The Chemical Auxiliary Agents Global Market Report 2023, provides comprehensive information on the chemical auxiliary agents market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global chemical auxiliary agents’ market is expected to grow from $26.24 billion in 2022 to $28.7 billion in 2023 at a compound annual growth rate (CAGR) of 9.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The chemical auxiliary agents’ market is expected to reach $39.66 billion in 2027 at a CAGR of 8.4%.
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Product innovation has emerged as a key trend gaining popularity in the chemical auxiliary agent market. Major companies operating in the chemical auxiliary agent market are concentrating on creating innovative products to strengthen their position in the market. For instance, in June 2022, Cosmo Specialty Chemicals, an India-based specialty chemical manufacturer, launched Silky SF, a cationic softener. Silky SF softener is advised as a finishing agent for all types of fabric, mainly cotton, since it gives the cloth a smoother surface. The fabric’s physical texture is given a supple, fluffy, soapy, and voluminous surface when used as a finishing treatment. This finishing chemical can be applied using an exhaust and pad technique to boost the fabric’s lubricity.
The chemical auxiliary agents market is segmented:
1) By Agent: Dispersing Agents, Separation Agents, Solvents
2) By Application: Technical Textiles, Home Furnishings, Apparel
3) By Industry: Construction, Paint, Paper, Textile, Other Industries
Major Players:
- BASF SE,
- The Dow Chemical Company
- Sumitomo Chemical Co. Ltd.
- Evonik Industries AG
- Covestro AG
Asia-Pacific was the largest region in the chemical auxiliary agents market in 2022.
The table of contents in TBRC’s chemical auxiliary agents market report includes:
1. Executive Summary
2. Chemical Auxiliary Agents Market Characteristics
3. Chemical Auxiliary Agents Market Trends And Strategies
4. Chemical Auxiliary Agents Market – Macro Economic Scenario
5. Global Chemical Auxiliary Agents Market Size and Growth
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32. Global Chemical Auxiliary Agents Market Competitive Benchmarking
33. Global Chemical Auxiliary Agents Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Chemical Auxiliary Agents Market
35. Chemical Auxiliary Agents Market Future Outlook and Potential Analysis
36. Appendix
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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