Textile Chemicals Market Key Players:
The key players active in the market are AkzoNobel, Arkema, Kiri Industries, BASF SE, Bayer AG, Omnova Solutions, Pulcra Chemicals, Sumitomo Chemical, The Dow Chemical Company, Huntsman International LLC, Sumitomo Chemicals Co., Ltd., Lubrizol, and many more.

Textile Chemicals Market Insights:
Market Research Future (MRFR) has published a detailed report on global textile chemicals market that highlights a persistently moderate market growth throughout the forecast period. MRFR’s analysis reveals that the market was valued at USD 9.8 Mn in 2018 and will exhibit an upward trend of growth at 3.2% CAGR for the next couple of years.

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However, harmful effects of chemicals on the environment and health hazards can hamper the growth of the market. Also, chemicals from the textile chemical industries pollute the soil and have a negative impact. On the other hand, the use of chemicals in the construction sector will cause manufacturers to refrain from adopting conventional construction materials such as concrete and wood, and instead, make use of textiles. This can create immense opportunities for market growth.

Textile Chemicals Market Segmentation:
By type, global textile chemicals market has been segmented into pre-treatment chemicals, furnishing chemicals, colorants, coating chemicals, and, dyeing & printing chemicals. The coating chemicals segment will witness growing demand and is anticipated to hold a significant share in the market.

By application, the market for textile chemicals is segmented into home furnishings, apparel, industrial textiles, and, technical textiles. The home furnishing segment will flourish during the projection period and is envisaged to be one of the leading segments of the market. The burgeoning housing market and catalysed increment of disposable income are fuelling demand in this region.

Textile Chemicals Market Regional Analysis:
The textile chemicals market is geographically segmented into Asia Pacific, North America, Europe, and Rest-of-the-World (RoW).

Among all, Asia Pacific will be reigning over the market with a high CAGR during forecast period, trailed by North America and Europe. Continuous development of emerging economies such as China, India, and Brazil can contribute to the market. Increase in disposable incomes of the population can lead to domestic consumption of apparels especially in casualwear, carpets, and home furnishings in countries such as China. Similarly, India has become a massive market for textile chemicals owing to the domestic production and export of cotton and synthetic fibers.

On the other hand, Europe and RoW are projected to display at a modest CAGR from 2018 to 2022. This can be attributed to increasing awareness about the environmental impact of textile chemicals along with the increasing research into the carcinogenicity of various textile chemicals in this region.

Textile Chemicals Industry Developments:
AkzoNobel Specialty Chemicals will be investing close to USD 4.6 Million to expand capacity and upgrade its organic peroxides facility in Maharashtra to meet growing demand from customers in India and the Middle East. This expansion will allow the company to build on their strong presence in numerous organic peroxide market segments.

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…….,

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