Global Textile Chemicals Industry is Expected to Reach USD 23,423.4 Million in 2018: Transparency Market Research

Global Textile Chemicals Industry is Expected to Reach USD 23,423.4 Million in 2018: Transparency Market Research PR Newswire ALBANY, New York, September 18, 2012 ALBANY, New York, September 18, 2012 /PRNewswire/ -- According to a new market report published by Transparency Market Research (http://www.transparencymarketresearch.com), "Textile Chemicals Market: Global Industry Analysis, Market Size, Share, Growth and Forecast, 2009 - 2018," the global textile chemicals market is expected to be worth USD 19,627.0 million in 2013 and is further expected to reach USD 23,423.4 million in 2018, growing at a CAGR of 3.6% from 2013 to 2018. In the overall global market, Asia Pacific dominated the textile chemicals market with a market share of 52.3% in 2011, followed by North America at 17.9%. Browse the full report at http://www.transparencymarketresearch.com/textile-chemicals- market.html Globally, the textile chemicals market is driven by the growth of the global apparels market and technical textiles market. The global textile chemicals industry, by product type was led by coating and sizing chemicals with 32.1% of the market in 2011, closely followed by colorants and auxiliaries with 26.9% of the market in 2011. Other types of textile chemicals include surfactants, desizing agents, bleaching agents and yarn lubricants. The collective share of such textile chemicals amounted to 22.9% of the global textile chemicals market by product in 2011.