According to TechSci Research report, “Sizing Agents Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the Global Sizing Agents Market stood at USD3.86 billion in 2022 and is anticipated to grow with a CAGR of 4.28% in the forecast period, 2023-2028. The initiatives taken by government based on sizing agents has led to favorable market conditions for the Global Sizing Agents Market. Several factors contribute to the growth of various sizing agents Market products. Governments globally are increasingly pushing for more sustainable practices across various industries, including textile and paper manufacturing. These industries heavily rely on sizing agents, which play a crucial role in improving the performance and quality of the end products. For instance, there is a growing demand for sustainable textiles driven by consumer awareness and government initiatives. The focus is not only on achieving sustainability but also on enhancing the performance of textiles. This shift in demand has prompted manufacturers to explore alternative sizing agents that are both eco-friendly and offer improved functionality. In line with these sustainability efforts, governments are encouraging the use of natural sizing agents due to their lower environmental impact compared to synthetic counterparts. Natural sizing agents, derived from renewable sources, offer a greener and more sustainable solution without compromising on performance. As a result, the natural sizing agents market is expected to witness substantial growth as manufacturers and consumers alike embrace more sustainable practices and prioritize eco-friendly alternatives. This shift towards natural sizing agents aligns with the broader global movement towards a greener and more sustainable future.
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Research and development (R&D) play a vital role in driving the growth of the sizing agents market. Continuous R&D activities are focused on enhancing the functionalities and performance of sizing and thickening agents. These efforts aim to develop innovative products that cater to the evolving needs of industries such as textiles, paper, food & beverage, and others. Notably, the textile industry is experiencing an increased demand for high-performance fabrics, thereby driving the requirement for advanced sizing agents. The Global Sizing Agents Market is segmented into type, application, regional distribution, and company. Based on its type, the synthetic segment held the largest share in the market. Synthetic agents are playing an increasingly significant role in various applications, including textile and fiber industries, as well as paper and paperboard production. In particular, the segment of synthetic sizing agents is expected to witness significant expansion during the forecast period. This growth can be primarily attributed to the rising demand for synthetic sizing agents like styrene and polyvinyl alcohol. These agents are sought after due to their ability to enhance the durability and aesthetics of paper and technical textiles. As customers increasingly prioritize the longevity and visual appeal of these materials, the demand for sizing agents is expected to remain strong throughout the forecast timeframe. Based on region, Asia Pacific segment is expected to grow during the forecast period.
The demand in the area is significantly high due to the presence and continuous development of various end-use applications for the product. The shifting of manufacturing plants from North America and Europe to the Asia-Pacific (APAC) region has played a pivotal role in driving the growth of the sizing agents market during the forecast period. This relocation of manufacturing facilities has not only brought about cost advantages but has also facilitated easier access to raw materials and a skilled labor force, further fueling the market expansion. As a result, the sizing agents market is expected to witness substantial growth and opportunities in the coming years.
Major companies operating in Global Sizing Agents Market are:
- BASF SE
- Pulcra Chemicals GmbH
- Kemira OY
- Solenis LLC
- Buckman Laboratories International, Inc.
- Seiko PMC Corporation
- Evonik Corporation
- Avebe UA.
- Harima Chemicals Group, Inc.
- Indokem Ltd.
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“Growing application of sizing agents in various end user industries are key drivers of the sizing agents market. Growth in competitive landscape and presence of well-established companies in the market who are dedicated to enhance their productivity of sizing agents with every passing year are anticipated to register an impressive growth to Global Sizing Agents Market in the forecast period.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.
“Sizing Agents Market By Type (Natural, Synthetic), By Application (Textile, Paper & Paperboard, Cosmetics, Food & Beverage, Others), By Region, By Competition Forecast & Opportunities, 2018-2028F”, has evaluated the future growth potential of Global Sizing Agents Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Sizing Agents Market.
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