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. 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.
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.
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.
Browse full report by Grand View Research :
Further key findings from the report suggest:
·
The global denim finishing agents industry
was valued at USD 1.19 billion in 2016 and is projected to grow at a CAGR of
7.8% from 2017 to 2025
·
Enzymes are anticipated to grow at the
fastest rates over the next eight years. The use of enzymatic chemicals
supports the reduction of process time energy and chemical consumption
throughout the denim washing cycle, in compliance with sustainable
improvements.
·
The bleaching agents market in the U.S. was
worth USD 13.97 million in 2016
·
Asia Pacific dominated the global finishing
agents market and is estimated to grow at a CAGR of 9.1% from 2017 to 2025
·
The global denim finishing agents market is
fragmented with the top 7 companies accounting for just around 50% of the total
revenue in 2016. 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.
Browse
more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/plastics-polymers-and-resins
Grand View Research has
segmented the denim finishing agents market on the basis of product and region:
Denim Finishing Agents Product Outlook (Revenue, USD
Million 2014 - 2025)
·
Enzymes
·
Resins
·
Softeners
·
Defoamers
·
Bleaching agents
·
Crush resistant agents
·
Anti-back staining agents
·
Others
Denim Finishing Agents Regional Outlook (Revenue, USD
Million 2014 - 2025)
·
North America
o
U.S.
o
Canada
o
Mexico
·
Europe
o
Germany
o
U.K.
o
France
o
Italy
o
Russia
o
Turkey
o
Poland
·
Asia Pacific
o
China
o
India
o
Japan
o
Vietnam
o
Sri Lanka
o
Pakistan
o
Bangladesh
o
Indonesia
o
Taiwan
o
South Korea
·
Central America
o
El Salvador
o
Guatemala
o
Honduras
o
Dominican Republic
·
South America
o
Colombia
o
Argentina
o
Brazil
o
Peru
o
Ecuador
o
Chile
·
Africa
o
Morocco
o
Tunisia
o
Kenya
·
Middle East & Africa
Access press release by Grand View Research
: http://www.grandviewresearch.com/press-release/global-denim-finishing-agents-market
About Grand View Research
Grand View
Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more information: http://www.grandviewresearch.com
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