Lucintel’s latest market report analyzed that denim finishing agents in the global textile chemical provides attractive opportunities in apparel, home textile, and technical textile applications. The denim finishing agents in the global textile chemical market is expected to reach $2.9 billion by 2028 with a CAGR of 6.5%. In this market, natural fiber is the largest segment by fiber type, whereas apparel is largest by application.
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Based on fiber type, the denim finishing agents in the global textile chemical market is segmented into natural fiber and synthetic fiber. The natural fiber segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to the versatility, durability, and comfort, and they enhance the natural properties of the cotton fiber such as softness, breathability, and moisture absorption.
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The Denim Finishing Agents in the Global Textile Chemical Market is marked by the presence of several big and small players. Some of the prominent players offering denim finishing agents in the global textile chemical include Dow, BASF SE, Wacker Chemie AG, Huntsman Corporation, and Solvay.
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