TMR_Research_Reports_2017 Global Textile Chemicals Industry Analysis By 2024 | Page 3

Textile Chemicals Market
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Increasing Spending on Clothing and Textiles to Trigger Demand for Textile Chemicals
The rising disposable income of the people worldwide is resulting in increased spending on clothing and
textiles. This, in turn, is creating a staggering volume of demand for textile chemicals. The strengthening
economic conditions are allowing end-user sectors such as industrial, textile, packaging, and pharmaceutical to
gain traction, which is working in favor of the global market for textile chemicals.
“The ability of these chemicals to improve the characteristics of textiles by adding versatility and strength to
them is boosting the overall revenue of the market,” says a TMR analyst. Apart from this, the development of
technical textiles along with their soaring demand among industries such as healthcare, sports equipment,
agriculture, and environmental protection gears is stoking the growth of the market.
Harmful Effects of Textile Chemicals on Environment and Human Health to Take Toll on Market
Growth
The repercussions of the usage of