What is Global Textile Binders Market?
The Global Textile Binders Market is a vast and dynamic sector that plays a crucial role in the textile industry. Textile binders are substances used in textile printing to improve the color fastness and adhesion of pigments to fabric surfaces. They are typically water-based and are applied to textiles in a paste form. The global market for these binders is substantial and continues to grow as the demand for high-quality, durable textiles increases. The market is driven by various factors such as advancements in textile technology, increasing demand for fashionable and comfortable clothing, and the growing textile industries in emerging economies. The market is also influenced by the increasing use of textile binders in various applications such as fabric coating, printing, and flocking.
Acrylic Copolymer, Polyvinyl Acetate, Vinyl-Acrylate/Acrylic, Styrene-Acrylate in the Global Textile Binders Market:
The Global Textile Binders Market is segmented based on the type of binders used, which includes Acrylic Copolymer, Polyvinyl Acetate, Vinyl-Acrylate/Acrylic, and Styrene-Acrylate. Acrylic Copolymer is a type of binder that offers excellent adhesion, flexibility, and resistance to heat, chemicals, and UV radiation. Polyvinyl Acetate, on the other hand, is known for its strong adhesive properties and is commonly used in textile printing. Vinyl-Acrylate/Acrylic binders are versatile and offer good adhesion and durability, making them suitable for various textile applications. Lastly, Styrene-Acrylate binders are known for their excellent water resistance and adhesion properties. These different types of binders cater to the diverse needs of the textile industry, contributing to the growth of the Global Textile Binders Market.
Fabric Coating & Printing, Flocking, Discharge Printing, Others in the Global Textile Binders Market:
The Global Textile Binders Market finds its usage in various areas such as Fabric Coating & Printing, Flocking, Discharge Printing, among others. In Fabric Coating & Printing, textile binders are used to enhance the durability and appearance of printed fabrics. They help in creating vibrant, long-lasting prints that can withstand washing and wear. In Flocking, textile binders are used to adhere small fiber particles to a surface, creating a velvet-like texture. This technique is often used in fashion, home decor, and automotive industries. In Discharge Printing, textile binders are used to create intricate designs on dyed fabrics. The binders help in removing the dye in certain areas, revealing the fabric's original color and creating a unique design. The versatility of textile binders and their wide range of applications contribute to the growth of the Global Textile Binders Market.
Global Textile Binders Market Outlook:
Looking at the market outlook, the Global Textile Binders Market was valued at a significant US$ 75 million in 2023. It is projected to reach an impressive US$ 107.8 million by 2030. This indicates a steady Compound Annual Growth Rate (CAGR) of 5.3% during the forecast period from 2024 to 2030. This growth can be attributed to the increasing demand for high-quality textiles, advancements in textile technology, and the growing textile industries in emerging economies. The market's potential for growth is immense, making it a lucrative sector for investment.
| Report Metric | Details |
| Report Name | Textile Binders Market |
| Accounted market size in 2023 | US$ 75 million |
| Forecasted market size in 2030 | US$ 107.8 million |
| CAGR | 5.3% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | Jesons Industries, OMNOVA Solutions, Scott Bader Company, Zhejiang Xinli Chemical, Vijet Products, Acrolite Chemicals, Archroma Management GmbH, ADPL Group, Betapol, 3J Chemicals, Gunjan Paints, National Adhesives and Polymers, Pexi Chem Private, Organic Dyes and Pigments., Indofil Industries |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
