Global Textile Chemicals Market Size, Growth Analysis Report, Forecast to 2027


Posted September 22, 2021 by alfahadkhan2510

The global textile chemicals market is projected to grow at a CAGR of 3.6% during the forecast period (2020-2026).

 
The global textile chemicals market is projected to grow at a CAGR of 3.6% during the forecast period (2020-2026). Textile chemicals are intermediate compounds used for improving and optimizing fabric processing or for manufacturing processes. The demand for textile chemicals is increasing due to technological advancement in mechanized-produced textiles, to fulfill the clothing demands of the increasing population and providing effective quality and durability of textile materials. The textile chemical products are employed in clothing industries, agriculture, packaging, environmental protection, and transportation sectors.

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The global textile chemicals market is segmented based on type, application, and raw material. Based on type, the market is segmented into colorants & auxiliaries, coating & sizing chemicals, surfactants, desizing agents, finishing agents, and others. Based on application, the market is classified into apparel, automotive textile, home furnishing, industrial textile, and others. By raw material, the market is segmented into synthetic (polyester, nylon), cotton, wool & cashmere, silk, rayon/viscose, and others.

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The global textile chemicals market is further segmented on the basis of geography into North America, Europe, Asia-Pacific, and the Rest of the World. Asia-Pacific is expected to be the frontrunner in terms of both, market value and volume in the textile chemicals sector. China is leading the textile chemicals market, not only in the Asia-Pacific, but globally, as well. Since the turn of the century, China has recorded a tremendous surge in textiles export as compared to other leading countries including the US. India is also one of the major countries holding huge potential for textile chemicals. Along with China, India produces more than 40% of the global textiles. In India, in the current scenario, the growing population of consumers is driving the growth of apparel industries to fulfill their demands, benefiting the textile chemicals sector.

Global Textile Chemicals Market – Segmentation
by Type
Colorants &Auxiliaries
Coating&Sizing Chemicals
Surfactants
Desizing Agents
Finishing Agents
Others
by Application
Apparel
Automotive Textile
Home Furnishing
Industrial Textile
Others
by Raw Material
Synthetic (Polyester, Nylon)
Cotton
Wool & Cashmere
Silk
Rayon/Viscose
Others

Global Textile Chemicals Market – Segmentation by Region 
North America 
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific 
China
Japan
India
Rest of Asia-Pacific
Rest of the World

Company Profiles
Achitex Minerva SpA
Archroma
Arkema SA
Borealis AG
China Petroleum & Chemical Ord Shs A (SINOPEC)
CHT Germany GmbH
Covestro AG
Croda International PLC
Dow Inc.
DyStar Singapore Pte Ltd.
Evonik Industries AG
Formosa Plastics Corp.
Giovanni Bozzetto S.p.a.
Huntsman International LLC
KemiraOyj
Mitsubishi Chemical Corp.
NICCAChemical Co., Ltd.
Nouryon Chemicals Holding B.V.
Rudolf GmbH
SABIC
Sarex Chemical Ltd.
Solvay SA
Tata Chemicals Ltd.
Tanatex Chemicals BV
Toray Industries, Inc.
The Lubrizol Corp.
Wacker Chemie AG
Zhejiang Longsheng Group Co., Ltd.

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Issued By Alfahad khan
Phone +91 780-304-0404
Country India
Categories Business
Tags global textile chemicals market
Last Updated September 22, 2021