Jul 6, 2020   SOURCE: BusinessWire

Outlook on the Functional Textile Finishing Agents Global Market to 2027 - Featuring BASF, Bayer & DowDupont Among Others - ResearchAndMarkets.com

The "Functional Textile Finishing Agents - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Amid the COVID-19 crisis and the looming economic recession, the Functional Textile Finishing Agents market worldwide will grow by a projected 564.3 Tons, during the analysis period, driven by a revised compounded annual growth rate (CAGR) of 5%. Antimicrobial/Anti-inflammatory, one of the segments analyzed and sized in this study, is forecast to grow at over 6.9% and reach a market size of 346 Tons by the end of the analysis period.

The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.

An unusual period in history, the coronavirus pandemic has unleashed a series of unprecedented events affecting every industry. The Antimicrobial/Anti-inflammatory market will be reset to a new normal which going forwards in a post COVID-19 era will be continuously redefined and redesigned. Staying on top of trends and accurate analysis is paramount now more than ever to manage uncertainty, change and continuously adapt to new and evolving market conditions.

As part of the new emerging geographic scenario, the United States is forecast to readjust to a 3.9% CAGR. Within Europe, Germany will add over 16.9 Tons to the region's size over the next 7 to 8 years. In addition, over 16.5 Tons worth of projected demand in the region will come from Rest of European markets. In Japan, the Antimicrobial/Anti-inflammatory segment will reach a market size of 6.4 Tons by the close of the analysis period. Blamed for the pandemic, significant political and economic challenges confront China. Amid the growing push for decoupling and economic distancing, the changing relationship between China and the rest of the world will influence competition and opportunities in the Functional Textile Finishing Agents market.

Against this backdrop and the changing geopolitical, business and consumer sentiments, the world's second largest economy will grow at 8.7% over the next couple of years and add approximately 156.9 Tons in terms of addressable market opportunity. Continuous monitoring for emerging signs of a possible new world order post-COVID-19 crisis is a must for aspiring businesses and their astute leaders seeking to find success in the now changing Functional Textile Finishing Agents market landscape. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include, among others,

  • Archroma Management LLC
  • BASF SE
  • Bayer AG
  • DowDupont Inc.
  • Ethox Chemicals, LLC
  • Evonik Industries AG
  • Huntsman International LLC
  • Kemira Oyj
  • Kiri Industries Ltd.
  • Omnova Solutions, Inc.
  • Organic Dyes and Pigments
  • Sumitomo Chemical Co., Ltd.
  • The Lubrizol Corporation

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Global Competitor Market Shares
  • Functional Textile Finishing Agents Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

Total Companies Profiled: 41

For more information about this report visit https://www.researchandmarkets.com/r/i24one