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Phase-Xs | Biologics & Biosimilars | Coherent Market Insights

Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

Textile chemicals are compounds used in the processing and manufacturing of textiles. They enhance the manufacturing process of the textiles with specific properties and desirable look. Home furnishings, apparels, and industrial chemicals are some of the applications of the textile chemicals.

The global textile chemicals market is projected to surpass US$ 32.0 billion by the end of 2027, in terms of revenue, growing at CAGR of 3.7% during the forecast period (2020 to 2027).

Drivers

Robust growth of the apparel market is primarily fueling the market growth of textile chemicals. Increasing population coupled with the growing demand for essentials and active wear is expected to foster the market growth of the textile chemicals. The rise in demand for apparels from developing countries of Asia Pacific region such as India, China, Thailand, Malaysia, and Bangladesh is again anticipated to augment the market growth of the textile chemicals over the forecast period.

Rapid urbanization and industrialization around the globe are projected to propel the market growth of the textile chemicals. Growth in the end-user industries such as automotive, construction, healthcare, packaging, and sport are again expected to augment the market growth of the textiles chemicals. Also, growth in the urban population around the globe is another major factor propelling the market growth of the textile chemicals over the forecast period. 

Regionally, Asia-pacific dominated the global Textile Chemicals market in 2019, reporting 55% market share in terms of revenue, followed by North America and Europe, respectively.

Figure 1. Global Textile Chemicals Market, Revenue Share (%), By Region, 2019

Textile Chemicals  | Coherent Market Insights

Market Restraints

Growing concern over the use of synthetic chemicals is driving demand for sustainably-produced chemicals. This is acting as one of the major challenges for the market. Thus, hindering the market growth of the textile chemicals over the forecast period.

Growing incidences of health risks such as pulmonary edema and other respiratory problems due to high exposure of workers to chemicals is hampering product demand. This is expected to hinder the market growth of the textile chemicals.

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Textile Chemicals Market Report Coverage

Report Coverage Details
Base Year: 2019 Market Size in 2019: US$ 24.5 Bn
Historical Data for: 2017 to 2019 Forecast Period: 2020 to 2027
Forecast Period 2020 to 2027 CAGR: 3.7% 2027 Value Projection: US$ 32.0 Bn
Geographies covered:
  • North America: U.S., Canada
  • Latin America: Brazil, Mexico, Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, Rest of Asia Pacific
  • Middle East & Africa: South Africa, GCC Countries, Rest of Middle East & Africa
Segments covered:
  • By Product Type: Coating & Sizing Chemicals, Colorants & Auxiliaries, Finishing Agents, Surfactants, Desizing Agents, Bleaching Agents, Yarn Lubricants
  • By Application: Home Furnishing, Apparel, Industrial
Companies covered:

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

Growth Drivers:
  • Rising demand for high performance textiles from various end-user industries
  • Rise in demand for premium apparels and active wear in developing countries of Asia-pacific region
  • Expansion of the technical textiles industry around the globe
Restraints & Challenges:
  • Growing demand for sustainably-produced chemicals owing to rising concerns over the use of synthetic chemicals

Market Opportunities

The rising demand for high strength textile from the construction industry is projected to bring new market opportunities. Textile chemicals provide high strength and modulus to the textiles and fabrics that are ideal for the construction industry. Robust growth in the construction industry due to increasing construction activities around the globe coupled with the growing awareness regarding the workers' safety is accelerating the market growth of the textile chemicals.

Growing demand for sterilized textiles from the medical industry is projected to provide lucrative market opportunities over the forecast period. Textile chemicals play a key role in sterilizing the textiles by offering antimicrobial protection against pathogens and microorganism. Medical textiles product composed of sponges, burn sheets, sheets, and sterilization wraps. Thus, growing demand for sterilized textiles from the medical industry is propelling the market growth. 

Figure 2. Global Textile Chemicals Market – Opportunity Analysis

Textile Chemicals  | Coherent Market Insights

Market Trends

Increasing spending on the home furnishing product by consumers is one of the current trends in the market. This is attributed to the increasing disposable income and improving lifestyle of the consumers. Increasing demand for home decor products such as rugs, upholstery, carpets, curtains, and table linens is again anticipated to foster market growth. Also, shifting preferences for aesthetic textile products are again projected to foster market growth.

Constantly changing fashion trends coupled with the increasing number of the working population is driving demand for fashionable clothes. This, in turn, is stimulating the market growth of the textile chemicals. Rising demand for casual wear and formals due to the growing number of working populations is again projected to bolster the market growth. Moreover, manufacturers of the textile industry are targeting kids segments with the launch of fashionable clothes. This is further expected to spur the market growth.

Figure 3. Global Textile Chemicals Market, Revenue Share (%), By Product Type, in 2019

Textile Chemicals  | Coherent Market Insights

On the basis of product type, coating & sizing chemicals dominated the global textile chemicals market in 2019 with around 30% of market share in terms of revenue, followed by colorants & auxiliaries and finishing agents, respectively.

Figure 4. Global Textile Chemicals Market – Value Chain Analysis

Textile Chemicals  | Coherent Market Insights

Global Textile Chemical Market - Impact of Coronavirus (Covid-19) Pandemic

The demand for textile depend on various end-use industries such as Household, Furnishing, Apparel, and automotive industries, which have faced hindrance amidst of the ongoing pandemic outbreak. This is expected to hamper the growth of technical textiles market for short period till end quarter of 2020. Also producers across the globe are expected to move away from China aiming to reduce the future risks that would affect the business and to reduce the manufacturers' cluster in a single country in order to smoothen the supply chain.

Competitive Section:

Key players are operating in the global textile Chemical market are The DyStar Group, Lonsen, The Lubrizol Corporation, The Dow Chemical Company, Kiri Industries, Huntsman Corporation, BASF SE, Archroma, Omnova Solutions Inc., Solvay SA, Bayer MaterialScience

Few Recent Developments

  • In August 2019, the manufacturer of specialty chemicals Huntsman Corp., Woodlands, TX/USA, has entered into an agreement to sell its chemical intermediates businesses to the chemical company Indorama Ventures Public Co. Ltd. (IVL), Bangkok/Thailand. The total deal was valued at US$ 2.076 billion.

Textile is a flexible material which is formed by various processes, such as knitting, weaving, crocheting, or felting. Textile materials are broadly used to production of a wide range of finished goods, such as kitchen, transportation, bedding, upholstery, construction, medical, protective equipment, apparel, handbags, and other clothing accessories.

Market Dynamics

The global textile chemicals market has witnessed significant growth in recent past years, owing to rising awareness about personal protective equipment (PPE) in the manufacturing industry on account of stringent regulations for worker safety. This is has led to an increase in demand for engineering fiber materials such as nylon.

Furthermore, rising research & developments and technological innovations in terms of new upholstery products derived from coated fabrics and spider silk are expected to open opportunity for the global textile chemicals market forecast period. Textile manufacturing companies focus on increasing expenditure toward the establishment of strategic partnerships with e-commerce portals in order to expand their market reach. This scenario is expected to fuel the market during the forecast period.

Key features of the study:

  • This report provides in-depth analysis of global Textile Chemicals market size (US$ Billion and Kilo tons), and Compound Annual Growth Rate (CAGR %) for the forecast period (2020 – 2027), considering 2019 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights into market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
  • It profiles leading players in the global Textile Chemicals market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study includes The DyStar Group, Lonsen, The Lubrizol Corporation, The Dow Chemical Company, Kiri Industries, Huntsman Corporation, BASF SE, Archroma, Omnova Solutions Inc., Solvay SA, Bayer MaterialScience
  • Insights from this report would allow marketers and the management authorities of companies to make informed decision regarding their future product launches, product up-gradation, market expansion, and marketing tactics
  • The global Textile Chemicals market report caters to various stakeholders in this industry including investors, suppliers, global Textile Chemicals 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 End-user:
    • Coating & Sizing Chemicals
    • Colorants & Auxiliaries
    • Finishing Agents
    • Surfactants
    • Desizing Agents
    • Bleaching Agents
    • Yarn Lubricants
  • Global Textile Chemicals Market, By Product Type:
    • Home Furnishing
    • Apparel
    • Industrial
  • Global Textile Chemicals Market, By Region:
    • North America
      • U.S.
        • By Product Type
          • Coating & Sizing Chemicals
          • Colorants & Auxiliaries
          • Finishing Agents
          • Surfactants
          • Desizing Agents
          • Bleaching Agents
          • Yarn Lubricants
        • By End-user
          • Transportation
          • Construction
          • Packaging
          • Machinery
          • Electrical
          • Others
      • Canada
        • By Product Type
          • Coating & Sizing Chemicals
          • Colorants & Auxiliaries
          • Finishing Agents
          • Surfactants
          • Desizing Agents
          • Bleaching Agents
          • Yarn Lubricants
        • By End-user
          • Transportation
          • Construction
          • Packaging
          • Machinery
          • Electrical
          • Others
    • Latin America
      • Brazil
        • By Product Type
          • Coating & Sizing Chemicals
          • Colorants & Auxiliaries
          • Finishing Agents
          • Surfactants
          • Desizing Agents
          • Bleaching Agents
          • Yarn Lubricants
        • By End-user
          • Transportation
          • Construction
          • Packaging
          • Machinery
          • Electrical
          • Others
      • Mexico
        • By Product Type
          • Coating & Sizing Chemicals
          • Colorants & Auxiliaries
          • Finishing Agents
          • Surfactants
          • Desizing Agents
          • Bleaching Agents
          • Yarn Lubricants
        • By End-user
          • Transportation
          • Construction
          • Packaging
          • Machinery
          • Electrical
          • Others
      • Rest of Latin America
        • By Product Type
          • Coating & Sizing Chemicals
          • Colorants & Auxiliaries
          • Finishing Agents
          • Surfactants
          • Desizing Agents
          • Bleaching Agents
          • Yarn Lubricants
        • By End-user
          • Transportation
          • Construction
          • Packaging
          • Machinery
          • Electrical
          • Others
    • Europe
      • EU 5
        • By Product Type
          • Coating & Sizing Chemicals
          • Colorants & Auxiliaries
          • Finishing Agents
          • Surfactants
          • Desizing Agents
          • Bleaching Agents
          • Yarn Lubricants
        • By End-user
          • Transportation
          • Construction
          • Packaging
          • Machinery
          • Electrical
          • Others
      • Benelux
        • By Product Type
          • Coating & Sizing Chemicals
          • Colorants & Auxiliaries
          • Finishing Agents
          • Surfactants
          • Desizing Agents
          • Bleaching Agents
          • Yarn Lubricants
        • By End-user
          • Transportation
          • Construction
          • Packaging
          • Machinery
          • Electrical
          • Others
      • Nordic
        • By Product Type
          • Coating & Sizing Chemicals
          • Colorants & Auxiliaries
          • Finishing Agents
          • Surfactants
          • Desizing Agents
          • Bleaching Agents
          • Yarn Lubricants
        • By End-user
          • Transportation
          • Construction
          • Packaging
          • Machinery
          • Electrical
          • Others
    • Asia Pacific
      • China
        • By Product Type
          • Coating & Sizing Chemicals
          • Colorants & Auxiliaries
          • Finishing Agents
          • Surfactants
          • Desizing Agents
          • Bleaching Agents
          • Yarn Lubricants
        • By End-user
          • Transportation
          • Construction
          • Packaging
          • Machinery
          • Electrical
          • Others
      • Japan
        • By Product Type
          • Coating & Sizing Chemicals
          • Colorants & Auxiliaries
          • Finishing Agents
          • Surfactants
          • Desizing Agents
          • Bleaching Agents
          • Yarn Lubricants
        • By End-user
          • Transportation
          • Construction
          • Packaging
          • Machinery
          • Electrical
          • Others
      • India
        • By Product Type
          • Coating & Sizing Chemicals
          • Colorants & Auxiliaries
          • Finishing Agents
          • Surfactants
          • Desizing Agents
          • Bleaching Agents
          • Yarn Lubricants
        • By End-user
          • Transportation
          • Construction
          • Packaging
          • Machinery
          • Electrical
          • Others
      • Australia & New Zealand
        • By Product Type
          • Coating & Sizing Chemicals
          • Colorants & Auxiliaries
          • Finishing Agents
          • Surfactants
          • Desizing Agents
          • Bleaching Agents
          • Yarn Lubricants
        • By End-user
          • Transportation
          • Construction
          • Packaging
          • Machinery
          • Electrical
          • Others
      • Rest of Asia Pacific
        • By Product Type
          • Coating & Sizing Chemicals
          • Colorants & Auxiliaries
          • Finishing Agents
          • Surfactants
          • Desizing Agents
          • Bleaching Agents
          • Yarn Lubricants
        • By End-user
          • Transportation
          • Construction
          • Packaging
          • Machinery
          • Electrical
          • Others
    • Middle East & Africa
      • GCC
        • By Product Type
          • Coating & Sizing Chemicals
          • Colorants & Auxiliaries
          • Finishing Agents
          • Surfactants
          • Desizing Agents
          • Bleaching Agents
          • Yarn Lubricants
        • By End-user
          • Transportation
          • Construction
          • Packaging
          • Machinery
          • Electrical
          • Others
      • South Africa
        • By Product Type
          • Coating & Sizing Chemicals
          • Colorants & Auxiliaries
          • Finishing Agents
          • Surfactants
          • Desizing Agents
          • Bleaching Agents
          • Yarn Lubricants
        • By End-user
          • Transportation
          • Construction
          • Packaging
          • Machinery
          • Electrical
          • Others
      • Rest of Middle East & Africa
        • By Product Type
          • Coating & Sizing Chemicals
          • Colorants & Auxiliaries
          • Finishing Agents
          • Surfactants
          • Desizing Agents
          • Bleaching Agents
          • Yarn Lubricants
        • By End-user
          • Transportation
          • Construction
          • Packaging
          • Machinery
          • Electrical
          • Others
  • Company Profiles
    • The DyStar Group*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Lonsen
    • The Lubrizol Corporation
    • The Dow Chemical Company
    • Kiri Industries
    • Huntsman Corporation
    • BASF SE
    • Archroma,
    • Omnova Solutions Inc.
    • Solvay SA
    • Bayer Material Science

 “*” marked represents similar segmentation in other categories in the respective.

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
      • Drivers
        • Supply Side Drivers
        • Demand Side Drivers
        • Economic Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • PEST Analysis
      • PORTER’s Analysis
      • New Product Approvals/Launch
      • Promotion and Marketing Initiatives
  4. Global Textile Chemicals Market, By Product Type 2017 - 2027 (US$ Billion and Kilo Tons)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
      • Segment Trends
    • Coating & Sizing Chemicals
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
    • Colorants & Auxiliaries
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
    • Finishing Agents
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
    • Surfactants
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
    • Desizing Agents
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
    • Bleaching Agents
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
    • Yarn Lubricants
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
  5. Global Textile Chemicals Market, By End-user 2017 - 2027 (US$ Billion and Kilo Tons)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
      • Segment Trends
    • Home Furnishing
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
    • Apparel
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
    • Others
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
  6. Global Textile Chemicals Market, By Region, 2017- 2027 (US$ Billion and Kilo Tons)
    • Introduction
      • Market Share Analysis, By Region, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Region, 2019 - 2027
    • North America
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • U.S.
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By End-user, 2017- 2027 (US$ Billion and Kilo Tons)
        • Canada
          • Country Trends
          • Market Size and Forecast, By End-user, 2017- 2027 (US$ Billion and Kilo Tons)
    • Latin America
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • Brazil
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By End-user, 2017- 2027 (US$ Billion and Kilo Tons)
        • Argentina
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By End-user, 2017- 2027 (US$ Billion and Kilo Tons)
        • Mexico
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By End-user, 2017- 2027 (US$ Billion and Kilo Tons)
        • Rest of Latin America
          • Sub-region/Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By End-user, 2017- 2027 (US$ Billion and Kilo Tons)
    • Europe
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • France
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By End-user, 2017- 2027 (US$ Billion and Kilo Tons)
        • Germany
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By End-user, 2017- 2027 (US$ Billion and Kilo Tons)
        • Italy
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By End-user, 2017- 2027 (US$ Billion and Kilo Tons)
        • Spain
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By End-user, 2017- 2027 (US$ Billion and Kilo Tons)
        • U.K.
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By End-user, 2017- 2027 (US$ Billion and Kilo Tons)
        • Nordic
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By End-user, 2017- 2027 (US$ Billion and Kilo Tons)
        • Benelux
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By End-user, 2017- 2027 (US$ Billion and Kilo Tons)
        • Russia
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By End-user, 2017- 2027 (US$ Billion and Kilo Tons)
        • Poland
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By End-user, 2017- 2027 (US$ Billion and Kilo Tons)
        • Rest of Europe
          • Sub-region/ Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By End-user, 2017- 2027 (US$ Billion and Kilo Tons)
    • Asia Pacific
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • China
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By End-user, 2017- 2027 (US$ Billion and Kilo Tons)
        • India
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By End-user, 2017- 2027 (US$ Billion and Kilo Tons)
        • Japan
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By End-user, 2017- 2027 (US$ Billion and Kilo Tons)
        • Oceania
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By End-user, 2017- 2027 (US$ Billion and Kilo Tons)
        • ASEAN
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By End-user, 2017- 2027 (US$ Billion and Kilo Tons)
        • Rest of Asia Pacific
          • Sub-region/ Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By End-user, 2017- 2027 (US$ Billion and Kilo Tons)
    • Middle East & Africa
      • Market Share Analysis, By Country/ Sub-region, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country/ Sub-region, 2019 - 2027
        • GCC
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By End-user, 2017- 2027 (US$ Billion and Kilo Tons)
        • South Africa
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By End-user, 2017- 2027 (US$ Billion and Kilo Tons)
        • Rest of Middle East & Africa
          • Sub-region/Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By End-user, 2017- 2027 (US$ Billion and Kilo Tons)
  7. Competitive Landscape
    • Market Share Analysis
    • Company Profiles
      • The DyStar Group
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Lonsen
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • The Lubrizol Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • The Dow Chemical Company
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Kiri Industries
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Huntsman Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • BASF SE
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Archroma,
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Omnova Solutions Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Solvay SA
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Bayer Material Science
    • References
    • Research Methodology
    • About us and Sales Contact

* Browse 45 market data tables* and 30 figures* on "Global Textile Chemicals Market” – global forecast to 2027

FAQgrowicon

Frequently Asked Questions

The market for global textile chemicals is forecast to surpass US$ 32 billion by 2027 witnessing a CAGR of 3.7% between 2020 and 2027.
Rising demand for high performance textiles from various end-user industries and rise in demand for premium apparels and active wear in developing countries of Asia-pacific region is expected to drive global textile chemicals market in the forecast period.
Increasing spending on the home furnishing product by consumers is expected to favor market growth over the forecast period.
Growing concern over the use of synthetic chemicals is driving demand for sustainably-produced chemicals. This factor is expected to hamper the growth the market during the forecast period.
Major players operating in the global textile chemicals market 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 MaterialScience.
The global textile chemicals market was estimated to be valued around US$ 24.5 billion in terms of revenue in 2019.
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