Textile Chemicals Market to Garner USD 39.75 Billion, Globally, by 2029 at 5.20% CAGR| Top Manufacturers: Dow (US) ,BASF SE (Germany), Wacker Chemie AG (Germany)

Global Textile Chemicals Market Definition

Textile chemicals are a diverse group of chemicals used in the clothing manufacturing process. They're frequently used in textile pre-treatment, which includes de-sizing, scouring, bleaching, and mercerizing, as well as dyeing, printing, and finishing. Color, softness, sweat absorption, desirable texture, and finish are all added to fabrics by them. They also give the finished product flame, crease, wrinkle, and stain resistance, as well as antibacterial and water-repellent qualities.

Data Bridge Market Research analyses that the textile chemicals market was valued at USD 26.5 billion in 2021 and is expected to reach USD 39.75 billion by 2029, registering a CAGR of 5.20% during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.

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Global Textile Chemicals Market Analysis and Size

Textile chemicals are chemicals that are used to treat textiles at different phases of the production process. The product is critical for getting desirable textile qualities. In the future years, the increasing use of textile chemicals across a variety of industry verticals will boost the overall market's growth. The market will expand as a result of big corporations throughout the world investing heavily in the development of efficient textile chemicals.

Textile Chemicals market research report has been produced by including highly developed insight and analysis which furnishes maximum benefits to the industry. The report makes available an attentive overview of product specification, technology, product type, and production analysis taking into account major factors such as revenue, cost, and gross margin. The data in this business report have been represented in the graphical format for an explicit understanding of facts and figures. A wide-ranging textile chemicals market report also explains the key developments in the industry with respect to the current scenario and future advancements.

Competitive Landscape and Textile Chemicals Market Share Analysis

The textile chemicals market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to textile chemicals market.

Some of the major players operating in the textile chemicals market are:
Dow (US)
BASF SE (Germany)
Wacker Chemie AG (Germany)
Solvay (Belgium)
Archroma (Switzerland)
Evonik Industries AG (Germany)
Huntsman International LLC (US)
DowDuPont (US)
TANATEX Chemicals B.V. (Netherlands)
Rudolf GmbH (Germany)
GIOVANNI BOZZETTO S.p.A. (Italy)
AkzoNobel NV (Netherlands)
Kemin Industries Inc. (US)
Covestro AG (Germany)
OMNOVA Solutions Inc (US)
Croda International Plc (UK)
Clariant (Switzerland)
Bayer AG (Germany)
GIOVANNI BOZZETTO S.p.A (Italy)
Buckman (US)
The Lubrizol Corporation (US)
JAY Chemical Industries Private Limited (India)
Univar Solutions Inc. (US)
Sumitomo Chemicals Co. Ltd (Japan)     

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COVID-19 Impact on Textile Chemicals Market

Since the COVID-19 viral outbreak in December 2019, the disease has spread to nearly every country on the planet, prompting the World Health Organization to declare it a public health emergency. One of the few industries that benefit from the COVID-19 pandemic is the textile chemicals industry. The textile sector has traditionally benefited from increased demand for personal protective equipment (PPE). The demand for PPEs in the medical, healthcare, food, and transportation sectors has surged as the epidemic continues to spread. This is also predicted to have a positive impact on the market for textile chemicals.

Recent Development

In June 2020, Dow had introduced a new generation hybrid binder for the formulation of water-borne screen printing inks, allowing for improved durability, colour brightness, and opacity in synthetic and natural fiber fabrics for the booming streetwear and sportswear sectors. When compared to conventional textile printing inks, the DOWSIL Print 041 Textile Printing Ink Binder provides drop-in, waterborne alternative formulations, combining great performance, cost-effectiveness, and enhanced sustainability.

Global Textile Chemicals Market Scope

The textile chemicals market is segmented on the basis of fiber type, product type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Fiber Type
Natural Fiber
Synthetic Fiber

On the basis of fiber type, the textile chemicals market is segmented into natural fiber and synthetic fiber. The segment of natural rubber is further sub-segmented into cotton and wool. The segment of synthetic rubber is further sub-segmented into polyester, polyamide, viscose and others.

Product Type
Coating and Sizing Agents
Finishing Agents
Surfactants
Bleaching Agents
Others

On the basis of product type, the textile chemicals market is segmented into coating and sizing agents, finishing agents, surfactants, bleaching agents and others. The segment of coating and sizing agents is further sub-segmented into wetting agents, defoamers, and others.

Application
Apparel
Home Textile Technical Textile
Others

 On the basis of application, the textile chemicals market is segmented apparel, home textile, technical textile and others. Apparel is further sub-segmented into sportswear, and intimates. Home textile is further sub-segmented into bed linens, and carpet.

Textile Chemicals Market Regional Analysis/Insights

The textile chemicals market is analysed and market size insights and trends are provided by country, fiber type, product type and application as referenced above.

The countries covered in the textile chemicals market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the textile chemicals market and will continue to flourish its trend of dominance due to the presence of cheap labor, swift industrialization and supportive government policies in this region. Additionally, rising exports along with increasing number of population and changing lifestyle will flourish the market demand in this region.

North America and Europe are expected to grow during the forecast period of 2022-2029 due to the growing demand for technical textiles in automotive, construction and healthcare sector in this region.

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Research Methodology: Global Textile Chemicals Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The stage includes the obtainment of market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analyzed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis.

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Related Reports:

Asia-Pacific Silicone Textile Chemicals Market - Industry Trends and Forecast to 2028 https://www.databridgemarketresearch.com/reports/apac-silicone-textile-chemicals-market
Global Silicone Textile Chemicals Market - Industry Trends and Forecast to 2028https://www.databridgemarketresearch.com/reports/global-silicone-textile-chemicals-market
Europe Silicone Textile Chemicals Market - Industry Trends and Forecast to 2028https://www.databridgemarketresearch.com/reports/europe-silicone-textile-chemicals-market
Middle East and Africa Silicone Textile Chemicals Market - Industry Trends and Forecast to 2028 https://www.databridgemarketresearch.com/reports/middle-east-and-africa-silicone-textile-chemicals-market
North America Silicone Textile Chemicals Market - Industry Trends and Forecast to 2028 https://www.databridgemarketresearch.com/reports/north-america-silicone-textile-chemicals-market

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