Global Textile Chemicals Market is valued at approximately USD 27.72 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 4.6% over the forecast period 2023-2030. Textile chemicals are utilized at different phases of textile processing and production in order to obtain desired features, functions, and performance in textile goods. These chemicals are essential for improving the functioning, look, and quality of fabrics. Various steps of the textile production process, such as fiber production, yarn spinning, fabric manufacture, dyeing, printing, and finishing, include the application of textile chemicals. The increasing consumer demand for clothing, technical textiles, home furnishings, and related items. As the global population continues to grow steadily, the demand for textiles is anticipated to rise, consequently driving the production capacity of the industry. Also, soaring demand for technical textile, coupled with the rising trend towards better home furnishing and aesthetics are further propelling the market growth.
In addition, the surge in demand for sports and activewear is exhibiting a positive influence on the market demand around the world. Sports and activewear require specific performance characteristics such as moisture-wicking, breathability, stretchability, and durability. Textile chemicals play a crucial role in enhancing these performance attributes, ensuring that the apparel meets the functional requirements of athletes and active individuals. According to Statista analysis, the global activewear sectoe was estimated to be worth around USD 366.22 in 2021. Also, it is anticipated that the industry flourishingly grows and likely to generate the revenue of nearly USD 455.42 by 2027. Consequentially, the propelling demand of the activewear or sportswear is creating lucrative demand for Textile Chemicals, which, in turn, augment the market growth during the estimated period. Moreover, the rising adoption of low VOC and biodegradable materials for textile manufacturing, as well as robust growth in textile production in developing economies present various lucrative opportunities over the forecast years. However, the stringent environmental regulations regarding disposal of textile effluents and the cyclic nature of textile industry are challenging the market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Textile Chemicals Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022 owing to the high demand for technical textile, rapid urbanization, and the modernization of both textile and chemical manufacturing processes. As per the World Trade Statistical Review 2021, three of the world's top four apparel exporters in 2020 were situated in the Asia Pacific region-namely, China, Vietnam, and Bangladesh. The increasing production of apparel in this region is anticipated to drive the market for related products in Asia Pacific throughout the forecast period. Whereas, Europe is expected to grow at the highest CAGR over the forecast years. Supportive policies, rising wages, and an increase in employment opportunities are significantly propelling the market demand across the region. Also, favorable government support, the adoption of digitalization and sustainability practices, and the establishment of robust supply chains are fostering the market demand over the forecast period of 2023-2030.
Major market players included in this report are:
- Kiri Industries Ltd.
- OMNOVA Solutions Inc.
- German Chemicals Ltd.
- AB Enzymes
- Organic Dyes and Pigments
- Govi N.V.
- Resil Chemicals Pvt. Ltd.
- LANXESS
- Dow
- BASF SE
Recent Developments in the Market:
- In February 2021, Dow unveiled an advanced, durable water-repellent finishing solution designed to enhance the sustainability of textiles. The DOWSIL IE-8749 Emulsion treatment not only enhances fabric retention but also offers a notable advantage in durability-eliminating the need for frequent heat treatments to restore water repellency performance. Integrating DOWSIL IE-8749 Emulsion treatment into their finishing processes provides textile finishers with enhanced control over the final tactile feel of the fabric.
- In June 2020, Dow introduced an innovative hybrid binder, catering to the formulation of water-borne screen-printing inks. This development facilitates the attainment of superior durability, vibrant color, and enhanced opacity in fabrics composed of both synthetic and natural fibers, catering to the expanding markets of streetwear and sportswear. The DOWSIL Print 041 Textile Printing Ink Binder offers a drop-in, waterborne alternative to conventional textile printing inks, seamlessly combining high performance, cost-effectiveness, and elevated sustainability.
Global Textile Chemicals Market Report Scope:
- Historical Data - 2020 - 2021
- Base Year for Estimation - 2022
- Forecast period - 2023-2030
- Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered - Fiber Type, Product Type, Application, Region
- Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Fiber Type:
- Natural Fiber
- Synthetic Fiber
By Product Type:
- Coating & Sizing Agents
- Colorants & Auxiliaries
- Finishing Agents
- Surfactants
- Desizing Agents
- Bleaching Agents
- Others
By Application:
- Apparel
- Home Textile
- Technical Textile
- Others
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Textile Chemicals Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Textile Chemicals Market, by Fiber Type, 2020-2030 (USD Billion)
- 1.2.3. Textile Chemicals Market, by Product Type, 2020-2030 (USD Billion)
- 1.2.4. Textile Chemicals Market, by Application, 2020-2030 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Textile Chemicals Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Textile Chemicals Market Dynamics
- 3.1. Textile Chemicals Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
- 3.1.1.1. Increasing trend towards better home furnishing and aesthetics
- 3.1.1.2. Surge in demand for sports and activewear
- 3.1.2. Market Challenges
- 3.1.2.1. Stringent environmental regulations regarding disposal of textile effluents
- 3.1.2.2. Cyclic nature of textile industry
- 3.1.3. Market Opportunities
- 3.1.3.1. Rising adoption of low VOC and biodegradable materials for textile manufacturing
- 3.1.3.2. Robust growth in textile production in developing economies
Chapter 4. Global Textile Chemicals Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Impact Analysis
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. COVID-19 Impact Analysis
- 4.7. Disruptive Trends
- 4.8. Industry Expert Perspective
- 4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Textile Chemicals Market, by Fiber Type
- 5.1. Market Snapshot
- 5.2. Global Textile Chemicals Market by Fiber Type, Performance - Potential Analysis
- 5.3. Global Textile Chemicals Market Estimates & Forecasts by Fiber Type 2020-2030 (USD Billion)
- 5.4. Textile Chemicals Market, Sub Segment Analysis
- 5.4.1. Natural Fiber
- 5.4.2. Synthetic Fiber
Chapter 6. Global Textile Chemicals Market, by Product Type
- 6.1. Market Snapshot
- 6.2. Global Textile Chemicals Market by Product Type, Performance - Potential Analysis
- 6.3. Global Textile Chemicals Market Estimates & Forecasts by Product Type 2020-2030 (USD Billion)
- 6.4. Textile Chemicals Market, Sub Segment Analysis
- 6.4.1. Coating & Sizing Agents
- 6.4.2. Colorants & Auxiliaries
- 6.4.3. Finishing Agents
- 6.4.4. Surfactants
- 6.4.5. Desizing Agents
- 6.4.6. Bleaching Agents
- 6.4.7. Others
Chapter 7. Global Textile Chemicals Market, by Application
- 7.1. Market Snapshot
- 7.2. Global Textile Chemicals Market by Application, Performance - Potential Analysis
- 7.3. Global Textile Chemicals Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
- 7.4. Textile Chemicals Market, Sub Segment Analysis
- 7.4.1. Apparel
- 7.4.2. Home Textile
- 7.4.3. Technical Textile
- 7.4.4. Others
Chapter 8. Global Textile Chemicals Market, Regional Analysis
- 8.1. Top Leading Countries
- 8.2. Top Emerging Countries
- 8.3. Textile Chemicals Market, Regional Market Snapshot
- 8.4. North America Textile Chemicals Market
- 8.4.1. U.S. Textile Chemicals Market
- 8.4.1.1. Fiber Type breakdown estimates & forecasts, 2020-2030
- 8.4.1.2. Product Type breakdown estimates & forecasts, 2020-2030
- 8.4.1.3. Application breakdown estimates & forecasts, 2020-2030
- 8.4.2. Canada Textile Chemicals Market
- 8.5. Europe Textile Chemicals Market Snapshot
- 8.5.1. U.K. Textile Chemicals Market
- 8.5.2. Germany Textile Chemicals Market
- 8.5.3. France Textile Chemicals Market
- 8.5.4. Spain Textile Chemicals Market
- 8.5.5. Italy Textile Chemicals Market
- 8.5.6. Rest of Europe Textile Chemicals Market
- 8.6. Asia-Pacific Textile Chemicals Market Snapshot
- 8.6.1. China Textile Chemicals Market
- 8.6.2. India Textile Chemicals Market
- 8.6.3. Japan Textile Chemicals Market
- 8.6.4. Australia Textile Chemicals Market
- 8.6.5. South Korea Textile Chemicals Market
- 8.6.6. Rest of Asia Pacific Textile Chemicals Market
- 8.7. Latin America Textile Chemicals Market Snapshot
- 8.7.1. Brazil Textile Chemicals Market
- 8.7.2. Mexico Textile Chemicals Market
- 8.8. Middle East & Africa Textile Chemicals Market
- 8.8.1. Saudi Arabia Textile Chemicals Market
- 8.8.2. South Africa Textile Chemicals Market
- 8.8.3. Rest of Middle East & Africa Textile Chemicals Market
Chapter 9. Competitive Intelligence
- 9.1. Key Company SWOT Analysis
- 9.1.1. Company 1
- 9.1.2. Company 2
- 9.1.3. Company 3
- 9.2. Top Market Strategies
- 9.3. Company Profiles
- 9.3.1. Kiri Industries Ltd.
- 9.3.1.1. Key Information
- 9.3.1.2. Overview
- 9.3.1.3. Financial (Subject to Data Availability)
- 9.3.1.4. Product Summary
- 9.3.1.5. Recent Developments
- 9.3.2. OMNOVA Solutions Inc.
- 9.3.3. German Chemicals Ltd.
- 9.3.4. AB Enzymes
- 9.3.5. Organic Dyes and Pigments
- 9.3.6. Govi N.V.
- 9.3.7. Resil Chemicals Pvt. Ltd.
- 9.3.8. LANXESS
- 9.3.9. Dow
- 9.3.10. BASF SE
Chapter 10. Research Process
- 10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
- 10.2. Research Attributes
- 10.3. Research Assumption