The global textile chemicals market size reached US$ 25.8 Billion in 2023. Looking forward, the market is expected to reach US$ 37.1 Billion by 2032, exhibiting a growth rate (CAGR) of 4.1% during 2023-2032. The rising demand for apparel with trendy designs and prints, increasing preferences for durable and unique clothing items of luxury brands, and the growing adoption of social media influencer marketing by textile and apparel companies represent some of the key factors driving the market.
Textile chemicals are specialized chemical compounds utilized for processing, pretreatment, dyeing, and refining fabrics. They comprise a wide variety of chemical compounds, such as wetting agents, detergents, emulsifiers, sizing components, de-sizing agents, dye carriers, dye retarding or leveling compounds, dye fixing agents, and rubbing fastness improvers.
They also consist of water repellents or proofing agents, such as fluorocarbons (PFAS), synthetic waxes, and silicones. They are primarily incorporated in the scouring, bleaching, and printing steps to improve the overall finish of textiles. They also provide flame, crease, wrinkle, and stain resistance properties to retain the quality and prints on fabrics.
It also offers antimicrobial properties to enhance the performance and lifespan of materials, prevent production of odors, and reduce the occurrence of skin rashes. They deliver a clean white finish to the fabrics by applying optical brightening agents (OBA) of blue, violet, and red tints, which is necessary for creating a blank slate to make vibrant prints and patterns.
Apart from this, the increasing number of consumers investing in durable and unique clothing items of luxury brands and foreign textile companies is contributing to the growth of the market. In addition, the rising preferences of clothing brands to use clean and sustainable bio-based textile chemicals, which are non-toxic in nature and do not cause bioaccumulation in the environment is supporting the market growth.
Moreover, the increasing adoption of textile chemicals in manufacturing various automobile fabrics, such as seat belts, seat covers, and headliners, is bolstering the market growth. In line with this, the growing employment of home décor items, such as curtains, carpets, bedsheets, pillow covers, and sofa covers, is catalyzing the demand for textile chemicals.
Some of the companies covered include Archoma Management GmbH, BASF SE, CHT Group, The Dow Chemical Company, Evonik Industries AG, Huntsman International LLC, Kiri Industries Limited, OMNOVA Solutions Inc. (Synthomer plc), Solvay S.A., Tanatex Chemicals BV (Zhejiang Transfar Co. Ltd.), The Lubrizol Corporation (Berkshire Hathaway Inc.), Wacker Chemie AG, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
2. What is the expected growth rate of the global textile chemicals market during 2024-2032?
3. What are the key factors driving the global textile chemicals market?
4. What has been the impact of COVID-19 on the global textile chemicals market?
5. What is the breakup of the global textile chemicals market based on the fiber type?
6. What is the breakup of the global textile chemicals market based on the product type?
7. What is the breakup of the global textile chemicals market based on application?
8. What are the key regions in the global textile chemicals market?
9. Who are the key players/companies in the global textile chemicals market?
Textile chemicals are specialized chemical compounds utilized for processing, pretreatment, dyeing, and refining fabrics. They comprise a wide variety of chemical compounds, such as wetting agents, detergents, emulsifiers, sizing components, de-sizing agents, dye carriers, dye retarding or leveling compounds, dye fixing agents, and rubbing fastness improvers.
They also consist of water repellents or proofing agents, such as fluorocarbons (PFAS), synthetic waxes, and silicones. They are primarily incorporated in the scouring, bleaching, and printing steps to improve the overall finish of textiles. They also provide flame, crease, wrinkle, and stain resistance properties to retain the quality and prints on fabrics.
It also offers antimicrobial properties to enhance the performance and lifespan of materials, prevent production of odors, and reduce the occurrence of skin rashes. They deliver a clean white finish to the fabrics by applying optical brightening agents (OBA) of blue, violet, and red tints, which is necessary for creating a blank slate to make vibrant prints and patterns.
Textile Chemicals Market Trends:
At present, the increasing employment of textile chemicals due to the escalating demand for apparel with trendy designs and prints represents one of the primary factors influencing the market positively. Besides this, the growing adoption of social media influencer marketing by textile and apparel companies is offering a favorable market outlook. Additionally, there is an increase in the influence of celebrities on fashion styles, which is causing a rapid change in trends across the globe. This, along with the rising emergence of fast fashion brands selling fashionable clothes at affordable prices, is propelling the growth of the market.Apart from this, the increasing number of consumers investing in durable and unique clothing items of luxury brands and foreign textile companies is contributing to the growth of the market. In addition, the rising preferences of clothing brands to use clean and sustainable bio-based textile chemicals, which are non-toxic in nature and do not cause bioaccumulation in the environment is supporting the market growth.
Moreover, the increasing adoption of textile chemicals in manufacturing various automobile fabrics, such as seat belts, seat covers, and headliners, is bolstering the market growth. In line with this, the growing employment of home décor items, such as curtains, carpets, bedsheets, pillow covers, and sofa covers, is catalyzing the demand for textile chemicals.
Key Market Segmentation:
This report provides an analysis of the key trends in each sub-segment of the global textile chemicals market report, along with forecasts at the global, regional and country level from 2024-2032. The report has categorized the market based on fiber type, product type and application.Fiber Type Insights:
- Natural Fiber
- Synthetic Fiber
Product Type Insights:
- Coating and Sizing Chemicals
- Finishing Agents
- Colorants and Auxiliaries
- Surfactants
- Desizing Agents
- Others
Application Insights:
- Home Furnishing
- Apparels
- Industrial Textile
- Automotive Textile
- Others
Regional Insights:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global textile chemicals market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.Some of the companies covered include Archoma Management GmbH, BASF SE, CHT Group, The Dow Chemical Company, Evonik Industries AG, Huntsman International LLC, Kiri Industries Limited, OMNOVA Solutions Inc. (Synthomer plc), Solvay S.A., Tanatex Chemicals BV (Zhejiang Transfar Co. Ltd.), The Lubrizol Corporation (Berkshire Hathaway Inc.), Wacker Chemie AG, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report
1. What was the size of the global textile chemicals market in 2023?2. What is the expected growth rate of the global textile chemicals market during 2024-2032?
3. What are the key factors driving the global textile chemicals market?
4. What has been the impact of COVID-19 on the global textile chemicals market?
5. What is the breakup of the global textile chemicals market based on the fiber type?
6. What is the breakup of the global textile chemicals market based on the product type?
7. What is the breakup of the global textile chemicals market based on application?
8. What are the key regions in the global textile chemicals market?
9. Who are the key players/companies in the global textile chemicals market?
Table of Contents
1 Preface3 Executive Summary11 Value Chain Analysis13 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Textile Chemicals Market
6 Market Breakup by Fiber Type
7 Market Breakup by Product Type
8 Market Breakup by Application
9 Market Breakup by Region
10 SWOT Analysis
12 Porters Five Forces Analysis
14 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- Archroma
- BASF SE
- CHT Group
- Dow Inc.
- Evonik Industries AG
- Huntsman Corporation
- Kiri Industries Limited
- OMNOVA Solutions Inc. (Synthomer plc)
- Solvay S.A.
- Tanatex Chemicals BV (Zhejiang Transfar Co. Ltd.)
- The Lubrizol Corporation (Berkshire Hathaway Inc.)
- Wacker Chemie AG
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 141 |
| Published | September 2024 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value ( USD | $ 25.8 Billion |
| Forecasted Market Value ( USD | $ 37.1 Billion |
| Compound Annual Growth Rate | 4.1% |
| Regions Covered | Global |
| No. of Companies Mentioned | 12 |
