Global Textile Chemicals Market Will Reach USD 3160 Million By 2024
According to the report by Zion Market Research, the global textile chemical market was valued at around USD 2500 million in 2017 and is expected to reach approximately USD 3160 million by 2024, growing at a CAGR of slightly above 4.5 per cent between 2018 and 2024. The textile industry can also be termed as a chemical dependent industry, as it utilizes a variety of chemicals during the manufacturing process. Textile chemicals include a huge range of products, such as surfactants, starch, sulfonated oils, and grease, among various other products. These chemicals are largely used for applications in pre-treatment processes, like coatings, sizing, etc.