Surfactants or wetting agents are organic compounds, which when added to water or any other liquid, reduces its surface tension, thereby causing the liquid to easily spread over the surface of a material or increase the ability of a liquid to penetrate into the material.
New York, NY -- (SBWIRE) -- 08/24/2017 -- Increased spending, in terms of fashion and high-class interiors, has increased demand for textiles, as a result of which there is strong demand for textile surfactants in the industry. As there are many players in the textile industry, owing to continuous change in preferences of people, competition among them would constantly bring more advancement in textile quality and thus is expected to drive the market for textile surfactants in near future. Technical textile includes medical applications, geotextiles, agro-textiles, etc.
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Rising demand from these segments would stimulate the growth of textile, which ultimately would accelerate the textile surfactants demand in textile industries. Technical textiles are also used in environmental protection applications and such environmental beneficial projects are expected to boost eco-tech textiles, which would keep demand for surfactants rising.
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The main restraint, which may hamper the demand for use of textile surfactants is government regulations for utilization of eco-friendly products. Disposal of synthetic surfactants into lakes and rivers leave adverse environmental impact, which limits the growth of synthetic textile surfactants market. This in-turn has raised the demand for bio-based textile surfactants, which will bring opportunities for market growth.
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Western Europe and North America possess a large base of key players in surfactants manufacturing. The surfactant market is stagnant in this region. European commission encourages the policies that are beneficial for environment, owing to which surfactants produced from renewable raw materials is expected to find large market in this region. Japan Textile Federation is aiming to push development in Japan textile industries, which is also expected to bolster the demand for surfactants in this region during the forecast period.