Market Overview: India Textile Chemicals Market FY23-28

This reports provides an essential and dependable overview of the India Textile Chemicals Market, serving as a guide for stakeholders navigating the industry’s future trajectory. It covers critical aspects, guiding through challenges and opportunities, shedding light on the market landscape, key insights, driving forces, major competitors, regulatory framework, potential growth, ongoing trends, supply chain dynamics, evolving policies, segments and prominent players.

India Textile Chemicals Market Report Coverage Details:

• Base Year: 2022
• Historical Data: 2018 -2021
• Forecast Period: 2023 -2028
• CAGR: 11% (2023-2028)

The India Textile Chemicals Market is projected to grow at a CAGR of around 11% during the forecast period, i.e., 2023-28.

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India Textile Chemicals Market Opportunity:

Growth Opportunity: Growing Affinity for Innovative and Environmentally Sustainable Dyes or Chemicals

 The stringent laws enforced by the government and rigorous efforts of the NGOs have compelled the industry players to turn to sustainably produced and hazardous chemical-free textiles. It is for this purpose that restricted substance lists (RSLs) are created indicating prohibited chemicals and their limit values. Another factor emphasizing the adoption of low VOC and biodegradable materials for textile manufacturing is the shift in consumers’ buying behavior towards eco-friendly clothing and garments. Thus, low-VOC products are emerging as an opportunistic area for several clothing manufacturers in the coming years.

India Textile Chemicals Market Segmentation Analysis – FY23-28

Discover a comprehensive evaluation of every segment and its subdivisions, allowing our clients to gain a deep understanding of the India Textile Chemicals Market (2023-28). We prioritize uncovering the pivotal factors that presently drive and will shape the industry’s growth moving forward. Our goal is to empower our esteemed clients by optimizing their end-user positioning and revenue generation through a thorough analysis of market size, share and all the latest market scope across diverse segmentation categories.

The India Textile Chemicals Market segmentation is enlisted below:

By Type

• Coating & Sizing Agents
• Colorants & Auxiliaries
• Finishing Agents
• Surfactants
• Desizing Agents
• Others

By Application

• Apparel
• Home Textile
• Technical Textile

In the historical period, the Home Textile segment captured a significant share of the textile chemicals market in India. 

By Fiber

• Natural Fiber
• Synthetic Fiber

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By Region

• North
• South
• East
• West
• Central

India Textile Chemicals Market Competitive Landscape

Archroma India Pvt. Ltd., Croda, Huntsman International, Rossari Biotech Ltd., CHT India Pvt. Ltd., Kiri Industries, Bodal Chemicals, Indofil Industries, Fibro Organic, Jaysynth Dyestuff, Others.

India Textile Chemicals Industry News:

• In August 2022, Archroma, a global leader in sustainable specialty chemicals and solutions, announced its acquisition plan to acquire the Textile Effects business from Huntsman Corporation.
• The Technology Upgradation Fund Scheme[TUFS] and the Scheme for Integrated Textile Parks (SITP) both involve sizable expenditures. The government included approximately US$ 97 million for the Amended Technology Upgradation Fund Scheme (ATUFS), in the Union Budget 2019–20.

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Key Report Highlights   

• Market Dimensions & Projections
• Pricing Evaluation,
• Recent Strategic Moves by Companies,
• Primary Stakeholders,
• Analysis of Import and Export Trends,
• Competitive Landscape Assessment,
• Emerging Opportunities,
• Market Trends and Indicators

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