Press release
With 5.97% CAGR, Denim Finishing Agents Market Size to Reach US$ 2.1 Billion 2022-2027
Denim Finishing Agents Market Report
What are the growth prospects of the denim finishing agents industry?
The global denim finishing agents market size reached US$ 1.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 2.1 Billion by 2027, exhibiting a growth rate (CAGR) of 5.97% during 2022-2027.
What is a denim finishing agents market?
Denim finishing agents are specialized additives for dyeing and bleaching denim jeans. They include enzymes, resins, softeners, defoamers, bleaches, crush resistance, and anti-back staining agents that help highlight the color of the fabric. They assist in eliminating the impurities and enhancing the stiffness of denim to ensure dimensional stability. Besides this, they aid in improving the appearance, luster, and water and flame resistance of the fabric. As a result, denim finishing agents are extensively used in making jeans, jackets, trousers, bags, and denim accessories.
Impact of COVID-19:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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What are the major market drivers in the denim finishing agents market?
Inflating disposable income of individuals and the rising demand for premium apparel are among the key factors positively influencing the market. In addition, the launch of novel skinny, stretchable, colored, and stain-resistant denim fabrics is creating a positive outlook for the market. Furthermore, leading manufacturers are focusing on introducing organic or bio-based finishing formulations and nano coatings for minimal environmental impact and easy biodegradation. Moreover, the proliferation of online shopping platforms and increasing investment by garment manufacturers in various promotional activities are driving the market.
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Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Product:
Enzymes
Resins
Softeners
Defoamers
Anti-Rusting Agent
Crush Resistant
Anti-Back Staining Agent
Others
Breakup by Enterprises Size:
Small and Medium Enterprises
Large Enterprises
Breakup by Distribution Channel:
Manufacturer/Distributor/Service Provider
Aftermarket
By Geography:
North America (United States, Canada)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
List of Major Key Players:
AB Enzymes GmbH (Associated British Foods plc)
Americos Industries Inc
Aplicación y Suministros Textiles S.A
BASF SE
Denimist Chemical Company
Huntsman Corporation
Kemin Industries Inc
Kunal Organics Pvt. Ltd
Nearchimica S.p.A
Organic Dyes and Pigments LLC
Rudolf GmbH
The Seydel Companies Inc
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