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Global Textile Chemicals Market – Industry Trends and Forecast to 2029

  • Chemical and Materials
  • Upcoming Report
  • Mar 2022
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220
  • Chemical and Materials
  • Upcoming Report
  • Mar 2022
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

Global Textile Chemicals Market, By Fiber Type (Natural Fiber, Synthetic Fiber), Product Type (Coating and Sizing Agents, Finishing Agents, Surfactants, Bleaching Agents, Others), Application (Apparel, Home Textile Technical Textile, Others) – Industry Trends and Forecast to 2029.

Textile Chemicals Market

Global Textile Chemicals Market Analysis and Size

Textile chemicals are chemicals that are used to treat textiles at different phases of the production process. The product is critical for getting desirable textile qualities. In the future years, the increasing use of textile chemicals across a variety of industry verticals will boost the overall market's growth. The market will expand as a result of big corporations throughout the world investing heavily in the development of efficient textile chemicals.

  • Data Bridge Market Research analyses that the textile chemicals market was valued at USD 26.5 billion in 2021 and is expected to reach USD 39.75 billion by 2029, registering a CAGR of 5.20% during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.

Global Textile Chemicals Market Definition

Textile chemicals are a diverse group of chemicals used in the clothing manufacturing process. They're frequently used in textile pre-treatment, which includes de-sizing, scouring, bleaching, and mercerizing, as well as dyeing, printing, and finishing. Color, softness, sweat absorption, desirable texture, and finish are all added to fabrics by them. They also give the finished product flame, crease, wrinkle, and stain resistance, as well as antibacterial and water-repellent qualities.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2019 - 2014)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Fiber Type (Natural Fiber, Synthetic Fiber), Product Type (Coating and Sizing Agents, Finishing Agents, Surfactants, Bleaching Agents, Others), Application (Apparel, Home Textile Technical Textile, Others)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Market Players Covered

Dow (US), BASF SE (Germany), Wacker Chemie AG (Germany), Solvay (Belgium), Archroma (Switzerland), Evonik Industries AG (Germany), Huntsman International LLC (US), DowDuPont (US), TANATEX Chemicals B.V. (Netherlands), Rudolf GmbH (Germany), GIOVANNI BOZZETTO S.p.A. (Italy), AkzoNobel NV (Netherlands), Kemin Industries Inc. (US), Covestro AG (Germany), OMNOVA Solutions Inc (US), Croda International Plc (UK), Clariant (Switzerland), Bayer AG (Germany), GIOVANNI BOZZETTO S.p.A (Italy), Buckman (US), The Lubrizol Corporation (US), JAY Chemical Industries Private Limited (India), Univar Solutions Inc. (US), Sumitomo Chemicals Co. Ltd (Japan)

Market Opportunities

  • Increase in the number of emerging markets
  • Rising demand for technical textiles
  • Rising adoption rate of low VOC and biodegradable materials for textile manufacturing

Textile Chemicals Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

Drivers

  • Rise in the adoption of sustainable products for textile manufacturing

As a result of rigorous environmental limitations and a commitment to long-term goals, the majority of textile and chemical firms are transitioning to green chemicals. The growing demand for green textile chemicals has the potential to expand both in developing and developed countries. Therefore as result, increased demand for sustainable products is expected to propel the textile chemical industry forward.

  • Growing demand for textiles in packaging industry

Another element driving the future growth of the worldwide textile chemicals market is rising demand for textiles in packaging industry. Textile chemicals are clearly used as colourants and finishing agents in these packaging materials, which is driving market expansion. As a result, as the demand for technological textiles rises, so will the production rate, boosting the global textile industry's growth.    

Furthermore, increasing level of disposable income and swift urbanization will drive market value growth. The rising demand for improved home furnishing and other household products will influence the growth rate of the textile chemicals market. The growing demand for technical textile is the key elements driving market expansion. Additionally, upsurge in the demand for sports and active wear will enhance the growth rate of textile chemicals market. Also, rapid industrialization and favorable regulations towards the use of eco-friendly products will act as major factors influencing the growth of textile chemicals market. The introduction of advanced technologies, and rising number of population will have positive impact on the growth rate of textile chemicals market.   

Opportunities

  • Rising demand for technical textiles

The rising demand for technical textiles due to favourable government policies and initiatives improving infrastructure spending, chemical manufacturing and others will provide lucrative opportunities for market’s growth.

Moreover, expansion of end-user industries and rising adoption rate of low VOC and biodegradable materials for textile manufacturing will create beneficial opportunities for the growth of the textile chemicals market.

Restraints/ Challenges Global Textile Chemicals Market

However, increasing pollution issues caused by textile dyeing and finishing industry and negative impact of COVID-19 on supply chain will hamper the textile chemicals market’s growth rate. Also, the changing prices of raw materials and rising environmental concerns will further pose challenges to the growth of textile chemicals market. Strict regulations associated with disposal of textile effluents and cyclic nature of textile industry will act as major restrains and further impede the growth rate textile chemicals market.

This textile chemicals market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the textile chemicals market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Textile Chemicals Market

Since the COVID-19 viral outbreak in December 2019, the disease has spread to nearly every country on the planet, prompting the World Health Organization to declare it a public health emergency. One of the few industries that benefit from the COVID-19 pandemic is the textile chemicals industry. The textile sector has traditionally benefited from increased demand for personal protective equipment (PPE). The demand for PPEs in the medical, healthcare, food, and transportation sectors has surged as the epidemic continues to spread. This is also predicted to have a positive impact on the market for textile chemicals.

Recent Development

  • In June 2020, Dow had introduced a new generation hybrid binder for the formulation of water-borne screen printing inks, allowing for improved durability, colour brightness, and opacity in synthetic and natural fiber fabrics for the booming streetwear and sportswear sectors. When compared to conventional textile printing inks, the DOWSIL Print 041 Textile Printing Ink Binder provides drop-in, waterborne alternative formulations, combining great performance, cost-effectiveness, and enhanced sustainability.

Global Textile Chemicals Market Scope

The textile chemicals market is segmented on the basis of fiber type, product type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Fiber Type

On the basis of fiber type, the textile chemicals market is segmented into natural fiber and synthetic fiber. The segment of natural rubber is further sub-segmented into cotton and wool. The segment of synthetic rubber is further sub-segmented into polyester, polyamide, viscose and others.

Product Type

  • Coating and Sizing Agents
  • Finishing Agents
  • Surfactants
  • Bleaching Agents
  • Others

On the basis of product type, the textile chemicals market is segmented into coating and sizing agents, finishing agents, surfactants, bleaching agents and others. The segment of coating and sizing agents is further sub-segmented into wetting agents, defoamers, and others.

Application

  • Apparel
  • Home Textile Technical Textile
  • Others

 On the basis of application, the textile chemicals market is segmented apparel, home textile, technical textile and others. Apparel is further sub-segmented into sportswear, and intimates. Home textile is further sub-segmented into bed linens, and carpet.

Textile Chemicals Market Regional Analysis/Insights

The textile chemicals market is analysed and market size insights and trends are provided by country, fiber type, product type and application as referenced above.

The countries covered in the textile chemicals market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the textile chemicals market and will continue to flourish its trend of dominance due to the presence of cheap labor, swift industrialization and supportive government policies in this region. Additionally, rising exports along with increasing number of population and changing lifestyle will flourish the market demand in this region.

North America and Europe are expected to grow during the forecast period of 2022-2029 due to the growing demand for technical textiles in automotive, construction and healthcare sector in this region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Textile Chemicals Market Share Analysis

The textile chemicals market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to textile chemicals market.

Some of the major players operating in the textile chemicals market are:

  • Dow (US)
  • BASF SE (Germany)
  • Wacker Chemie AG (Germany)
  • Solvay (Belgium)
  • Archroma (Switzerland)
  • Evonik Industries AG (Germany)
  • Huntsman International LLC (US)
  • DowDuPont (US)
  • TANATEX Chemicals B.V. (Netherlands)
  • Rudolf GmbH (Germany)
  • GIOVANNI BOZZETTO S.p.A. (Italy)
  • AkzoNobel NV (Netherlands)
  • Kemin Industries Inc. (US)
  • Covestro AG (Germany)
  • OMNOVA Solutions Inc (US)
  • Croda International Plc (UK)
  • Clariant (Switzerland)
  • Bayer AG (Germany)
  • GIOVANNI BOZZETTO S.p.A (Italy)
  • Buckman (US)
  • The Lubrizol Corporation (US)
  • JAY Chemical Industries Private Limited (India)
  • Univar Solutions Inc. (US)
  • Sumitomo Chemicals Co. Ltd (Japan)     

Research Methodology : Global Textile Chemicals Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The stage includes the obtainment of market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analyzed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis.

To know more about the research methodology, drop in an inquiry to speak to our industry experts 

https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-textile-chemicals-market


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Frequently Asked Questions

The Market Value for Textile Chemicals Market is expected USD 39.75 billion by 2029.
The Textile Chemicals Market is to Grow at a CAGR of 5.20% During the Forecast Period of 2022 to 2029.
Dow (US), BASF SE (Germany), Wacker Chemie AG (Germany), Solvay (Belgium), Archroma (Switzerland), Evonik Industries AG (Germany), Huntsman International LLC (US), DowDuPont (US), TANATEX Chemicals B.V. (Netherlands), Rudolf GmbH (Germany) are the Major Companies Operating in Textile Chemicals Market.
The Countries Covered in the Textile Chemicals Market Report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
The Textile Chemicals Market Report Curated by the Data Bridge Market Research Team Includes In-Depth Expert Analysis, Patient Epidemiology, Pipeline Analysis, Pricing Analysis, and Regulatory Framework.