Product Overview

Textile chemicals are the chemicals used to improve the appearance, wearability, and functionality of textiles. Textile chemicals are utilized for the effective processing and treatment of a textiles. Textile chemicals can be added to the end product to obtain specific functions. Textile chemicals offer special features such as antimicrobial properties, stain resistance, sweat absorbency, wrinkle resistance, desired texture, and finish to the fabrics. Textile chemicals find application in numerous end-user industries including home furnishing, technical textiles, home textiles, and apparel. With the development of innovative textiles and fabrics, the textile chemical manufacturers are persistently producing the products for the future fabrics, especially for construction medical and functional interior textiles.

Market Highlights

Global Textiles Chemicals Market is expected to project a notable CAGR of 4.60% in 2030.

Global Textiles Chemicals Market to surpass USD 36.45 billion by 2030 from USD 26.34 billion in 2019 at a CAGR of 4.60% in the coming years, i.e., 2020-30. The textile chemical market is growing owing to its mounting demand for home furnishings, floor coverings, and technical textiles globally. Additionally, rapidly growing apparel sector coupled with the rising penetration of online retail shops is anticipated to proliferate the textiles chemical market growth.

Recent Highlights in Global Textiles Chemicals Market

In November 2017, Huntsman Textile Effects introduced PHOBOTEX RSY which is non-fluorinated, durable, and has water repellent features. It was developed to meet extreme protection, comfort, and durability.

Global Textiles Chemicals Market: Segments

Synthetic segment to grow with the highest CAGR during 2020-30

Global Textiles Chemicals market is segmented by fiber into Natural and Synthetic. Synthetic, segment held the largest market share in the year 2019 owing to its less manufacturing cost and superior performance compared to natural fiber. Increasing demand for polyester and viscose is estimated to boost the market in the forecast period.

Apparel segment to grow with the highest CAGR during 2020-30

Global Textiles Chemicals market is divided by application into Apparel, Home Textile, and Technical Textile. The apparel segment held the largest market share in the year 2019 and will continue to dominate the market in the coming years. Apparel includes shirt, t-shirt, jackets, kid wears, swimwear, and sportswear. Rising population along with increasing disposable income has led to fuel the consumption of apparel.

Coating & Sizing Agents segment to grow with the highest CAGR during 2020-30

Global Textiles Chemicals market is bifurcated by product type into Coating & Sizing Agents, Colorants & Auxiliaries, Finishing Agents, Surfactants, Desizing Agents, Bleaching Agents, and Others. Coating & Sizing Agents segment held the largest market share in the year 2019 and will continue to dominate the market in the coming years. Coating and sizing chemicals are largely consumed for increasing the strength and improving the abrasion resistance of yarns. These chemicals minimize the risks during the weaving process such as fraying and breaking of yarn.

Market Dynamics

Drivers

Technological advancements and innovation

Advent of innovative textiles and the use of modern technologies to impart superior quality fabrics is projected to drive the market. In order to provide high-performance garments, smart clothing with desirable appearance, and protective apparel, the textile chemicals manufacturers are using nanotechnology. Nanotechnology enables the adjustment of fabric at the molecular level and offers additional features without altering thickness and stiffness of fabric.

Growing demand for technical textiles

The demand for technical textiles is increasing due to its performance and excellent properties as compared to traditional textiles. Spreading awareness among consumers regarding health and hygiene is fueling demand for healthcare products including sanitary napkins and baby diapers that uses technical textiles. They are also employed in industrial products such as electrical components and cables and in other domestic appliances which are expected to drive the growth of the global market.

Restraint

Stringent environmental regulations

Several regulations imposed by government on the usage of textile chemicals is estimated to hamper the market growth in the coming years. During the manufacturing process, emission of harmful chemicals in the environment affects the environment as well as human health which may restrict the market growth.

Global Textiles Chemicals Market: Key Players

Archroma

Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis

Tanatex Chemicals

Huntsman

DowDuPont

Evonik Industries

WackerChemie AG

Rudolf Group

Bozzetto Group

Dystar Group

AkzoNobel N.V.

Kemin Industries

Covestro

Croda Chemicals

CHT Group

Other Prominent Players

Global Textiles Chemicals Market: Regions

Global Textiles Chemicals Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and Middle East, and Africa. Global Textiles Chemicals Market in Asia Pacific held the largest market share of XX.X% in the year 2019. Asia Pacific will continue to dominate the global Textiles Chemicals market owing to the increasing apparel industry in this region. Rising usage of the latest technology and low production cost has led to the growth of the market in this region. Furthermore, rapid industrialization and rising government support to set up the textile industry is projected to boost the market in this region

Global Textiles Chemicals Market is further segmented by region into:

North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada

Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America

Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe

Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC

Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA

Global Textiles Chemicals Market report also contains analysis on:

Textiles Chemicals Market Segments:

By Fiber

Natural

Synthetic

By Product Type

Coating & Sizing Agents

Colorants & Auxiliaries

Finishing Agents

Surfactants

Desizing Agents

Bleaching Agents

Others

By Application

Apparel

Home Textile

Technical Textile

Textiles Chemicals Market Dynamics

Textiles Chemicals Market Size

Supply & Demand

Current Trends/Issues/Challenges

Competition & Companies Involved in the Market

Value Chain of the Market

Market Drivers and Restraints

Contents

1. Executive Summary

2. Global Textiles Chemicals Market

2.1. Product Overview

2.2. Market Definition

2.3. Segmentation

2.4. Assumptions and Acronyms

3. Research Methodology

3.1. Research Objectives

3.2. Primary Research

3.3. Secondary Research

3.4. Forecast Model

3.5. Market Size Estimation

4. Average Pricing Analysis

5. Macro-Economic Indicators

6. Market Dynamics

6.1. Growth Drivers

6.2. Restraints

6.3. Opportunity

6.4. Trends

7. Correlation & Regression Analysis

7.1. Correlation Matrix

7.2. Regression Matrix

8. Recent Development, Policies & Regulatory Landscape

9. Risk Analysis

9.1. Demand Risk Analysis

9.2. Supply Risk Analysis

10. Global Textiles Chemicals Market Analysis

10.1. Porters Five Forces

10.1.1. Threat of New Entrants

10.1.2. Bargaining Power of Suppliers

10.1.3. Threat of Substitutes

10.1.4. Rivalry

10.2. PEST Analysis

10.2.1. Political

10.2.2. Economic

10.2.3. Social

10.2.4. Technological

11. Global Textiles Chemicals Market

11.1. Market Size & forecast, 2020A-2030F

11.1.1. By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

11.1.2. By Volume (Million Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

12. Global Textiles Chemicals Market: Market Segmentation

12.1. By Regions

12.1.1. North America:(U.S. and Canada), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

12.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

12.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

12.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

12.1.5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

12.2. By Fiber: Market Share (2020-2030F)

12.2.1. Natural, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

12.2.2. Synthetic, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

12.3. By Product Type: Market Share (2020-2030F)

12.3.1. Coating & Sizing Agents, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

12.3.2. Colorants & Auxiliaries, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

12.3.3. Finishing Agents, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

12.3.4. Surfactants, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

12.3.5. Desizing Agents, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

12.3.6. Bleaching Agents, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

12.3.7. Others, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

12.4. By Application: Market Share (2020-2030F)

12.4.1. Apparel, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

12.4.2. Home Textile, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

12.4.3. Technical Textile, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

13. Company Profile

13.1. Archroma

13.1.1. Company Overview

13.1.2. Company Total Revenue (Financials)

13.1.3. Market Potential

13.1.4. Global Presence

13.1.5. Key Performance Indicators

13.1.6. SWOT Analysis

13.1.7. Product Launch

13.2. Tanatex Chemicals

13.3. Huntsman

13.4. DowDuPont

13.5. Evonik Industries

13.6. WackerChemie AG

13.7. Rudolf Group

13.8. Bozzetto Group

13.9. Dystar Group

13.10. AkzoNobel N.V.

13.11. Kemin Industries

13.12. Covestro

13.13. Croda Chemicals

13.14. CHT Group

13.15. Other Prominent Players

14 Consultant Recommendation

**The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

Methodology/Research Approach

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Research Programs/Design

Historical Data (2015-2019)	Industry Trends Competitive Landscape By Company Expansion Mergers and Acquisitions Market Segment by Type by Application By Regions/ Geography	Value Status and Outlook Value for Major Players Market Share Growth Rate Present Situation Analysis Value Market Share Growth Rate Present Situation Analysis
Influencing Factors	Market Environment Government Policy Technological Changes Market Risks	Market Drivers Growing Demand of Downstream Reduction in Cost
Market Forecast (2021-2026)	Overall Size by Type by Application By Regions/Geography	Key Data (Value) Market Share Growth Rate CAGR (2021-2026)

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Market Size	Segmental value Geographic Penetration Product Adoption Rate for Different market	Journals, Websites, and Press Releases Annual Reports and SEC Filings Company Websites and Press Releases Public and Paid Databases Market Intellix Data Repository
Market Position of Top Company	Product Financials Geographic value Mix Total Company value Business/Segmental value Mix
Qualitative Analysis	Influence Factors Market Potential Market Risks and Opportunities Industry Trends Geographical Features Government Policies	Company Websites and Press Releases Public and Paid Databases Annual Reports Industry Associations Market Intellix Data Repository

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources

Primary Sources	Parameters	Key Data
Market Segments(by Application, by Type)	Value by Type Status and Forecast Value by Application Value by Regions, Status and Forecast (2021-2026)	Value Market Share by Type Value Growth Rate by Type Value by Application Percentage and Growth Rate by Application Value Growth Rate and Market Share by Regions Market Size Status and Forecast (2021-2026)
Total Market	Overall Size, Status and Forecast	Market Size Status and Forecast (2021-2026)