Report Description

Forecast Period


Market Size (2022)

USD 928.65 million

CAGR (2023-2028)


Fastest Growing Segment

Coating & Sizing Chemicals

Largest Market



Market Overview

Bangladesh Textile Chemicals Market has valued at USD928.65 million in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 4.25% through 2028. Textile chemicals play a crucial role in the production process as they enhance the durability, appearance, and texture of textile products. In Bangladesh, specifically in the capital city of Dhaka, there is a high demand for textile chemicals due to the presence of numerous textile mills. These mills rely on textile chemicals to ensure that their products meet the highest standards of quality.

Despite the high demand, the textile chemicals market in Bangladesh heavily depends on imports to meet its needs. Currently, only 20% of the demand for textile chemicals is fulfilled by local companies. Recognizing this gap, multinational companies have shown interest in investing in the textile chemicals sector in Bangladesh. This investment not only has the potential to boost the market's growth but also presents opportunities for technology transfer and capacity building within the country. The Bangladesh textile chemicals market is experiencing steady growth. With increased investment and a focus on local production, the market has the potential to meet a larger portion of its demand domestically, which would contribute to the growth of the local economy and strengthen the overall textile industry. As the world gradually recovers from the pandemic and global trade resumes, the prospects for the Bangladesh textile chemicals market appear promising, paving the way for further development and expansion.

Key Market Drivers

Growth in Textile Industry

Textile chemicals play a vital role in the production process of textiles, serving to enhance not only the durability, appearance, and texture of textile products but also their performance and functionality. These chemicals are carefully formulated to meet the specific requirements of different types of fabrics, ensuring that they meet the desired quality standards.

One of the key drivers of the remarkable growth in the Bangladesh textile chemicals market is the increasing global demand for ready-made garments. As consumers worldwide seek fashionable and high-quality clothing, the demand for specialty finishing chemicals and dark textile shades has seen a significant surge. These chemicals add unique characteristics and aesthetics to the textiles, making them more appealing to customers.

It is important to note that the growth of the Bangladesh textile chemicals market is not solely driven by local demand. The export of clothing from Bangladesh to various countries plays a crucial role in fueling the demand for textile chemicals. As the world gradually recovers from the challenges posed by the pandemic and global trade picks up pace, the prospects for the Bangladesh textile chemicals market look promising, with increasing opportunities for expansion and innovation. The growth of the textile industry in Bangladesh serves as a primary driver for the expansion of the Bangladesh textile chemicals market. As the demand for high-quality textiles continues to grow globally, the need for textile chemicals escalates proportionately. With sustained support and investment in the textile industry, the Bangladesh textile chemicals market is well-positioned for robust growth and success in the coming years, ushering in a new era of excellence and competitiveness in the global textile market.

Surge in Technological Advancements

Technological advancements in the production and application of textile chemicals have been pivotal in driving the market growth. With the increasing demand for textiles from various sectors, such as apparel and home furnishings, the need for advanced textile chemicals to enhance product quality has become more pronounced. This has led to a surge in the adoption of low Volatile Organic Compound (VOC) and biodegradable chemicals in the textile industry, signaling a significant shift towards sustainable practices. These eco-friendly advancements not only contribute to the market's growth but also promote environmental responsibility.

Moreover, the rapid growth of technical textiles has further fueled the demand for textile chemicals. Technical textiles, known for their functional properties and performance-enhancing characteristics, have found applications in various industries such as automotive, aerospace, and healthcare. The production of technical textiles requires specialized chemical treatments and coatings, leading to increased demand for advanced textile chemicals. The rising popularity of smart fabrics has also contributed to the growth of the textile chemicals market. Smart fabrics, integrating digital components and electronics into textiles, offer unique functionalities such as sensing, communication, and energy harvesting. The production of smart fabrics requires the use of specialized chemicals and materials, driving innovation in the textile chemicals sector. For textile companies in Bangladesh, technological innovation has emerged as a key growth strategy. By embracing technological advancements, these companies can achieve cost reduction, streamline their manufacturing processes, and improve operational efficiency. This, in turn, can significantly boost the growth of the textile industry in Bangladesh and strengthen its competitiveness on a global scale. Technological advancements continue to play a significant role in driving the growth of the Bangladesh textile chemicals market. As the industry evolves and innovations continue to shape the landscape, the market is poised for sustained growth and further reinforces the position of Bangladesh's textile industry on the global stage.

Download Free Sample Report

Key Market Challenges

Volatility in Price and Availability of Raw Materials

The textile chemicals market heavily relies on the supply of raw materials, including both natural and synthetic fibers. These raw materials are essential for the production of various textile chemicals used in the industry. However, the prices of these raw materials are subject to fluctuations due to a multitude of factors. Changes in crude oil prices, trade policies, and geopolitical tensions all play a significant role in shaping the market dynamics. During the COVID-19 pandemic, global supply chains were disrupted, leading to unprecedented volatility in the prices and availability of raw materials. The restrictions on international trade and the closure of manufacturing facilities had a profound impact on the textile chemicals market. Manufacturers faced challenges in sourcing the necessary raw materials, resulting in delays in production and affecting the overall market dynamics.

Fluctuations in raw material prices directly affect the cost of production for textile chemicals. The volatility in prices introduces uncertainty for manufacturers, making it difficult for them to plan and forecast their business operations effectively. Inconsistent profit margins can arise as a result of these price fluctuations, posing challenges for manufacturers to maintain stable financial performance. The lack of availability of raw materials can have far-reaching consequences. Delays in production can occur, leading to a ripple effect across the entire supply chain. This can impact the timely delivery of finished textile products to customers, affecting customer satisfaction and potentially leading to lost business opportunities. The textile chemicals market is intricately linked to the availability and pricing of raw materials. Fluctuations in these factors can significantly impact the overall market dynamics, making it crucial for manufacturers to carefully monitor and adapt to the constantly changing landscape of the industry.

Key Market Trends

Growing Demand of Dyeing and Finishing Chemicals

Dyeing and finishing chemicals play a critical role in the textile production process. These chemicals not only enhance the appearance, durability, and texture of textile products but also make them more appealing to consumers. As the demand for high-quality textiles continues to rise, so does the need for these essential chemicals. The growing demand for technical textiles and functional home textile finishes is a significant factor driving the market. The report also highlights an interesting shift towards sustainable practices in the textile industry, with an increasing adoption of low Volatile Organic Compound (VOC) and biodegradable chemicals. This shift reflects the industry's commitment to environmental sustainability and aligns with the global movement towards greener alternatives.

Looking ahead, the trend of increasing demand for dyeing and finishing chemicals is expected to continue, particularly fueled by the growing textile industry in Bangladesh. With its competitive advantages in terms of cost-effective manufacturing and a skilled workforce, Bangladesh is poised to become a major player in the global textile market. This growth, combined with the broader industry shift towards high-quality and sustainable textiles, presents a significant opportunity for the Bangladesh textile chemicals market. The growing demand for dyeing and finishing chemicals in Bangladesh's textile industry is a noteworthy trend. This trend, driven by technological advancements, supportive government policies, and the industry's commitment to sustainability, is expected to propel the market's growth in the coming years. As the textile sector continues to evolve, the role of dyeing and finishing chemicals will remain indispensable, ensuring the production of high-quality and visually appealing textile products.

Segmental Insights

Product Insights

Based on the category of product, the coating & sizing chemicals segment emerged as the dominant player in the Bangladesh market for Textile Chemicals in 2022. Coating and sizing chemicals play a crucial role in the intricate textile manufacturing process. By improving the durability, appearance, and texture of textiles, these chemicals enhance their overall appeal to discerning consumers. Moreover, their application also fortifies textiles against various environmental factors, including heat, light, and moisture, ensuring an extended lifespan.

The demand for coating and sizing chemicals is experiencing an unprecedented surge, owing to their wide-ranging applications across multiple sectors. Take geotextiles, for example, extensively utilized in civil engineering projects; these textiles heavily rely on coating and sizing chemicals to bolster their durability and resistance against environmental stressors. Similarly, in the apparel sector, which holds significant prominence within the thriving textile industry of Bangladesh, these chemicals are indispensable in the production of top-notch garments, ensuring impeccable quality and customer satisfaction.

Application Insights

The apparel segment is projected to experience rapid growth during the forecast period. The development of the apparel industry is influenced by an increase in consumer demand. As disposable incomes continue to rise, consumers are becoming more conscious about their fashion choices, seeking not only trendy designs but also durable and high-quality clothing that can withstand the test of time. This growing awareness about the longevity and quality of clothes has contributed to a surge in demand for apparel that meets these criteria. Consequently, the need for textile chemicals that enhance the durability, appearance, and texture of textiles has become paramount in the industry. The global textile chemicals market is currently undergoing a transformative shift towards sustainable practices. With an increasing adoption of low Volatile Organic Compound (VOC) and biodegradable chemicals, the industry is actively working towards reducing its environmental footprint. This shift towards sustainability is particularly significant in the apparel sector, which is one of the major consumers of textile chemicals. By embracing more eco-friendly alternatives and practices, the apparel industry is playing a crucial role in driving this positive trend towards sustainability in the textile chemicals market.

Download Free Sample Report

Regional Insights

Dhaka emerged as the dominant player in the Bangladesh Textile Chemicals Market in 2022, holding the largest market share in terms of value. Dhaka, the capital city of Bangladesh, boasts a substantial number of textile mills, making it the primary hub for textile chemical demand in the country. These mills play a pivotal role in the nation's textile industry, relying heavily on textile chemicals for an array of processes, including dyeing, printing, and finishing. The extensive use of these chemicals ensures the production of high-quality textiles that meet the ever-evolving demands of the market.

Bangladesh holds the distinction of being the second-largest manufacturer and exporter of ready-made garments (RMG) worldwide. With a significant portion of this thriving industry concentrated in Dhaka, the demand for textile chemicals remains consistently high. These chemicals are instrumental in enhancing the aesthetics, durability, and overall performance characteristics of the garments, allowing Bangladesh to maintain its reputation for producing fashionable and high-quality clothing that caters to diverse markets.

Recent Developments

  • In 2020, Archroma, a global leader in specialty chemicals, proudly introduced its groundbreaking product range known as "Color Atlas". This innovative digital color management system offers a vast and diverse library of textile colors, meticulously curated to empower designers and manufacturers in their quest to minimize waste and enhance sustainability in the industry. With its user-friendly interface and extensive palette options, Color Atlas enables seamless integration into the creative process, facilitating efficient and conscious decision-making. By leveraging this cutting-edge solution, professionals can embark on a transformative journey towards a more environmentally responsible and vibrant future in the realm of textile design and production.

Key Market Players

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

 By Product

By Application

By Region

  • Coating & Sizing Chemicals
  • Colorants & Auxiliaries
  • Finishing Agents
  • Surfactants
  • Others
  • Apparel
  • Home Furnishing
  • Technical Textiles
  • Others
  • Dhaka
  • Chittagong
  • Rest of Bangladesh
Report Scope:

In this report, the Bangladesh Textile Chemicals Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Bangladesh Textile Chemicals Market, By Product:

o   Coating & Sizing Chemicals

o   Colorants & Auxiliaries

o   Finishing Agents

o   Surfactants

o   Others

  • Bangladesh Textile Chemicals Market, By Application:

o   Apparel

o   Home Furnishing

o   Technical Textiles

o   Others

  • Bangladesh Textile Chemicals Market, By Region:

o   Dhaka

o   Chittagong

o   Rest of Bangladesh

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Bangladesh Textile Chemicals Market.

Available Customizations:

Bangladesh Textile Chemicals Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Bangladesh Textile Chemicals Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected] 

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.  Markets Covered

1.2.2.  Years Considered for Study

1.2.3.  Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Applications

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Bangladesh Textile Chemicals Market Outlook

4.1.  Market Size & Forecast

4.1.1.     By Value

4.2.  Market Share & Forecast

4.2.1.  By Product (Coating & Sizing Chemicals, Colorants & Auxiliaries, Finishing Agents, Surfactants, Others)

4.2.2.  By Application (Apparel, Home Furnishing, Technical Textiles, Others)

4.2.3.  By Region

4.2.4.  By Company

4.3.  Market Map

4.3.1.  By Product

4.3.2.  By Application

4.3.3.  By Region

5.    Bangladesh Coating & Sizing Chemicals Market Outlook

5.1.  Market Size & Forecast       

5.1.1.By Value

5.2.  Market Share & Forecast

5.2.1. By Application

6.    Bangladesh Colorants & Auxiliaries Market Outlook

6.1.  Market Size & Forecast       

6.1.1.By Value

6.2.  Market Share & Forecast

6.2.1.  By Application

7.    Bangladesh Finishing Agents Market Outlook

7.1.  Market Size & Forecast       

7.1.1.By Value

7.2.  Market Share & Forecast

7.2.1.  By Application

8.    Bangladesh Surfactants Market Outlook

8.1.  Market Size & Forecast       

8.1.1.By Value

8.2.  Market Share & Forecast

8.2.1.  By Application

9.    Market Dynamics

9.1.  Drivers

9.2.  Challenges

10. Market Trends & Developments

10.1. Recent Developments

10.2. Product Launches

10.3. Mergers & Acquisitions

11. Policy & Regulatory Landscape

12. Bangladesh Economic Profile

13. Competitive Landscape

13.1.  Archroma (Bangladesh) Limited

13.1.1. Business Overview

13.1.2. Company Snapshot

13.1.3. Products & Services

13.1.4. Current Capacity Analysis

13.1.5. Financials (In case of listed)

13.1.6. Recent Developments

13.1.7. SWOT Analysis

13.2.  Pulcra Chemicals Bangladesh Pvt. Ltd.

13.3.  Matex Bangladesh Limited

13.4.  Rudolf Bangladesh Ltd.

13.5.  R.H. Corporation

14. Strategic Recommendations

15. About us & Disclaimer

Figures and Tables

Frequently asked questions


The market size of the Bangladesh Textile Chemicals Market was estimated to be USD928.65 million in 2022.


The apparel segment demonstrated significant dominance in 2022. This can be attributed to the growing ready-made garment industry, increasing consumer demand, the shift towards sustainability, and import reliance.


Dhaka dominated the market with a revenue share in 2022. This is mainly due to the abundance of textile mills, the thriving ready-made garment industry, and growing consumer demand.


Growth in textile industry and surge in technological advancements are the major drivers for the Bangladesh Textile Chemicals Market.


Sakshi Bajaal

Business Consultant
Press Release

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

Dec, 2023

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