Textile Chemicals Market Analysis, Emerging Trends, Forecast and COVID-19 Impact Analysis

Stratview Research releases a new insightful report on the Textile Chemicals Market, that makes efforts at providing deep insights into numerous factors that are vital to the growth of this industry.

Market Insights

According to the present report, the textile chemicals market size was valued at USD 26.42 Billion in 2021 and is likely to grow at a CAGR of 4.52% during 2022-2028 to reach USD 36.14 Billion in 2028.

The major contributing factors driving the market for textile chemicals are their demand owing to the increasing population and for apparel and technical textiles.

COVID-19 IMPACT

The global textile chemicals market was badly hit by the pandemic in the year 2020. Many textiles chemicals-producing countries stopped production due to lockdowns and restrictions. This led to supply chain disruption in the textile chemicals market.

What are textile chemicals?

Textile chemicals are the chemicals that are extensively used in the textile industry to improve the performance and properties of clothes.

Key players mentioned in the report are -

Some of the major players mentioned in the report are listed below-

• ABITEC
• Achitex Minerva Spa
• Air Products & Chemicals Inc.
• Arkema
• Nouryon
• The Lubrizol Corporation
• Chemipol (Kothari Group of Industries)
• Dainichizeika Color & Chemicals Mfg. Co. Ltd
• The Dow Chemical Company
• Formosa Organic Chemical Industry Co. Ltd.

What we do-

Stratview Research is a global market research and consulting company. We provide unmatched quality of offerings to our clients existing globally. We at Stratview Research are obliged to serve our diverse customer base present across the industries of Aerospace, Oil and Gas, Automotive, and Chemicals, etc. among various other industries present around the world. We strive to provide our customers with updated information on ground-breaking technologies, high growing markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities.