Asia Textile Sizing Chemicals Market - Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (Asia)

The latest market data reveals a promising future for the Textile Sizing Chemicals market in Asia, as it continues to witness robust growth. According to the newly-released data from the publisher, the market is expected to reach approximately US$445 million by the end of 2024, with a year-on-year growth of around 5.9%. The forecast for the period of 2024 to 2033 projects a remarkable growth on a value basis, with demand expected to soar to US$790 billion by 2031.

Sizing Agents Driving Market Growth

One of the primary factors propelling the growth of the Textile Sizing Chemicals market in Asia is the widespread use of sizing agents in textile production. These agents play a crucial role in preventing yarns such as cotton, linen, and polyester from breaking during weaving, thereby reducing machine downtime. They enhance yarn durability and abrasion resistance while minimizing hairiness. To meet the current demands of high-performance looms, there is a growing shift towards synthetic sizing agents like polyvinyl alcohol, Carboxymethyl cellulose, and polyacrylates.

Environmental Considerations

Despite the robust growth, the market is not without challenges. Environmental concerns are driving the search for viable alternatives to traditional sizing agents. Keratin, a biodegradable alternative to polyvinyl alcohol (PVA), is gaining traction. Keratin offers similar sizing efficiency to PVA and has the added benefit of being environmentally friendly, making it an attractive option for the industry.

Country-wise Analysis

• China's Dominance: China continues to be a significant player in the Asia Textile Sizing Chemicals market due to its strong exports in textiles and apparel, accounting for 37% of total exports. The growing demand for comfortable and sustainable clothing in the Asia-Pacific region further fuels the expansion of China's textile chemicals industry.
• India's Emerging Role: India's robust textile and chemical industries, rising per capita income, favorable demographics, and trade regulations position it as a key emerging market. The growing demand for specialty chemicals in the manufacturing sector, along with India's diverse range of fibers and yarns, including cotton, wool, and silk, create lucrative opportunities.

Competitive Analysis

The Textile Sizing Chemicals market in Asia is characterized by strong competition among major players, who collectively hold over half of the market value share. These companies leverage strategic collaborations with end-users and local distributors to meet the evolving needs of their expanding customer base. Geographic expansion and acquisitions are common growth strategies, while established brands and active marketing present challenges for new entrants.

Key Companies Leading the Way

Prominent companies contributing to the growth of the Asia Textile Sizing Chemicals market include:

• Huntsman Corporation
• Archroma
• Dystar Group
• Dow Chemical
• DIC Corporation
• NICCA Chemical
• Ben Tech chemical
• Zhongshan City Emeer Textile Auxiliary Co. Ltd
• Cherng Long Enterprise Co. Ltd
• Centro China
• Angel Starch & Food Pvt Ltd
• Ester Chemical Industries Pvt. Ltd.
• Zydex Industries
• Indokem Ltd.
• Ran Chemicals Pvt. Ltd.
• Pulcra Chemicals
• Matangi International
• Allwyn Chem Industries
• Sarex Chemicals
• Associated Chemicals
• Eco Polychem Pvt. Ltd.

Key Segments Covered in Asia Textile Sizing Chemicals Market Research

Product Type

• Binders
• Defoamers
• Dispersants
• Softeners
• Others

End Use

• Textile Sizing Chemicals for Apparel
• Textile Sizing Chemicals for Non-Apparel Use

Material Type

• Starch
• Native Starch
• Modified Starch
• Polyester Resin
• Polyvinyl Alcohol
• Carboxymethyl Cellulose
• Polyacrylic Acid-based
• Others

Country

• China
• India
• Japan
• Vietnam
• South Korea
• Bangladesh
• Rest of APAC

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