Title: Textile Chemicals Market - Forecast (2022 - 2027)
1Textile Chemicals Market Market size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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- Textile Chemical Market size is forecast to reach
US27.5 billion by 2026, after growing at a CAGR
5.5 during 2021-2026. Globally, the rising
growth of e-commerce platforms has raised the
demand for apparel from the fashion sector, which
has raised the opportunities for the growth of
the textile chemicals industry. Increasing usage
of chemicals such as sulfuric acid, acetic acid,
and bleaching agents for textile dying is also
driving the market growth. Additionally, washing,
scouring, mercerizing, dyeing, printing, and
finishing are all steps involved in the textile
chemical manufacturing process. Textile chemicals
have become critical for the textile and garment
sectors all over the world since they play such
an important role in producing pre-defined
textile qualities.
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- Key Takeaways
- Asia-Pacific region dominated the textile market
owing to the increasing government investments to
assist the textile industry in emerging economies
such as China, India, Japan, and Malaysia. - In the textile chemicals market, sustainability
has emerged as a prominent trend. Thus, the
increasing adoption of sustainable textile
chemical manufacturing is anticipated to drive
market growth. - Rising demand for non-aqueous coloring of cotton
fabrics to decrease the strain on water supplies
have also raised the opportunities for the growth
of the textile chemicals market. -
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By Distribution Channel- Segment Analysis Fashion
and Clothing held the largest share with 28 in
the textile market in 2020 and is anticipated to
grow at a CAGR of 4.3 during the forecast period
2021-2026. Rising usage of textile chemicals in
apparel, ties clothing accessories, handbags,
and others, is driving the growth of the market.
The apparel industry is a fast-paced industry
that is influenced by shifting consumer
preferences. Apparel producers are more focused
on maintaining product quality and using the
latest manufacturing techniques and raw materials
in order to survive in a highly competitive
environment.
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- Textile Chemicals Market
Outlook - Archroma
- Huntsman Corporation
- DIC Corporation
- Kiri Industries Ltd.
- Covestro AG
- Omnova Solutions Inc.
- Lubrizol Corporation
- Solvay S.A.
- Evonik Industries
- Tanatext Chemicals
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Textile Chemicals Market -
Forecast(2022 - 2027) Learn More About the
Report _at_ https//www.industryarc.com/Report/116
86/textile-chemicals-market.html
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- Analyst Briefing
- Data Tables
- Key Contacts
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