Latest Developments
Growing apparels market in emerging economies, increasing purchasing power of middle class and surging technical textile market are fuelling the growth of the textile chemicals market. While rising environmental concerns regarding the use of textile chemicals in fabrics and the increasing popularity of bio-based alternative are hindering the growth of this market.
Market Insights
Home-furnishing is poised to account for the largest market share in 2016 and owing to the fast growing textile market in South Asia apparels segment have registered the highest CAGR. Acrylic polymers is the largest segment by textile polymers during the forecast period. Asia-pacific dominates the global textile chemicals market throughout the forecasted period fuelled by its large middle-class. North America is forecasted to be second only to Asia-pacific in terms of consumption.
Get the Full Report Here: Global Specialty Surfactants Market
The major segmentation in the report includes the market estimates by Type (Textile pigments) such as Acid dye, azo dye, basic dye, direct dye, disperse dye, polyester dye, reactive dye, etc. Textile chemicals are used in many applications such as apparels, automotive textiles, geo-textile, home-furnishing, industrial textile. The report provides an in-depth analysis of the textile chemicals market across different geographical regions viz. North America, Europe, Asia-Pacific, Latin America and Middle East & Africa along with further country-wise segmentation. It also includes competitive vendor landscape while considering major companies such as Air Products & Chemicals Inc., AkzoNobel N.V., Berkshire Hathawy (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.
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About the Author: Pulkit is working as a Research Associate with Mordor Intelligence, a market research and consulting firm based in Hyderabad, India, with expertise in accurate research and analysis.