The global finishing chemicals for coated fabrics market
is projected to reach USD
20,992.2 Million by 2034, fueled by a
significant rise in demand for protective clothing across various
industries. These chemicals enhance the functionality of coated
fabrics, like adding flame retardancy, anti-static properties, and
moisture-wicking capabilities, ensuring worker safety in hazardous
environments. However, the report also delve into potential
challenges that might hinder this growth trajectory, read
more!
NEWARK, Del., June 19, 2024 /PRNewswire/ -- According to Future
Market Insights, Inc., the global finishing chemical for
coated fabrics market value is forecast to increase
from USD 12,379.3 million in 2024 to USD
20,992.2 million by 2034. Over the assessment period,
global demand for finishing chemicals for coated fabrics is
projected to surge at a CAGR of 5.4%.
The silicone softener segment is expected to dominate the global
finishing chemical for coated fabrics market through 2034. It will
likely hold a volume share of 21.9% by 2024. On the other
hand, the enzymatic bio-polishing agent segment is set to thrive at
a steady CAGR of 8.2% through 2034.
Download the Sample PDF report to explore key market
insights and trends:
https://www.futuremarketinsights.com/reports/sample/rep-gb-19686
The finishing chemical for coated fabrics market is witnessing a
steady growth rate. It is driven by diverse industrial
applications. A few key end-use areas include apparel, automotive
interiors, medical textiles, military and defense textiles, sports
textiles, home furnishings, and others.
Demand for coated fabrics in protective clothing applications is
on the rise as several industries are realizing the need for such
clothing and gear at workplaces. Several chemicals like
anti-static, flame retardant, and wicking agents impart unique
characteristics to the coated fabrics. These features are set to
help safeguard the workers working in risky and difficult
environments.
China's supportive government
policies and incentives further play a pivotal role in fostering
the growth of the finishing chemical for the coated fabrics
industry. Government measures like subsidies on research and
development, as well as investment incentives for infrastructure
development, surge the competitiveness of manufacturers in
China.
Key Takeaways from the Report
- The global finishing chemical for coated fabrics market is
projected to thrive at 5.4% CAGR through 2034.
- By product type, the silicone softeners segment is expected to
total a value of USD 3,578.9
million by 2034.
- By fabric type, the synthetic segment is expected to attain a
value of USD 14,889.2 million
by 2034.
- China is expected to account
for a significant share of about 7.2% in 2034.
- India's industry is
anticipated to reach USD 2,470.2
million by 2034.
- South Korea is projected to
attain a value of USD 1,307.2
million by 2034.
"The global finishing chemical for coated fabrics market
is poised to witness healthy growth due to strict environmental
regulations and expanding industries. New policies of government
bodies are encouraging more manufacturers to produce finishing
chemicals. Simultaneously, increasing end-use industries will help
the demand to surge." - says Nikhil Kaitwade (Associate
Vice President at Future Market Insights, Inc.).
Competitive Landscape
Key finishing chemicals for coated fabric manufacturers are
focusing on launching cutting-edge products to cater to the
specific needs of several industries. A few leading players aim to
set up innovative production facilities in emerging countries to
tap into niche areas and surge sales. With a growing focus on
reducing carbon footprint, companies are coming up with sustainable
products to create an eco-friendly business environment.
Recent Development-
- In April 2024, Devan
Chemicals, a Belgium-based
innovative textile solutions provider, introduced Devan Stain
Release, a new textile finishing technology. The release can help
wash off both oil- and water-based stains with a high focus on
sustainability. The release efficiently prevents stains like oils,
tea, mid, ketchup, and grass from entering deep into the fibers.
The product is specifically made for those who require the dual
benefits of wicking and stain-release properties.
Purchase now and gain full access to
the Finishing Chemical for Coated Fabrics Industry report,
featuring comprehensive Market Forecast, Company Share Analysis,
Competition Intelligence, DROT Analysis, Market Dynamics and
Challenges, and Strategic Growth Initiatives.
More Insights into the Global Finishing Chemical for Coated
Fabrics Market Report
In its latest report, Future Market Insights (FMI) offers an
unbiased analysis of the global finishing chemical for coated
fabrics market, providing historical data from 2019 to 2023 and
forecast statistics for the period 2024 to 2034. To understand the
global market potential, growth, and scope, the market is segmented
based on product type, fabric type, end-use, and region.
About the Chemicals and Materials Division at Future Market
Insights (FMI)
The chemicals and materials division of Future Market
Insights (FMI) offers a distinct and pinpoint analysis of the
chemicals and materials industry. This exhaustive coverage extends
from commodity, bulk, specialty, and petrochemicals to advanced
materials, composites, and nanotechnology in particular, with
special emphasis on 'green alternatives, recycling and renewable
technology developments, and supply-demand-trade assessment. Our
research studies serve as referencing market guidelines for
chemical manufacturers, research institutions, channel partners,
and government bodies for developing – 'The Way Forward'.
About the Author:
Nikhil Kaitwade (Associate Vice President at Future Market
Insights, Inc.) has over a decade of experience in market research
and business consulting. He has successfully delivered 1500+ client
assignments, predominantly in Automotive, Chemicals, Industrial
Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research
methodology, creating a unique analysis framework, statistical data
models for pricing analysis, competition mapping, and market
feasibility analysis. His expertise also extends wide and beyond
analysis, advising clients on identifying growth potential in
established and niche market segments, investment/divestment
decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in
Mechanical Engineering. Nikhil has authored several publications
and quoted in journals like EMS Now, EPR Magazine, and EE
Times.
Explore FMI's Extensive Coverage in the Chemicals
Domain:
- Textile Flooring Market Analysis by Tufting, Woven, and
Needlefelt from 2023 to 2033. – Review and Request to Access the
Sample Report.
- Textile Colorant Market by Product Form, Application,
Dye Type, Fibre Type & Region - Forecast 2022 – 2032. –
Review and Request to Access the Sample Report.
- Textile Auxiliaries Market by Product Type, End Use
& Region | Forecast 2022 to 2032. - Review and Request to
Access the Sample Report.
- Technical Textiles Market Analysis by Nonwoven and
Composites through 2033. - Review and Request to Access the
Sample Report.
- Floor Screed Market Analysis by Cementitious and Calcium
Sulfate Screed through 2034. - Review and Request to Access the
Sample Report.
- Lining Market Analysis by Polymer and Rubber through
2034. - Review and Request to Access the Sample Report.
- LED Phosphor Material Market Analysis by ELC and Modular
Light Engines through 2034. - Review and Request to Access the
Sample Report.
- Glycerol Monostearate Market Analysis by Opacifier and
Emulsifier through 2034. - Review and Request to Access the
Sample Report.
- Car Wash Detergent and Soap Market Analysis by Drying
Agents and Foam Detergents through 2034. - Review and Request to
Access the Sample Report.
- Asphalt Shingle Market Analysis by Fiberglass and
Organic Compositions through 2034. - Review and Request to
Access the Sample Report.
- Ferric Sulfate and Polyferric Sulfate Market Analysis by
Ferric Sulfate and Polyferric Sulfate through 2034. - Review and
Request to Access the Sample Report.
- Emission Control Catalyst Market Analysis by Diesel and
Gasoline-based Catalysts through 2034. - Review and Request to
Access the Sample Report.
- Marking Coating Market Analysis by Water-based and
Solvent-based Marking Paint through 2034. - Review and Request
to Access the Sample Report.
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading market intelligence
and consulting service provider, serving clients in over 150
countries. FMI is headquartered in Dubai and has delivery centers in the UK, the
U.S., and India. FMI's latest
market research reports and industry analysis help businesses
navigate challenges and make critical decisions with confidence and
clarity amidst breakneck competition. Our customized and syndicated
market research reports deliver actionable insights that drive
sustainable growth. A team of expert-led analysts at FMI
continuously tracks emerging trends and events in a broad range of
industries to ensure that our clients prepare for the evolving
needs of their consumers.
Contact Us
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
Logo:
https://mma.prnewswire.com/media/1197648/3531122/FMI_Logo.jpg
View original
content:https://www.prnewswire.co.uk/news-releases/finishing-chemicals-for-coated-fabrics-market-to-hit-usd-20-992-2-million-by-2034--driven-by-protective-clothing-demand-302176471.html