Global Anti-crease Agents Market: Overview
The anti-creasing agent market is expected to display sturdy growth over the forecast period. In recent times, rapid urbanization and changing fashion trends has led to the advancement of the textile industry. Anti-crease agents are chemicals that are used for improving the performance and look of finished textiles. At present, natural or synthetic resins are used to impart crease resistance to finished textiles, which enhances the look and performance as per the need of the end user requirement.
The anti-creasing agent industry is continually developing over the past few years. The use of newer ingredients employing newer techniques has led to the enhanced performance of anti-creasing agents in wrinkle-free fabrics, which includes improved dimensional stability and embossed effects.
The research report studies the market segments, major geographies, and current market trends to present a satisfactory conclusion about the growth of the anti-crease agents market until the end of the forecast period in 2024.
Global Anti-crease Agents Market: Trends and Opportunities
The rising demand for crease-free textiles and advancement of textile features such as pattern, color, texture are the key factors driving the anti-crease agent market. Changing trends in the fashion and textile industry and advancement of textile manufacturing processes have translated into increasing demand for anti-creasing agents.
Tropical countries that display a high demand for cotton fabrics have huge potential for the growth of the anti-crease agents market. Crease-free cotton clothing and other cotton merchandise are expected to drive the demand for anti-creasing in these regions over the report’s forecast period.
Chemicals that are used for anti-crease agents are strictly controlled for composition and for careful handling to avoid risk to human or to property. This includes high quality chemicals and compounds that are safe to use.
However, the growth of the anti-crease agents market is hampered due to several factors. Anti-crease agents decrease the tensile strength of textile resulting in easy tear and reduced life of the textile. Excessive use of anti-creasing agent not only leaves an unpleasant odor on finished products, it also makes them feel stiff and harsh, which may not be comfortable for the user. Moreover, anti-creasing agents contain chlorine and formaldehyde that pose a health risk to users due to their allergic properties. These factors are collectively hampering the growth of the anti-creasing agent market.
Global Anti-crease Agents Market: Regional Outlook
Geography-wise, the global anti-crease agents market is divided into: North America, Europe, Asia Pacific, and Rest of the World. Asia Pacific is expected to emerge as a significant market for anti-crease agents due to the large demand for cotton fabrics and the changing styling trends in the fashion industry. North America and Europe are also anticipated to display substantial demand in the coming years due to further development of the fashion industry in these regions.
Global Anti-crease Agents Market: Competitive Landscape
Some of the top companies that operate in the global anticrease agents market are Finotex, Kunal Organics Pvt Ltd, Star Orechem International Pvt Ltd, Setas Color Centre, Neochem Technologies, Sarex Chemicals, Prochem, Kompass, Rung International, Kolorjet Chemicals Pvt. Ltd., SIAM Pro Dyechem Group, Alam Chemicals, Zhuhai Lingxiang Chemical Co. Ltd., and Golden Technologica among others.
The key players in the market are not only profiled for their distinguishing business attributes but their indicators of strengths, weakness, opportunities, and threats during the forecast period are analyzed as well.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.