Textile Chemicals Market Is Estimated To Rise, Based On Increasing Demand From Major Applications Including Apparel, Home Furnishing, Technical Textiles
Textile Chemicals Industry Overview The global textile chemicals market is expected to reach USD 36.13 billion by 2030, as per the new report by Grand View Research, Inc., rising at a CAGR of 4.7% during the forecast period. The growth is majorly driven by increasing demand for textile products from major applications including apparel, home furnishing, technical textiles, and others. Rapidly growing demand from the apparel industry is anticipated to propel the demand for the product during the forecast period. Home furnishing, specifically in developing economies, demanding modern and attractive furniture products is expected to have a positive impact on the growth of the market. Textile Chemicals Market Segmentation Grand View Research has segmented the global textile chemicals market report based on process, product, application, and region: Based on the Process Insights, the market is segmented into pretreatment, coating and treatment of finis...