ” Global Calcium Nitrate Market ” examines the performance of the Calcium Nitrate market 2017. It encloses an in-depth Research of the Calcium Nitrate market state and the competitive landscape globally. This report analyzes the potential of Calcium Nitrate market in the present and the future prospects from various angles in detail. The Global Calcium Nitrate Market 2017 report includes Calcium Nitrate market Revenue,
Global Glutaric Dialdehyde Market 2017 : Jinghong chemical, TNJ Chemical, Xinjin …
A market study based on the "Glutaric Dialdehyde Market" across the globe, recently added to the repository of Market Research, is titled ‘Global Glutaric Dialdehyde Market 2017’. The research report analyses the historical as well as present performance of the worldwide Glutaric Dialdehyde industry, and makes predictions on the future status of Glutaric Dialdehyde market on the basis of this analysis. Get Free Sample Copy of Report Here : http://bit.ly/2iIAeTe Top Manufacturers