The global textile chemicals market size is projected to reach USD 26.40 billion by the end of 2027. The increasing applications of the product across diverse industry verticals will emerge in favor of the growth of the market. According to a report published by Fortune Business Insights, the market was worth USD 20.85 billion in 2019 and will exhibit a CAGR of 3.2% during the forecast period, 2020-2027. Source: https://www.fortunebusinessinsights.com/textile-chemicals-market-103284 The recent coronavirus outbreak has created a sense of panic across the world.

Textile Chemicals Market Pegged for Robust Expansion by 2028 The textile chemicals market was valued at USD 27.71 billion in 2022 and is likely to grow at a CAGR of 4.47% during 2023-2028 to reach USD 36.14 billion in 2028. Textile chemicals are specialty chemicals that are used in different processes and treatments including dyeing, bleaching, coating, pre-treatment, printing, etc. in the production of a wide range of textiles. These chemicals enhance the appearance and durability of textiles providing properties such as fire retardancy, water resistance, anti-bacterial properties, etc. Textile chemicals undergo stringent regulation to guarantee their safety and environmental impact. Read More: https://www.stratviewresearch.com/1506/textile-chemicals-market.html