About Specialty Textile Chemical
Specialty chemicals are widely used in textile industry from pretreatment to dyeing, printing and finishing. These chemicals designed for specific applications and includes repellents, flame retardants, antimicrobial, etc. In today’s time, consumer preference towards the sustainable and eco-friendly textile has created significant opportunities for chemical manufacturers. However, increasing focus on technical textiles for applications such as medical, industrial, and automotive sectors is expected to fuel the growth.
Attributes | Details |
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Study Period | 2020-2032 |
Base Year | 2024 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that European Vendors will contribute the maximum growth to Global Specialty Textile Chemical market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Lanxess AG (Germany), Archroma (Switzerland), Sarex (India), Fineotex Chemical Limited (India), Solvay (Belgium), Arkema (France), Covestro AG (Germany), L. N. Chemical Industries (India), Lanxes (Germany), Kiri Industries (India), Bozzetto Group (Italy) and Nouryon (Netherlands) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Specialty Textile Chemical market by Type (Repellent & Release, Flame Retardants, Antimicrobial, Anti-inflammatory, Biocides, Softeners and Others), Application (Apparel (Sportswear, Outerwear, Innerwear, Others, Home Furnishing (Furniture, Drapery, Carpet, Other), Technical Textiles (Agrotech, Buildtech, Geotech, Medtech, Mobiltech, Packtech, Protech, Indutech, Other) and Others) and Region.
On the basis of geography, the market of Specialty Textile Chemical has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Form, the sub-segment i.e. Powder will boost the Specialty Textile Chemical market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Process, the sub-segment i.e. Pretreatment will boost the Specialty Textile Chemical market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Focus Towards the Manufacturing of Eco-friendly and Sustainable Chemicals
Market Growth Drivers:
Significant Growth of Specialty Textile Chemicals for Making Trendy and Stylish Apparel and Increasing Popularity of Non-Woven Fabrics for Home Furnishing and Other Household Applications
Challenges:
Availability of Multiple Chemical Vendors in the World May Increase Competition For The Market
Restraints:
Stringent Government Regulations on Textile Industry Due to Water Pollution Along With Waste Generation
Opportunities:
Rapidly Growing Textile Industry in Asia Pacific Region Specially in India and China
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Specialty Textile Chemical Manufacturers, Suppliers and Distributors of Specialty Textile Chemical, Venture Capitalists and Private Equity Firms, Regulatory Bodies and Research Organizations, End-Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.