The global Anti-Crease Agent market size is expected to reach USD 1,203.6 million by 2030 according to a new study by Polaris Market Research. The report “Anti-Crease Agent Market Share, Size, Trends, Industry Analysis Report, By Type (Dye-bath Lubricant, Wet processing Lubricant), By Application (Personal Use, Public Use), By Cross-linking Chemical Agent; By Region; Segment Forecast, 2022 - 2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The growing production of cotton because of the surging demand for cotton from various emerging economies such as China, India, and Japan, among others, is the foremost factor for the global industry demand. The growing demand for Awrinkle free cotton fabric, coupled with the changing lifestyle of the population demanding developed fashion that includes wrinkle-free fabrics, is further propelling the demand for anti-crease agents. Furthermore, the increasing number of developments in advanced machines, emerging technologies, and escalating demand for wrinkle-free fabric are projected to bolster the global demand over the forecasting years.
Have Questions? Request a sample or make an Inquiry before buying this report by clicking the link below: https://www.polarismarketresearch.com/industry-analysis/anti-crease-agent-market/request-for-sample
Based on the cross-linking chemical agent, the DMU segment is dominating the global industry and is anticipated to lead the market over the forecasting period. DMU is a formaldehyde releaser that is primarily used on fabrics for wrinkle resistance. The high use of DMU in the textile industry is anticipated to drive the growth of the segment.
Whereas DMEU (Di Methylol Ethylene Urea) segment is growing at the highest CAGR in the global industry. DMEU prevents wrinkles/creases that are formed due to the re-forming of the hydrogen bonds. The latest innovations leading to the modernization of the global textile industry creates a various productive opportunity for anti-crease agent across the globe. The offering of a wide range of products by leading companies is anticipated to impel the industry's growth.
For instance, Finotex Chemical Limited offers a wide range of anti-crease products including Finolube Fl/CC (A cost-effective anti-crease lubricant that prevents crease marks in cotton & polyester), Finocon CAZ Premium (Anti-crease lubricant that has emulsification properties to remove oils in order to avoid marks that occur due to fabric-fabric and metal-fabric friction) and others. Therefore, the exponential growth of the textile industry, coupled with the introduction of a new product range by the leading industry players, is projected to bolster the market demand worldwide.
Market participants such as Kunal organics Pvt Ltd, Finotex, Golden Technologia, Neochem Technologies, Kolorjet Chemicals Pvt Ltd, Prochem, Sarex Chemicals, SETA?, SIAM Pro Dyechem Group, and Zhuhai Lingxiang Chemical Co. are some of the key players operating in the global market.
There are various market vendors introducing their innovations across the global market to reinforce their geographical footprints. For instance, in June 2020, ProChem launched PROLUBE ACA, a special anti-crease agent that prevents the fabric wrinkles & rubbing traced on account of its specifications. The product is suitable for use in jet dyeing machines and offers the best results with Lycra & Blends.
Polaris Market Research has segmented the Anti-Crease Agent market report on the basis of type, application, cross-linking agent, and region:
Anti-Crease Agent, Type Outlook (Revenue - USD Million, 2018 - 2030)
Anti-Crease Agent, Application Outlook (Revenue - USD Million, 2018 - 2030)
Anti-Crease Agent, Cross-linking Chemical Outlook (Revenue - USD Million, 2018 - 2030)
Anti-Crease Agent, Regional Outlook (Revenue - USD Million, 2018 - 2030)