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World Textile Chemicals Market Hits USD 25.24 Billion by 2020 : Grand View Research

GrandViewResearch.com has announced the addition of "Global Textile Chemicals Market Analysis And Segment Forecasts To 2020" Market Research report to their Database.

 
 
Grand View Research
Grand View Research
PRLog - May 9, 2014 - The global market for textile chemicals is expected to reach USD 25.24 billion by 2020, according to a new study by Grand View Research, Inc. High demand from key application markets including home furnishing and apparel are expected to be a key driving force for the market. The apparel industry has witnessed increased per capita consumption primarily in India, Brazil, China and Russia which is expected to result in increased demand for textile chemicals over the forecast period. However, environmental hazards associated with the use of these chemicals, resulting in an unfavorable regulatory landscape are expected to be a critical challenge for market participants.

Home furnishing was the largest application segment of the market, with demand exceeding 3,500 kilo tons in 2013. Apparel followed home furnishing applications, accounting for 26.0% of global demand in 2013 and is expected to witness fastest growth, at an estimated CAGR of 3.4% from 2014 to 2020. Growth is also expected to be high in emerging application segments such as industrial textiles, medical textiles and construction textiles.

The report “Textile Chemicals Market Analysis and Segment Forecast To 2020,” is available now to Grand View Research customers at http://www.grandviewresearch.com/industry-analysis/textil...

Inquiry Before Buying @
http://www.grandviewresearch.com/inquiry/339

Further key findings from the study suggest:

• Global textile chemical market volume was 9,230.1 kilo tons in 2013 and is expected to reach 11,462.5 kilo tons by 2020, growing at a CAGR 3.2 % from 2014 to 2020.

• Asia Pacific was the largest regional market and is expected to be the fastest growing region over the forecast period, at an estimated CAGR of 3.5% from 2014 to 2020. Presence of large application industry, coupled with growing domestic textile consumption is expected to help the region maintain its dominance over the forecast period.

• Coating and sizing chemicals were the largest consumed textile chemicals, with market revenue exceeding USD 5.90 billion in 2013. Colorants were the second largest product segment accounting for 26.3% of the global market in 2013.

• The global textile chemical market is moderately consolidated with the top four companies accounting for just over 40% of the market in 2013. Clariant International and Hunstman Internation LLC were key players in the market together accounting for 25% of the market share in 2013.

Request Free Sample of This Report @ http://www.grandviewresearch.com/industry-analysis/textil...

For the purpose of this study, Grand View Research has segmented the global Textile Chemicals market on the basis of application, product and region:

• Textile Chemicals Application Outlook (Volume, Kilo tons; Revenue, USD Million, 2012 - 2020)
- Home Furnishing
- Apparels
- Industrial and Others

• Textile Chemicals Product Outlook (Volume, Kilo tons; Revenue, USD Million, 2012 - 2020)
- Coating & Sizing Chemicals
- Colorants & Auxiliaries
- Finishing Agents
- Surfactants
- Desizing Agents
- Bleaching Agents
-Yarn Lubricants

• Textile Chemicals Regional Outlook (Volume, Kilo tons; Revenue, USD Million, 2012 - 2020)
-North America
-Europe
-Asia Pacific
-RoW

Latest Market Research Published By Grand View Research:

Advanced Phase Change Materials (APCM) Market Analysis By Application (Building & Construction, Commercial Refrigeration, HVAC, Energy Storage And Shipping & Transportation) And Segment Forecasts To 2020 ( http://www.grandviewresearch.com/industry-analysis/advanced-phase-change-materials-apcm-market ) The global market for advanced phase change material is expected to reach USD 1,765.8 million by 2020, according to a new study by Grand View Research, Inc. Growing need to conserve energy across various industries and sector is expected to be one of the major driving factors for the market. In addition, stringent regulations imposed on various industries to reduce green house gases emission has also helped in developing the market for advanced phase change material. Consumption of APCM is expected to reduce the overall demand for energy by up to 50% by 2050.

Glass Packaging Market Analysis By Application (Food and Beverage, Beer, Pharmaceuticals) And Segment Forecasts To 2020 ( http://www.grandviewresearch.com/industry-analysis/glass-packaging-market-analysis ) The global market for Glass Packaging is expected to reach USD 68.4 billion by 2020, according to a new study by Grand View Research, Inc. Growing beer consumption, especially in parts of Eastern Europe and Asia Pacific is expected to be a key driver for the growth of the market over the next five years. In addition, the increasing preference towards use of glass in packaging of food and beverage, pharmaceuticals and cosmetics is further expected to boost the market in the near future. Alcoholic Beverages were the largest consumers of glass packaging and consumed over 25,000 kilo tons of glass in 2013.

About Grand View Research

Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit http://www.grandviewresearch.com/


Contact:
Sherry James, Corporate Sales Specialist
Grand View Research, Inc
San Francisco, California, USA
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
sales@grandviewresearch.com
http://www.grandviewresearch.com

Contact
Sherry James
1-415-349-0058
***@grandviewresearch.com

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Source:Grand View Research, Inc
Country:United States
Industry:Business, Industrial
Tags:grand view research, textile chemicals market, market research report, market analysis, segment forecasts 2020
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