Carpet Chemicals Market growing at a CAGR of 6.2% through 2026

Global industry analysis

The Carpet Chemicals Market is predicted to witness significant growth in the coming years. According to recent market research, the Carpet Chemicals Market size is estimated to reach $15.7 billion by 2026, registering a compound annual growth rate (CAGR) of 6.2% by 2026.

Carpet chemicals are used in carpet manufacturing and subsequent cleaning. Most industrial carpets contain various chemical extracts. The chemicals are either applied externally as a topical action on the finished product or penetrated during carpet fiber manufacture. Fighting germs, dust mites, mold and mildew with carpet chemicals is one of the intended uses.

Chemicals used in carpets also act as anti-allergic, anti-skid and fire retardants. Some chemicals such as formaldehyde are used as preservatives and brominated flame retardants can be added as flame retardant chemicals, while others such as silver sodium hydrogen zirconium phosphate, zinc pyrithione and triclosan are used as antimicrobials.

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Some carpet chemicals are relatively stain-removing, while some very strong chemicals can help deep clean dirt. Citafresh, Odoban, Sensation Carpet Remover, and Grease Remover are types of chemicals used to clean carpets and remove stains.

However, carpet chemicals are inherently very hazardous because they contain high levels of volatile organic compounds (VOCs). As a result, all carpets today are tested four times a year for four emission categories: styrene, volatile organic compounds, 4-PC and formaldehyde, reducing air pollution from carpet chemicals.

Dynamics of the Global Carpet Chemicals Market

The global carpet chemicals market is expected to be driven by growth in the construction and restoration industry. An increasing number of residential as well as commercial buildings such as hospitals, hotels, schools, offices, etc. are increasing the demand for carpet, which also benefits the end-use market for carpet chemicals.

However, carpet's high VOC content has necessitated stringent regulations on carpet manufacturing and installation, resulting in a decline in the use of alternative flooring systems such as wood laminate flooring, ceramic tile, vinyl and linoleum flooring. , affecting the demand for carpets and thus impacting the growth of the global carpet chemicals market.

Chemicals currently used in carpet manufacturing and cleaning meet the mandatory criteria for environmentally friendly products.

Global Carpet Chemicals Market Segmentation

The global carpet chemicals market is segmented based on product type such as binders, moisture barriers, and antioxidants. On the basis of application, the global carpet chemicals market is segmented into residential and commercial. Residential includes homes, apartments, etc. Commercial includes schools, offices, healthcare, retail, banks, commercial property managers, funeral homes, churches, hospitality, hotels, and more.

Global Carpet Chemicals Market: Regional Outlook

Geographically, the global carpet chemicals industry can be divided into major regions covering North America, Latin America, Western and Eastern Europe, Asia Pacific, Japan, and Middle East and Africa. North America has the largest global market share for carpet chemicals. Asia Pacific holds the second largest share of the global carpet chemicals market, followed by Europe, Latin America, Middle East, Africa and Rest of the World.

Global Carpet Chemicals Market Players

Key players in the value chain of the global carpet chemicals market include Devan Chemicals, The Rug Cleaning Company, Omnova Solutions Inc., Amtech UK, Rotovac Corporation, American Textile LLC., Daycon Products Co. Inc., Altret Industries Pvt. and so on. Ltd., Dynamic Specialty Chemicals Ltd., Chemical Specialties Manufacturing Corporation, Jon-Don Inc., Namco Manufacturing, Stepan Company and others.

The company is emphasizing R&D and new product development to remain competitive in the global carpet chemicals market during the forecast period. The company is also focusing on various strategies to further gain market share in the global carpet chemicals market. 

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This report includes a comprehensive analysis of:

• Market segment
• Market dynamics
• Market size
• Supply and demand
• Current Trends/Issues/Challenges
• Competition and related companies
• Value chain

Regional Analysis for the Global Carpet Chemicals Market covers:

• North America
• Latin America
• Eastern Europe
• Japan
• Middle East and Africa

This report is a compilation of first-hand information from industry analysts, qualitative and quantitative assessments, and input from industry experts and industry participants across the value chain. The report provides an in-depth analysis of key market trends, macroeconomic indicators and driving factors, and segment-based market attractiveness. The report also maps the qualitative impact of various market factors across market segments and geographies.

Report highlights:

• A detailed overview of the top markets
• Changed market dynamics of the industry.
• Deep market segmentation
• Historical, current and forecast market size in terms of volume and value
• Current industry trends and developments
• Competitive landscape
• Strategies of major players and products provided
• Potential and niche segments, promising areas for growth
• A neutral view of market performance
• Essential information for market participants to maintain and improve their market position

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