Chinese Textile Chemicals Market Analysed & Forecast in New TechSci Research Study Published at MarketPublishers.com22 Sep 2014 • by Natalie Aster
LONDON – China’s textile market has been gaining momentum in the recent past due to the rapid urbanisation and growing income per person. In 2013, textile and clothing exports increased by 11.4% y-o-y on account of the rising demand for men’s formal wear and casual wear, home furnishing products and carpets. With the booming textile market the demand for textile chemicals is seeing fast growth in China. Furthermore, the government’s strong incentives to expand the textile industry in central and western China are boosting the domestic textile chemicals consumption.
The market for textile chemicals in China is projected to witness a 9.7% CAGR through to 2019. The colorants segment, followed by auxiliaries, captured the largest share in 2013. China’s north-western and south-central regions are expected to propel the growth of the domestic textile manufacturing industry. The technical textiles which are used in sports or automotive applications are also witnessing high growth as it utilises high performance and high functionality textile auxiliaries. These chemicals impart significant functional and physical properties to the textile material. The demand for textile chemicals is expected to keep on increasing significantly underpinned by increasing urbanisation, soaring textile consumption domestically as well as ongoing expansion of textile exports from China.
New market research report “China Textile Chemicals Market Forecast and Opportunities, 2019” elaborated by TechSci Research provides a comprehensive and unbiased analysis of the Chinese textile chemicals market.
The report provides the national textile chemicals market size (by volume and value) and market share (by product type, region, application, company) along with forecast figures; provides the market size (by value and volume), market share (by process and region) plus forecasts for the key market segments – textile auxiliaries and textile colorants. The research publication features market drivers and challenges, changing market trends and developments, policies and regulations, foreign trade, and China’s economic profile. The competitive landscape examination including top 10 company profiles is provided, as well as strategic recommendations are available in the study.
China Textile Chemicals Market Forecast and Opportunities, 2019
Published: September, 2014
Price: US$ 2,000.00
More new market research reports by the publisher can be found at TechSci Research page.