Textile chemicals are chemical compounds used in the processing and manufacturing of textiles. 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. For instance, greenhouse fabrics reflect sunrays. The textile chemicals market for technical textiles has been bifurcated in terms of product segments into coating & sizing chemicals, colorants & auxiliaries, finishing agents, surfactants, desizing agents, bleaching agents and yarn lubricants. Mobiltech was the major application segment of the Europe textile chemicals market for technical textiles at the end of 2013. The segment is expected to continue its dominance over the next six years.
Coating & sizing chemicals was the largest product segment of the Europe textile chemicals market for technical textiles, accounting for more than 30% share in 2013. Finishing agents is anticipated to be the fastest growing product segment of the Europe textile chemicals market for technical textiles in the next six years. Continual growth in demand for high-quality finished fabrics coupled with significant requirement of texture exquisite fabrics is estimated to drive the textile chemicals market for technical textiles in the next six years. Besides extrinsic properties, considerable increase in requirement for specific final product properties such as improved texture, stiffness of fabric, etc. is likely to boost demand for finishing agents in the textile chemicals market for technical textiles in the next few years.
Mobiltech application segment dominated the Europe textile chemicals market for technical textiles in 2013 and accounted for over 25% of the market share in the same year. Mobiltech textiles are employed in numerous end-user applications pertaining to the transportation industry. Increasing demand for these textiles in various end-user industries such as automobile, railway, ship, aircraft and spacecraft is expected to drive the market for technical textiles in Europe. Agrotech was the fastest growing application segment in the textile chemicals for technical textiles market in Europe. Significant rise in the number of organic farms is likely to affect the growth dynamics of technical textiles in Europe. This, in turn, is anticipated to propel demand for agrotech textiles in the region. Agrotech textiles offer a broad spectrum of properties, and have high potential for usage in floriculture, agriculture, horticulture, forestry and landscape gardening applications.
Increasing demand for textile chemicals in rapidly growing technical textile application segments such as Agrotech, Meditech and Hometech is estimated to propel the Europe textile chemicals market for technical textiles in the next few years. Rising significance of geotextiles in Europe is estimated to offer immense opportunities to the textile chemicals market for technical textiles in the next six years. Various government initiatives and increase in research and development activities that focus on soil protection and environmental conservation are likely to boost the textile chemicals market for technical textiles in Europe in the near future. However, several environmental regulations on textile chemicals and emergence of equivalently effective bio-based alternatives for textile chemicals are expected to hamper market growth during the forecast period.
Major manufacturers of textile chemicals include The DyStar Group, The Lubrizol Corporation, The Dow Chemical Company, Huntsman Corporation, Kiri Industries Limited, Zhejiang Longsheng Group Co., Ltd. (Lonsen), BASF SE, ARCHROMA MANAGEMENT LLC, Solvay S.A., and Bayer MaterialScience AG.
The report analyzes and forecasts the textile chemicals market for technical textiles in Europe. The market has been forecast based on volume (kilo tons) and revenue (US$ Mn) from 2014 to 2020. The study includes drivers and restraints of the Europe textile chemicals market for technical textiles. It also covers the impact of these drivers and restraints on demand for textile chemicals for technical textiles during the forecast period. The report comprises the study of opportunities in the textile chemicals market for technical textiles in Europe.
The report includes a detailed value chain analysis, which provides a comprehensive view of the Europe textile chemicals market for technical textiles. Analysis of Porter’s Five Forces model for the textile chemicals market for technical textiles has also been covered to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, wherein applications are benchmarked based on their market size, growth rate and general attractiveness.
The study provides a decisive view of the Europe textile chemicals market for technical textiles by segmenting it in terms of products and applications. Both the segments have been analyzed based on present and future trends.
The study includes profiles of major companies operating in the textile chemicals market for technical textiles in Europe. Key players profiled in the report include The DyStar Group, The Lubrizol Corporation, The Dow Chemical Company, Huntsman Corporation, Kiri Industries Limited, Zhejiang Longsheng Group Co., Ltd. (Lonsen), BASF SE, Archroma Management LLC, Solvay S.A., and Bayer MaterialScience AG. Market players are profiled in terms of attributes such as company overview, financial overview, business strategies and recent developments.
The report provides the market size of textile chemicals for technical textiles for 2013, and forecast for the next six years. The size of the textile chemicals market for technical textiles in Europe has been provided in terms of volume as well as revenue. Market volume is defined in kilo tons, while market revenue is in US$ Mn. Market numbers are estimated based on various key application segments of textile chemicals for technical textiles. Market size and forecast for each major application is provided in terms of Europe market.
In order to compile the research report, we conducted in-depth interviews and discussions with a wide range of key industry participants and opinion leaders. Primary research represents the bulk of research efforts, supplemented by an extensive secondary research. We reviewed key players’ product literature, annual reports, press releases and relevant documents for competitive analysis and market understanding. Secondary research also includes a search of recent trade, technical writing, internet sources and statistical data from government websites, trade associations and agencies. This has proven to be the most reliable, effective and successful approach for obtaining precise market data, capturing industry participants’ insights and recognizing business opportunities.
Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations, SEC filings, Plastemart magazine, TPE magazine, internal and external proprietary databases, and relevant patent and regulatory databases such as ICIS, Hoovers, Onesource, Factiva and Bloomberg, national government documents, statistical databases, trade journals, market reports, news articles, press releases and webcasts specific to companies operating in the market.
Primary research involves e-mail interactions, telephonic interviews and face-to-face interviews for each market, category, segment and sub-segment across geographies. We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate the data and analysis. Primary interviews provide firsthand information on market size, market trends, growth trends, competitive landscape and outlook, etc. Furthermore, these help validate and strengthen the secondary research findings. These also help develop the analysis team’s expertise and market understanding.
The report segments the textile chemicals market for technical textiles in Europe into:
Textile Chemicals Market for Technical Textiles - Europe Product Segment Analysis
- Coating & Sizing Chemicals
- Colorants & Auxiliaries
- Finishing Agents
- Desizing Agents
- Bleaching Agents
- Yarn Lubricants
Textile Chemicals Market for Technical Textiles - Europe Application Analysis
- Other Applications (Including Geotech and Oekotech)