Textile Chemicals Market - Europe Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 - 2027

Published Date : Nov 2020 | No. of Pages : 200 Pages | Category : Chemical and Material

The Europe textile chemicals Market for technical textiles is projected to grow at a CAGR of more than 3.5% between 2019 and 2027.

Growing demand for hometech will drive the textile chemicals market in Europe. Further, rising demand for mobiltech and clothtech chemicals will propel the market during the forecast horizon. However, growing environmental concerns regarding the usage of textile chemicals will restrain the overall market. Some textile chemicals are also known to be carcinogenic. This has led to the emergence of biobased alternatives that will hinder the growth of the market.

Technical textiles are manufactured for technical and functional purposes rather than decorative and esthetic purposes. They are primarily manufactured from synthetic fibers. They are employed in several end-user industries such as automotive, sports equipment, agriculture, and health care.

Textile chemicals enhance and optimize the manufacturing process, thereby providing outstanding properties to final products. Textile chemicals offer various properties for specific functions or a particular desirable appearance.

The Europe textile chemicals market has a huge opportunity to grow with the increasing importance of geotextiles across Europe.

Segmental Trends

  • In 2019, coating and sizing chemicals accounted for a 30% market share and emerged as the largest segment in the market. However, during the forecast horizon, the finishing agents segment is expected to display the fastest growth owing to the growing demand for high-quality fabrics. 
  • The dyeing and finishing industry in Europe has been seeking to manufacture reactive dyes for textiles of high chroma or color purity. Most of the brilliantly colored fabrics on the market are blended. Very few are 100% cotton.
  • Mobiltech registered the highest growth in the market in 2019 and accounted for a 25% market share. The growth of the segment can be attributed to its extensive demand from industries such as railway, automotive, spacecraft, ship, and aircraft.
  • The agrotech segment to be the most rapidly developing application segment by 2027 owing to the extensive usage of agrotech chemicals in horticulture, forestry, landscape gardening, floriculture, and agriculture. Rapid increase in the number of organic farms in Europe will further fuel the demand for agrotech chemicals.
  • Under the current world conjuncture, the textile sector in turkey has been aiming to produce and sell high value added, original and high quality products at competitive prices. Turkey has been successful in the production of technical textiles over the last few years due to its well-developed textile industry and significant investments for raw materials. Istanbul, Bursa, Gaziantep, Kocaeli, and Tekirda are the major cities in terms of production of technical textiles.

Regional Highlights

  • Germany, Italy, Spain, and France were the key consumers of textile chemicals for technical textiles in Europe in 2018. Demand for textile chemicals is rising owing to flourishing packaging and automotive industry.
  • Russia & CIS is anticipated to grow at a significant rate during the forecast period. The Russian Ministry of Industry and Trade is focusing on supporting the country’s technical textiles and nonwovens industries. The Government of Russia aims to increase the share of domestically made technical textiles up to 80% of the local market by 2027. Of late, the country has been utilizing its large reserves of oil and other resources, including timber and other raw materials, for the production of synthetics.
  • In UK, dye & dyestuff dominated the Europe textile chemicals for technical textiles market in 2018. Dyeing is the process of adding color to textile products such as fibers, yarns, and fabrics. Dyeing is usually done in a special solution containing dyes and a particular chemical material. After dyeing, dye molecules have uncut chemical bond with fiber molecules.

Key Developments

  • In July 07, 2019, CHT Group launches fluorescent pigments BEZAFLUOR FF for textile printing with the sub-brand Bezema Color Solutions
  • In January 2018, Lubrizol introduced two breathable microbe-resistant grade thermoplastic polyurethane resins for hot melt adhesives. Pearlbond 360 TPU and Pearlbond 960 TPU products can be applied in technical textiles, apparel, footwear, conveyor belts, and other applications
  • In January 2018, Archroma introduced the Smartpeel Hydro AM product range. It is a non-PFC based water repellent agent that can be used for cotton and synthetic fibers
  • On February 2018, DyStar company, along with its partner, RotaSpray, developed indigo spry dyeing process to reduce the environmental impact of the production of denim
  • On October 2017, Huntsman Corporation introduced Teratop XKS HL disperse inks. The product can be used in automotive, outdoor furnishing, and home textile industries.
  • In July 2017, the Lubrizol Corporation upgraded its textile coatings center of excellence facility in North Carolina, U.S.. The center is expected to invest in research & development for textile and non-woven substrate coatings.
  • On May 2017, Covestro AG, along with PUMA, launched evoPOWER Vigor 1 football footwear. Covestro developed polyurethane coating material for providing special design to the footwear.

Competition Landscape

  • Some of the key players in the Europe textile chemicals market such as OMNOVA Solutions Inc., Archroma LLC, Solvay S.A., Huntsman Corporation, The DysStar Group, The Dow Chemical Company, The Lubrizol Corporation, Kiri Industries Ltd., Bayer Material Science AG, and Zhejiang Longsheng Group Co. Ltd. The key players are mainly active in developing new textile chemicals.

Market Segmentation

By Product

Coating & Sizing Chemicals
Colorants & Auxilliaries
Finishing Agents
Surfactants
Desizing Agents
Bleaching Agents
Yarn Lubricants

By Application

Mobiltech
Indutech
Sportech
Buildtech
Hometech
Clothtech
Meditech
Agrotech
Protech
Others

VRR’s recent publication on the Europe textile chemicals Market for technical textile provides audiences with an overall market outlook, with the help of comprehensive assessment of the Europe market scenario. VRR’s study on the Europe textile chemicals market for technical textile analyzes the market with respect to the historical and current market scenario and offers forecast for the period from 2019 to 2027.

Report readers are able to make important decisions pertaining to their business with a wealth of information and exclusive insights on the Europe textile chemicals market for technical textile enclosed in the study. The report on the Europe textile chemicals market for technical textile also provides in-depth understanding of key market trends and advancement made by companies. This TMR report is divided into different sections to allow readers to gain individual understanding of the Europe textile chemicals market for technical textile.

Key Queries Addressed in Report

  • How much volume sales is expected to be generated in the Europe textile chemicals market for technical textile by the products during the forecast period?
  • What are key growth indicators and market dynamics that are expected to drive the Europe textile chemicals market for technical textile in the next five years?
  • Which regions are estimated to provide lucrative opportunities to the Europe textile chemicals market for technical textile during the forecast period?
  • What are the essential strategies adopted by key players operating in the Europe textile chemicals market for technical textile in order to expand their geographical presence?

The first section of the report on the Europe textile chemicals market for technical textile begins with a premise that includes report scope, market segmentation, and research highlights. This is followed by the executive summary that highlights aspects of the Europe textile chemicals market for technical textile covered in the study. This section provides brief understanding of market elements and enables readers to understand the aspects covered in the study. The report also includes market dynamics on textile chemicals for technical textile that offer understanding of market drivers, restraints, and opportunities.

The next section includes segmentation analysis of the Europe textile chemicals market for technical textile. This evaluation includes segmentation of the Europe textile chemicals market for technical textile based on end-use and region. Furthermore, analysis of key segments, year-on-year growth projection, and basis point share analysis are included in the report. These help readers identify promising areas for growth of the market.

The study on the Europe textile chemicals market for technical textile offers assessment of the geographical landscape of the market. The regional study helps market competitors make important decisions pertaining to their business. Individualized, region-wise, and segment-wise analysis helps readers decipher the growth potential for the market across various geographies. Supported by year-on-year growth projection and Europe market value and volume share, this section is a vital part of the textile chemicals for technical textile report.

The study on the Europe textile chemicals market for technical textile offers a holistic competitive value judgment, with details of leading as well as emerging market players. The dashboard view of competitors operating in the Europe textile chemicals market for technical textile allows readers to understand business strategies of these players along with their performance.

Research Methodology

The report on the Europe textile chemicals market for technical textile is based on detailed estimation of the market, with the inclusion of comprehensive primary and secondary research inputs. Detailed investigation of the Europe textile chemicals market for technical textile, in terms of competition scenario, is supported by individual-level examination of different avenues related to the market. Furthermore, for secondary research, analysts scrutinized numerous annual report publications, white papers, market association publications, and company websites to obtain the required understanding of the Europe textile chemicals market for technical textile. This helps analysts derive crucial predictions and forecast of the Europe textile chemicals market for technical textile. Readers can access the study of the Europe textile chemicals market for technical textile to gain projected market analysis for the period from 2020 to 2027.


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