MarkNtel Advisors recently published a detailed industry analysis of the Global Silicone Textile Softener Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Global Silicone Textile Softener Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2027
The Silicone Textile Softener Market is projected to grow at a CAGR of around considerable during the forecast period, i.e., 2022-27.
Key Findings in Global Silicone Textile Softener Market:
- Historical Analysis: 2017–2020
- Base Year: 2021
- Forecast Period: 2022–2027
Leading Market Players- Cosmo Speciality Chemicals, Tian Sheng, Nicca, Momentive Performance Materials Inc., Fineotex, Dow Chemicals, Shin-Etsu, Wacker Chemicals AG, Sarex Chemicals, Rudolf Group
Key Highlights of the Report
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
What are the major Driver the Global Silicone Textile Softener industry?
Surging Production of Cotton Fabric-based Clothing- Cotton plays a vital role in the textile industry for manufacturing clothes. About 75% of clothing contains some proportion of cotton owing to its high availability and being the preferred choice of consumers.
Silicone textile softeners help maintain creases in cotton clothes. Hence, with the surging production of cotton-based fabrics, silicone textile softeners have also witnessed significant growth in their demand in recent years.
- According to the Ministry of Textiles, the Government of India, the country generated revenues to the tune of USD 10 Billion in 2021 by exporting cotton fabric-based clothes & handloom products.
- Moreover, according to the US Department of Agriculture, the country produced approximately 20 million bales of cotton, wherein nearly 78% was used in the textile industry for the production of clothes based on cotton in 2019.
Hence, the availability of cotton and its maximized use across the textile industry while manufacturing clothes indicates a significant expansion of the silicone textile softener market in the years to come.
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What segments define the Global Silicone Textile Softener Market from 2022 to 2027? How do these segments contribute to market dynamics and growth?
By Type
- Inactive Silicone Softener
- Active Silicone Softener
- Modified Silicone Softener
According to report, Modified Silicone Textile Softeners are projected to grab the largest market share during 2022-27.
By Fabric Type
- Cotton
- Wool
- Silk
- Polyester
- Nylon
- Other Synthetic Fiber
According to report, Of all Fabric Types, Cotton encapsulated a significant share of the Global Silicone Textile Softener Market during 2017-21.
Explore the Complete Global Silicone Textile Softener Market Analysis Report – https://www.marknteladvisors.com/research-library/silicone-textile-softner-market.html
Geographical Analysis: Global Silicone Textile Softener Market
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Global Silicone Textile Softener Industry Recent Development:
- In 2021, Nextil Group, a textile company in Spain, announced its plan to launch a new fabric production plant in Guatemala in 2023. This plant would cover an area of 25,000 square meters.
- In 2018, a Turkish-Algerian joint venture introduced a textile production facility in the northwestern Algerian province of Relizane. The facility was named TAYAL SPA and costs around USD 1.5 billion.
Key Questions Addressed in This Study
- What are the primary factors driving the growth of the Global Silicone Textile Softener Market?
- How is the Global Silicone Textile Softener Market expected to evolve over the next five years?
- What key insights can be drawn from current trends shaping the market?
- What is the current market size, and how is it forecasted to change in the coming years?
- What is the future outlook for the market in terms of technological innovation and geographic expansion?
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Why MarkNtel Advisors?
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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