|Base Year Market Size
|USD 23.16 Billion
|Forecast Year Market Size
|USD 37.24 Billion
|Fastest Growing Market
The global textile chemicals market size was valued at USD 23.16 billion in 2021 and is projected to reach USD 37.24 billion by 2030, registering a CAGR of 5.42% from 2022 to 2030.
The chemicals used in textiles to increase productivity are known as textile chemicals. It serves a specific purpose during the manufacturing process and contributes to the improvement of texture and aesthetic appeal, increasing textile demand. They could be improved by it increasing consumer demand for the textile industry. These individuals are necessary for the manufacturing sectors to operate effectively. This is a crucial component for the manufacturing sector to function. Wool, flax, silk, cotton, bamboo, and hemp are examples of natural textiles. Acrylic, nylon, rayon, spandex, and polyester are examples of synthetic textiles. The wearability, appearance, and functionality of textiles can be significantly improved by chemical finishes, many of which we take for granted.
However, many more are employed for additional purposes, such as plasticity, water resistance, flame retardancy, etc. It is challenging for manufacturers to keep up in this situation, given the number of chemicals that can be used and the limit levels that may vary from country to country and even within a country. Through expanded options, globalization offers businesses and consumers many advantages, but it also presents some difficulties. The ability of manufacturers to source textiles from any country in the world has many advantages but also many uncertainties.
The rise in Demand for Apparel
Examples of apparel products include activewear, children's and adults' personal clothing, casual and formal attire, lingerie, undergarments, sportswear, and fashion accessories (scarfs, belts, socks, etc.). Due to the global increase in population and disposable income, the demand for apparel products is growing. Growing awareness of safety, hygiene, and health is a significant factor that will probably drive the demand for clothing soon. Clothing production and consumption have traditionally centred on China and India. In both nations, rapid economic growth is anticipated to be critical in driving the apparel market during the forecast period.
Rising awareness regarding textile chemistry
Since it applies chemical principles at various textile and apparel manufacturing stages, textile chemistry is a highly specialized field. The main areas of textile chemistry are dyeing and finishing, fibre and polymers, and—more significantly—the fusion of material science and textile material. Textile chemistry has emerged as a crucial component of the textile and apparel industries due to rising consumer demand for improved quality and functionality. The manufacturing process heavily relies on textile chemicals, from fibre pre-treatment to textile finishing. Different textile chemicals have specific or dual roles in determining the textile manufacturing process's effectiveness and the finished goods' calibre. Additionally, these chemicals can expand textiles' use in various applications. For example, ongoing research and development in the field of technical textiles have increased their application in agriculture, construction, industrial, medical, environmental, electrical, and electronic industries. So, the growing significance of textile chemistry is driving up demand for the product in the textile industry.
Effects on Environmental and human health
The dye components that do not adhere to the textile material are lost to the wastewater stream during the dyeing process. An additional unpleasant and highly coloured appearance is caused by the 10-15% dyes released into wastewater. Water, air, and land can all be contaminated by synthetic dyes. The wastewater released by the textile industry is thought to be the dirtiest of all industrial sectors. Dye-containing wastewater absorbs light and interferes with aquatic species' ability to photosynthesize. The ecosystem of water resources is then disturbed as a result. These dangerous chemicals can also cause skin allergies and even serious diseases when they come into prolonged contact with human skin.
Additionally, if the proper precautions are not taken during textile processing, these dangerous chemicals can cause respiratory and skin conditions. As a result, these and speciality chemicals are subject to strict regulations. This factor poses a significant obstacle to the market's expansion.
Adoption of sustainable chemicals in textile manufacturing
Most textile and chemical manufacturers are switching to prefer green chemicals due to strict environmental regulations and commitment to sustainable goals. For instance, in 2019, the biological dyeing company Colorifix launched new industrial-scale trials for natural dyes in collaboration with textile producers like Switzerland's Forster Rohner and India's Arvind. 2018 saw the introduction of a new 100 per cent bio-based by Croda International. Environmental regulations are strictly adhered to in developed nations. Additionally, developing nations are establishing their objectives for a sustainable future. Therefore, during the forecast period, there may be opportunities for growth in both developed and developing economies for the green textile chemical segment.
According to the region, the market is segmented into North America, Europe; Asia Pacific; Central & South America and Middle East & Africa.
The Asia Pacific region dominated the market, which had the largest revenue share. The rapid urbanization, economic resiliency during the COVID-19 pandemic, and modernization of the textile and chemical manufacturing processes are all credited with this high share. During the forecast period, the region's expanding apparel production is anticipated to fuel the expansion of the product's market in the Asia Pacific. Several significant economies, including those of Germany, the U.K., France, Spain, Italy, and Russia, are also present in Europe. The region's economy is growing due to favourable policies, rising wages, and constant job creation, among other things.
|Kiri Industries Ltd. OMNOVA Solutions Inc. German Chemicals Ltd. A.B. Enzymes Organic Dyes and Pigments Govi N.V. Resil Chemicals Pvt. Ltd. LANXESS Dow BASF SE Huntsman International LLC Kemira Oyj The Lubrizol Corporation Archroma Omya United Chemicals BibTex Malaysia Fibro Chem, LLC Evonik Industries AG Ethox Chemicals, LLC Solvay S.A.
|U.K. Germany France Spain Italy Russia Nordic Benelux Rest of Europe
|China Korea Japan India Australia Taiwan South East Asia Rest of Asia-Pacific
|Middle East and Africa
|UAE Turkey Saudi Arabia South Africa Egypt Nigeria Rest of MEA
|Brazil Mexico Argentina Chile Colombia Rest of LATAM
|Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends
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The Global Textile Chemicals Market is segmented by Process, Product, application, and region. Based on the process, the market is divided into Pre Treatment, Coating, and Treatment of the finished product. The coating process dominated the market with the highest revenue share. The demand for coating chemicals with additional properties like waterproofing, fire resistance, stain repellence, and others is growing, which explains its high market share. Throughout the anticipated period, the coating process segment will maintain its leadership position in the market. Coating protection chemicals are primarily used in the coating process to meet the rising demand for protective coatings such as flame retardant, U.V., and other coatings that are expected to increase in demand in the coming years.
Based on Product the market is categorized into Coating & Sizing Chemicals, Colorants & Auxiliaries, Dispersants/levelant, Finishing Agents, Surfactants, and Denim Finishing Agents. The market was dominated by coating and sizing chemicals, which had the highest revenue share. The rising demand for geotextiles, automotive, outdoor clothing, and aerospace is responsible for this high share. For adequate fabric sizing during the finishing process, there will be an increase in demand for sizing chemicals globally throughout the forecast period. The most famous natural pastes include dextrin, wheat, corn, gelatin, etc. Water-soluble polymers, also referred to as textile sizing chemicals or agents, are used to protect yarns so they can withstand mechanical stress during weaving. Examples include carboxymethyl cellulose, polyvinyl alcohol, acrylates, and modified starch.
Based on application, the market is segmented into Apparel, Home Furnishing and Technical Textiles. Applications for clothing dominated the market. The growing millennial and Gen Z populations, influenced by social media and fashion icons, rising disposable incomes, and the booming e-commerce sector are all responsible for this high share. Growth in the production of textile raw materials is also anticipated, and this growth will likely impact apparel production.