DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Textile Chemicals Market By Product, By Application And Segment Forecasts, 2014 - 2025" report to their offering.
The global textile chemicals market value is anticipated to exceed USD 30.70 billion by 2025, according to this new report. The rising consumer demand for innovative and styled clothing products is exepected to be a key factor steering the market growth in the coming years.
Due to increased disposable income and high purchasing power especially in the emerging economies such as China, India, Russia, and Brazil is anticipated to result in increased demand for textile chemicals in the next eight years. However, stringent regulatory laws implemented on the usage of fabric chemicals due to its hazardous impact on environment and human health is expected to remain a critical challenge for the manufacturers.
Home furnishing applications dominated the textile chemicals market with demand exceeding 3,600 kilo tons in 2015. Apparel segment accounted for over 25% of global revenue in 2015. Increasing usage of specialty chemicals in emerging application segments such as medical, industrial, and construction textiles is expected to further boost the market growth in the next eight years.
The global industry is discreetly fragmented with the top five enterprises accounting for over 50% of the total revenue in 2015. Major companies identified in this industry include BASF, Dow Chemical Company, Bayer AG, Huntsman International LLC and Sumitomo Chemicals Co. Ltd.
Key Topics Covered:
1. Methodology and Scope
2. Executive Summary
3. Textile Chemicals Industry Outlook
4. Textile Chemicals Market: Product Outlook
5. Textile Chemicals Market: Application Outlook
6. Textile Chemicals Market: Regional Outlook
7. Competitive Landscape
8. Company Profiles
9. Company Profiles- Local Textile Chemical Manufacturers
For more information about this report visit http://www.researchandmarkets.com/research/gtp8ch/textile_chemicals