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The Textile Chemicals Market is influenced by various market factors, which determine its movement and growth. The fashion industry keeps changing and that’s why new fabric materials are needed. It is the reason behind textile companies seeking chemicals that can bring about certain features in fabrics including water repellency, germ-killing ability or even durability. One of the other market factors is the need for sustainable products that last long while being friendly to environment. Thus, reducing the environmental impact of cloth production has gained great importance over time resulting from an increasing awareness on this front. Consequently, bio-based and eco-friendly textile chemicals are in very high demand.
By 2021, the textile chemicals market was valued at $25.5 billion by experts’ estimation. It is expected that the textile chemical will develop at a 4.50% CAGR rising from US$26.64 bn in 2022 to US$36.26 bn by 2030.
Another important factor shaping the market is development of new technologies. For instance, continuous research and development in textiles chemistry has resulted into introduction of better effective textiles with improved chemical content than before. Nanotechnology progress made it possible to manufacture nano-based chemicals for textiles meaning they can be used more effectively on different occasions.
Additionally, e-commerce and automation trends have impacted the Textile Chemicals Market as well. The internet has provided online platforms where global trading activities take place among numerous manufacturers across diverse countries. As such, competition within this sector has been heightened thus requiring firms to review their supply chain strategies as well as change how they sell their products online.
Moreover, it is obvious that healthiness of clothing industry goes hand-in-hand with Textile Chemicals Market. Changes in textile production including changes in fashion styles and seasons coupled with global issues greatly affect the demand for textile chemicals. Market players must adapt to new market situations and be flexible to remain competitive.
In recent years, consumers have become more health-conscious and aware of socially responsible clothing. This has had an even bigger impact on the Textile Chemicals Market. As corporate social responsibility becomes more important, makers are under more and more pressure to use environmentally friendly methods in all parts of their supply lines. Because of this trend, eco-friendly textile materials that are also socially responsible have been made to cater for customers’ changing values.
Covered Aspects:
| Report Attribute/Metric | Details |
|---|---|
| Market Size Value In 2022 | USD 26.64 billion |
| Growth Rate | 4.50% (2024-2030) |
Textile Chemicals Market Highlights:
Global Textile Chemicals Market Overview
Textile Chemicals Market Size was valued at USD 25.5 billion in 2021. The textile chemicals industry is projected to grow from USD 26.64 Billion in 2022 to USD 36.26 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 4.50% during the forecast period (2024 - 2030). Rising demand for technical textile, growing demand for sports and activewear and rising trend towards better home furnishing and aesthetics are the key market drivers enhancing the market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Textile Chemicals Market Trends
- Rising demand for technical textile to boost market growth
A technical textile is a specific type of fabric or material designed for a specific use. They provide special and exclusive properties that are very different from those found in regular fabric. The improved mechanical resistance, elasticity, strengthening, anti-dust, tenacity, insulator, thermal & fire resistance, and rigidity to UV and IR are all combined in these textiles due to modern technology. In the automotive, medical & personal hygiene, sport & leisure, pollution control & filtration, agricultural, industrial, packaging, and clothing industries, technical textiles are typically used for non-aesthetic applications. As a result, the need for textile chemicals, which are added to technical textiles to give them advanced qualities, is growing due to the increased use of technical textiles in various applications.
Technical textile is one of the innovative product categories in the textile sector due to its increasing attractiveness and adaptability. The need for technical textiles is continually being fueled by the expanding automotive and medical sectors. Emerging economies like China and India are emphasizing the adoption of cutting-edge manufacturing techniques and technological advancements across a range of industry sectors. As a result, technical textiles are now used in a variety of industrial sectors, which has increased demand for textile chemicals as well.
Textile chemical composition is a specialized field as it relates principles of chemistry at various levels of textile and clothing manufacturing. The key areas of textile chemical include dyeing and finishing, fiber and polymers, and—more significantly—the fusion of material science and textile material. Textile chemical has emerged as a crucial component of the textile and garment industries as a result of rising consumer demand for improved quality and functionality. The manufacturing process, from fiber pre-treatment through textile finishing, heavily relies on textile chemicals. Different textile chemicals have specific or dual roles in determining the efficiency of the textile production process and the quality of the finished products. Additionally, these compounds have the ability to expand the use of textiles in a range of applications. For example, ongoing research and development in the field of technical textiles has increased their application in the industries of agriculture, construction, commercial, medical, environmental, electrical, and electronic. So, the growing significance of textile chemistry is driving up demand for the product in the textile industry.
Evonik Industries AG launched TEGO®Cycle additives for converting plastic waste into valuable plastics in May 2023. These include those that are supplied under the brand name TEGO®Cycle, which consists of odor absorbers, antifoams, processing agents, and wetting agents, thus supporting recycling needs in textile chemicals and helping them reutilize sustainably.
Textile Chemicals Market Segment Insights
Textile Chemicals Fiber Type Insights
The textile chemicals market segmentation, based on Fiber Type, includes Natural, synthetic Fiber. The Natural textile chemicals segment held the majority share in textile chemicals market revenue. This is primarily owing to the rising number of product innovations, and growing number of emerging markets.
March 2022: A wood-based biocomposite material called UPM Formi EcoAce, which contains cellulose fibre and up to 100% renewable resources, was developed by UPM Biocomposites. The highest standard for sustainability is met by this material. The use of such a renewable biocomposite will lessen the application's overall carbon footprint.
Figure 2: Textile Chemicals Market, by Fiber Type, 2021 & 2030 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Textile Chemicals Product Type Insights
The textile chemicals market segmentation, based on Product Type, includes Coating & Sizing Agent, Colorants & Auxiliaries, and Finishing Agent. The Finishing Agent segment dominated the market in 2021. This is because there is a growing need for textile finishing. According to the forecast for the textile chemicals industry, the market will expand at the appropriate rate in the following decades.
Nov. 2021: Eco-friendly finishing agent is introduced by Cosmo Specialty Chemicals India. The non-toxic and environmentally friendly agent has excellent results in the textile industry and is appropriate for a variety of applications. The cutting-edge softener enhances the fabric's water absorption and smoothness while also enhancing cutting and stitching efficiency due to its exceptional lubricity and hydrophilicity.
Textile Chemicals Application Insights
The textile chemicals market data has been bifurcated by Application into Apparels, Home Textiles, Technical Textiles. With a revenue share of 44.71% in 2021, the market was led by applications for apparel. The rising millennial and Gen Z populations, who are affected by social media and fashion stars, rising disposable incomes, and the booming e-commerce sector are all responsible for this high percentage. Increased production of textile raw materials is also anticipated, which is likely to have an impact on the expansion of apparel production. For instance, the India Brand Equity Foundation reports that the nation's fibre production increased from 1.44 million tonnes in 2019 to 2.4 million tonnes in 2020. (IBEF). The requirement for textile chemicals for apparel for preparation, dyeing, and print applications is anticipated to rise as apparel production increases.
Textile Chemicals Regional Insights
By Region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. In 2021, the Asia Pacific region held a 11.11 revenue, dominating the market. The growing urbanization, economic robustness during the COVID-19 epidemic, and modernization of the textile and chemical production processes are all attributed with this high share.
According to the World Trade Statistical Review 2021, China, Vietnam, and Bangladesh were three of the top four apparel exporters in the world in 2020. During the projected period, the region's expanding apparel production is anticipated to fuel the expansion of the product's market in Asia Pacific.
Further, the major countries studied in the market report are: The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 3: TEXTILE CHEMICALS MARKET SHARE BY REGION 2021 (%)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe textile chemicals market is expected to grow at significantly from 2022 to 2030, during the forecast period, favorable government initiative, adoption of digitization and sustainable, and the development of reliable supply chains are expected to boost market growth in Europe.. Further, the Germany textile chemicals market held the largest market share, and the UK textile chemicals market was the fastest growing market in the European region
The North America Textile Chemicals Market is expected to grow at the fastest rate from 2022 to 2030. This is due to the rising demand for technical textiles in construction, automotive, and healthcare sector in this region. Moreover, China textile chemicals market held the largest market share, and the India textile chemicals market was the fastest growing market in the Asia-Pacific region
Textile Chemicals Key Market Players & Competitive Insights
Major market players are spending a lot of money on R&D to increase their product lines, which will help the textile chemicals market grow even more. Market participants are also taking a range of strategic initiatives to grow their worldwide footprint, with key market developments such as new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations. Competitors in the textile chemicals industry must offer cost-effective items to expand and survive in an increasingly competitive and rising market environment.
One of the primary business strategies adopted by manufacturers in the textile chemicals industry to benefit customers and expand the market sector is to manufacture locally to reduce operating costs. In recent years, textile chemicals industry has provided textile chemicals with some of the most significant benefits. The textile chemicals market major player such as DowDuPont, Wacker Chemie AG, TANATEX Chemicals B.V. and others are working to expand the market demand by investing in research and development activities.
In June 2020, Dow announced to launched a new generation hybrid binder for the composition of water-borne screen-printing inks, allowing for increased durability, colour brightness, and glossiness in synthetic and natural fibre fabrics for the flourishing streetwear and sportswear sectors. The DOWSIL Print 041 Textile Printing Ink Binders offers drop-in, waterborne alternatives to traditional textile printing inks that combine excellent performance, cost-effectiveness, and increased sustainability.
Dec. 2020, Wacker announced the launch of renewables-based silicone sealers through its ELASTOSIL eco brand. It is the first strategy that uses bio-based methanol to replace all additives and raw materials derived from fossil fuels in the product formulation. A chalk-filled alkoxy-curing silicone sealant is also part of the ELASTOSIL eco line, and it excels in weather-seal applications due to its superior adhesion profile and matt appearance.
Oct. 2020, TANATEX Chemicals B.V. announced to partnership with other renowned textile companies to speed up sustainable development for the textile sector. The partnership's goal was to introduce sustainable chemistry to the textile sector. Archroma, CHT Group, Huntsman, Rudolf Group, Kyung-In Synthetic Corporation (KISCO), Tanatex Chemicals, and Pulcra Chemicals are its founding members.
List of the Key Companies in the textile chemicals market includes
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Archroma
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DowDuPont
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Wacker Chemie AG
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Evonik Industries
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Rudolf GmbH
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GIOVANNI BOZZETTO S.p.A.
Textile Chemicals Industry Developments
In February 2021, Kemin Industries announced that its business unit, Garmon Chemicals, had developed a new range of enzymes called Kemzymes for use in garment washing.
November 2021 saw Fintext Chemical launch its new facility at Ambernath in India. The establishment of this manufacturing hub is a significant step in consolidating the Company’s competitive position both within India and in other parts of the globe.
August 2022: Archroma enters into a definitive agreement with Huntsman Corporation to purchase Textile Effect business from it. The transaction, subject to regulatory approvals, is expected to be concluded by H1-2023. This acquisition shall enable Archroma to create a range of chemical solutions required by the textile industry.
February 2022: Archroma unveiled the EARTH SOFT system, which is a vegan textile softener based on plant-based active content Siligen EH1 at one-third level. It provides another option for textile manufacturers looking forward to lowering their reliance on fossil fuel-based inputs that are used in making final products like clothing items.
In January 2021, Solvay S.A. disclosed plans to employ blockchain technology while creating a circular economy. Technology will allow them to store, exchange, develop, and trace information regarding goods, starting from feedstock producers up to end users.
Textile Chemicals Market Segmentation
Textile Chemicals Fiber Type Outlook
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Natural
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Fiber
Textile Chemicals Product Type Outlook
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Coating & Sizing Agent
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Colorants & Auxiliaries
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Finishing Agent
Textile Chemicals Application Outlook
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Apparels
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Home Textiles
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Technical Textiles
Textile Chemicals Regional Outlook
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North America
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US
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Canada
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Europe
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Germany
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France
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UK
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Italy
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Spain
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Rest of Europe
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Asia-Pacific
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China
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Japan
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India
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Australia
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South Korea
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Australia
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Rest of Asia-Pacific
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Rest of the World
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Middle East
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Africa
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Latin America
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