PUBLISHER: Value Market Research | PRODUCT CODE: 1342931
PUBLISHER: Value Market Research | PRODUCT CODE: 1342931
The global demand for Textile Binders Market is presumed to reach the market size of nearly USD 10.21 BN by 2030 from USD 6.13 BN in 2022 with a CAGR of 5.83% under the study period 2023 - 2030.
Textile binders refer to the chemicals that hold two materials together through cohesion and adhesion. It penetrates through all parts of the material and provides strength and durability to the fabric. The durability of the fabric is generally measured through colour retention. It can be natural or synthetic. There are different types of textile binders available such as acrylic copolymers, vinyl acrylate acrylic and styrene acrylate etc. They are used in the manufacturing of pigment printing paste which is required for the colouring of fabric. Textile binders are also used in the manufacturing of apparel in fabric coating and printing.
The key factor driving the demand for the textile binders market is the increasing demand from the home furnishing sector. The rise in disposable income and changing patterns of lifestyle are surging the demand for this market. Moreover, an increase in the production capacity of the textile industry coupled with growing demand for acrylic copolymers is anticipated to create ample opportunities for this market in the upcoming years. The use of textile binders in different end-user applications, including fabric coating and printing, discharge printing etc. are, propelling the demand for this market. Furthermore, the use of eco-friendly ingredients in the textile industry is increasing credibility credentials and boosting the demand for textile binders in the market.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of textile binders. The growth and trends of textile binders industry provide a holistic approach to this study.
This section of the textile binders market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Textile Binders market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the textile binders market include Archroma Corporate, Fineotex Group, Dow, Camex Ltd., OMNOVA Solutions Inc., Arkema SA, Organic Dyes And Pigments Llc, Pioneer Chemicals Inc., Scott Bader Company Ltd., Hemanjali Polymers Pvt. Ltd., SETEX, 3J Chemicals. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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