Portland, OR -- (SBWIRE) -- 06/27/2018 -- Global Textile Chemical Market is expected to reach $27,560 million by 2022 from $21,770 million in 2015, and, growing at a CAGR of 3.4% from 2016 to 2022. The report encompasses textile chemicals market analysis in terms of product type and applications. The product type segment namely coating & sizing chemicals, finishing agents, colorants & auxiliaries, surfactants, desizing agents, yarn lubricants, and bleaching agents are covered under the scope of the report. The applications of textile chemicals include home furnishings, apparels, and industrial chemicals.

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The significant impacting factors in the textile chemicals industry include development of apparel industries due to increase in demand for consumers and growth in population. Along with these factors, the market is influenced by the increase in demand for home furnishing products, evolution of environmental friendly chemicals required by textiles industries, and development of packaging industries, which require large textile chemicals. The above-mentioned factors collectively create opportunities for the market growth while factors such as unfavorable effects of textile chemicals pose limitations in the market. However, each factor would have its definite impact on the market during the forecast period.

On-going advancements in the textile chemicals market due to innovative efforts have further enhanced the efficiency of these chemicals. The report includes textile chemical market forecast from 2016 to 2022. To understand the market, drivers, restraints, and opportunities are explained in the report. Further, the key strategies adopted by potential market leaders to facilitate the effective planning are also discussed under the scope of the report. The market value and volumes are further derived using bottom-up approach and by considering price trends. The data are gathered majorly from the secondary sources such as company publications, Hoovers, Factiva, and similar others. Collected data after analysis are validated from the C-level executives and directors of the companies present in the global textile chemicals industry.

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KEY MARKET BENEFITS:
-The report provides an in-depth analysis of the textile chemical market with current and future estimates to elucidate the investment pockets.
-Current and future trends determine the overall market attractiveness and to single out profitable trends to gain a stronger foothold in the market.
-The report provides information regarding key drivers, restraints, and opportunities along with their impact analysis on the textile chemicals market.
-Quantitative analysis of the current market and estimations for 2014?2022 are provided to understand the financial competency of the market.
-Porters Five Forces Model of the industry illustrates the potency of the buyers & suppliers participating in the market.
-Comprehensive analyses of all regions are provided to determine the predominant opportunities in these geographies.

Key players profiled in this report include Huntsman International LLC, Dow Chemical Company, DyStar Group, Kiri Industries Limited, Pulcra Chemicals, Archroma, OMNOVA Solutions Inc., The Lubrizol Corporation, Covestro AG, and BASF SE.
Other major players (not profiled in a report) in the industry are CHT/BEZEMA Group, Clariant, Bayer AG, Sumitomo Chemicals, Sarex, and Lonson Inc.

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