Sizing Agents Market - Global Forecast to 2023: Market is Estimated to be USD 3.1 Billion in 2018 and is Projected to Reach USD 4.0 Billion by 2023
DUBLIN, Dec. 5, 2018 /PRNewswire/ --
The "Sizing Agents Market by Type (Natural and Synthetic), Application (Textile & Fiber, Paper & Paperboard, Cosmetics, Food & Beverage), And Region (Asia Pacific, Europe, North America, South America, Middle East & Africa) - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The global sizing agents market is estimated to be USD 3.1 billion in 2018 and is projected to reach USD 4.0 billion by 2023, at a CAGR of 5.4% between 2018 and 2023.
The increasing demand for sizing agents in various industrial applications is projected to drive the demand for these chemicals. The continuous expansion of the automotive, medical, packaging, and apparel industries is expected to drive the demand for sizing agents during the forecast period. However, environmental concerns regarding the disposal of these chemicals into water is a major restraining factor for the sizing agents' manufacturers.
Synthetic sizing agents is the fastest-growing type segment of the sizing agents market.
The market for synthetic sizing agents is projected to register the highest CAGR during the forecast period. The growing consumer need for durability and aesthetics of paper and technical textiles is expected to create demand for sizing agents during the forecast period. Consumers are becoming aware of the sustainable packaging solution, which is further creating demand for paper-based packaging, especially in the food & beverages industry. This, in turn, is expected to drive the demand for synthetic sizing agents.
Textile & fiber is the largest application segment of the sizing agents market.
Textile & fiber is projected to be the largest segment of the market. The growth of the segment is mainly attributed to the rising demand for sizing agents in the textile application as sizing agents has the ability to strengthen the yarn and imparts abrasion resistance. The demand for sizing agents in the textile & fiber segment will witness upward growth as it acts as a protective glaze on the substrate and helps in the absorption characteristic of the fiber.
APAC is projected to be the largest sizing agents market.
The sizing agents market in APAC is projected to register the highest CAGR between 2018 and 2023. Growing population, urbanization, and many other factors of the developing nations have led to the increased demand for sizing agents in various industries in the region. The region's strong industrial base and the growing middle-class population have driven the demand for a variety of textiles such as technical textiles, home textiles, and apparel.
lso, there is rising awareness regarding the effective and durable paper-based packaging solutions. The growth of the paper and paperboard market in the region is mainly attributed to the shift of pulp and paper production facilities in the region from North America and Europe. Favorable government policies and the availability of cheap labor in countries such as China, India, Bangladesh, and Indonesia, are further strengthening the sizing agents market in this region.
Some of the key companies profiled in this report such as BASF (Germany), Aries Chemical (US), Pulcra Chemicals (Germany), Kemira OYJ (Finland), Solenis (US), Omnova Solutions (US), Buckman (US), Seiko PMC Corporation (Japan), and Evonik (Germany). These are the leading sizing agent manufacturers, globally.
Key Topics Covered:
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Segmentation
1.4 Currency
1.5 Unit Considered
1.6 Stakeholders
2 Research Methodology
2.1 Research Data
2.2 Market Size Estimation
2.3 Data Triangulation
2.4 Assumptions and Limitations
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the Sizing Agents Market
4.2 Sizing Agents Market Growth, By Region
4.3 APAC: Sizing Agents Market, By Application and Country
4.4 Sizing Agents Market, By Application
4.5 Sizing Agents Market, By Major Countries
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Demand for Sizing Agents Due to Wide Industrial Application
5.2.2 Restraints
5.2.2.1 Environmental Concerns
5.2.3 Challenges
5.2.3.1 Fluctuating Prices of Raw Materials and Cyclic Nature of the Textile Industry
5.3 Porter's Five Forces Analysis
5.4 Macroeconomic Overview
5.4.1 Trends and Forecast of GDP
5.4.2 Textiles and Clothing Export, By Country
6 Sizing Agents Market, By Type
6.1 Introduction
6.2 Natural Sizing Agents
6.2.1 Starch
6.2.1.1 Textile Industry to Drive the Demand During the Forecast Period
6.2.2 Rosin
6.2.2.1 Increased Used in Paper & Paperboard Application to Drive the Demand
6.2.3 Others
6.3 Synthetic Sizing Agents
6.3.1 Polyvinyl Alcohol
6.3.1.1 Increased Demand in Textile Industry and Improved Efficiency in Its Properties to Drive the Market
6.3.2 Styrene
6.3.2.1 Increased Demand for Paperboard Packaging to Drive the Demand
6.3.3 Others
7 Sizing Agents Market, By Application
7.1 Introduction
7.2 Paper & Paperboard
7.2.1 High Water Repellency of Sizing Agents to Drive Its Demand in the Paper& Paperboard Application
7.3 Textile & Fiber
7.3.1 Reduction in Breakage of Yarn to Drive the Demand for Sizing Agents in the Textile & Fiber Application
7.4 Others
7.4.1 Increased Demand in Glass Fibers and Cosmetics to Drive the Market for Sizing Agents During the Forecast Period
8 Sizing Agents Market, By Region
8.1 Introduction
8.2 North America
8.2.1 US
8.2.1.1 Technological Advancements in the Textile Industry are Expected to Drive the Market for Sizing Agents in the US
8.2.2 Canada
8.2.2.1 High Living Standards and Increasing E-Commerce Industry in Canada are Boosting the Sizing Agents Market
8.2.3 Mexico
8.2.3.1 Improving Paper Industry and Low Labor Costs Drive the Market of Sizing Agents
8.3 Europe
8.3.1 Germany
8.3.1.1 Rapid Growth of the Textile & Clothing Industry to Drive the Sizing Agents Market
8.3.2 France
8.3.2.1 Growth in the Textile Industry to Drive the Sizing Agents Market
8.3.3 UK
8.3.3.1 Technological Advancement in Textile Manufacturing to Drive the Sizing Agents Market
8.3.4 Italy
8.3.4.1 Promotion of Branded Fabrics and an Increase in the Production of Papers to Drive the Demand for Sizing Agents
8.3.5 Turkey
8.3.5.1 Growing Investment in Technology and Innovation to Drive the Sizing Agents Market
8.3.6 Spain
8.3.6.1 Incorporation on New Textile Manufacturing Industries has Helped the Growth of the Sizing Agents Market
8.3.7 Rest of Europe
8.4 APAC
8.4.1 China
8.4.1.1 Structural Changes in the Textile and Apparel Industry and Rising Demand for Paper and Paperboard Products to Drive the Market
8.4.2 Bangladesh
8.4.2.1 Availability of Cheap Labor and Increase in Exports of Garments to Boost the Growth of the Sizing Agents Market
8.4.3 India
8.4.3.1 100% Fdi in the Textile Industry and Easy Availability of Cheap Labor to Drive the Market for Sizing Agents in India
8.4.4 Indonesia
8.4.4.1 Increase in Textile & Apparel Export and Expansion of Paper & Pulp Production Mill to Drive the Demand for Sizing Agents
8.4.5 Rest of APAC
8.5 Middle East & Africa
8.5.1 Saudi Arabia
8.5.1.1 Rising Population and Improved Government Spending to Boost the Sizing Agents Market Growth
8.5.2 South Africa
8.5.2.1 Significant Technological Change in the Textile Industry and Emerging Paper Industry Will Drive the Sizing Agents Market
8.5.3 UAE
8.5.3.1 Large Presence of Textile and Paper Manufacturing Facilities Drives the Market of Sizing Agents
8.5.4 Rest of Middle East & Africa
8.5.4.1 Rising Industrial Activities Expected to Drive the Market for Sizing Agents
8.6 South America
8.6.1 Brazil
8.6.1.1 Rapid Growth of the Paper & Paperboard Industry to Drive the Sizing Agents Market
8.6.2 Argentina
8.6.2.1 Textile & Fiber Application of Sizing Agents to Grow at A High Rate in Argentina
8.6.3 Rest of South America
9 Competitive Landscape
9.1 Introduction
9.2 Market Ranking of Key Players
9.3 Competitive Scenario
9.3.1 Expansion
10 Company Profiles
10.1 Kemira Oyj
10.2 Solenis
10.3 BASF
10.4 Omnova Solutions
10.5 Buckman
10.6 Pulcra Chemicals
10.7 Evonik Industries
10.8 Seiko PMC Corporation
10.9 Bodo Moller Chemie
10.10 Aries Chemical
10.11 Other Companies
10.11.1 Indokem
10.11.2 Mizobata Chemical
10.11.3 Nalco Water
10.11.4 CP Kelco
10.11.5 Jai Aravali Industries
10.11.6 Polyscope Polymers Bv
10.11.7 Harima Chemicals
10.11.8 Avebe
10.11.9 Rhea Chemicals
For more information about this report visit https://www.researchandmarkets.com/research/4kxhgd/sizing_agents?w=5
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