Market Overview:
Textile chemicals are compounds which are employed in textile processing and making. Textile chemicals enhance and optimize the making process, delivering the final products with exceptional characteristics. For particular features or a specific desirable appearance, textile chemicals give various aspects. Greenhouse fabrics, for instance, feature sunrays. On the basis of item sections, the textile chemicals market for technical textiles was segmented into paints and sizing chemicals, dyes and auxiliaries, cleaning agents, surfactants, resizing agents, bleaching agents and yarn lubricants. The European textile chemicals market was worth USD 6.2 billion in 2019 and is estimated to register a compound annual growth rate (CAGR) of around 5.2% during the forecast period to reach USD 7.9 billion by the end of 2024.

Market drivers and restraints:
It is estimated that escalated call for textile chemicals in fast-rising sectors of technical textile applications like Agrotech, Meditech and Hometech will fuel the European textile chemicals market. It is estimated that the rising importance of geotextiles in Europe will give high possibilities for technical textiles over the next years. It is likely that many environmental rules on textile chemicals and the development of equally efficient bio-based solutions for textile chemicals will restrain the expansion of the market. The cyclic nature of the textile market is another variable that challenges this regional market.

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Report segmented as:

By fiber:
• Natural
• Artificial

By product:
• Colorants and auxiliaries
• Finishing agents
• Coating and sizing
• Surfactants

By application:
• Apparel
• Home furnishing

Geographical analysis:
On the basis of region, the European textile chemicals market can be segmented into United Kingdom, Germany, France, Italy, Spain, Belgium, Netherlands and Rest of Europe.

Important market players:
Some of the major players operating in the market are Archroma (Switzerland), Huntsman (US), Tanatex Chemicals (Netherlands), DowDuPont (US), DyStar Group (Singapore), Wacker Chemie AG (Germany), Evonik Industries (Germany), Rudolf Group (Germany) and Bozzetto Group (Italy.

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The Scope of the report:
This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.
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