Q. What was the value of the textile chemicals market in 2021?

What was the value of the textile chemicals market in 2021?

Stratview Research releases a new insightful report on the Textile Chemicals Market, that makes efforts at providing deep insights into numerous factors that are vital to the growth of this industry.

Market Insights
According to the present report, the textile chemicals market size was valued at USD 26.42 Billion in 2021 and is likely to grow at a CAGR of 4.52% during 2022-2028 to reach USD 36.14 Billion in 2028.

The major contributing factors driving the market for textile chemicals are their demand owing to the increasing population and for apparel and technical textiles.

The global textile chemicals market was badly hit by the pandemic in the year 2020. Many textiles chemicals-producing countries stopped production due to lockdowns and restrictions. This led to supply chain disruption in the textile chemicals market.

What are textile chemicals?
Textile chemicals are the chemicals that are extensively used in the textile industry to improve the performance and properties of clothes.

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Apr, 2023

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