According to a market report by Lucintel, the future of the global textile chemical market looks promising with opportunities in the apparel, home textile, and technical textile applications. The global textile chemical market is expected to reach an estimated $32.9 billion by 2030 from $25.0 billion in 2024,at a CAGR of 47.0% from 2024 to 2030. The major drivers for this market are growing demand for eco-friendly dyes, rising penetration of online retail shops, and augmenting preference for non-hazardous textile chemicals.
A more than 150-page report to understand trends, opportunity and forecast in textile chemical market to 2030 by fiber type (natural fiber and synthetic fiber), product type (coating & sizing agents, colorants & auxiliaries, finishing agents, surfactants, desizing agents, bleaching agents, and others), application (apparel, home textile, technical textile, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the fiber type category, natural fiber is expected to witness the highest growth over the forecast period.
Within the application category, apparel is expected to witness the highest growth over the forecast period.
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In terms of region, APAC is expected to witness the highest growth over the forecast period.
Dow, BASF SE, WackerChemie, Huntsman, Solvay are the major suppliers in the textile 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 [email protected]To get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.
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Lucintel
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