Global Textile Chemical Market: Market Estimation, Dynamics, Trends, Competitor Analysis 2015-2020 and Forecast 2021-2027

$ PRICE - $ 3,000.00$ 8,900.00

Textile Chemicals Market: By Product Type (Coating and Sizing Chemicals, Finishing Agents, Colorants and Auxiliaries, Surfactants, Desizing Agents, Yarn Lubricants, Bleaching Agents), Application (Home Furnishing, Apparels, Industrial and Others) & Geography

$ PRICE - $ 3,000.00$ 8,900.00
Clear selection
Clear
$ PRICE - $ 3,000.00$ 8,900.00
FacebookTwitterLinkedinEmail

Report

Description

Global Textile Chemical Market was valued at USD 26.6 billion in 2021 and is anticipated to grow at USD 33.2 billion by 2027, at a CAGR of 4.7% from 2021 to 2027. Textile chemicals are used to give materials certain attributes like sweat absorbency, antibacterial properties, wrinkle resistance, stain resistance, and the desired texture and finish. However, toxic compounds released throughout the manufacturing process could endanger the environment and human health. Contamination and water scarcity caused by the textile industry’s rapid expansion are projected to result in strict restrictions on the use of these chemicals. India is the world’s second-largest textile exporter. Several dye plants in China have been forced to close due to strict environmental laws. As a result, Indian companies have been able to break into the international market. Various government initiatives are being implemented to promote textile industry in the country. The Maharashtra state government took one of the measures by establishing nine textile parks to help the domestic manufacturing sector. The majority of Indian firms have moved their attention to investing in product innovation, which is aided by the government’s Make in India initiative. The aspiring youth, who make up the majority of the Indian population, are primarily responsible for the desire for garments with a variety of textures and styles. Over the projected period, rising consumer disposable income combined with an increase in the adoption of casual apparel is expected to boost clothing demand. Environmental worries over textile chemicals have turned large manufacturing businesses’ attention to green (bio-based) chemicals, which are environmentally beneficial. Green chemicals are made from animal and plant fats/oils, making them both environmentally benign and cost-effective when compared to their traditional equivalents. Because low-cost feedstock is readily available, companies that produce bio-based chemicals can compete on price. Some of the key factors fueling the market growth include evolution of environmental friendly chemicals required by textiles industries, increase in demand for home furnishing products, on-going advancements in the textile chemicals, rise in development of apparel consumption, growing adoption of low VoC and biodegradable materials for textile manufacturing. However, fluctuating prices of raw materials and stringent environmental regulations regarding disposal of textile effluents are hindering the market growth. There are number of raw materials used in textile industry. Some of the raw materials include oxalic acid, polyvinyl chloride (PVC), sulfuric acid, acetic acid, peroxide, polychloroprene (neoprene) and polytetrafluoroethylene (PTFE). Surfactants and phenols are other materials which are also used in the industry and prices of these raw materials are fluctuating which poses a challenge to the market players to attain profitability and economies of scale. Global textile chemical market is surging owing to frequent acquisitions and launchings by the market players. For Instance, in May 2019, Archroma launched Appretan® NTR, a water-based textile coating binder based on renewable natural ingredients. In addition, the unique chemistry of this binder makes it resistant to water, mild solvents, oil and fat, and it also provides an increase in dry and wet tensile strength.

 


Global Textile Chemical Market

MARKET SUMMARY
-
4.7%
  • Study Period– 2021-2027
  • Base Year– 2020
  • CAGR– 4.7%
  • Largest Market–Asia-Pacific
  • Fastest Growing Market– North America

Textile Chemical Market

  • The report on global textile chemical market gives historical, current, and future market sizes (US$ Bn) on the basis of product type, application and region.
  • This report studies global textile chemical market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market.
  • In addition, global textile chemical market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition.
  • Moreover, PBI analyzed global textile chemical market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities).
  • Key stakeholders of the global textile chemical market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global textile chemical products.
Market Key Players
  • Archroma
  • Bozzetto Group
  • DowDuPont
  • DyStar Group
  • Evonik Industries
  • Huntsman
  • Pulcra Chemicals
  • Rudolf Group
  • Sumitomo Chemical
  • Tanatex Chemicals
  • Wacker Chemie AG
Growth

Global Textile Chemical Market

The technical textile sector is one of the most emerging and inventive industries of the world. The demand for technical textiles will be driven by the rapid industrialization, robust growth in construction and infrastructure projects, increasing automobile production, and rising demand from the healthcare sector. Textiles require a range of treatment processes before reaching the end-user. Textile chemicals are specialty chemicals used during dyeing and processing of textiles to impart desired properties to the end product. For instance, finishing agents are commonly used for managing stains and wrinkles before supplying textiles to market. Along with the product innovations and developments the demand for technical textiles is also growing with newer applications and growth of end user industries. A large part of demand for technical textiles comes from various end-use industries such as automotive, sports equipment and sportswear, environmental protection, construction, healthcare, packaging, clothing, and agriculture.


Asia-Pacific Got Significant Share

Textile Chemical Market

Global textile chemical market report gives comprehensive outlook on textile chemical across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Asia Pacific accounted for larger revenue share in global textile chemical market with considerable CAGR. The growth in this region can be attributed to introduction of latest technologies due to low production cost. Also, China is the major contributor for the market growth in the region as it is the largest producer and consumer of textile chemicals and it also exports these chemicals to developed regions like Europe and North America. Moreover, North America held significant market share during estimated period as there is an increased consumption of textile chemicals for application during various stages of fabric processing.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2015 to 2020) and forecast (2021 to 2027)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

Key

Key Findings of the Report

Textile Chemical Market Segmentation


Location

GEOGRAPHY


Report

Table Of Content

Table of Content

  1. Executive Summary
  2. Global Textile Chemical Market Introduction
    • Global Textile Chemical Market – Taxonomy
    • Global Textile Chemical Market –Definitions
      • Product Type
      • Application
  1. Global Textile Chemical Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Textile Chemical Market Dynamic Factors – Impact Analysis
    • Global Textile Chemical Market – Competition Landscape
  2. Global Textile Chemical Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025
    • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  3. Global Textile Chemical Market, By Product Type, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
    • Coating and Sizing Chemicals
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Finishing Agents
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Colorants and Auxiliaries
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Surfactants
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Desizing Agents
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Yarn Lubricants
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Bleaching Agents
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Textile Chemical Market, By Application, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
    • Home Furnishing
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Apparels
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Industrial and Others
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Textile Chemical Market Forecast, By Region, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
    • North America
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Textile Chemical Market – Opportunity Analysis Index, By Product Type, Application and Region, 2019 – 2025
  2. North America Textile Chemical Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
    • Product Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Coating and Sizing Chemicals
      • Finishing Agents
      • Colorants and Auxiliaries
      • Surfactants
      • Desizing Agents
      • Yarn Lubricants
      • Bleaching Agents
    • Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Home Furnishing
      • Apparels
      • Industrial and Others
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • US.
      • Canada
    • North America Textile Chemical Market – Opportunity Analysis Index, By Product Type, Application and Country, 2019 – 2025
    • North America Textile Chemical Market Dynamics – Trends
  3. Europe Textile Chemical Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
    • Product Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Coating and Sizing Chemicals
      • Finishing Agents
      • Colorants and Auxiliaries
      • Surfactants
      • Desizing Agents
      • Yarn Lubricants
      • Bleaching Agents
    • Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Home Furnishing
      • Apparels
      • Industrial and Others
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Russia
      • Poland
      • Rest of Europe
    • Europe Textile Chemical Market – Opportunity Analysis Index, By Product Type, Application and Country, 2019 – 2025
    • Europe Textile Chemical Market Dynamics – Trends
  4. Asia-Pacific Textile Chemical Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
    • Product Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Coating and Sizing Chemicals
      • Finishing Agents
      • Colorants and Auxiliaries
      • Surfactants
      • Desizing Agents
      • Yarn Lubricants
      • Bleaching Agents
    • Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Home Furnishing
      • Apparels
      • Industrial and Others
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Japan
      • China
      • India
      • ASEAN
      • Australia & New Zealand
      • Rest of Asia-Pacific
    • Asia-Pacific Textile Chemical Market – Opportunity Analysis Index, By Product Type, Application and Country, 2019 – 2025
    • Asia-Pacific Textile Chemical Market Dynamics – Trends
  5. Latin America Textile Chemical Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
    • Product Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Coating and Sizing Chemicals
      • Finishing Agents
      • Colorants and Auxiliaries
      • Surfactants
      • Desizing Agents
      • Yarn Lubricants
      • Bleaching Agents
    • Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Home Furnishing
      • Apparels
      • Industrial and Others
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Venezuela
      • Rest of Latin America
    • Latin America Textile Chemical Market – Opportunity Analysis Index, By Product Type, Application and Country, 2019 – 2025
    • Latin America Textile Chemical Market Dynamics – Trends
  6. Middle East and Africa Textile Chemical Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
    • Product Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Coating and Sizing Chemicals
      • Finishing Agents
      • Colorants and Auxiliaries
      • Surfactants
      • Desizing Agents
      • Yarn Lubricants
      • Bleaching Agents
    • Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Home Furnishing
      • Apparels
      • Industrial and Others
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Gulf Cooperation Council (GCC) Countries
      • Israel
      • South Africa
      • Rest of MEA
    • MEA Textile Chemical Market – Opportunity Analysis Index, By Product Type, Application and Country, 2019 – 2025
    • MEA Textile Chemical Market Dynamics – Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Product Type & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • Archroma (Switzerland)
      • Bozzetto Group (Italy)
      • DowDuPont (US)
      • DyStar Group (Singapore)
      • Evonik Industries (Germany)
      • Huntsman (US)
      • Pulcra Chemicals (U.S)
      • Rudolf Group (Germany)
      • Sumitomo Chemical (Japan)
      • Tanatex Chemicals (Netherlands)
      • Wacker Chemie AG (Germany)
  1. Research Methodology
  2. Key Assumptions and Acronyms

Report

Company Profile

  • Archroma
  • Bozzetto Group
  • DowDuPont
  • DyStar Group
  • Evonik Industries
  • Huntsman
  • Pulcra Chemicals
  • Rudolf Group
  • Sumitomo Chemical
  • Tanatex Chemicals
  • Wacker Chemie AG

Description

Global Textile Chemical Market was valued at USD 26.6 billion in 2021 and is anticipated to grow at USD 33.2 billion by 2027, at a CAGR of 4.7% from 2021 to 2027. Textile chemicals are used to give materials certain attributes like sweat absorbency, antibacterial properties, wrinkle resistance, stain resistance, and the desired texture and finish. However, toxic compounds released throughout the manufacturing process could endanger the environment and human health. Contamination and water scarcity caused by the textile industry’s rapid expansion are projected to result in strict restrictions on the use of these chemicals. India is the world’s second-largest textile exporter. Several dye plants in China have been forced to close due to strict environmental laws. As a result, Indian companies have been able to break into the international market. Various government initiatives are being implemented to promote textile industry in the country. The Maharashtra state government took one of the measures by establishing nine textile parks to help the domestic manufacturing sector. The majority of Indian firms have moved their attention to investing in product innovation, which is aided by the government’s Make in India initiative. The aspiring youth, who make up the majority of the Indian population, are primarily responsible for the desire for garments with a variety of textures and styles. Over the projected period, rising consumer disposable income combined with an increase in the adoption of casual apparel is expected to boost clothing demand. Environmental worries over textile chemicals have turned large manufacturing businesses’ attention to green (bio-based) chemicals, which are environmentally beneficial. Green chemicals are made from animal and plant fats/oils, making them both environmentally benign and cost-effective when compared to their traditional equivalents. Because low-cost feedstock is readily available, companies that produce bio-based chemicals can compete on price. Some of the key factors fueling the market growth include evolution of environmental friendly chemicals required by textiles industries, increase in demand for home furnishing products, on-going advancements in the textile chemicals, rise in development of apparel consumption, growing adoption of low VoC and biodegradable materials for textile manufacturing. However, fluctuating prices of raw materials and stringent environmental regulations regarding disposal of textile effluents are hindering the market growth. There are number of raw materials used in textile industry. Some of the raw materials include oxalic acid, polyvinyl chloride (PVC), sulfuric acid, acetic acid, peroxide, polychloroprene (neoprene) and polytetrafluoroethylene (PTFE). Surfactants and phenols are other materials which are also used in the industry and prices of these raw materials are fluctuating which poses a challenge to the market players to attain profitability and economies of scale. Global textile chemical market is surging owing to frequent acquisitions and launchings by the market players. For Instance, in May 2019, Archroma launched Appretan® NTR, a water-based textile coating binder based on renewable natural ingredients. In addition, the unique chemistry of this binder makes it resistant to water, mild solvents, oil and fat, and it also provides an increase in dry and wet tensile strength.

 

ASIA PACIFIC OFFICE

Precision Business Insights, 5th Floor, Mohan’s Elite, Opp : Bharat Petroleum Pump, Khanamet Road, Hitech City, Hyderabad – 500084

EUROPE OFFICE

Precision Business Insights, Kemp House, 152 – 160 City Road, London EC1V 2NX