Textile Chemicals Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2024 to 2031)


Posted March 12, 2024 by mansi3210

Textile chemicals market is projected to grow at a CAGR of 3.6% during the forecast period.

 
Textile chemicals market is projected to grow at a CAGR of 3.6% during the forecast period. 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 full-fill 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. 

The major factor that drives the market include the developing apparel industries owing to the increasing consumer demands. The other factors that fuel the market growth include the rise in demand for home furnishing, agricultural activities, floor furnishings, technical textiles, and environmentally friendly products. Apart from this, the rise of the packaging industry will drive the growth of the market in the upcoming future. However, the growth of the market is mainly restrained by unfavourable effects of chemicals on the environment, thus harming biotic and abiotic components of the environment. Textile chemicals are mostly discharged into local water bodies leading to water pollution and water shortage. In addition, strict regulatory norms also hamper the growth of the textile chemical market.

To Request a Sample of our Report on Textile Chemicals Market:  https://www.omrglobal.com/request-sample/textile-chemicals-market

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

A full Report of Textile Chemicals Market is Available @  https://www.omrglobal.com/industry-reports/textile-chemicals-market

Regional Analysis

North America

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

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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Last Updated March 12, 2024