Textile Chemicals Market Growth Opportunities and Outlook 2024 - 2030

The global textile chemicals market size was valued at USD 26.44 billion in 2023 and is projected to grow at a CAGR of 4.5% in terms of revenue from 2024 to 2030.

The global textile chemicals market size was valued at USD 26.44 billion in 2023 and is projected to grow at a CAGR of 4.5% in terms of revenue from 2024 to 2030. The demand for textile chemicals is increasing rapidly due to the booming clothing and apparel industry, driven by the rising global population, urbanization, and higher disposable incomes.

In addition, the growing trend towards sustainable and functional textiles has led to the development and use of advanced chemicals that enhance fabric properties such as durability, stain resistance, and comfort. Innovations in textile manufacturing processes, such as digital printing and nanotechnology, also require specialized chemicals, further fueling demand. Moreover, the expansion of textile production in developing countries with lower labor costs contributes to the heightened need for these chemicals to meet international quality and environmental standards.

Textile chemicals are a diverse array of substances used during the various stages of clothing manufacturing and processing to enhance the characteristics and performance of fibers and fabrics. These chemicals include dyes, finishing agents, softeners, surfactants, and other specialty chemicals that impart color, improve texture, increase durability, and add specific functionalities like water repellency or flame resistance.

Gather more insights about the market drivers, restrains and growth of the Textile Chemicals Market

Textile Chemicals Market Report Highlights

• Asia Pacific dominated the market in 2023 with a revenue share of more than 57.52%. This is attributed to rapid urbanization, economic resilience during the COVID-19 pandemic, and modernization of textile and chemical manufacturing processes

• Treatment of finished products is expected to grow at the highest CAGR in terms of revenue during the forecast period. The demand is expected to rise as the process gives the products the desired properties, as well as improves the handling and aesthetic properties

• The coating process segment dominated the market in 2023 with a revenue share of more than 71.32%., as it can enhance or improve the fabric properties and characteristics

• The coating and sizing chemicals segment dominated the market in 2023 with a revenue share of more than 50.5%. This is attributable to the growing demand for chemicals that improve or enhance their aesthetic properties and characteristics in the finishing treatment of processing textiles

• Technical textiles application is expected to grow at the fastest CAGR in terms of revenue during the forecast period. The demand for these products is anticipated to augment specifically from different industries such as transportation, agriculture, and construction

Browse through Grand View Research's Specialty Polymers Industry Research Reports.

• The global smart polymers market size was valued at USD 12.84 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 4.5% from 2024 to 2030.

• The global polyolefin (POF) shrink film market size was valued at USD 8.54 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 3.5% from 2024 to 2030.

Textile Chemicals Market Segmentation

Grand View Research has segmented the global textile chemicals market based on process, product, application, and region:

Textile Chemicals Process Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Pretreatment

o Bleaching Agents

o Desizing Agents

o Scouring Agents

o Others

• Coating

o Anti-Piling

o Protection

o Water Proofing

o Water Repellant

o Others

• Treatment Of Finished Products

o Softening

o Stiffening

o Others

Textile Chemicals Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Coating & Sizing Chemicals

• Colorants & Auxiliaries

o Dispersants/levelant

o Fixative

o UV absorber

o Others

• Finishing Agents

o Antimicrobial or anti-inflammatory

o Flame retardants

o Repellent and release

o Others

• Surfactants

o Detergents & Dispersing Agents

o Emulsifying Agents

o Lubricating Agents

o Wetting Agents

• Denim Finishing Agents

o Anti-back Staining Agents

o Bleaching Agents

o Crush Resistant Agents

o Defoamers

o Enzymes

o Resins

o Softeners

o Others

Textile Chemicals Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Apparel

o Innerwear

o Outerwear

o Sportswear

o Others

• Home Furnishing

o Carpet

o Drapery

o Furniture

o Others

• Technical Textiles

o Agrotech

o Buildtech

o Geotech

o Indutech

o Medtech

o Mobiltech

o Packtech

o Protech

o Others

• Other Applications

Textile Chemicals Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• North America

o U.S.

o Canada

o Mexico

• Europe

o Germany

o Turkey

o Italy

o UK

o France

o Russia

o Spain

o Poland

• Asia Pacific

o China

o India

o Japan

o South Korea

o Vietnam

o Indonesia

• Central & South America

o Brazil

o Argentina

• Middle East and Africa

o Saudi Arabia

o South Africa

o Morocco

o Tunisia

o UAE

o Kenya

Order a free sample PDF of the Textile Chemicals Market Intelligence Study, published by Grand View Research.

 


Manisha J

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