Denim Finishing Agents Market Cover

Global Denim Finishing Agents Market By Type (Enzymes, Resins, Softeners, Defoamers, Bleaching, Crush-Resistant, Anti-Back Staining, and Others), By End-users (SMEs, and Large Enterprises) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa)

  • Report ID: MC-14
  • Author: Growth Market Reports
  • Rating: 4.1
  • Total Reviews: 40
  • No. Of Pages: 214
  • Format:
  • Pub. Date: 2020-07-02
  • Share:

Market Outlook:

The global denim finishing agents market was valued at USD 1,469.3 Million in 2019 and is projected to reach USD 2,263.1 Million by 2027 expanding at a CAGR of 6.7% during the forecast period, 2020-2027. Denim fabrics are widely recognized for their durability and appearance. The performance and appearance of denim materials largely rely on an appropriate finishing process. The fabric is mechanically and chemically handled after weaving to make it soft and stabile. The process of finishing involve several stages which includes brushing, singeing, stretching, drying, and shrinking. The primary steps of brushing eliminates impurities and evens the denim fabric surface. Stretching controls the hand and stiffness of the fabric and guarantees its dimensional stability by compressive shrinking. These fabrics are sent for making up; wherein, the fabric is cut into appropriate width depending on the required size.
 

Denim Finishing Agents Market Value & Opportunity


Market Dynamics

The market is majorly driven by factors such as increasing preference of denim apparels among a huge population base. Furthermore, the advent of e-commerce has created a high demand for denim across the fashion industry, resulting in high production of denim garments, which in turn, is driving the global denim finishing agents market.

Rising adoption of ecological finishing solutions in the denim finishing agents has created a preference for new finishing agents and technologies such as ozone fading technology. These ecological solutions help denim manufacturers reduce process treatment time, while lowering energy costs. These attributes have resulted in the expansion of the global denim finishing market.
 

Introduction of Nanotechnology and Nano-coatings for Denim Finishing to create potential opportunity for denim finishing agents market during the forecast period

Increasing developments and advancements in the overall finishing agents industry is anticipated to generate growth opportunities. The use of nano-coatings and nanotechnology is rising in significantly in the textile industry. Nanotechnology is the utilization of structure and energy inherent in materials at an atomic level, at the dimension of 10^-9 nm, to create novel materials with improved performance properties. The use of nanotechnology in the denim finishing industry is expected to improve the quality and performance of fabrics by enhancing the existing functionalities such as durability.

Segmental Outlook

By Type Segment

Denim Finishing Agents Market By Type Segment

On the basis of type, the global denim finishing agents market is segmented into Enzymes, Resins, Softeners, Defoamers, Bleaching, Crush-Resistant, Anti-Back Staining, and Others. The enzymes segment is expected grow at a CAGR of over 7% during the forecast period. The usage of enzymes in the denim finishing, as biocatalysts, which helps in degrading hard starch present on the denim fabric. Furthermore, the process consisting enzymes as finishing agents is less corrosive to the fabrics, while also eliminating major fabric issues. Additionally, organic enzymes are considered eco-friendly for washing processes and with the increasing adoption of eco-friendly products, the growth of the enzymes segment is projected to expand at a significant pace.

The softeners segment held over 1/5th share of the market share in 2019 owing to its easy availability in the market. Softeners provide a smooth and light finish to the denim fabrics, while preventing the formation of dark blemishes on denim garments. These attributes are expected to boost the growth of the segment at a significant pace.

The anti-back staining segment also accounted for a significant market share in the denim finishing agents market and is expected to grow at a substantial pace during the forecast period. The growth of the segment is attributed to its ability of preventing redeposition of pigments or dyes on denim fabrics during wet processing. These agents also help in bringing back high contrast in thick denim fabrics.


By End-users Segment
 
Denim Finishing Agents Market BPS Analysis
 

Based on End-users, the global denim finishing Agents market is classified into SMEs, and Large Enterprises. The SMEs segment is projected to constitute more than half share of the market in 2019. The growth of the segment is attributed to the rise in presence of local players in the denim garments industry, resulting in the high usage of denim finishing agents among SMEs. The large enterprises segment is expected to grow at a considerable CAGR during the forecast period. The growth of the segment is attributed to the emergence of counterfeit goods among several local enterprises which has resulted in denim manufacturing companies to focus their purchases from established market players, further increasing the growth of the segment in the market.
 

Regional Outlook

In terms of regions, the market has been fragmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific is a promising region for the market. The region held more than half of the market in terms of share in 2019 and expected to retain its dominance during forecast period 2020-2027. The growth of the market in Asia Pacific is attributed to the proliferation of e-commerce in the region, which has resulted in a rapid rise of clothing and apparel sales in the region. Furthermore, most of the denim production is carried out in Asia Pacific, with China being one of the leading producers. This, is in turn, is expected to increase the demand for denim finishing agents in the region.

Denim Finishing Agents Market By Region

The market in Latin America is expected to grow at a significant pace owing to the increasing opportunity for top denim producing countries Mexico and Ecuador in Latin America. The ‘U.S. – China trade war’ is shifting the denim manufacturer’s attention towards Mexico to fulfill the strong denim demand from the U.S. market. The major denim brands are planning to shift their import, and production activities to Mexico due to cheap labor cost and availability of raw materials. Hence, the increasing denim production is ultimately expected to fuel the denim finishing agents market growth during forecast period.
 

Competitive Landscape

Key players in the market include Dow Chemical Company BASF SE, Huntsman International LLC., CHT Group, and Fashion Chemicals GmbH & Co. KG, and others. These players are considered as leading manufacturers of denim finishing Agents based on their revenue, research development (R&D) activities, product offerings, regional presence, and supply chain management system.

The players are adopting key strategies such as product innovations, and acquisition where potential opportunity for the denim finishing Agents extraction is added in the company’s capacity.

In January 2018, The Dow Chemical Company launched Eco fast Pure. This is used for the dyeing of the textiles and products with less consumption of water. ECOFAST Pure also improves color fastness. This also increases the presence of colors on the fabrics for longer duration.
 

Key Benefits for Industry Participants & Stakeholders

  • In-depth Analysis of the Global Denim Finishing Agents Market

  • Historical, Current and Projected Market Size in terms of Value and Volume

  • Potential & Niche Segments and Regions Exhibiting Promising Growth Covered

  • Industry Drivers, Restraints and Opportunities Covered in the Study

  • Recent Industry Trends and Developments

  • Competitive Landscape & Strategies of Key Players

  • Neutral Perspective on Global Denim Finishing Agents Market Performance

  • Historical, Current and Projected Market Production, Capacity, and Historical Import-Export

Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Denim Finishing Agents Market Overview
   4.1 Introduction
      4.1.1 Market Taxonomy
      4.1.2 Market Definition
      4.1.3 Macro-Economic Factors Impacting the Market Growth
   4.2 Denim Finishing Agents Market Dynamics
      4.2.1 Market Drivers
      4.2.2 Market Restraints
      4.2.3 Market Opportunity
   4.3 Denim Finishing Agents Market - Supply Chain Analysis
      4.3.1 List of Key Suppliers
      4.3.2 List of Key Distributors
      4.3.3 List of Key Consumers
   4.4 Key Forces Shaping the Denim Finishing Agents Market
      4.4.1 Bargaining Power of Suppliers
      4.4.2 Bargaining Power of Buyers
      4.4.3 Threat of Substitution
      4.4.4 Threat of New Entrants
      4.4.5 Competitive Rivalry
   4.5 Global Denim Finishing Agents Market Size & Forecast, 2017-2027
      4.5.1 Denim Finishing Agents Market Size and Y-o-Y Growth
      4.5.2 Denim Finishing Agents Market Absolute $ Opportunity
   4.6 Pricing Analysis & Forecast, Type, 2017-2027
Chapter 5 Global Denim Finishing Agents Market Analysis and Forecast Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities Type
      5.1.2 Basis Point Share (BPS) Analysis Type
      5.1.3 Absolute $ Opportunity Assessment Type
   5.2 Denim Finishing Agents Market Size & Volume Forecast Type
      5.2.1 Enzymes
      5.2.2 Resins
      5.2.3 Softeners
      5.2.4 Defoamers
      5.2.5 Bleaching
      5.2.6 Crush-Resistant
      5.2.7 Anti-Back Staining
      5.2.8 Others
   5.3 Market Attractiveness Analysis Type
Chapter 6 Global Denim Finishing Agents Market Analysis and Forecast End-users
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities End-users
      6.1.2 Basis Point Share (BPS) Analysis End-users
      6.1.3 Absolute $ Opportunity Assessment End-users
   6.2 Denim Finishing Agents Market Size & Volume Forecast End-users
      6.2.1 SMEs
      6.2.2 Large Enterprises
   6.3 Market Attractiveness Analysis End-users
Chapter 7 Global Denim Finishing Agents Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Denim Finishing Agents Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region
Chapter 8 North America Denim Finishing Agents Analysis and Forecast
   8.1 Introduction
   8.2 North America Denim Finishing Agents Market Size Forecast by Country
      8.2.1 U.S.
      8.2.2 Canada
   8.3 Basis Point Share (BPS) Analysis by Country
   8.4 Absolute $ Opportunity Assessment by Country
   8.5 Market Attractiveness Analysis by Country
   8.6 North America Denim Finishing Agents Market Size & Volume Forecast Type
      8.6.1 Enzymes
      8.6.2 Resins
      8.6.3 Softeners
      8.6.4 Defoamers
      8.6.5 Bleaching
      8.6.6 Crush-Resistant
      8.6.7 Anti-Back Staining
      8.6.8 Others
   8.7 Basis Point Share (BPS) Analysis Type
   8.8 Absolute $ Opportunity Assessment Type
   8.9 Market Attractiveness Analysis Type
   8.10 North America Denim Finishing Agents Market Size & Volume Forecast End-users
      8.10.1 SMEs
      8.10.2 Large Enterprises
   8.11 Basis Point Share (BPS) Analysis End-users
   8.12 Absolute $ Opportunity Assessment End-users
   8.13 Market Attractiveness Analysis End-users
Chapter 9 Europe Denim Finishing Agents Analysis and Forecast
   9.1 Introduction
   9.2 Europe Denim Finishing Agents Market Size Forecast by Country
      9.2.1 Germany
      9.2.2 France
      9.2.3 Italy
      9.2.4 U.K.
      9.2.5 Spain
      9.2.6 Russia
      9.2.7 Rest of Europe
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 Europe Denim Finishing Agents Market Size & Volume Forecast Type
      9.6.1 Enzymes
      9.6.2 Resins
      9.6.3 Softeners
      9.6.4 Defoamers
      9.6.5 Bleaching
      9.6.6 Crush-Resistant
      9.6.7 Anti-Back Staining
      9.6.8 Others
   9.7 Basis Point Share (BPS) Analysis Type
   9.8 Absolute $ Opportunity Assessment Type
   9.9 Market Attractiveness Analysis Type
   9.10 Europe Denim Finishing Agents Market Size & Volume Forecast End-users
      9.10.1 SMEs
      9.10.2 Large Enterprises
   9.11 Basis Point Share (BPS) Analysis End-users
   9.12 Absolute $ Opportunity Assessment End-users
   9.13 Market Attractiveness Analysis End-users
Chapter 10 Asia Pacific Denim Finishing Agents Analysis and Forecast
   10.1 Introduction
   10.2 Asia Pacific Denim Finishing Agents Market Size Forecast by Country
      10.2.1 China
      10.2.2 Japan
      10.2.3 South Korea
      10.2.4 India
      10.2.5 Pakistan
      10.2.6 Bangladesh
      10.2.7 Sri Lanka
      10.2.8 Rest of Asia Pacific (APAC)
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Asia Pacific Denim Finishing Agents Market Size & Volume Forecast Type
      10.6.1 Enzymes
      10.6.2 Resins
      10.6.3 Softeners
      10.6.4 Defoamers
      10.6.5 Bleaching
      10.6.6 Crush-Resistant
      10.6.7 Anti-Back Staining
      10.6.8 Others
   10.7 Basis Point Share (BPS) Analysis Type
   10.8 Absolute $ Opportunity Assessment Type
   10.9 Market Attractiveness Analysis Type
   10.10 Asia Pacific Denim Finishing Agents Market Size & Volume Forecast End-users
      10.10.1 SMEs
      10.10.2 Large Enterprises
   10.11 Basis Point Share (BPS) Analysis End-users
   10.12 Absolute $ Opportunity Assessment End-users
   10.13 Market Attractiveness Analysis End-users
Chapter 11 Latin America Denim Finishing Agents Analysis and Forecast
   11.1 Introduction
   11.2 Latin America Denim Finishing Agents Market Size Forecast by Country
      11.2.1 Brazil
      11.2.2 Mexico
      11.2.3 Peru
      11.2.4 Colombia
      11.2.5 Ecuador
      11.2.6 Rest of Latin America (LATAM)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Latin America Denim Finishing Agents Market Size & Volume Forecast Type
      11.6.1 Enzymes
      11.6.2 Resins
      11.6.3 Softeners
      11.6.4 Defoamers
      11.6.5 Bleaching
      11.6.6 Crush-Resistant
      11.6.7 Anti-Back Staining
      11.6.8 Others
   11.7 Basis Point Share (BPS) Analysis Type
   11.8 Absolute $ Opportunity Assessment Type
   11.9 Market Attractiveness Analysis Type
   11.10 Latin America Denim Finishing Agents Market Size & Volume Forecast End-users
      11.10.1 SMEs
      11.10.2 Large Enterprises
   11.11 Basis Point Share (BPS) Analysis End-users
   11.12 Absolute $ Opportunity Assessment End-users
   11.13 Market Attractiveness Analysis End-users
Chapter 12 Middle East & Africa (MEA) Denim Finishing Agents Analysis and Forecast
   12.1 Introduction
   12.2 Middle East & Africa (MEA) Denim Finishing Agents Market Size Forecast by Country
      12.2.1 Turkey
      12.2.2 GCC Countries
      12.2.3 South Africa
      12.2.4 Tunisia
      12.2.5 Morocco
      12.2.6 Ethiopia
      12.2.7 Kenya
      12.2.8 Tanzania
      12.2.9 Rest of Middle East & Africa (MEA)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Middle East & Africa (MEA) Denim Finishing Agents Market Size & Volume Forecast Type
      12.6.1 Enzymes
      12.6.2 Resins
      12.6.3 Softeners
      12.6.4 Defoamers
      12.6.5 Bleaching
      12.6.6 Crush-Resistant
      12.6.7 Anti-Back Staining
      12.6.8 Others
   12.7 Basis Point Share (BPS) Analysis Type
   12.8 Absolute $ Opportunity Assessment Type
   12.9 Market Attractiveness Analysis Type
   12.10 Middle East & Africa (MEA) Denim Finishing Agents Market Size & Volume Forecast End-users
      12.10.1 SMEs
      12.10.2 Large Enterprises
   12.11 Basis Point Share (BPS) Analysis End-users
   12.12 Absolute $ Opportunity Assessment End-users
   12.13 Market Attractiveness Analysis End-users

Chapter 13 Global Market Analysis, by Region
13.1 Production Market volume and Y-o-Y Growth, by Region 2017-2027
13.2 Capacity Market volume and Y-o-Y Growth, by Region 2017-2027
13.3 Import and Export volume, by region 2017-2019
Chapter 14 Competition Landscape
   14.1 Denim Finishing Agents Market: Competitive Dashboard
   14.2 Global Denim Finishing Agents Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
      14.3.1 Americos Industries Inc.
      14.3.2 APLICACIÓN Y SUMINISTROS TEXTILES SA (Austex)
      14.3.3 BASF SE
      14.3.4 CHT Group
      14.3.5 Denim Care Sdn Bhd
      14.3.6 Denimist Chemical Company
      14.3.7 Fashion Chemicals GmbH & Co. KG
      14.3.8 Huntsman International LLC.
      14.3.9 Kemin Industries Inc. (Garmon Chemicals)
      14.3.10 Rudolf GmbH & Co.
      14.3.11 The Dow Chemical Company
      14.3.12 The Seydel Companies Inc.
Key Segments Covered
By Type
  • Enzymes
  • Resins
  • Softeners
  • Defoamers
  • Bleaching
  • Crush-Resistant
  • Anti-Back Staining
  • Others
By End-users
  • SMEs
  • Large Enterprises
By Region
  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Peru
    • Colombia
    • Ecuador
    • Rest of Latin America (LATAM)
  • Europe
    • Germany
    • France
    • Italy
    • U.K.
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Pakistan
    • Bangladesh
    • Sri Lanka
    • Rest of Asia Pacific (APAC)
  • Middle East & Africa (MEA)
    • Turkey
    • GCC Countries
    • South Africa
    • Tunisia
    • Morocco
    • Ethiopia
    • Kenya
    • Tanzania
    • Rest of Middle East & Africa (MEA)
Key Market Players Profiled in the Report
  • Americos Industries Inc.
  • APLICACIÓN Y SUMINISTROS TEXTILES S.A. (ASUTEX)
  • BASF SE
  • CHT Group
  • Denim Care Sdn Bhd
  • Denimist Chemical Company
  • Fashion Chemicals GmbH & Co. KG
  • Huntsman International LLC.
  • Kemin Industries, Inc.
  • Rudolf GmbH
  • The Dow Chemical Company
  • The Seydel Companies

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FAQ Section

Some frequently asked quetions about this report!

Additional company profiles can be provided on request.

Yes, the report covers production and capacity data.

According to this Growth Market Reports report, the Denim Finishing Agents market is likely to register a CAGR of 6.7% during forecast period 2020-2027, with an anticipated valuation of USD 2,263.1 Million by the end of the 2027.

In addition to market size (in USD Million), Market Volume (in Thousand Tons), and Company Market Share (in % for base year 2019), other data such as Pricing analysis for year 2017 to 2027 (estimated pricing analysis) is provided, Export Import Analysis (2017 to 2019) for denim finishing agents is provided, short term and long term outlook for denim finishing Agents market is available in final report.

The Increasing Adoption of Ecological Finishing Technology, Rising Demand for Denim Wears, and Growing Fashion Industry in Emerging Countries are key factors driving the market growth during forecast period.

SMEs and Large enterprises involved in denim production business are the key end-users driving the denim finishing agents market.

Factors such as competitive strength and market positioning are key areas considered while selecting top companies to be profiled.

The market is expected to witness decline of by 2% between 2019 and 2020 owing to the negative impact of COVID 19 pandemic on the denim finishing Agents market. The shutdown of production activities, restrictions on transportation activities, and temporary decline in demand for denim finishing Agents are some of the prime reasons responsible for this market trend.

The base year considered for the global denim finishing Agents market report is 2019. The complete analysis period is 2017 to 2027, wherein, 2017 & 2018 are the historic years and the forecast is provided from 2020 to 2027.

Major Manufactures include, BASF SE, Huntsman International LLC., CHT Group, and Fashion Chemicals GmbH & Co. KG, and others.