Global Textile Chemicals Market to Grow at a CAGR of 5.35% by 2030 | ChemAnalyst

-

 


According to ChemAnalyst report, “Global Textile Chemicals Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Technology, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, global textile chemicals market has shown promising growth in the past five years and is anticipated to achieve a CAGR of 5.35% during the forecast period. Robust growth of the apparel market in developing economies coupled with increasing population and per capita income is expected to drive the demand of textile chemicals during the forecast period Moreover, growing fashion industry and shorter replacement cycles of apparel industry is also another factor influencing demand growth during the forecast period. Pollution caused by textile dyeing and finishing industry is expected to hinder demand growth during the forecast period.

Get more info: https://www.chemanalyst.com/industry-report/textile-chemicals-market-566

Textile chemicals are the chemicals which are used in dyeing and processing of textiles to attain desired properties like color, mechanical strength etc. Textile chemicals are of several types including colorants and auxiliaries, coating, and sizing, desizing agents, finishing agents, surfactants, and bleaching agents. Textile chemicals find application in various types of textiles including apparel, home textile, technical textile etc. they impart several properties to the textile such as desired shade, tensile strength, shear strength, bleaching etc.

Request Sample: https://www.chemanalyst.com/ChemAnalyst/RequestForm

Textile chemicals can be segmented into types based on their functionality. Based on functionality they are colorants and auxiliaries, coating, and sizing, desizing agents, finishing agents, surfactants, and bleaching agents all having their own functionalities. For example, bleaching agents are used for bleaching of the textile before coloration. Out of the following colorants and auxiliaries dominate the global market share for textile chemicals. They provide the textile the necessary shade and texture.

Textile chemicals are related to textiles hence their price is directly linked to the fluctuations in the demand of textiles including apparel, home textile, and technical textile. In the first half of FY20 sudden outbreak of novel coronavirus followed by fall in in the demand of textiles rendered a major downfall in the global textile chemicals, hence the prices remained low for textile chemicals during the coronavirus pandemic. Demand has picked up in the recent quarters and is projected to grow due to increasing demand from Asia Pacific and North America.

Regionally, Asia Pacific dominates the Global textile chemicals market and holds the largest market share in FY20. Asia’s textile chemicals market is anticipated to grow in the economies like China due to increasing demand of textiles. Moreover the growing population and fashion industry is another factor propelling demand growth in the Asia Pacific.  

According to ChemAnalyst report, Global Textile chemicals Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Technology, Application, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, some of the major players operating global textile chemicals market are Achitex Minerva S.p.A., Arkema Inc., Chemipol, Covestro AG, Dow, Formosa Organic Chemical Industry Co Ltd, Kemira, L. N. Chemical Industries, Nouryon, Sarex, Tanatex Chemicals B.V., The Lubrizol Corporation, Wacker Chemie AG.

“Being linked to the textile industry, the global textile chemicals industry has shown a robust growth alongside growing population and changing consumer preference. China serves as the key growth region with sufficiently installed capacities for textile chemicals.  With new competitors emerging across the Asia Pacific textile chemicals market, players anticipate that there will be sufficient supply demand gaps in future. At this, it is extremely important to keep an eye which region will grab the biggest market share in the upcoming years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm promoting ChemAnalyst.

Browse Related Reports

Global Barrier Film Market, By Type (PE, PET, PP, Organic Coatings, Polyamide, Inorganic Oxide Coatings) By End-Use (Food & Beverage Packaging, Pharmaceutical Packaging, Personal care, others), By Grade (Single-layer, Multi-layer) By Region, Competition Forecast & Opportunities, 2015-2030

https://www.chemanalyst.com/industry-report/barrier-film-market-442

Global Petrochemicals Market: By Type (C1 Derivatives, C2 Derivatives, C3 Derivatives, C4 Derivatives, Aromatics, Others), By End Use (Packaging and Construction, Fuel and Fuel Additives, Automotive and Consumer Durables, Pharmaceutical and Agrochemicals and Others), By Region, By Company Competition, Forecast & Opportunities, 2015-2025

https://www.chemanalyst.com/industry-report/global-petrochemical-market-308

About Us       

ChemAnalyst is a leading provider of chemical commodity prices in more than 12 countries since from last 4 Years. The company has emerged as a preferred pricing supplier amongst Procurement Managers and Strategy Professionals globally who wants to track near real time prices of chemicals on its interactive dashboard. Unlike most of its competitors such as ICIS, IHS & S&P Platts the company doesn’t believe in delivering prices in PDF reports. The company has developed proprietary algorithm based online subscription platform in which users can track years of historical prices of more than 250 chemical commodities. In addition, since it’s all online, the users cannot just compare prices across multiple countries but also with other commodities and play with the data by generating multiple graphs to find out amazing insights. The users get access to grade wise CIF, CFR & Ex Works prices at multiple ports in each country.

ChemAnalyst also provides market analysis for more than 1000+ chemical commodities such as Production, Demand, Supply, Plant Operating Rate, Imports, Exports, Suppliers, Customers and much more. The company has created online interactive dashboard in which customers can access all this data instantly with a click of a button. The users will not only be able to analyse historical data for past years but will also get to analyse short term and long-term forecasts for coming years. With the access to local field teams, the company can provide high quality reliable market analysis data for more than 20 countries.

ChemAnalyst is a one stop solution for all the data related needs. We at ChemAnalyst are committed to assist customers worldwide with their data and insights needs using our comprehensive online platform.

For more information, please visit us at www.chemanalyst.com

Contact Us:

Nilesh Vishwakarma

B-44 Sector-57 Noida,

National Capital Region

Tel: 0120-4523948

Mob: +91-8882336899

Email: info@chemanalyst.com

 

 

Comments

Post a Comment

Popular posts from this blog

Unlocking the Power of Phosphoric Acid: From Production Methods to Practical Applications

-
Image
H3PO4, often referred to as Orthophosphoric acid or   Phosphoric acid , is a silent hero in our daily routines that might not be well known but plays a vital role. This acid, which is very useful, finds uses in fertilizers that feed our crops, carbonated beverages we love, and many more! It is the same question that follows: how is this acid being manufactured and what are the places where we find it? In this blog, we are going to take a glance at the really interesting world of phosphoric acid. We shall look at the two processes which are adopted for the production of it, i.e., wet and thermal processes. Following that, we will unravel the mystery behind its diverse uses, including its involvement in agriculture and the fact that it is surprisingly a component of our cosmetics and food! We’ll explore handful of its many applications such as: Food science:  It gives a fresh and strong kick to processed foods and drinks, while also working as a preservative. Plant power:  ...
Read more

Wheat Prices, Demand & Supply | ChemAnalyst

-
Image
The final quarter of 2023 presented challenges for the North American  Wheat prices , as a variety of factors influenced prices, leading to a mixed trend. Beginning in October 2023, there was a notable uptick in the cost of wheat, diverging from the consistent decline observed in previous months. This increase in prices was closely tied to Canada, a major wheat exporter, facing a significant reduction in its Durum wheat harvest. The repercussions of this reduction affected all wheat varieties, contributing to an overall price surge. Adverse weather conditions, particularly dry spells in crucial farming regions, were identified as the primary causes, resulting in decreased yields and depleting stocks for major exporters, reaching some of the lowest levels in recent times. Moving into November, there was an abundance of locally sourced goods on the supply side, accompanied by a slowdown in trade orders as downstream consumption notably declined, as reflected in the 3.0 percent decrea...
Read more

A Bird’s Eye View on the Outcome of US Elections on India’s Energy Sector

-
Image
As US heads towards Presidential Elections, the energy policy makers in India are keeping a close watch on the results which would decide its impact on the India-US ties. While Joe Biden promises strong push towards renewable energy sources, Trump’s victory may strengthen India’s oil, infra and defense sector. As soon as incumbent Donald Trump pulled US out of the Paris climate change agreement, which aims at mitigating the impact of greenhouse gas emissions on the global temperature rise, Biden launched a campaign promising the US to achieve the target of net zero emissions by 2050 and investing USD 1.7 trillion in the next ten years towards actualizing the same.  Get more info : https://www.chemanalyst.com/NewsAndDeals/NewsDetails/a-birds-eye-view-on-the-outcome-of-us-elections-on-indias-energy-sector-3399 Biden’s proposal sounds well when India has already shifted to fifth gear towards increasing its capacity of clean energy projects. Clean energy projects comprise nearly a fift...
Read more