Sizing Agents Market - Forecast(2023 - 2028)

Report Code: CMR 91045 Report Format: PDF + Excel

Sizing Agents Market Overview

The sizing agents market size is forecast to reach US$4.8 billion by 2027 after growing at a CAGR of 5.1% during 2022-2027. A wide range of sizing agents such as starch, maleic anhydride, carboxylic or carboxyl group sizing agents, among others are extensively used in various industries. Sizing agents are massively used in the textile industry as it offers superior protection to yarns such as linen, cotton, and polyesters and also imparts abrasion resistance. The textile industry is expanding higher investment and production of textiles and this will drive the growth of the market in the forecast period. For instance, as per the February 2021 report by the Confederation of Indian Textile Industry (CITI), the Indian Government announced the plan to set up seven mega textile parks under the Mega Investment Textiles Parks Scheme in the next three years. Furthermore, sizing agents find their uses in the paper industry for manufacturing paper with reduced water absorptivity and increasing the printability of paper. The paper industry is booming with factors like increasing production of paper and rising demand for paper packaging and this will drive the growth of the market in the forecast period. For instance, as per the statistics by the Indian Paper Manufacturers Association (IPMA), exports of paper, paperboard, and newsprint in 2020-21 were 2191 thousand tonnes which were 1662 thousand tonnes during 2019-20. The environmental regulations regarding synthetic sizing might affect the growth of the market in the forecast period.

COVID-19 Impact

The sizing agents market was negatively affected due to the COVID-19 pandemic. Challenges such as disruption in supply chains, lack of raw materials, and idling of factories surfaced amid the pandemic which downgrade the growth of the market. Market players faced loss due to the severity of the pandemic. As per the 2021 interim report by Kemira Oyj, the company’s pulp and paper segment revenue declined by 2%. However, the sizing market witnessed decent growth towards the last quarter of 2020 with the production of paper and textiles increasing globally. Going forward, the market is projected to gain significant growth in the forecast period owing to the increasing demand for sizing solutions from several end-use industries.

Sizing Agents Market Report Coverage

The report: Sizing Agents Market Forecast (2022-2027)”, by IndustryARC, covers an in-depth analysis of the following segments of the Sizing Agents Industry. 

By Type: Natural, Starch and Starch Derivatives, Carboxymethyl Cellulose, Methyl Cellulose, Hydroxyethyl Cellulose, Chitosan, Acryloyl, Synthetic, Polyvinyl Alcohols, Polyacrylates, Modified Polyesters, Maleic Acid Copolymers, Others
By End Use Industry: Textile, Paper, Agriculture, Industrial, Food and Beverages, Pharmaceuticals, Paints and Coatings, Cosmetics, Electronics, Others
By Geography: North America (USA, Canada, Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Russia, Belgium, Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia, and New Zealand, Indonesia, Taiwan, Malaysia, Rest of Asia Pacific), South America (Brazil, Argentina, Colombia and Rest of South America), and RoW (Middle East and Africa).

Key Takeaways:

  • The natural segment is leading the sizing agents market. Natural sizing agents such as starch and its derivatives help in the manufacturing of high-performance textiles in an eco-friendly way, making them the desirable option in the market.
  • The textile industry will drive the growth of the market in the forecast period. As per the data by SelectUSA.gov, the US fashion apparel sector is expected to become a $400 billion market by 2025.
  • The Asia Pacific region will witness the highest demand for sizing agents in the forecast period. As per the September 2020 report by fashionabc.org, China was the largest exporter of textiles in 2019, and the value of exports accounted for US$ 119.6 billion.

Figure: Asia Pacific Sizing Agents Market Revenue, 2021-2027 (US$ Billion)

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Sizing Agents Market - By Type

The natural sizing agents segment dominated the sizing agents market in 2021 and is growing at a CAGR of 5.4% in the forecast period. The high demand for natural sizing agents is attributed to their superior environment-friendly properties. These sizing agents are finding their wide use in several end-use industries such as textile, paper, and cosmetics owing to their environmental contribution. Market players and research organizations are focusing on the higher uses of these sizing agents owing to their excellent properties. For instance, as per the May 2020 journal by Multidisciplinary Digital Publishing Institute, corn starch was used as a sizing agent in cotton yarn. The journal also states that corn starch improved physical-mechanical yarn properties. Such implementation of natural sizing agents will increase their demand in the forecast period. Synthetic sizing agents such as maleic anhydride, modified polyesters, and carboxylic group sizing agents will witness significant demand in the forecast period.

Sizing Agents Market - By End Use Industry

The textiles industry dominated the sizing agents market in 2021 and is growing at a CAGR of 5.7% in the forecast period. Sizing agents are deeply associated with the textile industry as they help in providing excellent protection to several yarns and prevent their breakage during weaving, ultimately reducing the machinery downtime. The demand for textile is increasing globally and this will increase the demand for sizing agents. For instance, as per the February 2021 report by The Cotton Textiles Export Promotion Council (TEXPROCIL), Paraguay’s Ministry of Industry and Commerce announced the plan to invest $1.1 million in the manufacturing sector, mainly benefiting the textiles, clothing, and footwear industries, among other sectors regarding assembly operations. Similarly, as per the November 2021 US Export Markets report by trade.gov, textile and apparel imports received by Spain and Germany in September 2021 accounted for US$ 255582 thousand dollars and US$ 45471 thousand dollars respectively which were US$ 235650 thousand dollars and 3US$ 5827 thousand dollars in the same month in the previous year. Such massive production and export of textiles globally will stimulate the need for sizing agents which will drive the growth of the market in the forecast period. The paper industry will witness significant demand for sizing agents in the forecast period.

Sizing Agents Market - By Geography

The Asia-Pacific held the largest market share in the sizing market in 2021 with a market share of up to 32%. The high demand for the sizing agents is attributed to the expanding textile industry in the region. Countries like China, India, and Japan are the world leader in the textile industry and much expansion is happening in the region’s textile sector. For instance, as per the April 2021 report by India Brand Equity Foundation, the Indian technical textiles market is projected to expand to US$ 23.3 billion by 2027. The Indian government is working on major initiatives to boost the technical textiles segment in the country. Similarly, as per the September 2020 report by fashionabc.org, in 2019, China accounted for 39.2% of global textile exports, which was a new record high. Such massive growth in the region’s textile industry will amplify the demand for sizing agents in the forecast period. The European region is projected to witness significant demand for sizing agents in the forecast period

Sizing Agents Market Drivers

The booming paper industry will drive the growth of the market

Sizing agents such as maleic anhydride, carboxylic group, among others are massively used in the paper industry for the manufacturing of paper as these agents come with the capability of lowering porosity and water absorptivity which ultimately enhances the printability of paper and the inks remain true on the surface of the paper. The paper industry is booming globally with increased production of paper and its uses in paper packaging. For instance, in June 2020, Amazon India replaced all single-use plastic with biodegradable paper in packaging across its fulfillment centres in the country. Similarly, in May 2020, US-based pulp and paper company International Paper donated 2 million corrugated boxes as the demand for food assistance increased due to the COVID-19 pandemic. Such increasing use of paper in the packaging process will increase the demand for sizing agents in the paper industry which will drive the growth of the market in the forecast period.

Expanding textile industry will drive the growth of the market

The textile industry is the largest consumer of sizing agents as these agents are implemented to help yarn withstand high mechanical stress during weaving and enhance the abrasive resistance of the yarns used in the textiles. The textile industry is witnessing huge expansion globally and this will contribute to the growth of the market. For instance, as per the April 2021 report by India Brand Equity Foundation, a new textile policy was launched by the Indian government which aims to achieve US$ 300 billion worth in textile export by 2024-25. Similarly, as per the December 2020 report by The Swedish School of Textiles, Brazil is witnessing increasing demand for textiles. In 2020, 68.4% of all imports of manufactured textile products in Brazil were of Chinese origin. Such high growth in the textiles industry will increase the higher implementation of sizing agents which will contribute to the growth of the market in the forecast period.

Sizing Agents Market Challenges

Strict environmental regulations regarding the use of synthetic sizing agents might affect the market’s growth

Sizing agents involve synthetic agents such as polyvinyl alcohols, polyacrylates, modified polyesters and the release of chemicals made of these agents into the environment has been a key issue in the market which might affect the growth of the market. Research organizations and governing bodies are strictly monitoring the harmful environmental effects of synthetic sizing agents. For instance, as per the October 2021 report by the United States Food and Drug Administration (FDA), the polyester resin can be only used as a surface sizing agent for the manufacturing of paper and paperboard with a use limit not to exceed 0.1% by weight of finished dry paper and paperboard. Similarly, as per the May 2019 journal by IWA Publishing, polyvinyl alcohol is the main pollutant in printing with poor biodegradability. The environmental effect of these synthetic agents and the strict regulations might affect the market’s growth in the forecast period.

Sizing Agents Industry Outlook

Investment in R&D activities, acquisitions, product and technology launches are key strategies adopted by players in this market. Sizing Agents  top 10 companies include: 

  1. Kemira
  2. Aries Chemicals
  3. BASF
  4. Pulcra Chemicals
  5. Solenis
  6. Omnova Solutions
  7. Buckman Laboratories
  8. Seiko PMC Corporation
  9. Evonik
  10. Bodo Moller Chemie

Recent Developments

In September 2021, Kemira invested in a new production line alkenyl succinic anhydride sizing agent (ASA) in China for the paper and board industry. Such investments will expand the sizing agents market in the forecast period.

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1. Sizing Agents Market- Market Overview
    1.1 Definitions and Scope
2. Sizing Agents Market- Executive Summary
    2.1 Key Trends by Type
    2.2 Key Trends by End Use Industry
    2.3 Key Trends by Geography
3. Sizing Agents Market- Comparative analysis
    3.1 Market Share Analysis- Major Companies
    3.2 Product Benchmarking- Major Companies
    3.3 Top 5 Financials Analysis
    3.4 Patent Analysis- Major Companies
    3.5 Pricing Analysis (ASPs will be provided)
4. Sizing Agents Market- Startup companies Scenario Premium Premium 
    4.1 Major startup company analysis:
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Product portfolio
        4.1.4 Venture Capital and Funding Scenario
5. Sizing Agents Market– Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Successful Venture Profiles
    5.4 Customer Analysis - Major companies
6. Sizing Agents Market- Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porters five force model
    6.3.1 Bargaining power of suppliers
    6.3.2 Bargaining powers of customers
    6.3.3 Threat of new entrants
    6.3.4 Competitive Rivalry
    6.3.5 Threat of substitutes
7. Sizing Agents Market-Strategic analysis
    7.1 Value chain analysis
    7.2 Opportunities analysis
    7.3 Product/Market life cycle
    7.4 Distributors Analysis - Major Companies
8. Sizing Agents Market– By Type (Market Size -US$ Million, Billion)
    8.1 Natural
        8.1.1 Starch and Starch Derivatives
        8.1.2 Carboxymethyl Cellulose
        8.1.3 Methyl Cellulose
        8.1.4 Hydroxyethyl Cellulose
        8.1.5 Chitosan
        8.1.6 Acryloyl
        8.1.7 Others
    8.2 Synthetic
        8.2.1 Polyvinyl Alcohols
        8.2.2 Polyacrylates
        8.2.3 Modified Polyesters
        8.2.4 Maleic Acid Copolymers
        8.2.5 Others
9. Sizing Agents Market– By End Use Industry (Market Size -US$ Million, Billion)
    9.1 Textile
    9.2 Paper
    9.3 Agriculture
    9.4 Industrial
    9.5 Food and Beverages
    9.6 Pharmaceuticals
    9.7 Paints and Coatings
    9.8 Cosmetics
    9.9 Electronics
    9.10 Others
10. Sizing Agents Market - By Geography (Market Size -US$ Million / Billion)
    10.1 North America
        10.1.1 USA
        10.1.2 Canada
        10.1.3 Mexico
    10.2 Europe
        10.2.1 UK
        10.2.2 Germany
        10.2.3 France
        10.2.4 Italy
        10.2.5 Netherlands
        10.2.6 Spain
        10.2.7 Russia
        10.2.8 Belgium
        10.2.9 Rest of Europe
    10.3 Asia Pacific
        10.3.1 China
        10.3.2 Japan
        10.3.3 India
        10.3.4 South Korea
        10.3.5 Australia and New Zealand
        10.3.6 Indonesia
        10.3.7 Taiwan
        10.3.8 Malaysia
        10.3.9 Rest of Asia Pacific
    10.4 South America
        10.4.1 Brazil
        10.4.2 Argentina
        10.4.3 Colombia
        10.4.4 Chile
        10.4.5 Rest of South America
    10.5 ROW
        10.5.1 Middle East
            10.5.1.1 Saudi Arabia
            10.5.1.2 UAE
            10.5.1.3 Israel
            10.5.1.4 Rest of Middle East
        10.5.2 Africa
            10.5.2.1 South Africa
            10.5.2.2 Nigeria
            10.5.2.3 Rest of Africa
11. Sizing Agents Market-Entropy
    11.1 New Product Launches
    11.2 M&A’s, Collaborations, JVs and Partnerships
12. Sizing Agents Market-Industry/Segment Competition Landscape Premium
    12.1 Company Benchmarking Matrix- Major Companies
    12.2 Market Share at Global Level- Major companies
    12.3 Market Share by Key Region- Major companies
    12.4 Market Share by Key Country- Major companies
    12.5 Market Share by Key Application - Major companies
    12.6 Market Share by Key Product Type/Product category- Major companies
13. Sizing Agents Market- Key Company List by Country Premium Premium 
14. Sizing Agents Market Company Analysis- Business Overview, Product Portfolio, Financials, and Developments
    14.1 Company 1
    14.2 Company 2
    14.3 Company 3
    14.4 Company 4
    14.5 Company 5
    14.6 Company 6
    14.7 Company 7
    14.8 Company 8
    14.9 Company 9
    14.10 Company 10 and more
"*Financials would be provided on a best efforts basis for private companies"