Textile Chemicals Industry Overview
The global textile chemicals market is expected to reach USD 36.13 billion by 2030, as per the new report by Grand View Research, Inc., rising at a CAGR of 4.7% during the forecast period. The growth is majorly driven by increasing demand for textile products from major applications including apparel, home furnishing, technical textiles, and others. Rapidly growing demand from the apparel industry is anticipated to propel the demand for the product during the forecast period. Home furnishing, specifically in developing economies, demanding modern and attractive furniture products is expected to have a positive impact on the growth of the market. Textile Chemicals Market Segmentation Grand View Research has segmented the global textile chemicals market report based on process, product, application, and region: Based on the Process Insights, the market is segmented into pretreatment, coating and treatment of finished products
Textile Chemicals Regional Outlook
Key Companies Profile & Market Share Insights The textile chemicals market is highly competitive owing to the presence of many manufacturers with a global presence. The spread of the COVID-19 has accelerated the technological transformation that had already begun. Digitalization and the use of artificial intelligence and the Internet of Things (IoT) in manufacturing processes have been at the forefront of strategies of companies. Some prominent players in the global textile chemicals market include:
Market Industry Development
Order a free sample PDF of the Textile Chemicals Market Intelligence Study, published by Grand View Research. About Grand View Research Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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