Textile Auxiliaries Market Historical, Current, And Projected Size Of The Market

Page 1

Textile Auxiliaries Market Historical, Current, and Projected Size of the Market Global Textile Auxiliaries Market: Key Highlights  

In terms of value, the global textile auxiliaries market is anticipated to expand at a CAGR of ~4% from 2019 to 2027. Textile auxiliaries have commercial significance in the manufacture of modern fabrics for the textile industry. Textile auxiliaries are specially formulated chemical products that offer technical support, from yarn making to fabric preparing. Textile auxiliaries are various types of chemicals used at several stages of fabric production to achieve the desired quality of garments and textile goods. They also provide softness, uniformity, and excellent quality to a large number of textile products such as carpets, curtains, furniture, bed sheets, covers, and personal clothing. Domestic consumption of textile auxiliaries in China and India is projected to increase significantly in the next decade. Prominent producers of textiles such as China, India, and Vietnam are planning to increase their exports due to the rising demand for textile auxiliaries. These key factors are anticipated to drive the textile auxiliaries market in these countries in the near future. North America has witnessed increased consumption of textiles over the last few years, due to the large production of fabrics, clothing, and technical fabrics, and their exports from the U.S. to other countries. This trend is anticipated to continue over the next few years. Europe is one of the lucrative industries for textiles, due to the presence of a well-established fashion & clothing industry in countries such as Germany, France, and Italy. This is expected to boost the demand for textile auxiliaries in the region in the next few years. Dyeing & Printing Agents to be Leading Product Segment of Global Textile Auxiliaries Market In terms of product, the global textile auxiliaries market can be categorized into pretreatment agents, dyeing & printing agents, finishing agents, spin finishes, and knitting & weaving auxiliaries. The dyeing & printing agents segment accounted for a major market share in 2018. It is likely to remain the leading segment during the forecast period. Dyeing auxiliaries are chemical formulated products that are largely applied in dyeing and printing operations. These auxiliaries provide the required support to fabrics in printing and dyeing operations to achieve the desired effects and textures. In terms of market share, the finishing agents segment followed the dyeing & printing agents segment in 2018. This segment is estimated to expand at a CAGR of ~4% from 2019 to 2027. Finishing agents are important chemicals due to their properties of softening and uniform fabric leveling. Fabric softness is necessary for textiles, which is delivered by finishing agents.

Expanding operations in future? To get the perfect launch ask for a custom report


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.
Textile Auxiliaries Market Historical, Current, And Projected Size Of The Market by TheInsightPartners23 - Issuu