The Global Silicone Textile Softener Market is expected to witness considerable growth during 2022-27, says MarkNtel Advisors in their research report. The rising environmental concerns of textile softeners not being easily decomposed and the use of bleaching reagents in the textile industry has infused the need for silicone textile softeners to improve the quality of clothes. This infusion has also resulted in the increased wear life of clothes and enhanced flexibility of fabrics. Silicone textile softeners are used, commonly as dyeing & finishing agents.
Besides, the launch of the new range of silicone textile softeners by the leading market players, rapid government investments & initiatives for the textile industry, and the burgeoning demand for different fabrics are also projected to fuel the growth of the Global Silicone Textile Softener Market in the coming years.
Moreover, the increasing population, rising disposable income, and the growing trend of fast fashion among millennials are other crucial factors expected to boost the global market. In addition, advancements in pre-treatment & specialty finishing chemicals and the surging need for long-lasting environment-friendly softeners in the industry shall also play a crucial role in augmenting the overall market growth during 2022-27, further states the research report, “Global Silicone Textile Softener Market Analysis, 2022.”
Recent Developments
Cotton Acquired a Significant Share in the Global Silicone Textile Softener Market
Cotton is one of the widely used fabrics in the textile industry for manufacturing clothes for several purposes. The high availability of cotton globally leads to the burgeoning demand for cotton clothes among consumers due to their features, like hypoallergenic, eco-friendly, comfortable, and low maintenance. The demand for cotton in the textile industry of countries like Pakistan, India, Bangladesh, Vietnam, Turkey, and China is soaring at an exponential pace since these countries are the global textile hubs and home to the contract manufacturing units of international clothing multinational companies.
According to Sewport, approximately 75% of clothing products contain cotton. Most T-shirts are made using at least some amount of cotton. Hence, to maintain the crease & softness of cotton, silicone textile softeners have become a necessity. Furthermore, the rising use of cotton for household products, such as bathrobes, bathmats, and towels, along with the surging demand for cotton for manufacturing medical supplies like industrial threads & tarps, has been further driving the Global Silicone Textile Softener Market.
Asia-Pacific to Sustain as a Major Market for Silicone Textile Softeners through 2027
Of all regions worldwide, Asia-Pacific held the largest share in the Silicone Textile Softener Market during 2017-21. It owes to the significant growth of the textile industry in the region that has been supported by the bulk production of raw materials, such as cotton, wool, silk, etc., in countries like India & China.
Besides, increasing government investments in new textile units, rapid urbanization, and surging disposable income of consumers are other crucial factors anticipated to fuel the regional market growth in the coming years. Furthermore, the presence of key industry players, such as H&M, Nike, Zara, etc., coupled with the new-age fashion trends & styles has significantly impacted the Asia-Pacific's textile industry, and, consequently, on the silicone textile softener market, reveals MarkNtel Advisors in their research report, "Global Silicone Textile Softener Market Analysis, 2022."
Key Market Competitors:
According to MarkNtel Advisors, the leading players in the Global Silicone Textile Softener Market include Cosmo Speciality Chemicals, Tian Sheng, Nicca, Momentive Performance Materials Inc., Fineotex, Dow Chemicals, ShinEtsu, Wacker Chemicals AG, Sarex Chemicals, & Rudolf Group.
Key Questions Answered in the Study