test


Member ID:
Password: 
Stay logged in for 30 days
Forget Your Password?
close

login CCFGroup App

Industry News | Time:Apr 20 2017 8:27AM
Global textile finishing agents market see steady growth
 
Text size
Global market for functional textile finishing agents is seeing steady growth. It’s anticipated to grow at a CAGR of five per cent till 2025. Increasing purchasing power and disposable income in emerging economies including China, Russia, Brazil, and India are projected to increase the demand for functional textile finishing agents in the next nine years.

Another factor is rising consumer demand for protective fabrics due to growing health awareness and hygiene concerns. Flame retardant chemicals accounted for over 22 per cent of global consumption in 2015. Increasing use 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.

The Asia Pacific market is expected to grow at an estimated CAGR of 5.5 per cent from 2016 to 2025. Asian manufacturers are launching innovative performance finishing products to increase their customer base. Expansion of multinational players in the region, along with growing local consumption and stable economic conditions, is projected to support regional growth in the coming years.

Repellent and release agents dominated the textile furnishing finishing agents market in 2015 and are projected to grow at an estimated CAGR of 4.8 per cent from 2016 to 2025.

Source: FW
Related Articles
Indonesia revitalising textile sector
U.S. cotton exports may rise 53 percent
Indonesia's Sritex adds capacity in spinning and finishing
Accord, Alliance isolate 217 errant units in Bangladesh
Burkina Faso to see surge in cotton output this season
BOI will hold road shows in China, Germany to push FDI in textile
Iranian delegation in VN to boost trade
India, Kazakhstan to increase cooperation in textiles
Strong Rupee may hit export margins of textile and apparel sector
Cotton to see boost in sowing and production on normal monsoon
 
Research
Polyester industrial chain pattern and change
Analysis of changes on China's MEG market structure
Will Indian cotton yarn price dip?
Changes in China's MEG inventory structure in 2016
Analysis on improved polyester end-user market demand in ...
Analysis on the surging nylon market in the fourth quarter ...
 
 

浙公网安备 33010902000742号