Asia Textile Chemicals Market

Textile Chemicals Market : Asia Industry Analysis and Opportunity Assessment 2014 - 2020

The class of specialty chemicals which involves chemicals and intermediates that are used in various stages of textile processing such as preparation, dyeing, printing and finishing, is termed as textile chemicals. These are often used to enhance or impart desired properties colour to the fabrics during their manufacture. Textile chemicals comprising textile auxiliaries and textile colourants account for nearly 2% of the overall specialty chemicals market.

Asia textile chemicals market is projected to exhibit a CAGR of 7.6% to reach nearly US$ 11,626 Mn by the end of forecast period

Drivers & Trends

Growing concern for ensuring sustainable development is expected to have a major impact on Asia textile chemicals market. There is an ever increasing demand for eco-friendly chemicals which minimize the amounts of water and energy required in various stages of textile processing and are in compliance with regional and international regulations. Moreover, due to fragmented nature of the industry, developing innovative, differentiated product offerings has become need of the hour in order to gain a competitive advantage. Also, growth in demand for functional finishes such as water repellence, anti-bacterial finish, and soil release among others has resulted in a steady growth of textile finishing chemicals that impart these specific finishes to textile and apparels.

Textile Chemicals - Market Taxonomy

Future Market Insights, in its report Asia textile chemicals market analysis and opportunity assessment, 2014?2020, has segmented the market into various key segments considering geography, applications, type of processes and product types as the basis for market segmentation.

Based on geography, the Asia textile chemicals market is analysed for key countries including China, India, Bangladesh, Vietnam, Indonesia and Rest of Asia segments. On the basis of end use applications, the market is segmented into apparels, home furnishings, and others (industrial and technical textiles etc.). Moreover, based on process types, the market is segmented into pre-treatment, dyeing, finishing and others (chemicals involved in printing process etc.) segments. Depending on the type of products, Asia textile chemicals market is segmented into textile auxiliaries segment and textile colourants segment.

Analysis by Product-Type

Asia textile chemicals market has been segmented into two segments depending on the type of product. These product-type based segments are textile auxiliaries and textile colourants. Textile auxiliaries segment comprise those chemicals that are used during various processing stages involved in manufacture of textile and apparels from the fibre, fabric stage. The chemicals that impart colour to textiles and apparels fall under textile colourants segment of Asia textile chemicals market.

The two segments are evenly poised in Asia textile chemicals market with textile auxiliaries segment having a slight edge over textile colourants segment. During the forecast period, the demand for textile auxiliaries is expected to witness a faster growth as compared to that of textile colourants. Moreover, textile auxiliaries segment is expected to retain its majority share in market value terms throughout the forecast period. The forecast CAGRs for these segments are 8.0% and 7.1% respectively.

The textile industry in the Asia has witnessed a steady growth over the years due to emergence of several relatively low cost manufacturing avenues such as Vietnam, Bangladesh, and Indonesia among others. These regions have shown considerable growth in their textile exports to key developed countries especially US and European countries. This growth in textile industry is in turn expected to manifest in growth in demand for textile chemicals. As such Asia textile chemicals market is expected to witness steady growth during the forecast period, 2014?2020.

Growing emphasis on higher quality chemicals that are compliant with prevailing regulations has gained momentum and as such has resulted in an increase in their demand. Moreover, as is mentioned, growth in demand for functional finishes for textiles and apparels has led to an increase in demand for the chemicals imparting these finishes. This in turn is expected to drive the textile auxiliary segment’s growth during the forecast period.

Figure: Asia textile chemicals market size, 2014?2020 (US$ Mn)

This report by Future Market Insights examines the ‘Asia Textile Chemicals Market’ for the period, 2014-2020. The primary objective of the report is to offer updates and invaluable insights on textile chemicals market in Asia. The demand for textile chemicals in Asia is witnessing a considerable growth own account of steady growth of textile industry in the region.

The chemicals and intermediates that are used in various stages of textile processing such as preparation, dyeing, printing and finishing, are termed as Textile chemicals. These chemicals enhance or impart desired properties, colour to the fabric. Textile chemicals are high value chemicals that are used in relatively lower volumes and thus form a part of specialty chemicals. Global textile chemicals market accounts for nearly 2% of the overall specialty chemicals market size.

To understand and assess the opportunities in this market, the report is split under four sections namely: market analysis by material types, applications, process type and regions. The report analyses Asia textile chemicals market in terms of market value (US$ Mn).

The report starts with an overview of the Asia textile chemicals market. In the same section, FMI covers the Asia textile chemicals market performance in terms of revenue. This section also includes FMI’s analyses of key trends, drivers and restraints from supply and demand perspective. Impact analysis of key growth drivers and restraints based on the weighted average model included in the report better equips and arms client with crystal clear decision making insights.

The subsequent section analyses the market for Asia textile chemicals by product types and presents a forecast for the period 2014?2020.

The product types covered in the report are:

  • Textile Auxiliaries

  • Textile Colourants

After having covered the product type based segments in the above section, the report, in its next section focuses on segmenting and analyzing the market on the basis of end use applications.

The applications covered in the report include:

  • Apparels

  • Home furnishings

  • Others

The ultimate manufacture of textiles and apparels involves numerous process such as pretreatment, dyeing, finishing, each of which requires a variety of chemicals.

The various processes covered in the report include:

  • Pre-treatment

  • Dyeing

  • Finishing

  • Others

Considering the prominence of textile industry in various regions of the continent, lastly, the market has been analysed by segmenting it on the basis of different regions/countries.

The various regions covered in the report include:

  • China

  • India

  • Bangladesh

  • Indonesia

  • Vietnam

  • Rest of Asia

The data points such as regional split and market split by applications, product type, processes, regions and qualitative inputs from primary respondents have been incorporated to arrive at apt market estimates. The forecast presented here assesses the total revenue of Asia textile chemicals market. When developing the forecast of the market, the starting point is sizing the current market, which forms the basis for the forecast of how the market is anticipated to take shape in the near future. Given the characteristics of market, we triangulated the outcome based on different analysis based on supply side, demand side and dynamics of textile market. However, quantifying the market across aforementioned segments and regions is more a matter of quantifying expectations and identifying opportunities rather than rationalizing them after the forecast has been completed.

In addition, it is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyse the market on the basis of key parameters such as year-on-year (Y-o-Y) growth to understand the predictability of the market and to identify the right opportunities across the Asia textile chemicals market.

As previously highlighted, the market for textile chemicals in Asia is split into various categories based on region, product type, processes and applications. All these segments or categories have been analysed in terms of basis point share (BPS) to understand individual segments relative contribution to growth. This detailed level of information is important for identification of many key trends in Asia textile chemicals market.

Also, another key feature of this report is the analysis of Asia textile chemicals market by regions, material type and applications and its revenue forecast in terms of absolute dollar. This is traditionally overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales perspective in the global Asia textile chemicals market.

Furthermore, to understand key growth segments in terms of growth & performance of Asia textile chemicals market, Future Market Insights has developed a market attractiveness index. The resulting index should help providers identify real market opportunities.

The final section of the Asia textile chemicals market report provides detailed profiles of the key industry players in order to evaluate their long-term and short-term strategies, key offerings and recent developments in the textile chemicals area.

Few of the market players featured in the section include:

  • Huntsman Corporation

  • Archroma

  • DyStar Group



Table Of Content

1. Executive Summary  

2. Research Methodology and Scope     

3. Assumptions & Acronyms used           

4. Textile Chemicals Market Overview   

    4.1. Introduction          

    4.2. Market Segmentation       

5. Asia Textile Chemicals Market Overview         

    5.1. Market Size and Forecast (Value) - 2014 – 2020         

    5.2. Historic and Projected Y-o-Y Growth              

    5.3. Market Dynamics   

         5.3.1. Economic Drivers

         5.3.2. Demand Drivers & Impact Analysis              

         5.3.3. Supply Drivers & Impact Analysis 

         5.3.4. Market Trends & Impact Analysis

    5.4. Asia Textile Chemicals Market, by Product Type       

         5.4.1. Introduction          

                5.4.1.1. Market Size and Forecast ? Value            

                5.4.1.2. Y-o-Y growth Comparison            

                5.4.1.3. Market Proportion and BPS Analysis       

         5.4.2. Asia Textile Chemicals market, by Product Type – Textile Auxiliaries            

                5.4.2.1. Market Size and Forecast – Value            

                5.4.2.2. Y-o-Y Growth Rate Analysis        

                5.4.2.3. Absolute $ Opportunity

         5.4.3. Asia Textile Chemicals market, by Product Type – Textile Colourants          

                5.4.3.1. Market Size and Forecast – Value            

                5.4.3.2. Y-o-Y Growth Rate Analysis        

                5.4.3.3. Absolute $ Opportunity

    5.5. Asia Textile Chemicals market, by End-use Application          

         5.5.1. Asia Textile Chemicals market, by End-use Application – Apparels

                5.5.1.1. Market Size and Forecast – Value            

                5.5.1.2. Y-o-Y Growth Rate Analysis        

                5.5.1.3. Absolute $ Opportunity

         5.5.2. Asia Textile Chemicals market, by End-use Application – Home Furnishings             

                5.5.2.1. Market Size and Forecast – Value            

                5.5.2.2. Y-o-Y Growth Rate Analysis        

                5.5.2.3. Absolute $ Opportunity

         5.5.3. Asia Textile Chemicals market, by End-use Application – Others    

                5.5.3.1. Market Size and Forecast – Value            

                5.5.3.2. Y-o-Y Growth Rate Analysis        

                5.5.3.3. Absolute $ Opportunity

    5.6. Asia Textile Chemicals market, by Region    

         5.6.1. Introduction          

                5.6.1.1. Market Size and Forecast (Value)            

                5.6.1.2. Y-o-Y growth comparison            

                5.6.1.3. Market proportion and BPS Analysis       

         5.6.2. China Textile Chemicals market    

                5.6.2.1. Market Size and Forecast – Value            

                5.6.2.2. Y-o-Y Growth Rate Analysis        

                5.6.2.3. Absolute $ Opportunity

         5.6.3. India Textile Chemicals market     

                5.6.3.1. Market Size and Forecast – Value            

                5.6.3.2. Y-o-Y Growth Rate Analysis        

                5.6.3.3. Absolute $ Opportunity

         5.6.4. Bangladesh Textile Chemicals market        

                5.6.4.1. Market Size and Forecast – Value            

                5.6.4.2. Y-o-Y Growth Rate Analysis        

                5.6.4.3. Absolute $ Opportunity

         5.6.5. Vietnam Textile Chemicals market              

                5.6.5.1. Market Size and Forecast – Value            

                5.6.5.2. Y-o-Y Growth Rate Analysis        

                5.6.5.3. Absolute $ Opportunity

         5.6.6. Indonesia Textile Chemicals market           

                5.6.6.1. Market Size and Forecast – Value            

                5.6.6.2. Y-o-Y Growth Rate Analysis        

6. Asia Textile Chemicals market – Competitive Landscape          

         6.1.1. Huntsman Corporation              

         6.1.2. Archroma Management LLC           

         6.1.3. DyStar Group

List of Tables

1. Asia Textile Chemicals Market Value, by product type (US $ Million)

2. Asia Textile Chemicals Market Value, By  Application, 2014 – 2020 (US$ Mn)

3. Asia Textile Chemicals Market Value, By  Process, 2014–2020 (US$ Mn)

4. Asia Textile Chemicals Market Value, By Region, 2014 – 2020 (US$ Mn)

5. China Textile Chemicals Market, By Application, 2014 - 2020

6. China Textile Chemicals Market, By Product type, 2014 – 2020

7. China Textile Chemicals Market, By Process, 2014 - 2020

8. India Textile Chemicals Market, By Application, 2014 - 2020

9. India Textile Chemicals Market, By Product type, 2014 - 2020

10. India Textile Chemicals Market, By Process, 2014 - 2020

11. Bangladesh Textile Chemicals Market, By Application, 2014 - 2020

12. Bangladesh Textile Chemicals Market Size and Forecast, By Product Type, 2014 – 2020

13. Bangladesh Textile Chemicals Market Size and Forecast, By Process, 2014 - 2020

14. Vietnam Textile Chemicals Market Size and Forecast, By Application, 2014 – 2020

15. Vietnam Textile Chemicals Market Size and Forecast, By Product Type, 2014 - 2020

16. Indonesia Textile Chemicals Market Size and Forecast, By Application, 2014 - 2020

17. Vietnam Textile Chemicals Market Size and Forecast, By Product Type, 2014 - 2020

List of Figures

1. Global Specialty Chemicals Market Share, 2013 (%)

2. Global Specialty Chemicals Market Share, by Region, 2013 (%)

3. Textile Chemicals Market Share In Overall Specialty Chemicals Market, 2014

4. Asia Textile Chemicals Market Value and Y-o-Y growth,  2014 – 2020

5. Asia Textile Chemicals Market Share, By Product Type, Basis points Analysis, 2014 ? 2020

6. Asia Textile Chemicals Market, Y-o-Y Growth By Product Type, 2014 ? 2020

7. Asia Textile Chemicals Market Value forecast, By Product Type, 2014 – 2020  (US$ Mn)

8. Textile Auxiliary Chemicals Market Value and Y-o-Y Growth, 2012 ? 2020

9. Textile Auxiliary Chemicals Market Absolute $ Opportunity, 2012 ? 2020 (US$ Mn)

10. Textile Colourants Market Value and Y-o-Y growth, 2012 ? 2020 (US$ Mn)

11. Textile Colourants Market Absolute $ Opportunity, 2012 ? 2020 (US$ Mn)

12. Asia Textile Chemicals Market Value, By Application, 2014 ? 2020

13. Asia Textile Chemicals Market Y-o-Y growth, By Application, 2014 ? 2020

14. Asia Textile Chemicals Market Share & Basis Points Analysis, By Application, 2014 ? 2020

15. Asia Apparels Textile Chemicals Market Value (US$ Mn) and Y-o-Y growth 2012 ? 2020

16. Asia Apparels Textile Chemicals Market Absolute $ Opportunity, 2012 ? 2020 (US$ Mn)

17. Asia Home Furnishings Textile Chemicals Market Value (US$ Mn) and Y-o-Y growth, 2012 ? 2020

18. Asia Home Furnishings Textile Chemicals Market Absolute $ Opportunity, 2012 ? 2020 (US$ Mn)

19. Asia Other Application Textile Chemicals Market Value (US$ Mn) and Y-o-Y growth, 2012 ? 2020

20. Asia Other Application Textile Chemicals Market Absolute $  Opportunity, 2012 ? 2020 (US$ Mn)

21. Asia Textile Chemicals Market Value (US$ Mn) and CAGR, By Process, 2014 ? 2020

22. Asia Textile Chemicals Market Value (US$ Mn) and Y-o-Y growth, By Process, 2014 ? 2020

23. Asia Textile Chemicals Market Share and Basis Points Share Analysis, By Process, 2014 ? 2020

24. Asia Pre-treatment Textile Chemicals Market Value (US$ Mn) and Y-o-Y Growth, 2012 ? 2020

25. Asia Pre-treatment Textile Chemicals Market Absolute $ Opportunity, 2012 ? 2020 (US$ Mn)

26. Asia Finishing Textile Chemicals Market Value (US$ Mn) and Y-o-Y growth, 2012 ? 2020

27. Figure 27: Asia Finishing Textile Chemicals Market Absolute $ opportunity, 2012 ? 2020 (US$ Mn)

28. Asia Dyeing Textile Chemicals Market Value (US$ Mn) and Y-o-Y Growth, 2012 ? 2020

29. Asia Dyeing Textile Chemicals Market Absolute $ Opportunity, 2012 ? 2020 (US$ Mn)

30. Asia Other processes Textile Chemicals Market Value (US$ Mn) and Y-o-Y growth, 2012 ? 2020

31. Asia Other processes Textile Chemicals Market Absolute $ opportunity, 2012 ? 2020 (US$ Mn)

32. Asia Textile Chemicals Market Value (US$ Mn) and CAGR, By Region, 2014 ? 2020

33. Asia Textile Chemicals Market (US$ Mn) and Y-o-Y growth, By Region, 2014 ? 2020

34. Asia Textile Chemicals Market Share, Basis Points Analysis, By Region, 2014 ? 2020

35. Asia Textile Chemicals Market  Attractiveness Index, By Region, 2014 ? 2020

36. China Textile Chemicals Market Value (US$ Mn) and Y-o-Y growth (%), 2012 ? 2020

37. China Textile Chemicals Market Absolute $ Opportunity, 2012 ? 2020 (US$ Mn)

38. China Textile Chemicals Market Share and Basis Points Analysis, By Application, 2014 ? 2020

39. China Textile Chemicals Market Share and Basis Points Analysis, By Product Type, 2014 ? 2020

40. China Textile Chemicals Market Share and Basis Points Analysis, By Process Type, 2014 ? 2020

41. India Textile Chemicals Market Value and Y-o-Y Growth, By Region, 2012 ? 2020

42. India Textile Chemicals Market Absolute $ Opportunity, By Region, 2012 ? 2020 (US$ Mn)

43. India Textile Chemicals Market Share and Basis Points Analysis, By Application, 2014 ? 2020

44. India Textile Chemicals Market Share and Basis Points Analysis, By Product Type, 2014 ? 2020

45. India Textile Chemicals Market Share and Basis Points Analysis, By Product type, 2014 ? 2020

46. Bangladesh Textile Chemicals Market Value (US$ Mn) and Y-o-Y growth, By Region, 2012 ? 2020

47. Bangladesh Textile Chemicals Market Absolute $ Opportunity, By Region , 2012 ? 2020 (US$ Mn)

48. Bangladesh Textile Chemicals Market Share and Basis Points Analysis, By Application, 2014 – 2020

49. Bangladesh Textile Chemicals Market Share & Basis Points Analysis, By Product Type, 2014 ? 2020

50. Bangladesh Textile Chemicals Market Share and Basis Points Analysis, By Process, 2014 ? 2020

51. Vietnam Textile Chemicals Market Value (US$ Mn) and Y-o-Y growth, By Region, 2012 ? 2020

52. Vietnam Textile Chemicals Market Absolute $ Opportunity, By Region, 2012 ? 2020 (US$ Mn)

53. Vietnam Textile Chemicals Market Share, Basis Points Analysis, By Application, 2014 – 2020

54. Vietnam Textile Chemicals Market Share and Basis Points Analysis, By Product Type, 2014 ? 2020

55. Indonesia Textile Chemicals Market Value (US$ Mn) and Y-o-Y growth, By Region, 2012 ? 2020

56. Indonesia Textile Chemicals Market Absolute $ Opportunity, By Region, 2012 ? 2020 (US$ Mn)

57. Indonesia Textile Chemicals Market Share and Basis Points Analysis, By Application, 2014 ? 2020

58. Indonesia Textile Chemicals Market Share and Basis Points Analysis, By Product Type, 2014 ? 2020

59. Rest of Asia Textile Chemicals Market Value (US$ Mn)  and Y-o-Y growth, By Region, 2012 ? 2020

60. Rest of Asia Textile Chemicals Market Absolute $ Opportunity, By Region, 2012 ? 2020 (US$ Mn)