Global Denim Finishing Agent Market Size To Grow USD 2.5 Billion by 2032 | CAGR of 8.2%
Category: Chemicals & MaterialsGlobal Denim Finishing Agent Market worth $2.5 Billion by 2032
According to a research report published by Spherical Insights & Consulting, the Global Denim Finishing Agent Market Size To Grow from USD 1.4 Billion in 2022 to USD 2.5 Billion by 2032, at a Compound Annual Growth Rate (CAGR) of 8.2% during the forecast period.
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Browse key industry insights spread across 200 pages with 100 Market data tables and figures & charts from the report on "Global Denim Finishing Agents Market Size, Share, and COVID-19 Impact Analysis, By Denim (Raw Denim, Cotton Denim, Sanforized Denim, Stetch Denim, Crushed Denim, Selvedge Denim, Poly Denim, Others), By Finishing Agent Type (Bleaching Agents, Softeners, Resin Finishing Agent, Defoamers, Enzymes, Anti back Staining Agent, Others), By Application (Footwear, Accessories, Garments, Homeware, Others), by Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2022 – 2032."https://www.sphericalinsights.com/reports/denim-finishing-agents-market
To pre-treat, dye, and bleach denim jean clothes, specific additives called denim finishing agents are used. They are included to improve the fabric's overall appearance and colour. Among the often used denim finishing chemicals are enzymes, resins, softeners, defoamers, bleaches, crush-resistance, and anti-back staining agents. The weave of the denim fabric is treated with these materials mechanically and chemically to soften and stabilise it. The agents eliminate contaminates and boost stiffness to guarantee dimensional stability. They also improve the fabric's appearance, gloss, and flame and water resistance.
COVID 19 Impact
Although denim is essential to the development of the fashion industry, the denim finishing agents market has also been significantly impacted by the market. People have been obliged to stay at home and dress comfortably due of the COVID 19 pandemic. Sales of denim jeans have decreased significantly during the pandemic period. In addition to this, the COVID 19 epidemic has also interrupted supply chains and completed product production, which will negatively affect the market for denim finishing agents in 2020.
The denim industry has benefited from the use of nanotechnology. Numerous advantages of using nanocoatings on denim fabrics include wrinkle-freeness, water resistance, anti-static ability, self-cleaning fabric, and flame resistance. In addition, it aids in extending the fabric's lifespan without lowering the product's quality. To address the rising customer demand in line with the changing fashion trends, various international denim businesses are adopting cutting-edge technologies to create specialised textiles. The primary goods that have caused a paradigm shift in the completed goods sector compromise on providing special qualities including toughness, softness, stone washing, and denim fading.
The primary factors impeding the market for denim finishing agents are the growing concerns regarding the environmental and health consequences of the chemicals used in the denim finishing process. The major components of denim finishing treatments are enzymes, softeners, and dyes, and they have the potential to be harmful to both the environment and human health. Due to the presence of these substances, denim industry workers and people who purchase denim products may have health problems.
Denim Type Insights
Cotton denim segment accounted the largest market share over the forecast period
On the basis of denim type, the global denim finishing agents market is segmented into raw denim, cotton denim, sanforized denim, stretch, crushed denim, selvedge denim, poly denim, and others. Among these, cotton denim segment accounted the largest market share over the forecast period. An increased need for cotton to produce the ideal texture in denim is what is driving the demand for cotton denim. Using a piece of industrial equipment, long strings of pure cotton fibres are tightly woven to produce denim. Due to the durability of these yarn twists, denim's lifetime and thickness are key properties. The tightness of the cloth prevents dye from penetrating beneath the surface, leaving the threads underneath white. As a result of the growing use of denim finishing chemicals during the forecast period, the market will continue to grow.
Finishing Agent Type Insights
Softeners segment is dominating the market with the largest market share over the forecast period
Based on the finishing agent type, the global denim finishing agents market is segmented into bleaching agents, softeners, resin finishing agent, defoamers, enzymes, anti back staining agent, and others. Among these, softeners segment is dominating the market with the largest market share over the forecast period. The softeners sector is further divided into anionic, cationic, and other sub segments. Denim softeners give the cloth a silky, fluffy feel while also preventing static and the spread of black flaws. By using softeners, materials are prevented from tangling or wrinkling. Additionally, these materials improve the tearing resistance, abrasion resistance, and stitching thread and needle breakage resistance of denim. It is therefore anticipated that the market for denim finishing agents will expand because to the sharp rise in demand for softeners finishing agents as a result of its alluring qualities.
Application Insights
Garments segment dominates the market over the upcoming years
On the basis of application, the global denim finishing agents market is segmented into footwear, accessories, garments, homeware, and others. Among these, garments segment dominates the market with the largest market share over the forecast period. Among other things, denim is a tough cotton twill fabric that is widely used to create jackets, jeans, and dungarees. Because of its durable and long-lasting features, denim is expected to gain popularity in the garment sector and drive market growth for denim finishing chemicals. The denim finishing industry regularly uses softeners, defoamers, and other softening agents. The growing textile and clothing sectors will increase demand for denim finishing agents.
Regional Insights
Asia Pacific is dominating the market with the largest market share over the forecast period
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Asia Pacific is dominating the global Denim Finishing Agents market over the forecast period. Over the past ten years, the increased use of finishing products in developing countries like China, India, Bangladesh, and Vietnam has had a considerable impact on the demand for these specialist items. Multinational firms are enlarging their production facilities in the Asia Pacific region as a result of low labour costs, rapid economic expansion, and favourable regulatory frameworks.
On the other hand, market share in Europe is anticipated to grow at the fastest rate throughout the projection period. The sector is expected to continue expanding in both regions thanks to substantial product utilisation and the usage of innovative biotech enzyme compounds. Germany, France, Turkey, the United Kingdom, and Brazil are anticipated to hold the top market positions by 2025.
Major vendors in the Global Denim Finishing Agents Market include 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.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2019 to 2032. Spherical Insights has segmented the global Denim Finishing Agents Market based on the below-mentioned segments:
Denim Finishing Agents Market, Denim Type Analysis
- Raw Denim
- Cotton Denim
- Sanforized Denim
- Stretch Denim
- Crushed Denim
- Selvedge Denim
- Poly Denim
- Others
Denim Finishing Agents Market, Finishing Agent Type Analysis
- Bleaching Agents
- Softeners
- Resin Finishing Agent
- Defoamers
- Enzymes
- Anti back Staining Agent
- Others
Denim Finishing Agents Market, Application Analysis
- Footwear
- Accessories
- Garments
- Homeware
- Others
Denim Finishing Agents Market, Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of Middle East & Africa
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