Product Code: ETC4478005 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India sizing agents market import shipments experienced a notable decline over the period of 2020-2024, with a CAGR of -22.2%. The growth rate between 2023 and 2024 further decreased by -42.4%, indicating a significant contraction in market activity. The market exhibited a clear trend of contraction and slowdown during this period.
Sizing agents are crucial in the textile industry for improving the weaving and finishing processes. In India, the textile sector is a significant contributor to the economy. The sizing agents market is essential to ensure the quality and durability of textiles, which are in high demand both domestically and internationally.
The India sizing agents market is primarily driven by the growing textile industry in the country. Sizing agents are crucial in textile manufacturing, and as the demand for textiles, especially in the form of clothing and home furnishings, continues to rise, so does the need for sizing agents. The India textile industry is also experiencing a boost from increasing disposable incomes, a rising middle class, and a growing population, which further drives the demand for sizing agents. Additionally, technological advancements and a focus on eco-friendly and sustainable sizing agents are influencing market growth as environmental regulations become more stringent.
The sizing agents market in India faces several challenges, including increased environmental regulations and the need for sustainable and eco-friendly sizing agents. The demand for eco-friendly products and the pressure to reduce the environmental footprint in the textile industry have led to a shift in consumer preferences. Sizing agents that meet these requirements often come with higher production costs. Additionally, competition from global players and fluctuations in raw material prices pose challenges for local sizing agent manufacturers, making it crucial to maintain cost competitiveness while ensuring product quality.
The India sizing agents market, which plays a critical role in the textile and paper industries, faced significant challenges due to the COVID-19 pandemic. With the widespread disruption of supply chains and the closure of manufacturing units during lockdowns, the market experienced a decline in demand. The textile sector, in particular, was severely affected, as many textile mills were forced to shut down temporarily. However, with the gradual reopening of the economy and a shift in consumer behavior towards more online shopping, there has been a slow but steady recovery in the sizing agents market.
Major players in India sizing agents market, including companies such as Visen Industries Limited, Fineotex Chemical Limited, and Texon Yarns Limited, are renowned for providing a range of sizing agents crucial in textile and paper industries for improving strength and handling properties of fibers and yarns.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Sizing Agents Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Sizing Agents Market Revenues & Volume, 2021 & 2031F |
3.3 India Sizing Agents Market - Industry Life Cycle |
3.4 India Sizing Agents Market - Porter's Five Forces |
3.5 India Sizing Agents Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Sizing Agents Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Sizing Agents Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for textile and apparel industry in India |
4.2.2 Increasing focus on quality control and product consistency |
4.2.3 Rising awareness about sustainable and eco-friendly sizing agents |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials |
4.3.2 Stringent regulatory requirements for chemical usage in textile processing |
4.3.3 Competition from alternative sizing technologies |
5 India Sizing Agents Market Trends |
6 India Sizing Agents Market, By Types |
6.1 India Sizing Agents Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Sizing Agents Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Sizing Agents Market Revenues & Volume, By Natural , 2021-2031F |
6.1.4 India Sizing Agents Market Revenues & Volume, By Synthetic, 2021-2031F |
6.2 India Sizing Agents Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Sizing Agents Market Revenues & Volume, By Textile & Fiber, 2021-2031F |
6.2.3 India Sizing Agents Market Revenues & Volume, By Paper & Paperboard, 2021-2031F |
6.2.4 India Sizing Agents Market Revenues & Volume, By Cosmetics, 2021-2031F |
6.2.5 India Sizing Agents Market Revenues & Volume, By Food & Beverage, 2021-2031F |
7 India Sizing Agents Market Import-Export Trade Statistics |
7.1 India Sizing Agents Market Export to Major Countries |
7.2 India Sizing Agents Market Imports from Major Countries |
8 India Sizing Agents Market Key Performance Indicators |
8.1 Percentage of textile and apparel manufacturers using sizing agents in their production process |
8.2 Adoption rate of sustainable sizing agents in the market |
8.3 Number of research and development initiatives focused on improving sizing agent technologies |
8.4 Percentage of textiles processed with sizing agents that meet quality standards |
8.5 Customer satisfaction levels with sizing agent performance in textile processing |
9 India Sizing Agents Market - Opportunity Assessment |
9.1 India Sizing Agents Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Sizing Agents Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Sizing Agents Market - Competitive Landscape |
10.1 India Sizing Agents Market Revenue Share, By Companies, 2024 |
10.2 India Sizing Agents Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |