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European Textile Chemicals Market Size & Growth Analysis Report, 2020-2026

01-23-2021 08:23 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

European Textile Chemicals Market Size & Growth Analysis

The European textile chemicals market is estimated to witness a modest CAGR of 2.9% during the forecast period (2020-2026). Europe has some of the most developed countries and is one of the biggest markets for textiles, which makes the region a lucrative market for textile chemicals. Major factors contributing to the growth of the textile space in Europe include changing consumers’ shopping behavior such as a rise in demand for organic textile & fabrics and rising disposable income, which spurred the demand for textile chemicals in the region.
Due to the outbreak of COVID-19, the region had to witness non-essential businesses closing in the 2nd quarter of 2020. Owing to such closures, the textile and apparel sectors took a severe hit with most of the brands putting a break to their manufacturing. This resulted in retail stores recording major losses, which had a negative impact on the overall textile chemicals industry in the region. However, the 4th quarter of 2020, witnessed the opening up of the textile industry, which resulted in the textile chemicals space gaining momentum slowly.

Request a Free Sample of our European Textile Chemicals Market: https://www.omrglobal.com/request-sample/european-textile-chemicals-market

Furthermore, fast fashion has proven to be a lucrative sector in the apparel industry. Growth in demand has been aided by children requiring regular clothing, as school uniform is not worn in Germany. Parents, therefore, look for fashionable clothing at affordable prices as they are required to spend money on a variety of other items. This has bolstered the demand for textile chemicals in the apparel manufacturing segment.

A full Report of European Textile Chemicals Market is Available at: https://www.omrglobal.com/industry-reports/european-textile-chemicals-market

Market Coverage

• Market number available for – 2019-2026
• Base year- 2019
• Forecast period- 2020-2026
• Segment Covered- by Type and Application
• Countries Covered- UK, Germany, Italy, Spain, France, and Rest of Europe
• Competitive Landscape- AB Enzymes, Croda International PLC, Evonik Industries AG, Koninklijke DSM N.V., and Tanatex Chemicals B.V.

Europe Textile Chemicals Market Report Segment

By Type

• Colorants & Auxiliaries
• Coating & Sizing Chemicals
• Surfactants
• Desizing Agents
• Finishing Agents
• Others

By Application

• Apparels
• Automotive Textile Chemicals
• Home Furnishing
• Industrial Textile Chemicals
• Others

By Raw Material

• Synthetic (Polyester, Nylon)
• Cotton
• Wool & Cashmere
• Silk
• Rayon/Viscose
• Other

Europe Textile Chemicals Market Report Segment

• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe

Company Profiles
• AB Enzymes GmbH
• Achitex Minerva SpA
• Archroma
• Arkema SA
• Borealis AG
• CHT Germany GmbH
• Covestro AG
• Croda International PLC
• Evonik Industries AG
• Giovanni Bozzetto SpA
• INEOS AG
• KemiraOyj
• Koninklijke DSM N.V.
• LyondellBasell Industries N.V.
• Nouryon
• Rudolf GmbH
• Solvay SA
• Tanatex Chemicals B.V.
• Wacker Chemie AG

Reasons to Buying From us –
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/european-textile-chemicals-market

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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