& Sizing Chemicals
Textile Chemicals Market has valued at USD 2.89 billion in 2022 and is
anticipated to project robust growth in the forecast period with a CAGR of 3.68%
through 2028. Textile chemicals play a vital role in various stages of textile
production, encompassing processes such as dyeing, printing, and finishing.
These chemicals not only enhance the durability, appearance, and functionality
of textiles but also prove to be indispensable to manufacturers.
known for its robust growth in textile production, has witnessed a surge in the
demand for textile chemicals. This demand is driven by the rising domestic
consumption of high-quality textile products and the expanding export market.
Furthermore, China's unwavering commitment to research and development
(R&D) in the chemical sector serves as another driving force for the growth
of its textile chemicals market. Through continuous R&D efforts, companies
are able to develop innovative and eco-friendly solutions that cater to the
evolving needs of the industry.
global awareness surrounding environmental sustainability has led to an urgent
need for greener production methods in the textile industry. Consequently, the
textile chemicals industry faces stricter environmental regulations, compelling
manufacturers to adopt more sustainable practices. In response, manufacturers
in China are investing in eco-friendly chemicals and processes that minimize
environmental impact without compromising product quality. This shift towards
sustainability not only addresses environmental concerns but also presents new
growth opportunities for China's textile chemicals market.
dominance in global textile production, coupled with its unwavering commitment
to R&D in the chemical sector, continues to fuel the thriving textile
chemicals market in the country. As manufacturers adapt to changing regulations
and consumer demands, the industry is poised to evolve and grow further.
Despite the challenges posed by environmental concerns, the future of the
textile chemicals industry in China looks promising. With sustained growth and
adaptation, the market is set to maintain its significant role in the global
Key Market Drivers
in Textile Industry
textile chemicals market in China is currently experiencing significant growth,
which can be attributed to several key factors. Firstly, the expansion of the
textile industry in China, which is the world's largest clothing exporter, has
resulted in a surge in demand for textile chemicals. As China continues to
dominate the global apparel market, the need for textile chemicals is expected
to grow rapidly.
the rise of e-commerce and e-retail industries worldwide has had a profound
impact on the global textile chemicals market. With the increasing popularity
of online shopping, apparel sales have been on the rise, leading to a higher
demand for textile chemicals. These chemicals play a vital role in various
stages of textile production, including dyeing, printing, and finishing.
robust growth of China's textile production has also contributed to the
increased demand for textile chemicals. As the industry continues to expand,
driven by factors such as technological advancements and increasing consumer
demand, the need for these chemicals is expected to rise correspondingly.
growth of China's textile industry not only has a significant impact on the
domestic market but also plays a crucial role in the global textile chemicals
market. As China solidifies its position as a major player in the textile
industry, the demand for textile chemicals is anticipated to further increase.
This trend indicates a promising future for the textile chemicals industry in
China, highlighting its pivotal role in the global market.
considering these factors and the continuous growth of China's textile
industry, it becomes evident that the textile chemicals market in China is
poised for continued expansion and success in the coming years.
in Technological Advancements
the dynamic world of textiles, China plays a dominant role. With its vast
manufacturing capabilities and extensive supply chain, China has established
itself as a powerhouse in the global textile industry. The impressive growth of
China's textile chemicals market can be attributed not only to the country's
position as the largest clothing exporter but also to its unwavering commitment
to technological advancements in the sector.
the last 26 years, technological progress has significantly impacted China's
textile industry. With the adoption of advanced manufacturing processes and
machinery, the industry has experienced rapid expansion, leading to a
considerable increase in energy consumption. This growth has propelled China to
the forefront of textile production, solidifying its position as a global
driving force behind the market growth of textile chemicals in China is the
increasing demand for technical textiles. These textiles, which are used in
various sectors such as healthcare, construction, and automotive, rely heavily
on innovative chemical solutions to enhance their performance and
functionality. As the demand for technical textiles continues to surge, so does
the need for specialized textile chemicals that can meet the unique
requirements of these industries.
addition to meeting the demand for technical textiles, technological
advancements have also facilitated a shift towards more sustainable and
eco-friendly practices in the textile industry. With growing awareness of
environmental issues, there is an increasing demand for organic and
eco-friendly materials in the global market. Manufacturers in China are now
embracing this trend and adopting low VOC (volatile organic compounds) and
biodegradable chemicals in their production processes to minimize their environmental
tech revolution extends beyond traditional laboratories and into its textile
industry. The country's practical approach towards technological advancement,
focusing on innovation in factories, has led to the development of new textile
chemical formulations and application techniques. This continuous innovation
drives the growth of the textile chemicals market in China, making it a hub for
cutting-edge solutions and advancements in the industry.
growth of China's textile chemicals market is closely tied to its ongoing
technological advancements. As the country continues to invest in research and
development and adopt new technologies, it is poised to maintain its leading
position in the global textile chemicals market. Furthermore, China's
commitment to sustainability and eco-friendly practices further solidifies this
growth trajectory, ensuring a promising future for the textile chemicals
industry in the country.
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in Labor and Compliance Costs
has long been recognized as a global powerhouse in apparel and home textile
production, thanks to its competitive advantage in low-cost labor compared to
other countries. However, recent trends indicate a shift in this landscape. The
adjustment in local labor markets has been notably gradual, with wages
remaining stagnant and unemployment rates persistently high. Consequently, the
textile industry has witnessed a surge in labor costs, further exacerbating the
already mounting expenses associated with textile chemical production.
addition to labor costs, compliance has become a growing concern for the global
textile dyeing sector. Stricter environmental legislation in China has resulted
in soaring prices and increased scrutiny on compliance measures. Textile
chemical manufacturers are grappling with the implementation of these
regulations, as the cost of compliance continues to rise, significantly
impacting their bottom line.
inherent volatility in labor and compliance costs has unleashed a profound
impact on the textile chemicals market. The situation has disrupted the supply
chain of chemicals to the textile sector, leading to heightened price
volatility. As a consequence, capacity utilization has taken a hit, triggering
cutthroat competition among manufacturers and a substantial decline in average
the volatility in labor and compliance costs presents a formidable challenge
for China's textile chemicals market. However, the sector's resilience and
adaptability in the face of changing circumstances suggest that it has the
potential to overcome these hurdles and continue to contribute to the sustained
growth of the global textile industry.
Key Market Trends
in Digital Printing and Inkjet Technology
textile chemicals market is experiencing a profound transformation due to the
rapid advancements in digital printing and inkjet technology. This trend is not
only reshaping the textile industry but also presenting numerous opportunities
for growth and innovation.
growing adoption of digital printing technologies in the textile industry is a
key driver of this growth. With benefits such as reduced time-to-market, design
flexibility, and lower environmental impact compared to traditional printing
methods, digital printing has become increasingly popular. Additionally, inkjet
technology has also made significant strides, contributing to the expansion of
the textile chemicals market. Its high precision capabilities allow for the
printing of intricate designs and patterns on textiles, while also enabling
more efficient utilization of textile chemicals, thereby reducing waste, and
lowering production costs.
advancements have had a profound impact on China's textile chemicals market.
The shift towards digital and inkjet printing has created a surge in demand for
specialized textile chemicals, including digital inks and pigments. In
response, manufacturers are actively developing innovative chemical solutions
to meet this growing demand.
continuous advancements in digital printing and inkjet technology are driving a
significant and transformative trend in China's textile chemicals market. As
the industry continues to embrace these advanced technologies, the demand for
specialized textile chemicals is expected to correspondingly increase. This
trend paints a promising future for the textile chemicals industry in China,
highlighting its ability to adapt to technological innovations and market
trends while fostering growth and innovation.
on the category of product, the coating & sizing chemicals segment emerged
as the dominant player in the Chinese market for Textile Chemicals in 2022. These
chemicals play a crucial role in reducing weaving risks, such as yarn fraying
and breakage, during the intricate weaving process. By effectively addressing
these challenges, they contribute to maintaining the exceptional quality and
integrity of textiles, which is paramount in the highly competitive textile
addition, there is a growing demand for technical textiles that require
specialized coating and sizing chemicals. These types of textiles find
applications in various industries, including automotive and geotextiles, where
their unique properties contribute to improved performance and durability. As a
result, the demand for these chemicals is on the rise, driven by the increasing
need for high-performance materials.
the surge in China's textile export business has had a significant impact on
the global market. China has emerged as a dominant player, capturing a
substantial share of the revenue through its textile exports. This dominance
has been achieved through a combination of factors, including
cost-effectiveness, advanced manufacturing capabilities, and a wide range of
textile products offered by Chinese manufacturers.
apparel segment is projected to experience rapid growth during the forecast period.
The rising population in China, coupled with an increase in disposable income,
has created a significant surge in demand for apparel.
more people are able to afford clothing, the textile chemicals used in clothing
production have become increasingly sought after. This growing demand for
textile chemicals is not only driven by the need to meet the production
requirements of the apparel industry but also by the evolving preferences
towards synthetic apparel. The shift towards synthetic materials necessitates
the use of specific textile chemicals to ensure the desired properties and
performance of the garments.
the apparel segment has emerged as a dominant force in the textile chemicals
market, with its increasing share reflecting the preference for synthetic
apparel among consumers. Moreover, mainland China's emergence as a leader in
world apparel production can be attributed to its advantage of low-cost labor
compared to other countries. This competitive edge has further fueled the
production of apparel, resulting in a continuous rise in the demand for textile
chemicals to support this thriving industry.
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Central emerged as the dominant player in the China Textile Chemicals Market in
2022, holding the largest market share in terms of value. Located near the
western border with Central and South Asia, South Central China enjoys a
strategic position that greatly facilitates trade in the cotton/textile/garment
sector. The region benefits from its proximity to these key trading partners,
allowing for efficient and cost-effective import and export of textile goods.
a significant hub for manufacturing, particularly textiles, the region
experiences a high concentration of industry. This concentration not only
drives economic growth but also generates a substantial demand for textile
chemicals. These chemicals play a vital role in enhancing the quality,
durability, and functionality of textile products, meeting the evolving needs
leverages its access to Central Asian markets to promote the sale of products
manufactured in Xinjiang, including textiles. This access to a broader market
creates opportunities for increased production, leading to a surge in demand
for textile chemicals. The expansion of production capacity, coupled with the
utilization of Central Asian markets, contributes to the growth of the textile
chemicals industry in South Central China.
addition to its strategic location, the region boasts robust infrastructure
that supports the production and transportation of textile goods.
Well-developed roads, railways, and ports enable seamless movement of raw
materials, intermediate products, and finished textiles, bolstering the textile
chemicals market. The efficient transportation network further enhances the
region's competitiveness in the global textile industry, attracting both
domestic and international manufacturers to invest in South Central China.
leveraging its geographical advantage, concentration of manufacturing, access
to markets, and robust infrastructure, South Central China continues to thrive
as a prominent player in the textile chemicals market, driving the growth of
the overall textile industry in the region.
August 2022, Archroma, a global leader in specialty chemicals, announced a
significant milestone by entering into a definitive agreement with Huntsman
Corporation for the acquisition of the latter's Textile Effect business. This
strategic move is aimed at expanding Archroma's market presence and
strengthening its position in the textile industry.
transaction, which is currently awaiting regulatory approvals, is anticipated
to be completed in the first half of 2023. Upon the successful acquisition,
Archroma will further enhance its comprehensive portfolio of chemical
solutions, enabling the company to better cater to the evolving needs of the
textile market. This synergy between Archroma and Huntsman Corporation is
expected to bring about numerous benefits, including increased innovation,
improved product offerings, and enhanced customer satisfaction.
joining forces, Archroma and Huntsman Corporation are poised to create a
dynamic and integrated platform that will drive growth and deliver value to
their stakeholders. With a shared commitment to excellence and sustainability,
the combined expertise and resources of these industry players will undoubtedly
propel the textile industry forward, setting new standards and paving the way
for a more vibrant and sustainable future.
Key Market Players
- Zhejiang Runtu Co. Ltd.
- Dymatic Chemicals Corporation Limited
- Hangzhou Meigao Huayi Chemical Co. Ltd.
- Zhejiang Hongda Chemical Co. Ltd.
- BASF China Co. Limited
- Archroma Chemicals (China) Limited
- Coating & Sizing Chemicals
- Colorants & Auxiliaries
- Finishing Agents
- Home Furnishing
- Technical Textiles
- North & North-East
- South Central
this report, the China Textile Chemicals Market has been segmented into the
following categories, in addition to the industry trends which have also been
- China Textile Chemicals Market, By Product:
o Coating & Sizing Chemicals
o Colorants & Auxiliaries
o Finishing Agents
- China Textile Chemicals Market, By Application:
o Home Furnishing
o Technical Textiles
- China Textile Chemicals Market, By
o North & North-East
o South Central
analysis of the major companies present in the China Textile Chemicals Market.
Textile Chemicals Market report with the given market data, TechSci Research
offers customizations according to a company's specific needs. The following
customization options are available for the report:
- Detailed analysis and profiling of
additional market players (up to five).
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