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Increase in applications of textile chemicals in the apparel sector such as in clothing and footwear is expected to grow in the coming years. Moreover, growth in demand for home furnishings, floor furnishings, and eco-friendly chemicals products are some other factors that drive this market.
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Textile Chemical Market Opportunities and Forecasts, 2014 – 2022 Published Date: 30-Dec-16 No. Of Pages : 10
TEXTILE CHEMICAL MARKET- INTRODUCTION • Textile Chemical Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $27,560 Million by 2022, registering a CAGR of 3.4% during the forecast period 2016-2022. Coating & sizing chemicals segment is expected to retain its dominant position, in terms of revenue generation, throughout the forecast period. • Textile chemicals are immediate chemicals expected to witness notable growth in the coming years. This is due to the wide range applications of the chemicals such as dyeing, printing, coating, finishing, and bleaching. Increase in applications of textile chemicals in the apparel sector such as in clothing and footwear is expected to grow in the coming years. Moreover, growth in demand for home furnishings, floor furnishings, and eco-friendly chemicals products are some other factors that drive this market. • The impact of these drivers is expected to increase significantly due to increase in awareness about the applications of the textile chemicals. Some of the restraints associated with the textile chemicals market are harmful effects of chemicals on environment and strict regulations for approval of chemicals.
TEXTILE CHEMICAL MARKET- KEY FINDINGS • Asia-Pacific is expected to continue to dominate the global textile chemical market, growing at a CAGR of 2.9%, in terms of revenue, from 2016 to 2022. • Colorants & auxiliaries segment occupied more than one-fourth share of the total market revenue in 2015. • In 2015, the home furnishing segment occupied around one-third share of the global market, in terms of revenue. • Surfactant is the fastest growing product segment with CAGR of 3.9% during the forecast period.
TABLE OF CONTENTS • INTRODUCTION • EXECUTIVE SUMMARY • MARKET OVERVIEW • WORLD TEXTILE CHEMICALS MARKET, BY PRODUCT TYPE • WORLD TEXTILE CHEMICALS MARKET, BY APPLICATION • WORLD TEXTILE CHEMICALS MARKET, BY GEOGRAPHY • COMPANY PROFILES
TEXTILE CHEMICAL MARKET- - BY GEOGRAPHY North America, Europe, Asia Pacific, LAMEA
COMPANYPROFILES Huntsman International LLC Dow Chemical Company DyStar Group. Kiri Industries Limited ulcra Chemicals Archroma OMNOVA Solutions Inc The Lubrizol Corporation Covestro AG BASF SE.
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