Europe Textile Chemicals Market

The textile chemicals market for technical textiles is likely to grow in Europe in future because of a number of government initiatives and a rise in research and development programs which puts emphasis on soil protection and environmental conservation. An increasing importance for geotextiles in Europe is expected to provide many opportunities for the textile chemicals market for technical textiles in future. Textile chemicals helps to enhance and optimize the production process and provides excellent properties to the finished product.

A rising demand for the textile chemicals market for technical textiles is helping textile application segments like Agrotech, Meditech and Hometech grow faster. Countries such as Spain, Italy and, France were the important textile chemicals consumers for technical textiles in 2018. The demand is picking up because of the thriving packaging and automotive industry in these countries Russia and Commonwealth of Independent States is expected to grow at a substantial rate during the forecast period.

The Russian Ministry of Industry and Trade is focused on assisting the nation’s technical textile and nonwoven industries. An objective for the Russian government is to rise the share of domestically produced technical textiles up to 80% of the local market by the year 2027. In recent times, the country has been using their large oil reserves for synthetics production.

In the United Kingdom, dye and dye products dominated the Europe textile chemicals market for technical textiles in 2018. In the dyeing process, color is added to the textile products like fibers, fabrics and yarns. The process is done in a special solution that contains dyes and a specific chemical material. Once the process is completed, the dye particles have uncut chemical bond with the fiber particles.

At the competitive front, a large percentage of manufacturers in the textile chemicals market for technical textiles have integrated work operations to rise their profit margins as well as secure their market shares. The growth and development of the textile chemicals market for technical textiles however, could be hampered because of environmental regulations and the emergence of efficient bio-based alternatives.

Europe Textile Chemicals Market for Technical Textiles: Key Highlights

• The Europe demand for textile chemicals for technical textile stood nearly US$ 647.9 Mn in 2018 and is projected to reach over US$ 857.7 Mn by 2027. 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.
• 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.
• Rising significance of geotextiles in Europe is estimated to offer immense opportunities to the textile chemicals market for technical textiles in the coming 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. 

Europe Textile Chemicals Market for Technical Textiles: Segmental Insights

• Coating & sizing chemicals was the largest product segment of the Europe textile chemicals market for technical textiles, accounting for more than 30% share in 2018. A major share of demand for technical textiles originates from numerous end-user industries such as automotive, environmental protection, sports equipment and sportswear, construction, packaging, healthcare, and agriculture
• Finishing agents is anticipated to be the fastest growing product segment of the Europe textile chemicals market for technical textiles in the coming 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 during the forecast period.
• Mobiltech application segment dominated the Europe textile chemicals market for technical textiles in 2018 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. 

Europe Textile Chemicals Market for Technical Textiles: Regional Insights

• 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.

Europe Textile Chemicals: Competition Landscape

• 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.
  • Bayer MaterialScience AG.
• Majority of the textile chemicals manufacturers have integrated operations in order to increase their profit margins and secure their market shares. However, increase in environmental regulations regarding textile chemicals and considerable development of eco-friendly textile chemicals are expected to affect the overall dynamics of the textile chemicals market, resulting in reduced domination of top companies.
• 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.

Europe Textile chemicals for technical textile Market: Segmentation