| Product Code: ETC8636901 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The textile binders import market in Nigeria saw a significant shift in concentration levels from moderate to high in 2024, with top exporting countries including China, India, Germany, South Africa, and South Korea. The sector experienced a sharp decline in compound annual growth rate (CAGR) of -24.59% from 2020 to 2024, with a growth rate of -24.13% specifically in 2023-24. This indicates a challenging landscape for importers, potentially influenced by various economic factors and global market dynamics. Stakeholders may need to adapt strategies to navigate these changing market conditions effectively.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Nigeria Textile Binders Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Textile Binders Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Textile Binders Market - Industry Life Cycle |
3.4 Nigeria Textile Binders Market - Porter's Five Forces |
3.5 Nigeria Textile Binders Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Textile Binders Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Nigeria Textile Binders Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for textile products in Nigeria |
4.2.2 Growth in the textile industry in Nigeria |
4.2.3 Technological advancements in the textile binders sector |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Competition from imported textile binders |
4.3.3 Environmental regulations impacting production processes |
5 Nigeria Textile Binders Market Trends |
6 Nigeria Textile Binders Market, By Types |
6.1 Nigeria Textile Binders Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Textile Binders Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Nigeria Textile Binders Market Revenues & Volume, By Acrylic Copolymer, 2021- 2031F |
6.1.4 Nigeria Textile Binders Market Revenues & Volume, By Polyvinyl Acetate, 2021- 2031F |
6.1.5 Nigeria Textile Binders Market Revenues & Volume, By Vinyl-Acrylate/Acrylic, 2021- 2031F |
6.1.6 Nigeria Textile Binders Market Revenues & Volume, By Styrene-Acrylate, 2021- 2031F |
6.2 Nigeria Textile Binders Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Textile Binders Market Revenues & Volume, By Fabric Coating & Printing, 2021- 2031F |
6.2.3 Nigeria Textile Binders Market Revenues & Volume, By Flocking, 2021- 2031F |
6.2.4 Nigeria Textile Binders Market Revenues & Volume, By Discharge Printing, 2021- 2031F |
6.2.5 Nigeria Textile Binders Market Revenues & Volume, By Others, 2021- 2031F |
7 Nigeria Textile Binders Market Import-Export Trade Statistics |
7.1 Nigeria Textile Binders Market Export to Major Countries |
7.2 Nigeria Textile Binders Market Imports from Major Countries |
8 Nigeria Textile Binders Market Key Performance Indicators |
8.1 Percentage increase in investments in the textile industry in Nigeria |
8.2 Adoption rate of eco-friendly textile binders |
8.3 Number of research and development initiatives focused on improving textile binder technologies |
9 Nigeria Textile Binders Market - Opportunity Assessment |
9.1 Nigeria Textile Binders Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Textile Binders Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Nigeria Textile Binders Market - Competitive Landscape |
10.1 Nigeria Textile Binders Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Textile Binders Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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