DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Functional Textile Finishing Agents Market by Product (Antimicrobial, Flame Retardant, Repellent and Release, Temperature Regulation, Durable Press/Wrinkle Resistant), By Region, Competitive Strategies, And Segment Forecasts, 2014 - 2025" report to their offering.
The global functional textile finishing agents market value is anticipated to exceed USD 4.52 billion by 2025.
The rising consumer demand for protective fabrics due to growing health awareness and hygienic concerns is expected to steer the market growth in the coming years.
Increasing purchasing power and disposable income in the emerging economies including China, Russia, Brazil, and India is projected to increase the demand for functional textile finishing agents in the next nine years. However, strict regulatory guidelines adopted in the usage of chemicals due to its toxic impacts on human health and environment, it is anticipated to remain a vital challenge for the global manufacturers.
Repellant and release agents dominated the textile furnishing finishing agents market in 2015, with demand exceeding 250 kilo tons for the same year. It is projected to grow at an estimated CAGR of 4.8% from 2016 to 2025. Flame retardant chemicals accounted for over 22% of global consumption in 2015. Increasing usage of performance finishing agents to discover innovative value-added fabrics so as to strengthen existing product lines and diversify into new horizons is expected to further boost the industry growth over the forecast period.
Key Topics Covered:
1. Methodology and Scope
2. Executive Summary
3. Functional Textile Finishing Agents Industry Outlook
4. Functional Textile Finishing Agents Market: Product Outlook
5. Functional Textile Finishing Agents Market: Regional Outlook
6. Competitive Landscape
7. Company Profiles
- Dow Chemical Company
- Sumitomo Chemicals Co., Ltd.
- BASF SE
- Bayer AG
- Huntsman International LLC
- Kiri Industries Limited
- Omnova Solutions, Inc.
- Lubrizol Corporation
- Evonik Industries
- Organic Dyes and Pigments LLC
- Ethox Chemicals, LLC
For more information about this report visit http://www.researchandmarkets.com/research/srq9zn/functional