Textile chemicals market size to reach $ 29.40 bn in 2028
Market will be driven to a significant extent by increasing disposable income among consumers, rising sales of clothing and apparel, and increasing penetration of organised retailing in various developed and developing economies.
The global textile chemicals market – which reached $
21.23 billion in 2020 – is expected to reach $ 29.40 billion in 2028 registering
a steady revenue CAGR during the forecast period, according to the latest
analysis by Emergen Research.
From fiber pre-treatment to textile finishing, textile
chemicals play an essential role in the production process. Textile chemicals
serve a variety of purposes in determining the effectiveness of textile
production and quality of finished products. Continuous research and
development in the field of technical textiles has broadened applications in
agricultural, industrial, automotive, and healthcare industries. Growing
significance of textile chemistry is driving up demand for these products in
the manufacturing industry. Textile chemistry is a specialized field that
utilizes chemical concepts at various stages of garment production. Dyeing
& finishing, fiber & polymer, and the more significant combination of
materials engineering with textile materials are all part of textile chemistry.
Textile chemistry is becoming a vital part of the textile industry as customer
demand for higher quality and functionality increases.
CATEGORIES Automation
