Press release
Textile Auxiliaries Market: Global Industry Analysis,Trends and Forecast 2024
Textile auxiliary is a group of textile chemicals used for various functions at different stages of textile processing. These stages include processes such as pre-treatment, dying, printing, and finishing. Textile auxiliaries are employed during textile processing to increase durability and esthetic appeal of textile products. Ability of textile auxiliaries to improve the functional properties of textile products has increased their utilization in the textile industry. Rise in production and consumption of textiles is expected to drive the global textiles auxiliaries market during the forecast period.
The global textile auxiliaries market can be segmented based on type, application, process type, and geography. In terms of type, the global textile auxiliaries market can be divided into type 1, type 2, and type 3. Based on application, the global textile auxiliaries market can be segregated into apparels, automotive textiles, geotextiles, home furnishing, industrial textiles, smart textiles for military & defense, and others.
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In terms of process type, the global textile auxiliaries market can be classified into pre-treatment, finishing, and dyeing & printing. The pre-treatment process prepares the fabric for finishing and dyeing. Most textile auxiliaries are used during this process. Ability of textile auxiliaries to improve the durability of fabric during the pre-treatment process is anticipated to propel their consumption in the pre-treatment processing stage of fabric during the forecast period.
Based on geography, the global textile auxiliaries market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. The U.S. and Canada are estimated to propel the textile auxiliaries market in North America. The U.K., Germany, France, Russia, Spain, Italy, and Sweden are the leading countries in the textile auxiliaries market in Europe. Asia Pacific is the dominant region of the textile auxiliaries market. China, South Korea, Japan, India, Thailand, the Philippines, Malaysia, Bangladesh, Sri Lanka, and Singapore are likely to dominate the textile auxiliaries market in Asia Pacific, with India being a rapidly developing market. India accounts for major share of the textile auxiliaries market. Israel, Turkey, the UAE, Iran, Egypt, Nigeria, Ghana, Kenya, and Saudi Arabia are some of the leading countries in the textile auxiliaries market in Middle East & Africa. The textile auxiliaries market in Latin America is dominated by Brazil, Mexico, Peru, Chile, Colombia, and Argentina.
Several players operate at the regional and global level in the textile auxiliaries market. Key players include Archroma, Abitec Corporation, Achitex Minerva spa, Air Products & Chemicals Inc., AkzoNobel N.V., Berkshire Hathaway (Lubrizol Corporation), Buckman Laboratories Inc., Chemipol (Kothari Group), Covestro, Dainichiseika Color & Chemicals Mfg. Co.Ltd., Dow Chemical Company, Formosa Organic Chemical Industry Co.Ltd., Genesee Polymers Corporation, Huntsman Corporation, KC Chemical (M) Sdn. Bhd., Kemira, Kiri Industries, K-Tech (India) Ltd., L.N. Chemical Industries, Lonsen, Omnova Solutions Inc., and Ultra Additives Munzing.
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The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
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