Textile Chemicals Market Size, Share & Trends Analysis Report By Product (Colorants & Auxiliaries, Finishing Agents, Coating & Sizing, Surfactants), By Application (Apparel, Home Furnishing), And Segment Forecasts, 2019 - 2025

Industry Insights

The global textile chemicals market size was estimated at USD 23.62 billion in 2018 and is anticipated to register a CAGR of 4.5% during the forecast period. This significant growth can be attributed to high demand from the rapidly rising apparel industry. Rise in disposable incomes along with increased penetration of organized retail has boosted apparel shopping globally.

Textile chemicals are added during fabric processing to impart specific features such as sweat absorbency, antimicrobial properties, wrinkle resistance, stain resistance, desired texture, and finish to the fabrics. However, emission of harmful substances during the manufacturing process may pose a risk to the environment and human health. Contamination and water shortage caused by a rapidly growing textile industry is expected to result in imposition of stern regulations on usage of these chemicals.

India is the second largest exporter of textiles globally. Stringent environmental regulations in China have forced several dye manufacturers to shut down their plants. This has enabled Indian players to penetrate the international market. Various government initiatives are being taken to encourage the country’s textile production. One of the initiatives was taken by the Maharashtra state government to establish nine textile parks to aid the domestic manufacturing market.

Majority of manufacturers in India have shifted their focus towards investing in product innovation supported by the Make in India scheme of the government. The demand for apparel with diverse textures and designs is majorly attributed to the aspirational youth, which constitutes the major part of the Indian population. Growing consumer disposable income coupled with increasing adoption of casual clothing is expected to enhance the clothing demand over the forecast period.

Environmental concerns associated with textile chemicals have shifted the focus of major manufacturing companies toward green (bio-based) chemicals, which are eco-friendly in nature. Green chemicals are produced using animal and plant fats/oils, which not only makes them eco-friendly but also cost-efficient as compared to their conventional counterparts. Companies involved in manufacturing bio-based chemicals offer cost competitiveness owing to the availability of low-cost feedstock.

Currently, the raw materials used for producing these chemicals include acetic acid, peroxide, sulfuric acid, Polyvinyl Chloride (PVC), oxalic acid, Polytetrafluoroethylene (PTFE), and polychloroprene (neoprene). Ashland, Inc.; Intertek; Chemsynth; and Rosneft are some of the major raw material suppliers for the manufacturers operating in the textile chemical market.

Fluctuating raw material prices of phenols and surfactants are expected to pose a challenge for the market players to achieve profitability and economies of scale. Esters are one of the most commonly used raw materials for manufacturing various industrial textile auxiliary products as they offer exceptional lubricating properties and are used as surfactants. They can be used as softeners, emulsifiers, and antistatic agents as well. 

Product Insights

Long chain linear molecules known as thermoplastic polymers are used as coating materials for textiles. Coating and sizing chemicals hold the highest market share in terms of revenue over the forecast period. Sizing chemicals are majorly used for improving abrasion resistance and strength of yarn during weaving. Use of sizing chemicals reduces risks associated with weaving such as fraying and breaking of yarn during the weaving process. Ingredients characterized as offering enhanced abrasion resistance and flexibility to the yarn are expected to gain significant demand over the forecast period.

Growing demand for non-toxic natural dyes in textile is significantly benefiting the demand for eco-friendly colorants. Technology advancement and innovation in color production techniques enable natural dyes as effective as synthetic dyes. This creates new market opportunities for non-toxic dyes in the textile industry. Natural dyes are widely used for coloring fibers and leather such as cotton, silk, and wool. Demand for these products is anticipated to increase owing to rising consumer preference for non-allergic and organic printed fabric materials. Dyes such as reactive, disperse, and acids are mostly used as colorants. Textile auxiliaries are used for effectively improving the colorfastness of fibers.

Application Insights

The technical textile segment has grown significantly in the last few years and is expected to grow at a similar rate for the next few years. Increasing awareness regarding superior functionality and application such as automobile, healthcare, construction, and packaging, is expected to enhance the product consumption. Rapid growth of the automotive sector and rising acceptance of geotextiles are factors anticipated to boost the growth of Geotech and Mobiltech segments.

There is an increasing demand for sports and activewear on account of the use of antimicrobial finishes for manufacturing such products. Textile chemicals help prevent odor and bacterial infection caused by the sweat trapped in clothing such as undergarments, socks, T-shirts, and other sports apparel. Affordable fashion and customization in the apparel segment have become the key factors driving apparel sales. Customizing products according to the consumer requirements offers a high potential for the apparel companies to improve the bottom line of business. Rising demand for customized solutions is expected to significantly boost the overall product application.

Regional Insights

Growing demand for apparels in North America is expected to result in increased consumption of textile chemicals for application during various stages of fabric processing. The demand for technical textiles is growing rapidly owing to their usage in a broad range of applications including chemical, manufacturing, and medical is expected to augment the market growth. North America is facing major competition from imported textiles produced with low labor costs and inexpensive infrastructure. Production cost and quality are the key issues in fabric production.

The lower production costs in Asia Pacific, supported by the latest technologies has led to rapid growth of the region. China has been the largest consumer and producer of textile chemicals and it exports most of its products to the developed markets of North America and Europe. Governmental regulations in Asia are lenient compared to the other regions which has benefited the overall chemical manufacturing industry.

Textile Chemicals Market Share Insights

DowDuPont, Archroma, Arkema, Sumitomo Chemicals Co., Ltd., are the top market players. Some other key companies include Organic Dyes and Pigments LLC, German Chemicals Limited, and Solvay. The top players have adopted sustainable solutions due to their long-term benefits. The players are involved in procurement of high-quality raw materials. The raw materials are examined to ensure that the quality of products is maintained as per the required standard.

Companies are more inclined toward the development of new and customized products. They are also shifting their focus toward manufacturing chemical-free and environment-friendly products, as the demand for customized sportswear and other apparels increases.

Report Scope

Segments Covered in the Report

This report forecasts revenue growth at a global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2014 to 2025. For the purpose of this study, Grand View Research has segmented the global textile chemicals market report on the basis of product, application, and region:

• Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

  • Coating & Sizing Chemicals

  • Colorants & Auxiliaries

    • Dispersants/Levelant

    • Fixative

    • UV Absorber

    • Other

  • Finishing Agents

    • Repellent and Release

    • Flame Retardants

    • Antimicrobial or Anti-inflammatory

    • Other

  • Surfactants

    • Wetting Agents

    • Detergents & Dispersing Agents

    • Emulsifying Agents

    • Lubricating Agents

  • Desizing Agents

  • Bleaching Agents

  • Scouring Agents

  • Yarn Lubricants

• Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

  • Apparel

    • Sportswear

    • Outerwear

    • Innerwear

    • Others

  • Home Furnishing

    • Furniture

    • Drapery

    • Carpet

    • Other

  • Technical Textiles

    • Agrotech

    • Buildtech

    • Geotech

    • Medtech

    • Mobiltech

    • Packtech

    • Protech

    • Indutech

    • Other

  • Others

• Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • Germany

    • Turkey

    • Italy

    • Belgium

  • Asia Pacific

    • China

    • India

    • Bangladesh

    • South Korea

    • Vietnam

    • Taiwan

    • Indonesia

  • Central & South America

    • Brazil

  • Middle East & Africa

    • UAE

    • Egypt