MRO Magazine

Research and Markets: Global Textile Chemicals Market Forecast and Opportunities, 2020: Features Players such as 3M Company, Lanxess AG and Solvay S.A.

June 24, 2015
By Business Wire News


Research and Markets ( has announced the addition of the “Global Textile Chemicals Market Forecast and Opportunities, 2020” report to their offering.

According to “Global Textile Chemicals Market Forecast & Opportunities, 2020”, the global market for textile chemicals is anticipated to witness a CAGR of over 3.5% through 2020. Increasing industrialization, surging consumption of textiles in engineered products, and rapidly rising awareness about the benefits of using technical textiles in workplace are expected to boost the global textile industry, and thereby drive the global textile chemicals marketover the next five years. Moreover, rising disposable income and increasing living standards are expected to significantly augment demand for home textile across the globe. In order to address this growing textile demand, production of home textiles is anticipated to increase and consequently, the consumption of textile chemicals in this sector will also elevate. Segment-wise, colorants are projected to witness sluggish growth as compared to the textile auxiliaries on the account of increasing focus on manufacturing technical textiles, where the consumption of colorants is less. Huntsman Corporation, Archroma, Dystar, DOW Chemical, BASF and DuPont are few of the leading global manufacturers of textile chemicals.

Companies Mentioned:

– Archroma


– Bayer MaterialScience AG

– DyStarColours Deutschland GmbH

– Dymatic Chemicals, Inc

– E. I. du Pont de Nemours and Company

– Eastman Chemical Company

– Huntsman International LLC.

– Kiri Industries Ltd.

– Lubrizol Corporation

– OMNOVA Solutions Inc.

– Pulcra Chemicals GmbH

– Saudi Basic Industries Corporation (SABIC)

– Sumitomo Chemical Co., Ltd.

– The DOW Chemical Company

– Zhejiang Longsheng Group Co., Ltd.

– Zhejiang Runtu Co., Ltd.

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Sector: Chemicals