Denim Finishing Agents Market Size, Share, Opportunities, And Trends By Denim Type (Raw Denim, Cotton Denim, Sanforized Denim, Stretch Denim, Crushed Denim, Selvedge Denim, Poly Denim, Others), By Finishing Agents (Bleaching Agents, Softeners, Resin Finishing Agent, Defoamers, Enzymes, Anti back Staining Agent, Others), By Application (Footwear, Accessories, Garments, Homeware, Others), And By Geography - Forecasts From 2023 To 2028

The Denim finishing agents Market is projected to grow considerably during the forecast period

Significant growth in the global textile industry is one of the key factors driving the market's positive outlook. Furthermore, the market is expanding due to the growing demand for high-end clothing that is maintained and treated with superior finishing agents. Denim finishing agents are used to increase the comfort, durability, and lifespan of denim items like jackets, pants, purses, and accessories. Other growth-inducing factors include a variety of product innovations, such as the introduction of innovative skinny, stretchable, coloured, and stain-resistant denim fabrics.

Growing consumer demand for stylish and cosy denim apparel

The growing desire for trendy and comfortable denim clothing has led to a significant expansion of the denim finishing agent industry. The rapid shift in consumer preferences and the need for new and fresh looks have always resulted in a boom in the fashion industry. Denim has managed to hold onto its appeal by adapting to these changing fashion trends and offering a wide range of colours, shapes, and finishes. One factor driving the rising demand for fashionable denim clothing is the expansion of fast fashion. Denim finishing agents are in greater demand as manufacturers quickly create a variety of denim styles to suit consumer preferences.

Increasing need for environmentally friendly and sustainable denim finishing agents

One of the key drivers of the denim finishing agents market is the growing need for environmentally friendly and sustainable denim finishing agents. Denim manufacturers are responding to consumer concerns about the potential environmental impact of their products by implementing more sustainable practices. Natural dyes and biodegradable enzymes are used in denim finishing techniques, which are less hazardous to the environment than traditional chemical processes. The need for sustainable and eco-friendly denim finishing agents is being driven by several factors, such as changing consumer preferences, governmental regulations, and the need for denim manufacturers to stand out in the market.

Rising demand for softeners

Softeners are expected to grow considerably during the forecast period. These products come in a variety of forms, including silicone-based, anionic, cationic, and nonionic softeners. In addition to giving the material a soft, fluffy finish, denim softeners shield denim from static electricity and the development of dark stains. Softeners aid in keeping the materials from tangling and creasing. Additionally, during denim sewing, these chemicals improve tearing strength, increase abrasion resistance, and reduce the chance of stitching thread and needle breakage.

Increasing use of cotton denims

The demand for cotton denim is being driven by an increased need for cotton to produce the perfect texture in denim. Denim is made by tightly weaving long strings of pure cotton fibres using industrial machinery. The lifespan and thickness of denim are important characteristics because of the resilience of these yarn twists. The threads underneath remain white because the fabric is too tight to allow colour to seep through. The market will continue to expand during the forecast period due to the increasing use of denim finishing chemicals which is anticipated to create new opportunities for the Denim finishing agents market to grow.

High use of denim finishing agents in the garment industry

Denim is predicted to grow in popularity in the apparel industry and propel the denim finishing chemicals market due to its robust and long-lasting qualities. Softening agents, defoamers, and other similar substances are frequently used in the denim finishing industry. Denim finishing agents will become more in demand due to the expanding textile and apparel industries.

Sustainable finishing agents and rising customization

Manufacturers of organic and biodegradable denim finishing agents have a lot of opportunities due to the growing demand for environmentally friendly and sustainable denim products. Businesses that provide creative, eco-friendly solutions stand to benefit from a competitive advantage in the marketplace. Customers are looking for denim products that are more distinctive and customized. Producers can take advantage of this trend by creating finishing agents that can be customized to produce a multitude of effects, colours, and textures, allowing customers to create unique denim looks.

Asia Pacific is projected to have the highest share of the Denim finishing agents market

The demand for these speciality products has been largely driven by the significant finishing product consumption in emerging economies such as China, Bangladesh, India, and Vietnam. Due to low labour costs, rapid economic growth, and advantageous regulatory environments, multinational corporations are growing their production facilities in Asian nations. Due to the denim industry's fastest growth rate in China, many major apparel retail brands are expanding their presence in the nation. Among the main causes of the shifting market trends are the growing demand for well-known denim products and the rising disposable income of the middle and upper classes.

Market Key Developments

• In October 2022, the CHT Group introduced LAB102, a new brand for apparel and jeans. In addition to chemistry, LAB102 also covers technology. At the highest ecological level, fogging, laser, and ozone technologies are innovations that currently allow new approaches in denim and garment treatment. Utilizing them can result in significant water and energy savings. Processes that are optimized and modified to meet the new requirements can also result in a decrease in the usage of chemicals. In order to achieve this, the "Jeans & Garment" team at the CHT Group collaborates on new innovations with top machine manufacturers.
• In April 2022, Denimax 400T and Novoprime 400T, two new granular enzymes from Novozymes, were designed for denim abrasion finishing. nAn already great product has been updated and improved with Novozymes' two new granular denim abrasion enzymes.  In comparison to Novoprime A888, Denimax 400T and Novoprime 400T both have better pH and temperature profiles, allowing buffering agents to be saved for "ready-to-use" products and low-temperature applications.

Segmentation:

• By Denim Type
  • Raw Denim
  • Cotton Denim
  • Sanforized Denim
  • Stretch Denim
  • Crushed Denim
  • Selvedge Denim
  • Poly Denim
  • Others
• By Finishing Agents
  • Bleaching Agents
  • Softeners
  • Resin Finishing Agent
  • Defoamers
  • Enzymes
  • Anti back Staining Agent
  • Others
• By Application
  • Footwear
  • Accessories
  • Garments
  • Homeware
  • Others
• By Geography
  • North America
    • United States
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Israel
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Indonesia
    • Thailand
    • Others

1.  INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY  

2.1. Research Data

2.2. Assumptions

3. EXECUTIVE SUMMARY

3.1. Research Highlights

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Force Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. DENIM FINISHING AGENTS MARKET, BY DENIM TYPE

5.1. Introduction

5.2. Raw Denim

5.3. Cotton Denim

5.4. Sanforized Denim

5.5. Stretch Denim

5.6. Crushed Denim

5.7. Selvedge Denim

5.8. Poly Denim

5.9. Others

6. DENIM FINISHING AGENTS MARKET, BY FINISHING AGENTS

6.1. Introduction

6.2. Bleaching Agents

6.3. Softeners

6.4. Resin Finishing Agent

6.5. Defoamers

6.6. Enzymes

6.7. Anti back Staining Agent

6.8. Others

7. DENIM FINISHING AGENTS MARKET, BY APPLICATION

7.1. Introduction

7.2. Footwear

7.3. Accessories

7.4. Garments

7.5. Homeware

7.6. Others

8. DENIM FINISHING AGENTS MARKET, BY GEOGRAPHY

8.1. Introduction 

8.2. North America

8.2.1. USA

8.2.2. Canada

8.2.3. Mexico

8.3. South America

8.3.1. Brazil

8.3.2. Argentina

8.3.3. Others

8.4. Europe

8.4.1. Germany

8.4.2. France

8.4.3. United Kingdom

8.4.4. Spain

8.4.5. Others

8.5. Middle East And Africa

8.5.1. Saudi Arabia

8.5.2. UAE

8.5.3. Israel

8.5.4. Others

8.6. Asia Pacific

8.6.1. China

8.6.2. Japan

8.6.3. India

8.6.4. South Korea

8.6.5. Indonesia

8.6.6. Taiwan

8.6.7. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Emerging Players and Market Lucrativeness

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Vendor Competitiveness Matrix

10. COMPANY PROFILES 

10.1. AB Enzymes GmbH (Associated British Foods plc)

10.2. Americos Industries Inc.

10.3. BASF SE

10.4. Denimist Chemical Company

10.5. Huntsman Corporation

10.6. Kemin Industries Inc

10.7. Kunal Organics Pvt. Ltd.

10.8. Nearchimica S.p.A.

10.9. Organic Dyes and Pigments LLC

10.10. Rudolf GmbH

10.11. The Seydel Companies Inc.

AB Enzymes GmbH (Associated British Foods plc)

Americos Industries Inc.

BASF SE

Denimist Chemical Company

Huntsman Corporation

Kemin Industries Inc

Kunal Organics Pvt. Ltd.

Nearchimica S.p.A.

Organic Dyes and Pigments LLC

Rudolf GmbH

The Seydel Companies Inc.