Global Textile Auxiliaries Market: Key Highlights
·
In terms
of value, the global textile auxiliaries market is anticipated to expand at a
CAGR of ~4% from 2019 to 2027.
·
Textile
auxiliaries have commercial significance in the manufacture of modern fabrics
for the textile industry. Textile auxiliaries are specially formulated chemical
products that offer technical support, from yarn making to fabric preparing.
·
Textile
auxiliaries are various types of chemicals used at several stages of fabric
production to achieve the desired quality of garments and textile goods. They
also provide softness, uniformity, and excellent quality to a large number of
textile products such as carpets, curtains, furniture, bed sheets, covers, and
personal clothing.
·
Domestic
consumption of textile auxiliaries in China and India is projected to increase
significantly in the next decade. Prominent producers of textiles such as
China, India, and Vietnam are planning to increase their exports due to the
rising demand for textile auxiliaries. These key factors are anticipated to
drive the textile auxiliaries market in
these countries in the near future.
·
North
America has witnessed increased consumption of textiles over the last few
years, due to the large production of fabrics, clothing, and technical fabrics,
and their exports from the U.S. to other countries. This trend is anticipated
to continue over the next few years.
·
Europe is
one of the lucrative industries for textiles, due to the presence of a
well-established fashion & clothing industry in countries such as Germany,
France, and Italy. This is expected to boost the demand for textile auxiliaries
in the region in the next few years.
Dyeing & Printing Agents to be Leading Product
Segment of Global Textile Auxiliaries Market
·
In terms
of product, the global textile auxiliaries market can be categorized into
pretreatment agents, dyeing & printing agents, finishing agents, spin
finishes, and knitting & weaving auxiliaries. The dyeing & printing
agents segment accounted for a major market share in 2018. It is likely to
remain the leading segment during the forecast period.
·
Dyeing
auxiliaries are chemical formulated products that are largely applied in dyeing
and printing operations. These auxiliaries provide the required support to
fabrics in printing and dyeing operations to achieve the desired effects and
textures.
·
In terms
of market share, the finishing agents segment followed the dyeing &
printing agents segment in 2018. This segment is estimated to expand at a CAGR
of ~4% from 2019 to 2027. Finishing agents are important chemicals
due to their properties of softening and uniform fabric leveling. Fabric
softness is necessary for textiles, which is delivered by finishing agents.
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Stringent Regulatory Framework Regarding Release of
Toxic Chemicals and Pollutants to Hamper Demand
·
Textile
auxiliaries are primarily associated with the significant use of chemicals such
as dyes, fuel, and water for fabric treatment. The textile industry also
produces a large number of harmful chemicals such as surfactants, salts, and
biocides that can damage the environment through sewage or other sources. In
the textile industry, a large amount of wastewater is generated along with
toxic chemicals. These key factors are likely to hinder the global textile
auxiliaries market during the forecast period.
·
The
emission of hydrocarbons, air pollutants, and ozone-depleting compounds is one
of the key challenges for players operating in the global textile industry.
Most textile-drying ovens release hydrocarbon gases during the generation of
high-temperature air. Key damaging gases are nitrogen oxide, chlorine dioxide,
and sulfur dioxides and particulates. Textile processing also releases harmful
gases such as formaldehyde and other volatile compounds, which can damage the
ozone layer. This factor can hamper the demand for textile auxiliaries in the
next few years.
·
In 2008,
the European Union implemented the Integrated Pollution Prevention and Control
(IPPC) and Emission Trading System (ETS) for textile manufacturers. It includes
a ban on more than 120 chemicals used in dyeing in Europe. The restriction
consists of no use of chemicals derived from diazonium salts, which can be carcinogenic
for humans.
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Apparel Application to Witness High Growth
·
Based on
application, the global textile auxiliaries market has been segregated into
home furnishings, technical textiles, apparel, and industrial textiles. The
home furnishings segment has been sub-segmented into carpets & rugs,
furniture, and others.
·
The
apparel application segment constituted a large share of the global textile
auxiliaries market in 2018, and it is projected to expand even further during
the forecast period. Apparel are extensively used by a large number of
consumers across the globe. Major uses include active wear and personal
clothing such as shirts, t-shirts, tops, trousers, blazers, daily wear,
sportswear, and other garments.
·
Increasing
penetration of fashion brands for casual wear in several countries is driving
the textile industry in these countries. A growing number of consumers are
adopting fashion brands across the globe. This is projected to boost the
apparel segment of the global textile auxiliaries market during the forecast
period.
·
Technical
textile was the most rapidly expanding application segment of the global
textile auxiliaries market in 2018. It is projected to expand at a CAGR of ~5% from
2019 to 2027. The technical textile segment has gained strong momentum over the
last few years, due to the growing need for automotive fabrics, packaging
textiles, and agricultural fabrics in various countries. The rising demand for
technical fabrics of high quality is anticipated to drive the demand for
textile auxiliaries in the near future.
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Asia Pacific - Lucrative Region of Global Textile
Auxiliaries Market
·
The
textile auxiliaries market in Asia Pacific witnessed significant growth in
2018, with the rise in the demand for textile auxiliaries from China and India.
The high consumption of textile auxiliaries in China and India can be
attributed to factors such as increasing production of apparel, denim, personal
wear, and home furnishings in the textile industry in these countries. Asia
Pacific holds a major share of the global textile auxiliaries market. It is
projected to remain the most rapidly expanding regional market in the global
textile auxiliaries market from 2019 to 2027.
·
The
textile auxiliaries market in Asia Pacific, particularly in Vietnam,
Bangladesh, and ASEAN, is likely to witness significant growth during the
forecast period, due to the increasing number of textile-producing companies in
the region.
·
Turkey,
France, and Spain are likely to be key markets for textile auxiliaries in
Europe between 2019 and 2027.
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Global Textile Auxiliaries Market: Competition Landscape
·
In 2019,
Archroma, a Switzerland-based specialty chemical company, launched 'Lurapret
N5396 & N5392 liq,' a water-based ultra-low-VOC polyurethane (PU) polymer
coating technology, in order to help achieve various textile features.
·
On August 14, 2018, Fineotex Chemical Limited, a leading producer of textile chemicals and
auxiliaries in India, acquired A669 at Mahape TTC Industrial Area in Mumbai
(India), to expand its factory premises. This strategy was aimed at increasing
the production and storage capacity of the company for future prospects.
Key manufacturers operating in the global textile
auxiliaries market are:
·
Huntsman
International LLC
·
Solvay
·
Archroma
·
Dow
Chemicals
·
ZSCHIMMER
& SCHWARZ
·
Fibro
Chem, LLC
·
Evonik
Industries AG
·
Fineotex
Group
·
Camex
Ltd.
·
Croda
International Plc.
·
Kemin
Industries
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