Global Denim Finishing Agents Market Insights Forecasts to 2032

• The Denim Finishing Agents Market Size was valued at USD 1.4 Billion in 2022.
• The Market is Growing at a CAGR of 8.2% from 2022 to 2032
• The Worldwide Denim Finishing Agents Market Size is expected to reach USD 2.5 Billion by 2032
• Europe is expected To Grow the fastest during the forecast period

The Global Denim Finishing Agents Market Size is expected to reach USD 2.5 Billion by 2032, at a CAGR of 8.2% during the forecast period 2022 to 2032.

Denim finishing agents are specific additives that are used to pre-treat, dye, and bleach denim jean clothing. They are added to enhance the fabric's colour and other qualities. Enzymes, resins, softeners, defoamers, bleaches, crush-resistance, and anti-back staining agents are a few of the regularly used denim finishing chemicals. These substances are mechanically and chemically applied to the weave of the denim fabric to soften and stabilise it. To ensure dimensional stability, the agents remove contaminants and increase stiffness. Additionally, they help the fabric's look, lustre, and water and flame resistance.

Impact of COVID 19 On Global Denim Finishing Agents Market

Although denim plays a crucial role in the growth of the fashion industry, the market has also witnessed a significant impact on the global denim finishing agents market. COVID 19 pandemic has forced the people to stay at home and wear jammies or other comfortable outfits. Over the pandemic period, the sales of denim jeans have witnessed a significant drop. Not only this but also COVID 19 outbreak has disrupted the supply chains and production of finished products due to which the denim finishing agents market has faced adverse impact in 2020.

Key Market Drivers

The usage of nanotechnology has positively impacted the denim industry. Th usage of nanocoatings offers myriads of benefits to denim fabrics such as wrinkle free property, water repellence, anti static property, self cleaning fabric, and flame redundancy. Apart from this, it also helps in increasing the durability of fabric without damaging the quality of the product. Different multinational denim companies are using advanced technologies to develop specialized fabrics in order to meet the increasing demand of the consumers according the shift in fashion trends. The key products which are responsible for the paradigm shift in the finished products industry compromise offering unique features such as durable, softness, stone washing, and denim fading. In addition, the use of advanced technologies for the reduction of the usage of water over the fabric washing process is anticipated to impact the market in a positive way. Moreover, increasing awareness related to the use of water as well as toxic chemicals in wet processing of the fabrics is resulting the bio based finishing formulations development along with the use of advanced technologies in the developed nations.

Key Market Challenges

The increasing problems over the environment as well as health based effects of the chemicals that are used in the denim finishing process is the key parameters which are hamper the denim finishing agents market. Enzymes, softeners, and dyes are the main ingredients in the denim finishing treatments and they have the ability to harm the environment as well as the human health. Denim industry employees and customers who buy denim products may face health issues owing to the presence of these ingredients.

Market Segmentation

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. The demand for cotton denim is being driven by an increase in the need for cotton to achieve the ideal texture in denim. Denim is created by tightly weaving together long strings of clean cotton fibres using a piece of industrial machinery. The longevity, as well as thickness of denim, are fundamental characteristics due to the strength of these yarn twists. Due to the fabric's tightness, colour only reaches the fabric's surface when it is dyed, leaving the threads underneath white. Therefore, the market will continue to rise during the forecast period owing to the increased usage of denim finishing agents.

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. Softeners segment is further sub segmented into anionic, cationic, others. Denim softeners make the fabric feel silky and fluffy and also stop static and the growth of black defects. Materials are kept from tangling or wrinkling with their use of softeners. These substances also increase denim's tearing strength, abrasion resistance, and stitching thread and needle breakage resistance. As a result, it is predicted that the denim finishing agents market would increase due to the significant increase in the demand for softeners finishing agents as a result of their enticing 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. Denim is a durable cotton twill fabric that is frequently used to make jackets, jeans and dungarees, among other garments. The growing preference for denim in the garment industry is predicted to fuel the expansion of the denim finishing agents market because of its tough and long-lasting qualities. The garment business frequently employs denim finishing agents such softeners, defoamers, softeners, and others. The market for denim finishing agents will also rise as a result of the expanding textile and apparel industries.

Regional Insights

Asia Pacific is dominating the market with the largest market share over the forecast period

Asia Pacific is dominating the global Denim Finishing Agents market over the forecast period. The demand for these speciality products over the past 10 years has been greatly influenced by the significant use of finishing products in developing nations like China, India, Bangladesh, as well as Vietnam. Due to low labour costs, rapid economic growth, and benevolent regulatory frameworks, multinational corporations are expanding their production facilities in Asia Pacific region.

Europe, on other hand is estimated to witness the fastest market share over the forecast period. It is projected that significant product utilisation and the use of novel biotech enzyme chemicals would help to the industry's consistent expansion in both regions. By 2025, the main nations including Germany, France, Turkey, the United Kingdom, and Brazil—are most likely to be the market leaders.

Recent Market Developments

• In May 2023, CHT Group has made an announcement about the expansion of its business by establishing a new production facility in Meghna Industrial Economic Zone, Narayanganj Bangladesh in increasing its tailor made customer service in Asia Pacific.

List of Key Companies

• 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
• 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