India Textile Chemicals Market to be Dominated by Auxiliaries Segment Through 2028
Increasing awareness about sustainable textile
manufacturing practices drives India
Textile Chemicals Market in the forecast period 2025-2029
According to TechSci Research
report, “India Textile Chemicals Market
- By Region, Competition, Forecast and Opportunities, 2029F”, India Textile
Chemicals Market is anticipated to increase at a substantial rate in the
forecast period. The India Textile
Chemicals market is expected to continue to grow in the upcoming years, due to increasing
awareness about the sustainable textile manufacturing practices, and rising
demand for various types of chemicals used in the textile manufacturing process.
Moreover, Indian textile chemicals market is driven by the expansion of textile
industry, adoption of eco-friendly and sustainable practices, innovation of new
products and technologies, and favorable government policies and initiatives. The
textile industry is one of the largest contributors to the Indian economy,
accounting for about 7% of the industrial output, 2% of the GDP, and 11.4% of
the total exports in value terms.
The Indian
textile chemicals market is also witnessing a shift towards more
environmentally friendly and sustainable practices, as consumers are becoming
more aware & conscious of the environmental and social impacts of their
choices. As an outcome, consumers are
ready & willing to pay a premium for sustainable and eco-friendly products.
The demand for organic cotton, natural dyes, bio-based polymers, and waterless
dyeing technologies is increasing, creating new opportunities for textile
chemical manufacturers. Moreover, the innovation of new products and
technologies, such as smart textiles, nanotechnology, digital printing, and
functional finishes, is enhancing the performance and functionality of textile
products, thereby increasing their value and demand. Hence, all these factors
are expected to propel the Indian textile chemicals market growth in the
forecasted period.
Furthermore, the regulatory
challenges and infrastructure challenges are obstructing market growth. The
oleochemical industry is subject to a range of regulations, including
environmental regulations, food safety regulations, and trade regulations.
Complying with these regulations can be time-consuming and costly, and failure
to comply can result in fines and other penalties. Apart from these, India's
transportation infrastructure can be inadequate in some areas, which can make
it difficult to transport raw materials and finished products to and from
manufacturing facilities. This can result in delays and higher costs for the
industry. Hence, these factors are creating significant impact on the buyer’s purchasing
behavior, thereby impeding the market growth of India textile chemicals market
growth in the forecasted period.
Browse over XX market
data Figures spread through XX Pages and an in-depth TOC on the "India Textile Chemicals Market"
India textile chemicals market is segmented based on type,
process type, textile type, sales channel, end use, and region.
Based on process
type, the market is categorized into pre-treatment, dyeing & printing, and finishing. Finishing segment is
expected to hold the largest market share in the forecast period. Textile
chemicals are an important ingredient for the finishing process to provide them
softness & hardness, and different functions such as flame retardancy,
water repellency, deep color, anti-odor, anti-static, and other needed
characteristics. As the finishing process is needed to make final textile
product, all textile products need to undergo this process, making it a dominating
process type segment in India textile chemicals market.
Based on end
use, the market is divided into clothing,
construction, packaging, home furnishing, agriculture, and others. Clothing is
expected to hold the largest market share in the forecast period. The demand of
clothes and apparel in India is rising annually as the population and
disposable income is growing. According to the India Brand Equity Foundation,
the fiber production in India rose to 2.4 million tons in 2020 which was 90%
more than 2019.
Major
companies operating in the India Textile Chemicals market are:
·
Archroma
India Pvt. Ltd
·
Croda
Chemicals (India) Private Limited
·
Huntsman
International India Private Limited
·
Rossari
Biotech Ltd.
·
CHT
India Pvt. Ltd.
·
Kiri
Industries
·
Bodal
Chemicals Limited
·
Indofil
Industries Limited
·
Fibro
organic (India) Pvt. Ltd.
·
Jaysynth
Dyestuff (India) Limited
Download Sample Report
Customers can also request for 10% free customization on
this report.
“The
Indian textile chemicals market has seen significant growth in recent years,
driven by the rise in the demand of textile and apparel in the region. The Indian government has
also implemented several policies and initiatives to support the growth of the
textile industry, such as the Technology Upgradation Fund Scheme (TUFS) and the
Integrated Skill Development Scheme (ISDS). These initiatives aim to modernize
and upgrade the textile industry, improve the quality of products, and enhance
the skills of workers in the sector. Such efforts can lead to increase in
demand of textile chemicals in India and create
impressive opportunity in the future.” said Mr. Karan Chechi, Research Director
with TechSci Research, a research-based global management consulting firm.
India Textile Chemicals Market,
By Type (Colorants, V/S Auxiliaries), By Process Type (Pre-treatment, Dyeing
& Printing and Finishing), By Textile Type (Fabric, Yarn, Fiber and
Composites), By Sales Channel (Direct V/S Indirect), By End Use (Clothing,
Construction, Packaging, Home Furnishing, Agriculture and Others), By Region, Competition, Forecast
& Opportunities, 2019-2029F, has evaluated the future growth potential of India 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 India textile chemicals market.”
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]
Web: www.techsciresearch.com