Scope of the Study
Textile chemicals are used in multiple stages of textile processing such as dyeing, printing and finishing. These are the class of chemicals which are used for the enhancement of properties and colour of fabric. Moreover, the textile auxiliaries are required for finishing effects like wash and wear, water repellence, flame retardancy, aroma finish, anti-odor and others. The textile chemicals ranges from highly specialised to simple commodity chemicals. Hence there is increase in demand of textile chemicals.
The market study is being classified by Type (Pre-Treatment Agents, Dye-Stuffs, Finishing Agents, Softening Agents, Anti-Foaming Agents, Odour Absorbers, Corrosion Inhibitors and Others), by Application (Apparel, Home Furnishing, Digital Printing, Automotive Textiles and Others) and major geographies with country level break-up.
Kemin Industries (United States), Evonik (Germany), AkzoNobel (Netherlands), Huntsman Corporation (United States), Tata Chemicals Limited (India), DyStar Group (Singapore), Dow Chemical Company (United States), Archroma (Switzerland), Zschimmer and Schwarz GmbH & Co KG (Germany) and Rudolph GmbH (Germany) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Chemdyes Sdn Bhd (Malaysia), Oleon (Belgium), Buckman (United States), Kemira (Finland), Croda Industrial Chemicals (United Kingdom) and CHT Group (Germany).
The market of textile auxiliaries consists of major players who are looking for expansion through mergers and acquisitions. The emerging economies are to estimate positive growth due to the factors such as increase in apparel industry and growing e-commerce industry in upcoming years. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Textile Auxiliaries market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Textile Auxiliaries market by Type, Application and Region.
On the basis of geography, the market of Textile Auxiliaries has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Growing Apparel Industry is Fueling the Market Growth
- Rising Disposable Income in Emerging Economies
- Increasing Demand for Sports and Active Wear
- Emission of Harmful Substances may hamper the Market Growth
- Water Shortage Caused by Growing Textile Industry
- Rising Acceptance of Geo Textiles are Creating an Opportunity for Textile Auxiliaries
- Fluctuating Prices of Raw Materials Such as Phenol and Surfactants
- Increasing labour Costs May Hamper the Market Growth
Market Leaders and their expansionary development strategies
In January 2018, Kemin has acquired Agri-Marketing corp. This acquisition helps the company to serve the customers in a better way and explore new opportunities for product and services.
Key Target AudienceManufacturers, Raw Material Suppliers, Distributors and Traders, Research Organisations, Government Agencies and Organisations
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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