PUBLISHER: Lucintel | PRODUCT CODE: 1416762
PUBLISHER: Lucintel | PRODUCT CODE: 1416762
The future of the global technical textile chemical market looks promising with opportunities in the hygiene & medical, furniture & upholstery, automobile, building and construction, sports & leisure, personal protection, and agri & forestry markets. The global technical textile chemical market is expected to reach an estimated $12.7 billion by 2030 with a CAGR of 4.8% from 2024 to 2030. The major drivers for this market are growing demand for this textile in home furnishing & decoration sector and rising number of commercial spaces.
A more than 150-page report is developed to help in your business decisions.
The study includes a forecast for the global technical textile chemical by material type, application, end use industry, and region.
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies technical textile chemical companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the technical textile chemical companies profiled in this report include-
Lucintel forecasts that coating and sizing chemical is expected to witness the highest growth over the forecast period.
Within this market, furniture & upholstery is expected to witness the highest growth over the forecast period.
APAC is expected to witness highest growth over the forecast period.
Market Size Estimates: Technical textile chemical market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Technical textile chemical market size by material type, application, end use industry, and region in terms of value ($B).
Regional Analysis: Technical textile chemical market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different material types, applications, end use industries, and regions for the technical textile chemical market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the technical textile chemical market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
Q1. What is the technical textile chemical market size?
Answer: The global technical textile chemical market is expected to reach an estimated $12.7 billion by 2030.
Q2. What is the growth forecast for technical textile chemical market?
Answer: The global technical textile chemical market is expected to grow with a CAGR of 4.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the technical textile chemical market?
Answer: The major drivers for this market are growing demand for this textile in home furnishing & decoration sector and rising number of commercial spaces.
Q4. What are the major segments for technical textile chemical market?
Answer: The future of the technical textile chemical market looks promising with opportunities in the hygiene & medical, furniture & upholstery, automobile, building and construction, sports & leisure, personal protection, and agri & forestry markets.
Q5. Who are the key technical textile chemical market companies?
Answer: Some of the key technical textile chemical companies are as follows:
Q6. Which technical textile chemical market segment will be the largest in future?
Answer: Lucintel forecasts that coating and sizing chemical is expected to witness the highest growth over the forecast period.
Q7. In technical textile chemical market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.