Albany, NY -- (ReleaseWire) -- 04/11/2014 -- Transparency Market Research "Textile Chemicals Market: Global Industry Analysis, Market Size, Share, Growth and Forecast, 2009 - 2018," the global textile chemicals market is expected to be worth USD 19,627.0 million in 2013 and is further expected to reach USD 23,423.4 million in 2018, growing at a CAGR of 3.6% from 2013 to 2018. In the overall global market, Asia Pacific dominated the textile chemicals market with a market share of 52.3% in 2011, followed by North America at 17.9%.
Globally, textile chemicals market is driven by the growth of the global apparels market and technical textiles market. The global textile chemicals industry, by product type was led by coating and sizing chemicals with 32.1% of the market in 2011, closely followed by colorants and auxiliaries with 26.9% of the market in 2011.
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Other types of textile chemicals include surfactants, desizing agents, bleaching agents and yarn lubricants. The collective share of such textile chemicals amounted to 22.9% of the global textile chemicals market by product in 2011.
Textile chemicals find its application in home furnishing, apparels, industrial and other market, with the home furnishing market accounting for 38.9% of the application market of textile chemicals, closely followed by industrial application market in 2011.
Asia Pacific along with being the largest market is also the fastest growing market for textile chemicals with about 4% growth during the forecast period. North America and Europe are expected to grow at a slower rate than the global average.
This research is specially designed to estimate and analyze the production, consumption and price trends of textile chemicals in a global scenario. This research provides in-depth analysis of textile chemical producers, production and trend analysis by segments and demand by geography. The report covers all the major product segments of the global textile chemicals market and provides in-depth analysis, historical data and statistically refined forecast for the segments covered. The study presents a comprehensive assessment of the stakeholder strategies and winning imperatives for them by segmenting the global textile chemicals market as below:
Textile Chemicals Market, by Application
- Home Furnishing
- Industrial and Other
Textile Chemicals Market, by Product Type
- Coating and Sizing Chemicals
- Colorants and Auxiliaries
- Finishing Agents
- Desizing Agents
- Bleaching Agents
- Yarn Lubricants
In addition the report provides a cross-sectional analysis of all the above segments with respect to the following geographical markets:
- North America
- Rest of the World (RoW)
Along with these some regional data of Turkey, U.S., Brazil, Mexico, China, India, Thailand and Indonesia is also provided in this report.
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