August 08, 2022 07:00 ET | Source: Transparency Market Research Transparency Market Research

Albany, New York, UNITED STATES

Wilmington, Delaware, United States, Aug. 08, 2022 (GLOBE NEWSWIRE) -- Transparency Market Research Inc. - Wide range of use of textile auxiliaries chemicals in the processing of fabric underpins growth opportunities for firms in the textile auxiliaries market. Fabric producers are utilizing various textile auxiliaries to impart texture and colors to cater to the demands in fashion and apparel industry. The value of the global textile auxiliaries market was pegged at US$ 8.0 Bn in 2021.

The in-depth business intelligence study observed that textile auxiliaries uses are proliferating in processing textiles that find use in home furnishings, whereby enormous value-grab opportunities are found in developing countries. Substantial applications of textile auxiliaries in dyeing and printing are estimated to create sizable revenue potential for players during the forecast period. Growing use of technical textiles in variety of applications in turn is expanding the avenue for firms in the textile auxiliaries market.

The analysts found that finishing agents accounted for a promising revenue share of the textile auxiliaries market. Rise in production of technical textile will generate abundant opportunity in the near future. In developed regions, particularly in Europe, the demand for home textiles and synthetic fibers has spurred the consumption of textile auxiliaries.

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Key Findings of Textile Auxiliaries Market Study

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Textile Auxiliaries Market: Key Drivers

Textile Auxiliaries Market: Regional Growth Dynamics

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Textile Auxiliaries Market: Competition Landscape

A few vendors exercise prominence over the demand and supply dynamics in the textile auxiliaries market, found the analysts in the TMR study, rendering the landscape increasingly fragmented.

Some of the key players are:

A few other prominent companies profiled in the study are Covestro AG, Camex Ltd., Fineotex Group, and Croda International Plc.

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