According to MarkNtel Advisors study the Global Silicone Textile Softener Market is projected to grow at a considerable CAGR during the forecast period, i.e., 2022-27.

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Key Findings of the Study: Silicone Textile Softener market

Key Driver: Surging Production of Cotton Fabric-based Clothing

Cotton plays a vital role in the textile industry for manufacturing clothes. About 75% of clothing contains some proportion of cotton owing to its high availability and being the preferred choice of consumers.

Silicone textile softeners help maintain creases in cotton clothes. Hence, with the surging production of cotton-based fabrics, silicone textile softeners have also witnessed significant growth in their demand in recent years.

• According to the Ministry of Textiles, the Government of India, the country generated revenues to the tune of USD 10 Billion in 2021 by exporting cotton fabric-based clothes & handloom products.
• Moreover, according to the US Department of Agriculture, the country produced approximately 20 million bales of cotton, wherein nearly 78% was used in the textile industry for the production of clothes based on cotton in 2019.

Hence, the availability of cotton and its maximized use across the textile industry while manufacturing clothes indicates a significant expansion of the silicone textile softener market in the years to come.

For more detailed information about the Silicone Textile Softener market report, click here – https://www.marknteladvisors.com/research-library/silicone-textile-softner-market.html

Scope of the Report and Silicone Textile Softener Market Segmentation:

By Type

• Inactive Silicone Softener
• Active Silicone Softener
• Modified Silicone Softener

By Fabric Type

• Cotton
• Wool
• Silk
• Polyester
• Nylon
• Other Synthetic Fiber

Modified Silicone Textile Softeners are projected to grab the largest market share during 2022-27.

Silicone Textile Softener Market Development:

• In 2021, Nextil Group, a textile company in Spain, announced its plan to launch a new fabric production plant in Guatemala in 2023. This plant would cover an area of 25,000 square meters.
• In 2018, a Turkish-Algerian joint venture introduced a textile production facility in the northwestern Algerian province of Relizane. The facility was named TAYAL SPA and costs around USD 1.5 billion.

Geographical Analysis:

By Region

• North America
• South America
• Europe
• Middle East & Africa
• Asia Pacific

Geographically, among all regions, Asia-Pacific, a dominant textile manufacturer worldwide, acquired a substantial share in the Silicone Textile Softeners Market during 2017-21.

Note: If you require specific information not covered in the current report, we can provide it through customized option

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