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Textile Chemicals Market By Product (Coating And Sizing Chemicals, Finishing Agents, Colorants And Auxiliaries, Surfactants, Desizing Agents, Yarn Lubricants, Bleaching Agents), By Application (Home Furnishings, Apparel Industries, Industrial And Other Applications) - Growth, Future Prospects And Competitive Analysis, 2017 - 2025

Textile chemicals plays a vital role in various commercial and industrial sectors. Textile chemicals are used for the well-organized manufacturing process of textiles and gives the desirable specifications of the end product. Rising demand for eco-friendly fabrics in the global textiles market, have propelled the manufacturers to develop chemicals that boost the endurably of textile production. Use of nanotechnology in textile industry led to the manufacturing of high quality chemical resistance fiber, along with sustainable strength, antibacterial properties, and water repellence property. The home furnishing segment is the largest segment accounted for more than 35% share of global textile chemicals market in 2016. The textile chemicals industry is driven by continuous R&D to form innovative textile products. Implementation of innovative technologies along with the growing clothing demand have braced the growth of textile chemicals.

Asia Pacific was the leading market for global textile chemicals accounted for more than 55% of the total market in 2016. China and India are the prime consumers of textile chemicals owing to the huge production of apparel and textile. Increasing domestic demand, growing exports, cheap labor availability and low production costs are the key factors driving the future market of textile chemicals in Asia Pacific market.

Textile Chemicals Market

The report titled “Textile Chemicals Market - Growth, Future Prospects and Competitive Analysis, 2017– 2025” offers strategic insights into the textile chemicals market along with the market size and estimates for the duration 2015 to 2025. The said research study covers in-depth analysis of multiple market segments based on product type, application, and cross-sectional study across different geographies. The study covers the comparative analysis of different segments for the years 2016 & 2025. The report also provides a prolific view on market dynamics such as market drivers, trends, restraints and opportunities. The report incorporates a separate section highlighting key trends analysis of the overall textile chemical market.

In order to help the strategic decision makers, the report also includes profiles of the leading textile chemical manufacturers, their business strategies and key developments. Some of the major players profiled in the report are Archroma, BASF SE, Bayer AG, Covestro AG, Dow Chemical Company, DyStar Group, Fibro Chem, LLC, German Chemicals Ltd., Huntsman International LLC, Kiri Industries Limited, Omnova Solutions, Inc., Omya United Chemicals, Pulcra Chemicals, Sumitomo Chemicals Co., Ltd., and The Lubrizol Corporation. The section further includes a brief on key strategies adopted by the major players operating in the market. Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the textile chemicals market
  • Market drivers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis
  • Trailing 2-Year market size data (2015 – 2016)
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the textile chemicals market, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above mentioned factors.

Based on the application, the textile chemical market is segmented as follows:

  • Home Furnishings
  • Apparel Industries
  • Industrial and Other Applications

Textile Chemicals Market

Home furnishing applications was the largest market in 2016 with a share of more than 35% of the total application segment. The growth of real estate and housing sector in the developing countries such as China and India led to increase in the demand of home furnishing applications. Growth in the per capita spending of consumer in home furnishing in developing countries is expected to increase demand in material and other architectural applications. Moreover, growing infrastructural development and increasing urbanization is anticipated to boost the industry growth. Industrial and other applications are also expected to show decent growth during the forecast period. Increasing demand for excellent quality textiles to ensure safety and to provide protection at a time of variability of temperature and pressure, is also driving the demand of textile chemical in the industrial applications.

For the purpose of this study, the global textile chemical market is categorized into the following geographies and sub-geographies:

  • North America (U.S, and Canada)
  • Europe (France, Germany, Spain, Italy, U.K., and Rest of Europe)
  • Asia Pacific (China, India, and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico, and Rest of Latin America)
  • Middle East and Africa (Saudi Arabia, and Rest of Middle East and Africa)

Textile Chemicals Market

Asia Pacific accounted for more than 55% of total textile chemical market in 2016 and is projected to be the dominating region during the forecast period. Growing textile production and government’s encouragement for the promoting of their industry especially in the countries such as India, China, Malaysia, Vietnam, Bangladesh, and Indonesia are expected to drive the regional textile chemical market. China is the largest producer and consumer of textile chemicals globally. China has a huge domestic demand, it also exports a large amount of textile chemical to countries such as America, Japan, and Europe. The rise in disposable incomes of the population has led to a boost in the domestic consumption of apparels especially in appeals, and home furnishings.

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Published Date:  Sep 2017
Category:  Chemicals
Report ID:   57885
Report Format:   PDF
Pages:   120
Rating:    4.1 (40)
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