Textile Chemicals Market Overview:
Textile Chemicals find usage in various end use application such as apparel, technical textiles, home furnishing, industrial textiles, and others. The market is estimated to witness moderate growth due to their superior properties coupled with excellent usage in various end use applications specifically in-home furnishing and industrial textiles.
Among the end use application segment, apparel is estimated to grow tremendously followed by home furnishing. The factors attributed to the segmental growth are growing per capita disposable income, rapid urbanization in emerging economies, and robust industrialization. In addition, increasing government support such as Housing for all and cheaper home loans has increased the number of flat owners which in turn has increased the consumption of textile chemicals in home furnishing segment.
Textile Chemicals Market Key Players:
• Sumitomo Chemicals Co., Ltd.,
• AkzoNobel,
• Arkema,
• Kiri Industries,
• Lubrizol,
• BASF SE,
• Bayer AG,
• Dow Chemical Company,
• Huntsman International LLC,
• Omnova Solutions,
• Pulcra Chemicals,
• Sumitomo Chemical
among others are some of the prominent manufacturers in the competitive scenarios of Global Textile Chemicals Market and are profiled in MRFR Analysis.
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Textile Chemicals Market Regional Analysis:
Geographically, Asia Pacific accounted for the leading market share for textile chemicals in 2016, followed by North America which is further trailed by Europe. In North America the Textile Chemicals market is expected to exhibit moderate growth over the assessment period due to substantial growth of textile industry in this region. Asia Pacific is expected to witness tremendous growth over the forecast period in textile chemicals market on account of increasing application of textile chemicals in various end use applications. In Asia Pacific, the demand for textile chemicals is estimated to enhance in several countries such as South Korea, Taiwan, India, Japan, Indonesia, China, and the Philippines due to improving population combined with shifting of manufacturing facilities for most of the matured market players in this region.
In Europe, textile chemicals market is anticipated to register above average growth owing to shifting consumer preference towards the textile chemicals-based products along with high adoption rate in various application segment specifically in Spain, France, Italy, Germany, Poland, Belgium, UK, and Russia. In addition, numerous countries of Latin America and the Middle East & Africa are estimated to witness moderate growth in textile chemicals owing to increasing disposable income combined with sales of textile chemicals-based product specifically in Mexico, Chile, Brazil, Guatemala, Argentina, Peru, and Venezuela along with expanding textile sector specifically in UAE, Qatar, Kuwait, Oman, Israel, Saudi Arabia, and Turkey.
Textile Chemicals Market Segmentation:
By application, the market is segmented into home furnishings, apparel, industrial textiles, and technical textiles. Increasing expenditure on home furnishings helps propel the textile chemicals market. Textile chemicals are used for carpets, rugs, furniture, and much more. Also, the rise in per capita spending on apparel has proved to be positive for the textile chemicals market.
Textile Chemicals Market Table of Content:
1 Executive Summary
2 Scope of the Report
3 Market Research Methodology
4 Market Landscape
5 Industry Overview of Global Textile Chemicals Market
Textile Chemicals Market Table of Content to be Continue…….,
Textile Chemicals Market List of Table:
Table 1 World Population: By Major Regions (2015 To 2030) (Million)
Table 2 Global Aluminum Market: By Region, 2014-2022 (USD Million)
Table 3 North America Aluminum Market: By Country, 2014-2022 (USD Million)
Table 4 Europe Aluminum Market: By Country, 2014-2022 (USD Million)
Table 5 Asia-Pacific Aluminum Market: By Country, 2014-2022 (USD Million)
Textile Chemicals Market List of Table to be Continue…….,
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