Global textile chemicals market size was estimated at 9.80 million tons in 2016 and projected to Expand Higher during Forecasted Period 2022

Market Highlights

The global textile chemicals market size was estimated at 9.80 million tons in 2016. Global apparel industry is expected to drive the market over the forecasted period. Increasing demand for technical textile across numerous end-use applications is also expected to be beneficial for the overall market growth.

Good qualities are used into technical textile products as compared to their conventional counterparts. Demand for technical apparel is increasing in the U.S. amongst end-use industries such as home furnishings, apparel, industrial textiles, technical textiles the demand for specialty chemicals required for is production has also enlarged.

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Technological improvement coupled with growing clothing demand is allowing manufacturers to offer exceptional marketing points such as stain-resistance, wrinkle-resistance, soft finish and antimicrobial properties to provide enhanced performance and comfort to customers. Moreover, increasing consumer spending towards high quality products especially in Canada and Mexico is anticipated to positively influence the industry over the forecast period.

The products comprise wetting agents, emulsifiers, dispersants, detergents, chelating agents, and biocide active ingredients. Growing environment concern regarding the adverse effects of these chemicals may emerge as a major barrier to the overall market development. Contaminated water and water shortages caused by an intensive fabric industry may have extensive local consequences in the manufacturing countries. Stringent environmental regulation such as Integrated Pollution Prevention and Control (IPPC) along with Emission Trading System (ETS) and regulation on registration, evaluation, authorization and restriction of chemicals is expected to hinder growth.

Major Key Players:

• BASF SE
• Bayer AG
• Dow Chemical Company
• Huntsman International LLC
• AkzoNobel
• Arkema
• Lubrizol
• Omnova Solutions
• Pulcra Chemicals
• Kiri Industries
• Sumitomo Chemical

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Further key findings from the report suggest:
• The global Textile Chemicals market demand was estimated at 9.80 million tons in 2016
• Apparel dominated the Textile Chemicals market with a market share of in 2016.
• Asia Pacific has dominated the market and is projected to Expand at the highest CAGR

Regional Analysis
Asia Pacific region is expected to maintain its dominance in the global market. Emerging markets of China, japan and India are expected to boost the Asia Pacific Textile Chemicals market. Other emerging markets are North America, Europe and the Middle East countries. Asia Pacific has the largest market share for global Textile Chemicals, followed by Europe and Row.

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Market Segmentation:
Segmentation by type
• Pre-Treatment Chemicals
• Furnishing Chemicals
• Colorants
• Coating Chemicals
• Dyeing & Printing Chemicals
Segmentation by application
• Home Furnishings
• Apparel
• Industrial Textiles
• Technical Textiles
Brief TOC
11. Company Profiles
11.1 BASF SE
11.1.2 Financials
11.1.3 Product Portfolio
11.1.4 Business Strategies
11.1.5 Recent Development
11.2 Bayer AG
11.2.2 Financials
11.2.3 Product Portfolio
11.2.4 Business Strategies
11.2.5 Recent Development
11.3 Dow Chemical Company
11.3.2 Financials
11.3.3 Product Portfolio
11.3.4 Business Strategies
11.3.5 Recent Development
11.4 Huntsman International LLC
11.4.2 Financials
11.4.3 Product Portfolio
11.4.4 Business Strategies
11.4.5 Recent Development
Continued….

Browse Related Report

Global Specialty Chemicals Market Information-by type (Construction chemical, Food additives, Electronic chemicals, Cosmetic Chemicals, Lubricant & Oilfield chemicals, Water treatment chemicals, and others), by function (Antioxidants, Biocides, Catalysts, Enzymes, Specialty coatings and others), by end user (Automobile, Electronic, Plastic, Construction and personal care) and by Region - Forecast till 2022

https://www.marketresearchfuture.com/reports/specialty-chemicals-market

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