Silicone Textile Softeners Market Will Surpass USD 372

Micheal Johnson

Pune India, Jan. 10, 2023 (GLOBE NEWSWIRE) — The market has been studied for the below mentioned-segmentation and regional analysis for North America, Europe, Asia, South America, and the Middle East and Africa. These are the key regions where the silicone textile softeners market is operating and is predicted to expand soon. The manufacturers and suppliers involved in the silicone textile softeners market are present across various countries in the above-mentioned regions.

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The report provides a detailed understanding of the market segments which have been formed by combining different prospects such as type, application, and region. The key driving factors, restraints, potential growth opportunities, and market challenges are also discussed in the paragraphs below. 

The significant players operating in the global silicone textile softeners market are Mitsubishi Chemical Corporation, Shin-Etsu Chemical Co., Ltd., Huntsman International LLC, Wacker Chemie AG, Momentive, Evonik Industries AG, Elkem ASA, NICCA U.S.A. Inc., Piedmont Chemical Industries, CHT Germany GmbH, Weifang Ruiguang Chemical Co., Ltd., chem group, Dow, and Nouryon among other. To achieve a substantial market share in the worldwide silicone textile softeners market and strengthen their position, manufacturers are expansion methods such as current developments, mergers and acquisitions, product innovations, collaborations, and partnerships, joint ventures.

The development of silicone technology has changed the textile industry. Fabric pre-treatment commonly involves the use of silicone textile softeners, which are high-purity chemicals based on silicone. Silicone textile softeners are among the more widely used textile softeners. They come in fluid, emulsion, oil, and antifoam forms. One of the major reasons projected to drive the growth of the silicone textile softeners market during the forecast period is the considerable shift in consumer preference toward foreign textile brands. The market for silicone textile softeners is also anticipated to expand as a result of growing research and development capabilities on green or bio-based chemicals made from renewable resources, rising adoption of green chemicals, and growth and expansion of various end-user verticals like the chemicals and materials industry, particularly in developing economies. Additionally, the production of automobile fabrics including seat covers, headliners, and seat belts is growing, which is likely to create more opportunities for the market for silicone textile softeners. The expanding demand for silicone across a variety of end-user industries, including personal care, consumer products, industrial processes, and construction, is predicted to fuel market expansion throughout the course of the forecast period. The U.S. market is expected to perform moderately because of the market maturity of the manufacturing industries in general and the use of silicones. But it is projected that further technical breakthroughs and ongoing product innovation would promote the use of silicone in expanding industries, such as health and personal care and electric vehicles (EVs).

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Scope of Silicone Textile Softeners Market Report

Report Metric Information
Study Period 2022-2030
Base Year              2022
Forecast Period 2023-2030
Market Share Unit USD Billion
Segments Covered Type, Application, and Regions
Regions Covered North America, Europe, Asia-Pacific, South America, and Middle-East and Africa
Major Players Mitsubishi Chemical Corporation, Shin-Etsu Chemical Co., Ltd., Huntsman International LLC, Wacker Chemie AG, Momentive, Evonik Industries AG, Elkem ASA, NICCA U.S.A. Inc., Piedmont Chemical Industries, CHT Germany GmbH, Weifang Ruiguang Chemical Co., Ltd., chem group, Dow, and Nouryon among other. 

Segmentation Analysis

The amino textile softeners segment is expected to be the fastest-growing segment in 2022. 

The type segment is amino textile softeners, multiple block textile softeners, and others. The amino textile softeners segment is expected to witness the highest growth rate during the forecast period. The texture of fibers and fabrics is smoothed and softened using an amino silicone softener. These softeners are constructed of the highest-grade softening ingredients to give the materials a soft feel. Thanks to the softeners, the fabric mixtures are easy to handle and white with no yellowing.

The in-fabric segment is expected to be the fastest-growing segment in 2022. 

The application segment is in fabric and others. The in-fabric segment is expected to witness the highest growth rate during the forecast period. With the aid of silicone softeners, fabrics can be made supple, hygroscopic, antistatic, and simple to clean. They are widely used in the finishing process for textiles made from synthetic and mixed fibers.

Regional Analysis           

The regional analysis provides a detailed perception of the key regions and the countries. Some of the key countries analyzed for the silicone textile softeners include the US, Canada, Mexico, Germany, France, the U.K., Italy, Spain, Russia, China, Japan, India, Brazil, Peru, UAE, South Africa, and Saudi Arabia.

  • The Asia Pacific region witnessed a major share. Because the textile sector has grown significantly in the area. This increase is largely due to urbanization expansion, improving lifestyles, and increased per capita fashion product consumption.

Country Analysis

Germany’s silicone textile softeners market size was valued at USD 0.84 billion in 2022 and is expected to reach USD 0.89 billion by 2030, at a CAGR of 0.8{5e37bb13eee9fcae577c356a6edbd948fa817adb745f8ff03ff00bd2962a045d} from 2023 to 2030. The region’s silicone output will rise as a result of factors like cheap labor, easy availability of raw materials, and enhanced market penetration potential in the construction, electronics, transportation, personal care, energy, and healthcare sectors.

China’s silicone textile softeners market size was valued at USD 1.76 billion in 2022 and is expected to reach USD 1.96 billion by 2030, at a CAGR of 1.4{5e37bb13eee9fcae577c356a6edbd948fa817adb745f8ff03ff00bd2962a045d} from 2023 to 2030. China has one of the longest coastlines in the world (more than 14,000 km), as well as many big ports. Numerous large shipbuilding companies are based in the country, to name a few: Sinotrans, COSCO shipping, China State Shipbuilding Corporation (CSSC), China Shipbuilding Industry Corporation (CSIC), and CMHI. Because Chinese shipyards build a variety of ships, including bulk carriers, container ships, oil tankers, military vessels, passenger ships, luxurious vessels, and others, due to this silicone is in high demand.

India’s silicone textile softeners market size was valued at USD 1.26 billion in 2022 and is expected to reach USD 1.36 billion by 2030, at a CAGR of 1{5e37bb13eee9fcae577c356a6edbd948fa817adb745f8ff03ff00bd2962a045d} from 2023 to 2030. Due to the growing demand for long-lasting softeners, as well as the rise in scented product demand and general public disposable money in developing countries like India.
Covid-19 Impact
Covid-19 had a major impact on almost all industries, such as electronics, semiconductors, manufacturing, automobile, etc. However, several companies operating in the technology sector have seen increased revenue due to significant changes in consumer preferences toward technological services. In addition, the pandemic has led to significant growth in technology across developing and developed countries.

Furthermore, the growth of this market is mainly driven by owing to the increase in demand in various industries.

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