Textile Chemicals Market – Future, Scope, Trends

The global textile chemicals market is expected to reach a value of USD23.94 billion in 2027 with a growing CAGR of 5.85% due to increasing capacity utilization in the apparel Industry.

Since the beginning of the textile industry, efforts have been made to create long-term value in the lives of people. The expansion of the Textile Chemicals Market has been fueled by increasing consumption across the globe. Textile Chemicals are in huge demand due to their seamless applications across a wide range of industries. The textile industry is also benefitting from the emergence of modern technologies required to manufacture textile chemicals. The home textile industry and apparel industry have witnessed higher demand which is driving the growth of the textile chemicals market. Governments of various countries are leveling up their trade potential in the textile chemicals market. With the inclusion of modern low-impact materials and technologies, as well as strategies based on the circular economy, sustainability has remained a significant concern for the global textile chemicals market.

Growing population and increasing consumption

One prominent factor behind the growth of consumerism in the textile chemicals market is the population and people across the world seem to be heavily dependent on Textile chemicals and their end applications. Population, in general, is increasing across the world and will follow the same trend in the upcoming years. Population and consumption usually go hand in hand. So, it is plausible that a growing population across the globe will help the market escalate as demand will increase with the rise in population.

Development in the Infrastructure facilities in the APAC region

Historically, limited regions across the globe had enough potential to produce the textiles that could satisfy the needs of consumers. Prices were dynamic as the installation of manufacturing facilities was happening in very few parts of the globe, eventually making the market more anticompetitive. However, with time, technology penetrated the market and new players began setting up their plants to manufacture textiles. With the boom in the manufacturing of textiles, the textile chemicals market started getting traction from investors across the globe. APAC, the region has pioneered in manufacturing Textile chemicals and supplying to other regions of the world which have either shut down their production sites or cannot economically afford to run the machinery to produce the textiles. China is the leading country in the APAC region and is a leading player in the Global Textile Chemicals Market. In fact, during economic crises, the textile industry in China witnessed slighter growth due to the dominance which is attributed to cheap labor availability, and flexible environmental and government legislations enforced to produce textiles and apparel.

The rising standard of living is aiding the growth of the market

Gradual improvement in the standard of living has led to a remarkable change in people’s fashion habits which has contributed to the growth of the global textile chemicals market. Over time, people have come to realize the usefulness of textile products and they have become more concerned about their health, and are preferring eco-friendly textile products along with superior quality textiles and so they have begun utilizing them at a major scale across various applications, which subsequently have raised the overall market size of global textile chemicals market.

Free Trade Agreements positively impact the market growth

Over the past few years, various free trade agreements have been signed between different countries worldwide. Additionally, major trade pacts such as the Trans-Pacific Partnership (TPP) are currently being studied. As a result of these free trade agreements, different taxes on textile items have been decreased or repealed, which has resulted in a substantial rise in the import and export of textiles which is projected to strengthen the textile market.

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Market Segmentation

The global textile chemicals market is segmented based on type, application, company, and regional distribution. Based on type, the market is further segmented into auxiliaries, colorants, and others. Based on application, the market is divided into apparel, home textiles, technical textile, and others. The market analysis also studies the regional segmentation divided among the Asia-Pacific region, European region, North American region, South American region, and Middle East & African region. The United States Textile Chemicals Market stood at 640 thousand tonnes in the year 2021 and is projected to grow at a CAGR of 2.47% by volume during the forecast period.

Company Profiles

BASF SE, Huntsman International LLC, Archroma, DyStar Colours Deutschland GmbH, Sumitomo Chemical Co., Ltd., and Kiri Industries Ltd., are among the major market players in the global textile chemicals market.

Attribute	Details
The market size value in 2021	USD16.44 billion
Revenue Forecast in 2027	USD23.94 billion
Growth Rate	5.85%
Base Year	2021
Historical Years	2017 – 2020
Estimated Year	2022
Forecast Period	2023 – 2027
Quantitative Units	Revenue in USD Billion, Volume in ‘000 Tonnes, and CAGR for 2017-2021 and 2022E-2027F
Report Coverage	·         Revenue forecast, company share, competitive landscape, growth factors, and trends
Segments Covered	·         Type ·         Application
Regional Scope	Asia-Pacific; Europe; North America; South America; Middle East & Africa
Country Scope	China, India, Pakistan, Indonesia, South Korea, Thailand, Vietnam, Bangladesh, Italy, Romania, Poland, Portugal, Germany, United Kingdom, United States, Mexico, Canada, Brazil, Argentina, Colombia, South Africa, Saudi Arabia, United Arab Emirates, Egypt, & Iran
Key Companies Profiled	BASF SE, Huntsman International LLC, Archroma, DyStar Colours Deutschland GmbH, Sumitomo Chemical Co., Ltd., Kiri Industries Ltd
Customization Scope	10% free report customization with purchase. Addition or alteration to country, regional, & segment scope.
Pricing and Purchase Options	Avail customized purchase options to meet your exact research needs. Explore purchase options
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request)

 

Report Scope:

In this report, global textile chemicals market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• Textile Chemicals Market, By Type:

o   Auxiliaries

o   Colorants

o   Others

• Textile Chemicals Market, By Application:  

• • Apparels
  • Home Textiles
  • Technical Textiles
  • Others

• Textile Chemicals Market, By Region:

• • Asia-Pacific
    • China
    • India
    • Pakistan
    • Indonesia
    • South Korea
    • Thailand
    • Vietnam
    • Bangladesh

o   Europe

• • • Italy
    • Romania
    • Poland
    • Portugal
    • Germany
    • United Kingdom
  • North America
    • United States
    • Mexico
    • Canada
  • South America
    • Brazil
    • Argentina
    • Colombia
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • Iran

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global textile chemicals market.

 

 

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Table of Content

    1. Product Overview

2. Research Methodology
3. Executive Summary
4. Impact of COVID-19 on Global Textile Chemicals Market
5. Voice of Customer

5.1.   Brand Awareness

5.2.   Factors Considered for the Selection of Type

5.3.   Factors Considered While Selecting Manufacturer

5.4.   Satisfaction Level

6. Global Textile Chemicals Market Outlook

6.1.   Market Size & Forecast

6.1.1.                           By Value

6.1.2.                           By Volume

6.2.   Market Share & Forecast

6.2.1.                           By Type (Auxiliaries, Colorants, Others)

6.2.2.                           By Application (Apparel, Home Textiles, Technical Textiles, Others)

6.2.3.                           By Region

6.2.4.                           By Company (2021)

6.3.   Market Map (By Type, By Application, By Region)

7. Asia-Pacific Textile Chemicals Market Outlook

7.1.   Market Size & Forecast

7.1.1.    By Value

7.1.2.    By Volume

7.2.   Market Share & Forecast

7.2.1.               By Type

7.2.2.               By Application

7.2.3.               By Country

7.3.   Asia-Pacific: Country Analysis

7.3.1.              China Textile Chemicals Market Outlook

7.3.1.1.   Market Size & Forecast

7.3.1.1.1.     By Volume

7.3.1.2.  Market Share & Forecast

7.3.1.2.1.     By Type

7.3.1.2.2.     By Application

7.3.2.               India Textile Chemicals Market Outlook

7.3.2.1.   Market Size & Forecast

7.3.2.1.1.     By Volume

7.3.2.2.  Market Share & Forecast

7.3.2.2.1.     By Type

7.3.2.2.2.     By Application

7.3.3.               Pakistan Textile Chemicals Market Outlook

7.3.3.1.  Market Size & Forecast

7.3.3.1.1.     By Volume

7.3.3.2.  Market Share & Forecast

7.3.3.2.1.     By Type

7.3.3.2.2.     By Application

7.3.4.               Indonesia Textile Chemicals Market Outlook

7.3.4.1.  Market Size & Forecast

7.3.4.1.1.     By Volume

7.3.4.2.  Market Share & Forecast

7.3.4.2.1.     By Type

7.3.4.2.2.     By Application

7.3.5.               South Korea Textile Chemicals Market Outlook

7.3.5.1.  Market Size & Forecast

7.3.5.1.1.     By Volume

7.3.5.2.  Market Share & Forecast

7.3.5.2.1.     By Type

7.3.5.2.2.     By Application

7.3.6.               Thailand Textile Chemicals Market Outlook

7.3.6.1.  Market Size & Forecast

7.3.6.1.1.     By Volume

7.3.6.2.  Market Share & Forecast

7.3.6.2.1.     By Type

7.3.6.2.2.     By Application

7.3.7.               Vietnam Textile Chemicals Market Outlook

7.3.7.1.  Market Size & Forecast

7.3.7.1.1.     By Volume

7.3.7.2.  Market Share & Forecast

7.3.7.2.1.     By Type

7.3.7.2.2.     By Application

7.3.8.               Bangladesh Textile Chemicals Market Outlook

7.3.8.1.  Market Size & Forecast

7.3.8.1.1.     By Volume

7.3.8.2.  Market Share & Forecast

7.3.8.2.1.     By Type

7.3.8.2.2.     By Application

8. Europe Textile Chemicals Market Outlook

8.1.   Market Size & Forecast

8.1.1.    By Value

8.1.2.    By Volume

8.2.   Market Share & Forecast

8.2.1.               By Type

8.2.2.               By Application

8.2.3.               By Country

8.3.   Europe: Country Analysis

8.3.1.              Italy Textile Chemicals Market Outlook

8.3.1.1.   Market Size & Forecast

8.3.1.1.1.     By Volume

8.3.1.2.  Market Share & Forecast

8.3.1.2.1.     By Type

8.3.1.2.2.     By Application

8.3.2.               Romania Textile Chemicals Market Outlook

8.3.2.1.   Market Size & Forecast

8.3.2.1.1.     By Volume

8.3.2.2.  Market Share & Forecast

8.3.2.2.1.     By Type

8.3.2.2.2.     By Application

8.3.3.               Poland Textile Chemicals Market Outlook

8.3.3.1.  Market Size & Forecast

8.3.3.1.1.     By Volume

8.3.3.2.  Market Share & Forecast

8.3.3.2.1.     By Type

8.3.3.2.2.     By Application

8.3.4.               Portugal Textile Chemicals Market Outlook

8.3.4.1.  Market Size & Forecast

8.3.4.1.1.     By Volume

8.3.4.2.  Market Share & Forecast

8.3.4.2.1.     By Type

8.3.4.2.2.     By Application

8.3.5.               Germany Textile Chemicals Market Outlook

8.3.5.1.  Market Size & Forecast

8.3.5.1.1.     By Volume

8.3.5.2.  Market Share & Forecast

8.3.5.2.1.     By Type

8.3.5.2.2.     By Application

8.3.6.               United Kingdom Textile Chemicals Market Outlook

8.3.6.1.  Market Size & Forecast

8.3.6.1.1.     By Volume

8.3.6.2.  Market Share & Forecast

8.3.6.2.1.     By Type

8.3.6.2.2.     By Application

9. North America Textile Chemicals Market Outlook

9.1.   Market Size & Forecast

9.1.1.    By Value

9.1.2.    By Volume

9.2.   Market Share & Forecast

9.2.1.               By Type

9.2.2.               By Application

9.2.3.               By Country

9.3.   North America: Country Analysis

9.3.1.              United States Textile Chemicals Market Outlook

9.3.1.1.   Market Size & Forecast

9.3.1.1.1.     By Volume

9.3.1.2.  Market Share & Forecast

9.3.1.2.1.     By Type

9.3.1.2.2.     By Application

9.3.2.               Mexico Textile Chemicals Market Outlook

9.3.2.1.   Market Size & Forecast

9.3.2.1.1.     By Volume

9.3.2.2.  Market Share & Forecast

9.3.2.2.1.     By Type

9.3.2.2.2.     By Application

9.3.3.               Canada Textile Chemicals Market Outlook

9.3.3.1.  Market Size & Forecast

9.3.3.1.1.     By Volume

9.3.3.2.  Market Share & Forecast

9.3.3.2.1.     By Type

9.3.3.2.2.     By Application