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The global textile chemicals market reached a value of US$ 23.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 31.4 Billion by 2027, exhibiting a CAGR of 4.9% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Textile chemicals are heterogeneous compounds used during the process of manufacturing clothes. They are usually added in the pre-treatment of textiles, which includes de-sizing, scouring, bleaching, and mercerizing, dyeing, printing, and finishing the overall process. They provide color, softness, sweat absorbency, desired texture, and finish to fabrics. They also offer flame, crease, wrinkle, and stain resistance, and antimicrobial and water-repellant properties to the final product. Some of the commonly used textile chemicals include biocides, flame retardants, and warp sizes, bleaches or mixtures, emulsified oils and greases, starch, sulfonated oils, waxes, and surfactants.
Due to the continuously growing global population and the escalating demand for apparel with diverse textures and designs, there is a significant expansion in the apparel industry across the globe. This represents one of the key factors bolstering the growth of the market. Apart from this, the increasing digitization and the strong influence of social media are positively influencing the sales of garments worldwide. Moreover, a considerable shift in consumer inclination towards foreign textile brands is contributing to the market growth. Furthermore, leading market players are utilizing green or bio-based chemicals that are prepared from renewable or readily available resources. These green chemicals are non-flammable and biodegradable, and have low toxicity and a low tendency to undergo bioaccumulation in the environment as compared to their counterparts. As the textile industry is one of the most chemically intensive industries around the world, the increasing adoption of green chemicals is offering lucrative growth opportunities to market players. Besides this, a rapid increase in the demand for textile chemicals for the manufacturing of automobile fabrics, such as headliners, seat belts, and seat fabric, is acting as another growth-inducing factor.
IMARC Group provides an analysis of the key trends in each sub-segment of the global textile chemicals market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on fiber type, product type and application.
Breakup by Fiber Type:
Breakup by Product Type:
Breakup by Application:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Archroma, BASF SE, CHT Group, Dow Inc., Evonik Industries AG, Huntsman Corporation, Kiri Industries Limited, OMNOVA Solutions Inc. (Synthomer plc), Solvay S.A., Tanatex Chemicals BV (Zhejiang Transfar Co. Ltd.), The Lubrizol Corporation (Berkshire Hathaway Inc.) and Wacker Chemie AG.
|Base Year of the Analysis||2021|
|Segment Coverage||Fiber Type, Product Type, Application, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||Archroma, BASF SE, CHT Group, Dow Inc., Evonik Industries AG, Huntsman Corporation, Kiri Industries Limited, OMNOVA Solutions Inc. (Synthomer plc), Solvay S.A., Tanatex Chemicals BV (Zhejiang Transfar Co. Ltd.), The Lubrizol Corporation (Berkshire Hathaway Inc.) and Wacker Chemie AG|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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