Asia-Pacific will dominate the Textile Chemicals Market

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The U.S Textile Chemicals Market is estimated to
be valued at 3568 million in 2017 and is poised
to exhibit a growth of 3.38 CAGR through 2023
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Asia-Pacific will dominate the Textile Chemicals
Market Asia-Pacific will have the largest share
in the Textile Chemicals Market. The growth of
the textile production in the countries of
In dia, China, Vietnam, Malaysia, Bangladesh, and
Indonesia will drive the demand for the market in
Asia Pacific. The application growth of the
industrial and automotive sector in the China,
India, and Japan is expected to spur the market
growth.
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Selected Regulatory Analysis Done in the Full
Report
The home furnishings segment will dominate the
Textile Chemicals Market in the forecast period.
The growth of the per capital spending on home
furnishings in BRICS(Brazil, Russia, India,
China, South Africa) will drive the growth of
textile chemicals in the architectural
applications. For the next eight years, the
industrial applications will have a major share
due to increasing demand for high quality
textiles in plants for providing protection and
safety caused by properties such as temperature
and pressure.
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Selected Driving Factors Mentioned in the Full
Report

• Increasing expenditure on home furnishings spurs
  the growth of the textile dyeing chemicals in the
  forecast period.
• The shifting of textile manufacturing industries
  to developing countries will propel the demand
  for the textile chemicals market.
• The evolution of environmental friendly chemicals
  will provide opportunities to the textile
  chemicals market.
• The increase in consumer spending on high quality
  products is expected to influence the demand for
  textile printing chemicals

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5
Key Players of the Textile Chemicals Market

• The Dow Chemical Company
• The Lubrizol Corporation
• BASF SE
• Huntsman Corporation

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