Denim finishing is a chemical process used to enhance the appeal of fabrics by giving them an aesthetic finish. Denim washing comes in a variety of wash effects such as seam puckering, faded color with or without patches, crinkles, de-pilling among others. The entire process uses different garment washing chemical agents such as anti-back staining agents, enzymes, softeners, resins, bleaching agents, defoamers, crush resistant agents, and others. Different chemicals are used for different purposes, for instance, enzymes help degrade hard starch on fabric, softeners give a smooth finish to it, and bleaching chemicals help obtain desired color fading.
Enzymes to Witness the Strongest Demand
Enzymes to Witness the Strongest Demand
Softeners was the dominant denim finishing agents in 2016. The product is predicted to witness healthy growth rate in the years to come owing to steady rise in demand. Softeners are available in different types such as anionic, nonionic, silicone-based, reactive, and cationic softeners. Anti-back staining agents was the second largest product segment that in terms of demand.
Demand for enzymes in denim washing process is projected to increase at the maximum pace over the next few years. Enzymes reduce the overall processing time and energy and chemical consumption. This factor is expected to propel popularity of these products in the forthcoming 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. It is anticipated to expand at a healthy CAGR 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, and other products has fuelled the production of such finishing chemicals. Furthermore, high demand for trendy finishes from apparels sector due to increased fashion sense and awareness among consumers is also projected to augment demand over the forecast period (2018 to 2025).
The Seydel Companies; BASF SE; Garmon Chemicals; and Huntsman Corp. are some of the key companies in the global market for denim finishing agents. Most players focus on R&D to innovate newer products and M&A activities to hold the market position. For instance, 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 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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