Textile Chemicals Market Share to Witness Significant Revenue Growth

Textile Chemicals Market Summary

The global textile chemicals market size was estimated at USD 27,293.7 million in 2024 and is projected to reach USD 40,429.0 million by 2033, growing at a CAGR of 4.4% from 2025 to 2033. The demand for textile chemicals is increasing rapidly due to the expanding clothing and apparel industry, which is being fueled by the growing global population, urbanization, and rising disposable incomes. As consumer preferences shift toward fashion diversity and comfort, the need for specialty textile chemicals that improve texture, color, and durability is also rising.

The growth of the textile chemicals industry is further propelled by technological advancements in textile manufacturing, such as digital printing, nanotechnology, and smart textiles. These modern technologies require high-performance chemical solutions that enhance fabric strength, stain resistance, and functional properties like water repellency and UV protection. Key textile-producing nations, including China, India, and Bangladesh, are expanding their production capacities through government support and cost advantages. For instance, in 2024, the Government of India allocated over INR 1,000 crore to develop the textile sector, of which INR 600 crore was directed to the Cotton Corporation of India. Such initiatives demonstrate the strong commitment of governments to reinforce their textile industries and boost global competitiveness.

However, the industry faces challenges due to stringent environmental regulations and sustainability mandates. These standards restrict the use of hazardous substances and increase compliance costs for manufacturers. The UN Environment Programme highlights that the textile sector is one of the most resource-intensive and pollution-generating industries, prompting the need for eco-friendly production methods and biodegradable chemical alternatives. As a result, several companies are investing in green chemistry innovations to minimize environmental impact while maintaining product quality and performance.

Key Market Trends & Insights

• Asia Pacific dominated the textile chemicals market, accounting for a 57.6% revenue share in 2024.
• The China textile chemicals industry led the APAC region with a 66.6% revenue share in 2024, supported by its large-scale textile production and export capacity.
• By process, the coating process dominated the market with a 71.4% revenue share in 2024, owing to its essential role in improving fabric properties such as waterproofing, durability, and appearance.
• By product, the finishing agents segment is expected to record the fastest CAGR of 4.9% from 2025 to 2033, driven by growing demand for high-quality finishes that enhance the overall look and feel of fabrics.

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Market Size & Forecast

• 2024 Market Size: USD 27,293.7 Million
• 2033 Projected Market Size: USD 40,429.0 Million
• CAGR (2025-2033): 4.4%
• Asia Pacific: Largest market in 2024

Key Companies & Market Share Insights

Some of the key players operating in the global textile chemicals market include Kiri Industries Ltd., AB Enzymes, Dow, BASF SE, The Lubrizol Corporation, Kemira Oyj, and Evonik Industries AG, among others.

• AB Enzymes is a biotechnology company specializing in the development and production of enzyme preparations for diverse applications, including baking, fruit juice processing, grain processing, animal feed, paper, textiles, and laundry.
• Evonik Industries AG is a global specialty chemicals manufacturer with four business segments: Specialty Additives, Nutrition & Care, Smart Materials, and Performance Materials. Through its Performance Materials segment, Evonik supplies performance intermediates such as large-volume additives, along with functional solutions including polymer additives, potassium derivatives, cyanuric chloride, alkyl chlorides, and alkoxides.
• BASF SE operates across six business segments: chemicals, industrial solutions, materials, surface technologies, nutrition & care, and agricultural solutions. Within its chemical segment, BASF offers intermediates, monomers, petrochemicals, and catalysts. The company also provides non-halogenated flame-retardants for various industries, including textiles.

Key Players

• AB Enzymes
• Archroma
• BASF SE
• BioTex Malaysia
• Dow
• Ethox Chemicals, LLC
• Evonik Industries AG.
• Fibro Chem, LLC
• German Chemicals Ltd.
• Govi N.V.
• Huntsman International LLC
• Kemira Oyj
• Kiri Industries Ltd.
• LANXESS
• OMNOVA Solutions Inc.
• Omya United Chemicals
• Organic Dyes and Pigments
• Resil Chemicals Pvt. Ltd.
• Solvay S.A
• The Lubrizol Corporation

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Conclusion

In conclusion, the textile chemicals market is poised for steady growth over the coming years, supported by technological innovation, strong government backing, and rising global demand for advanced textiles. The shift toward sustainable production and eco-friendly materials is reshaping the industry’s future, encouraging the adoption of greener alternatives and cleaner manufacturing practices. While regulatory pressures may pose challenges, the development of bio-based and low-impact chemicals offers new opportunities for growth. As emerging economies continue to invest in textile infrastructure, the global market is expected to witness significant expansion and diversification through 2033.