United States Textile Chemicals Market Forecast and Opportunities 2015-2020: Nano Technology to Influence the USD2.6 Billion Industry

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May 28, 2015, 08:19 ET

DUBLIN, May 27, 2015 /PRNewswire/ -- Research and Markets(http://www.researchandmarkets.com/research/khmmbh/united_states) has announced the addition of the "United States Textile Chemicals Market Forecast and Opportunities, 2020" report to their offering.

The United States market for textile chemicals is projected to surpass USD2.6 billion by 2020

Presently, home textiles segment accounts for the largest share in the country's textile chemicals market, followed by technical textiles and apparels. Introduction of new technical textile products and rapidly rising awareness about the benefits of using technical textiles in work places is expected to drive the market through 2020. Accounting for over three-fourths of the overall textile chemical sales in the country, Northeast and Southeast regions are expected to continue their dominance over the next five years.

Textile chemicals are used to impart desired properties such as strength, color, flame protection, etc. to fabric. These chemicals are broadly divided in two categories: auxiliaries and colorants. Textile auxiliaries are the chemicals used during each and every step of textile manufacturing process so as to provide certain characteristics to fabric, whereas colorants are used to impart color to the textile products. Since 1990, the consumption of domestically manufactured textile products in the United States has been declining owing to the increase in imports of cheaper products from China, Canada and Vietnam.

However, during the forecast period, it is expected that the United States textile industry would recover due to rising labor cost outside the US, which would eventually lead to shrinking of textile imports into the US. In addition, growing preference of the consumers towards superior quality textile products manufactured in the domestic market is expected to have a positive impact on the consumption of textile chemicals over the next five years.

United States Textile Chemicals Market Forecast & Opportunities, 2020 report elaborates following aspects of textile chemicals market in the United States:

Dependency on Imports
Innovative Products
Eco-Friendly Textile Production
Fluctuating Per Capita Fiber Consumption
Nano Technology

Key Topics Covered:

1. Research Methodology

2. Analyst View

3. Textile Chemicals: Product Overview

4. United States Textile Chemicals Market Outlook

5. United States Textile Auxiliaries Market Outlook

6. United States Textile Colorants Market Outlook

7. Trade Dynamics

8. Market Dynamics

9. Trends & Developments

10. Policy and Regulatory Landscape

11. United States Economic Profile

12. Competitive Landscape