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marketresreasrch · 7 hours ago

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Functional Apparel Market Trends: Surging from USD 318.83 Billion in 2022 to USD 595.85 Billion by 2031

Functional Apparel Market Report Scope and Research Methodology

The global Functional Apparel Market Size was valued at USD 318.83 Billion in 2022 and is projected to reach from USD XX Billion billion in 2023 to USD 595.85 Billion by 2031, growing at a CAGR of 7.2% during the forecast period.

We started a comprehensive primary research project to collect, examine, and validate crucial data after finishing the Functional Apparel Market estimation phase. This extensive procedure included determining the market's size, predicting trends, identifying important drivers, and thoroughly verifying the correctness of the data using statistical techniques. The research encompassed a detailed evaluation of the market's size, prediction of future trends, identification of critical factors, and a thorough verification of data integrity using statistical techniques. Both qualitative and quantitative analysis were employed to ensure the delivery of reliable and accurate findings in the final report.

Get a Free Sample Copy of This Research Report : https://straitsresearch.com/report/functional-apparel-market/request-sample

Functional Apparel Market Regional Insights

This report provides an in-depth analysis of the Functional Apparel Market size and trends across the following regions: North America (United States, Canada, Mexico); Europe (France, Spain, Germany, Italy, and other European nations); Asia-Pacific (China, Japan, India, Australia, South Korea, ASEAN countries, and other APAC regions); South America (Argentina, Brazil, and other South American nations); and the Middle East and Africa (South Africa, Egypt, and other MEA countries).

Buy Now Full Report : https://straitsresearch.com/buy-now/functional-apparel-market

Functional Apparel Market Segmentation

By Product Type

Sportswear

Activewear

Protective Clothing

Others

By Distribution Channel

Offline

Online

By Applications

Sports Industry

Outdoor Clothing

Healthcare

Key Functional Apparel Market Players

Puma

Nike

Under Armour

Adidas

Lululemon Athletic

Asics Corporation

Columbia Sportswear Company

Gap Inc.

North Face

Phillips-Van Heusen Corporation

Table of Content and Figure : https://straitsresearch.com/report/functional-apparel-market/toc

Key questions addressed in this report include:

What is the definition and scope of the Functional Apparel Market ?

What factors are projected to drive Functional Apparel Market growth?

Who are the leading companies in the Functional Apparel Market , and what are their product portfolios?

What market segments are included in the analysis?

What are the emerging industry trends that could open up new revenue streams?

Key Insights:

PESTLE Analysis

PORTER’s Five Forces Analysis

Value Chain and Supply Chain Assessment

Legal Considerations by Region

Lucrative Business Opportunities with SWOT Analysis

Strategic Recommendations for Stakeholders

For media inquiries, please contact:

U.S. Contact: +1 646 905 0080

U.K. Contact: +44 203 695 0070

More Related Press Release :

#Functional Apparel Market #Functional Apparel Market Share #Functional Apparel Market Industry #Functional Apparel Market Size #Functional Apparel Market Research #What is Functional Apparel Market?#Functional Apparel Market Drivers #North America Functional Apparel Market #Europe Functional Apparel Market #Asia Pacific Functional Apparel Market #LAMEA Functional Apparel Market

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chemanalyst · 9 months ago

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Melamine Market is Expected to Grow at a CAGR of 3.87% during the forecast period until 2032

The melamine market has witnessed remarkable growth and diversification in recent years, propelled by a myriad of factors shaping the global landscape. Melamine, a nitrogen-rich organic compound, finds extensive applications across various industries, including construction, automotive, textiles, packaging, and food service. Its unique properties, such as high flame resistance, thermal stability, durability, and chemical inertness, have made melamine a versatile and indispensable material in numerous manufacturing processes and end-use applications.

One of the primary drivers of the melamine market is the increasing demand from the construction industry. Melamine-based products, such as melamine formaldehyde resins and melamine foam insulation, are widely used in construction applications such as laminates, decorative panels, flooring, countertops, and insulation materials. With rapid urbanization, infrastructure development, and construction activities on the rise globally, the demand for melamine-based construction materials is expected to surge.

Read Full Report: https://www.chemanalyst.com/industry-report/melamine-market-812

Moreover, the automotive sector represents another significant market for melamine, driven by the increasing demand for lightweight, durable, and aesthetically appealing materials. Melamine-based components, such as automotive interior trim, dashboard panels, door panels, and decorative parts, offer excellent properties such as scratch resistance, color stability, and surface finish, thereby enhancing the overall aesthetics and functionality of vehicles. As automotive manufacturers focus on improving fuel efficiency, reducing emissions, and enhancing passenger comfort and safety, the demand for melamine-based automotive materials is projected to grow substantially.

Furthermore, the textiles industry presents lucrative opportunities for the melamine market, particularly in the manufacturing of melamine-formaldehyde resins for textile finishing and coating applications. Melamine resins impart crease resistance, wrinkle resistance, and color fastness to textiles, thereby enhancing their durability, appearance, and performance. With the growing demand for high-quality textiles, home furnishings, and apparel, the demand for melamine-based textile additives is expected to increase.

Additionally, the packaging industry represents a significant market for melamine, driven by the rising demand for lightweight, durable, and eco-friendly packaging materials. Melamine-based products, such as melamine-formaldehyde resins and melamine foam packaging, offer excellent properties such as thermal insulation, moisture resistance, and shock absorption, making them ideal for packaging applications such as food packaging, electronics packaging, and industrial packaging. As consumers increasingly prioritize sustainability, recyclability, and environmental friendliness, the demand for melamine-based packaging solutions is expected to grow.

Despite the promising outlook, the melamine market faces challenges and constraints, including fluctuating raw material prices, regulatory compliance issues, and environmental concerns related to formaldehyde emissions. However, industry stakeholders are actively addressing these challenges through initiatives focused on product innovation, sustainability, and regulatory compliance. Moreover, strategic partnerships, mergers, and acquisitions are driving consolidation and market expansion in the melamine industry.

In conclusion, the melamine market is poised for continued growth and innovation, driven by its versatile applications, inherent properties, and compatibility with evolving market trends. By leveraging its strengths in construction, automotive, textiles, packaging, and other sectors, the melamine market can navigate towards a more sustainable and prosperous future, ensuring its relevance and competitiveness in the global marketplace.

About us:

ChemAnalyst is an online platform offering a comprehensive range of market analysis and pricing services, as well as up-to-date news and deals from the chemical and petrochemical industry, globally.

Being awarded ‘The Product Innovator of the Year, 2023’, ChemAnalyst is an indispensable tool for navigating the risks of today's ever-changing chemicals market.

The platform helps companies strategize and formulate their chemical procurement by tracking real time prices of more than 400 chemicals in more than 25 countries.

ChemAnalyst also provides market analysis for more than 1000 chemical commodities covering multifaceted parameters including Production, Demand, Supply, Plant Operating Rate, Imports, Exports, and much more. The users will not only be able to analyse historical data but will also get to inspect detailed forecasts for upto 10 years. With access to local field teams, the company provides high-quality, reliable market analysis data for more than 40 countries.

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#Melamine #Melaminemarket #Melaminemarketsize #Melaminemarkettrends #Melaminemarketgrowth #Melaminemarketshare #Melaminedemand

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marketanalysisdata · 7 hours ago

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Hydrogen Peroxide Industry Trends, Size, Revenue And Top Key Players, 2030

The global hydrogen peroxide market size is projected to reach USD 2.11 billion in 2030 and is expected to grow at a CAGR of 6.2% from 2025 to 2030. Rising demand for the product from the global healthcare sector to formulate sanitizers and other disinfectant products is projected to remain the key factor driving the industry.

One of the key factors behind the increasing consumption of the product in the healthcare sector across the globe is the recent outbreak of coronavirus. Demand for hand sanitizers and multiple indoor as well as outdoor disinfectant products, such as floor cleaners and metal disinfectant goods, has quadrupled across all major economies as well as in emerging economies of the world. According to governments worldwide, cleaning of the public spaces, such as public restrooms, airports, bus and metro stations, and commercial spaces, has been made mandatory to curb the spread of the virus. This has led to surge in the consumption of hydrogen peroxide in the industry globally due to its excellent disinfecting properties.

Gather more insights about the market drivers, restrains and growth of the Global Hydrogen Peroxide Market

The product also witnessed high demand from various personal care products and cosmetic manufacturers, majorly due to its oxidizing abilities and antimicrobial properties. Europe has evolved as a hub for multinational personal care item producers, such as Loreal, Unilever, Procter & Gamble, and Deutschland GmbH, with their presence across the European marketspace including countries, such as France, U.K., Italy, Germany, and Spain.

In terms of the consumption in the textile sector, Asia Pacific, followed by Europe, has been leading the global market due to increased penetration of fabric manufacturers and detergent formulators. The substance finds key application in the sector as a fabric whitening agent as well as disinfecting agent, which is used after apparel cleaning. Growing awareness among the consumers to adapt to cleanliness is projected to remain a key factor behind industry growth across these regions.

Hydrogen Peroxide Market Report Highlights

The bleaching function dominated the market and accounted for the largest revenue share of 35.4% in 2024.

The disinfectant functions are expected to grow at a CAGR of 6.7% from 2025 to 2030, owing to heightened hygiene awareness, especially following the COVID-19 pandemic.

The pulp and paper application led the hydrogen peroxide market and accounted for the largest revenue share of 33.4% in 2024, primarily driven by its effectiveness as a bleaching agent.

The healthcare segment is expected to grow at a CAGR of 7.4% over the forecast period, owing to its antiseptic and disinfectant properties.

Asia Pacific hydrogen peroxide market dominated the global hydrogen peroxide industry and accounted for the largest revenue share of 40.3% in 2024 attributed to rapid industrialization and urbanization

Browse through Grand View Research's Disinfectants & Preservatives Industry Research Reports.

Activated Bleaching Earth Market: The global activated bleaching earth market size was estimated at USD 2.61 billion in 2024 and is expected to grow at a CAGR of 5.7% from 2025 to 2030.

Biocides For Leather Market: The global biocides for leather market size was valued at USD 589.0 million in 2024 and is expected to grow at a CAGR of 3.5% from 2025 to 2030.

Hydrogen Peroxide Market Segmentation

Grand View Research has segmented the global hydrogen peroxide market report based on grade, function, application, and region:

Hydrogen Peroxide Grade Outlook (Volume Kilotons; Revenue, USD Million, 2018 - 2030)

<30%

30%-50%

50%-80%

>80%

Hydrogen Peroxide Function Outlook (Volume Kilotons; Revenue, USD Million, 2018 - 2030)

Disinfectant

Bleaching

Oxidant

Others

Hydrogen Peroxide Application Outlook (Volume kilotons; Revenue, USD Million, 2018 - 2030)

Pulp & Paper

Chemical Synthesis

Wastewater Treatment

Mining

Food & Beverage

Personal Care

Healthcare

Textiles

Electronics

Propulsion Systems

Others

Hydrogen Peroxide Regional Outlook (Volume Kilotons; Revenue, USD Million, 2018 - 2030)

North America

Europe

Asia Pacific

Latin America

Middle East and Africa

Order a free sample PDF of the Hydrogen Peroxide Market Intelligence Study, published by Grand View Research.

#Hydrogen Peroxide Industry Research #Hydrogen Peroxide Market Trends

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marketstudyreport · 7 hours ago

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Hydrogen Peroxide Market Trends, Business Growth, Opportunities and Forecast till 2030

Gather more insights about the market drivers, restrains and growth of the Global Hydrogen Peroxide Market

Hydrogen Peroxide Market Report Highlights

The bleaching function dominated the market and accounted for the largest revenue share of 35.4% in 2024.

The disinfectant functions are expected to grow at a CAGR of 6.7% from 2025 to 2030, owing to heightened hygiene awareness, especially following the COVID-19 pandemic.

The pulp and paper application led the hydrogen peroxide market and accounted for the largest revenue share of 33.4% in 2024, primarily driven by its effectiveness as a bleaching agent.

The healthcare segment is expected to grow at a CAGR of 7.4% over the forecast period, owing to its antiseptic and disinfectant properties.

Browse through Grand View Research's Disinfectants & Preservatives Industry Research Reports.

Activated Bleaching Earth Market: The global activated bleaching earth market size was estimated at USD 2.61 billion in 2024 and is expected to grow at a CAGR of 5.7% from 2025 to 2030.

Biocides For Leather Market: The global biocides for leather market size was valued at USD 589.0 million in 2024 and is expected to grow at a CAGR of 3.5% from 2025 to 2030.

Hydrogen Peroxide Market Segmentation

Grand View Research has segmented the global hydrogen peroxide market report based on grade, function, application, and region:

Hydrogen Peroxide Grade Outlook (Volume Kilotons; Revenue, USD Million, 2018 - 2030)

<30%

30%-50%

50%-80%

>80%

Hydrogen Peroxide Function Outlook (Volume Kilotons; Revenue, USD Million, 2018 - 2030)

Disinfectant

Bleaching

Oxidant

Others

Hydrogen Peroxide Application Outlook (Volume kilotons; Revenue, USD Million, 2018 - 2030)

Pulp & Paper

Chemical Synthesis

Wastewater Treatment

Mining

Food & Beverage

Personal Care

Healthcare

Textiles

Electronics

Propulsion Systems

Others

Hydrogen Peroxide Regional Outlook (Volume Kilotons; Revenue, USD Million, 2018 - 2030)

North America

Europe

Asia Pacific

Latin America

Middle East and Africa

Order a free sample PDF of the Hydrogen Peroxide Market Intelligence Study, published by Grand View Research.

#Hydrogen Peroxide Industry Research #Hydrogen Peroxide Market Trends

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b2bbusiness · 9 hours ago

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Outdoor Sportswear Market: Trends, Growth, and Insights

The global outdoor sportswear market is experiencing significant growth, driven by increasing interest in fitness, recreational activities, and sustainability-focused consumer preferences. Outdoor sportswear, encompassing functional apparel for activities such as hiking, running, cycling, and climbing, has evolved beyond performance to include style and environmental responsibility. This article explores the market's trends, growth drivers, and key insights shaping its future.

Market Overview

The outdoor sportswear market is a vital segment of the larger activewear industry, characterized by robust demand for versatile, durable, and performance-oriented products. As consumers become more health-conscious and seek outdoor activities for recreation and fitness, the need for quality outdoor apparel has surged.

In 2024, the market is projected to grow at a compound annual growth rate (CAGR) of 5.8% over the next few years, with revenues expected to exceed $25 billion by 2030.

Key Trends Shaping the Market

1. Increasing Participation in Outdoor Activities

The pandemic sparked a global interest in outdoor pursuits such as hiking, trekking, and cycling, boosting demand for outdoor sportswear. Governments and organizations worldwide have been promoting healthy lifestyles, further fueling market growth.

2. Sustainability in Sportswear

Eco-friendly fabrics, including recycled polyester and organic cotton, are becoming central to outdoor sportswear production. Brands like Patagonia and The North Face lead the charge by offering sustainable products that align with consumers' values.

3. Integration of Technology

The adoption of smart fabrics with features such as moisture-wicking, UV protection, and temperature regulation is revolutionizing outdoor sportswear. Wearable technology integration, like heart rate monitoring in clothing, is also gaining traction.

4. Rise of Athleisure

Outdoor sportswear has expanded into casualwear, blurring the lines between performance and lifestyle clothing. The athleisure trend has made outdoor apparel suitable for both sports and everyday activities.

Key Market Segments

1. By Product Type

Jackets and Coats: Essential for hiking and trekking in various climates.

Pants and Shorts: Durable and stretchable options dominate the market.

Tops and T-Shirts: Lightweight, breathable, and moisture-wicking fabrics are key.

2. By End User

Men's Sportswear: A significant share due to demand for rugged designs.

Women's Sportswear: A growing segment, with brands emphasizing style and comfort.

Kids' Sportswear: Increasingly popular, driven by family-oriented outdoor activities.

3. By Distribution Channel

Online Stores: Convenience and a wide range of choices drive this segment's growth.

Specialty Stores: Focused on expert advice and a curated product range.

Supermarkets and Hypermarkets: Affordable options for budget-conscious consumers.

Regional Insights

1. North America

The largest market for outdoor sportswear, driven by high disposable incomes and a strong culture of outdoor recreation.

2. Europe

Sustainability-conscious consumers dominate, with countries like Germany and the UK leading the way.

3. Asia-Pacific

Fastest-growing region, with increasing participation in outdoor sports in countries such as China and India.

Competitive Landscape

The market features prominent players such as:

Patagonia

Columbia Sportswear Company

The North Face (VF Corporation)

Adidas AG

Nike Inc.

These brands focus on innovation, sustainable materials, and expanding their product portfolios to capture market share.

Challenges in the Outdoor Sportswear Market

High Cost of Premium Products: Quality outdoor sportswear often comes at a premium price, limiting access for cost-sensitive consumers.

Environmental Concerns: Despite progress, the production process still poses challenges for sustainability.

Seasonality: Sales are influenced by seasonal trends, particularly in regions with extreme weather.

Future Outlook

The outdoor sportswear market will continue to thrive as fitness trends, sustainability, and technological advancements reshape consumer behavior. Manufacturers must prioritize eco-friendly practices, innovation, and versatile designs to stay competitive.

Investments in digital marketing and e-commerce will also be critical for brands to connect with tech-savvy consumers and expand their global footprint.

To know more about the outdoor sportswear market forecast, download a free report sample

#outdoor sportswear market

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global-research-report · 13 days ago

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Sportswear Market by Region: Segmentation, Opportunities, and Regional Insights

The global sportswear market was valued at USD 335.92 billion in 2023 and is forecasted to expand at a compound annual growth rate (CAGR) of 9.9% from 2024 to 2030. Key factors driving this growth include a rise in health consciousness, increasing participation in sports and fitness activities, and the popular trend of wearing athletic clothing casually. Advances in fabric technologies—such as moisture-wicking, odor control, and temperature regulation—enhance both the functionality and appeal of sportswear. Additionally, social media and celebrity endorsements have significantly increased brand visibility and consumer engagement. The growth of e-commerce has also made sportswear more accessible, while an emphasis on sustainability resonates with eco-conscious consumers.

A significant driver of the sportswear market globally is the increased health consciousness among consumers. The growing awareness around the benefits of a healthy lifestyle has led more people to participate in activities such as running, yoga, gym workouts, and team sports. According to a World Health Organization report, the number of individuals regularly engaging in physical activities has surged over the past decade, fueling demand for sportswear. This shift towards healthier living spans all age groups, as even older adults are adopting fitness routines to enhance their overall well-being.

Gather more insights about the market drivers, restrains and growth of the Sportswear Market

Regional Insights

North America:

In 2023, North America held a 33.3% share of the sportswear market, supported by a strong sports culture, high disposable income, and an advanced retail network. The region’s consumers actively participate in various sports and fitness activities, maintaining a robust demand for sportswear. The popularity of major sports leagues such as the NFL, NBA, and MLB, along with their associated merchandise, further fuels the market. North America is also home to leading sportswear brands like Nike and Under Armour, which drive industry trends and innovation. Consumers in this region are inclined to invest in premium sportswear, driven by health awareness, fashion trends, and strong brand loyalty. A vast network of physical and online retail outlets ensures convenient access to sportswear products. Additionally, social media and celebrity endorsements have a significant impact on brand visibility and customer engagement in North America.

United States:

The U.S. sportswear market is projected to grow at a CAGR of 9.6% from 2024 to 2030. American consumers are highly engaged in various sports and fitness activities, from professional sports to recreational exercises, which sustain demand for sportswear. The presence of major leagues like the NFL, NBA, and MLB further supports the market through branded merchandise. The popular athleisure trend, which combines athletic wear with everyday fashion, has further boosted demand for versatile, stylish sportswear in the U.S. Additionally, the rise of fitness influencers and social media campaigns has been essential in promoting sportswear brands and trends. Technological innovations, such as moisture-wicking and compression fabrics, also attract consumers seeking high-performance athletic apparel.

Asia Pacific:

The Asia Pacific sportswear market is expected to grow at a CAGR of 10.5% from 2024 to 2030, with countries like China, India, and Japan experiencing a surge in sports and fitness activities. Government initiatives promoting physical health and the popularity of sports events are further contributing to this growth. A younger demographic is increasingly adopting active lifestyles, creating demand for sportswear. The expanding middle class, with higher purchasing power, also boosts market growth. Additionally, increased internet connectivity and smartphone use have propelled online shopping, making sportswear more accessible across the region. Many international brands are increasingly focusing on the Asia Pacific market, tailoring products to local preferences and expanding retail operations.

Europe:

The European sportswear market is forecasted to grow at a CAGR of 9.9% from 2024 to 2030, driven by rising health awareness, a strong sports culture, and a growing athleisure trend. European consumers are becoming more health-conscious and engaging in sports and fitness activities, thereby increasing demand for sportswear. With a rich sporting heritage and numerous high-profile events, Europe naturally boosts the popularity of sportswear. The athleisure trend is particularly strong, as consumers look for comfortable yet stylish options suitable for both sports and casual wear. Major sportswear brands like Adidas, Puma, and Reebok have a significant presence in Europe and continuously innovate to meet the evolving preferences of consumers.

Browse through Grand View Research's Category Clothing, Footwear & Accessories Industry Research Reports.

The global resistance bands market sizewas valued at USD 1.66 billion in 2024 and is expected to expand at a CAGR of 9.9% from 2025 to 2030.

The global vape cartridge market size was valued at USD 1.81 billion in 2024 and is expected to expand at a CAGR of 22.2% from 2025 to 2030.

Key Sportswear Companies:

The following are the leading companies in the sportswear market. These companies collectively hold the largest market share and dictate industry trends.

Nike, Inc.

Adidas AG

LI-NING Company Limited

Umbro Ltd.

Puma SE, Inc.

Fila, Inc.

Lululemon Athletica Incorporation

Under Armour

Columbia Sportswear Company

Anta Sports Products Limited, Inc.

Order a free sample PDF of the Market Intelligence Study, published by Grand View Research.

#Sportswear Market

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shubhampawrainfinium · 21 days ago

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Innovating Style: How Garments Manufacturing is Shaping Fashion

The global garments manufacturing market is on a robust growth trajectory, propelled by rising demand for fashionable and functional clothing across diverse regions. According to the report, this market is anticipated to grow at a CAGR of over 8% from 2022 to 2028. In 2022, the market generated approximately USD 608 billion in revenue, with projections to reach nearly USD 986 billion by 2028.

What is Garments Manufacturing?

Garments manufacturing involves the large-scale production of clothing and accessories using a variety of fabrics, techniques, and designs. This industry encompasses various segments, including formal wear, casual wear, sportswear, and specialized clothing, serving both global retail markets and individual brands.

Get Sample pages of Report: https://www.infiniumglobalresearch.com/reports/sample-request/42379

Market Dynamics and Growth Drivers

The growth of the global garments manufacturing market is fueled by several significant factors:

Fast-Fashion Demand: The growing trend of fast fashion has led to increased demand for affordable, trendy clothing. Rapidly changing fashion cycles and consumer demand for new styles are driving apparel production, with brands catering to a wide range of tastes and budgets.

Increased Disposable Income: Rising disposable incomes in emerging economies are enabling more consumers to spend on apparel, driving demand in the mid-range and premium segments. This shift is particularly notable in regions such as Asia-Pacific and Latin America.

Expansion of E-Commerce: The growth of e-commerce has revolutionized the way consumers shop, making apparel more accessible worldwide. Online shopping platforms enable brands to reach a broader audience, bolstering sales and expanding market reach.

Sustainable and Ethical Manufacturing: A rising preference for sustainable and ethically produced clothing is shaping the garments industry. Brands are investing in eco-friendly materials and production processes, responding to consumer demand for environmentally conscious apparel.

Regional Analysis

Asia-Pacific: As the largest garments manufacturing hub globally, the Asia-Pacific region dominates production due to its vast labor pool, skilled workforce, and cost-effective manufacturing. China, India, Bangladesh, and Vietnam are key contributors to the region's production capabilities.

North America: The North American garments manufacturing market is experiencing steady growth, driven by consumer demand for premium and sustainable products. The United States and Canada are notable markets for fast fashion and high-end clothing, with brands increasingly emphasizing ethical manufacturing.

Europe: Europe holds a significant market share in fashion and luxury apparel, with countries such as Italy, France, and Germany leading in premium fashion. The region has seen a rise in sustainable practices, with many European brands adopting eco-friendly production methods.

Latin America and Middle East & Africa: Both regions are witnessing growth due to rising disposable incomes and demand for quality clothing. Brazil and South Africa are among the growing markets in these regions, focusing on both traditional and modern apparel.

Competitive Landscape

The garments manufacturing market is highly competitive, with major global brands and manufacturers vying for market share. Leading players include:

Hennes & Mauritz AB (H&M): A leading player in fast fashion, H&M focuses on affordable fashion with a broad consumer base and an expanding e-commerce presence.

Inditex (Zara): Known for its rapid response to fashion trends, Inditex remains a significant player in the fast-fashion industry, focusing on style and affordability.

Nike, Inc.: As a global leader in sportswear, Nike emphasizes product innovation and sustainable practices, especially in its apparel manufacturing processes.

VF Corporation: With brands like The North Face, Vans, and Timberland, VF Corporation is a key player in premium and lifestyle apparel, investing in sustainable and ethical manufacturing.

Adidas AG: Adidas, known for its sportswear, has a strong focus on innovative and sustainable products, catering to the global sports apparel market.

Report Overview : https://www.infiniumglobalresearch.com/reports/global-garments-manufacturing-market

Challenges and Opportunities

Despite its promising outlook, the garments manufacturing market faces challenges:

Environmental Concerns: The environmental impact of garment production, including water use and waste generation, is a growing concern. Regulations and consumer demand for eco-friendly products are pushing manufacturers toward sustainable practices.

Supply Chain Disruptions: The global supply chain has faced numerous challenges in recent years, with disruptions affecting production schedules. Manufacturers are investing in technology to enhance supply chain resilience and ensure timely delivery.

However, these challenges also create opportunities:

Technological Advancements: Advancements in automation, AI, and sustainable fabrics are creating new possibilities for efficient, eco-friendly production. Many brands are exploring recycled materials and innovative production techniques.

Personalized Fashion: The demand for personalized and customizable clothing is rising, encouraging brands to adopt on-demand production models. This trend aligns with consumer interest in unique and bespoke apparel.

Conclusion

The global garments manufacturing market is set for substantial growth, projected to increase from USD 608 billion in 2022 to nearly USD 986 billion by 2028, at a CAGR of over 8%. Driven by factors like fast fashion, increased disposable incomes, and e-commerce expansion, the market is well-positioned for continued expansion. As the industry shifts towards sustainability and innovation, manufacturers will need to balance efficiency with ethical practices to meet evolving consumer preferences.

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latestmarketresearchnews · 21 days ago

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Textile Chemicals Market Growth Prospect, Distributor Analysis & Applications Insights 2030

The global textile chemicals market was valued at USD 26.44 billion in 2023, with a projected growth rate (CAGR) of 4.5% from 2024 to 2030. This increase in demand is largely driven by the booming clothing and apparel industry, fueled by global population growth, urbanization, and rising disposable incomes. Textile chemicals encompass a variety of substances used at different stages of textile manufacturing and processing, serving to improve the appearance, durability, and functionality of fabrics. These chemicals include dyes, finishing agents, softeners, surfactants, and specialty chemicals, which add attributes like color, softness, water resistance, flame resistance, and durability to the final textile product.

In today’s market, textile chemicals are essential due to the increasing demand for high-quality, multifunctional textiles. As consumers look for fabrics that are more sustainable, durable, and technologically advanced, these chemicals play a key role in achieving these goals. They support innovations like eco-friendly dyes and finishing agents, contributing to sustainable practices within the textile industry. The growth of technical textiles specialized fabrics designed for use in sectors like healthcare, construction, and automotive also relies on advanced chemicals that impart specific functional characteristics such as strength and durability. Thus, textile chemicals are vital for meeting the evolving demands and high-performance standards of the global textile market.

Gather more insights about the market drivers, restrains and growth of the Textile Chemicals Market

The main drivers behind the increasing demand for textile chemicals are the needs for high-performance and sustainable clothing solutions. Consumers are more environmentally conscious than ever, seeking fabrics that are both high-quality and eco-friendly. This trend compels the clothing industry to adopt advanced chemical solutions, such as eco-friendly dyes, non-toxic finishing agents, and biodegradable additives. These solutions are designed to reduce environmental impact while maintaining high standards for textile performance. The rapid growth of the fashion industry and expanding applications of technical textiles especially in healthcare, automotive, and construction also contribute to the demand for innovative chemicals. Together, these factors make sustainability and enhanced functionality the leading drivers in the textile chemicals market.

Application Segmentation Insights:

The apparel segment dominated the textile chemicals market, accounting for a revenue share of 44.8% in 2023. Apparel manufacturing, which includes large-scale production of clothing, relies heavily on textile chemicals for various processes such as dyeing, finishing, and sizing. These chemicals are essential for imparting color, softness, durability, and other desirable properties to different types of fabrics, whether they are natural, synthetic, or blended. Each type of fabric often requires specific chemical treatments to achieve characteristics like color fastness, softness, water resistance, and durability, which are essential for quality apparel production.

In the technical textiles sector, the demand for textile chemicals is rapidly increasing. Technical textiles are specialized fabrics engineered for functional purposes beyond conventional clothing, such as in automotive, construction, healthcare, and industrial applications. These fabrics need advanced chemical treatments to enhance properties such as strength, durability, flame resistance, and water repellency. With the growing emphasis on sustainable and high-performance materials, there is also an increased demand for textile chemicals that meet rigorous regulatory standards while offering high functionality. Technological advancements in textile chemistry have made it possible to develop specialized coatings, finishes, and treatments tailored to the unique and demanding needs of technical textiles, which is significantly fueling market growth in this segment.

In the home furnishings segment, textile chemicals play a pivotal role in enhancing the aesthetic, functional, and durability aspects of products such as upholstery, curtains, carpets, bedding, and towels. Chemicals used in home furnishings include dyes and pigments for coloration, softeners and water repellents for finishing, and flame retardants and stain repellents for treatment. These treatments improve the product’s color fastness, texture, comfort, and resistance to wear and tear. The rising consumer preference for sustainable and eco-friendly materials has encouraged innovation in textile chemistry, leading to the development of safer, more environmentally friendly chemicals for use in home furnishings. The global expansion of the home furnishings market, driven by trends in interior design and lifestyle preferences, is expected to increase the demand for advanced textile chemicals that can meet these evolving consumer needs.

In conclusion, the textile chemicals market is experiencing steady growth as it adapts to the evolving demands of various sectors, including apparel, technical textiles, and home furnishings. With the push toward sustainability, performance, and innovation, this market is positioned to continue expanding, supporting both traditional and emerging applications across the global textile industry.

Order a free sample PDF of the Textile Chemicals Market Intelligence Study, published by Grand View Research.

#Textile Chemicals Market Forecast #Textile Chemicals Market Overview

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researchreportinsight · 21 days ago

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Textile Chemicals Industry Growth Prospect, Distributor Analysis & Applications Insights 2030

Gather more insights about the market drivers, restrains and growth of the Textile Chemicals Market

Application Segmentation Insights:

Order a free sample PDF of the Textile Chemicals Market Intelligence Study, published by Grand View Research.

#Textile Chemicals Market Forecast #Textile Chemicals Market Overview

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industrynewsupdates · 1 month ago

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Textile Chemicals Market Growth Trends and Strategies 2024 - 2030

The global textile chemicals market size is expected to reach USD 36.14 billion by 2030, registering a CAGR of 4.5% from 2024 to 2030, according to a new report by Grand View Research, Inc. The growth is majorly driven by increasing demand for textile products from major applications including apparel, home furnishing, technical textiles, and others.

Rapidly growing demand from the apparel industry is anticipated to propel the demand for the product during the forecast period. Home furnishing, specifically in developing economies, demanding modern and attractive furniture products is expected to have a positive impact on the growth of the market.

Numerous chemicals are used in the fabric manufacturing industry to offer a wide range of performance features during the production process, which are known as process chemicals. These end products include biopolishing enzymes, desizing enzymes, flame retardants, antiviral/antimicrobial agents, lubricating/anti-crease agents, water and oil repellents, printing auxiliaries, and softening agents.

Gather more insights about the market drivers, restrains and growth of the Textile Chemicals Market

Detailed Segmentation:

Drivers, Opportunities & Restraints

Innovations in textile manufacturing processes, such as digital printing, nanotechnology, and smart clothing, require specialized chemicals that enhance fabric properties and enable new functionalities. In addition, countries like China, India, and Bangladesh are becoming major textile manufacturing hubs due to lower labor costs and favorable government policies. For instance, in February 2024, the Government of India (GoI) announced a total budget allocation of more than INR 1000 crore, an increase of nearly 27.6%, mainly due to the allocation of INR 600 crore for the Cotton Corporation of India. Such government initiatives and expansion drive the demand for the product to meet production needs.

Industry Dynamics

The growth stage of the textile chemicals industry is currently robust, with an accelerating pace. Strategic activities, notably mergers and acquisitions, are prominent within this market segment. Key players in the global textile chemicals industry have implemented mergers and acquisitions as a strategic approach to expand product reach. This strategy leverages acquired networks to enhance product availability across diverse geographic regions. For instance, in January 2023, Archroma completed the acquisition of Huntsman Corporation's Textile Effects division, exemplifying this trend.

Process Insights

The coating process dominated the market and accounted for a revenue share of approximately 71.32% in 2023. Coating allows textiles to acquire specific functional properties that are not achievable through other processes alone. For example, coatings can impart antimicrobial properties or conductive properties for applications in smart textiles. Furthermore, the coating process enables customization of textiles according to specific end user requirements. Innovations in coating technologies continually expand the range of functionalities and performance characteristics that textiles can offer.

Product Insights

Coating & Sizing chemicals dominated the market and accounted for a revenue share of approximately 50.54% in 2023. Consumers are increasingly looking for high-performance textiles with specific characteristics such as stain resistance, wrinkle-free properties, and enhanced comfort. Coatings and sizing chemicals help manufacturers meet these expectations. In addition, coatings and sizing chemicals improve the physical properties of textiles, such as strength, durability, abrasion resistance, and water repellency. This makes the fabrics more suitable for various applications, from fashion to industrial uses.

Application Insights

Apparel applications dominated the market and accounted for a revenue share of 44.80% in 2023. Apparel manufacturing constitutes a significant portion of the textile industry, both in terms of volume and value. This large-scale production requires a variety of chemicals for processes such as dyeing, finishing, and sizing. In addition, different types of fabrics (natural, synthetic, blended) used in apparel production require specific chemical treatments to achieve desired characteristics such as color fastness, softness, water resistance, and durability.

Regional Insights

North America is known for its advanced manufacturing capabilities and stringent quality standards. Textile producers in the region utilize a wide range of chemicals for processes such as dyeing, finishing, and treating textiles to meet high-quality requirements and regulatory standards. There is a growing demand for technical textiles in North America, driven by sectors such as automotive, aerospace, healthcare, and industrial applications. These specialized textiles require advanced chemical treatments to enhance properties like durability, flame resistance, and antimicrobial properties, thereby boosting the demand for specialized textile chemicals.

Browse through Grand View Research's Specialty Polymers Industry Research Reports.

• The global smart polymers market size was valued at USD 12.84 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 4.5% from 2024 to 2030.

• The global polyolefin (POF) shrink film market size was valued at USD 8.54 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 3.5% from 2024 to 2030.

Key Textile Chemicals Company Insights

Some of the key players operating in the global textile chemicals market include Kiri Industries Ltd., AB Enzymes, Dow, BASF SE, The Lubrizol Corporation, Kemira Oyj, and Evonik Industries AG, among others.

• AB Enzymes is a biotech company that develops and manufactures enzyme preparations for a wide range of applications such as baking, fruit juice processing, grains processing, animal feed, paper, textiles, and laundry.

• BASF SE operates through six business segments, including chemicals, industrial solutions, materials, surface technologies, nutrition and care, and agricultural solutions. The chemical segment's product portfolio includes intermediates, monomers, petrochemicals, and catalysts. The company provides non-halogenated flame-retardants for several end-use industries, including the textile market.

• Evonik Industries AG is a global manufacturer of specialty chemicals. It operates through four business segments: Specialty Additives, Nutrition and care, Smart Materials, and Performance Materials. Under the Performance Materials segment, the company offers performance intermediates such as large-volume additives and intermediates, along with functional solutions such as polymer additives, potassium derivatives, cyanuric chloride, alkyl chlorides, and alkoxides.

Key Textile Chemicals Companies:

The following are the leading companies in the textile chemicals market. These companies collectively hold the largest market share and dictate industry trends.

• AB Enzymes

• Archroma

• BASF SE

• BioTex Malaysia

• Dow

• Ethox Chemicals, LLC

• Evonik Industries AG.

• Fibro Chem, LLC

• German Chemicals Ltd.

• Govi N.V.

• Huntsman International LLC

• Kemira Oyj

• Kiri Industries Ltd.

Textile Chemicals Market Segmentation

Grand View Research has segmented the global textile chemicals market based on process, product, application, and region:

Textile Chemicals Process Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Pretreatment

o Bleaching Agents

o Desizing Agents

o Scouring Agents

o Others

• Coating

o Anti-Piling

o Protection

o Water Proofing

o Water Repellant

o Others

• Treatment Of Finished Products

o Softening

o Stiffening

o Others

Textile Chemicals Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Coating & Sizing Chemicals

• Colorants & Auxiliaries

o Dispersants/levelant

o Fixative

o UV absorber

o Others

• Finishing Agents

o Antimicrobial or anti-inflammatory

o Flame retardants

o Repellent and release

o Others

• Surfactants

o Detergents & Dispersing Agents

o Emulsifying Agents

o Lubricating Agents

o Wetting Agents

• Denim Finishing Agents

o Anti-back Staining Agents

o Bleaching Agents

o Crush Resistant Agents

o Defoamers

o Enzymes

o Resins

o Softeners

o Others

Textile Chemicals Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Apparel

o Innerwear

o Outerwear

o Sportswear

o Others

• Home Furnishing

o Carpet

o Drapery

o Furniture

o Others

• Technical Textiles

o Agrotech

o Buildtech

o Geotech

o Indutech

o Medtech

o Mobiltech

o Packtech

o Protech

o Others

• Other Applications

Textile Chemicals Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• North America

o U.S.

o Canada

o Mexico

• Europe

o Germany

o Turkey

o Italy

o UK

o France

o Russia

o Spain

o Poland

• Asia Pacific

o China

o India

o Japan

o South Korea

o Vietnam

o Indonesia

• Central & South America

o Brazil

o Argentina

• Middle East and Africa

o Saudi Arabia

o South Africa

o Morocco

o Tunisia

o UAE

o Kenya

Order a free sample PDF of the Textile Chemicals Market Intelligence Study, published by Grand View Research.

Recent Developments

• In January 2024, Devan Chemicals, a provider of sustainable textile finishes, is excited to announce its upcoming participation in Heimtextil 2024. Devan invites attendees to visit their booth in Hall 11.0, booth A21, to experience firsthand the latest sustainable textile finishes they have developed.

• In April 2024, BASF SE announced its portfolio of polyamides for the textile industry. The company’s sustainable polyamide PA6 and PA6.6 product range have been certified under the Recycled Claim Standard (RCS) for textile applications. This certification allows BASF SE to market textiles produced using recycled raw materials.

• In May 2023, Dystar announced its eco-advanced indigo dyeing, which aims to reduce energy consumption by up to 30% and water usage by up to 90% during the production process.

• In November 2023, Solvay introduced a textile fiber that decomposes rapidly in the oceans, minimizing the environmental impact of microplastics. The new textile polyamide, set to be manufactured at the company's industrial facility in Brazil, will decrease oceanic impact by roughly 40 times compared to traditional fibers. This product development aligns with the global trend of rising demand and market shifts toward more sustainable textile solutions.

#Textile Chemicals Market #Textile Chemicals Market size #Textile Chemicals Market share #Textile Chemicals Market analysis #Textile Chemicals Industry

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jobskolkata · 2 months ago

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communicationblogs · 2 months ago

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Silky Smooth Solutions: ✨ Your Hair’s Best Friend!

Acrylic Fiber Market Overview

Acrylic fibers are a type of synthetic fiber that is made of polyacrylonitrile and a comonomer. For a synthetic fiber to be called “acrylic”, it must contain at least 85% of acrylonitrile monomer. Typical comonomers that are used in acrylic fibers are vinyl acetate and vinyl bromide, among others. The increasing demand for the textiles and apparels, along with a rising trend in e-commerce for furniture and upholstery, proves to be great drivers for the acrylic fiber market. Meanwhile, the availability of substitutes can hinder the growth of the market during the forecast period of 2024–2030. In this report, we will take an in-depth look at the acrylic fiber industry outlook and analyse the market share of the acrylic fiber top 10 companies.

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Acrylic fabric is generally not sustainable. The manufacturing process is energy-intensive and chemically hazardous. Acrylic fiber is 30% more energy intensive than polyester. Acrylic fabric is also not biodegradable, and its environmental impact is largely negative. The production processes used to make acrylic fabric harm workers and the ecosystems surrounding manufacturing facilities. Acrylic clothing is one of the major sources of microplastics in the ocean, even higher than other synthetic fibers such as polyester. However, acrylic is recyclable, and increased emphasis is being put to use more and more recycled acrylic fiber to meet today’s standard set by the eco-friendly mindset.

Technological advancements are revolutionizing the acrylic fiber industry, particularly in terms of product innovation and performance enhancements. Companies such as Japan Exlan Co. Ltd. Are using nanotechnology also being increasingly utilized to engineer acrylic fibers with specific functionalities, such as antimicrobial properties or moisture management capabilities, expanding the application possibilities across various industries including apparel, automotive, and home furnishings. Japan Exlan Co., Ltd. successfully developed a photocatalytic deodorant acrylic fiber “SELFCLEAR”, having unique nano-voids and nano-sized photocatalysts in the fiber structure. Malodorous substances are efficiently adsorbed through the nano-voids, and then immediately decomposed by photocatalysis. “SELFCLEAR” shows an excellent odor-eliminating effect on various malodorous substances such as ammonia, aldehydes, acetic acid, hydrogen sulfide and BTX gases.

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COVID-19 Impact

During the COVID-19 pandemic, many industries had suffered a tumultuous time, and it was no different for the acrylic fiber market. Many governments across the globe implemented lockdown regulations and factories & production facilities in many sectors came to a halt. The supply chain was greatly disrupted as many businesses followed lockdown protocols. According to Textile Exchange, the global fiber production volume had decreased from 111 million metric tonnes in FY 2019 to 109 million metric tonnes in FY 2020.

However, the 2022 Materials Market Report from Textile Exchange shows that global fiber production increased to a record 116 million tonnes in 2022. The situation is now improving as the world population is undergoing vaccination and governments across the globe are lifting lockdown protocols. As such, the acrylic fiber industry is projected to grow in the forecast period of 2024–2030.

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Report Coverage

The report: “Acrylic Fiber Market Report — Forecast (2024–2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the acrylic fiber industry.

By Form: Continuous/Filament Fiber, and Non-continuous/Staple Fiber.

By Blend: Acrylic-Wool, Acrylic-Viscose, Acrylic-Nylon, Acrylic-Cotton, and Others.

By End-Use Industry: Textiles & Apparel, Furniture & Upholstery, Industrial, Building & Construction, Automotive, and Others.

By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Russia, Belgium, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and New Zealand, Indonesia, Taiwan, Malaysia, and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), and Rest of the World (Middle East, and Africa).

Key Takeaways

•The Asia-Pacific region dominates the acrylic fiber market primarily due to the growing textile & apparel industry in the region, especially in China, Japan, India, and Bangladesh.

•Acrylic fibers are primarily used as linings in the production of textiles and fabrics. This is because they provide superior resistant properties and have excellent wicking ability that offer moisture absorption properties.

•The increase in demand of the global textile and apparel industry, as well as the furniture and upholstery sector, prove to be great drivers for the growth of the acrylic fiber market within the forecast period of 2024–2030.

•The availability of substitutes like polyester, polyamide and polypropylene amongst synthetic fibers can prove to be a restraint for the growth of the acrylic fiber market within the forecast period.

Acrylic Fiber Market Analysis — By Blend

The Acrylics-wool blends segment held the largest share in the acrylic fiber market in 2023 with a share of 23%. Acrylic fibers are blended with other different types of fibers such as wool, nylon, and cotton, to enhance its properties and produce more resilient fiber. Acrylic-wool blends provide excellent durability, washability, resistance to shrinkage and so on. It is widely used in making sportswear and are used to make circular knitted goods in the textile industry. According to Textile Exchange, wool is the most preferred animal fiber with a total production of 1.2 million tons in 2023. New developments in the production of wool are also propelling the segment. For instance, Responsible Wool Standard (RWS) certified wool has recached a share of 24.3% in the global wool market in 2023.

Acrylic Fiber Market Analysis — By End-Use Industry

The textile & apparel industry held the largest share in the acrylic fiber market in 2023 and is expected to grow at a CAGR of 4.5% during 2024–2030. Acrylic fibers are primarily used as linings for textiles and furnishing fabrics in the textile and apparel industry. It is manufactured as a filament, then cut into short staple lengths, and is spun into yarn. Acrylic fibers are resistant to moths, oils, and chemicals and also provides a soft and warm feel while also being lightweight. It also has excellent wicking ability, which lets the acrylic fiber fabric absorb moisture from sweating and transfer it to the outer surface where it is evaporated. The readymade apparel market is estimated to be growing at a CAGR of 8.3% and reach a value of US$ 1.612 trillion by 2030. Thus, it would also propel the acrylic fiber market growth within the forecast period of 2024–2030.

Acrylic Fiber Market Analysis — By Geography

Asia-Pacific region dominated the acrylic fiber market with a share of 59.4% in the year 2023. Due to the rising growth of the textile industry, especially in countries such as China, India, Malaysia, Australia, and Korea, the demand for acrylic fiber has seen a rise in the region. According to Textile Technology, the production of fiber in India is estimated to have been 1.5 million tonnes in FY 2023. The Indian textiles and apparel industry also contributed to 2% of the GDP and 7% of the total industry output. It also holds 5% of the world’s textile and clothing trade and contributes 12% to export earnings in the year 2023. China is the world’s leading producer of acrylic fibers accounting for over 30% of the global production. Additionally, according to the Malaysian Investment Development Authority, there has been an increase in investment in the textile and apparel industry in Malaysia, which was estimated to be about USD $ 3.3 billion in 2023.

Acrylic Fiber Market Drivers

The growing demand for fashion and the global apparel market:

The demand for clothing and apparels has seen a tremendous rise in the last few years with a change in the financial landscape and the introduction of fast fashion being some of the primary catalysts for the market. Clothing item consumption in developing countries are especially picking up the pace due to a rapid increase in their GDP. China, and India are projected to be the fastest growing countries in the industry as they are investing heavily in the market. Schemes, such as the USD $ 1.44 billion Production Linked Incentive (PLI) schemes by the Indian government, greatly helps the textile manufacturers in the country. According to TEXtalks China’s garment export also reached USD $ 223.14 billion in 2023. Additionally, according to Business Finland, the global apparel market is estimated to be growing at a CAGR of 3.6% and reach a value of US$ 3.22 trillion by 2030. Acrylic fibers are one of the key providers for the textile and apparel market and the growing demand for the textile and apparel market proves to be a great driver for the global apparel industry.

The increase in e-commerce for the furniture & upholstery market:

Acrylic fibers are widely used in the furniture and upholstery market as one of the staple fabrics used in furnishing. One of the key driving factors for the acrylic fiber market is the increase in demand for the furniture & upholstery market. The e-commerce space for furniture & upholstery has seen a steady rise due to the ease of viewing products and availability. This was further bolstered by the Covid-19 pandemic as stay-at-home culture and social distancing became common norms. This led to an increase in sales of furniture and upholstery online. According to India Brand Equity Foundation (IBEF), the online retail market in India is estimated to reach 37% of the total retail market by 2030, the furniture eCommerce market revenue will reach $252 billion in 2023. Along with that, an increased interest in eco-friendly furniture and flexible workspaces have garnered more investment in the industry. Hence, this is a key driving factor for the acrylic fiber market within the forecast period of 2024–2030.

Acrylic Fiber Market Challenges

Availability of substitutes for acrylic fibers:

Acrylic fiber is one of many different types of synthetic fiber used in the market. As such, there is a wide variety of substitutes for the material. For instance, some of the commonly used synthetic fibers are polyester, polyamide, and polypropylene. Polyester fibers are the most widely used synthetic fiber in the world, primarily due to its durability, lightweight form factor, and strong fastness to dyes. According to Textile Exchange, polyester fibers hold the largest share in the synthetic fiber space, with a market share of 60% in 2023. As such, the biggest challenge for the acrylic fiber market is the availability of substitutes for acrylic fiber during the forecast period of 2024 to 2030.

Acrylic Fiber Industry Outlook

Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the acrylic fiber market. The key companies in the acrylic fiber market are:

1. Aditya Birla Group (Thai Acrylic Fibre Co. Ltd.)

2. Aksa Akrilik Kimya Sanayii A.S.

3. Kairos Industries (Dralon GmbH)

4. Jilin Qifeng Chemical Fiber Company Ltd.

5. Indian Acrylics Ltd.

6. Taekwang Group (Taekwang Industry Co, Ltd.)

7. Kaneka Corporation

8. Japan Exlan Co. Ltd.

9. M&G Group (Chemtex Group)

10. SINOPEC

Recent Developments

• On 18 October, 2023, Thai Acrylic Fibre Co. Ltd.’s showcased Regel™, which is a recycled acrylic fibre, and other sustainable innovations in the Textile Exchange Conference 2023, London.

• In March 2023, Indian Acrylics Ltd. Announced that it has commissioned a new plant for acrylic fiber manufacturing. They claim that that the plant has a capacity of 50,000 tonnes per year.

For more Chemicals and Materials Market reports, please click here

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marketanalysisdata · 12 days ago

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Textile Chemicals Industry Outlook, Research, Trends and Forecast to 2030

The global textile chemicals market was valued at USD 26.44 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 4.5% from 2024 to 2030. This growth is primarily driven by the rising demand in the clothing and apparel sector, which is boosted by a growing global population, urbanization, and higher disposable incomes. Textile chemicals are essential across various stages of fabric production, from pre-treatment and dyeing to finishing, as they enhance the quality, appearance, and functionality of textiles.

The rapid development of new textile manufacturing techniques, such as digital printing, nanotechnology, and smart clothing, has increased the need for specialized chemicals that improve fabric durability, comfort, and additional features like water repellency or UV protection. Additionally, countries like China, India, and Bangladesh have emerged as major textile manufacturing hubs. These nations benefit from lower labor costs and government support aimed at promoting textile production. For instance, in February 2024, the Government of India increased its budget allocation for the textile sector to over INR 1000 crore, with INR 600 crore specifically allocated to support the Cotton Corporation of India. This kind of governmental support is expected to further boost textile chemical demand by driving increased production in these regions.

Gather more insights about the market drivers, restrains and growth of the Textile Chemicals Market

Regional Insights:

North America North America’s advanced textile manufacturing industry is characterized by high quality standards and a demand for technical textiles, especially in sectors like automotive, aerospace, and healthcare. This requires specialized textile chemicals to enhance properties like durability, flame resistance, and antimicrobial features.

In the U.S., the textile chemicals market is strong, driven by a diversified textile sector producing apparel, home furnishings, and technical textiles. Chemicals play a crucial role in enhancing aesthetics, performance, and durability through processes like dyeing, finishing, and coating.

Asia Pacific Asia Pacific held a 57.52% market share in 2023, fueled by extensive textile production in countries like China, India, and Vietnam, benefiting from low production costs and abundant resources. China, the largest global textile producer, uses extensive chemicals for dyeing, finishing, and meeting international standards.

Europe Europe’s textile chemicals market benefits from its long-standing textile industry and focus on innovation. Germany leads in R&D for sustainable textile chemicals, while Turkey’s growing textile production drives demand for chemicals across the value chain, from fiber to finished garments.

Central & South America In Central and South America, textile manufacturing, especially in Brazil, Mexico, and Colombia, is expanding, with a growing need for chemicals in processes like dyeing and finishing. Brazil, in particular, is modernizing its textile facilities and adopting advanced chemicals for better product quality.

Middle East & Africa (MEA) MEA countries are investing in textile infrastructure, such as Kenya's Nairobi Gate Industrial Park, to boost local production. In South Africa, rising middle-class demand and export ambitions drive the use of advanced textile chemicals to meet international standards.

Browse through Grand View Research's Category Specialty Polymers Industry Research Reports.

The global perlite market size was estimated at USD 1.55 billion in 2024 and is projected to grow at a CAGR of 6.9% from 2025 to 2030.

The global aseptic packaging market size was valued at USD 77.1 million in 2024 and is projected to grow at a CAGR of 10.8% from 2025 to 2030.

Key Companies & Market Share Insights:

The global textile chemicals market is characterized by the presence of both established players and emerging participants. Companies in this sector are expanding their manufacturing capabilities, investing in research and development, and focusing on sustainable product innovations to keep up with evolving demands in textile production. This competitive landscape is set to foster a range of innovative products, including environmentally friendly and efficient chemical solutions that align with the growing sustainability trend in the textile industry.

Kiri Industries Ltd. – A key player known for its expertise in dye and dye intermediates, Kiri Industries Ltd. produces a range of textile chemicals used globally in dyeing and printing applications.

AB Enzymes – A biotechnology company specializing in enzyme solutions for various industries, including textiles. AB Enzymes provides enzyme preparations that improve fabric properties and help reduce the environmental impact of textile production. Their products are also used in baking, fruit juice processing, grain processing, and animal feed.

BASF SE – Operating across six segments, BASF SE’s textile chemical offerings are mainly within the chemicals and industrial solutions segments. The company supplies non-halogenated flame retardants and other chemical additives for textiles. Its diversified portfolio includes intermediates, petrochemicals, and catalysts, which cater to various end-use industries, including textiles.

Evonik Industries AG – A leading global manufacturer of specialty chemicals, Evonik operates through four business segments, with the Performance Materials segment serving the textile market. The company provides a wide array of chemical intermediates and additives, including polymer additives and potassium derivatives, for use in enhancing textile properties.

Kemira Oyj – Specializing in chemical solutions for industrial use, Kemira offers products that serve the pulp and paper, water, oil and gas, and textile industries. For textiles, Kemira provides oil-based foam control products (defoamers) that reduce foam formation in high-temperature applications, as well as dry powder flocculants, such as nonionic polyacrylamides, which aid in treating wastewater in textile processes.

OMNOVA Solutions Inc. – OMNOVA is a specialty chemicals manufacturer that produces emulsion polymers and functional chemicals. OMNOVA’s offerings include various decorative and functional surfaces, including pool liner films and upholstery materials. Their performance chemicals and engineered surfaces divisions supply products for applications in textiles, construction, and consumer goods.

Govi N.V. – This company manufactures engineered process chemicals, producing emulsions, oleochemicals, and dispersions for industries including construction, insulation, food, feed, and textiles. With five production sites worldwide, Govi N.V. operates facilities in Belgium, Serbia, Malaysia, and Turkey, supplying materials used in textile treatments.

Resil Chemicals Pvt. Ltd. – Based in India, Resil Chemicals specializes in organic chemicals for textiles and various other industries such as agriculture, construction, and leather. Known for its functional finishes, Resil Chemicals produces solutions for sustainable textile processing, focusing on creating chemicals that improve fabric quality and sustainability in textiles.

Other Emerging Participants – Other noteworthy participants in the textile chemicals market include German Chemicals Ltd., BioTex Malaysia, and additional regional suppliers that are expanding their market reach by supplying niche chemical solutions for textile production.

Order a free sample PDF of the Textile Chemicals Market Intelligence Study, published by Grand View Research.

#Textile Chemicals Market Growth #Textile Chemicals Industry Forecast

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marketstudyreport · 12 days ago

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Textile Chemicals Industry Analysis, Research, Review, Applications and Forecast to 2030

Gather more insights about the market drivers, restrains and growth of the Textile Chemicals Market

Regional Insights:

Browse through Grand View Research's Category Specialty Polymers Industry Research Reports.

The global perlite market size was estimated at USD 1.55 billion in 2024 and is projected to grow at a CAGR of 6.9% from 2025 to 2030.

The global aseptic packaging market size was valued at USD 77.1 million in 2024 and is projected to grow at a CAGR of 10.8% from 2025 to 2030.

Key Companies & Market Share Insights:

Order a free sample PDF of the Textile Chemicals Market Intelligence Study, published by Grand View Research.

#Textile Chemicals Market Growth #Textile Chemicals Industry Forecast

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b2bbusiness · 16 days ago

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Australia Sportswear Market: Growth, Trends, and Future Prospects

The Australian sportswear market has seen steady growth over recent years, fueled by a rising interest in fitness, health, and overall well-being. The country's sports culture and active lifestyle have contributed significantly to this sector's expansion, drawing in both global and local brands eager to meet demand. In this article, we will explore the current state of the Australian sportswear market, major factors influencing its growth, key trends, and future outlook.

1. Market Overview

The sportswear market in Australia has expanded due to increasing consumer spending on health and wellness activities. Valued at over AUD 5 billion, the market covers a range of apparel, footwear, and accessories for fitness enthusiasts, athletes, and those who prioritize casual, comfortable attire. Sportswear's dual purpose—functionality and fashion—has positioned it as a mainstream clothing category, allowing it to gain traction with a broad demographic.

2. Factors Driving Growth in the Sportswear Market

Several key drivers have contributed to the rise in sportswear popularity in Australia:

a. Health and Fitness Awareness

A growing awareness of the benefits of regular exercise and physical activity is pushing Australians toward active lifestyles. Government initiatives and social media fitness trends have encouraged consumers to prioritize health, which has, in turn, led to higher demand for sportswear.

b. Athleisure Trend

The athleisure trend, where sportswear is worn as everyday casual attire, has gained immense popularity. Consumers increasingly choose sportswear for its comfort, versatility, and style, making it suitable for various occasions beyond workouts. This trend has broadened the consumer base for sportswear brands, pushing them to design products that align with both performance and fashion needs.

c. E-commerce and Digital Sales Channels

Online shopping has transformed the sportswear market, enabling brands to reach a wider audience across Australia. E-commerce platforms offer convenience, variety, and promotions, making it easier for consumers to shop for sportswear from home. Digital channels, including social media, have also become crucial for brand visibility, marketing, and customer engagement.

d. Increased Sports Participation

Australia’s deep-rooted sports culture, with popular sports like cricket, rugby, and swimming, has significantly influenced the demand for sportswear. This trend is bolstered by an increase in gym memberships, outdoor recreational activities, and community-based sports leagues, all of which contribute to sportswear sales.

3. Key Trends in the Australian Sportswear Market

As the market continues to grow, several trends are shaping the future of sportswear in Australia:

a. Sustainable and Eco-Friendly Sportswear

With environmental consciousness rising among consumers, many brands are shifting towards sustainable practices, using recycled materials and eco-friendly processes. This trend is driven by consumers’ demand for ethical production methods and green alternatives, influencing brands to prioritize sustainability in their supply chains.

b. Customization and Personalization

Consumers today seek unique and personalized products, a trend seen in the sportswear sector. Brands are offering customization options—such as selecting colors, adding initials, or choosing preferred fabrics—to allow customers to express their style. This personalized approach helps brands build stronger customer loyalty.

c. Technological Integration

Sportswear companies are incorporating advanced fabrics and technologies to enhance performance. Moisture-wicking fabrics, anti-odor materials, and smart sportswear that tracks performance metrics are gaining popularity. These innovations appeal to consumers looking for practical benefits, enhancing sportswear's appeal beyond aesthetics.

d. Collaboration with Influencers and Athletes

Collaborations with social media influencers and athletes are becoming key marketing strategies for sportswear brands in Australia. These partnerships help brands connect with niche audiences and boost brand credibility, as influencers and athletes lend an aspirational quality to the products.

4. Competitive Landscape

The Australian sportswear market is competitive, with major global brands like Nike, Adidas, and Puma dominating. However, there is also a growing presence of local brands such as Lorna Jane and Nimble Activewear, which cater to the unique preferences of the Australian consumer. These local brands often emphasize sustainability and target the growing female market segment, differentiating themselves from international players.

Global brands leverage their extensive resources and brand recognition to capture a substantial market share, while local brands focus on innovative design, cultural relevance, and eco-conscious practices to remain competitive.

5. Future Outlook of the Sportswear Market in Australia

The Australian sportswear market is expected to continue its growth trajectory, with industry analysts projecting a compound annual growth rate (CAGR) of over 6% in the coming years. This growth is likely to be driven by continued health and wellness awareness, the rise of athleisure, and an increasing emphasis on sustainability.

Brands that prioritize digital marketing, expand their e-commerce capabilities, and integrate sustainability in their products will likely thrive. Moreover, innovations in product functionality and customization will play a significant role in attracting consumers who prioritize both style and performance.

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#Australian sportswear market

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shubhampawrainfinium · 1 month ago

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Catch the Perfect Wave: Essential Surfing Gear for Every Adventurer

The global surfing apparel and accessories market is projected to experience substantial growth over the forecast period from 2022 to 2028, with a compound annual growth rate (CAGR) of approximately 6%. The market, valued at around USD 1 billion in 2022, is expected to reach approximately USD 2 billion by 2028.

What Are Surfing Apparel and Accessories?

Surfing apparel and accessories encompass a wide range of products designed for surfing enthusiasts, including wetsuits, board shorts, rash guards, surfboards, and various surfing accessories such as leashes and wax. The growing popularity of surfing as both a recreational activity and competitive sport is driving demand for specialized apparel and accessories that enhance performance and comfort in the water.

Get Sample pages of Report: https://www.infiniumglobalresearch.com/reports/sample-request/38222

Market Dynamics and Growth Drivers

Rising Popularity of Surfing: Surfing continues to gain traction globally, driven by increased awareness and participation in the sport. Events like the inclusion of surfing in the Olympic Games have further boosted its profile, attracting new enthusiasts and participants.

Innovative Product Development: Manufacturers are focusing on technological advancements and innovative designs to enhance the functionality and durability of surfing apparel and accessories. Features such as UV protection, quick-drying materials, and eco-friendly fabrics are gaining popularity among consumers.

Growth of Water Sports Tourism: The surge in water sports tourism, particularly in coastal regions and surf destinations, is driving demand for surfing apparel and accessories. Travelers are increasingly seeking quality gear to enhance their surfing experience.

Social Media Influence: Social media platforms and influencer marketing have played a significant role in promoting surfing culture and lifestyle. This trend has increased awareness of surfing apparel brands, driving sales and engagement among younger demographics.

Sustainable Practices: The growing focus on sustainability and environmentally friendly products is prompting brands to adopt eco-conscious manufacturing practices. This shift toward sustainable materials is appealing to environmentally aware consumers.

Regional Analysis

North America: North America holds a significant share of the surfing apparel and accessories market, driven by a strong surfing culture, particularly in California and Hawaii. The region's established retail infrastructure and online shopping platforms further support market growth.

Europe: Europe is witnessing increasing interest in surfing, with countries like Portugal, Spain, and France becoming popular surfing destinations. The growing number of surf schools and clubs is contributing to rising demand for surfing gear.

Asia-Pacific: The Asia-Pacific region is expected to experience the highest growth in the surfing apparel and accessories market, fueled by the rising popularity of surfing in countries such as Australia, Japan, and Indonesia. Increased investment in surf tourism and local surfing events is also driving market expansion.

Latin America and Middle East & Africa: These regions are gradually growing in the surfing market, with Brazil being a key player in Latin America. As awareness and participation in surfing increase, the demand for related apparel and accessories is also expected to rise.

Competitive Landscape

The surfing apparel and accessories market is characterized by a mix of established players and emerging brands. Key players in this market include:

Quiksilver: A leading brand known for its wide range of surfing apparel and accessories, Quiksilver focuses on quality and innovation in product design.

Billabong: This brand is synonymous with surfing culture and offers a comprehensive line of apparel and gear for surfers of all levels.

O'Neill: Known for its wetsuits and surf gear, O'Neill emphasizes technology and performance in its product offerings.

Rip Curl: A prominent player in the surfing apparel market, Rip Curl specializes in high-quality wetsuits, boardshorts, and surfing accessories.

Hurley: This brand targets younger consumers with stylish and functional surfing apparel, often collaborating with athletes and influencers to promote its products.

Report Overview : https://www.infiniumglobalresearch.com/reports/global-surfing-apparel-and-accessories-market

Challenges and Opportunities

While the surfing apparel and accessories market presents growth opportunities, challenges such as fluctuating raw material prices and intense competition may impact profitability. Additionally, the market must address issues related to product quality and counterfeit goods.

However, the increasing demand for sustainable and innovative products presents a significant opportunity for brands to differentiate themselves. Emphasizing eco-friendly materials and practices can attract environmentally conscious consumers and enhance brand loyalty.

Conclusion

The global surfing apparel and accessories market is poised for robust growth, driven by rising participation in surfing, innovative product offerings, and increasing consumer awareness. As the industry evolves, brands that prioritize sustainability, quality, and performance will likely capture a larger share of the market. The ongoing development of water sports tourism and the influence of social media will further shape the future of the surfing apparel and accessories market, making it an exciting segment to watch in the coming years.

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