Textile Chemicals Market, Market Share, Application Analysis, Regional Outlook, Growth, Trends, Competitive Scenario and Forecasts, 2012 to 2020

Industry Insights

Textile chemicals market has been witnessing strong growth on account of increasing demand from home furnishing industry over the past few years. Increasing residential projects in BRICS countries is anticipated to surge the market growth over the next five years. Textile chemicals are used in textile manufacturing to improve and optimize the manufacturing process. Various types of textile chemicals include printing chemicals, finishing chemicals, antistatic agents, dying chemicals and specialty chemicals. Increasing demand for these chemical products is expected to augment the market growth in near future

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Textile chemicals market has been witnessing strong growth on account of increasing demand from home furnishing industry over the past few years. Increasing residential projects in BRICS countries is anticipated to surge the market growth over the next five years. Textile chemicals are used in textile manufacturing to improve and optimize the manufacturing process. Various types of textile chemicals include printing chemicals, finishing chemicals, antistatic agents, dying chemicals and specialty chemicals. Increasing demand for these chemical products is expected to augment the market growth in near future.

Product Insights

Coatings and sizing chemicals have been the largest market for textile chemicals over the last few years. Growing application scope of sizing chemicals in textile industry to enhance strength and abrasion resistance of yarn to avoid its breakage is the key factor to boost sizing chemicals demand over the forecast period. Growing demand for high quality textiles is the key factor to boost coating chemicals demand. Colorants and auxiliaries were the second major market in 2013, but this product segment is anticipated to lose its market share over the next five years owing to the availability of other substitute...