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Textile Chemicals Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Publisher Fortune Business Insights Pvt. Ltd.
Published Dec 01, 2024
Length 190 Pages
SKU # FOB19410825

Description

Textile Chemicals Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032



Growth Factors of Textile Chemicals Market

The textile chemicals market size was valued at USD 20.67 billion in 2019, and the market is now projected to be USD 26.97 billion by 2027, exhibiting a CAGR of 3.5% during the forecast period of 2024-2032.

The COVID-19 pandemic created significant barriers on the textile chemicals market growth. The growth-rate declined because of the reduction in demand for the product. The pandemic has exaggerated business as well as the manufacturing industries. The lack of the resources and restriction in the transportation system had halted production units. The components cost of the construction project and shortage of workers due to the lockdown has hindered the market growth.

The textile chemicals market share globally has been amplified due to the rising awareness regarding the benefits of textile chemistry. It is a extremely specialized field as it applies the principle of chemistry. This is divided into dyeing and finishing fiber and polymers. The increasing demand from customers for enhanced quality and functionality are becoming pivotal elements in the apparel industry. These chemicals are capable of widening the scope of the product. The multiple functions of these chemicals are offering efficiency and quality finished items are propelling the market growth.

The market trend is the adoption of sustainable products in textile manufacturing in boosting the market growth. The strict environmental regulations for sustainable goals are shifting their inclination towards the green chemicals. Hence, they are attracting the many companies to utilize these products to enhance the market growth.

Comprehensive Analysis of Textile Chemicals Market

The textile chemicals market and chemicals & advanced materials industry is rising at an exponential rate due to its market segmentation. This market expansion effectively provides a thorough regional evaluation considering the dominant supply and demand forces that impact the chemicals & advanced materials industry. These segmentations are methodically segregated by product type, and application. The product types include coating & sizing chemicals, colorant & auxiliaries, finishing agents, surfactants, desizing agents, and others. However, the applications are such as home furnishing, apparel and technical textiles.

The Asia Pacific region is conducive to the global textile chemicals market, leading to a recall of USD 14.08 billion due to the existence of major textile manufacturers and bulk availability of raw materials along with low-cost labors are propelling the market growth.

The top players in the market play a critical role in the chemicals & advanced materials industry assuring industrial prospectus growth and setting market standards. These players include Archroma (Switzerland), Huntsman Corporation (USA), Rudolf GmbH (Germany), DIC Corporation (Japan), Kiri Industries Ltd. (India), Covestro AG (Germany), Omnova Solutions Inc. (USA), Lubrizol Corporation (USA), Solvay S.A. (Belgium), Evonik Industries AG (Germany), Tanatext Chemicals (Netherlands), NICCA Chemical Co. Ltd. (Japan), Kemin Industries Inc. (USA), JINTEX Ltd. (Taiwan), and Sarex Chemicals (India), these market players provide a level-playing competitive landscape.

In June 2019, Croda International signed a commercial agreement with Microban. Through this contract, it offered its antimicrobial and odor control technologies in India and the Indonesian market. The product consists of Microban’s Scentry, AEGIS, Scentry Revive, and SilverShield. The aim of this agreement, both companies are looking to explore new opportunities in the textile industry.

Global Textile Chemicals Market Scope

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2016-2027

Base Year 2019

Forecast Period 2020-2027

Historical Period 2016-2018

Unit Value (USD Billion) Volume (Kilo Tons)

By Product Type

Coating & Sizing Chemicals

Colorant & Auxiliaries

Finishing Agents

Surfactants

De-sizing Agents

Others

By Application

Apparel

Home Furnishing

Technical Textiles

By Region

North America (U.S. and Canada)

Europe (Germany, UK, France, Italy and Rest of Europe)

Asia Pacific (China, India, South Korea, ASEAN and Rest of Asia Pacific)

Latin America (Brazil, Mexico, and Rest of Latin America)

Middle East& Africa (Middle East and Africa)


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Table of Contents

190 Pages
1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Acronym Section
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1. Latest Technological Advancements
4.2. Insights on Regulatory Scenario
4.3. Porters Five Forces Analysis
5. Qualitative Insights – Impact of COVID-19 on the Global Textile Chemicals Market
5.1. Supply Chain Challenges
5.2. Steps taken by Government/Companies to overcome this impact
5.3. Potential opportunities due to COVID-19 outbreak
6. Global Textile Chemicals Market Analysis, Insights and Forecast – By Product Type, 2016-2027
6.1. Key Findings / Summary
6.2. Market Analysis, Insights and Forecast – By Product Type
6.2.1. Coating & Sizing Chemicals
6.2.2. Colorant & Auxiliaries
6.2.3. Finishing Agents
6.2.4. Surfactants
6.2.5. De-Sizing Agents
6.2.6. Others
7. Global Textile Chemicals Market Analysis, Insights and Forecast – By Application, 2016-2027
7.1. Key Findings / Summary
7.2. Market Analysis, Insights and Forecast – By Application
7.2.1. Apparel
7.2.2. Home Furnishing
7.2.3. Technical Textiles
8. Global Textile Chemicals Market Analysis, Insights and Forecast – By Region, 2016-2027
8.1. Key Findings / Summary
8.2. Market Analysis, Insights and Forecast – By Region
8.2.1. North America
8.2.2. Europe
8.2.3. Asia Pacific
8.2.4. Latin America
8.2.5. Middle East & Africa
9. North America Textile Chemicals Market Analysis, Insights and Forecast, 2016-2027
9.1. Key Findings / Summary
9.2. Market Analysis – By Product Type
9.2.1. Coating & Sizing Chemicals
9.2.2. Colorant & Auxiliaries
9.2.3. Finishing Agents
9.2.4. Surfactants
9.2.5. De-Sizing Agents
9.2.6. Others
9.3. Market Analysis – By Application
9.3.1. Apparel
9.3.2. Home Furnishing
9.3.3. Technical Textiles
9.4. Market Analysis – By Country
9.4.1. U.S.
9.4.2. Canada
10. Europe Textile Chemicals Market Analysis, Insights and Forecast, 2016-2027
10.1. Key Findings / Summary
10.2. Market Analysis – By Product Type
10.2.1. Coating & Sizing Chemicals
10.2.2. Colorant & Auxiliaries
10.2.3. Finishing Agents
10.2.4. Surfactants
10.2.5. De-Sizing Agents
10.2.6. Others
10.3. Market Analysis – By Application
10.3.1. Apparel
10.3.2. Home Furnishing
10.3.3. Technical Textiles
10.4. Market Analysis – By Country
10.4.1. Italy
10.4.2. Germany
10.4.3. U.K.
10.4.4. Rest of Europe
11. Asia Pacific Textile Chemicals Market Analysis, Insights and Forecast, 2016-2027
11.1. Key Findings / Summary
11.2. Market Analysis – By Product Type
11.2.1. Coating & Sizing Chemicals
11.2.2. Colorant & Auxiliaries
11.2.3. Finishing Agents
11.2.4. Surfactants
11.2.5. De-sizing Agents
11.2.6. Others
11.3. Market Analysis – By Application
11.3.1. Apparel
11.3.2. Home Furnishing
11.3.3. Technical Textiles
11.4. Market Analysis – By Country
11.4.1. China
11.4.2. India
11.4.3. South Korea
11.4.4. Rest of Asia Pacific
12. Latin America Textile Chemicals Market Analysis, Insights and Forecast, 2016-2027
12.1. Key Findings / Summary
12.2. Market Analysis – By Product Type
12.2.1. Coating & Sizing Chemicals
12.2.2. Colorant & Auxiliaries
12.2.3. Finishing Agents
12.2.4. Surfactants
12.2.5. De-Sizing Agents
12.2.6. Others
12.3. Market Analysis – By Application
12.3.1. Apparel
12.3.2. Home Furnishing
12.3.3. Technical Textiles
12.4. Market Analysis – By Country
12.4.1. Brazil
12.4.2. Mexico
12.4.3. Rest of Latin America
13. Middle East & Africa Textile Chemicals Market Analysis, Insights and Forecast, 2016-2027
13.1. Key Findings / Summary
13.2. Market Analysis – By Product Type
13.2.1. Coating & Sizing Chemicals
13.2.2. Colorant & Auxiliaries
13.2.3. Finishing Agents
13.2.4. Surfactants
13.2.5. De-Sizing Agents
13.2.6. Others
13.3. Market Analysis – By Application
13.3.1. Apparel
13.3.2. Home Furnishing
13.3.3. Technical Textiles
13.4. Market Analysis – By Country
13.4.1. South Africa
13.4.2. Rest of Middle East & Africa
14. Competitive Analysis
14.1. Company Market Share Analysis, By Key Players, 2019
14.2. Company Profiles (Overview, Products & Services, Recent Developments, Strategies, Financials (based on availability))
14.2.1. Covestro AG
14.2.1.1. Overview
14.2.1.2. Products & Services
14.2.1.3. Recent Developments
14.2.1.4. Strategies
14.2.1.5. Financials
14.2.2. DIC Corporation
14.2.2.1. Overview
14.2.2.2. Products & Services
14.2.2.3. Recent Developments
14.2.2.4. Strategies
14.2.2.5. Financials
14.2.3. Huntsman Corporation
14.2.3.1. Overview
14.2.3.2. Products & Services
14.2.3.3. Recent Developments
14.2.3.4. Strategies
14.2.3.5. Financials
14.2.4. Omnova Solutions Inc.
14.2.4.1. Overview
14.2.4.2. Products & Services
14.2.4.3. Recent Developments
14.2.4.4. Strategies
14.2.4.5. Financials
14.2.5. Archroma
14.2.5.1. Overview
14.2.5.2. Products & Services
14.2.5.3. Recent Developments
14.2.5.4. Strategies
14.2.5.5. Financials
14.2.6. Lubrizol Corporation
14.2.6.1. Overview
14.2.6.2. Products & Services
14.2.6.3. Recent Developments
14.2.6.4. Strategies
14.2.6.5. Financials
14.2.7. Evonik Industries
14.2.7.1. Overview
14.2.7.2. Products & Services
14.2.7.3. Recent Developments
14.2.7.4. Strategies
14.2.7.5. Financials
14.2.8. Kiri Industries Ltd.
14.2.8.1. Overview
14.2.8.2. Products & Services
14.2.8.3. Recent Developments
14.2.8.4. Strategies
14.2.8.5. Financials
14.2.9. Solvay S.A.
14.2.9.1. Overview
14.2.9.2. Products & Services
14.2.9.3. Recent Developments
14.2.9.4. Strategies
14.2.9.5. Financials
14.2.10. Tanatex Chemicals
14.2.10.1. Overview
14.2.10.2. Products & Services
14.2.10.3. Recent Developments
14.2.10.4. Strategies
14.2.10.5. Financials
14.2.11. Rudolf GmbH
14.2.11.1. Overview
14.2.11.2. Products & Services
14.2.11.3. Recent Developments
14.2.11.4. Strategies
14.2.11.5. Financials
14.2.12. NICCA Chemical Co. Ltd.
14.2.12.1. Overview
14.2.12.2. Products & Services
14.2.12.3. Recent Developments
14.2.12.4. Strategies
14.2.12.5. Financials
14.2.13. Kemin Industries Inc.
14.2.13.1. Overview
14.2.13.2. Products & Services
14.2.13.3. Recent Developments
14.2.13.4. Strategies
14.2.13.5. Financials
14.2.14. JINTEX Ltd.
14.2.14.1. Overview
14.2.14.2. Products & Services
14.2.14.3. Recent Developments
14.2.14.4. Strategies
14.2.14.5. Financials
14.2.15. Sarex Chemicals
14.2.15.1. Overview
14.2.15.2. Products & Services
14.2.15.3. Recent Developments
14.2.15.4. Strategies
14.2.15.5. Financials
15. Strategic Recommendations

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