Report Overview

Global Textile Chemicals Market- Industry Trends & Forecast Report 2028

The global textile chemicals market was worth USD 26.4 billion in 2021 and is further projected to reach USD 35.7 billion by the year 2028. Anticipated market growth can be attributed to the flourishing fashion industry and increasing demand for low-cost fast fashion apparel. Furthermore, the rising development and penetration of biodegradable chemicals are anticipated to offer lucrative growth opportunities to the textile chemicals market in the forecast period.

Textile Chemicals – A Brief Overview

Textile chemicals include chemicals that are added or applied to fabrics to provide characteristics such as texture, wrinkle resistance, antimicrobial properties, sweat-absorbency, etc. Some of the most commonly used textile chemicals are impregnation agents, dyes, coatings, finishing agents, detergents, etc. According to IHS Markit, textile chemicals range from highly specialized chemicals, such as biocides, flame retardants, or mixtures such as emulsified oils and greases. Formaldehyde, Azo dyes, organotin compounds, etc., are some common examples of chemicals used in textiles.

Global Textile Chemicals Market Forecast and Trends

Growth Drivers

Flourishing Fast Fashion Industry

The rapid growth in the fast fashion industry is emerging as one of the major growth factors for textile chemicals. The continuously changing fashion trends, increasing disposable income and exposure to media and global fashion trends is boosting the growth of the fast fashion industry. In the fast fashion industry, textile chemicals are used in large quantities because it helps to make clothes trendy while keeping the cost low, which is expected to drive the market growth during the forecast period.

Increasing Adoption of Eco-Friendly Chemicals

With the increasing hazards associated with textile chemicals for the environment, the textile industry is rapidly switching to environmentally friendly products. Therefore, various chemical companies are increasing their investment in research and development to develop biodegradable and sustainable chemicals. For instance, Huntsman, an American chemical company developed a line of dyes for cotton called Avitera in 2018, as reported by Chemical and Engineering News. The company marketed the product as colors that required one-quarter to one-third less water and one-third less energy. Such advancements are providing lucrative growth opportunities to the global textile chemicals market.

Restraints

Negative Impact of Textile Chemicals on Environment

Increasing awareness of the hazards of textile chemicals is emerging as the major restricting factor for the growth of the textile chemicals market. The textile industry uses many chemicals that can potentially harm humans and the environment. The US Environment Protection Agency has already declared Perfluorinated acids, which are used as a finishing agent, hazardous to human health. Although the companies are focusing on developing biodegradable chemicals, their mass adoption is still in the early stages.

Impact of COVID-19 on the global Textile Chemicals Market

The unprecedented COVID-19 pandemic outbreak has had a negative impact on the growth of the global textile chemicals market. The manufacturing and production of textile were halted due to nationwide lockdowns imposed in different parts of the world. The restrictions on distribution channels for both textile as well as chemicals were also hindered during the pandemic. The market may also face difficulties caused by the increasing awareness regarding the drastic effects of textile chemicals, as well as increasing discussion surrounding the fast fashion industry, which may limit the market growth.

Textile Chemicals Market - By Fiber Type

Based on fiber types, the textile chemicals market is segmented into natural fiber and synthetic fiber. The natural fiber segment is further classified into cotton, wool, and others. Synthetic fiber is further classified into polyester, polyamide, viscose, and others. The demand for polyester fiber is the highest among other types due to its low cost. However, cotton fiber also has a significant market share due to the growing demand for eco-friendly fibers resulting from fast fashion's negative impact on the environment.

Global Textile Chemicals Market - By Product Type

Based on product types, the global textile chemicals market is segmented into coating & sizing agents, colorant & auxiliaries, finishing agents, surfactants, desizing agents, bleaching agents, and others. The colorant & auxiliaries segment accounted for the largest market share in 2021. While colorants are prominently used for dying the fabric, auxiliaries have a wide range of applications, such as dying, finishing, printing, sizing fabric applications, etc. The expanding textile production, especially in developing and underdeveloped nations are significantly contributing to the growth of the global textile chemicals market.

Global Textile Chemicals Market - Regional Insights

Geographically, the global textile chemicals market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle-East & Africa. Asia-Pacific accounts for the largest share in the textile chemicals market owing to the expanding textile manufacturing industry. The low cost and high-volume production are making emerging economies such as China, India, Japan, etc., the largest exporters of textiles in the world, which is further fueling the demand for textile chemicals. However, North America is also growing at a significant rate, and will likely grow at the fastest pace during the forecast period.

Global Textile Chemicals Market - Competitive Landscape

The leading players in the global textile chemicals market are Achitex Minerva SpA, Archroma, Sarex, Giovanni Bozzetto SpA, Rudolf GmbH, Chemipol, Nouryon, CHT Group, Kiri Industries Ltd., Covestro AG, L. N. Chemical Industries, Croda International PLC, K-Tech Limited, Dow, Kemira, Evonik Industries AG, Huntsman International LLC, Formosa Organic Chemical Industry Co., Ltd., Tanatex Chemicals BV, and other prominent players.

The global textile chemicals market is highly fragmented due to the presence of several multinational as well as regional industry players. The companies offer a wide range of products with different features that suit different fibers. Additionally, they also significantly invest in R&D activities to develop new products and eco-friendly chemicals. Furthermore, the adoption of competitive strategies, such as partnerships, mergers, acquisitions, joint ventures, etc., is also prominent in this market.

Recent Development

• In January 2022, Origin Materials, a US-based carbon-negative materials company, announced its strategic partnership with Mitsui Group, a leading Japanese conglomerate, to industrialize advanced carbon-negative materials including textile and chemicals.

Scope of the Report

By Fiber Type

• Natural Fiber

1. Cotton
2. Wool
3. Others

• Synthetic Fiber

1. Polyester
2. Polyamide
3. Viscose
4. Others

By Product Type

• Coating & Sizing Agents
• Colorant & Auxiliaries
• Finishing Agents
• Surfactants
• Desizing Agents
• Bleaching Agents
• Others

By Application

• Apparel

1. Sportswear
2. Intimates
3. Outerwear

• Home Textiles

1. Bed Linens
2. Carpet
3. Curtains
4. Others

• Technical Textiles
• Others

By Region

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East & Africa

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Key Market Segments
2. Research Methodology
   1. Qualitative Research
   2. Methodology
   3. Regional Split of Primary & Secondary Research
   4. Secondary Research
   5. Primary Research
      1. Breakdown of Primary Research Respondents, By Region
      2. Breakdown of Primary Research Respondents, By Industry Participants
   6. Market Size Estimation
   7. Assumptions for the Study
   8. Market Breakdown & Data Triangulation
3. Executive Summary
4. Industry Insight and Growth Strategy
   1. Value Chain Analysis
   2. DROC Analysis
      1. Market Drivers
         1. Flourishing Fast Fashion Industry
         2. Increasing Adoption of Eco-Friendly Chemicals
      2. Market Restraints
         1. Negative Impact of the Global Textile Chemicals on Environment
      3. Market Challenges
         1. Negative Influence of the COVID-19 Pandemic
      4. Market Opportunity
         1. Rising Scope of Textile Chemistry
         2. Rapid Industrialization and Expanding Textile Production
   3. Recent Developments
   4. Porter’s Five Forces Analysis
      1. Bargaining Power of Buyers
      2. Bargaining Power of Suppliers
      3. Intensity of Rivalry
      4. Threat of New Entrants
      5. Threat of Substitutes
5. Global Textile Chemicals Market Overview
   1. Market Size & Forecast by Value, 2018-2028
   2. Market Size and Forecast, By Segment
      1. By Fiber Type
         1. Natural Fiber
            1. Cotton
            2. Wool
            3. Others
         2. Synthetic Fiber
            1. Polyester
            2. Polyamide
            3. Viscose
            4. Others
      2. By Product Type
         1. Coating & Sizing Agents
         2. Colorant & Auxiliaries
         3. Finishing Agents
         4. Surfactants
         5. Desizing Agents
         6. Bleaching Agents
         7. Others
      3. By Application
         1. Apparel
            1. Sportswear
            2. Intimates
            3. Outerwear
         2. Home Textiles
            1. Bed Linens
            2. Carpet
            3. Curtains
            4. Others
         3. Technical Textiles
         4. Others
      4. By Region
         1. North America
         2. Europe
         3. Asia-Pacific
         4. Latin America
         5. Middle East & Africa
6. North America Textile Chemicals Market Overview
   1. Market Size and Forecast
      1. By Value (USD Billion), 2018-2028
   2. Market Share and Forecast
      1. By Fiber Type
      2. By Product Type
      3. By Application
      4. By Country
         1. U.S.
         2. Canada
7. Europe Textile Chemicals Market Overview
   1. Market Size and Forecast
      1. By Value (USD Billion), 2018-2028
   2. Market Share and Forecast
      1. By Fiber Type
      2. By Product Type
      3. By Application
      4. By Country
         1. Germany
         2. U.K.
         3. Russia
         4. France
         5. Italy
         6. Spain
         7. Rest of Europe
8. APAC Textile Chemicals Market Overview
   1. Market Size and Forecast
      1. By Value (USD Billion), 2018-2028
   2. Market Share and Forecast
      1. By Fiber Type
      2. By Product Type
      3. By Application
      4. By Country
         1. China
         2. India
         3. Japan
         4. South Korea
         5. Rest of APAC
9. LATAM Textile Chemicals Market Overview
   1. Market Size and Forecast
      1. By Value (USD Billion), 2018-2028
   2. Market Share and Forecast
      1. By Fiber Type
      2. By Product Type
      3. By Application
      4. By Country
         1. Mexico
         2. Brazil
         3. Rest of LATAM
10. MEA Textile Chemicals Market Overview
    1. Market Size and Forecast
       1. By Value (USD Billion), 2018-2028
    2. Market Share and Forecast
    3. By Fiber Type
    4. By Product Type
    5. By Application
    6. By Country
       1. Saudi Arabia
       2. UAE
       3. South Africa
       4. Rest of MEA
11. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Market Share Analysis (2021)
    3. Competitive Benchmarking by Operating Parameters
12. Impact of COVID-19 on the Global Textile Chemicals Market
13. Company Profiles (Company Overview, Financial Matrix, Key Type landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) *
    1. Achitex Minerva SpA
    2. Archroma
    3. Sarex
    4. GIOVANNI BOZZETTO SpA
    5. Rudolf GmbH
    6. Chemipol
    7. Nouryon
    8. CHT Group
    9. Kiri Industries Ltd.
    10. Covestro AG
    11. L. N. Chemical Industries
    12. Croda International Plc
    13. K-Tech Limited
    14. Dow
    15. Kemira
    16. Evonik Industries AG
    17. Huntsman International LLC
    18. Formosa Organic Chemical Industry Co., Ltd
    19. Tanatex Chemicals BV
    20. Other Prominent Players
14. Key Strategic Recommendations

List of Figures

Figure 1: Textile Chemicals Segmentation

Figure 2: Global Textile Chemicals Market Value Chain Analysis,

Figure 3: Company Market Share Analysis, 2021

Figure 4: Global Textile Chemicals Market Size, By Value (USD Billion), 2018-2028

Figure 5: Global Textile Chemicals Market Share (%), By Fiber Type, By Value, 2018-2028

Figure 6: Global Textile Chemicals Market Share (%), By Product Type, By Value, 2018-2028

Figure 7: Global Textile Chemicals Market Share (%), By Application, By Value, 2018-2028

Figure 8: Global Textile Chemicals Market Share (%), By Region, By Value, 2018-2028

Figure 9: North America Textile Chemicals Market Size, By Value (USD Billion), 2018-2028

Figure 10: North America Textile Chemicals Market Share (%), By Fiber Type, By Value, 2018-2028

Figure 11: North America Textile Chemicals Market Share (%), By Product Type, By Value, 2018-2028

Figure 12: North America Textile Chemicals Market Share (%), By Application, By Value, 2018-2028

Figure 13: North America Textile Chemicals Market Share (%), By Country, By Value, 2018-2028

Figure 14: Europe Textile Chemicals Market Size, By Value (USD Billion), 2018-2028

Figure 15: Europe Textile Chemicals Market Share (%), By Fiber Type, By Value, 2018-2028

Figure 16: Europe Textile Chemicals Market Share (%), By Product Type, By Value, 2018-2028

Figure 17: Europe Textile Chemicals Market Share (%), By Application, By Value, 2018-2028

Figure 18: Europe Textile Chemicals Market Share (%), By Country, By Value, 2018-2028

Figure 19: Asia-Pacific Textile Chemicals Market Size, By Value (USD Billion), 2018-2028

Figure 20: Asia-Pacific Textile Chemicals Market Share (%), By Fiber Type, By Value, 2018-2028

Figure 21: Asia-Pacific Textile Chemicals Market Share (%), By Product Type, By Value, 2018-2028

Figure 22: Asia-Pacific Textile Chemicals Market Share (%), By Application, By Value, 2018-2028

Figure 23: Asia-Pacific Textile Chemicals Market Share (%), By Country, By Value, 2018-2028

Figure 24: Latin America Textile Chemicals Market Size, By Value (USD Billion), 2018-2028

Figure 25: Latin America Textile Chemicals Market Share (%), By Fiber Type, By Value, 2018-2028

Figure 26: Latin America Textile Chemicals Market Share (%), By Product Type, By Value, 2018-2028

Figure 27: Latin America Textile Chemicals Market Share (%), By Application, By Value, 2018-2028

Figure 28: Latin America Textile Chemicals Market Share (%), By Country, By Value, 2018-2028

Figure 29: Middle East & Africa Textile Chemicals Market Size, By Value (USD Billion), 2018-2028

Figure 30: Middle East & Africa Textile Chemicals Market Share (%), By Fiber Type, By Value, 2018-2028

Figure 31: Middle East & Africa Textile Chemicals Market Share (%), By Product Type, By Value, 2018-2028

Figure 32: Middle East & Africa Textile Chemicals Market Share (%), By Application, By Value, 2018-2028

Figure 33: Middle East & Africa Textile Chemicals Market Share (%), By Region, By Value, 2018-2028

List of Tables

Table 1: Global Textile Chemicals Market Size, By Fiber Type, By Value, 2018-2028

Table 2: Global Textile Chemicals Market Size, By Product Type, By Value (USD Billion), 2018-2028

Table 3: Global Textile Chemicals Market Size, By Application, By Value (USD Billion), 2018-2028

Table 4: Global Textile Chemicals Market Size, By Region, By Value (USD Billion), 2018-2028

Table 5: North America Textile Chemicals Market Size, By Fiber Type, By Value (USD Billion), 2018-2028

Table 6: North America Textile Chemicals Market Size, By Product Type, By Value (USD Billion), 2018-2028

Table 7: North America Textile Chemicals Market Size, By Application, By Value (USD Billion), 2018-2028

Table 8: North America Textile Chemicals Market Size, By Country, By Value (USD Billion), 2018-2028

Table 9: Europe Textile Chemicals Market Size, By Fiber Type, By Value (USD Billion), 2018-2028

Table 10: Europe Textile Chemicals Market Size, By Product Type, By Value (USD Billion), 2018-2028

Table 11: Europe Textile Chemicals Market Size, By Application, By Value (USD Billion), 2018-2028

Table 12: Europe Textile Chemicals Market Size, By Country, By Value (USD Billion), 2018-2028

Table 13: Asia-Pacific Textile Chemicals Market Size, By Fiber Type, By Value (USD Billion), 2018-2028

Table 14: Asia-Pacific Textile Chemicals Market Size, By Product Type, By Value (USD Billion), 2018-2028

Table 15: Asia-Pacific Textile Chemicals Market Size, By Application, By Value (USD Billion), 2018-2028

Table 16: Asia-Pacific Textile Chemicals Market Size, By Country, By Value (USD Billion), 2018-2028

Table 17: Latin America Textile Chemicals Market Size, By Fiber Type, By Value (USD Billion), 2018-2028

Table 18: Latin America Textile Chemicals Market Size, By Product Type, By Value (USD Billion), 2018-2028

Table 19: Latin America Textile Chemicals Market Size, By Application, By Value (USD Billion), 2018-2028

Table 20: Latin America Textile Chemicals Market Size, By Country, By Value (USD Billion), 2018-2028

Table 21: The Middle-East & Africa Textile Chemicals Market Size, By Fiber Type, By Value (USD Billion), 2018-2028

Table 22: The Middle-East & Africa Textile Chemicals Market Size, By Product Type, By Value (USD Billion), 2018-2028

Table 23: The Middle-East & Africa Textile Chemicals Market Size, By Application, By Value (USD Billion), 2018-2028

Table 24: The Middle-East & Africa Textile Chemicals Market Size, By Country, By Value (USD Billion), 2018-2028

Table 25: Achitex Minerva SpA Financial Analysis

Table 26: Achitex Minerva SpA Business Overview

Table 27: Archroma Financial Analysis

Table 28: Archroma Business Overview

Table 29: Sarex Corporation Financial Analysis

Table 30: Sarex Corporation Business Overview

Table 31: GIOVANNI BOZZETTO SpA Financial Analysis

Table 32: GIOVANNI BOZZETTO SpA Business Overview

Table 33: Rudolf GmbH Financial Analysis

Table 34: Rudolf GmbH Business Overview

Table 35: Chemipol Financial Analysis

Table 36: Chemipol Business Overview

Table 37: Nouryon Financial Analysis

Table 38: Nouryon Business Overview

Table 39: CHT Group Financial Analysis

Table 40: CHT Group Business Overview

Table 41: Kiri Industries Ltd. Financial Analysis

Table 42: Kiri Industries Ltd. Business Overview

Table 43: Covestro AG Financial Analysis

Table 44: Covestro AG Business Overview

Table 45: L. N. Chemical Industries Financial Analysis

Table 46: L. N. Chemical Industries Financial Analysis

Table 47: Croda International Plc Financial Analysis

Table 48: Croda International Plc Business Overview

Table 49: K-Tech Limited Financial Analysis

Table 50: K-Tech Limited Business Overview

Table 51: Dow Financial Analysis

Table 52: Dow Business Overview

Table 53: Kemira Financial Analysis

Table 54: Kemira Business Overview

Table 55: Evonik Industries AG Financial Analysis

Table 56: Evonik Industries AG Business Overview

Table 57: Huntsman International LLC Financial Analysis

Table 58: Huntsman International LLC Business Overview

Table 59: Formosa Organic Chemical Industry Co., Ltd - Financial Analysis

Table 60: Formosa Organic Chemical Industry Co., Ltd - Business Overview

Table 61: Tanatex Chemicals BV Financial Analysis

Table 62: Tanatex Chemicals BV Business Overview