GITNUX MARKETDATA REPORT 2024

Textile Chemicals Industry Statistics

The Textile Chemicals Industry is projected to experience steady growth in the coming years due to increasing demand for textiles in various sectors and regions.

With sources from: technavio.com, grandviewresearch.com, crystalmarketresearch.com, financexpress.com and many more

Statistic 1

The global textile chemicals market size was estimated at USD 21.2 billion in 2019.

Statistic 2

The textile chemicals market is expected to grow with a CAGR of 3.5% over the forecast period from 2020 to 2027.

Statistic 3

The textile chemicals market in Asia Pacific was worth USD 9.7 billion in 2019.

Statistic 4

More than 50% of global demand for textile chemicals originates from Asia.

Statistic 5

The textile chemicals industry is expected to reach the value of $33.1 billion by 2027.

Statistic 6

The home furnishing segment accounted for the largest market share in terms of textile chemical consumption in 2019.

Statistic 7

The utilization of textile chemicals in the apparel sector is projected to grow at a CAGR of 4% till 2027.

Statistic 8

Europe textile chemicals industry, driven by Germany, UK, France, and Russia, witnessed a consumption of over USD 2.5 billion in 2015.

Statistic 9

Latin America textile chemicals market demand led by Brazil, Argentina and Mexico exceeded USD 1.3 billion in 2019.

Statistic 10

The textile chemical industry is projected to exhibit an annual growth rate of over 4.5% from 2016 to 2024.

Statistic 11

The global textile chemicals market is predicted to witness substantial growth over the next decade, estimated to reach over $30 billion USD by 2025.

Statistic 12

The coating & sizing chemicals sector held over 30% share in global textile chemicals market share in 2019.

Statistic 13

In 2018, India held about 18% of the Asia Pacific textile chemicals market.

Statistic 14

The global textile chemicals market for synthetic fibers was worth over USD 4 billion in 2019.

Statistic 15

The dyestuff for textile fibers market size is expected to grow by USD 4.45 billion from 2021 to 2025, at a compound annual growth rate (CAGR) of over 5%.

Statistic 16

Approximately 40% of print paste is utilized in the textile industry.

Statistic 17

The textile industry's share in using finishing agents, dye carriers to accelerate the dyeing or fixing of dyestuffs and other such products for the textile sector was valued at $2.8 billion in 2020.

Statistic 18

The apparels segment application of textile chemicals is projected to grow at a CAGR of 4.5% during the forecast period from 2020 to 2025.

Statistic 19

The market for textile chemicals in China was valued at USD 6.17 billion in 2017.

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In this post, we will explore key statistics and insights into the dynamic landscape of the textile chemicals industry. From market size projections and regional trends to application segments and growth forecasts, these statistics paint a comprehensive picture of the evolving market dynamics shaping the global textile chemicals sector.

Statistic 1

"The global textile chemicals market size was estimated at USD 21.2 billion in 2019."

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Statistic 2

"The textile chemicals market is expected to grow with a CAGR of 3.5% over the forecast period from 2020 to 2027."

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Statistic 3

"The textile chemicals market in Asia Pacific was worth USD 9.7 billion in 2019."

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Statistic 4

"More than 50% of global demand for textile chemicals originates from Asia."

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Statistic 5

"The textile chemicals industry is expected to reach the value of $33.1 billion by 2027."

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Statistic 6

"The home furnishing segment accounted for the largest market share in terms of textile chemical consumption in 2019."

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Statistic 7

"The utilization of textile chemicals in the apparel sector is projected to grow at a CAGR of 4% till 2027."

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Statistic 8

"Europe textile chemicals industry, driven by Germany, UK, France, and Russia, witnessed a consumption of over USD 2.5 billion in 2015."

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Statistic 9

"Latin America textile chemicals market demand led by Brazil, Argentina and Mexico exceeded USD 1.3 billion in 2019."

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Statistic 10

"The textile chemical industry is projected to exhibit an annual growth rate of over 4.5% from 2016 to 2024."

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Statistic 11

"The global textile chemicals market is predicted to witness substantial growth over the next decade, estimated to reach over $30 billion USD by 2025."

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Statistic 12

"The coating & sizing chemicals sector held over 30% share in global textile chemicals market share in 2019."

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Statistic 13

"In 2018, India held about 18% of the Asia Pacific textile chemicals market."

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Statistic 14

"The global textile chemicals market for synthetic fibers was worth over USD 4 billion in 2019."

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Statistic 15

"The dyestuff for textile fibers market size is expected to grow by USD 4.45 billion from 2021 to 2025, at a compound annual growth rate (CAGR) of over 5%."

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Statistic 16

"Approximately 40% of print paste is utilized in the textile industry."

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Statistic 17

"The textile industry's share in using finishing agents, dye carriers to accelerate the dyeing or fixing of dyestuffs and other such products for the textile sector was valued at $2.8 billion in 2020."

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Statistic 18

"The apparels segment application of textile chemicals is projected to grow at a CAGR of 4.5% during the forecast period from 2020 to 2025."

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Statistic 19

"The market for textile chemicals in China was valued at USD 6.17 billion in 2017."

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Interpretation

The statistics presented underscore the significant growth and market potential within the textile chemicals industry. With the global market size estimated at USD 21.2 billion in 2019 and expected to grow further, particularly driven by Asia Pacific. Key segments like home furnishings and apparels are projected to witness substantial growth, emphasizing the diverse applications of textile chemicals. The industry's continual innovation and increasing demand for synthetic fibers and dyestuffs highlight a dynamic landscape with promising opportunities for market players.

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