A new report published by Allied Market Research, titled, “Textile Chemical Market- Global Opportunity Analysis and Industry Forecast, 2014-2022,” the global textile chemical market was valued at $21,770 million in 2015, and is expected to reach $27,560 million by 2022, registering a CAGR of 3.4% from 2016 to 2022.
The coating & sizing chemicals segment is expected to maintain its dominance, in terms of revenue generation, during the forecast period. The Asia-Pacific region held the leading position in the global market in 2015, and is expected to maintain its dominance throughout 2022.