Textile chemicals industry to boom, says report

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NEW YORK – Population growth, rising disposable income in developing countries and the onward march of the global clothing industry will ensure that apparel becomes the fastest growing application segment of the global textile chemicals market in the next few years according to a new report. The Asia Pacific currently dominates the global textile chemicals market and accounted for more than 50 per cent of the total market volume in 2013.

NEW YORK – Population growth, rising disposable income in developing countries and the onward march of the global clothing industry will ensure that apparel becomes the fastest growing application segment of the global textile chemicals market in the next few years according to a new report. The Asia Pacific currently dominates the global textile chemicals market and accounted for more than 50 per cent of the total market volume in 2013.

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