Central India Chronicle

Textile Chemicals Market’s APAC Dominance and Surging Coating & Sizing Agents Demand

 Breaking News
  • No posts were found

Textile Chemicals Market’s APAC Dominance and Surging Coating & Sizing Agents Demand

August 11
10:38 2023
Textile Chemicals Market's APAC Dominance and Surging Coating & Sizing Agents Demand
Browse 184 market data Tables and 28 Figures spread through 185 Pages and in-depth TOC on “Textile Chemicals Market”
The APAC dominates Textile Chemicals Market share. Coating & Sizing Agents emerge as fastest-growing product type, enhancing textile performance.

The Textile Chemicals Market is expected to reach USD 33.1 billion by 2026, at a CAGR of 4.6%. The driving factor for the Textile Chemicals market is chemicals is growing demand for technical textiles. Also growing adoption of low VOC and biodegradable materials for textile manufacturing is expected to provide lucrative opportunities for the growth of textile chemicals. 

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=12380328  

Dow, Inc. (US), BASF SE (Germany), Wacker Chemie AG(Germany), Huntsman Corporation(US), Solvay (Belgium) among others, are the leading textile chemicals manufacturers, globally. These companies adopted new product launches, and agreements & contracts as their key growth strategies between 2019 and 2021 to earn a competitive advantage in the textile chemicals market.

Dow, Inc. is one of the largest players in the textile chemicals market. Dow, Inc. is a materials science company that combines science and technology to develop innovative solutions for various end-use markets. The Company conducts its worldwide operations through six global businesses which are organized into the following operating segments: Packaging & Specialty Plastics, Industrial Intermediates & Infrastructure and Performance Materials & Coatings. Dow’s portfolio of plastics, industrial intermediates, coatings and silicones businesses delivers a broad range of differentiated science-based products and solutions for its customers in high-growth market segments, such as packaging, infrastructure, mobility and consumer care. Dow operates 106 manufacturing sites in 31 countries. The company has its presence across North America, South America, Europe, Middle East & Africa, and Asia Pacific.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=12380328 

BASF SE is the second-largest player in the textile chemicals market, globally. BASF SE is one of the leading chemical companies which has its operation spread across all regions of the world. It operates in six major business segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, and Agricultural Solution. The company provides fabric finishing chemicals through the Intermediates division, which falls under the Chemicals business segment.

The Textile chemicals market is projected to witness rapid growth in the Coating & Sizing Agents segment during the forecast period. This category is anticipated to be the fastest-growing by product type, driven by factors such as increased demand for advanced coatings and sizing solutions in the textile industry. This growth highlights the rising significance of Coating & Sizing Agents in enhancing textile properties and performance.

The Asia-Pacific (APAC) region is anticipated to dominate the global textile chemicals market in terms of market share. This can be attributed to various factors such as the thriving textile industry in the region, robust manufacturing capabilities, and a significant presence of textile manufacturing hubs. APAC’s leading position underscores its pivotal role in shaping the growth and dynamics of the global textile chemicals market.

Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=12380328  

About MarketsandMarkets™ 

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. 

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. 

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The Knowledge Store™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry. 

Media Contact
Company Name: MarketsandMarkets™ Research Private Ltd.
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/textile-chemical-market-12380328.html