Textile Chemicals Market Trend and Textile Chemicals Producers

Textile chemicals is a class of chemicals used from the production and processing of fibers and raw materials, through the fabric and garment assembly. These chemicals include coating & sizing chemicals, dyes, finishing agents, surfactants, desizing agents, bleaching agents and yarn lubricants.
 

Figure The Chemicals Used in Textile Industry
Source: The European Outdoor Group

 

The global textile chemicals market size was $9.5 billion in 2017 and will grow to $11.9 billion in 2022, with a CAGR of 4.6% from 2017 to 2022. The textile chemicals market size is expected to grow to $14.1 billion in 2027, with a CAGR of 3.5% from 2022 to 2027.

Figure 2017-2027 Global Textile Chemicals Market Size (Billion USD) and CAGR

The global leading producers of textile chemicals are Archroma, DySta, CHT Group, Rudolf, Croda, Huntsman, Transfar Zhilian, NICCA, Rossari Biotech, Tanatex, Fineotex Chemical, Resil Chemicals, Sarex Chemicals, Longsheng, Runtu, Jihua Chemicals, JK Group, Sensient, SPGPrints, Dow, Refnol Resins & Chemicals Ltd, JINTEX Corporation. According to the end-use, the application of textile chemicals can be split into technical textiles, home furnishing, apparel and accessories.

Figure 2021 Global Textile Chemicals Market Share by Application
APAC is the largest consumption regions of textile chemicals because China is the largest textile producers and account for more than 50% market share. And the textile industry also grows rapidly in India and Southeast Asia countries. Following is Europe, North America, South America and MEA.