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Functional Textile Finishing Agents Market Trend, Segmentation and Forecast to 2025

The rising consumer demand for protective fabrics due to growing health awareness and hygienic concerns is expected to steer the market growth in the coming years. The Global Functional Textile Finishing Agents Market value is anticipated to exceed USD 4.52 billion by 2025, according to a new report by Grand View Research, Inc.
 

Increasing purchasing power and disposable income in the emerging economies including China, Russia, Brazil, and India is projected to increase the demand for functional textile finishing agents in the next nine years.

However, strict regulatory guidelines adopted in the usage of chemicals due to its toxic impacts on human health and environment, it is anticipated to remain a vital challenge for the global manufacturers.

Repellant and release agents dominated the textile furnishing finishing agents market in 2015, with demand exceeding 250 kilo tons for the same year. It is projected to grow at an estimated CAGR of 4.8% from 2016 to 2025. Flame retardant chemicals accounted for over 22% of global consumption in 2015.

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Increasing usage of performance finishing agents to discover innovative value-added fabrics so as to strengthen existing product lines and diversify into new horizons is expected to further boost the industry growth over the forecast period.

Top Players of Functional Textile Finishing Agents Market:

Major companies identified in this industry include Dow Chemical Company, BASF, Bayer AG, Sumitomo Chemicals Co. Ltd. and Huntsman International LLC.

Market Segmentation of Functional Textile Finishing Agents Market:

The Global Functional Textile Finishing Agents Market segmented on the basis of Product and Region.

By Product:

    Antimicrobial /Anti-inflammatory
    Flame Retardant
    Repellent and Release
    Temperature Regulation
    Durable Press/Wrinkle Resistant

By Region:

    North America
    Europe
    Asia Pacific
    Central & South America
    Middle East & Africa

Inquire about Aerospace Functional Textile Finishing Agents Market with Our Experts @ https://www.grandviewresearch.com/inquiry/4266
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