San Francisco, 01 August 2024: The Report Textile Chemicals Market Size, Share & Trends Analysis Report By Product (Coating & Sizing Chemicals, Colorants & Auxiliaries), By Application (Apparel, Technical Textiles), By Process, By Region, And Segment Forecasts, 2024 - 2030

The global textile chemicals market size is expected to reach USD 36.14 billion by 2030, registering a CAGR of 4.5% from 2024 to 2030, according to a new report by Grand View Research, Inc. The growth is majorly driven by increasing demand for textile products from major applications including apparel, home furnishing, technical textiles, and others.

Rapidly growing demand from the apparel industry is anticipated to propel the demand for the product during the forecast period. Home furnishing, specifically in developing economies, demanding modern and attractive furniture products is expected to have a positive impact on the growth of the market.

Numerous chemicals are used in the fabric manufacturing industry to offer a wide range of performance features during the production process, which are known as process chemicals. These end products include biopolishing enzymes, desizing enzymes, flame retardants, antiviral/antimicrobial agents, lubricating/anti-crease agents, water and oil repellents, printing auxiliaries, and softening agents.

Based on existing operations and technologies, new application areas for textile chemicals are being developed, wherein these products can help improve efficiency, promote cost reduction, reduce environmental impacts, and ensure the performance of formulations. Application sectors for the product include apparel, home furnishing, technical textiles, and others. STYLUS APPAREL; HYAK DESIGN GROUP; Suuchi Inc.; TechniTextile Québec; and Stafford Textiles Limited are some of the major end-users in the market.

The manufacturing of textile chemicals is highly dependent on abundant availability and favorable costs of raw materials. In this market, successful commercialization of products such as yarn lubricants, finishing agents, coating & sizing agents, and others and investments in production capacity are some of the key strategies of the market players.

The market is highly competitive owing to the presence of a large number of manufacturers with a global presence. The leading product manufacturers include Dow, Huntsman International LLC, The Lubrizol Corporation, Archroma, Evonik Industries AG, and Solvay S.A.

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The demand for textile chemicals is increasing rapidly due to the booming clothing and apparel industry, driven by the rising global population, urbanization, and higher disposable incomes. In addition, the growing trend towards sustainable and functional textiles has led to the development and use of advanced chemicals that enhance fabric properties such as durability, stain resistance, and comfort. Innovations in textile manufacturing processes, such as digital printing and nanotechnology, also require specialized chemicals, further fueling demand. Moreover, the expansion of textile production in developing countries with lower labor costs contributes to the heightened need for these chemicals to meet international quality and environmental standards.

Textile Chemicals Market Report Highlights

• Asia Pacific dominated the market in 2023 with a revenue share of more than 57.52%. This is attributed to rapid urbanization, economic resilience during the COVID-19 pandemic, and modernization of textile and chemical manufacturing processes
• Treatment of finished products is expected to grow at the highest CAGR in terms of revenue during the forecast period. The demand is expected to rise as the process gives the products the desired properties, as well as improves the handling and aesthetic properties
• The coating process segment dominated the market in 2023 with a revenue share of more than 71.32%., as it can enhance or improve the fabric properties and characteristics
• The coating and sizing chemicals segment dominated the market in 2023 with a revenue share of more than 50.5%. This is attributable to the growing demand for chemicals that improve or enhance their aesthetic properties and characteristics in the finishing treatment of processing textiles
• Technical textiles application is expected to grow at the fastest CAGR in terms of revenue during the forecast period. The demand for these products is anticipated to augment specifically from different industries such as transportation, agriculture, and construction

Textile chemicals are a diverse array of substances used during the various stages of clothing manufacturing and processing to enhance the characteristics and performance of fibers and fabrics. These chemicals include dyes, finishing agents, softeners, surfactants, and other specialty chemicals that impart color, improve texture, increase durability, and add specific functionalities like water repellency or flame resistance.

In today's emerging world, these products are of paramount importance due to the increasing demand for high-quality and multifunctional textiles. As consumers seek more sustainable, durable, and technologically advanced fabrics, the role of these chemicals becomes crucial in meeting these expectations. They enable innovations in clothing production, such as eco-friendly dyes and finishes, which support sustainability goals. In addition, the growth of technical textiles used in healthcare, construction, and automotive industries relies heavily on advanced products to provide specific performance characteristics essential for these applications. Thus, these products are central to driving progress and meeting the evolving needs of the global textile market.

The most prominent driver for textile chemicals on a global scale is the increasing demand for high-performance and sustainable clothing. As consumers become more environmentally conscious and seek higher quality products, the clothing industry is compelled to adopt advanced chemical solutions that enhance fabric properties while minimizing environmental impact. This includes the use of eco-friendly dyes, non-toxic finishing agents, and biodegradable chemicals that reduce pollution and promote sustainability. In addition, the growth of the fashion industry, along with expanding applications of technical textiles in various sectors such as healthcare, automotive, and construction, further fuels the demand for innovative products. These factors collectively make the push for sustainability and performance the leading driver in the global product market.

Textile Chemicals Market Report Scope

Key Textile Chemicals Companies:

The following are the leading companies in the textile chemicals market. These companies collectively hold the largest market share and dictate industry trends.

• AB Enzymes
• Archroma
• BASF SE
• BioTex Malaysia
• Dow
• Ethox Chemicals, LLC
• Evonik Industries AG.
• Fibro Chem, LLC
• German Chemicals Ltd.
• Govi N.V.
• Huntsman International LLC
• Kemira Oyj