North Asia Denim Process Chemicals Market - Forecast(2023 - 2028)
North Asia Denim Process Chemicals Market Overview
The North Asia Denim Process Chemicals Market size
is estimated to reach US$65.1 million by 2027, after growing at a CAGR of 5.7%
during the forecast period 2022-2027. Denim process chemicals are chemicals used in denim manufacturing such as yarn and weaving, dyeing, pre-treatment,
washing chemicals, finishing agents and others. The denim chemical processing
undertakes dehydration of the denim fabric, polycondensation, halogenations and
cellulose hydrolysis. The demand for denim fabrics is rapidly growing in the
clothing & apparel sectors, which act as a driving factor in the North Asia
denim process chemicals market. In addition, the rising preference for
bio-based and safe denim process chemicals to reduce water wastage and
pollution is fueling the growth scope for the North Asia denim process
chemicals industry. The covid-19 outbreak resulted in a major hamper for the North
Asia denim process chemicals market due to restricted clothing & apparel
manufacturing, supply chain disruption and other lockdown regulations. However,
a significant recovery in the textiles sector is boosting the demand for North
Asia denim process chemicals. Thus, the North Asia denim process chemicals
industry is anticipated to grow and contributes to the growing North Asia denim
process chemicals market size during the forecast period.
North Asia Denim Process Chemicals Market Report Coverage
The “North
Asia Denim Process Chemicals Market Report – Forecast (2022-2027)” by IndustryARC,
covers an in-depth analysis of the following segments in the North Asia Denim
Process Chemicals Market.
Key Takeaways
- Siberia dominates the North Asia Denim Process Chemicals Market, owing to the growing base for denim clothing & apparel and rapid urbanization, thereby propelling the growth of denim process chemicals in this region.
- The growing clothing & apparel sector is propelling the demand for denim process chemicals in North Asia for utilization in the process involving yarn, dyeing and finishing, following dehydration, detoxification and halogenation of denim surface; thereby contributing to the growing North Asia denim process chemicals market size.
- However, the hazardous impacts from toxic denim process chemicals act as a major challenge for the North Asia denim process chemicals industry.
Figure: North Asia Denim Process Chemicals Market Revenue Share, By Country, 2021 (%)
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North Asia Denim Process Chemicals Market Segment Analysis – by Pre-Treatment Chemicals
The desizing agents segment held the largest North
Asia Denim Process Chemicals Market share in 2021 and is projected to grow at
a CAGR of 5.6% during the forecast period 2022-2027. Desizing agents are
popular pre-treatment chemicals that make easier dyeing and softening process.
The desizing wet washing process in denim is done on the denim yarn as it
offers excellent strength and avoided yarn breakage, thereby having the fastest
growth in the pre-treatment denim process. In addition, the denim clothing and
home furnishing sector is flourishing, which is boosting the growth scope for
desizing agents for improving the denim strength, weaving efficiency and
reduction in yarn breakage. Thus, with a major utility in denim clothing and
wide utilization, the desizing agents segment is projected to grow rapidly in
the North Asia denim process chemicals market during the forecast period.
North Asia Denim Process Chemicals Market Segment Analysis – by Washing Chemicals
The enzymes segment held a significant North
Asia Denim Process Chemicals market share in 2021 and is expected to grow at
a CAGR of 5.9% during the forecast period 2022-2027. The enzymes are utilized
in the washing process in denim to produce comfortable, soft, luster and fade
effects on the denim. The enzymes have a strong effect on the cellulose
hydrolysis during enzyme wash and create a fade effect and increased back
staining. The process is comparatively cost-effective and degrades the harsh
starch present in denim fabrics. In addition, the adoption of sustainable denim
clothing in the textiles sector for clothing & apparel, home furnishings
and others is rising. With the flourishing demand for denim clothing and
manufacturing trends, the enzyme type in washing chemicals for denim
manufacturing is projected to rise, which, in turn, is anticipated to boost the
growth scope for the enzymes segment in the North Asia denim process chemicals
market during the forecast period.
North Asia Denim Process Chemicals Market Segment Analysis – by Country
Siberia held the largest North Asia Denim Process Chemicals Market share in 2021 up to 61%. The denim process chemicals have major utilization in denim manufacturing for further applications in garments, upholstery, apparel and others. The clothing & apparel sector is growing on account of factors such as rising demand for fashion clothing, e-commerce and rapid urbanization. For instance, Obuv Rossii Group, an owner of Russian fashion e-commerce reported growth of US$60.1 million in the first half of 2021, marking an increase of 11.7% year-on-year. The rise in the fashion clothing & apparel sector is fueling the consumption of denim process chemicals With the increase in fashion clothing & apparel, the demand for North Asia denim process chemicals for a wide range of applicability in fashion clothing, upholstery and others is growing, which, in turn, is anticipated to boost the growth of the denim process chemicals sector in the Siberia region during the forecast period.
North Asia Denim Process Chemicals Market Drivers
Bolstering Consumption of Denim Clothing &
Apparel Sector
:
The denim process chemicals have major
utilization in the denim clothing & apparel sector for various steps
involving pre-treatment, dyeing, bleaching, washing and others, along with
dehydration, halogenation, polycondensation, hydrolysis and others. The fashion
clothing and apparel industry is growing at a fast pace owing to factors such
as changing lifestyle trends, rising textile production, demand for denim
fashion and urbanization. The denim process chemicals are used in manufacturing
and processing of the denim fabric, pre-treatment, finishing and others. Thus,
with accelerating denim manufacturing and utilization as denim clothing, the
applicability of various denim process chemicals is growing, as a result of
which, the denim process chemicals industry is driving.
Growing Awareness for Bio-based Denim Chemicals:
The demand for bio-based and sustainable denim
processing is growing owing to the rising preference for controlling
environmental degradation arising from denim washing chemicals and others in
halogenation. The development of anti-bacterial and environment-safe denim
fabrics in clothing & apparel, home furnishing, decor, upholstery and
others is rising. With demand for sustainable denim yarn & fabrics, the
applicability of various safe and toxic-free denim process chemicals is rising,
which, in turn, is driving the North Asia denim process chemicals industry.
North Asia Denim Process Chemicals Market Challenge
Hazardous Environmental Impacts:
The denim process chemicals such as azo dyes, synthetic
indigo, potassium permanganate and others create major environmental hazards
such as air, soil and water pollution due to its large water disposal and
chemical emissions. The harmful
chemicals in denim processing lead to hazards such as water pollution and
wastewater pollution, greenhouse gas emissions and others. Moreover, the lack
of availability of bio-based and environment-friendly denim process chemicals
acts as a restraining factor. Thus, the applicability and growth scope for the
North Asia denim process chemicals industry faces a major slowdown.
North Asia Denim Process Chemicals Industry Outlook
Technology launches, acquisitions and R&D
activities are key strategies adopted by players in the North Asia Denim
Process Chemicals Market. The top 10 companies in North Asia Denim Process
Chemicals Market are:
- Synthesis Chemical Company
- Allnex
- EKOS
- Sibur Khimprom
- Evlox
- Kemin Industries
- Garmon Chemicals
- Grenia
- Technohim Jsc
- JSC Komitex
Relevant Reports
Report Code: CMR 1326
Report Code: CMR 13625
Report Code: CMR 78189
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