Market Overview

Market Research Future (MRFR) announces the publication of its research report Global Textile Chemicals, 2025.

Textile Chemicals Market surged to 9.80 Million in 2017, the market will expand at CAGR of over 3.2 % over the forecast period (2018-2022), according to a report by Market Research Future (MRFR). The market is experiencing this growth on account of textile chemicals being used in furnishing, floor covering, clothing sector, and technical textiles.

Rising level of personal income in both developed and developing countries is expected to propel the production of textiles used in apparel, household furnishings, and floor coverings, faster gains will be seen in finishing chemicals, which can impart specific aesthetic, physical, and functional properties to textiles. Continuous advancements in textile chemicals due to innovative efforts have further elevated the efficiency of these chemicals. Increase in demand for home furnishing products, demand for environmentally friendly chemicals in textiles industries, and progressing packaging industries, which require large textile chemicals also propel the market growth.

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Textile Chemicals Market Key Players:

Textile Chemicals Major Key Players in Market Includes: BASF SE, Bayer AG, Dow Chemical Company, Huntsman International LLC, Sumitomo Chemicals Co., Ltd., AkzoNobel, Arkema, Kiri Industries, Lubrizol, Omnova Solutions, Pulcra Chemicals, and Sumitomo Chemical.

Textile Chemicals Market Segmentation:

Textile chemicals market is segmented on the basis of type into pre-treatment chemicals, furnishing chemicals, colorants, coating chemicals, and dyeing & printing chemicals. Colorants are used to impart color to the textile products, while coating chemicals are water repellant, solvent resistant, and thermal resistant. They are used for various applications such as tarpaulins, waterproof protective clothing, adhesives, and bulk bags.

By application, the market is segmented into home furnishings, apparel, industrial textiles, and technical textiles. Increasing expenditure on home furnishings helps propel the textile chemicals market. Textile chemicals are used for carpets, rugs, furniture, and much more. Also, the rise in per capita spending on apparel has proved to be positive for the textile chemicals market.

Textile Chemicals Market Application:

Textile Chemicals find usage in various end use application such as apparel, technical textiles, home furnishing, industrial textiles, and others. The market is estimated to witness moderate growth due to their superior properties coupled with excellent usage in various end use applications specifically in-home furnishing and industrial textiles. Among the end use application segment, apparel is estimated to grow tremendously followed by home furnishing. The factors attributed to the segmental growth are growing per capita disposable income, rapid urbanization in emerging economies, and robust industrialization. In addition, increasing government support such as Housing for all and cheaper home loans has increased the number of flat owners which in turn has increased the consumption of textile chemicals in home furnishing segment.

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