What is the Historical Analysis of the Textile Chemicals Market Size?
The textile chemicals market has seen considerable growth due to a variety of factors.
• The scale of the textile chemicals industry has significantly expanded in the past few years. The market growth is forecasted to be from $25.33 billion in 2024 to $26.85 billion in 2025, expounding at a compound annual growth rate (CAGR) of 6.0%.
Factors such as the expansion of the textile industry, enhanced consumer demand for a variety of textiles, global fashion inclinations, adherence to environmental and regulatory norms, and advancements in textile manufacturing have all contributed to the growth experienced in the past period.
What is the Market Size Forecast for the Textile Chemicals Market?
The textile chemicals market is expected to maintain its strong growth trajectory in upcoming years.
• The size of the textile chemicals market is forecasted to experience significant expansion in the upcoming years, expected to reach $35.01 billion by 2029 with a compound annual growth rate (CAGR) of 6.9%.
This growth during the projected timeframe can be credited to factors such as the adoption of sustainable textile production, the application of technical textiles, an increase in disposable income, the globalization of textile supply chains, and the enforcement of strict quality standards. Major industry trends for this period will include the creation of textile chemicals for digital printing, an emphasis on antimicrobial treatments for textiles for hygiene and health purposes, the launch of specialty chemicals for technical textiles, partnerships towards researching sustainable textile chemistry, and the usage of textile chemicals in initiatives concerning circular fashion.
What Are The Core Factors Supporting Growth In Textile Chemicals Market?
The surge in textile needs is projected to fuel the need for textile chemicals throughout the projected period. This industry involves the exploration, design, formulation, manufacture, and distribution of fabrics, textiles, and apparel. Textile chemicals expedite many phases of textile manufacturing such as fiber production, yarn treatment, fabric coloring, and the final stage. These substances enhance efficiency, cut down the processing time, and increase product quality. For example, India Brand Equity Foundation, a Trust founded by the Department of Commerce, Ministry of Commerce and Industry, Government of India, reported that India's textile and clothing exports (which includes handicrafts) in FY22 were US$ 44.4 billion, a 41% leap from the previous year. Therefore, the escalating textile needs are anticipated to enhance the need for textile chemicals to yield superior quality products.
What Are The Major Segments Within The Textile Chemicals Market?
The textile chemicals market covered in this report is segmented –
1) By Product Type: Coating And Sizing Chemicals, Finishing Agents, Colorants And Auxiliaries, Surfactants, Desizing Agents, Yarn Lubricants, Bleaching Agents
2) By Fiber Type: Natural Fiber, Synthetic Fiber
3) By Application: Apparel, Home Furnishing, Automotive Textile, Industrial Textile, Other Applications
Subsegments:
1) By Coating And Sizing Chemicals: Starch-Based Coating Agents, Synthetic Coating Agents, Sizing Agents
2) By Finishing Agents: Water Repellent Agents, Wrinkle-Free Agents, Flame Retardants, Softening Agents, Anti-Microbial Agents
3) By Colorants And Auxiliaries: Dyes, Pigments, Printing Auxiliaries
4) By Surfactants: Anionic Surfactants, Cationic Surfactants, Non-Ionic Surfactants, Amphoteric Surfactants
5) By Desizing Agents: Enzymatic Desizing Agents, Chemical Desizing Agents
6) By Yarn Lubricants: Mineral Oil-Based Lubricants, Synthetic Lubricants, Natural Lubricants
7) By Bleaching Agents: Hydrogen Peroxide, Sodium Hypochlorite, Sodium Chlorite
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Which Trends Are Expected To Transform The Textile Chemicals
The textile chemicals market is seeing a surge in popularity due to the current technology trend. The focal point for companies within the textile chemistry domain is the synthesis of textiles utilizing cutting-edge techniques like non-fluorinated durable water repellence. For example, Archroma, a specialty chemicals firm based in Switzerland, introduced PHOBOTEX NTR-50 LIQ in April 2024. This product is engineered to offer exceptional water repellence for a variety of fiber types, while maintaining a soft texture and avoiding issues such as yellowing and chalk marks. Particularly, its effectiveness on synthetic fibers and blends make it an ideal solution for use in clothing, outdoor attire, and household textiles.
Who Are the Key Players in the Textile Chemicals Market?
Major companies operating in the textile chemicals market include:
• BASF SE
• Dow Inc.
• Evonik Industries AG
• Covestro AG
• Solvay SA
• Formosa Organic Chemical Industry Co Ltd.
• Arkema SA
• AkzoNobel NV
• Wacker Chemie AG
• The Lubrizol Corporation
• Kemira Oyj
• Croda International plc
• Huntsman Corporation
• CHT Group
• Kemin Industries Inc.
• NICCA Chemical Co Ltd.
• Giovanni Bozzetto SpA
• Pulcra Chemicals GmbH
• DIC Corporation
• Kiri Industries Limited
• Archroma India Pvt Ltd.
• Indofil Industries Ltd.
• Fineotex Chemical Limited
• Tanatex Chemicals BV
• Chemipol SA
• Achitex Minerva SpA
• Jintex Corporation Ltd.
• Sarex Chemicals
• Lonsen Inc.
• Tata Chemicals Ltd.
What Is The Most Dominant Region In The Textile Chemicals Market?
Asia-Pacific was the largest region in the textile chemicals market in 2024. Asia-Pacific is expected to be the fastest-growing region in the market. The regions covered in the textile chemicals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
