Asia Textile Sizing Chemicals Market - Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (Asia)

Description

The latest market data reveals a promising future for the Textile Sizing Chemicals market in Asia, as it continues to witness robust growth. According to the newly-released data from Fairfield Market Research, the market is expected to reach approximately US$ 445 million by the end of 2024, with a year-on-year growth of around 5.9%. The forecast for the period of 2024 to 2033 projects a remarkable growth on a value basis, with demand expected to soar to US$ 790 billion by 2031.

Sizing Agents Driving Market Growth

One of the primary factors propelling the growth of the Textile Sizing Chemicals market in Asia is the widespread use of sizing agents in textile production. These agents play a crucial role in preventing yarns such as cotton, linen, and polyester from breaking during weaving, thereby reducing machine downtime. They enhance yarn durability and abrasion resistance while minimizing hairiness. To meet the current demands of high-performance looms, there is a growing shift towards synthetic sizing agents like polyvinyl alcohol, Carboxymethyl cellulose, and polyacrylates.

Environmental Considerations

Despite the robust growth, the market is not without challenges. Environmental concerns are driving the search for viable alternatives to traditional sizing agents. Keratin, a biodegradable alternative to polyvinyl alcohol (PVA), is gaining traction. Keratin offers similar sizing efficiency to PVA and has the added benefit of being environmentally friendly, making it an attractive option for the industry.

Country-wise Analysis

China's Dominance: China continues to be a significant player in the Asia Textile Sizing Chemicals market due to its strong exports in textiles and apparel, accounting for 37% of total exports. The growing demand for comfortable and sustainable clothing in the Asia-Pacific region further fuels the expansion of China's textile chemicals industry.
India's Emerging Role: India's robust textile and chemical industries, rising per capita income, favorable demographics, and trade regulations position it as a key emerging market. The growing demand for specialty chemicals in the manufacturing sector, along with India's diverse range of fibers and yarns, including cotton, wool, and silk, create lucrative opportunities.

Competitive Analysis

The Textile Sizing Chemicals market in Asia is characterized by strong competition among major players, who collectively hold over half of the market value share. These companies leverage strategic collaborations with end-users and local distributors to meet the evolving needs of their expanding customer base. Geographic expansion and acquisitions are common growth strategies, while established brands and active marketing present challenges for new entrants.

Key Companies Leading the Way

Prominent companies contributing to the growth of the Asia Textile Sizing Chemicals market include:

Huntsman Corporation
Archroma
Dystar Group
Dow Chemical
DIC Corporation
NICCA Chemical
Ben Tech chemical
Zhongshan City Emeer Textile Auxiliary Co. Ltd
Cherng Long Enterprise Co. Ltd
Centro China
Angel Starch & Food Pvt Ltd
Ester Chemical Industries Pvt. Ltd.
Zydex Industries
Indokem Ltd.
Ran Chemicals Pvt. Ltd.
Pulcra Chemicals
Matangi International
Allwyn Chem Industries
Sarex Chemicals
Associated Chemicals
Eco Polychem Pvt. Ltd.

Key Segments Covered in Asia Textile Sizing Chemicals Market Research

Product Type

Binders
Defoamers
Dispersants
Softeners
Others

End Use

Textile Sizing Chemicals for Apparel
Textile Sizing Chemicals for Non-Apparel Use

Material Type

Starch
- Native Starch
- Modified Starch
  - Polyester Resin
  - Polyvinyl Alcohol
  - Carboxymethyl Cellulose
  - Polyacrylic Acid-based
  - Others

Country

China
India
Japan
Vietnam
South Korea
Bangladesh
Rest of APAC

1. Executive Summary

1.1. Asia Textile Sizing Chemicals Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Country Snapshot, by Value and Volume, 2023
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Asia Textile Sizing Chemicals Market Outlook, 2018 - 2031

3.1. Asia Textile Sizing Chemicals Market Outlook, by Product Type, Value (US$ Bn) and Volume (Ton), 2018 - 2031
- 3.1.1. Key Highlights
  - 3.1.1.1. Binders
  - 3.1.1.2. Defoamers
  - 3.1.1.3. Dispersants
  - 3.1.1.4. Softeners
  - 3.1.1.5. Others

3.1.1.6.

3.2. Asia Textile Sizing Chemicals Market Outlook, by Material, Value (US$ Bn) and Volume (Ton), 2018 - 2031
- 3.2.1. Key Highlights
  - 3.2.1.1. Starch
    - 3.2.1.1.1. Native Starch
    - 3.2.1.1.2. Modified Starch
  - 3.2.1.2. Polyester Resin
  - 3.2.1.3. Polyvinyl Alcohol
  - 3.2.1.4. Carboxymethyl Cellulose
  - 3.2.1.5. Polyacrylic Acid Based
  - 3.2.1.6. Others
3.3. Asia Textile Sizing Chemicals Market Outlook, By End Use, Value (US$ Bn) and Volume (Ton), 2018 - 2031
- 3.3.1. Key Highlights
  - 3.3.1.1. Apparel
  - 3.3.1.2. Non-Apparel
3.4. Asia Textile Sizing Chemicals Market Outlook, by Country, Value (US$ Bn) and Volume (Ton), 2018 - 2031
- 3.4.1. Key Highlights
  - 3.4.1.1. China
  - 3.4.1.2. Japan
  - 3.4.1.3. India
  - 3.4.1.4. Vietnam
  - 3.4.1.5. South Korea
  - 3.4.1.6. Bangladesh
  - 3.4.1.7. Rest of Asia

4. China Coating Additives Market Outlook, 2018 - 2031

4.1. China Coating Additives Market Outlook, by Product Type, Value (US$ Bn) and Volume (Ton), 2018 - 2031
- 4.1.1. Key Highlights
  - 4.1.1.1. Binders
  - 4.1.1.2. Defoamers
  - 4.1.1.3. Dispersants
  - 4.1.1.4. Softeners
  - 4.1.1.5. Others
4.2. China Coating Additives Market Outlook, by Material, Value (US$ Bn) and Volume (Ton), 2018 - 2031
- 4.2.1. Key Highlights
  - 4.2.1.1. Starch
    - 4.2.1.1.1. Native Starch
    - 4.2.1.1.2. Modified Starch
  - 4.2.1.2. Polyester Resin
  - 4.2.1.3. Polyvinyl Alcohol
  - 4.2.1.4. Carboxymethyl Cellulose
  - 4.2.1.5. Polyacrylic Acid Based
  - 4.2.1.6. Others
4.3. China Coating Additives Market Outlook, By End Use, Value (US$ Bn) and Volume (Ton), 2018 - 2031
- 4.3.1. Key Highlights
  - 4.3.1.1. Apparel
  - 4.3.1.2. Non-Apparel
- 4.3.2. BPS Analysis/Market Attractiveness Analysis

5. India Coating Additives Market Outlook, 2018 - 2031

5.1. India Coating Additives Market Outlook, by Product Type, Value (US$ Bn) and Volume (Ton), 2018 - 2031
- 5.1.1. Key Highlights
  - 5.1.1.1. Binders
  - 5.1.1.2. Defoamers
  - 5.1.1.3. Dispersants
  - 5.1.1.4. Softeners
  - 5.1.1.5. Others
5.2. India Coating Additives Market Outlook, by Material, Value (US$ Bn) and Volume (Ton), 2018 - 2031
- 5.2.1. Key Highlights
  - 5.2.1.1. Starch
    - 5.2.1.1.1. Native Starch
    - 5.2.1.1.2. Modified Starch
  - 5.2.1.2. Polyester Resin
  - 5.2.1.3. Polyvinyl Alcohol
  - 5.2.1.4. Carboxymethyl Cellulose
  - 5.2.1.5. Polyacrylic Acid Based
  - 5.2.1.6. Others
5.3. India Coating Additives Market Outlook, By End Use, Value (US$ Bn) and Volume (Ton), 2018 - 2031
- 5.3.1. Key Highlights
  - 5.3.1.1. Apparel
  - 5.3.1.2. Non-Apparel
- 5.3.2. BPS Analysis/Market Attractiveness Analysis

6. Japan Coating Additives Market Outlook, 2018 - 2031

6.1. Japan Coating Additives Market Outlook, by Product Type, Value (US$ Bn) and Volume (Ton), 2018 - 2031
- 6.1.1. Key Highlights
  - 6.1.1.1. Binders
  - 6.1.1.2. Defoamers
  - 6.1.1.3. Dispersants
  - 6.1.1.4. Softeners
  - 6.1.1.5. Others
6.2. Japan Coating Additives Market Outlook, by Material, Value (US$ Bn) and Volume (Ton), 2018 - 2031
- 6.2.1. Key Highlights
  - 6.2.1.1. Starch
    - 6.2.1.1.1. Native Starch
    - 6.2.1.1.2. Modified Starch
  - 6.2.1.2. Polyester Resin
  - 6.2.1.3. Polyvinyl Alcohol
  - 6.2.1.4. Carboxymethyl Cellulose
  - 6.2.1.5. Polyacrylic Acid Based
  - 6.2.1.6. Others
6.3. Japan Coating Additives Market Outlook, By End Use, Value (US$ Bn) and Volume (Ton), 2018 - 2031
- 6.3.1. Key Highlights
  - 6.3.1.1. Apparel
  - 6.3.1.2. Non-Apparel
- 6.3.2. BPS Analysis/Market Attractiveness Analysis

7. South Korea Coating Additives Market Outlook, 2018 - 2031

7.1. South Korea Coating Additives Market Outlook, by Product Type, Value (US$ Bn) and Volume (Ton), 2018 - 2031
- 7.1.1. Key Highlights
  - 7.1.1.1. Binders
  - 7.1.1.2. Defoamers
  - 7.1.1.3. Dispersants
  - 7.1.1.4. Softeners
  - 7.1.1.5. Others
7.2. South Korea Coating Additives Market Outlook, by Material, Value (US$ Bn) and Volume (Ton), 2018 - 2031
- 7.2.1. Key Highlights
  - 7.2.1.1. Starch
    - 7.2.1.1.1. Native Starch
    - 7.2.1.1.2. Modified Starch
  - 7.2.1.2. Polyester Resin
  - 7.2.1.3. Polyvinyl Alcohol
  - 7.2.1.4. Carboxymethyl Cellulose
  - 7.2.1.5. Polyacrylic Acid Based
  - 7.2.1.6. Others
7.3. South Korea Coating Additives Market Outlook, By End Use, Value (US$ Bn) and Volume (Ton), 2018 - 2031
- 7.3.1. Key Highlights
  - 7.3.1.1. Apparel
  - 7.3.1.2. Non-Apparel
- 7.3.2. BPS Analysis/Market Attractiveness Analysis

8. Bangladesh Coating Additives Market Outlook, 2018 - 2031

8.1. Bangladesh Coating Additives Market Outlook, by Product Type, Value (US$ Bn) and Volume (Ton), 2018 - 2031
- 8.1.1. Key Highlights
  - 8.1.1.1. Binders
  - 8.1.1.2. Defoamers
  - 8.1.1.3. Dispersants
  - 8.1.1.4. Softeners
  - 8.1.1.5. Others
8.2. Bangladesh Coating Additives Market Outlook, by Material, Value (US$ Bn) and Volume (Ton), 2018 - 2031
- 8.2.1. Key Highlights
  - 8.2.1.1. Starch
    - 8.2.1.1.1. Native Starch
    - 8.2.1.1.2. Modified Starch
  - 8.2.1.2. Polyester Resin
  - 8.2.1.3. Polyvinyl Alcohol
  - 8.2.1.4. Carboxymethyl Cellulose
  - 8.2.1.5. Polyacrylic Acid Based
  - 8.2.1.6. Others
8.3. Bangladesh Coating Additives Market Outlook, By End Use, Value (US$ Bn) and Volume (Ton), 2018 - 2031
- 8.3.1. Key Highlights
  - 8.3.1.1. Apparel
  - 8.3.1.2. Non-Apparel
- 8.3.2. BPS Analysis/Market Attractiveness Analysis

9. Competitive Landscape

9.1. by Material vs by Product Type Heat map
9.2. Manufacturer vs by Product Type Heat map
9.3. Company Market Share Analysis, 2023
9.4. Competitive Dashboard
9.5. Company Profiles
- 9.5.1. Huntsman Corporation
  - 9.5.1.1. Company Overview
  - 9.5.1.2. Product Portfolio
  - 9.5.1.3. Financial Overview
  - 9.5.1.4. Business Strategies and Development
- 9.5.2. Archroma
  - 9.5.2.1. Company Overview
  - 9.5.2.2. Product Portfolio
  - 9.5.2.3. Financial Overview
  - 9.5.2.4. Business Strategies and Development
- 9.5.3. Dystar Group
  - 9.5.3.1. Company Overview
  - 9.5.3.2. Product Portfolio
  - 9.5.3.3. Financial Overview
  - 9.5.3.4. Business Strategies and Development
- 9.5.4. Dow Chemical Inc.
  - 9.5.4.1. Company Overview
  - 9.5.4.2. Product Portfolio
  - 9.5.4.3. Financial Overview
  - 9.5.4.4. Business Strategies and Development
- 9.5.5. DIC Corporation
  - 9.5.5.1. Company Overview
  - 9.5.5.2. Product Portfolio
  - 9.5.5.3. Financial Overview
  - 9.5.5.4. Business Strategies and Development
- 9.5.6. NICCA Chemical
  - 9.5.6.1. Company Overview
  - 9.5.6.2. Product Portfolio
  - 9.5.6.3. Financial Overview
  - 9.5.6.4. Business Strategies and Development
- 9.5.7. Ben Tech chemical
  - 9.5.7.1. Company Overview
  - 9.5.7.2. Product Portfolio
  - 9.5.7.3. Financial Overview
  - 9.5.7.4. Business Strategies and Development
- 9.5.8. Roto Polymers
  - 9.5.8.1. Company Overview
  - 9.5.8.2. Product Portfolio
  - 9.5.8.3. Financial Overview
  - 9.5.8.4. Business Strategies and Development
- 9.5.9. Zhongshan City Emeer Textile Auxiliary Co. Ltd
  - 9.5.9.1. Company Overview
  - 9.5.9.2. Product Portfolio
  - 9.5.9.3. Financial Overview
  - 9.5.9.4. Business Strategies and Development
- 9.5.10. Cherng Long Enterprise Co. Ltd
  - 9.5.10.1. Company Overview
  - 9.5.10.2. Product Portfolio
  - 9.5.10.3. Financial Overview
  - 9.5.10.4. Business Strategies and Development
- 9.5.11. Indokem Ltd.
  - 9.5.11.1. Company Overview
  - 9.5.11.2. Product Portfolio
  - 9.5.11.3. Financial Overview
  - 9.5.11.4. Business Strategies and Development
- 9.5.12. Ran Chemicals Pvt. Ltd.
  - 9.5.12.1. Company Overview
  - 9.5.12.2. Product Portfolio
  - 9.5.12.3. Financial Overview
  - 9.5.12.4. Business Strategies and Development

10. Appendix

10.1. Research Methodology
10.2. Report Assumptions
10.3. Acronyms and Abbreviations