Textile Chemicals Market

Analysts at GMI Research estimates that the Textile Chemicals Market was worth USD 27.2 billion in 2022, and forecast to touch USD 37.5 billion in 2030, growing at a CAGR of 4.1% from 2023-2030.

Major Textile Chemicals Market Drivers

The textile chemicals market is predicted to drive due to the significant growth in the development of the clothing market, rising needs for textile goods in different applications, innovations in textile chemical technologies, rising demand for active and sportswear, and rapid industrialization and urbanization. The expansion of the textile chemicals market is majorly propelled by the growth of the apparel industry. The rapid population growth, coupled with a heightened requirement for essential and activewear, is predicted to foster the growth of the global textile chemicals market. The growing need for clothing in developing regions in the Asia Pacific region, including China, India, Bangladesh, Thailand, and Malaysia is again predicted to raise the market growth globally in the forecast period. The high rise in industrialization and urbanization globally is predicted to foster the market growth of textile chemicals globally. In addition, the high growth in end-use markets such as construction, automotive, packaging, healthcare, and sports are again predicted to develop the market growth of textile chemicals globally. Moreover, the rise in the percentage of the population globally is another foremost driver presenting a positive impact on global textile chemicals in the forecast period.

Also, the construction market is rising need for durable textiles is projected to introduce new market growth opportunities. Textile chemicals develop the strength and modulus of textiles and fabrics, making them well-suited for the construction industry. The considerable growth and development in the construction market due to growing construction activities globally coupled with the increasing awareness concerning the personnel’s protection is driving the textile chemicals market size globally. Furthermore, the textile chemicals offer prevention against microorganisms and pathogens, and products of medical textiles are composed of burn sheets, sponges, sterilization wraps, and sheets. Therefore, rising need in the medical industry for sterilized textiles is fostering the global textile chemicals market share.

The effective growth in spending on developing and enhancing home décor or furnishing items is one of the present textile chemicals market trends. This is contributed to the growing disposable income and developing lifestyle of the customers. The rising need for home décor items alike upholstery, rugs, table linens, curtains, and carpets is again predicted to drive the global textile chemical market size. Moreover, constant changes in fashion trends along with the growing number of working female population are fostering demand for the apparel market which drives the growth of the global growth of textile chemicals industries. The rising need for formal and casual clothes owing to rising number of working populations is again anticipated to foster the global market growth. The textile industry is focusing on the children’s segment by introducing stylish and trendy clothing, attributing to predicted market expansion.

However, approximately 90% of the organic or eco-friendly chemicals and auxiliaries used in pre-treatment and dyeing functions are not preserved by the fiber. Most of these chemicals are discharged with wastewater, while others are emitted into the atmosphere. Activities like printing procedures, cleaning with heat treatments including drying, vulcanization, thermofixation, and drying, and organic solvents can discharge volatile organic compounds. Furthermore, burning fossil fuels is attributed to the release of SO2, CO2, NOx emissions, and particulates into the environment. The generation of thermal energy in boiler houses for activities such as drying, baths, and curing procedures is a significant contributor to air pollution. Traditional textile dyeing procedures introduce elevated levels of contaminants including salts, and unfixed dyestuffs, which can be discharged into effluent water streams. Stringent regulations are increasingly being imposed to confirm the discharge of cleaner mill wastewater, focusing on decreasing the environmental impact. These regulations underscore the significance of recovery and reuse functions, attributing to efforts for sustainable practices. The strict regulations are compelling enterprises to concentrate on developing eco-friendly and sustainable items, requiring increased R&D investment in newly developed technologies and products.

Whereas, growth in textile industry can be attributed to a surge in real estate, evolving fashion trends, and a preference for home decorations and furnishing. The market is predicted to witness growth due to developing application scope because customer preference shifts towards bio-chemicals offering comparable properties. Additionally, in the automotive industry, rising usage of technical textiles is anticipated to foster the growth of the market throughout the forecast duration. Based on the American Chemistry Council, the U.S. chemicals industry is predicted to observe a rise in capacity consumption because of increasing requirements for chemicals from construction, automotive, and customer items markets. This is anticipated to introduce different market growth opportunities for textile chemicals to function in their production capacities or to join hands with local market players. For instance, in 2021, Archroma joined hands with Van Horn, Metz & Co. Inc. to distribute the Mowilith emulsions.

By Type, Coating and Sizing Chemicals dominated the largest market share in the global textile chemicals market

Coating and sizing agents play a crucial role in delivering a uniform and constant surface to yarn. Textile coating and sizing chemicals exhibit different properties, including friction, exceptional resistance, and tension for yarn. These agents can decrease hairiness and develop smoothness. Textile auxiliaries find widespread application in the washing and dyeing procedure of yarns and fabrics. As a result, the growth of coating and sizing chemicals rises in the forecast period.

By Application, Apparel segment held the largest market growth value

The apparel segment includes items alike suits, shirts, jackets, t-shirts, skirts, trousers, shorts, swimwear, and kids wear among others. The significant rise in the production of apparel to fulfill the growing needs of the rising population is the foremost factor for the segment growth. The considerable change in customer trends making the apparel market more dynamic. To thrive in a competitive environment, apparel producers are prioritizing product quality and embracing the latest manufacturing approaches and raw materials. Hence, textile chemicals are used extensively in the production of apparel. In addition, the substantial growth in disposable income in developing nations has introduced a significant requirement for apparel. Therefore, the growth in apparel industry is anticipated to raise the demand for textile chemicals.

By Region, Asia Pacific region registered the largest revenue share in global textile chemicals market

The growth in Asia Pacific region is attributed to increasing industrialization, the availability of low labor costs, growing investment in several research and development activities, and change in the perception of comfortable and affordable clothing. In addition, Asia Pacific region is estimated to be a universal hub for textile production due to the existence of leading producers of textiles in nations such as Bangladesh, China, Vietnam, India, and Indonesia. Whereas it is predicted that China registered for the greatest market share both in terms of volume and value. Followed by India, China is one of the leading exporters and producers of apparel and textiles because China has low production costs, raw materials, and low-cost labor. Moreover, rapid urbanization and industrialization coupled with growing investment by the Government of India to help textile organizations have introduced different growth opportunities for the India textile chemicals market.

The considerable growth in textiles and the increase in government investments in developing regions including India, China, South Korea, and India are predicted to propel the regional market growth. For instance, in 2021, Foreign Direct Investment in the apparel and textiles industry has touched US$ 3.75 billion as contrasted to 3.68 billion in 2020. In Malaysia, the construction of new textile industries will also propel the textile chemicals to be required in the forecast period. For instance, during 2019, the Ministry of International Trade and Industry along with the Malaysian Investment Development Authority, and the Federation of Malaysian Fashion, Textiles and Apparels focused on the plan to introduce the initial textile manufacturing center as part of an attempt to improve the industry. Therefore, the significant growth in government investments around the textile industry and the need for textile chemicals from numerous end-use industries around this region will further propel the market growth in the forecast duration.

By Region, North America is predicted to register the fastest growth in the forecast period

The North America textile chemicals market is predicted to witness steady growth in the forecast period due to rapid adoption of digitization, growth in sustainability, favorable government initiatives, and enhancement of steadfast supply chains. Moreover, due to growing need for technical textiles in the automotive, construction, and healthcare segment around the region are a few more factors to drive the textile chemical market in North America.

Top Market Players

Various notable players operating in the market include Achitex Minerva SpA, Archroma, Arkema Group, Chemipol (Kothari Group Of Industries), CHT Group, Covestro AG, Croda International PLC, Dow, Evonik Industries AG. among others

Key Developments

• • In 2023, Archroma and Somelos joined hands to establish a finishing procedure, be competitive in the textile industry, and develop eco-friendly cotton processing.
  • In 2023, DyStar announced Eco-Advanced Indigo Dyeing to decrease the effluent load in the production of Denim and help Denim industry to preserve valuable natural resources.
  • In 2022, Archroma signed an agreement with Huntsman Corporation to gain the latter’s Textile Effect firm to form an extensive portfolio of chemical solutions and acquire the largest market share in the market.
  • In 2021, Pulcra Chemicals successfully acquired Devan Chemicals to increase its existence and be competitive in the global market.

Segments covered in the Report:

The Textile Chemicals Market has been segmented on the basis of Type and Application. Based on the Type, the market is segmented into Colorants and Auxiliaries, Coating and Sizing Chemicals, Finishing Agents, Surfactants, Desizing Agents, Others. Based on the Application, the market is segmented into Home Textile, Apparel, Technical Textile, Others.

Report Coverage	Details
Market Revenues (2022)	USD 27.2 Billion
Market Base Year	2022
Market Forecast Period	2023-2030
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Type, By Application, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	Achitex Minerva SpA, Archroma, Arkema Group, Chemipol (Kothari Group Of Industries), CHT Group, Covestro AG, Croda International PLC, Dow, Evonik Industries AG., among others; a total of 9 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Textile Chemicals Market by Type

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

Global Textile Chemicals Market by Application

• • Apparel
  • Home Textile
  • Technical Textile
  • Others

Global Textile Chemicals Market by Region

• • North America Textile Chemicals Market (Option 1: As a part of the free 25% customization)

    • By Type
    • By Application
    • US Market All-Up
    • Canada Market All-Up

  • Europe Textile Chemicals Market (Option 2: As a part of the free 25% customization)

    • By Type
    • By Application
    • UK Market All-Up
    • Germany Market All-Up
    • France Market All-Up
    • Spain Market All-Up
    • Rest of Europe Market All-Up

  • Asia-Pacific Textile Chemicals Market (Option 3: As a part of the free 25% customization)

    • By Type
    • By Application
    • China Market All-Up
    • India Market All-Up
    • Japan Market All-Up
    • Rest of APAC Market All-Up

  • RoW Textile Chemicals Market (Option 4: As a part of the free 25% customization)

    • By Type
    • By Application
    • Brazil Market All-Up
    • South Africa Market All-Up
    • Saudi Arabia Market All-Up
    • UAE Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Market All-Up

Global Textile Chemicals Leading Market Players (Option 5: As a part of the free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Achitex Minerva SpA
  • Archroma
  • Arkema Group
  • Chemipol (Kothari Group Of Industries)
  • CHT Group
  • Covestro AG
  • Croda International PLC
  • Dow
  • Evonik Industries AG