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

  • Industry : Chemicals
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  • Published Date : NA
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Summary

Report Description

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.

Technical textiles are used in a variety of fields, including sports, healthcare, the aerospace industry, and the automobile and building industries. The requirement for the chemicals used in the manufacture of technical textiles, including coatings, finishes, and polymers, rises in tandem with the demand for these products, fueling the global technical textile chemicals market growth. The flourishing textile industry across the globe is further supporting the growth of the global technical textile chemicals market. Ingenious designs and smart & innovative marketing strategies by the firms to capture the attention of consumers are propelling the apparel industry. Moreover, rising exposure to the internet and e-commerce among consumers has improved the fashion consciousness and availability of high-end brands and limited-edition products.  As per the EURATEX, the textiles sector is important for European industry. In 2019, the EU textile and clothing sector had a turnover of USD 176 Billion, employing over 1.5 million people across 160 000 companies. However, for 2020, the COVID-19 crisis caused a dramatic drop in turnover by -9 % for textiles as a whole and by -17 % for clothing. The rising per capita pay, the ideal socioeconomics, and the change in inclination for marked items are projected to drive interest in the apparel market. The adoption of a luxury lifestyle among consumers has influenced millennials' purchasing power to opt for luxury wear. Despite being a developed market, the changing style and the advancing retail scene across brands have been vital components of the roaring clothing market. This covers the application of eco-friendly chemicals in the manufacture of textiles. Regulatory regulations, consumer preferences, and the industry's aim to lower its carbon footprint all influence the need for sustainable textile chemicals. Compounds with advantages including less water use, fewer energy needs, and biodegradability are increasing popularity in today's world. Urbanization and industrialization are occurring quickly in emerging economies, particularly in the Asia-Pacific region and South America. The demand for technical textiles is being driven by rising building activity, infrastructure development, and automobile production. As a result, these areas are seeing growth in the market for the chemicals used in the creation of technical textiles. Improving consumer understanding of and use of smart textiles Electronic and functional elements are incorporated into textiles to create smart textiles, also known as electronic textiles or e-textiles. They provide features including sensing, watching, and communicating. In industries including healthcare, sports and fitness, and military and defense, there is an increasing demand for smart textiles. These textiles must be produced using specialist chemicals and materials, opening the market potential for technical textile chemicals.

Increase Usage for Protective Textiles is Spurring the Growth of Global Technical Textile Chemicals Market

The growing awareness regarding worker safety, stringent government regulations, and the need for advanced personal protective equipment (PPE) have propelled the demand for technical textiles chemicals in the production of flame-resistant, chemical-resistant, and high-visibility textiles. In an increasingly hazardous work environment, protective textiles play a crucial role in ensuring the safety and well-being of workers. Industries such as manufacturing, construction, oil and gas, mining, and chemical handling rely on these fabrics to protect their workforce from potential risks. Protective textiles provide resistance to heat, flame, electric arc flashes, chemical spills, and mechanical impacts, mitigating the potential for injuries and accidents. 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. In most developed countries, protective textiles already account for 4% of the total textile production. Technological advancements have played a significant role in the development of innovative protective textiles. The integration of advanced fibers, coatings, and finishes has improved the performance characteristics of these fabrics. For instance, the use of high-performance fibers like aramids, polybenzimidazole (PBI), and ultra-high molecular weight polyethylene (UHMWPE) has enhanced the strength, durability, and flame resistance of protective textiles. Additionally, advancements in textile engineering have enabled the production of lightweight and breathable protective fabrics, enhancing comfort and wearability. Furthermore, the demand for protective textiles is expanding beyond traditional industries. Sectors such as healthcare, emergency services, and military and defense are increasingly adopting these fabrics to address their specific safety requirements. In healthcare, protective textiles are used in surgical gowns, medical gloves, and barrier fabrics to prevent the spread of infections. Emergency service personnel rely on protective clothing for firefighting, search and rescue operations, and hazardous material handling. The military and defense sector utilizes advanced protective textiles for combat uniforms, body armor, and ballistic protection.


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Innovation in Sports and Outdoor Applications is Propelling the Global Technical Textile Chemicals Market

The sports industry has embraced technical textiles due to their exceptional performance characteristics. The chemicals used in technical textiles enable moisture management, UV protection, and temperature regulation, enhancing the comfort and functionality of sportswear, outdoor clothing, and equipment. Innovation in textile materials has played a pivotal role in improving athletic performance. 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. Traditional fabrics have been replaced by high-performance textiles that offer superior moisture management, breathability, and thermal regulation. These fabrics wick away sweat, keep athletes dry and comfortable, and help regulate body temperature during intense physical activities. Materials like moisture-wicking polyester, merino wool, and nylon blends have become popular choices in sportswear, allowing athletes to perform at their best. The integration of technology into sports and outdoor equipment has transformed the way athletes train and compete. Smart wearables, such as fitness trackers, GPS-enabled devices, and heart rate monitors, provide real-time data and performance metrics, allowing athletes to track their progress and optimize their training routines. This data-driven approach helps athletes make informed decisions, identify areas of improvement, and enhance their overall performance. Moreover, Advancements in material science have led to the development of lightweight yet highly durable materials for sports and outdoor equipment. Carbon fiber, for example, is widely used in the production of bicycles, tennis rackets, and climbing gear due to its exceptional strength-to-weight ratio. Similarly, lightweight alloys and composite materials have revolutionized the design of sports equipment, making it easier for athletes to achieve greater speeds, agility, and control. Also, innovative materials and designs have significantly improved the safety and protection offered by sports and outdoor gear. For instance, helmets for cycling, skiing, and climbing now incorporate advanced shock-absorbing technologies, ensuring better head protection during impacts. Similarly, body armor and protective padding have become more lightweight, flexible, and breathable, providing athletes with enhanced safety without sacrificing mobility or comfort. Moreover, with growing environmental concerns, the sports and outdoor industry is embracing sustainable practices and materials. Companies are focusing on reducing their carbon footprint, using recycled materials, and adopting eco-friendly manufacturing processes. Recycled polyester, organic cotton, and plant-based fibers are being increasingly utilized in the production of sportswear and outdoor apparel, ensuring sustainability throughout the product’s lifecycle.

Market Segmentation

Global Technical Textiles Chemicals Market is segmented based on fiber, product application, and region. Based on fiber, the global technical textiles chemicals market can be divided into natural and synthetic. Based on product, the global technical textiles chemicals Market can be divided into coating & sizing, colorants & auxiliaries, desizing agents and surfactants. Based on application, the global technical textiles chemicals Market can be divided into apparel, home textile, and technical textile. Regionally, global technical textile chemicals can be categorized into North America, Europe, Asia Pacific, South America, and Middle East & Africa.

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.

Attribute

Details

Base Year

2022

Historic Data

2018 – 2022

Estimated Year

2023

Forecast Period

2024 – 2028

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

Regional scope

North America, Europe, Asia Pacific, South America, Middle East & Africa

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.

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)

Report Scope:

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

  • Technical Textiles Chemicals Market, By Fiber:
    • Natural
    • Synthetic
  • Technical Textiles Chemicals Market, By Product:
    • Coating & Sizing
    • Colorants & Auxiliaries
    • Desizing Agents
    • Surfactants
  • Technical Textiles Chemicals Market, By Application:
    • Apparel
    • Home Textile
    • Technical Textile
  • Technical Textiles Chemicals Market, By Region:
    • Europe
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
    • Asia-Pacific
      • China
      • India
      • Japan
      • Australia
      • South Korea
    • North America
      • United States
      • Canada
      • Mexico
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Turkey
      • Egypt
      • South Africa
    • South America
      • Brazil
      • Colombia
      • Argentina

Competitive Landscape

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

Available Customizations:

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:

Company Information

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

Global Technical 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 Sources

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.    Voice of Customers

5.    Global Technical Textiles Chemicals Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value & Volume

5.2.  Market Share & Forecast

5.2.1.    By Fiber (Natural, Synthetic)

5.2.2.    By Product (Coating & Sizing, Colorants & Auxiliaries, Desizing Agents, Surfactants)

5.2.3.    By Application (Apparel, Home Textile, Technical Textile)

5.2.4.    By Region (North America, Europe, Asia Pacific, South America, Middle East & Africa)

5.2.5.    By Company (2021)

5.3.  Market Map

5.3.1.    By Fiber

5.3.2.    By Product

5.3.3.    By Application

6.    Europe Technical Textiles Chemicals Market Outlook

6.1.  Market Size & Forecast        

6.1.1.    By Value & Volume

6.2.  Market Share & Forecast

6.2.1.    By Fiber (Natural, Synthetic)

6.2.2.    By Product (Coating & Sizing, Colorants & Auxiliaries, Desizing Agents, Surfactants)

6.2.3.    By Application (Apparel, Home Textile, Technical Textile)

6.2.4.    By Region

6.3.  Europe: Country Analysis

6.3.1.    France Technical Textiles Chemicals Market Outlook

6.3.1.1.        Market Size & Forecast

6.3.1.1.1.            By Value & Volume

6.3.1.2.        Market Share & Forecast

6.3.1.2.1.            By Fiber

6.3.1.2.2.            By Product

6.3.1.2.3.            By Application

6.3.2.    Germany Technical Textiles Chemicals Market Outlook

6.3.2.1.        Market Size & Forecast

6.3.2.1.1.            By Value & Volume

6.3.2.2.        Market Share & Forecast

6.3.2.2.1.            By Fiber

6.3.2.2.2.            By Product

6.3.2.2.3.            By Application

6.3.3.    United Kingdom Technical Textiles Chemicals Market Outlook

6.3.3.1.        Market Size & Forecast

6.3.3.1.1.            By Value & Volume

6.3.3.2.        Market Share & Forecast

6.3.3.2.1.            By Fiber

6.3.3.2.2.            By Product

6.3.3.2.3.            By Application

6.3.4.    Italy Technical Textiles Chemicals Market Outlook

6.3.4.1.        Market Size & Forecast

6.3.4.1.1.            By Value & Volume

6.3.4.2.        Market Share & Forecast

6.3.4.2.1.            By Fiber

6.3.4.2.2.            By Product

6.3.4.2.3.            By Application

6.3.5.    Spain Technical Textiles Chemicals Market Outlook

6.3.5.1.        Market Size & Forecast

6.3.5.1.1.            By Value & Volume

6.3.5.2.        Market Share & Forecast

6.3.5.2.1.            By Fiber

6.3.5.2.2.            By Product

6.3.5.2.3.            By Application

7.    Asia-Pacific Technical Textiles Chemicals Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value & Volume

7.2.  Market Share & Forecast

7.2.1.    By Fiber (Natural, Synthetic)

7.2.2.    By Product (Coating & Sizing, Colorants & Auxiliaries, Desizing Agents, Surfactants)

7.2.3.    By Application (Apparel, Home Textile, Technical Textile)

7.2.4.    By Region

7.3.  Asia-Pacific: Country Analysis

7.3.1.    China Technical Textiles Chemicals Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.            By Value & Volume

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.            By Fiber

7.3.1.2.2.            By Product

7.3.1.2.3.            By Application

7.3.2.    India Technical Textiles Chemicals Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.            By Value & Volume

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.            By Fiber

7.3.2.2.2.            By Product

7.3.2.2.3.            By Application

7.3.3.    Japan Technical Textiles Chemicals Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.            By Value & Volume

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.            By Fiber

7.3.3.2.2.            By Product

7.3.3.2.3.            By Application

7.3.4.    South Korea Technical Textiles Chemicals Market Outlook

7.3.4.1.        Market Size & Forecast

7.3.4.1.1.            By Value & Volume

7.3.4.2.        Market Share & Forecast

7.3.4.2.1.            By Fiber

7.3.4.2.2.            By Product

7.3.4.2.3.            By Application

7.3.5.    Australia Technical Textiles Chemicals Market Outlook

7.3.5.1.        Market Size & Forecast

7.3.5.1.1.            By Value & Volume

7.3.5.2.        Market Share & Forecast

7.3.5.2.1.            By Fiber

7.3.5.2.2.            By Product

7.3.5.2.3.            By Application

8.    North America Technical Textiles Chemicals Market Outlook

8.1.  Market Size & Forecast        

8.1.1.    By Value & Volume

8.2.  Market Share & Forecast

8.2.1.    By Fiber (Natural, Synthetic)

8.2.2.    By Product (Coating & Sizing, Colorants & Auxiliaries, Desizing Agents, Surfactants)

8.2.3.    By Application (Apparel, Home Textile, Technical Textile)

8.2.4.    By Region

8.3.  North America: Country Analysis

8.3.1.    United States Technical Textiles Chemicals Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.            By Value & Volume

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.            By Fiber

8.3.1.2.2.            By Product

8.3.1.2.3.            By Application

8.3.2.    Canada Technical Textiles Chemicals Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.            By Value & Volume

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.            By Fiber

8.3.2.2.2.            By Product

8.3.2.2.3.            By Application

8.3.3.    Mexico Technical Textiles Chemicals Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.            By Value & Volume

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.            By Fiber

8.3.3.2.2.            By Product

8.3.3.2.3.            By Application

9.    Middle East and Africa Technical Textiles Chemicals Market Outlook

9.1.  Market Size & Forecast        

9.1.1.    By Value & Volume

9.2.  Market Share & Forecast

9.2.1.    By Fiber (Natural, Synthetic)

9.2.2.    By Product (Coating & Sizing, Colorants & Auxiliaries, Desizing Agents, Surfactants)

9.2.3.    By Application (Apparel, Home Textile, Technical Textile)

9.2.4.    By Region

9.3.  MEA: Country Analysis

9.3.1.    Saudi Arabia Technical Textiles Chemicals Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.            By Value & Volume

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.            By Fiber

9.3.1.2.2.            By Product

9.3.1.2.3.            By Application

9.3.2.    UAE Technical Textiles Chemicals Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.            By Value & Volume

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.            By Fiber

9.3.2.2.2.            By Product

9.3.2.2.3.            By Application

9.3.3.    South Africa Technical Textiles Chemicals Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.            By Value & Volume

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.            By Fiber

9.3.3.2.2.            By Product

9.3.3.2.3.            By Application

9.3.4.    Egypt Technical Textiles Chemicals Market Outlook

9.3.4.1.        Market Size & Forecast

9.3.4.1.1.            By Value & Volume

9.3.4.2.        Market Share & Forecast

9.3.4.2.1.            By Fiber

9.3.4.2.2.            By Product

9.3.4.2.3.            By Application

9.3.5.    Turkey Technical Textiles Chemicals Market Outlook

9.3.5.1.        Market Size & Forecast

9.3.5.1.1.            By Value & Volume

9.3.5.2.        Market Share & Forecast

9.3.5.2.1.            By Fiber

9.3.5.2.2.            By Product

9.3.5.2.3.            By Application

10.  South America Technical Textiles Chemicals Market Outlook

10.1.             Market Size & Forecast         

10.1.1. By Value & Volume

10.2.             Market Share & Forecast

10.2.1. By Fiber (Natural, Synthetic)

10.2.2. By Product (Coating & Sizing, Colorants & Auxiliaries, Desizing Agents, Surfactants)

10.2.3. By Application (Apparel, Home Textile, Technical Textile)

10.2.4. By Region

10.3.             South America: Country Analysis

10.3.1. Brazil Technical Textiles Chemicals Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value & Volume

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Fiber

10.3.1.2.2.         By Product

10.3.1.2.3.         By Application

10.3.2. Colombia Technical Textiles Chemicals Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value & Volume

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Fiber

10.3.2.2.2.         By Product

10.3.2.2.3.         By Application

10.3.3. Argentina Technical Textiles Chemicals Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value & Volume

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Fiber

10.3.3.2.2.         By Product

10.3.3.2.3.         By Application

11.  Market Dynamics

11.1.             Drivers

11.2.             Challenges

12.  Market Trends & Developments

12.1.             Recent Developments

12.2.             Mergers & Acquisitions

12.3.             Product Launches

13.  Global Technical Textiles Chemicals Market: SWOT Analysis

14.  Porter’s Five Forces Analysis

14.1.             Competition in the Industry

14.2.             Potential of New Entrants

14.3.             Power of Suppliers

14.4.             Power of Customers

14.5.             Threat of Substitute Products

15.  Competitive Landscape

15.1.             Business Overview

15.2.             Company Snapshot

15.3.             Products & Services

15.4.             Financials (In case of listed companies)

15.5.             Recent Developments

15.6.             SWOT Analysis

15.6.1. BASF SE

15.6.2. Dow Inc.

15.6.3. Wacker Chemie AG

15.6.4. Archroma U.S., Inc.

15.6.5. Solvay S.A.

15.6.6. Evonik Industries AG

15.6.7. Tanatex Chemicals B.V.

15.6.8. Rudolf Atul Chemicals Ltd (RACL) Ltd.

15.6.9. The Lubrizol Corporation

15.6.10.               Fibro Chem, LLC

16.  Strategic Recommendations

Figures and Tables

Frequently asked questions

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Rising Usage in Apparel and Home Textile Segments are expected to drive the demand for Global Technical Textile Market.

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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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Based on application, the apparel segment is dominating the market in the forecast period owing to increasing demand for online shopping which is therefore helping increase the demand of the overall market.

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The global technical textile chemicals market is hampered by fluctuations in the prices of raw materials, such as petrochemicals and specialty chemicals.

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Sakshi Bajaal

Business Consultant
Press Release

Technical Textile Chemicals Market To Grow With Over 4.6% CAGR During Forecast Period

May, 2022

Global Technical Textile Chemicals Market is driven by growing demands for technical textile in the forecast period, 2023-2027.

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