Sizing Agents Market Overview:
The Sizing Agents Market analysis provides a full insight into the competition, including the market share and company profiles of the key worldwide rivals. The scope of the research covers a thorough investigation of the Sizing Agents Market, as well as the causes for variances in the industry's growth in different regions.
The Sizing Agents Market was valued at US$ 3.33 Bn in 2021 and is expected to reach US$ 5.12 Bn by 2029, at a CAGR of 5.5 % during a forecast period.
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Market Scope:
Following the completion of market engineering, which comprised market statistics calculations, estimations of market size, market projections, market breakdown, and data triangulation, major primary research was conducted to obtain information and verify and validate critical numbers. Top-down and bottom-up strategies, as well as several data triangulation procedures, were often used throughout the market engineering process to perform market estimating and forecasting for the overall market segments and sub-segments discussed in this research. In order to give vital information throughout the report, extensive qualitative and quantitative analysis is done on all data gathered throughout the market engineering process.
Segmentation:
Based on type, synthetic segment is expected to be the largest contributor to the sizing agents market during the tenure. Synthetic agents are increasingly consumed in various applications such as textile fiber and paper paperboard applications. The synthetic sizing agents segment is likely to expand during forecast period primarily attributed to the demand for synthetic sizing agents such as styrene and polyvinyl alcohol. The growing customer need for durability and aesthetics of paper and technical textiles is expected to create demand for sizing agents during the forecast timeframe.
In terms of application, textile fiber segment is expected to hold a largest shares of the sizing agents market during the forecast period. Moreover, the several physical properties possessed by sizing agents help in strengthening of the yarn and impart abrasion resistance. The demand for sizing agents has increased due to the huge textile production capacity and strong demand for textile and clothing. Furthermore, expansion of automotive, aerospace, and medical industries and shift from the traditional low-value textile to high-value textile products also support the growth of the sizing agents market.
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Key Players:
Primary and secondary research is used to identify market leaders, and primary and secondary research are used to calculate market revenue. In-depth interviews with important thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives were conducted as part of the primary study. Primary research comprised in-depth interviews with key thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives, while secondary research included a review of the main manufacturers' annual and financial reports. Secondary data is used to determine percentage splits, market shares, growth rates, and worldwide market breakdowns, which are then cross-checked with primary data.
• The biggest players in the Sizing Agents Market are as follows:
• BASF
• Aries Chemical
• Pulcra Chemicals
• Kemira OY
• Solenis
• OBnova Solutions
• Buckman Laboratories
• Seiko PMC Corporation
• Evonik
• Bodo Moller Chemie
• Avebe
• CP Kelco
• Harima Chemicals Group, Inc.
• Indokem Ltd.
• Jai Aravali Industries
• Mizobata Chemical, Inc.
• Ecolab
• OMNOVA Solutions Inc.
• Polyscope Polymers BV
Regional Analysis:
Individual market influencing components and changes in market regulations affecting the present and future market trends are also included in the regional overview of the Sizing Agents Market analysis. Current and future trends are researched in order to assess the entire market potential and identify profitable patterns in order to get a stronger foothold. The geographical market assessment is based on the present environment and expected developments.
COVID-19 Impact Analysis on Sizing Agents Market:
End-user industries where Sizing Agents Market is utilized saw a dip in growth from January 2020 to May 2020 in a number of countries, including China, Italy, Germany, the United Kingdom, the United States, Spain, France, and India, due to a pause in operations. This resulted in a significant decrease in the revenues of businesses working in these industries and, as a result, in demand for Sizing Agents Market manufacturers, influencing the development of the Sizing Agents Market in 2020. End-user business demand for Sizing Agents Market has declined significantly as a result of lockdowns and an increase in COVID-19 events worldwide.
Key Questions Answered in the Sizing Agents Market Report are:
In 2021, which segment held the highest proportion of the Sizing Agents Market?
What is the Sizing Agents Market's competitive landscape?
What are the primary drivers assisting the Sizing Agents Market growth?
Which region has the most market share in the Sizing Agents Market?
What will be the Sizing Agents Market's CAGR throughout the projected period?
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