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Global Textile Chemical Market

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By Author: Dimitri Maximize
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Global Textile Chemical Market was sized US$25 Bn in 2017 and is anticipated to reach US$31.90 Bn by 2026 at a CAGR of about 2.75 % during a forecast Period.

Global Textile Chemical Market

Global Textile Chemical market is segmented by fiber, by product, application and by region. In terms of fiber, Natural and Synthetic fibers. Coating & Sizing Chemicals, Colorants & Auxiliaries, Finishing Agents, Surfactants, Desizing Agents and Others are the product segment of the textile chemical market. Fertilizers, Industrial application, Food Additive, Pharmaceutical and Others are application segment of Textile Chemical market. Geographically into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

Textile chemicals include a vast line of products ranging from highly specialized chemicals, such as flame-retardants, pH regulators to relatively simple commodity chemicals, like bleaches. They are an integral part of various commercial and industrial sectors, where any sort of fabric is used in operation. Based on Fiber, Synthetic fiber is estimated to lead the overall textile chemicals market in 2017. The large share of synthetic fiber is due to their wide usage in different applications, better performance, and cost-effectiveness. Moreover, synthetic fibers are more durable than natural fibers and can easily pick up dyes.

The apparel segment was estimated to be the largest consumer of textile chemicals in 2017. The large market share of this segment is due to the extensive use of textile chemicals in outerwear and sportswear. Apparel production is a springboard for national development. It is expected to remain the single-largest and fastest-growing market for coming years.

For more information visit : https://www.maximizemarketresearch.com/market-report/global-textile-chemical-market/16123/

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