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Textile Chemicals Market was valued at US$ 21.02 Bn in 2015 and is expected to reach US$ 29.15 Bn by 2024, expanding at a CAGR of 3.7% between 2016 and 2024
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Transparency Market Research Textile Chemicals Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024 Published Date 05-May-2016 183 Page Report Request Sample Buy Now Press Release Despite Environmental Concerns, Textile Chemicals Market Surges Ahead with Support from Increasing Applications :TMR Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com sales@transparencymarketresearch.com
Textile Chemicals Market REPORT DESCRIPTION Textile Chemicals Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024 The need for better and smarter textiles to support the evolving industrial applications will encourage the introduction of enhanced textiles using innovative textile chemicals, finds Transparency Market Research in a new study. From airbags to fire resistant textiles, top players in “global textile chemicals market” are focusing on enhancing their facilities and investing in research and development to cater to the changing consumer demands. Players such as The Dow Chemical Company, for instance, are launching antimicrobial technology that protects textiles against the growth of harmful bacteria, thus earning new target markets. Get FREE Sample Of This Report: - http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=205 Looking forward, companies will have to strategize for meaningful mergers and acquisitions to grab better shares in the market. This move will also help them add to their existing portfolio of products and improve their knowledge base. Demanding End Users Boost Textile Chemicals Market A TMR analyst says, “Strengthening economies and rising agricultural activities, increasing healthcare infrastructure, expanding clothing industries, growing number of participants in the sporting activities, and other industries that employ skilled human resource are driving the demand for textiles, thereby augmenting the textile chemicals market.” The demand for textile chemicals will skyrocket in the coming years due to their ability to enhance the characteristics of textiles by adding strength and versatility as may be demanded by the end user industry. The rise of the packaging industry is also anticipated to boost the global textile chemicals market in the near future. Environmental Concerns Pose Tough Challenge The upward climb of this market is being marred by certain restraints such as harmful effects of chemicals on the environment and most importantly to the human health. The unfortunate disposal of water from textile chemical industries into the local water bodies has created not just polluted water bodies but also a tremendous water shortage. Furthermore, the quality of the soil is being degraded by these chemicals, thereby creating a severe impact on the surrounding lives. 2 Transparency Market Research
Textile Chemicals Market Construction Industry Opens Up New Opportunities Despite the tug of war created by these market drivers and restraints, the global textile chemicals market has a bright future ahead with ample of opportunities. For example, the usage of chemicals to add to the strength of the textiles will make textiles a worthy option to replace conventional construction materials such as wood, concrete, and glass amongst others. The increasing awareness amongst consumers about health is also anticipated to boost the demand for sterilized textiles in the near future. Browse the full Textile Chemicals Market At : http://www.transparencymarketresearch.com/textile-chemicals-market.html TMR analysts have estimated that the opportunity in the global textile chemicals market will be worth US$ 29.15 bn by 2024 rising from US$ 21.02 bn in 2015. The steady growth of 3.7% in this market from 2016 to 2024 will be attributable to the soaring demand for home furnishings. Geographically, Asia Pacific holds the biggest share in the overall textile chemicals market in terms of volume Analysts predict that the home furnishings segment will be worth US$10,228.3 mn by 2024 from US$7,564.8 mn in 2015, moving at a steady pace of 3.5% CAGR between 2016 and 2024. This segment will benefit from the increasing sale of various types of curtains, towels, toilet linen, rugs, and carpets that use different textile chemicals. The analysis of the global textile chemicals market mentioned in this review is based on the findings of the Transparency Market Research report, titled “Textile Chemicals Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024.” The report segments the global textile chemicals market as follows: Textile Chemicals Market - Product Segment Analysis • Coating & Sizing Chemicals • Colorants & Auxiliaries • Finishing Agents • Surfactants • Desizing Agents 3 Transparency Market Research
Textile Chemicals Market • Bleaching Agents • Yarn Lubricants Textile Chemicals Market - Application Analysis • Home Furnishing • Apparel • Industrial & Other Textile Chemicals Market - Regional Analysis North America • U.S. • Rest of North America Europe • France • U.K. • Spain • Germany • Italy • Rest of Europe Asia Pacific • China • India 4 Transparency Market Research
Textile Chemicals Market • ASEAN • Rest of Asia Pacific Latin America • Brazil • Rest of Latin America Middle East & Africa (MEA) • GCC • South Africa • Rest of MEA Despite Environmental Concerns, Textile Chemicals Market Surges Ahead with Support from Increasing ApplicationsRest of MEA Browse Press Release : http://www.transparencymarketresearch.com/pressrelease/fluoropolymers-market.htm Browse All Chemical Market Research Reports: http://www.transparencymarketresearch.com/chemical-market-reports-2.html About Us Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward- looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. 5 Transparency Market Research
Textile Chemicals Market Contact Transparency Market Research 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free 866-552-3453 Email: sales@transparencymarketresearch.com Website: http://www.transparencymarketresearch.com/ Linkedin : https://www.linkedin.com/today/author/430748012 Browse The Market Research Blog : http://globalresearchanalysis.blogspot.in/ 6 Transparency Market Research