According to the latest report by IMARC Group, titled “Denim Finishing Agents Market: Global Industry Trends, Share, Growth, Opportunity and Forecast 2021-2026,” the global denim finishing agents market size exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 5% during 2021-2026.
Denim finishing agents are specialized additives used for pre-treatment, dyeing, and bleaching of denim jean garments. These chemicals enhance the color and other properties of the fabric. Some commonly used examples of denim finishing agents include enzymes, resins, bleaches, softeners, defoamers, anti-back staining agents, etc. The weaved denim fabric is chemically and mechanically treated with these agents to make it soft and stable. Additionally, they eliminate impurities, increase stiffness to ensure dimensional stability, and help improve the appearance, luster, water, and flame-resistance, etc., of the fabric.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Denim Finishing Agents Market Trends:
The expanding textile industry across the globe is among the primary factors driving the denim finishing agents market. Moreover, the rising demand for premium apparel that are treated and maintained with high-quality finishing agents is further catalyzing the market growth. Besides this, several product innovations, such as the launch of novel denim fabric varieties, including stretchable, skinny, colored, stain-resistant, etc., are also acting as growth-inducing factors. Furthermore, many product manufacturers are developing bio-based finishing formulations and nano-coatings for minimal environmental impact and increased biodegradability, which is propelling the product demand. In the coming years, the numerous promotional activities by garment manufacturers, coupled with the growing number of online retail channels offering a wide range of products, are anticipated to fuel the denim finishing agents market.
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Denim Finishing Agents Market 2021-2026 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
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.
The report has segmented the market on the basis on region, product, enterprises size, distribution channel.
Breakup by Product:
- Anti-Rusting Agent
- Crush Resistant
- Anti-Back Staining Agent
Breakup by Enterprises Size:
- Small and Medium Enterprises
- Large Enterprises
Breakup by Distribution Channel:
- Manufacturer/Distributor/Service Provider
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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