Global Functional Textile Finishing Agents Market 2024-2028
Global Functional Textile Finishing Agents Market 2024-2028
The functional textile finishing agents market is forecasted to grow by USD 736.5 mn during 2023-2028, accelerating at a CAGR of 3.77% during the forecast period. The report on the functional textile finishing agents market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for textile finishing chemicals, increasing innovations and new product launches in functional textiles, and growing apparel market accelerating demand for functional textile finishing agents.
Technavio's functional textile finishing agents market is segmented as below:
By Product
- Repellent and release
- Flame retardant
- Antimicrobial and antibacterial
- Temperature regulation
- Durable press and others
By Type
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies the increasing use of nanotechnology in textiles as one of the prime reasons driving the functional textile finishing agents market growth during the next few years. Also, environmental concerns over disposal of textile finishing agents and loss of functionality with increasing number of washes will lead to sizable demand in the market.
The report on the functional textile finishing agents market covers the following areas:
- Functional textile finishing agents market sizing
- Functional textile finishing agents market forecast
- Functional textile finishing agents market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading functional textile finishing agents market vendors that include Archroma Management GmbH, BASF SE, Biotex Malaysia, CHT Germany GmbH, Covestro AG, Dow Chemical Co., DyStar Singapore Pte. Ltd., Elkem ASA, Evonik Industries AG, Huntsman International LLC, Kemin Industries Inc., Momentive Performance Materials Inc., Nicca Chemical Co. Ltd., OMNOVA Solutions Inc., Organic Dyes and Pigments, Resil Chemicals Pvt. Ltd., Rudolf GmbH, Stockmeier Holding GmbH, The Lubrizol Corp., and Wacker Chemie AG. Also, the functional textile finishing agents market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.