The textile auxiliaries market refers to the industry that produces chemicals and other substances used in the processing of textiles. These auxiliaries are added to textile materials during various stages of production to enhance their properties, such as improving dyeing, printing, finishing, and sizing processes. The market for textile auxiliaries is driven by the growing demand for high-quality and customized textile products, especially in developing countries. The use of these chemicals in textile production also helps to increase the efficiency of manufacturing processes and reduce environmental impact. However, concerns over the use of certain chemicals and their impact on human health and the environment have led to a growing interest in more sustainable and eco-friendly alternatives in the textile industry.
Market Dynamics:
- Textile industry is witnessing a rapid growth, owing to novel fabric finishes such as mosquito repellent, antistatic, antibacterial, and fire retardant materials. For instance, according to European Apparel and Textile Confederation report of 2017, the textile and clothing industry in EU 28 increased to US$ 206.9 billion in 2017 from US$ 200.4 billion in 2016. To get a finished material, various chemical auxiliaries are used in textile processing. According to a thesis ‘Towards Sustainable Use of Chemicals in the Textile Industry’ of Chalmers University of Technology, 2015, around 1.5 to 6.9 kg of chemicals are used for the production of 1 kg of garment.
- Use of natural and environmentally safer textile auxiliaries is expected to drive the market growth, owing to stringent governmental regulations applied on use of toxic chemicals in textiles. For instance, according to the Official Journal of European Union, February 2016, textiles containing nonylphenol ethoxylate (NPE), a surfactant, ≥0.01% will be banned from sale within EU from February 3, 2021, as NPE is toxic to environment.
- Moreover, to reduce the adverse effects of textile manufacturing process on environment and the toxic waste generated thereof, the Sustainable Clothing Action Plan 2020 (SCAP) was launched in 2013 by the government of U.K. along with Waste and Resources Action Program (WRAP). Their target is to reduce 15% carbon footprint; 15% water footprint; 15% waste to landfill; and 3.5% reduction in waste arising over the whole textile product life-cycle by 2020.
- Therefore, developing a production process that utilizes lower energy and water, prevents use of toxic chemicals, and reduces waste generation is of utmost importance for textile manufacturing. Increasing awareness regarding environmental conservation is expected to drive demand for greener textile auxiliaries such as enzymes or natural colorants, which will offer eco-friendly textile processing methods in the global textile auxiliaries market.
Key players:
- Key players operating in the global textile auxiliaries market include Croda, Huntsman International LLC, The Dow Chemical Company, Lubrizol Corporation, Covestro, AkzoNobel N.V. (Nouryon), Archroma, and Sarex Chemicals
Latest Textile Auxiliaries Market Report published by Value Market Research, it provides a comprehensive market analysis which includes market size, share, value, growth, trends during forecast period 2020-2027 along with strategic development of the key player with their market share.
Further, the market has been bifurcated into sub-segments with regional and country market with in-depth analysis.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the textile auxiliaries market include Huntsman International LLC, Solvay, Archroma, Dow Chemicals, ZSCHIMMER & SCHWARZ, Fibro Chem, LLC, Evonik Industries AG, Fineotex Group, Camex Ltd., Croda International Plc, The Lubrizol Corporation, OMNOVA Solutions Inc., Covestro AG, Tata Chemicals Ltd.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Textile Auxiliaries Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/textile-auxiliaries-market/download-sampleMarket DynamicsThe textile auxiliaries’ market is driven largely by the growing fashion trends leading to increased production.
The main restraining factors like the environmental impact and stringent rules imposed can hamper market growth.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis.
The Textile Auxiliaries Market 2021 research report gives emerging industry data, global segments and regional outlook.
This report covers up all details such as size, share, value, growth, restraints, and opportunities for the year 2020 to 2027.
The report generated using various analysis tools like porter’s five forces model, market attractiveness and value chain.
The report gives comprehensive review of the global market helping to club revenue generation and profitable business to transform client’s success.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the textile auxiliaries market include Huntsman International LLC, Solvay, Archroma, Dow Chemicals, ZSCHIMMER & SCHWARZ, Fibro Chem, LLC, Evonik Industries AG, Fineotex Group, Camex Ltd., Croda International Plc, The Lubrizol Corporation, OMNOVA Solutions Inc., Covestro AG, Tata Chemicals Ltd.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Textile Auxiliaries Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/textile-auxiliaries-market/download-sampleMarket DynamicsThe textile auxiliaries’ market is driven largely by the growing fashion trends leading to increased production.
