Technical Textile Chemical Market Report: Trends, Forecast and Competitive Analysis to 2030

Technical Textile Chemical Trends and Forecast

The future of the global technical textile chemical market looks promising with opportunities in the hygiene & medical, furniture & upholstery, automobile, building and construction, sports & leisure, personal protection, and agri & forestry markets. The global technical textile chemical market is expected to reach an estimated $12.7 billion by 2030 with a CAGR of 4.8% from 2024 to 2030. The major drivers for this market are growing demand for this textile in home furnishing & decoration sector and rising number of commercial spaces.

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Technical Textile Chemical by Segment

The study includes a forecast for the global technical textile chemical by material type, application, end use industry, and region.

Technical Textile Chemical Market by Material Type [Shipment Analysis by Value from 2018 to 2030]:

• Coating and Sizing Chemicals
• Colorants and Auxiliaries
• Finishing Agents
• Others

Technical Textile Chemical Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Cloth-Tech
• Sport-Tech
• Pro-Tech
• Home-Tech
• Indu-Tech
• Med-Tech
• Mobile-Tech
• Build-Tech

Technical Textile Chemical Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:

• Hygiene & Medicals
• Furniture & Upholstery
• Automobiles
• Building and Construction
• Sports & Leisure
• Personal Protection
• Agri & Forestry
• Others

Technical Textile Chemical Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Technical Textile Chemical Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies technical textile chemical companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the technical textile chemical companies profiled in this report include-

• Dow Chemicals
• BASF SE
• Huntsman International
• Archroma
• Du Pont de Nemours

Technical Textile Chemical Market Insights

Lucintel forecasts that coating and sizing chemical is expected to witness the highest growth over the forecast period.

Within this market, furniture & upholstery is expected to witness the highest growth over the forecast period.

APAC is expected to witness highest growth over the forecast period.

Features of the Global Technical Textile Chemical Market

Market Size Estimates: Technical textile chemical market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Technical textile chemical market size by material type, application, end use industry, and region in terms of value ($B).

Regional Analysis: Technical textile chemical market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different material types, applications, end use industries, and regions for the technical textile chemical market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the technical textile chemical market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the technical textile chemical market size?

Answer: The global technical textile chemical market is expected to reach an estimated $12.7 billion by 2030.

Q2. What is the growth forecast for technical textile chemical market?

Answer: The global technical textile chemical market is expected to grow with a CAGR of 4.8% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the technical textile chemical market?

Answer: The major drivers for this market are growing demand for this textile in home furnishing & decoration sector and rising number of commercial spaces.

Q4. What are the major segments for technical textile chemical market?

Answer: The future of the technical textile chemical market looks promising with opportunities in the hygiene & medical, furniture & upholstery, automobile, building and construction, sports & leisure, personal protection, and agri & forestry markets.

Q5. Who are the key technical textile chemical market companies?

Answer: Some of the key technical textile chemical companies are as follows:

• Dow Chemicals
• BASF SE
• Huntsman International
• Archroma
• Du Pont de Nemours

Q6. Which technical textile chemical market segment will be the largest in future?

Answer: Lucintel forecasts that coating and sizing chemical is expected to witness the highest growth over the forecast period.

Q7. In technical textile chemical market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the technical textile chemical market by material type (coating and sizing chemicals, colorants and auxiliaries, finishing agents, and others), application (cloth-tech, sport-tech, pro-tech, home-tech, indu-tech, med-tech, mobile-tech, and build-tech), end use industry (hygiene & medicals, furniture & upholstery, automobiles, building and construction, sports & leisure, personal protection, agri & forestry, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?