Global Textile Chemicals Market 2024-2028
The textile chemicals market is forecasted to grow by USD 5701.2 mn during 2023-2028, accelerating at a CAGR of 4.6% during the forecast period. The report on the textile chemicals market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing use of technical textiles in industrial manufacturing sector, increasing textile production and consumption, and increasing focus on fashion and apparel industry.
Technavio's textile chemicals market is segmented as below:
By Application
- Apparel
- Home textile
- Technical textile
By Product
- Coating and sizing chemicals
- Colorants and auxiliaries
- Finishing agents
- Surfactants
- Desizing agents
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the growing number of favorable market developments as one of the prime reasons driving the textile chemicals market growth during the next few years. Also, increasing adoption of low VOC and biodegradable materials in production of textile chemicals and growing adoption of nanotechnology in textile chemicals will lead to sizable demand in the market.
The report on the textile chemicals market covers the following areas:
- Textile chemicals market sizing
- Textile chemicals market forecast
- Textile chemicals market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading textile chemicals market vendors that include 3M Co., Archroma Management GmbH, Associated British Foods PLC, BASF SE, Biotex Malaysia, Christeyns NV, Dow Chemical Co., Evonik Industries AG, Fibro Chem LLC, Huntsman International LLC, Kemira Oyj, Kiri Industries Ltd., Lanxess AG, Omya International AG, Organic Dyes and Pigments, Resil Chemicals Pvt. Ltd., Solvay SA, SURTECO GmbH, Syntha Group, and The Lubrizol Corp.. Also, the textile chemicals market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. IT presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.