Scouring Agent Market Share

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.