Press Release

Bangladesh Textile Chemicals Market to Grow with a CAGR of 4.25% through 2028

Growth in research and development activities is expected to drive the Bangladesh Textile Chemicals Market growth in the forecast period, 2024-2028.


According to TechSci Research report, “Bangladesh Textile Chemicals Market – By Region, Competition, Forecast and Opportunities, 2018-2028F”, the Bangladesh Textile Chemicals Market stood at USD 928.65 million in 2022 and is anticipated to grow with a CAGR of 4.25% in the forecast period, 2023-2028. The initiatives taken by government based on textile chemicals has led to favorable market conditions for the Bangladesh Textile Chemicals Market. Several factors contribute to the growth of various textile chemicals market products.

Bangladesh, along with Indonesia, Pakistan, and Vietnam, has launched a comprehensive program aimed at managing and reducing hazardous waste generated by the textile industry. This groundbreaking $43-million initiative, funded by various stakeholders, demonstrates the collective commitment to address the environmental challenges associated with textile production.

The Bangladesh Responsible Sourcing Initiative, spearheaded by the government, is focused on implementing measures to enhance the environmental sustainability of manufacturing processes, with a particular emphasis on the washing, dyeing, and finishing (WDF) stages of textile production. These critical steps in the manufacturing process consume significant amounts of water, chemicals, and energy, making them prime targets for improvement.

By adopting more efficient and eco-friendly practices, the initiative seeks to transform the textile industry, leading to reduced pollution and a more sustainable future. This includes exploring innovative technologies, optimizing resource utilization, and promoting responsible waste management practices throughout the supply chain.

Through this program, Bangladesh and its partner countries are taking a proactive stance in addressing the environmental impact of the textile industry, showcasing their dedication to sustainable development, and fostering a greener and healthier planet for generations to come.


Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "Bangladesh Textile Chemicals Market

In response to the growing global concern for sustainability, the textile industry is making significant strides in adopting green manufacturing practices. This shift has led to a surge in research and development activities focused on the development of sustainable chemicals that exert minimal environmental impact. By prioritizing the use of eco-friendly chemicals, not only can the textile industry contribute to the reduction of pollution, but it can also enhance the overall quality of finished textiles. With this commitment to sustainable practices, the industry is paving the way for a greener and more environmentally conscious future.

The Bangladesh Textile Chemicals Market is segmented in product, application, regional distribution, and company.

Based on its product, the coating & sizing chemicals segment held the largest share in the market. The shift towards sustainable practices in the textile industry has led to a significant increase in the demand for coating and sizing chemicals. With a focus on environmental consciousness, there has been a growing adoption of low Volatile Organic Compound (VOC) and biodegradable chemicals. This shift not only demonstrates the industry's commitment to reducing its environmental impact but also highlights the market's recognition of the importance of environmentally friendly practices in the long term. As consumers become more environmentally conscious, the demand for sustainable textile products continues to rise, making the use of eco-friendly coating and sizing chemicals a crucial aspect of the industry's overall sustainability efforts.

Based on region, Dhaka segment is expected to grow during the forecast period.

The development of apparel industries has seen a significant rise in demand from consumers, thereby exerting a profound influence on the market. With consumers becoming increasingly conscious of the quality and longevity of clothing, there has been a surge in demand for high-quality textiles. This, in turn, has created a pressing need for textile chemicals to meet the growing requirements of the industry, ensuring the production of fabrics that not only meet the consumers' expectations but also align with environmental and sustainability standards.


Major companies operating in Bangladesh Textile Chemicals Market are:

  • Archroma (Bangladesh) Limited
  • Pulcra Chemicals Bangladesh Pvt. Ltd.
  • Matex Bangladesh Limited
  • Rudolf Bangladesh Ltd.
  • R.H. Corporation

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“Growing application of textile chemicals in various end user industries are key drivers of the textile chemicals market. Growth in competitive landscape and presence of well-established companies in the market who are dedicated to enhance their productivity of textile chemicals with every passing year are anticipated to register an impressive growth to Bangladesh Textile Chemicals Market in the forecast period.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

Textile Chemicals Market By Product (Coating & Sizing Chemicals, Colorants & Auxiliaries, Finishing Agents, Surfactants, Others), By Application (Apparel, Home Furnishing, Technical Textiles, Others), By Region, By Competition Forecast & Opportunities, 2018-2028F”, has evaluated the future growth potential of Bangladesh Textile Chemicals Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Bangladesh Textile Chemicals Market.


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