Top 5 Vendors in the Global Functional Textile Finishing Agents Market – Technavio

December 20, 2017

LONDON–(BUSINESS WIRE)–#Chemicals—Technavio
has announced the top five leading vendors in their recent global
functional textile finishing agents market report from
2017-2021. This market research report also lists 12 other prominent
vendors that are expected to impact the market during the forecast
period.

Competitive vendor landscape

The major vendors in the global functional textile finishing agents
market have their presence across the globe. The global functional
textile finishing agents market is highly competitive and moderately
concentrated with the presence of major players such as BASF, Bayer,
Huntsman, Sumitomo Chemicals, and The Dow Chemical Company. Most of the
players in this market are present in the Americas and EMEA. The global
textile chemicals market is the parent market for the global functional
textile finishing agents market. The market under research holds a share
of around 13% of the parent market.

According to Kurva Samba Sivudu, a lead analyst at Technavio for specialty
chemicals research, “The threat of competition among the
rival players in the market will remain high owing to the rising
development of innovative products and the implementation of emerging
technology in manufacturing smart fabrics. The other players such as
Resil Chemicals, Archoma, Evonik Industries, and Lubrizol also have a
considerable presence in this market. For instance, Resil Chemicals have
launched its summer garment technology named COOLIT, which prevents the
heat energy to pass through the fabrics.”

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Technavio market research analysts identify the following key
vendors:

BASF

BASF produces and supplies chemicals and intermediates including
plasticizers, solvents, glues, monomers, and electronic chemicals. The
company provides raw materials for detergents, textile fibers, plant
protection, plastics, pharmaceuticals, and paints and coatings. BASF
end-users include the construction, automotive, agriculture, oil,
plastics, furniture, electrical and electronics, and paper industries.
The company manufactures functional textile finishing agents under the
tradename Ultramid Polyamide.

Bayer

The company manufactures functional textile finishing agents under its
Bayer Material Science unit. Bayer manufactures high-performance
polyurethane coatings, colorants, and adhesives for textile finishing.
The company develops waterborne polyurethane dispersions. Bayer
manufactures polyamide fibers for swimwear, outerwear, hosiery,
innerwear, and sportswear. The company’s new polyisocyanate dispersion
adheres to smart textiles. Bayer also offers scratch resistance and
abrasion resistance properties. The company markets its functional
textile finishing agents under the tradename Imprafix 2794 XP.

Huntsman Corporation

The company manufactures a wide range of functional textile finishing
agents used in the manufacturing of smart fabrics. The products
manufactured by the company offer specific features such as brightening
effects, antistatic property, anti-slipping ability, repellent and
release ability, sun protection, and softening property. Huntsman
Corporation offers fluorescent whitening agents under the tradename
UVITEX, UVITEX E, UVITEX BAC, UVITEX BPR LIQ, and UVITEX BHA LIQ.

Sumitomo Chemicals

The company manufactures functional textile finishing agents that are
used in making a variety of smart fabric products with specific
features. Sumitomo Chemicals manufactures disperse dyes, melamine
resins, glyoxal resins, and textile hardening agents. Disperse dyes with
the tradenames SUMIKARON dyes, SUMIKRON RPD dyes, and SUMIKARON UL dyes
are manufactured in the Sumika Chemtex department of Sumitomo Chemicals.
The Sumika Chemtex department of Sumitomo Chemicals manufactures
reactive dyes for cellulosic fibers under the tradename SUMIFIX HF,
SUMIFIX SUPRA, and SUMIFIX, which provide thermal stabilization in a
wide range of temperatures.

The Dow Chemical Company

The company manufactures a wide range of functional textile finishing
agents that are widely used in making featured fabrics. The company is
one of the leading manufacturers of functional textile finishing agents
globally. The Dow Chemical Company manufactures polyethylene glycols,
polypropylene glycols, and their derivative products that are used as
lubricating agents, emulsifying agents, wetting agents, and antistatic
agents in textile manufacturing. The company manufactures polyethylene
glycol-based textile finishing agents under the tradename CARBOWAX.
Other than this, some other functional textile finishing agents
manufactured by the company are listed below.

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