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Scouring Agent Market size was valued at USD 3.83 billion in 2023 and is likely to reach USD 7.59 billion by 2036, registering around 5.4% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of scouring agent is assessed at USD 4 billion. The primary growth factor of the scouring agent market in the forecast period is the expansion of textile industry. It has been estimated that the global textile industry accounted around USD 910 billion in 2018. It is further projected to reach approximately USD 1,220 billion by 2024, with a steady CAGR of nearly 6%.
The main purpose of scouring agent is to remove soluble and insoluble impurities found in fabrics. This process of removable of waxes, oils, gums, and other impurities through a scouring agent reduces trouble in dyeing and finishing. Additionally, the scouring process helps in making the textiles water absorbent and the hydrophobic character is removed. Therefore, the prevalence of high number of textile manufacturers is anticipated to bolster the usage of scouring agents in the industry for cleaning fabrics in the upcoming years. It is estimated that in 2021, the number of textile and cloth manufacturing companies in the European Union was totaled to be 142,500.
Growth Drivers
Challenges
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Base Year |
2023 |
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Forecast Year |
2024-2036 |
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CAGR |
5.4% |
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Base Year Market Size (2023) |
USD 3.38 billion |
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Forecast Year Market Size (2036) |
USD 7.59 billion |
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Regional Scope |
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The scouring agent market is segmented and analyzed for demand and supply by function into sizing agent, stains agent, lubricating agent, alkali-resistant agent, mercerizing agent, penetrating agent and wax removing agent. Out of these, the sizing agent is attributed to garner the highest revenue by 2036. High consumption of starch and polyvinyl alcohol, the two most important materials used in textile sizing is expected to fuel the market growth. Recently, it was calculated that global consumption of polyvinyl alcohol (PVOH) is forecasted to grow at a rate of 4.7% from 2021 to 2026. Further, the production volume of starch in India was accounted to be 690 thousand metric tons during the fiscal year 2018.
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By Type |
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By Function |
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Regionally, the global scouring agent market is studied into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Asia Pacific industry is anticipated to dominate majority revenue share by 2036, impelled by rising population along with their increasing demand and manufacturing of textiles. The recent statistics revealed that China was the top-ranked global textile exporter in 2021 with a value of approximately USD 118.5 billion, almost 52% of the total textile export market in Asia. Bangladesh is also a leading textile exporter with a value around USD 39 billion. Another growth factor of the scouring agent market is the high involvement of the population in the clothing industry. According to the International Labor Organization, in 2019 around 65 million people were employed in the garment sector in Asia-Pacific, which accounted for 75% of all garment workers worldwide.
The Dow Chemical Company has entered into a new engagement with BSB Nanotechnology Joint Stock Company, the world's first producer of premium rice husk-based specialty silica. This engagement is expected to accelerate the company’s commitment towards a bio-based offering.
Huntsman International LLC has introduced the breakthrough ERIOPON E3-SAVE dyeing auxiliary that will support the “single-bath scour-dye-reduction clear concept” and offer the shortest possible processing cycle for polyester thus saving time, water, energy and cost.
Author Credits: Rajrani Baghel
Copyright © 2024 Research Nester. All Rights Reserved
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