Textile Chemicals Market Size, Share, Trend, Forecast, & Industry Analysis and Growth Opportunity – 2022-2028
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Textile Chemicals Market Size, Share, Trend, Forecast, & Industry Analysis and Growth Opportunity – 2022-2028
Textile Chemicals Market 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 FiberType (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).
Textile Chemicals Market 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...
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.
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Segment Analysis
Share Analysis: By Product Type
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.
Share Analysis: By Application Type
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.
Share Analysis: By Fiber Type
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.
Share Analysis: By Region
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.
Know which region offers the best growth opportunities.
Market Scope & Segmentation
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.
Report – Features
Market Segmentation
4
Regions Covered
4
Countries/Sub-Regions Covered
17
No. of Figures & Tables
>150
Company Profiles
10
The market is segmented into the following categories.
By Product Type
Coating & Sizing Agents
Colorant & Auxiliaries
Finishing Agents
Desizing Agent
Surfactants
Desizing Agents
Bleaching Agents
Others
By Application Type
Apparel
(Application Type Analysis: Sportswear, Intimates, and Outerwear)
Home Textile
(Application Type Analysis: Bed Linens, Carpet, Curtains, and Others)
Technical Textile
Others
By Fiber Type
Synthetic
(Fiber Type Analysis: Polyester, Polyamide, Viscose, and Others)
Natural
(Fiber Type Analysis: Cotton, Wool, and Others)
By Region
North America (Country Analysis: the USA, Canada, and Mexico)
Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
Rest of the World (Sub-Region Analysis: Latin America, The Middle East, and Others)
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Key Players
Some of the major players in the marketare-
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.
Research Methodology
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.
We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. 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, Porter’s five forces analysis, SWOT analysis
Market trend and forecast analysis
Market segment trend and forecast
Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
Attractive market segments and associated growth opportunities
Emerging trends
Strategic growth opportunities for the existing and new players
Key success factors
Report Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Detailed profiling of additional market players (up to 3 players)
SWOT analysis of key players (up to 3 players)
Market Segmentation
Current market segmentation of any one of the product types by application type.
Competitive Benchmarking
Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.
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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, and Formosa Organic Chemical Industry Co. Ltd.
The coating & sizing agents segment accounted for the largest market share of more than 50% in 2021, the apparel segment accounted for the largest market share of more than 45% in 2021, and the synthetic segment is expected to maintain its dominance during the forecast period
The major contributing factors driving the market for textile chemicals are their demand owing to the increasing population and for apparel and technical textiles.