Scouring Agent Market Size

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.