The global sizing
agents market is expected to reach USD 4.67 Billion by 2026, according
to a new report by Reports and Data. This can be mainly because of the great
demand from textile industry products. The study covers an in-depth analysis of
sizing agents and future demand for the global sizing agents market.
Sizing agents are elements that
are commonly applied to fibers to reduce their porosity and make them suitable
for printing applications. These sizing agents improve the resistance
properties of the fiber for penetration of water of any other liquid. They are
commonly used by the paper and printing industry to increase the ink holding
capacity. The sizing agents include various starch and wax-based products,
which help to improve printing characteristics, oil & water-resistance of
paper. The developments in industries such as paper, textile, cosmetics, and
food are contributing to growth of demand in the global sizing agent's market.
There are natural sizing agents that involve albumen, glue, rosins, starches,
and there are also synthetic sizing agents that involve styrene, polyvinyl
alcohol, etc. on the basis of thickening agent type, the thickening and sizing
market is divided into minerals and hydrocolloids.
The Asia Pacific region, which
includes India and China among developing nations is an exporter of large
quantity of these sizing agents to North America and Europe, which help in the
development of textile industry in North America and Europe. But the Asia
Pacific region will witness the rapid growth of the industries base on sizing
agents due to shift of production facilities of many companies from North
America and Europe to Asia Pacific. The reason behind the shifting of the
facilities is cheap labor costs in Asia Pacific, avoiding the cost of export,
etc.
The synthetic sizing agents which
involve styrene, polyvinyl alcohol has more applications, and therefore there
is high potential for growth for the synthetic sizing agents. The emerging and
new technology measure will impact the growth of the sizing agent's markets.
To identify the key trends in
the industry, click on the link below:
Further key findings from
the report suggest
- The sizing agents market is growing at a CAGR of 2%
in Asia Pacific, followed by North America and Europe, with 5.9 % and 5.5%
CAGR, respectively. High demand for sizing agents in textile, fiber,
paper, packaging industry is driving the demand growth of the sizing
agents market.
- As of 2018, North America has the largest market
share, mainly because of large number of export sizing agents in North
America from Asia-Pacific from many large brands.
- Synthetic sizing agents hold a major share of 80% in
the market as of 2018 and are consequently predicted to hold the largest
market share by 2026.
- The natural sizing agents are expected to register
CAGR of 4.8%
- The highest CAGR will be for the textile sector at
6.2% followed by paper and paperboard and food and packaging at 6.1% and
5.4%, respectively.
- The personal care segment which is another industry
involving the use of sizing agents is expected to grow at a CAGR of 5.4%
- Asia Pacific is predicted to register the highest
CAGR of 6.2% by 2026 due to large number of companies shifting their
facilities in Asia Pacific due to high rate of development.
- The environmental concerns related to the use of
sizing agents and the availability of alternatives to the sizing agents
will hinder the market growth.
- Key participants include- Kemira OYJ, Solenis,
Buckman, Omnova Solutions, Aries Chemical, Evonik Industries, BASF SE,
Seiko PMC Corporation, Pulcra Chemicals, and Bodo Moller Chemie.
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For the purpose of this report,
Reports and Data has segmented the sizing agents market on the basis of type,
applications, and regional outlook:
Type (Revenue in USD Million;
Volume in Tons, 2016-2026)
- Natural
- Synthetic
Applications (Revenue in USD
Million; Volume in Tons, 2016-2026)
- Paper & Paperboard
- Food Packaging
- Textile
- Personal Care
- Other
Regional Outlook (Revenue in
USD Million; Volume in Tons, 2016-2026)
- North America
- U.S.
- Europe
- France
- UK
- Asia Pacific
- China
- India
- Japan
- Latin America
- Brazil
- MEA
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