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Showing posts with the label Functional Textile Finishing Agents Industry

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 re...