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Textile Chemical Market

The product type segment namely coating & sizing chemicals, finishing agents, colorants & auxiliaries, surfactants, desizing agents, yarn lubricants, and bleaching agents are covered under the scope of the report. The applications of textile chemicals include home furnishings, apparels, and industrial chemicals.

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Textile Chemical Market

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  1. Textile Chemicals Market Global Opportunity Analysis and Industry Forecast, 2014-2022 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. Asia-Pacific held the leading position in the global market in 2015, and is expected to maintain its lead in the future. 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. The significant impacting factors in the textile chemicals industry include development of apparel industries due to increase in demand for consumers and growth in population. Along with these factors, the market is influenced by the increase in demand for home furnishing products, evolution of environmental friendly chemicals required by textiles industries, and development of packaging industries, which require large textile chemicals. The above-mentioned factors collectively create opportunities for the market growth while factors such as unfavorable effects of textile chemicals pose limitations in the market. However, each factor would have its definite impact on the market during the forecast period. The winning strategies of textile chemicals market are depicted by the analysis performed on company profiles of key players of the market. The data obtained is gathered and analyzed in reference to their recent development. The data obtained through press releases by the companies have limited scope to publicly available information. The key strategies tracked from the recent developments of the companies in this industry include

  2. product launch, partnership, business expansion, production expansion, and merger & acquisition. KEY FINDINGS OF THE TEXTILE CHEMICAL STUDTY: •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. Download sample/1807 Sample Copy: https://www.alliedmarketresearch.com/request- KEY SEGMENTS OF TEXTILE CHEMICAL MARKET By Product Type •Coating and Sizing Chemicals •Finishing Agents •Colorants and Auxiliaries •Surfactants •Desizing Agents •Yarn Lubricants •Bleaching Agents

  3. By Application •Home Furnishing •Apparels •Industrial and Others By Geography •North America •Europe •Asia-Pacific •LAMEA The market is segmented on the basis of four regions, namely North America, Europe, Asia-Pacific, and LAMEA. Presently, North America is the fastest growing region in the global textile chemical industry, owing to high demands for textile chemicals and strong economic base of manufacturers in the U.S. The major players operating in the North American textile chemical market Product launch is the key strategy adopted by market players to expand their product portfolio. Mergers & acquisitions, business expansion, production expansion, and partnerships are the other prominent strategies adopted by key players to sustain the intense competition in the market. The key companies profiled in the report include Huntsman International LLC, Dow Chemical Company, DyStar Group, Kiri Industries Limited, Pulcra Chemicals, Archroma, OMNOVA Solutions Inc., The Lubrizol Corporation, Covestro AG, and BASF SE. are Archroma and DyStar Group. Do enquiry/1807 Purchase Report: https://www.alliedmarketresearch.com/purchase- Contact: Shriram Dighe 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States Toll Free: +1-800-792-5285 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1⟨855⟩-550-5975 help@alliedmarketresearch.com Web: https://www.alliedmarketresearch.com

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