Trichloroisocyanuric Acid Market Segmentation:
End-User Segment Analysis
The textile segment is anticipated to hold 28% share of the global trichloroisocyanuric acid market during the forecast period. One of the most important factors expected to drive market growth over the coming years is the expansion of textile industries worldwide, together with increasing demand for textiles as a result of an ever-growing population. According to the latest statistics, in 2020 there were about 87 million tons of textiles consumed worldwide with an annual growth rate of 4%.
Application Segment Analysis
Trichloroisocyanuric acid market from the bleaching agent is anticipated to have the highest share of about 35% during the forecast period. The textile industry uses trichloroisocyanuric acid very often as a bleaching agent, which is one of the most common and significant uses for it. It is also used for anti-shrink and dyestuff treatment in wool, other than the use as a bleaching agent.
Our in-depth analysis of the global market includes the following segments:
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