Denim finishing is a chemical process that is used to enhance the appeal of the fabric by giving an aesthetic finish to it. Denim washing comes in a variety of wash effects such as seam puckering, faded color with or without patches, crinkles, de-pilling, and many others. The entire process includes the usage of different garment washing chemical agents such as anti-back staining agents, enzymes, softeners, resins, bleaching agents, defoamers, crush resistant agents, and others. All these chemicals are used for different purposes, for instance, enzymes help degrade hard starch on the fabric, softeners give a smooth finish to it, and bleaching chemicals help obtain desired color fading patterns and designs.
Enzymes to Witness the Fastest Demand
Softeners segment was the dominant denim finishing agents product segment in 2016 with revenue worth $ 247.7 million. The segment is predicted to further expand at a healthy growth rate of 9.1 % during the forecast period (from 2017 to 2025). Softeners are available in different types such as anionic, nonionic, silicone-based, reactive, and cationic softeners. Anti-back staining agents segment was the second largest product segment that accounted for 18 % of the overall revenue.
The demand for enzymes in the denim washing process is projected to increase at the maximum growth rate over the next few years. Enzymes support the reduction of overall process time energy and chemical consumption, which is expected to propel the segment growth over the coming years. Key enzymes used for denim finishing include cellulase, laccases, and amylase.
Market Overview
The global denim finishing agents market is expected to reach at USD 2.21 billion by 2025 growing at a CAGR of 7.8 % during the forecast years; says a report by Grand View Research, Inc. Growing usage of specialty formulations for the production of innovative denim products including jeans, bags, etc. has fuelled the finishing chemicals production. Furthermore, high demand for trendy finishes from the apparels sector due to increased fashion sense and awareness among people is also said to augment the product demands.
The Seydel Companies; BASF SE; Garmon Chemicals; and Huntsman Corp. are some of the key companies in the global market. These players focus on R&D to innovate newer products and M&A activities to hold the market position. The Textile Effects segment of Huntsman and Jihua Group recently entered a strategic partnership to improve their supply chains to fulfil consumer demands and improve cost-efficiency. The two companies signed a partnership to cooperate in different areas and jointly capitalize on the constantly increasing need for dye and chemical solutions in the Chinese textile industry.
In-Depth Research Report On Denim Finishing Agents Market:
https://www.grandviewresearch.com/industry-analysis/denim-finishing-agents-market
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