Textile Chemicals Market Will Generate Record Revenue by 2031

Textile chemicals market is projected to grow at a CAGR of 3.6% during the forecast period. Textile chemicals are intermediate compounds used for improving and optimizing fabric processing or for manufacturing processes. The demand for textile chemicals is increasing due to technological advancement in mechanized-produced textiles, to full-fill the clothing demands of the increasing population and providing effective quality and durability of textile materials. The textile chemical products are employed in clothing industries, agriculture, packaging, environmental protection, and transportation sectors. 

The major factor that drives the market include the developing apparel industries owing to the increasing consumer demands. The other factors that fuel the market growth include the rise in demand for home furnishing, agricultural activities, floor furnishings, technical textiles, and environmentally friendly products. Apart from this, the rise of the packaging industry will drive the growth of the market in the upcoming future. However, the growth of the market is mainly restrained by unfavourable effects of chemicals on the environment, thus harming biotic and abiotic components of the environment. Textile chemicals are mostly discharged into local water bodies leading to water pollution and water shortage. In addition, strict regulatory norms also hamper the growth of the textile chemical market.

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Textile Chemicals Market Segmentation

By Type

• Colorants &Auxiliaries
• Coating&Sizing Chemicals
• Surfactants
• Desizing Agents
• Finishing Agents
• Others

By Application

• Apparel
• Automotive Textile
• Home Furnishing
• Industrial Textile
• Others

By Raw Material

• Synthetic (Polyester, Nylon)
• Cotton 
• Wool & Cashmere 
• Silk
• Rayon/Viscose 
• Others

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Regional Analysis

North America

• United States
• Canada

Europe

• UK
• Germany
• Spain
• France
• Italy
• Rest of Europe

Asia-Pacific

• India
• China
• Japan
• South Korea
• Rest of APAC

Rest of the World

Company Profiles

• Achitex Minerva SpA
• Archroma
• Arkema SA
• Borealis AG
• China Petroleum & Chemical Ord Shs A (SINOPEC)
• CHT Germany GmbH
• Covestro AG
• Croda International PLC
• Dow Inc.
• DyStar Singapore Pte Ltd.
• Evonik Industries AG
• Formosa Plastics Corp.
• Giovanni Bozzetto S.p.a.
• Huntsman International LLC
• KemiraOyj
• Mitsubishi Chemical Corp.
• NICCAChemical Co., Ltd.
• Nouryon Chemicals Holding B.V. 
• Rudolf GmbH
• SABIC
• Sarex Chemical Ltd.
• Solvay SA
• Tata Chemicals Ltd.
• Tanatex Chemicals BV
• Toray Industries, Inc.
• The Lubrizol Corp.
• Wacker Chemie AG
• Zhejiang Longsheng Group Co., Ltd.

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