Textile Chemicals Market

• Rising demand for technical textile to boost market growth

A technical textile is a specific type of fabric or material designed for a specific use. They provide special and exclusive properties that are very different from those found in regular fabric. The improved mechanical resistance, elasticity, strengthening, anti-dust, tenacity, insulator, thermal & fire resistance, and rigidity to UV and IR are all combined in these textiles due to modern technology. In the automotive, medical & personal hygiene, sport & leisure, pollution control & filtration, agricultural, industrial, packaging, and clothing industries, technical textiles are typically used for non-aesthetic applications.

As a result, the need for textile chemicals, which are added to technical textiles to give them advanced qualities, is growing due to the increased use of technical textiles in various applications.

Technical textile is one of the innovative product categories in the textile sector due to its increasing attractiveness and adaptability. The need for technical textiles is continually being fueled by the expanding automotive and medical sectors. Emerging economies like China and India are emphasizing the adoption of cutting-edge manufacturing techniques and technological advancements across a range of industry sectors. As a result, technical textiles are now used in a variety of industrial sectors, which has increased demand for textile chemicals as well.

Textile chemical composition is a specialized field as it relates principles of chemistry at various levels of textile and clothing manufacturing. The key areas of textile chemical include dyeing and finishing, fiber and polymers, and—more significantly—the fusion of material science and textile material. Textile chemical has emerged as a crucial component of the textile and garment industries as a result of rising consumer demand for improved quality and functionality. The manufacturing process, from fiber pre-treatment through textile finishing, heavily relies on textile chemicals.

Different textile chemicals have specific or dual roles in determining the efficiency of the textile production process and the quality of the finished products. Additionally, these compounds have the ability to expand the use of textiles in a range of applications. For example, ongoing research and development in the field of technical textiles has increased their application in the industries of agriculture, construction, commercial, medical, environmental, electrical, and electronic. So, the growing significance of textile chemistry is driving up demand for the product in the textile industry.

Evonik Industries AG launched TEGO®Cycle additives for converting plastic waste into valuable plastics in May 2023. These include those that are supplied under the brand name TEGO®Cycle, which consists of odor absorbers, antifoams, processing agents, and wetting agents, thus supporting recycling needs in textile chemicals and helping them reutilize sustainably.

The Global Textile Chemicals Market Industry is increasingly influenced by the shift towards sustainable practices. As consumers become more environmentally conscious, manufacturers are adopting eco-friendly chemicals and processes. This transition not only reduces the environmental footprint but also aligns with regulatory pressures for sustainability. For instance, the use of biodegradable dyes and waterless dyeing technologies is gaining traction. This trend is expected to drive market growth, as the industry adapts to meet the rising demand for sustainable textiles, potentially contributing to the projected market value of 29.3 USD Billion in 2024.

Global population growth is a fundamental driver impacting the Global Textile Chemicals Market Industry. As the world population continues to rise, the demand for textiles, including clothing and home furnishings, is expected to increase correspondingly. This surge in demand necessitates the use of various textile chemicals for production processes. Additionally, urbanization trends lead to changing lifestyles and increased consumption of textile products. Consequently, the market is likely to experience robust growth as manufacturers scale up production to meet the needs of a growing population, further solidifying the industry's position in the global economy.

The Global Textile Chemicals Market Industry is projected to experience substantial growth over the coming years. With a market value of 29.3 USD Billion in 2024, the industry is expected to reach 45.2 USD Billion by 2035. This growth trajectory indicates a compound annual growth rate (CAGR) of 4.02% from 2025 to 2035. Such projections reflect the increasing demand for textile chemicals driven by various factors, including technological advancements, sustainability initiatives, and the rising need for functional textiles. The market's expansion is indicative of the broader trends within the textile industry, highlighting the importance of chemical innovations in meeting consumer demands.

Technological advancements play a pivotal role in shaping the Global Textile Chemicals Market Industry. Innovations such as digital printing and nanotechnology are revolutionizing textile production, enhancing efficiency and product quality. For example, digital printing allows for intricate designs with minimal waste, while nanotechnology can impart desirable properties like stain resistance and UV protection. These advancements not only improve the performance of textiles but also cater to the evolving preferences of consumers. As these technologies become more prevalent, they are likely to contribute to the anticipated growth of the market, with a projected CAGR of 4.02% from 2025 to 2035.

The demand for functional textiles is a significant driver in the Global Textile Chemicals Market Industry. Functional textiles, which include moisture-wicking, antimicrobial, and flame-retardant fabrics, are increasingly sought after in various sectors such as sportswear, healthcare, and automotive. This trend is fueled by consumers' desire for enhanced performance and comfort in their clothing. As industries continue to innovate and develop new applications for these textiles, the market is expected to expand. The growing emphasis on performance textiles may contribute to the market reaching an estimated value of 45.2 USD Billion by 2035.

Regulatory compliance and safety standards significantly influence the Global Textile Chemicals Market Industry. Governments worldwide are implementing stringent regulations regarding the use of hazardous chemicals in textile production. This has prompted manufacturers to invest in safer alternatives and sustainable practices. Compliance with these regulations not only ensures consumer safety but also enhances brand reputation. As companies adapt to these evolving standards, the market is likely to witness a shift towards safer, more sustainable chemical formulations. This trend may also drive innovation within the industry, as firms seek to develop compliant products that meet both regulatory and consumer expectations.

By Region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. In 2021, the Asia Pacific region held a 11.11 revenue, dominating the market. The growing urbanization, economic robustness during the COVID-19 epidemic, and modernization of the textile and chemical production processes are all attributed with this high share.

According to the World Trade Statistical Review 2021, China, Vietnam, and Bangladesh were three of the top four apparel exporters in the world in 2020. During the projected period, the region's expanding apparel production is anticipated to fuel the expansion of the product's market in Asia Pacific.

Further, the major countries studied in the market report are: The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 3: TEXTILE CHEMICALS MARKET SHARE BY REGION 2021 (%)Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

Europe textile chemicals market is expected to grow at significantly from 2022 to 2030, during the forecast period, favorable government initiative, adoption of digitization and sustainable, and the development of reliable supply chains are expected to boost market growth in Europe.. Further, the Germany textile chemicals market held the largest market share, and the UK textile chemicals market was the fastest growing market in the European region

The North America Textile Chemicals Market is expected to grow at the fastest rate from 2022 to 2030. This is due to the rising demand for technical textiles in construction, automotive, and healthcare sector in this region. Moreover, China textile chemicals market held the largest market share, and the India textile chemicals market was the fastest growing market in the Asia-Pacific region

Major market players are spending a lot of money on R&D to increase their product lines, which will help the textile chemicals market grow even more. Market participants are also taking a range of strategic initiatives to grow their worldwide footprint, with key market developments such as new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations. Competitors in the textile chemicals industry must offer cost-effective items to expand and survive in an increasingly competitive and rising market environment.

One of the primary business strategies adopted by manufacturers in the textile chemicals industry to benefit customers and expand the market sector is to manufacture locally to reduce operating costs. In recent years, textile chemicals industry has provided textile chemicals with some of the most significant benefits. The textile chemicals market major player such as DowDuPont, Wacker Chemie AG, TANATEX Chemicals B.V. and others are working to expand the market demand by investing in research and development activities.

In June 2020, Dow announced to launched a new generation hybrid binder for the composition of water-borne screen-printing inks, allowing for increased durability, colour brightness, and glossiness in synthetic and natural fibre fabrics for the flourishing streetwear and sportswear sectors. The DOWSIL Print 041 Textile Printing Ink Binders offers drop-in, waterborne alternatives to traditional textile printing inks that combine excellent performance, cost-effectiveness, and increased sustainability.

Dec. 2020, Wacker announced the launch of renewables-based silicone sealers through its ELASTOSIL eco brand. It is the first strategy that uses bio-based methanol to replace all additives and raw materials derived from fossil fuels in the product formulation. A chalk-filled alkoxy-curing silicone sealant is also part of the ELASTOSIL eco line, and it excels in weather-seal applications due to its superior adhesion profile and matt appearance.

Oct. 2020, TANATEX Chemicals B.V. announced to partnership with other renowned textile companies to speed up sustainable development for the textile sector. The partnership's goal was to introduce sustainable chemistry to the textile sector. Archroma, CHT Group, Huntsman, Rudolf Group, Kyung-In Synthetic Corporation (KISCO), Tanatex Chemicals, and Pulcra Chemicals are its founding members.