Textile Chemicals Market : Business Overview, Challenges, Opportunities, Trends and Analysis by 2023by Deepak Kumar Sr. SEO Executive
The global textile chemicals market is expected to showcase a stable growth during the forecast period (2017-2023). The growing demand for apparels in emerging economies and the increasing middle-class income are the driving force for the growth of the textiles chemicals market.
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Textile Chemicals are an integral part of various commercial and industrial sectors, where any sort of fabric is used in operation. The textile chemicals are in huge demand owing to the enormous growing production of apparels and rising demand for home furnishings, floor coverings and smart textiles globally.
The textile chemical products range from coatings and sizing chemicals, colorants and auxiliaries, finishing agents and surfactants. The coatings and sizing chemicals dominated the market in the product type segment owing to their excellent properties to increase the strength and abrasion resistance of yarns.
The textile chemicals market on the basis of application is segmented as apparels, automotive textiles, geo-textiles, home furnishing, industrial textiles, smart textiles and others.
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Manufactures in the industry are undergoing continuous R&D to come up with cutting-edge advancement in the industry. Some of the key players in the global market include OMNOVA Solutions Inc., The DyStar Group, The Dow Chemical Company and Kiri Industries Limited.
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Created on Jun 8th 2018 05:22. Viewed 208 times.