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Global Textile Chemicals Market Report, Market Size, Share, Trends, Analysis and Forecast to 2028
Stratistics MRC's Global Textile Chemicals Market value is expected to reach $37.61 billion growing at a CAGR of 6.7% during 2022-2028.Textile chemicals are used to treat textile material at various stages of production, from fibre pre-treatment to textile finishing. Washing, scouring, mercerizing, dyeing, printing, and finishing are all stages in the textile chemical manufacturing process. Textile chemicals have become critical for the textile and garment industries around the world because they play a critical role in producing pre-defined textile qualities. The scope of textile applications has extended across numerous industries throughout the years, increasing the use of these compounds.
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By Geography, North America is projected to have the highest CAGR over the forecast period, owing to the increased demand for apparels. Furthermore, the growing number of automobiles produced, as well as the tendency toward more modern vehicles, drives the expansion of automotive textiles in the region. The region is an industrial hub for a variety of sectors, which encourages the usage of technological textiles in the region. The region is constantly creating innovative next-generation textile materials for defence, fashion, electronics, and other industries.
Some of the key players profiled in the Textile Chemicals Market include AB Enzymes, Archroma, BASF SE, BioTex Malaysia, Dow, Ethox Chemicals, LLC, Evonik Industries AG, Fibro Chem, LLC, German Chemicals Ltd., Govi N.V., Huntsman International LLC, Kiri Industries Ltd., OMNOVA Solutions Inc., Omya United Chemicals, Organic Dyes and Pigments, Kemira Oyj, Resil Chemicals Pvt. Ltd., The Lubrizol Corporation and LANXESS.
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Comprehensive profiling of additional market players (up to 3)
SWOT Analysis of key players (up to 3)
Regional Segmentation
Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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