Anti-Crease Agent Market Size, Industry Analysis Report, Regional Outlook, Application Growth Potential, Competitive Market Growth & Forecast, 2020 - 2026
Report ID: GMI1194
The global anti-crease agent market growth will see a direct impact of rapid urbanization, which has led to innovation and fashion trends emergence in the textile industry. Fabric enhancement and demand for wrinkle-free materials will also boost the anti-crease agent demand.
Rising application scope in textile industries tend to increase the anti-crease agent penetration due to its crease-resistance property in finished textiles. Woven material conversion into a usable product is among the key procedure in textile industry. Anti-crease agent effective utilization at the finishing stage owing to its fabric finishing quality has enhanced the industry growth.
Inclusion of electrolytes chemical character including Sodium chloride and organic phosphate salt, which ionic in nature and easily dissolved in water along with yellow viscous emulsion appearance are among the key product properties. Growing trend to use artificial or natural resins to convey crease-resistance in finished textiles to improve the performance and fabric look will open new avenues in the industry.
Di Methylol Di Hydroxy Ethylene Urea, Di methylol Urea, Di Methylol Ethylene Urea, Di Methylol Propylene Urea, and Tri Methylol Melamine are key cross linking chemical agent types in the industry.
The global textile spending was over USD 800 billion in 2015. Rapid growth in textile industries along with increasing preference for improving weight and dimensional stability and preventing intermolecular slippage in the fiber core while manufacturing will drive anti-crease agent market growth.
An increase in demand for wrinkle free fabrics and improvements in fabric quality in terms of texture, colors, patterns, and dimension are the key factors, supporting the anti-crease agent industry growth. The product may also witness growth from other textile segments such as ready to wear and in wet procedures such as fulling and pretreatment in order to prevent wrinkle.
Technological advancement is expected to provide a major attention to the development of anti-creasw agent market in the future. Additionally, in hot climate regions, where the cotton fabric usage is significantly strong along with an extensive range of cotton products in these areas has a massive potential for anti-crease agent market growth.
Global textile chemical demand was at 9 million tons in 2015. Yarn formation, coating & textile laminating, fabric pretreatment, and finishing are key application in the industry. Finishing agents occupy the textile chemical share at 15% in 2014.
Resin finishing also termed as anti-crease finish will witness significant growth owing to its crease-resistance property as it reduces fabric shrinkage during laundry and imparts smooth & quick drying property as well and this finish is mainly applied to cotton and its blends with synthetic fibers.
The Europe textile market spending was around USD 176 billion in 2012 and is forecast to account for a major share in the coming years. Enhancements in textiles industries, demands for advanced fabrics, and active fashion trends are some of the key factors positively influencing Europe anti-crease agent market size.
Expansion in textile exportation will drive the India and China anti-crease agent market growth. The India textile industry is predicted to surpass USD 220 billion by 2021 due to the increased domestic consumption and export demand. Textiles exports stood at USD 27 billion during 2014 as compared to USD 23 billion during the previous year.
Excessive or unproportioned amount usage are claimed to leave the textile harsh and stiff along with an unpleasant odor which can cause irritation to the end user. Health issues pertaining to skin allergy due to the involvement of formaldehydes and chlorine will restraint the industry growth.
Anti-crease agent market share includes BASF, Finotex, Zuhai Lingxiong Chemicals Co, Sarex Chemicals, Neochem Technologies, Kunal Organics, and Setas Color Center.
Product portfolio expansion and development is among the key strategy in the industry. For instance, Setas Color Center is the producer & representative agency of dye & chemicals for textiles and leather industries. Setalub MDL, Setalub SR-L, and Setapolymer 399. Setalub MDL are key products which penetrates into the fabric and decreases friction of fiber to fiber or fiber to metal.
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