Precedence Research recently published a report on “Textile Chemicals Market Size, Share and Growth Analysis (By Product: Dyes & Dyestuff (Basic Dyes, Acid Dyes, Direct Dyes, Reactive Dyes, Others), Coating & Sizing Chemicals (Defoamers, Wetting Agents, Others), Surfactants, Finishing Agents, De-sizing Agents, Yarn Lubricants, Bleaching Agents, and Others; By Application: Technical Textiles (Geotech, Meditech, Agrotech, and Others), Home Furnishing Textiles, Industrial Textiles, and Apparel) – Global Industry Analysis, Trends, Regional Outlook and Forecast 2027”. Amid the COVID-19 crisis, The global textile chemicals market size is projected to reach USD 35.4 billion by 2027, at a CAGR of 4.3% from 2020 – 2027.
The market revenue/volume with the help of widespread quantitative and qualitative insights, and forecasts of the market. This report presents breakdown of market into forthcoming and niche segments. Additionally, this research study gauges market revenue growth and its drift at global, regional, and country from 2016 to 2027. This research report evaluates textile chemicals market on a global and regional level. It offers thorough analysis of market status, growth and forecast of the global textile chemicals market for the period from 2016 to 2027. This research study offers historic data for years 2016 to 2019 along with a forecast from 2020 to 2027 based on value.
Textile chemicals are the bleaching agents, colorants, surfactants, finishing agents, desizing & sizing agents, and yarn lubricants. These are used during the weaving process of yarns at various stages to provide strength and attractive feature to the apparel or textile. With technological advancement in the textile manufacturing process, industry players have introduced smart textiles that offer dynamic functionalities. Furthermore, in some industry such as defense & military, apparel are designed with integrated chips, sensors, and other advanced features.
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Growth Factors
Rapid growth in the apparel industry drives the textile chemicals market prominently. To explore more market opportunities market players are collaborating with the stakeholders in apparel industry value chain. Furthermore, a paradigm shift in the sustainable and responsible manufacturing has upended the market trend for types of textile chemicals. Presently, green and eco-friendly textile chemicals are the most preferred chemicals in the market. Furthermore, public awareness has also triggered the use of non-toxic and green dyes and colorants to remain safe from skin allergies and other diseases.
However, governments from various regions have imposed stringent regulation for the application of harmful chemicals such as chlorine bleach, VOCs, and formaldehyde in the manufacturing process of textile chemicals. This is largely attributed to the health problems to the industry workers that are exposed to these chemicals as some of them are highly toxic in nature. Hence, manufacturers have to develop sustainable solution for the textile manufacturing along with increased attention towards cost-effective feature.
Scope of the Study
This textile chemicals market report studies market dynamics, status and outlook especially in North America, Europe and Asia-Pacific, Latin America, Middle East and Africa. This research report offers scenario and forecast (revenue/volume), and categorizes market by players, type, application, and region. This report also studies global market prominence, competitive landscape, market share, growth rate market dynamics such as drivers, restraints and opportunities, and distributors and sales channel.
This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers competitive scenario which comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.
Report Highlights
Regional Snapshots
In 2019, the Asia Pacific dominated the global textile chemicals market with magnificent revenue share. Low production and labor cost supported by new technologies has resulted in the rapid growth of the region. China is the largest producer and consumer of textile chemicals across the world. It exports most of its products to North America and Europe. Besides this, India, Bangladesh, Vietnam, and Indonesia are some of the other major textile producing nations in Asia region. For instance, apparel and clothing export business in Bangladesh raised three folds between 2008 and 2018. Further, the textile industry contributes approximately 13% to the country’s GDP. According to Bangladesh Textile Mills Association (BTMA), total number of spinning mills in Bangladesh rose from 260 to 430 between 2006 and 2018.
However, Europe and North America project lucrative growth during the forecast period. Rising demand for technical textiles in the regions is the key factor that drives the market growth. The regions being technically advanced adapt new technologies easily and primarily than other regions. Therefore, disruption in automotive industry along with other industries such as fashion, manufacturing, and others prominently drives the demand for textile chemicals in the region.
Key Players:
This report also provides detailed company profiles of the key market players. This research report also highlights the competitive landscape of the textile chemicals market and ranks noticeable companies as per their occurrence in diverse regions across globe and crucial developments initiated by them in the market space. This research study also tracks and evaluates competitive developments, such as collaborations, partnerships, and agreements, mergers and acquisitions; novel product introductions and developments, promotion strategies and Research and Development (R&D) activities in the marketplace. The competitive profiling of these players includes business and financial overview, gross margin, production, sales, and recent developments which can aid in assessing competition in the market.
Some of the prominent players in the textile chemicals market include:
Segments Covered in the Report
This research study analyzes and predicts revenue and growth trend of the market at global, regional, and country levels and offers an assessment of the newest industry trends in all of the sub-segments from 2016 to 2027. This report offers breakdown of global textile chemicals market on the basis of product, application, and region as follows:
By Product Outlook
By Application Outlook
By Regional Outlook
Key Points Covered in textile chemicals market Study:
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Textile Chemicals Market, By Product
7.1. Textile Chemicals Market, by Product Type, 2020-2027
7.1.1. Dyes & Dyestuff (Basic Dyes, Acid Dyes, Direct Dyes, Others)
7.1.1.1. Market Revenue and Forecast (2016-2027)
7.1.2. Coating & Sizing Chemicals (Defoamers, Wetting Agents, Others)
7.1.2.1. Market Revenue and Forecast (2016-2027)
7.1.3. Surfactants
7.1.3.1. Market Revenue and Forecast (2016-2027)
7.1.4. Finishing Agents
7.1.4.1. Market Revenue and Forecast (2016-2027)
7.1.5. De-sizing Agents
7.1.5.1. Market Revenue and Forecast (2016-2027)
7.1.6. Yarn Lubricants
7.1.6.1. Market Revenue and Forecast (2016-2027)
7.1.7. Bleaching Agents
7.1.7.1. Market Revenue and Forecast (2016-2027)
7.1.8. Others
7.1.8.1. Market Revenue and Forecast (2016-2027)
Chapter 8. Global Textile Chemicals Market, By Application
8.1. Textile Chemicals Market, by Application, 2020-2027
8.1.1. Technical Textiles (Geotech, Meditech, Agrotech, Others)
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.2. Home Furnishing Textiles (Furniture, Carpets & Rugs, Others)
8.1.2.1. Market Revenue and Forecast (2016-2027)
8.1.3. Industrial Textiles
8.1.3.1. Market Revenue and Forecast (2016-2027)
8.1.4. Apparel
8.1.4.1. Market Revenue and Forecast (2016-2027)
Chapter 9. Global Textile Chemicals Market, Regional Estimates and Trend Forecast
9.1. North America
9.1.1. Market Revenue and Forecast, by Product (2016-2027)
9.1.2. Market Revenue and Forecast, by Application (2016-2027)
9.1.3. U.S.
9.1.3.1. Market Revenue and Forecast, by Product (2016-2027)
9.1.3.2. Market Revenue and Forecast, by Application (2016-2027)
9.1.4. Rest of North America
9.1.4.1. Market Revenue and Forecast, by Product (2016-2027)
9.1.4.2. Market Revenue and Forecast, by Application (2016-2027)
9.2. Europe
9.2.1. Market Revenue and Forecast, by Product (2016-2027)
9.2.2. Market Revenue and Forecast, by Application (2016-2027)
9.2.3. UK
9.2.3.1. Market Revenue and Forecast, by Product (2016-2027)
9.2.3.2. Market Revenue and Forecast, by Application (2016-2027)
9.2.4. Germany
9.2.4.1. Market Revenue and Forecast, by Product (2016-2027)
9.2.4.2. Market Revenue and Forecast, by Application (2016-2027)
9.2.5. France
9.2.5.1. Market Revenue and Forecast, by Product (2016-2027)
9.2.5.2. Market Revenue and Forecast, by Application (2016-2027)
9.2.6. Rest of Europe
9.2.6.1. Market Revenue and Forecast, by Product (2016-2027)
9.2.6.2. Market Revenue and Forecast, by Application (2016-2027)
9.3. APAC
9.3.1. Market Revenue and Forecast, by Product (2016-2027)
9.3.2. Market Revenue and Forecast, by Application (2016-2027)
9.3.3. India
9.3.3.1. Market Revenue and Forecast, by Product (2016-2027)
9.3.3.2. Market Revenue and Forecast, by Application (2016-2027)
9.3.4. China
9.3.4.1. Market Revenue and Forecast, by Product (2016-2027)
9.3.4.2. Market Revenue and Forecast, by Application (2016-2027)
9.3.5. Japan
9.3.5.1. Market Revenue and Forecast, by Product (2016-2027)
9.3.5.2. Market Revenue and Forecast, by Application (2016-2027)
9.3.6. Rest of APAC
9.3.6.1. Market Revenue and Forecast, by Product (2016-2027)
9.3.6.2. Market Revenue and Forecast, by Application (2016-2027)
9.4. MEA
9.4.1. Market Revenue and Forecast, by Product (2016-2027)
9.4.2. Market Revenue and Forecast, by Application (2016-2027)
9.4.3. GCC
9.4.3.1. Market Revenue and Forecast, by Product (2016-2027)
9.4.3.2. Market Revenue and Forecast, by Application (2016-2027)
9.4.4. North Africa
9.4.4.1. Market Revenue and Forecast, by Product (2016-2027)
9.4.4.2. Market Revenue and Forecast, by Application (2016-2027)
9.4.5. South Africa
9.4.5.1. Market Revenue and Forecast, by Product (2016-2027)
9.4.5.2. Market Revenue and Forecast, by Application (2016-2027)
9.4.6. Rest of MEA
9.4.6.1. Market Revenue and Forecast, by Product (2016-2027)
9.4.6.2. Market Revenue and Forecast, by Application (2016-2027)
9.5. Latin America
9.5.1. Market Revenue and Forecast, by Product (2016-2027)
9.5.2. Market Revenue and Forecast, by Application (2016-2027)
9.5.3. Brazil
9.5.3.1. Market Revenue and Forecast, by Product (2016-2027)
9.5.3.2. Market Revenue and Forecast, by Application (2016-2027)
9.5.4. Rest of LATAM
9.5.4.1. Market Revenue and Forecast, by Product (2016-2027)
9.5.4.2. Market Revenue and Forecast, by Application (2016-2027)
Chapter 10. Company Profiles
10.1. Archroma
10.1.1. Company Overview
10.1.2. Product Offerings
10.1.3. Financial Performance
10.1.4. Recent Initiatives
10.2. Lonsen Inc.
10.2.1. Company Overview
10.2.2. Product Offerings
10.2.3. Financial Performance
10.2.4. Recent Initiatives
10.3. Evonik Industries AG
10.3.1. Company Overview
10.3.2. Product Offerings
10.3.3. Financial Performance
10.3.4. Recent Initiatives
10.4. Huntsman
10.4.1. Company Overview
10.4.2. Product Offerings
10.4.3. Financial Performance
10.4.4. Recent Initiatives
10.5. Solvay
10.5.1. Company Overview
10.5.2. Product Offerings
10.5.3. Financial Performance
10.5.4. Recent Initiatives
10.6. CHT Group
10.6.1. Company Overview
10.6.2. Product Offerings
10.6.3. Financial Performance
10.6.4. Recent Initiatives
Chapter 11. Research Methodology
11.1. Primary Research
11.2. Secondary Research
11.3. Assumptions
Chapter 12. Appendix
12.1. About Us
12.2. Glossary of Terms
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