Product Code: CMI4384
The textile chemicals Market size is valued at US$ 31.32 Bn in 2024 and is expected to reach US$ 41.4 Bn by 2031, growing at a compound annual growth rate (CAGR) of 4.1% from 2024 to 2031.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2023/2024: |
US$ 31.32 Bn |
Historical Data for: |
2019 to 2023 |
Forecast Period: |
2024 - 2031 |
Forecast Period 2023/2024 to 2030/2031 CAGR: |
4.10% |
2030/2031 Value Projection: |
US$ 41.4 Bn |
Figure 1. Global Textile Chemicals Market Share (%), By Region, 2024
The global textile chemicals market has been witnessing steady growth over the past few years. Textile chemicals are widely used across the textile industry during the processing of various textile materials, such as natural and synthetic fibers, yarns, fabrics, and garments. Properties such as color, fastness, and ease of maintenance are imparted to fibers through the use of various textile chemicals. The rapid growth of the textiles and apparel industry, coupled with rising demand for innovative and high-performance textiles, is augmenting demand for textile chemicals. Advancements in nanotechnology have opened up opportunities for the development of novel textile chemicals with superior properties. However, stringent regulations pertaining to the use of chemicals may limit market growth to some extent. Rising populations, improving economic conditions, and changing lifestyles across countries have been driving greater demand for a variety of textiles.
Market Dynamics:
The global textile chemicals market is driven by the rapid growth of the textile and apparel industries. Rising demand for easy-care, wrinkle-free, and stain-resistant textiles from end-use industries is propelling market growth. Growing populations and improving living standards in emerging economies have increased demand for clothing, furnishings, and other textile products, which in turn is fueling consumption of textile chemicals. Technological advancements enabling the development of bio-based and eco-friendly textile chemicals present significant opportunities for market players. However, stringent environmental regulations regarding toxic chemicals and a growing emphasis on use of sustainable chemicals may restraint market growth. The adoption of digital textile printing is opening up new areas of application for textile chemicals.
Key Features of the Study:
- This report provides in-depth analysis of the global textile chemicals market, and provides market size (US$ Bn) and compound annual growth rate (CAGR %) for the forecast period (2024-2031), considering 2023 as the base year.
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the global textile chemicals market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include, The DyStar Group, Lonsen, The Lubrizol Corporation, The Dow Chemical Company, Kiri Industries, Huntsman Corporation, BASF SE, Archroma, Omnova Solutions Inc, Solvay SA, Bayer Material Science
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- The global textile chemicals market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global textile chemicals market.
Detailed Segmentation:
- Global Textile Chemicals Market, By Product Type
- Coating & Sizing Chemicals
- Colorants & Auxiliaries
- Finishing Agents
- Surfactants
- Desizing Agents
- Bleaching Agents
- Yarn Lubricants
- Global Textile Chemicals Market, By End- User
- Home Furnishing
- Apparel
- Others
- Global Textile Chemicals Market, By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East
- Africa
- Top Companies in the Global Textile Chemicals Market
- The DyStar Group,
- Lonsen,
- The Lubrizol Corporation,
- The Dow Chemical Company,
- Kiri Industries,
- Huntsman Corporation,
- BASF SE,
- Archroma,
- Omnova Solutions Inc,
- Solvay SA,
- Bayer Material Science.
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By End-user
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Growing fabric and apparel industry
- Increasing demand for functional textiles and
- Increasing per capita income
- Stringent environmental regulations
- Competition from alternatives
- Innovation in textile chemicals
- Development of bio-based and green chemicals
- Key Highlights
- Regulatory Scenario
- Recent Trends
- Product Launches/Approvals
- PEST Analysis
- PORTER's Analysis
- Mergers, Acquisitions, and Collaborations
4. Global Textile Chemicals Market- Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
5. Global Textile Chemicals Market, By Product Type, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, 2024-2031
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Coating & Sizing Chemicals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Bn)
- Colorants & Auxiliaries
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Bn)
- Finishing Agents
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Bn)
- Surfactants
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Bn)
- Desizing Agents
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Bn)
- Bleaching Agents
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Bn)
- Yarn Lubricants
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Bn)
6. Global Textile Chemicals Market, By End-user, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, 2024-2031
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Home Furnishing
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Bn)
- Apparel
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Bn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Bn)
7. Global Textile Chemicals Market, By Region, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, By Region, 2024-2031
- Y-o-Y Growth Analysis, For Region, 2019 - 2031
- Country Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-user, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031,(US$ Bn)
- U.S.
- Canada
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-user, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031,(US$ Bn)
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-user, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031,(US$ Bn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-user, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031,(US$ Bn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End- User 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country/ Region, 2019-2031,(US$ Bn)
- GCC Countries
- Israel
- South Africa
- North Africa
- Central Africa
- Rest of Middle East
8. Competitive Landscape
- Company Profile
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Analyst Views
9. Section
- References
- Research Methodology
- About us