Chemical Fiber Oil Market Growth, Size, Share, Trends, and Forecast 2032

Chemical Fiber Oil Market Insights

Zion Market Research has published a report on the global Chemical Fiber Oil Market, estimating its value at USD 178.5 Million in 2023, with projections indicating that it will reach USD 259.66 Million by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 3.8% over the forecast period 2024-2032. The report explores the factors fueling market growth, the hitches that could hamper this expansion, and the opportunities that may arise in the Chemical Fiber Oil Market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.

Request Free Sample

Chemical Fiber Oil Market: Overview

Chemical fiber oil is utilized for reducing fiber & metal friction along with regulating the static charges generated at the time of fiber processing. In addition to this, the product plays a vital role in the production of synthetic fiber. Furthermore, the compound has the ability of applying neatening impact to fiber and make it soft as well as cohesive. It acts as an interface between fiber and surface contact.

Moreover, the product offers protection to the fiber from rough surfaces as well as from hot plates, knitting needles, and guide rolls. In addition to this, its beneficial features such as rust resistance, static charges resistance, viscosity control, emulsification, and non-toxicity have enhanced its popularity. It also possesses non-allergic features and is environment-friendly.

Chemical Fiber Oil Market: Growth Drivers

The surge in low-cost chemical fiber production will boost chemical fiber oil industry trends. With the gradual rise in chemical fiber oil across the developing countries with the thriving fabric sectors, the market is anticipated to expedite in the years to come. A prominent rise in research activities pertaining to chemical fiber production is projected to boost business trends in the upcoming years. The massive use of polyester in fabrics will further proliferate the expansion of the chemical fiber oil market in the foreseeable future.

Apart from this, chemical fiber oil finds a slew of applications in filtration, home furnishing, and automotive sectors. This, in turn, will prompt the expansion of the chemical fiber oil market size in the forecasting timeframe. Technological breakthroughs are likely to result in more production of the compound, thereby steering the market proceeds in the next decade.

Request Free Sample

However, strict laws pertaining to VOC emissions can pose a threat to business growth. Nonetheless, firms are coining new methods to minimize carbon emissions by producing green products, thereby not only mitigating the negative impact of the production of the compounds on the environment but also fulfilling their corporate social responsibility. This will offset the adverse effect caused by hindrances on the market and will contribute notably towards the market value during 2024-2032.

Chemical Fiber Oil Market: Report Scope

Chemical Fiber Oil Market: Regional Landscape

Asia Pacific Market To Record Significant Growth Over 2024-2032

The expansion of the chemical fiber oil industry over the assessment period is due to the thriving fabric industry in the countries such as China, India, and Bangladesh. Moreover, India and China are the global leaders in chemical fiber production. With the massive demand for clothes and the rise in the fashion trends in the region, the cloth manufacturers are expanding their manufacturing base in the region. Low product costs in the region will further add to the expansion of the size of the chemical fiber oil market in the Asia Pacific in the next couple of years.

Chemical Fiber Oil Market: Key Players

Key players profiled in the report include

• Hangzhou Surat
• Transfer
• NICCA
• Archroma
• Henglong Chemical
• Takemoto
• Schill & Seilacher
• Zhejiang Huangma
• Total S.A.
• CHT/BEZEMA
• Synalloy Chemicals
• Zschimmer & Schwarz
• Bozzetto Group
• Dr.Petry
• Jiangyin Chengjiang Chemical
• Pulcra
• Klueber
• Vickers Oils
• Tianjin Textile Auxiliaries
• Jiangsu Dynamic Chemical
• Rudolf GmbH
• Matsumoto Yushi Seiyaku
• Achitex Minerva
• Clearco Products

The global Chemical Fiber Oil Market is segmented as follows:

 By Type   

• Drawn Textured Yarn
• Partially Oriented Yarn
• Fully Drawn Yarn

By Application

• Polyester
• Acrylic
• Nylon

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of The Middle East & Africa