COVID-19 Get an extensive COVID-19 analysis on the Textile Chemicals Market Request Free Sample

Market Summary

The global textile chemicals market is forecast to reach USD 36.62 Billion by 2026, according to a new report by Reports and Data. Textile chemicals include a variety of products, such as starch, surfactants, grease, and sulfonated oils, among various other products. Textile chemicals are largely used for applications in pre-treatment processes, like coatings, and sizing, among others.

Click here to enlarge

Increasing application of textile chemicals in the apparel sector is one of the driving factors that have propelled the growth of the global textile chemicals market. The products of the market are largely used in the apparel industry to improve the color quality of the cloth. The apparel industry is among the fastest-growing industries across the globe and is among the most exported products in the world. The developing regions are rapidly investing in the international textile market and apparels market. India, China, and Turkey are some of the major exporters of the textile chemicals market.

North America is a key region for the textile chemicals market and is likely to witness a consistent growth rate in the forecast period owing to the growing textile industries in the region. Moreover, advancement in technology that is happening across the region is further driving the growth of this market. The different key players in North America are focusing on new technological developments to support the growth of the market for textile chemicals in the region.

Key Coverage of the Report

Region and country wise statistics of the global textile chemicals market from the period 2016-2026. While 2016 & 2017 has been utilized as historical data, 2018 is considered the base year. 2019-2026 have been derived as forecasts.

Estimation of the market size along with historical and forecasted trend analysis.

Various fiber types available for the market have been analyzed. Statistical analysis has been conducted on obtaining the individual share of these segments.

Share of product type, coating & sizing agents, colorant & auxiliaries, finishing agents, surfactants, desizing agents, bleaching agents, and others, have been estimated.

Regional up-coming research and application outlook.

Regional prevalence has been mapped.

Demand and Supply GAP Analysis

Regional Competitors Pricing Strategy

Market share analysis of the top industry players

Strategic recommendations for the new entrants

Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)

Strategic recommendations in key business segments based on the market estimations

Competitive landscaping mapping the key common trends

Company profiling with detailed strategies, financials, and recent developments.

Salient Trends of the Textile Chemicals Market

The application of textile in the medical field requires a number of properties for the textile chemicals fiber, depending upon where exactly this material is used. The important aspects include the nontoxic nature of the material, ability to sterilize and to conform to the requirements of the mechanical properties, as well as the bio-compatibility, among others.

The textile chemical market is witnessing an increasing demand from sports and activewear sectors owing to the use of antimicrobial finishes for manufacturing such products. Textile chemicals help prevent bacterial infection odor caused by the sweat trapped in clothing such as socks, undergarments, T-shirts, and other sports apparels.

Concerns regarding the effect of textile chemicals have shifted the focus from chemicals to green (bio-based) chemicals, which are environment-friendly.

Green chemicals are not only environment-friendly but also cost-efficient as compared to their conventional counterparts. These chemicals are produced using animal and plant fats/oils.

Europe is forecasted to grow with a CAGR of 4.7% during the forecast period. The European Union has put into effect an integrated Pollution Prevention and Control Directive in to restrict the utilization of harmful chemicals that might have a negative effect on the overall growth of the textile chemicals market in this region.

Companies considered and profiled in this market study

Archroma, Tanatex Chemicals, Dystar Group, Rudolf Group, Huntsman, Dowdupont, Akzonobel N.V., Bozetto Group, Evonik Industries, and Sarex, among others.

The companies have adopted various strategies, including mergers, acquisitions, and partnerships to hold ongoing trails and come up with new developments in the market.

Market-O-Nomics

The valuation for the Textile Chemicals market was USD 26.10 Billion in 2018, and it is expected to reach USD 36.62 Billion by 2026.

Home textile is forecasted to grow with the highest CAGR of 4.8% during the forecast period. Modern lifestyles and rapidly changing needs demand a practical approach to home furnishings and textiles. The growing sense of awareness among the consumers is certainly remarkable, and the producer's ability to innovate, translate, and create has generated opportunities for profiting from the growing consumer demand.

Synthetic Fibers held a larger market share of 61.4% during the forecast period. Synthetic fibers are produced using chemicals and are artificial and consist of superior chemical and physical properties such as lightweight, high durability, elasticity, and wrinkle resistance.

Bleaching Agents are forecasted to hold a market share of 14.9% during the forecast period. Although reductive bleaching has been used in the past to bleach wool and silk, today almost all textile materials are bleached by oxidative desizing agents. Some of the bleaching agents are Sodium hypochlorite (NaOCl), Sodium Chlorite (NaClO 2 ) and Hydrogen peroxide (H 2 O 2 ).

) and Hydrogen peroxide (H O ). The demand for technical textiles is growing rapidly owing to their usage in a broad range of applications, including chemical, manufacturing, and medical and is expected to augment the market growth.

North America held the largest market share of 36.5% in the year 2018. The demand for technical textiles is quickly growing due to their usage in a broad range of applications, including manufacturing, medical, and it is expected to augment the market growth.

Segments Covered in the report:

This report forecasts revenue growth at a global, regional & country level, and provides an analysis of the industry trends in each of the sub-segments from 2016 to 2026. For the purpose of this report, Reports and Data have segmented into the global Textile Chemicals market on the basis of fiber type, product type, application, and region:

Fiber Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)

Natural Fibre

Synthetic Fibre

Product Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)

Coating & Sizing Agents

Colorant & Auxiliaries

Finishing Agents

Surfactants

Desizing Agents

Bleaching Agents

Others

Applications Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)

Apparel

Home Textile

Technical Textile

Others

Regional Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)

North America U.S.

Europe UK France

Asia Pacific China India Japan

MEA

Latin America Brazil

