Increasing demand for high-quality enzymes and softeners due to rise in consumption of denim clothing and accessories in emerging economies of Asia Pacific is anticipated to steer the market growth in the coming years.
The Global Denim Finishing Agents Market value is anticipated to reach USD 2.21 billion by 2025, according to a new report by Grand View Research, Inc.
The Global Denim Finishing Agents Market value is anticipated to reach USD 2.21 billion by 2025, according to a new report by Grand View Research, Inc.
Jeans has become a wardrobe essential as it is durable, comfortable, and lasts longer than other materials. Jeans are available in a wide range of styles and colors to cater to the requirements of consumers. Denim is a versatile fabric and has surpassed gender and age barriers over the years.
It is a classic fashion trend that is widely endorsed by the models of key global fashion brands. The fabric trades that are based on fits and styles are heavily dependent on celebrity fashion and street style. All these factors are expected to spur the demand for denim finishing agents used in fabric washing process during the forecast period.
Moreover, the multinational industrial players such as BASF SE, Dow Chemical Company, Huntsman Corporation, Seydel Companies, Garmon Chemicals, and Asutex are projected to launch new and innovation finishing technologies for the denim collections, to maintain and retain consumer interest and increase the sales. As a result, the private and public labeled players are anticipated to expand their portfolios and continue to impart some innovation for the products to satisfy customer needs.
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Softeners dominated the product segment with the revenue worth USD 247.7 million in 2016 and anticipated to grow at an estimated growth rate of 9.1% from 2017 to 2025. Softeners provide soft finishing with surface smoothness, low yellowing, and improvement in physical properties of the fabrics.
Top Players of Denim Finishing Agents Market:
Some of the global players in the industry include BASF, Dow Chemical, Huntsman International LLC, Seydel Companies, Rudolf GmbH, Ab Enzymes, and Organic Dyes and Pigments.
Market Segmentation of Denim Finishing Agents Market:
The Global Denim Finishing Agents Market segmented on the basis of Product and Region.
By Product:
Enzymes
Resins
Softeners
Defoamers
Bleaching agents
Crush resistant agents
Anti-back staining agents
By Region:
North America
Europe
Asia Pacific
Central America
South America
Africa
Middle East & Africa
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