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Sizing Agents Market Size

  • Report ID: GMI8164
  • Published Date: Feb 2024
  • Report Format: PDF

Sizing Agents Market Size

Sizing Agents Market was valued at around USD 3.99 billion in 2023 and is anticipated to register a CAGR of over 4% between 2024 and 2032.

 

The demand for sizing agents in the market is primarily driven by the escalating growth in the textile industry, where these agents play a pivotal role in improving weaving efficiency and enhancing the overall quality of finished fabrics. As the textile sector experiences heightened demand due to population growth, rising disposable income, and evolving fashion trends, the need for effective sizing agents becomes imperative. Sizing agents contribute to optimized fiber properties, enabling smoother and more efficient weaving processes, ultimately leading to enhanced fabric strength and quality. Thus, the market is expected to attain a market value of over USD 5.7 billion by 2032.
 

One potential pitfall for the sizing agent market is the increasing scrutiny and tightening of environmental regulations. The industry relies on chemical formulations, and regulatory changes aimed at reducing environmental impact may impose constraints on certain sizing agents. Companies need to proactively address environmental concerns, invest in sustainable alternatives, and stay compliant with evolving regulations to mitigate this potential pitfall.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Global market size for sizing agents was valued at around USD 4 billion in 2023 and is anticipated to register over 4% CAGR between 2024 and 2032, driven by the escalating growth in the textile sector.

Synthetic type segment held a market share worth USD 2.77 billion in 2023 and will grow significantly through 2032 due to its versatile and customizable nature, allowing manufacturers to tailor formulations to specific requirements.

Asia Pacific sizing agents industry generated a revenue of USD 1.66 billion in 2023 and is expected to expand through 2032 due to the thriving textile and manufacturing industries, coupled with rapid industrialization.

AkzoNobel N.V., Ashland Global Holdings Inc., BASF SE, Ciba Specialty Chemicals Inc., Clariant AG, Dow, Evonik Industries, Huntsman Corporation, Imerys S.A., and Kemira Oyj.

Sizing Agents Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 220
  • Countries covered: 23
  • Pages: 310
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