Technical Textiles Chemicals Market- Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Fiber (Natural, Synthetic), By Product (Coating & Sizing, Colorants & Auxiliaries, Desizing Agents, Surfactants), By Application (Apparel, Home Textile, Technical Textile), Region, Competition
Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Chemicals | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationTechnical Textiles Chemicals Market- Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Fiber (Natural, Synthetic), By Product (Coating & Sizing, Colorants & Auxiliaries, Desizing Agents, Surfactants), By Application (Apparel, Home Textile, Technical Textile), Region, Competition
Global Technical Textile Chemicals Market is anticipated to witness a robust CAGR in the forecast period, 2024-2028. This can be attributed to the increasing demand for technical textiles. Technical textiles are used in various industries such as healthcare, construction, and automotive, and require specific chemicals to achieve the desired properties. Additionally, the growing global population and increasing demand for apparel are driving the growth of the textile industry, thereby positively impacting the global technical textile chemicals market as well. There is increasing demand for technical textiles in mobiltech applications where Textile products are used as components in different types of automobiles, aircraft, trains, spacecraft, earthmovers, and forklifts. Moreover, it is also used in the manufacturing of products such as seat belts, drive belts, hose pipes, headliners, vehicle upholstery, molded parts, etc. Technical textile is also used in protective garments meant to protect the wearer from harsh external environmental effects at the workplace such as firefighters, paramedics, emergency medical technicians, personnel responding to toxic spills, workers in toxic environments, laboratory researchers, and specialists cleaning up contaminated facilities etc.
Technical textiles have emerged as a vital segment within the textile industry, revolutionizing traditional textiles by integrating advanced functionalities. These fabrics are engineered to provide exceptional performance characteristics such as strength, durability, flame resistance, water repellency, and antimicrobial properties. Behind the success of technical textiles lies a range of specialized chemicals that enhance their properties and enable their diverse applications. Specialized materials called technical textiles are designed for their utilitarian qualities rather than their aesthetic appeal. Ongoing research and development activities in the field of technical textiles are leading to the discovery of new applications and improved performance characteristics. These developments often require the use of specialized chemicals and coatings. The market for technical textile chemicals is driven by the need to support these R&D efforts and bring innovative products to the market.
As per the EURATEX,
Increase Usage for Protective Textiles is Spurring the Growth of Global Technical Textile Chemicals Market
According to the Sardar Vallabhbhai Patel Institute of Textile Management, Coimbatore protective textiles are the fastest growing area of textile consumption in the world. Moreover, it has projected an average growth rate of 4% for technical textiles during the forecast period.
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Innovation in Sports and Outdoor Applications is Propelling the Global Technical Textile Chemicals Market
According to the India Brand Equity Foundation, the Indian textile and apparel industry is expected to grow at a 10% CAGR from 2019–20 to reach USD 190 billion by 2025–26. The Indian apparel market stood at USD 40 billion in 2020 and is expected to reach USD 135 billion by 2025
Market Segmentation
Global Technical Textiles Chemicals Market is segmented based on fiber, product application, and region.
Market players
BASF SE, Dow Inc., Wacker Chemie AG, Archroma U.S., Inc., Solvay S.A., Evonik Industries AG, Tanatex Chemicals B.V., Rudolf Atul Chemicals Ltd (RACL) Ltd., The Lubrizol Corporation and Fibro Chem, LLC are some of the key players operating in the global technical textile chemicals market.
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Attribute |
Details |
|
Base Year |
2022 |
|
Historic Data |
2018 – 2022 |
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Estimated Year |
2023 |
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Forecast Period |
2024 – 2028 |
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Quantitative Units |
Revenue in USD Million, Volume in
metric tons, and CAGR for 2018-2022 and 2023-2028 |
|
Report coverage |
Revenue forecast, Volume
Forecast, company share, competitive landscape, growth factors, and trends |
|
Segments covered |
·
Fiber ·
Product ·
Application |
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Regional scope |
North America, Europe,
Asia Pacific, South America, Middle East & Africa |
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Country scope |
United States; Canada; Mexico; China;
India; Japan; Australia; South Korea; Germany; France; United Kingdom; Spain;
Italy; Brazil; Argentina; Colombia; South Africa; UAE, Saudi Arabia. |
|
Key companies profiled |
BASF SE, Dow Inc.,
Wacker Chemie AG, Archroma U.S., Inc., Solvay S.A., Evonik Industries AG,
Tanatex Chemicals B.V., Rudolf Atul Chemicals Ltd (RACL) Ltd., The Lubrizol
Corporation and Fibro Chem, LLC |
|
Customization scope |
10% free report customization with
purchase. Addition or alteration to country, regional & segment scope. |
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Pricing and purchase options |
Avail customized
purchase options to meet your exact research needs. Explore
purchase options |
|
Delivery Format |
PDF and Excel through Email (We can
also provide the editable version of the report in PPT/Word format on special
request) |
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