The Textile Chemicals Market report, published by Stratview Research is Segmented by Product Type (Coating Sizing Agents, Colorant Auxiliaries, Finishing Agents, Surfactants, Desizing Agents, Bleaching Agents, and Others), by Application Type (Apparel [Sportswear, Intimates, and Outerwear], Home Textile [Bed Linens, Carpet, Curtains, and Others], Technical Textile, and Others), by Fiber Type (Natural [Cotton, Wool, and Others] and Synthetic [Polyester, Polyamide, Viscose, and Others]), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
Market Insights
The textile chemicals market size was valued at USD 26.42 Billion in 2021 and is likely to grow at a CAGR of 4.52% during 2022-2028 to reach USD 36.14 Billion in 2028.
The major contributing factors driving the market for textile chemicals are their demand owing to the increasing population and for apparel and technical textiles.
What are textile chemicals?
Textile chemicals are the chemicals that are extensively used in the textile industry to improve the performance and properties of clothes.
The report estimates the current and future demand for Textile Chemicals Market at the global, regional, as well as country-level. The report also studies all the major suppliers of the market located across the globe. The vital data/information offered in the report can play an important role for the market participants in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies in order to expedite their growth process. This exclusive report is the outcome of an exclusive research methodology including primary research and secondary research
The following are the key features of the report:
Market structure: Overview, industry life cycle analysis, supply chain analysis.
Market environment analysis: Growth drivers and constraints.
Market segment trend and forecast.
Competitive landscape and dynamics.
Attractive market segments and associated growth opportunities.
Emerging trends.
Key success factors.
Key Players
- ABITEC
- Achitex Minerva Spa
- Air Products Chemicals Inc.
- Arkema
- Nouryon
- The Lubrizol Corporation
- Chemipol (Kothari Group of Industries)
- Dainichizeika Color Chemicals Mfg. Co. Ltd
- The Dow Chemical Company
- Formosa Organic Chemical Industry Co. Ltd.
Segment Analysis
Based on the product type, the textile chemicals market is segmented as coating sizing agents, colorants auxiliaries, finishing agents, surfactants, desizing agents, bleaching agents, and others. The coating sizing agents segment accounted for the largest market share of more than 50% in 2021. As coating sizing agents enhance the strength and abrasion resistance of yarns, they are widely used in the pretreatment stage of the textile processing chain, which is a major factor driving the growth of the segment.
Based on the application type, the market is segmented as apparel, home textile, technical textile, and others. The apparel segment accounted for the largest market share of more than 45% in 2021. Increasing population and disposable income are paving the path toward unprecedented growth, bolstering the demand for apparel.
Based on the fiber type, the market is segmented as natural and synthetic. The synthetic segment is expected to maintain its dominance during the forecast period owing to its better performance with lower production cost characteristics.
In terms of regions, Asia-Pacific held the highest market share of more than 55.8% in 2021. Large population, cheap labor, rapid industrialization, and robust textile manufacturing base are the factors likely to increase the demand for textile chemicals in the region. China and India are the growth engines of the region.
Frequently Asked Questions (FAQs)
- What will be the size of the Textile Chemicals Market in the coming years?
- Who are the key players in the Textile Chemicals Market and what are their market shares?
- Which region is expected to remain the largest Textile Chemicals Market?
- Which region is expected to witness the highest growth in the Textile Chemicals Market?
- What are the key strategies adopted by the major vendors to lead in the Textile Chemicals Market?
Report Customization Options
With this detailed report, Stratview Research offers customization options to the clients. This includes detailed company profiling of additional market players, Competitive Benchmarking of key players on the parameters like: Product portfolio, geographical reach, regional presence, and strategic alliances.
About Us
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