Textile Chemicals Market to Witness Huge Growth by Key Players: Dow, Inc, BASF SE, Wacker Chemie AG, Huntsman Corporation, Solvay

Global Textile Chemicals Market 2021-2026, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market. An exclusive data offered in this report is collected by research and industry experts team.

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The global Textile Chemicals Market is estimated to be USD 26.5 billion in 2021 and is projected to reach USD 33.1 billion by 2026, at a CAGR of 4.6% from 2021 to 2026. This report spread across 185 Pages, Profiling 10 Companies and Supported with 184 Tables and 28 figures are now available in this research.

Top Companies Profiled in the Textile Chemicals Market:
• Dow Inc. (US)
• BASF SE (Germany)
• Wacker Chemie AG(Germany)
• Huntsman Corporation(US)
• Solvay (Belgium)

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Synthetic fibers is the fastest-growing by fiber type segment in the Textile Chemicals market.The growth in this segment is attributed to the growing use of Textile Chemicals in industrial applications. Synthetic fibers are man-made fibers derived from polymers or chemical substances. They have superior qualities than those of natural fibers and have wide industrial applications. Synthetic fibers include polymer nylon, polyester, olefin, acrylic, and modacrylic.

Petroleum Refining is the fastest-growing application segment in the Textile Chemicals market Petroleum refining Textile Chemicals are widely used in the dehydration of alkylation feed and in the purification of feedstock to protect isomerization catalysts in refining. These Textile Chemicals remove a wide variety of contaminants effectively and economically from numerous hydrocarbon streams in petroleum refineries through non-regenerative and regenerative Textile Chemicals.

APAC accounted for the largest share of the Textile Chemicals market in 2020. The Textile Chemicals market in APAC is driven by the demand from countries such as China, Japan, and India. Rapid industrialization, mainly in emerging economies such as China and India, has been one of the major factors driving the global Textile Chemicals market. The region’s strong industrial base and the growing middle-class populations have driven the demand for a variety of textiles such as technical textiles, home textiles, and apparel.

Competitive Landscape of Textile Chemicals Market:
1 OVERVIEW
2 KEY PLAYER STRATEGIES/RIGHT TO WIN
3 MARKET RANKING
3.1 ARCHROMA
3.2 DOW, INC.
3.3 HUNTSMAN CORPORATION
3.4 TANATEX CHEMICALS
3.5 RUDOLF GMBH
4 COMPANY EVALUATION QUADRANT
4.1.1 Star
4.1.2 Pervasive
4.1.3 Emerging leader
4.1.4 PARTICIPANT
5 COMPETITIVE BENCHMARKING
5.1 STRENGTH OF PRODUCT PORTFOLIO
5.1.1.1 BUSINESS STRATEGY EXCELLENCE
6 COMPETITIVE SCENARIO AND TRENDS
6.1 DEALS
6.2 OTHERS

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Research Coverage:
The report covers the Textile Chemicals market based on type, application, and region. This study aims at estimating the size and future growth potential of the market across various segmentation types. It also includes an in-depth competitive analysis of the key market players, along with their profiles and key growth strategies.

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This release was published on openPR.