Global Textile Chemicals Market Research Report 2020 (Includes Business Impact of COVID-19)

                                          
"The ongoing Coronavirus (COVID-19) pandemic is re-shaping everything from global economies to product categories, pricing, and stock availability to the consumer behavior. The final report is updated to address the impact of COVID-19 on the Textile Chemicals market.

Trusted Business Insights is tracking mining/oil and gas, transportation, employment services, travel arrangements, and the leisure and hospitality sector closely as they are likely to be the hardest-hit sectors. Utilities, local pharma, diagnostics, consumer goods and durables, agro chem and fertilizers, and telecommunications are the sectors that will be weathering the COVID-19 storm and most likely come out relatively unscathed. Interdependencies of sectors are factored in our research report on the Textile Chemicals market."
Textile Chemicals includes Apparel Textile, Home Textile, and Technical Textile, which are applied in the industry of automotive, healthcare, agriculture, and packaging.

The global production of textile chemicals increased from 4.2 million tons in 2015 to 5 million tons in 2019, at a CAGR of 4.5%. In 2019, the global textile chemicals market is led by China. Europe is the second-largest region-wise market. The global Textile Chemicals market is valued at USD 9.4 billion in 2018 and is expected to reach USD 12.2 billion by the end of 2026, growing at a CAGR of 3.8% between 2019 and 2026.

Under the background of a slower economic growth rate, companies face higher risks of profit decline. Currently, textile chemicals market has a certain potential in India and China. These areas demand are relatively stable. Overall economic performance will continue to be the best indicator of future demand for textile chemicals. Demand in most downstream markets is greatly influenced by general economic conditions. China continues to be one of the fastest-growing markets for textiles and chemicals in the world, the pace of growth is slowing. China became a leader in world apparel and home textile (towel and sheets) production because of its low-cost labor compared with other countries. However, rising labor costs are becoming a concern. In addition to escalating production costs, government regulations are impacting the volumes and types of chemicals that can be used in Chinas textile industry.

This report focuses on Textile Chemicals volume and value at global level, regional level and company level. From a global perspective, this report represents overall Textile Chemicals market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered: Textile Chemicals Market
Archroma
Huntsman
Tanatex
Dowdupont
Evonik Industries
Dystar
Wacker Chemie
Rudolf
Bozzetto
Akzonobel
Chemours
Ethox Chemicals
Resil Chemicals
Indofil
Sarex
Kemin Industries
Fineotex Chemical
CHT
Omnova Solutions
Covestro
Zhejiang Longsheng Group
Croda Industrial Chemicals
Kiri Industries
Seydel

Segment by Regions
North America
Europe
China
Japan

Segment by Type
Apparel Textile
Home Textile
Technical Textile

Segment by Application
Automotive
Healthcare
Agriculture
Packaging