Global Textile Chemicals Market Will Grow at a Cagr of 4.0% During the Forecast Period by 2024

Global Textile Chemicals Market will Grow at a CAGR of 4.0% during the forecast period by 2024

New York, June 02: Market Research Engine has published a new report titled as “Textile Chemicals (Coating & Sizing Chemicals, Colorants & Auxiliaries, Finishing Agents, Surfactants, Desizing Agents, Bleaching Agents, and Yarn Lubricants) Market for Home Furnishing, Apparels, and Industrial & Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024”

Textile chemicals are speciality chemicals which are in demand due to increase in variety of fabrics manufacturing. These chemicals help obtain the fabrics better quality, flexibility and durability. They are the crucial part of textile industry and play a vital role in manufacturing different type of fabrics like water resistant fabrics etc. As textile manufacturing process includes consumption of large volume of water and speciality chemicals for dyeing, washing, bleaching, desizing and other processes which apparently also includes high amount of wastage of water which contain surfactants and other toxic chemicals which can cause potential harm to the environment.

Browse Full Report: http://www.marketresearchengine.com/reportdetails/textile-chemicals-market

Global textile chemicals market was valued more than 9.5 million tons in 2015. The revenue of this market is anticipated to increase at CAGR of 4.0% during the forecast period.Asia Pacific is leading market for textile chemicals industry by revenue which accounted over half of the gross revenue in the world over the past couple of years. Increasing government initiatives in countries like India to retain healthy growth in textile industry is one of the driving factors of this market. The fast growing markets like China, Vietnam, Bangladesh and Malaysia in textile industry are triggering the demand for textile chemicals market.

The growing demand for textile owing to its various end-use applications is a...