Latest 2021 Developments

Europe Textile Chemical Market has seen latest innovations which include the introduction of technical textile, which is a special kind of material or fabric designed for specific purposes. They offer unique and exclusive characteristics which are far different from those of regular fabric. These textiles combine advanced technology and improved properties such as mechanical resistance, elasticity, reinforcement, anti-dust, tenacity, insulation, thermal & fire resistance, and resistance to UV and IR. Technical textiles are generally used for non-aesthetic applications in automobile, medical & personal hygiene, sports & leisure, pollution control & filtration, agriculture, industrial, packaging, and clothing. The governments across the region have incorporate stringent regulations regarding the use of harmful chemicals such as VOCs, chlorine bleach, and formaldehyde in the textile industry. This is majorly attributable to the health issues caused due to the exposure of workers to these chemicals as some of them are toxic. Hence, the manufacturers are facing stringent regulations pertaining to the usage of textile chemicals in the textile industry, which is reducing the market size. However, the textile industries are incorporating advanced safety techniques in order to reduce incidents or accidents due to textile chemicals.      

Mergers and Acquisitions:

• On April 20, 2020, Synthomer announced that it had completed the acquisition of OMNOVA Solutions Inc.
• On October 2, 2020, Royal DSM announced the completion of its acquisition of Erber Group
• On April 1, 2021, Covestro successfully completed the acquisition of the Resins & Functional Materials business from the Dutch company Royal DSM.

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Previous Release:

Europe textile chemical market is on the rise due to increasing demand for the apparel industry, home furnishing markets, and technological advancements. The European textile sectors account for 29% of the world’s textile exports. The presence of efficient distribution channels and standardization of chemicals and textile machinery has offered a robust environment for the textile chemical suppliers in the region. However, the European Union has implemented integrated Pollution Prevention and Control Directive in order to restrict the usage of harmful chemicals, which would impact on the overall growth of the textile chemicals market in this region.

According to 6Wresearch, Europe Textile Chemical Market size is expected to register substantial growth during 2019-2025. As per the structural data, the European Union had more than 220 companies in the diverse sectors of the textile industry.  The advanced technology used for the manufacture of textiles in the EU is a major factor responsible for attracting investors in the region which would result in a further surge in demand for textile chemicals in Europe.

Based on applications, the textile chemical market is segmented into apparel, home furnishing, automotive textile, and industrial textile. Apparel is projected to be the largest application segment during the forecast period. Increasing disposable income and growing population has led to a boost in the consumption of apparel, especially sportswear and casualwear. This, in turn, has increased the demand for textile chemicals in the apparel segment.

Europe textile chemical market report thoroughly covers the market by fibers, product types, applications, and countries including Germany, France, Italy, the United Kingdom, and the Rest of Europe. The European textile chemical market outlook provides an unbiased and detailed analysis of the market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their strategies according to the future and current market dynamics.

Europe Textile Chemicals Industry Overview:

The textile chemical having a different compound and which going to use in textile processing and in manufacturing the textile chemicals it's going to improve and manufacturing the method, they use to deliver the final products with exceptional new characteristics. There are specific features and they have a particular desirable appearance, and new technology of the textile chemicals they give different aspects. For the greenhouse, fabrics represent the sun's rays. According to the report in the terms of sections, the textile of the chemical industry used the technical textiles which going to divided into the painting and dyes & auxiliaries, resizing agents, yarn lubricants, cleaning agents, and surfactants.

The Europe textile chemical market is anticipated to register growth in the coming years on the back of increasing discretionary spending in the developed economies across the region which is instigating the purchase of apparel and further, multiplying the growth of the textile industry. On the basis of product, finishing chemicals that impart high physical benefits and add resistance to the cloth is anticipated to witness faster gain in the Europe textile chemical market in the coming years and is expected to leave a positive impact on the growth of Europe textile chemical market. Additionally, the progressive growth of the chemical industry is anticipated to benefit the growth of the Europe textile chemical market in the upcoming six years.

Key Highlights of the Report:

• Europe Textile Chemical Market Overview
• Europe Textile Chemical Market Outlook
• Europe Textile Chemical Market Forecast
• Historical Data of Europe Textile Chemicals Revenues for the Period 2015-2018
• Europe Textile Chemical Market Size and Forecast of Revenues, Until 2025
• Historical Data of Europe Textile Chemical Market Revenues, by Fibers, for the Period 2015-2018
• Market Size & Forecast of Europe Textile Chemical Market Revenues, by Fibers, until 2025
• Historical Data of Europe Textile Chemical Market Revenues, by Product Types, for the Period 2015-2018
• Market Size & Forecast of Europe Textile Chemicals Market Revenues, by Product Types, until 2025
• Historical Data of Europe Textile Chemical Market Revenues, By Applications, for the Period 2015-2018
• Market Size & Forecast of Europe Textile Chemical Market Revenues, By Applications, until 2025
• Historical Data of Germany Textile Chemicals Market Revenues, for the Period 2015-2018
• Market Size & Forecast of Germany Textile Chemicals Market Revenues, until 2025
• Historical Data of Italy Textile Chemicals Market Revenues, for the Period 2015-2018
• Market Size & Forecast of Italy Textile Chemicals Market Revenues, until 2025
• Historical Data of France Textile Chemicals Market Revenues, for the Period 2015-2018
• Market Size & Forecast of France Textile Chemicals Market Revenues, until 2025
• Historical Data of United Kingdom Textile Chemicals Market Revenues, for the Period 2015-2018
• Market Size & Forecast of United Kingdom Textile Chemicals Market Revenues, until 2025
• Historical Data of Rest of Europe Textile Chemicals Market Revenues, for the Period 2015-2018
• Market Size & Forecast of Rest of Europe Textile Chemicals Market Revenues, until 2025
• Market Drivers and Restraints
• Europe Textile Chemicals Market Price Trends
• Europe Textile Chemicals Market Trends and Industry Life Cycle
• Europe Textile Chemicals Market Share, By Regions
• Europe Textile Chemicals Market Share, By Players
• Europe Textile Chemicals Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The Europe textile chemicals market report provides a detailed analysis of the following market segments:

• By Fibers:
  • Natural Fiber
  • Synthetic Fiber
• By Product Types:
  • Coating & Sizing Agents
  • Colorant & Auxiliaries
  • Finishing Agents
  • Surfactants
  • Desizing Agents
  • Bleaching Agents
    
    
• By Applications:
  • Apparels
  • Home Furnishing
  • Automotive Textiles
  • Industrial Textiles
• By Countries:
  • Germany
  • Italy
  • France
  • United Kingdom
  • Rest of Europe

Other Key Reports Available:

• Germany Textile Chemicals Market Report
• Italy Textile Chemicals Market Report
• France Textile Chemicals Market Report
• United Kingdom Textile Chemicals Market Report