According to a market report by Lucintel, the future of the global textile auxiliaries chemical market looks promising with opportunities in the home furnishing, apparel, and technical textiles markets. The global textile auxiliaries chemical market is expected to grow with a CAGR of 4.2% from 2024 to 2030. The major drivers for this market are growing demand for high-quality textiles, increasing technical textile applications, and rising disposable incomes in developing countries that are leading to increased consumer spending on apparel and other textile products.
In this market,
pretreatment auxiliaries, printing auxiliaries, and finishing auxiliaries are
the major segments of textile auxiliaries chemical market by type.
Lucintel forecasts that
pretreatment auxiliaries will remain the largest segment over the forecast
period because it eliminates all extraneous and obstructive materials from the
fabric, as well as, desizing, scouring, and bleaching other preliminary
treatment procedures encompass optical brightening, alkalization, and
mercerization.
Within this market,
apparel will remain the largest segment over the forecast period due to
increasing disposable incomes, expanding millennial and Gen Z demographic that
is highly influenced by social media and fashion influencers, as well as,
burgeoning e-commerce sectors.
APAC will remain the
largest region due to swift urban expansion, economic adaptability amid the
COVID-19 crisis, and the modernization of textile and chemical production
methods.
Transfar, Archroma,
Huntsman, Cht/Bezema, Dymatic Chemicals, Lonsen, and Rudolf are the major
suppliers in the textile auxiliaries chemical market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal, ZACKS,
and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
Explore Our Latest Publications
Clinical Alarm
Management Market
No comments:
Post a Comment