Global Textile Chemicals Market Size was valued nearly USD 25,320 million by 2017 and is estimated to reach up to USD xx.xx million by 2025. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 3.80% during the forecast period that is 2017-2025. Chemicals that are used in the manufacturing process of the textile are referred as textile chemicals. These chemical are used from textile pretreatment, and dying, brightening, and printing, to finishing of the final clothing product. These chemical are specifically used to enhance the properties of the fabric and enhance the overall textile manufacturing process.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global textile chemicals market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global textile chemicals market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.

Market Dynamics

The global Textile Chemicals market was valued at around USD 25,320 million in the year 2017, and it is anticipated grow at CAGR of 3.80% during the forecast period of 2017-2025. The global market is represents huge numbers in terms of global consumption and is witnessing a study growth over the past few years. Growth in the manufacturing and apparels due to wide demand from range of consumers is the primary factor driving the growth of this market. However, vast growth in the population is consistently driving the demand for clothing and home furnishing product.

Growing global green awareness linked with development of environmentally free textile chemical is shaping the growth dynamic of this market. In addition to this, emergence of concepts such as technical textile is further impacting the overall market growth. Due to raw material abundance and cheap labor price manufacturers of tactile chemical are shifting their manufacturing base from towards Asian countries such as China and India. This is the key reason China and India have become largest textile manufacturers and exporters across the globe thereby providing extensive demand for textile chemicals. The other side of high demand for clothing and appeals is due to developing overall economic status of developing countries, rise in disposable income of the middle class population, and resulting economic distribution of majority population.

However, strict regulation on the harmful chemicals used in the textile manufacturing along with unfavorable effects of textile chemicals on the environment is restraining the growth of this market. Technological penetration in the textile manufacturing and rising awareness about anti-microbial, luxurious and stain resistant textiles chemical is anticipated to offer several growth opportunities to this market.

Segment Analysis 

Based on fiber type, the Textile Chemicals market is segmented into natural fiber and synthetic fiber. Natural fiber further segmented into cotton, wool and others. Synthetic sub segmented into polyester, polyamide, viscose, and others. Based on product type market is segmented into Coating & Sizing Agents, Colorant & Auxiliaries, Finishing Agents, Surfactants, Desizing Agents, Bleaching Agents, Others. On the basis of application market is segmented into Apparel, Home Textile, Technical Textile, Others. Technical textile segment is represents dynamic demand for textile chemicals over the past few years due to demand for value added clothing products.

Regional Analysis

The global textile chemicals market is divided into regions that are North America - U.S, Canada, Other) (Asia-Pacific -India, Japan, China, Australia, Other) (Europe - UK, Russia, France, Brazil, Other) (Middle East and Africa. Asia-Pacific emerged as the global leader in the global technical textile market. The region has acquired largest market share as result of vast population growth and resulting demand for textile, apparel, and clothing product. Countries such as India and China are the major textile manufacturers and exporters across the globe and are playing the crucial part in this market. In addition, availability of cheap labor and growing R&D centers is promoting the growth of apparel industries. Least number of regulating by government is also contributing in the regional growth of Asia Pacific.

Global Textile Chemicals Market Size, Share Analysis By Region 2017

North America is the second largest market for technical textile market, wherein, U.S. is the mainly driving demand for textile chemicals due to its rising prominence as a global fashion hub. Trend for cloth recycling in this region further expected to offer new growth opportunities to textile chemicals. 

Global Textile Chemicals Market Study Objective

1. To forecast the market size of textile chemicals market, along with describing and defining the market, in terms of volume and revenue.

2. Market analysis and forecast of textile chemicals market on the basis of region, substrate and application or end-use industry.

3. To analyze and elaborate significant factors that will have major impact on the growth of textile chemicals market, such as drivers, restraints, challenges and opportunities.

4. Regional analysis of textile chemicals market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa and Asia Pacific.

5. Strategic analysis of micromarkets, in terms of individual prospects, opportunities, growth trends and their involvement in overall market.

6. To provide detailed analysis of competitive and strategic developments in the textile chemicals market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

7. Analysis of market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

8. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

Bottom-up and top-down are two main approaches that were taken into account to anticipate and validate the market size of textile chemicals market, and to reach the anticipated market size of several dependent submarkets. The research and study involved massive utilization of secondary data sources, several directories, private and government websites, and authentic databases, to collect or gather market-oriented as well as technical information for the study of textile chemicals market commercially. 

Key Players

Major players analyzed and profiled in the global Covestro AG, Archroma, Lonsen Inc., OMNOVA Solutions Ins., Huntsman Corporation, Tata Chemicals Ltd., DyStar Singapore Pte Ltd, Fibro Chem LLC, and Solvay S.A. Archroma. These firms that accounted for maximum share of the textile chemicals market in year 2017, along with Huntsman Corporation and Lonsen Inc.

Global Textile Chemicals Market Study Report Offer You!

The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.