The global textile chemicals market is estimated to record a substantial CAGR of 3.6% during the forecast period (2020-2026). The textile chemicals sector is run on the base of the textile industry. Textile chemicals are immediate chemicals that are expected to witness notable growth in the coming years due to the wide range applications of the chemicals such as dyeing, printing, coating, finishing, and bleaching.
Increase in applications of textile chemicals in the apparel sector such as in clothing and footwear is expected to grow in the coming years. Moreover, growth in demand for home furnishings, floor furnishings, and eco-friendly chemicals products are some other factors that drive this market. However, some of the challenges associated with the textile chemicals market include the harmful effects of chemicals on environment and strict regulations for approval of chemicals.
Browse the full report description of "Global Textile Chemicals Market Size, Share & Trends Analysis Report by Type (Colorants & Auxiliaries, Coating & Sizing Chemicals, Surfactants, Desizing Agents, Finishing Agents, and Others) and by Application (Apparels, Automotive Textile, Home Furnishing, Industrial Textile, and Others), By Raw Material (Synthetic, Cotton, Wool & Cashmere, Silk, Rayon/Viscose, Other) Forecast Period (2020-2026)" at https://www.omrglobal.com/industry-reports/textile-chemicals-market
Further, upsurge in demand for home furnishings and eco-friendly products, development of packaging industries, and rise in disposable income in the emerging economies are the major factors that drive the textile chemical industry.
Market Coverage
Key Questions Addressed by the Report
o Recovery Timeline
o Deviation from the pre-COVID forecast
o Most affected region and segment
Global Textile Chemicals Market Report Segment
By Type
By Application
By Raw Material
Global Textile Chemicals Market Report Segment
North America
Europe
Asia-Pacific
Rest of the World
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