Denim Finishing Agents Market is Expected to Reach US$ 2.1 Billion by 2027: IMARC Group
SHERIDAN, WYOMING, UNITED STATES, September 13, 2022 /EINPresswire.com/ -- According to the latest report by IMARC Group, titled “Denim Finishing Agents Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global denim finishing agents market size reached US$ 1.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 2.1 Billion by 2027, exhibiting a growth rate (CAGR) of 5.97% during 2022-2027.
Denim finishing agents are specialized additives for dyeing and bleaching denim jeans. They include enzymes, resins, softeners, defoamers, bleaches, crush resistance, and anti-back staining agents that help highlight the color of the fabric. They assist in eliminating the impurities and enhancing the stiffness of denim to ensure dimensional stability. Besides this, they aid in improving the appearance, luster, and water and flame resistance of the fabric. As a result, denim finishing agents are extensively used in making jeans, jackets, trousers, bags, and denim accessories.
Covid-19 Scenario: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Market Trends and Drivers:
Inflating disposable income of individuals and the rising demand for premium apparel are among the key factors positively influencing the market. In addition, the launch of novel skinny, stretchable, colored, and stain-resistant denim fabrics is creating a positive outlook for the market. Furthermore, leading manufacturers are focusing on introducing organic or bio-based finishing formulations and nano coatings for minimal environmental impact and easy biodegradation. Moreover, the proliferation of online shopping platforms and increasing investment by garment manufacturers in various promotional activities are driving the market.
Denim Finishing Agents Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
AB Enzymes GmbH (Associated British Foods plc), Americos Industries Inc., Aplicación y Suministros Textiles S.A., BASF SE, Denimist Chemical Company, Huntsman Corporation, Kemin Industries Inc, Kunal Organics Pvt. Ltd., Nearchimica S.p.A., Organic Dyes and Pigments LLC, Rudolf GmbH and The Seydel Companies Inc.
The report has segmented the market on the basis on region, product, enterprises size, distribution channel.
Breakup by Product:
Enzymes
Resins
Softeners
Defoamers
Anti-Rusting Agent
Crush Resistant
Anti-Back Staining Agent
Others
Breakup by Enterprises Size:
Small and Medium Enterprises
Large Enterprises
Breakup by Distribution Channel:
Manufacturer/Distributor/Service Provider
Aftermarket
Breakup by Region:
North America: (United States, Canada)
Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa
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Key highlights of the report:
Market Performance (2016-2021)
Market Outlook (2022-2027)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Elena Anderson
IMARC Services Private Limited
+1 6317911145
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