Textile chemicals are specialty synthetic compounds worn in manufacturing textile products, adjusting the quality and appearance of the product to accomplish the desired result. According to BlueQuark Research & Consulting, the global Textile Chemicals market is expected to witness a significant growth rate during the forecasted period. Factors like the growing demand for textile chemicals in the apparel industry are expected to drive the market in the forecasted years. The rising e-commerce and e-retail industries are driving apparel sales globally. Substantial expenditure in the Research and Development of the textile industry due to the growth in the need for garments and industrial fabric in emerging countries like China, Turkey, and India are awaited to surge the demand for textile chemicals. Furthermore, the rising international investments in the textile industry are growing demand for textile chemicals. However, the harmful production and left-over waste materials from textile chemicals have led the government to take strict actions to maintain the environment, which has had a substandard impact on textile chemicals and is expected to hamper the growth of the market.

Textile Chemicals produced pre-treatment chemicals, dyes, textile printing chemicals, textile colorants, sizing agents, textile polymers, fabric thickeners, bleaching agents, stain removers, and intermediate chemicals for synthetic textiles nylon, polyester, and many more.

The Apparel industry is a primary consumer of textile chemicals globally and is expected to drive the future market. The rising population has surged the need for apparel globally. Increasing demand for textiles and clothing is expected to drive textile chemicals in many applications. Textile chemistry is an extremely specialized field as it applies chemistry principles at different levels of textiles and apparel manufacturing. Textile chemistry primarily includes segments such as dyeing & finishing, fiber & polymer, and more importantly, the conjunction of material science with textile material. Textile chemistry has become a crucial element in the textile and apparel industry, with increasing consumer demand for enhanced quality and functionality. Even with a tough 2020, the global textile chemicals industry has eventually found its footing in 2021, with sales put back to the pre-pandemic times giving the industry a much-needed improvement. The automotive textile industry is also propelling the demand for textile chemicals globally. It is considered that about 50 square yards of textile material are used on average in a vehicle during its production. It is used in the vehicle's inner side for seating areas, headliners, side panels, carpets and trunk, lining, etc. Due to the rapid development in emerging countries like China and India, commercial vehicles like trucks, tractors, and trailers are surging. Further, the automotive industry is experiencing a resonance in the electric vehicle market. The environmental awareness among citizens and the government offering subsidies on its purchase further drive the automotive industry. Thus, the rising usage of textile chemicals in the apparel and the automotive sector is projected to propel the global textile chemical market in the forecasted period.

Major market players in the industry were BASF, Bayer AG, Rossari Biotech, Pulcra Chemicals, BEZEMA Group, Archromo, Dow Chemical Company, Schwarz, and Zschimme, Schwarz, among others.

The Asia-Pacific region is estimated to be the most significant market for textile chemicals due to the rapidly growing demand in the technical textile industry. Technical textile is a particular material or fabric designed for specific purposes. They offer unique and exclusive characteristics that are far different from regular fabric. These textiles combine advanced technology and improved properties like mechanical resistance, elasticity, reinforcement, anti-dust, tenacity, insulation, thermal & fire resistance, and resistance to ultraviolet and infrared. Technical textiles are basically used for non-aesthetic applications in automobiles, medical & personal hygiene, sports & leisure, pollution control & filtration, agriculture, industrial, packaging, and clothing. Thus, growth in the consumption textile industry is booming in the area, with China dominant the production and exports. Colorant & auxiliaries were the most significant consumed product type, and this segment accounted for the largest share in terms of value. Necessary auxiliaries include dispersing agents, carriers, sequestering agents, peroxide killer, anti-foaming, and anti-pilling agents. Textile colorants can be dyes & pigments, are applied to color the textile as per required aesthetic appeal. The selection of an appropriate textile colorant is essential because every type of fiber is not suitable for every kind of dye. Different kinds of dyes are used as per the fiber type, and the main types of dyes are acid dyes, basic dyes, mordant dyes, azoic dyes, sulfur dyes, and vat dyes. As the biggest market for woven fabrics, Asia-Pacific is witnessing healthy growth due to the increasing demand in countries like India and China. This growth is accredited to the rising government support and cash inflow as investments in the industry. The availability of low-cost labor and low raw materials costs compared to the western countries in the Asia- Pacific region is increasing the growth of the market. The Indian textile industry is one-off the older drives in the Indian economy. The Indian textile industry employs approximately 4.5 crores, with the Indian Textile industry contributing about 2% to the country's GDP. The Indian textile industry observed a surge in investments by attracting a foreign direct investment value of USD 3.68 Billion from April 2000 to December 2020. Bangladesh is also developing as a surging textile industry center in the area. On the report of the International Finance Corporation, Bangladesh's garment industry has expanded from USD 19 billion to USD 34 billion, about 80% of Bangladesh's total export earnings. Thus, developments like these in developing countries such as India and China are expected to drive the thriving of textile chemicals in the forecasted periods.

In July 2021, Pulcra Chemical reported its first acquisition of Devan for its bio textile business at a classified amount.

 In June 2021, Rossari Biotech Limited has reported that its Board had acquired 100% Unitop Chemical Private Limited for Rs. 421 crores. 

Global Textile Chemical Market report provides deep insight into the Industrial market's current and future state across various regions. The study comprehensively analyses the Textile Chemical market by segmenting based on the Type (Dying Chemicals, Finishing Agents, Surfactants, Bleaching Agents, Colorant & auxiliaries, Others), Application (Apparels, Home textiles, Automotive Textile, Others), and Geography (Asia-Pacific, North America, and Europe). The report calculates the market drivers and restraints and the impact of Covid-19 on the market growth in detail. The study covers emerging market trends, market share, developments, opportunities, and challenges in the industry. This report covers extensively researched competitive landscape sections with prominent companies and profiles, including their market shares and projects.