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Anti-Migrating Agent Market worth $224 million by 2029 - Exclusive Report by MarketsandMarkets™


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MarketsandMarkets

03 Jul, 2024, 10:00 GMT

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CHICAGO, July 3, 2024 /PRNewswire/ -- The report "Anti-Migrating Agent Market by Type (Non-ionic, Anionic, Cationic, Amphoteric), Grades (Technical, Food, Pharmaceutical), Application, Chemistry (Organic, Inorganic), End-Use Industry (Textile, Plastics, Paper), and Region - Global Forecast to 2029", size is projected to reach USD 224 million by 2029 from USD 159 million in 2024, at a CAGR of 7.0% during the forecast period. The major drivers for the anti-migrating market are burgeoning demand in the textile industry, the rise in digital printing applications, and the increased focus on high-quality, durable products. The textile industry relies heavily on anti-migrating agents to ensure color fastness and prevent dye migration, which is critical for maintaining the quality and appeal of textiles. As textile markets expand globally, the need for effective anti-migrating agent continues to grow.

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Browse in-depth TOC on "Anti-Migrating Agent Market"

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The amphoteric agent type is the fastest growing type, in terms of value, during the forecast period.

The amphoteric agent segment is estimated to be the fastest-growing product type in the anti-migrating market due to its versatile nature. Amphoteric agents, which can carry both positive and negative charges depending on the pH, offer versatility in their application. This adaptability makes them suitable for processes that require stability across varying pH levels. Amphoteric agents are often used in complex textile treatments and specialty coatings where pH variations can occur.

Based on application, digital printing is the fastest growing application in terms of value in the anti-migrating market.

Digital printing application is the fastest-growing application in anti-migrating market due to the high demand for high-quality digital prints on fabrics and other materials has surged with advancements in printing technology. Anti-migrating agent ensures that the inks used in digital printing do not spread or blur, providing sharp and clear images. This application is particularly important in the fashion industry, custom apparel, and home textiles where precise and vibrant prints are highly valued.

Based on chemistry, the organic segment is the second fastest growing chemistry in the anti-migrating market.

Organic chemistry is estimated to be the second fastest growing end-use industry of the anti-migrating market, due to the growing demand from textile and printing industries. One of the major advantages of organic anti-migrating agents is their biodegradability and lower environmental impact compared to inorganic agents. This characteristic aligns with the growing demand for eco-friendly solutions in various industries. However, organic agents can sometimes be less stable under extreme conditions, such as high temperatures or strong chemical exposure, which can limit their application in certain scenarios.

Based on source, natural segment the is the fastest growing source in the anti-migrating market.

The natural segment is estimated to be the fastest-growing source in the anti-migrating market, due to the growing demand for eco-friendly products. Natural anti-migrating agents, derived from natural materials like plant extracts, biopolymers, and other renewable resources, these agents provide an environmentally sustainable solution that meets the growing demand for green and sustainable textile production. These agents are biodegradable and typically have a lower environmental impact compared to their synthetic counterparts. Incorporating these agents allows the textile industry to enhance the quality and durability of dyed fabrics while supporting sustainable and eco-friendly manufacturing practices.

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Based on grade, pharma grade is estimated to be the fastest-growing segment of the anti-migrating market.

The pharma grade is estimated to be the fastest growing grade in the anti-migrating market. These agents are used to prevent the unwanted migration of active pharmaceutical ingredients (APIs) or excipients during the manufacturing and storage processes of various pharmaceutical products, including tablets, capsules, and topical formulations. Formulated with high purity and consistency, pharma-grade anti-migrating agents ensure the stability and uniform distribution of APIs within the product, which is critical for maintaining efficacy and safety. They are developed to comply with regulatory requirements set by authorities such as the FDA and EMA, ensuring that they are free from contaminants and impurities.

Based on end-use industry, textile end-use industry is estimated to be the fastest-growing segment of the anti-migrating market.

The textile industry is estimated to be the fastest growing end-use industry of the anti-migrating market, due to the increasing consumer demand for high-quality, durable textiles and the rise of e-commerce. Additionally, advancements in textile manufacturing technologies, such as digital printing and sustainable dyeing processes, are further boosting the demand for effective anti-migrating agent. Moreover, the textile industry increasingly demands sustainable and environmentally friendly solutions. Many modern anti-migrating agents are developed to be biodegradable and non-toxic, aligning with the industry's move towards greener practices. This not only helps in reducing the environmental impact of textile production but also meets consumer preferences for eco-friendly products.

Asia Pacific is the fastest growing region, in terms of value, during the forecast period in the anti-migrating market.

Asia Pacific represents the fastest-growing region in the anti-migrating market during the forecast period due to its robust industrial base, particularly in textiles. Countries like China, India, and Bangladesh are major global players in textile manufacturing, producing vast quantities of garments and fabrics that require high-quality dyeing and printing processes. The textile industry's growth in these countries necessitates the extensive use of anti-migrating agent to ensure the quality and durability of textile products. Additionally, the increasing adoption of digital printing technologies in Asia Pacific is boosting the demand for anti-migrating agents. Digital printing requires precise control over dye and pigment behavior to achieve high-resolution prints, making anti-migrating agents essential. China's leadership in technology adoption and innovation in manufacturing processes further supports this trend.

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Market Players

Some of the key players in the global anti-migrating market are SNF (Germany), Rudolf GmbH (Indonesia), Zschimmer & Schwarz Holding GmbH & Co KG (Germany), Sarex Chemicals (India), Archroma (Switzerland) and others. These players have adopted various strategies such as mergers & acquisitions, joint ventures, and expansion to strengthen their market position.

Browse Adjacent Market: Specialty Chemicals Market Research Reports

Related Reports:

TEXTILE CHEMICALS MARKET - Global Forecast to 2026

FABRIC FINISHING CHEMICALS MARKET - Global Forecast to 2024

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

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Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
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