Rapid Urbanization, Coupled With Increasing Demand For Apparels Are Major Factors Expected To Fuel Growth Of The Global Textile Chemicals Market
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Textile chemicals are specialized chemicals such as biocides, flame retardants, water repellents, warp sizes, bleaches, emulsified oils & greases, starch, and others. These chemicals are widely used for various applications in end-use industries such as automotive, construction, industrial protective clothing, and others. Textile chemicals are used for manufacturing and efficient processing of textiles. These textile chemicals play a vital role in manufacturing process, at every stage, from pre-treatment to final finished product of textiles. These chemicals are used in manufacturing process in order to optimize specific function, appearance, and texture of the finished product.
Rapid urbanization, increasing disposable income, coupled with rising demand for apparels has a positive impact on the textile chemicals market. These chemicals are widely used in making textiles for sportswear, sports equipment, automotive, packaging, healthcare, construction, and others. Growing demand for technical textiles in automotive and construction industry, coupled with increasing government initiatives and investments for R&D in infrastructure and automotive sector are factors increasing demand for textile chemicals, owing to its high strength and versatility. Growing adoption of these chemicals in various applications such as carpets and rugs, furniture, and other home furnishing textiles is a factor augmenting demand for textile chemicals in the near future.
Rising environmental concerns pertaining to textile chemical production including wastage of high amount of water that contain surfactants and other toxic chemicals which may cause harm to the environment in developing as well as developed countries. Regulations and statutes by European Union, US Environmental Protection Agency, and other authorities are stringent on use of textile chemicals pertaining to environmental concerns. Increasing focus on development of new and innovative products in automotive and infrastructural sectors, create lucrative opportunity for prominent players as well as new entrants.
Textile chemicals are of various types such as pretreatment auxiliaries, printing auxiliaries, and finishing auxiliaries. These chemicals are widely used in various applications such as home furnishing, apparel, and technical textiles. Rising demand for technical textiles as compared to traditional textiles in construction and healthcare industries, owing to its unique properties and functions. Textile chemicals help in making technical textiles ideal for application by increasing strength and versatility of them according to demand from respective end-user industries.
$ 25,542 Mn
4.6%
- By Type
- By Region
- By Application
$ XXXX Mn
Growing demand for apparels, coupled with and increasing spending capacity, increasing adoption of textile chemicals in various sectors such as industrial, construction, military textiles, etc. are factors augmenting demand for these chemicals in countries such as China India, Vietnam, and Indonesia in Asia Pacific region. Increasing research and development activities by manufacturers, increasing population coupled with growing demand for apparels, etc. are factors boosting demand for the product in North America and Europe.
Prominent players operating in the target market include Transfar, Archroma, Huntsman, CHT/Bezema, Dymatic Chemicals, Lonsen, Rudolf GmbH, Zschimmer & Schwarz, NICCA, Pulcra, Lanxess, Tanatex Chemicals, Zhejiang Runtu, Matsumoto Yushi Seiyaku, Akzo Nobel, Bozzetto Group, Solvay, Total, Wacker, and Zhangjiagang Duplus Chemical.
Tajammul Pangarkar
Tajammul Pangarkar is a tech blogger that frequently contributes to numerous industry-specific magazines and forums. Tajammul longstanding experience in the fields of mobile technology and industry research is often reflected in his insightful body of work. His interest lies in understanding tech trends, dissecting mobile applications, and in raising a general awareness of technical know-how. When he’s not ruminating about various happenings in the tech world, he can be usually found indulging in his next favorite interest - table tennis.
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