Textile chemicals show good growth. The global textile chemicals market is growing at three per cent a year.

Textile chemicals are highly specialized chemicals that are used in different processes, including pre-treatment, dyeing, printing, and finishing, in the production of textiles. Chemicals used in the textile industry provide desirable properties to textiles.

The global textile chemicals market is significantly driven by the rise in demand for apparel, growth in home furnishing activities, and lucrative presence of manufacturers of textile chemicals across the globe. The apparel segment dominates the global textile chemicals market. Apparel products include active wear, children and adult personal clothing, casual wear and formal wear, lingerie, undergarments, sportswear, and fashion accessories (scarfs, belts, socks, etc).

Growth in awareness about health, hygiene, and safety is a key factor that is likely to propel the demand for apparel in the near future. Growth of end-use industries is expected to lead to a trickle-down effect in the local manufacturing value chain, thus benefitting national manufacturers.

Home furnishing is a key application of textile chemicals. Advent of e-commerce in home furnishing is likely to propel the home furnishing segment. Rise in expenditure on home furnishing in developing economies such as India, China, and Thailand is expected to drive the textile chemicals market, as textile chemicals are widely used in the manufacture and spinning process of home textiles.