The global anti-crease agent market size was US$ 783.8 million in 2021. The global anti-crease agent market size is forecast to reach US$ 1224.8 million by 2030, growing at a compound annual growth rate (CAGR) of 5.1% during the forecast period from 2022 to 2030.

An anti-crease agent is a chemical that improves the performance and appearance of finished textiles. Currently, natural or synthetic resins can provide crease resistance to finished textiles. As per the end-user needs, these resins enhance the look and performance. The anti-crease agent market has been growing steadily in recent years. New ingredients and new techniques have improved the performance of anti-crease agents in wrinkle-free fabrics.

Factors Influencing Market Growth

• Some of the factors driving the global market over the forecast period include advanced machines, emerging technologies, fabric innovation, and a huge demand for wrinkle-free or anti-crease fabrics.
• The shifting trends in the fashion & textile industries and the introduction of new manufacturing processes are forecast to boost the global anti-crease agent market growth. 
• Textiles with anti-crease agents suffer from a loss of tensile strength, resulting in easy wear and reduced durability, slowing down the overall market growth.

Impact Analysis of COVID-19

COVID-19 outbreaks adversely affected the growth of the textile industry and other major end-user industries. Several governments worldwide imposed lockdowns in order to curb the spread of COVID-19. Thus, the disruption in the supply chain, lockdown measures, and limited corporate spending hindered the growth of the anti-crease agent market.

Regional Insights

Europe had the largest revenue share of the global market. As a country, Europe is one of the most advanced in adopting new fashion trends. Innovative crease-free fabrics and dynamic trends in fashion are likely to drive the market growth of anti-crease agents in Europe. The large textile industry in Europe is also forecast to drive industry growth.

Asia Pacific is forecast to have the highest CAGR over the forecast period. In emerging nations, the textile industry is forecast to drive the growth of the anti-crease agent industry. Rising urbanization, industrialization, increasing income per capita, shifting fashion trends, and the expansion of the fashion industry in emerging nations are forecast to propel market growth in the region. 

Leading Competitors

The leading prominent companies profiled in the global anti-crease agent market are:

• Finotex
• Golden Technologia Limited
• Kolorjet Chemicals Pvt Limited
• Kunal organics Pvt Limited
• Neochem Technologies
• Prochem
• Sarex Chemicals
• SIAM Pro Dyechem Group
• Zhuhai Lingxiang Chemical Co
• Other Prominent Players

Scope of the Report

The global anti-crease agent market segmentation focuses on Type, Application, Cross-Linking Agent, and Region.

Segmentation based on Type

• Dye-bath lubricant
• Wet processing lubricant

Segmentation based on Application

• Personal Use
• Public Use

Segmentation based on Cross-Linking Agent

• Dimethylol urea (DMU)
• Dimethylol ethylene urea (DMEU)
• dimethylol dihydroxy ethylene urea (DMDHEU)
• Dimethyl propylene urea (DMPU) 
• Trimethylolmelamine (TMM))

Segmentation based on Region

• North America
• The U.S.
• Canada
• Mexico
• Europe
• Western Europe
• The UK
• Germany
• France
• Italy
• Spain
• Rest of Western Europe
• Eastern Europe
• Poland
• Russia
• Rest of Eastern Europe
• Asia Pacific
• China
• India
• Japan
• Australia & New Zealand
• ASEAN
• Rest of Asia Pacific
• Middle East & Africa (MEA)
• UAE
• Saudi Arabia
• South Africa
• Rest of MEA
• South America
• Brazil
• Argentina
• Rest of South America