October 05, 2021
According to the research report titled ‘Global Sizing Agents Market, 2021-2027’, available with MarketStudyReport, global sizing agents market is expected to grow at a CAGR of 3.9% over the forecast period 2021-2027.
As per the report findings, surging demand from paper and textile manufacturing sectors is the primary factor driving global sizing agents market growth. For instance, National Development and Reform Commission of China reported that domestic apparel and knitwear sales were recorded at USD 172.4 billion during the first 11 months of 2019, marking a 3% increase in year-on-year growth rate.
Request sample copy of this Report: https://www.marketstudyreport.com/request-a-sample/3706276/
For the unversed, sizing agents are substances applied on materials such as textiles or paper to enhance water resistance qualities. These compounds are mainly used to prevent ink seepage on the surface of paper, and to avoid blurring of ink due to contact with water.
Despite the positive outlook, disturbances in logistics and supply chains caused by the COVID-19 pandemic, and strict environmental regulations are likely to impede market development in the upcoming years.
Based on product type, global sizing agents market is arrayed into synthetic and natural. Among these, synthetic agents segment is slated to register remarkable growth over the forecast period, owing to surging demand for modern, high-performance looms.
Moving on to application scope, the industry classification comprises paper, textiles, and food & beverage. Textiles segment is expected to capture a major market share over 2021-2027, on the back of high apparel demand from a growing population base, as well as frequent emergence of new fashion trends.
From a regional frame of reference, Asia Pacific industry is poised to witness a healthy growth rate over the assessment period, owing to factors such as supportive government initiatives, high demand for paper bags, preference for paper-based packaging in India, and growing e-commerce and food delivery sectors in China.
Major contenders in worldwide sizing agents market sphere are Solenis LLC, Seiko PMC Corp., Kemira Oyj, Harima Chemicals Group Inc., and Ecolab Inc. among others.