The global Textile Chemicals Market size is expected to reach $38.66 Bn in 2030 and register revenue CAGR of 4.3 percent over the forecast period, according to the latest report by Reports and Data. The key factors driving global textile chemicals market revenue growth are rising global population and increasing demand for apparel in various textures and designs. Global apparel sales are also being influenced positively by rising influence of social media and significant shift in consumer preference for foreign textile brands. Moreover, green or bio-based chemicals, which are made from renewable resources, are providing market players with lucrative growth opportunities as these green chemicals are non-flammable and biodegradable with low toxicity. In addition, a surge in demand for textile chemicals used in the production of automobile fabrics such as headliners, seat belts, and seat fabric is fueling demand for textile chemicals.

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