MarkNtel Advisors recently published a detailed industry analysis of the India Textile Chemicals Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
India Textile Chemicals, Share, and Trends Analysis Report – Industry Overview and Forecast to 2028
The India Textile Chemicals Marketis projected to grow at a CAGR of around 11% during the forecast period, i.e., 2023-28.
Key Findings in India Textile Chemicals Market:
- Historical Analysis: 2018 –2021
- Base Year: 2022
- Forecast Period: 2023-2028
Leading Market Players- Archroma India Pvt. Ltd., Croda, Huntsman International, Rossari Biotech Ltd., CHT India Pvt. Ltd., Kiri Industries, Bodal Chemicals, Indofil Industries, Fibro Organic, Jaysynth Dyestuff, Others
Key Highlights of the Report
- Market Dimensions And Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
What are the major Driver the India Textile Chemicals industry?
A Swift Surge in The Technical Textile Demand- With the comprehensive utility in automotive applications and healthcare setups, technical textiles in India have witnessed a sudden demand explosion. Other than these, their role as geotextiles, agro textiles, and protective clothing has also intensified the competition among Indian manufacturers. The surge in demand is primarily due to their superior physical and functional properties. Textile chemicals, especially auxiliaries, are crucial for technical textiles as they provide the required specific properties to the fabric, such as enhanced desired color during manufacturing. Further, the ever-increasing demand for supreme quality textile products presented by Western markets like North America and Europe enables India to fold its export in the coming years.
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What segments define the India Textile Chemicals Market from 2023 to 2028? How do these segments contribute to market dynamics and growth?
By Type
- Coating & Sizing Agents
- Colorants & Auxiliaries
- Finishing Agents
- Surfactants
- Desizing Agents
- Others
According to report, Here, Colorants and Auxiliaries accounted for the highest share of the India Textile Chemicals market in the historical period.
By Application
- Apparel
- Home Textile
- Technical Textile
According to report, In the historical period, the Home Textile segment captured a significant share of the textile chemicals market in India.
By Fiber
- Natural Fiber
- Synthetic Fiber
Explore the Complete India Textile Chemicals Market Analysis Report – https://www.marknteladvisors.com/research-library/india-textile-chemicals-market-analysis.html
Geographical Analysis: India Textile Chemicals Market
By Region
- North
- East
- West
- South
India Textile Chemicals Industry Recent Development:
- In August 2022, Archroma, a global leader in sustainable specialty chemicals and solutions, announced its acquisition plan to acquire the Textile Effects business from Huntsman Corporation.
- The Technology Upgradation Fund Scheme[TUFS] and the Scheme for Integrated Textile Parks (SITP) both involve sizable expenditures. The government included approximately US$ 97 million for the Amended Technology Upgradation Fund Scheme (ATUFS), in the Union Budget 2019–20.
Key Questions Addressed in This Study
- What are the primary factors driving the growth of the India Textile Chemicals?
- How is the India Textile Chemicals expected to evolve over the next five years?
- What key insights can be drawn from current trends shaping the market?
- What is the current market size, and how is it forecasted to change in the coming years?
- What is the future outlook for the market in terms of technological innovation and geographic expansion?
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Why MarkNtel Advisors?
MarkNtel Advisors is a leading research, consulting, And data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial And varied client base, including multinational corporations, financial institutions, governments, And individuals, among others.
Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing And forecasting, And trend analysis, among others, for 15 diverse industrial verticals.
More Research Studies Report:
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