PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1534478
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1534478
India Textile Chemicals Market, By Fiber Type; By Product Type; By Application; By Region, Trend Analysis, Competitive Landscape & Forecast, 2019-2030
India Textile Chemicals Market Size Booming at Significant CAGR to Reach Stellar Value of USD 40.3 Billion by 2030
India Textile Chemicals Market is flourishing due to an increasing demand for textiles and apparel both locally and internationally, high disposable incomes, and growing awareness about sustainable textile practices.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated India Textile Chemicals Market size by value at USD 23.14 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects India Textile Chemicals Market size to expand at a CAGR of 7.29% reaching a value of USD 40.27 billion by 2030. The Textile Chemicals Market in India is propelled by the growing apparel industry and increasing disposable incomes. Significant investments have been made in the textile sector, with major players, such as Archroma, Croda, Huntsman, and Rossari, expanding their portfolios through partnerships, investments, and mergers to meet changing market demands. These companies are also enhancing their presence in India by investing in research and development, manufacturing, service capabilities, and innovative chemical solutions. For example, Cosmo Speciality Chemicals introduced Silky SF, an economical cationic softener that provides excellent softness for various textiles. Their R&D facility features advanced analytical instruments like DMA, FTIR, imaging IR, SEM-EDS, TGA-MS, DSC, and optical microscopes for molecular-level product development.
By volume, BlueWeave estimated India Textile Chemicals Market size at 3.4 million tons in 2023. During the forecast period between 2024 and 2030, BlueWeave expects India Textile Chemicals Market size by volume is projected to grow at a CAGR of 7.6% reaching the volume of 6.02 million tons by 2030. The demand for technical textiles across India is rising due to the expansion of multiple industries, with the automotive sector being a major end user. It, in turn, is projected to further fuel the growth of India Textile Chemicals Market over the forecast period.
Government's Supportive Initiatives & Programs to Actively Support Textile Industry
The Government of India has launched several initiatives to bolster the textile industry, significantly impacting the Textile Chemicals Market. The PM MITRA scheme aims to establish Mega Integrated Textile Regions and Apparel Parks, fostering investment and innovation while creating a robust industrial infrastructure. Complementing this, the Production-Linked Incentive (PLI) Scheme incentivizes companies in the textile sector, particularly focusing on synthetic fibers and technical textiles, to enhance domestic manufacturing and reduce imports. Also, the Samarth Initiative promotes skill development within the industry, aiming to train a significant workforce and uplift women, which is crucial for sustainability. The National Technical Textiles Mission (NTTM) further supports innovation and research in technical textiles, enhancing India's global market position. Together, these government schemes not only strengthen the textile industry but also create a favorable environment for growth in the textile chemicals market, driving demand for innovative and sustainable chemical solutions.
West India Dominates Indian Textile Chemicals Market by Region
Western India serves as a key center for the textile manufacturing sector, featuring prominent companies such as Reliance Industries Ltd, Arvind Ltd, and Jindal Worldwide Ltd. Substantial government investments in textile technical parks, along with supportive policies in Gujarat and Maharashtra, are anticipated to enhance the demand for textile chemicals. The west India market, characterized by 300-500 participants due to government subsidies, has experienced consistent growth driven by rising exports and an increasing emphasis on technical textiles. Additionally, stringent environmental regulations in China have created opportunities for Indian producers. The growing focus on high quality, wrinkle-resistant, anti-microbial, and anti-fungal textiles is also propelling the demand for textile chemicals. Western India's leadership in the textile sector is expected to continue, bolstered by numerous textile mills in the western region.
Competitive Landscape
India Textile Chemicals Market is fragmented, with numerous players serving the market. The key players dominating India Textile Chemicals Market include Archroma, Croda, Huntsman International, Rossari Biotech Ltd, CHT India Pvt Ltd, Kiri Industries, Bodal Chemicals, Indofil Industries, Fibro Organic, and Jaysynth Dyestuff. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge in the overall market.
The report's in-depth analysis provides information about growth potential, upcoming trends, and India Textile Chemicals Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in India Textile Chemicals Market along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
2. Executive Summary
3. India Textile Chemicals Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Increasing demand for textiles and apparel, both domestically and for export
- 3.2.1.2. Rising disposable incomes
- 3.2.1.3. Increasing awareness on sustainable practices
- 3.2.2. Restraints
- 3.2.2.1. Stringent environmental regulations
- 3.2.2.2. Fluctuations in raw material prices
- 3.2.3. Opportunities
- 3.2.3.1. Increasing demand for functional textiles
- 3.2.3.2. Rise of e-commerce platforms for textile products
- 3.2.3.3. Government initiatives to actively support the textile industry through schemes
- 3.2.4. Challenges
- 3.2.4.1. Competition from low-cost economies
- 3.2.4.2. Skilled labor shortage
- 3.2.1. Growth Drivers
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
4. India Textile Chemicals Market: Marketing Strategies
5. India Textile Chemicals Market: Pricing Analysis
6. India Textile Chemicals Market Overview
- 6.1. Market Size & Forecast, 2019-2030
- 6.1.1. By Value (USD Billion)
- 6.1.2. By Volume (Million Tons)
- 6.2. Market Share & Forecast
- 6.2.1. By Fiber Type
- 6.2.1.1. Natural Fiber
- 6.2.1.2. Synthetic Fiber
- 6.2.2. By Product Type
- 6.2.2.1. Coating & Sizing Agents
- 6.2.2.2. Colorants & Auxiliaries
- 6.2.2.3. Finishing Agents
- 6.2.2.4. Surfactants
- 6.2.2.5. Desizing Agents
- 6.2.2.6. Others (Including Bleaching Agents etc.)
- 6.2.3. By Application
- 6.2.3.1. Apparel
- 6.2.3.2. Home Furnishing
- 6.2.3.3. Automotive Textile
- 6.2.3.4. Industrial Textile
- 6.2.3.5. Others (Including Technical Textile etc.)
- 6.2.4. By Region
- 6.2.4.1. North India
- 6.2.4.2. South India
- 6.2.4.3. East India
- 6.2.4.4. West India
- 6.2.1. By Fiber Type
7. North India Textile Chemicals Market
- 7.1. Market Size & Forecast, 2019-2030
- 7.1.1. By Value (USD Billion)
- 7.1.2. By Volume (Million Tons)
- 7.2. Market Share & Forecast
- 7.2.1. By Fiber Type
- 7.2.2. By Product Type
- 7.2.3. By Application
8. South India Textile Chemicals Market
- 8.1. Market Size & Forecast, 2019-2030
- 8.1.1. By Value (USD Billion)
- 8.1.2. By Volume (Million Tons)
- 8.2. Market Share & Forecast
- 8.2.1. By Fiber Type
- 8.2.2. By Product Type
- 8.2.3. By Application
9. East India Textile Chemicals Market
- 9.1. Market Size & Forecast, 2019-2030
- 9.1.1. By Value (USD Billion)
- 9.1.2. By Volume (Million Tons)
- 9.2. Market Share & Forecast
- 9.2.1. By Fiber Type
- 9.2.2. By Product Type
- 9.2.3. By Application
10. West India Textile Chemicals Market
- 10.1. Market Size & Forecast, 2019-2030
- 10.1.1. By Value (USD Billion)
- 10.1.2. By Volume (Million Tons)
- 10.2. Market Share & Forecast
- 10.2.1. By Fiber Type
- 10.2.2. By Product Type
- 10.2.3. By Application
11. Competitive Landscape
- 11.1. List of Key Players and Their Offerings
- 11.2. India Textile Chemicals Company Market Share Analysis, 2023
- 11.3. Competitive Benchmarking, By Operation Channel Parameters
- 11.4. Key Strategic Development (Mergers, Acquisitions, Partnerships, etc.)
12. Impact of Geopolitical Tensions in India Textile Chemicals Market
13. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
- 13.1. Archroma
- 13.2. Croda
- 13.3. Huntsman International
- 13.4. Rossari Biotech Ltd
- 13.5. CHT India Pvt Ltd
- 13.6. Kiri Industries
- 13.7. Bodal Chemicals
- 13.8. Indofil Industries
- 13.9. Fibro Organic
- 13.10. Jaysynth Dyestuff
- 13.11. Other Prominent Players
14. Key Strategic Recommendations
15. Research Methodology
- 15.1. Qualitative Research
- 15.1.1. Primary & Secondary Research
- 15.2. Quantitative Research
- 15.3. Market Breakdown & Data Triangulation
- 15.3.1. Secondary Research
- 15.3.2. Primary Research
- 15.4. Breakdown of Primary Research Respondents, By Region
- 15.5. Assumption & Limitation
*Financial information of non-listed companies will be provided as per availability
**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable
List of Figures
- Table 1 India Textile Chemicals Market Segmentation
- Table 2 India Textile Chemicals Market Value Chain Analysis
- Table 3 Company Market Share Analysis, 2023
- Table 4 India Textile Chemicals Market Size, By Value (USD Billion), 2019-2030
- Table 5 India Textile Chemicals Market Size, By Volume (Million Tons) 2019-2030
- Table 6 India Textile Chemicals Market Share, By Fiber Type, By Value (USD Billion) 2019-2030
- Table 7 India Textile Chemicals Market Share, By Fiber Type, By Volume (Million Tons) 2019-2030
- Table 8 India Textile Chemicals Market Share, By Product Type, By Value (USD Billion) 2019-2030
- Table 9 India Textile Chemicals Market Share, By Product Type, By Volume (Million Tons) 2019-2030
- Table 10 India Textile Chemicals Market Share, By Application, By Value (USD Billion) 2019-2030
- Table 11 India Textile Chemicals Market Share, By Application, By Volume (Million Tons) 2019-2030
- Table 12 India Textile Chemicals Market Share, By Region, By Value (USD Billion) 2019-2030
- Table 13 India Textile Chemicals Market Share, By Region, By Volume (Million Tons) 2019-2030
- Table 14 North India Textile Chemicals Market Size, By Value (USD Billion), 2019-2030
- Table 15 North India Textile Chemicals Market Size, By Volume (Million Tons) 2019-2030
- Table 16 North India Textile Chemicals Market Share, By Fiber Type, By Value (USD Billion) 2019-2030
- Table 17 North India Textile Chemicals Market Share, By Fiber Type, By Volume (Million Tons) 2019-2030
- Table 18 North India Textile Chemicals Market Share, By Product Type, By Value (USD Billion) 2019-2030
- Table 19 North India Textile Chemicals Market Share, By Product Type, By Volume (Million Tons) 2019-2030
- Table 20 North India Textile Chemicals Market Share, By Application, By Value (USD Billion) 2019-2030
- Table 21 North India Textile Chemicals Market Share, By Application, By Volume (Million Tons) 2019-2030
- Table 22 South India Textile Chemicals Market Size, By Value (USD Billion), 2019-2030
- Table 23 South India Textile Chemicals Market Size, By Volume (Million Tons) 2019-2030
- Table 24 South India Textile Chemicals Market Share, By Fiber Type, By Value (USD Billion) 2019-2030
- Table 25 South India Textile Chemicals Market Share, By Fiber Type, By Volume (Million Tons) 2019-2030
- Table 26 South India Textile Chemicals Market Share, By Product Type, By Value (USD Billion) 2019-2030
- Table 27 South India Textile Chemicals Market Share, By Product Type, By Volume (Million Tons) 2019-2030
- Table 28 South India Textile Chemicals Market Share, By Application, By Value (USD Billion) 2019-2030
- Table 29 South India Textile Chemicals Market Share, By Application, By Volume (Million Tons) 2019-2030
- Table 30 East India Textile Chemicals Market Size, By Value (USD Billion), 2019-2030
- Table 31 East India Textile Chemicals Market Size, By Volume (Million Tons) 2019-2030
- Table 32 East India Textile Chemicals Market Share, By Fiber Type, By Value (USD Billion) 2019-2030
- Table 33 East India Textile Chemicals Market Share, By Fiber Type, By Volume (Million Tons) 2019-2030
- Table 34 East India Textile Chemicals Market Share, By Product Type, By Value (USD Billion) 2019-2030
- Table 35 East India Textile Chemicals Market Share, By Product Type, By Volume (Million Tons) 2019-2030
- Table 36 East India Textile Chemicals Market Share, By Application, By Value (USD Billion) 2019-2030
- Table 37 East India Textile Chemicals Market Share, By Application, By Volume (Million Tons) 2019-2030
- Table 38 West India Textile Chemicals Market Size, By Value (USD Billion), 2019-2030
- Table 39 West India Textile Chemicals Market Size, By Volume (Million Tons) 2019-2030
- Table 40 West India Textile Chemicals Market Share, By Fiber Type, By Value (USD Billion) 2019-2030
- Table 41 West India Textile Chemicals Market Share, By Fiber Type, By Volume (Million Tons) 2019-2030
- Table 42 West India Textile Chemicals Market Share, By Product Type, By Value (USD Billion) 2019-2030
- Table 43 West India Textile Chemicals Market Share, By Product Type, By Volume (Million Tons) 2019-2030
- Table 44 West India Textile Chemicals Market Share, By Application, By Value (USD Billion) 2019-2030
- Table 45 West India Textile Chemicals Market Share, By Application, By Volume (Million Tons) 2019-2030
List of Tables
- Table 1 India Textile Chemicals Market Size, By Value (USD Billion), 2019-2030
- Table 2 India Textile Chemicals Market Size, By Volume (Million Tons) 2019-2030
- Table 3 India Textile Chemicals Market Share, By Fiber Type, By Value (USD Billion) 2019-2030
- Table 4 India Textile Chemicals Market Share, By Fiber Type, By Volume (Million Tons) 2019-2030
- Table 5 India Textile Chemicals Market Share, By Product Type, By Value (USD Billion) 2019-2030
- Table 6 India Textile Chemicals Market Share, By Product Type, By Volume (Million Tons) 2019-2030
- Table 7 India Textile Chemicals Market Share, By Application, By Value (USD Billion) 2019-2030
- Table 8 India Textile Chemicals Market Share, By Application, By Volume (Million Tons) 2019-2030
- Table 9 India Textile Chemicals Market Share, By Region, By Value (USD Billion) 2019-2030
- Table 10 India Textile Chemicals Market Share, By Region, By Volume (Million Tons) 2019-2030
- Table 11 North India Textile Chemicals Market Size, By Value (USD Billion), 2019-2030
- Table 12 North India Textile Chemicals Market Size, By Volume (Million Tons) 2019-2030
- Table 13 North India Textile Chemicals Market Share, By Fiber Type, By Value (USD Billion) 2019-2030
- Table 14 North India Textile Chemicals Market Share, By Fiber Type, By Volume (Million Tons) 2019-2030
- Table 15 North India Textile Chemicals Market Share, By Product Type, By Value (USD Billion) 2019-2030
- Table 16 North India Textile Chemicals Market Share, By Product Type, By Volume (Million Tons) 2019-2030
- Table 17 North India Textile Chemicals Market Share, By Application, By Value (USD Billion) 2019-2030
- Table 18 North India Textile Chemicals Market Share, By Application, By Volume (Million Tons) 2019-2030
- Table 19 South India Textile Chemicals Market Size, By Value (USD Billion), 2019-2030
- Table 20 South India Textile Chemicals Market Size, By Volume (Million Tons) 2019-2030
- Table 21 South India Textile Chemicals Market Share, By Fiber Type, By Value (USD Billion) 2019-2030
- Table 22 South India Textile Chemicals Market Share, By Fiber Type, By Volume (Million Tons) 2019-2030
- Table 23 South India Textile Chemicals Market Share, By Product Type, By Value (USD Billion) 2019-2030
- Table 24 South India Textile Chemicals Market Share, By Product Type, By Volume (Million Tons) 2019-2030
- Table 25 South India Textile Chemicals Market Share, By Application, By Value (USD Billion) 2019-2030
- Table 26 South India Textile Chemicals Market Share, By Application, By Volume (Million Tons) 2019-2030
- Table 27 East India Textile Chemicals Market Size, By Value (USD Billion), 2019-2030
- Table 28 East India Textile Chemicals Market Size, By Volume (Million Tons) 2019-2030
- Table 29 East India Textile Chemicals Market Share, By Fiber Type, By Value (USD Billion) 2019-2030
- Table 30 East India Textile Chemicals Market Share, By Fiber Type, By Volume (Million Tons) 2019-2030
- Table 31 East India Textile Chemicals Market Share, By Product Type, By Value (USD Billion) 2019-2030
- Table 32 East India Textile Chemicals Market Share, By Product Type, By Volume (Million Tons) 2019-2030
- Table 33 East India Textile Chemicals Market Share, By Application, By Value (USD Billion) 2019-2030
- Table 34 East India Textile Chemicals Market Share, By Application, By Volume (Million Tons) 2019-2030
- Table 35 West India Textile Chemicals Market Size, By Value (USD Billion), 2019-2030
- Table 36 West India Textile Chemicals Market Size, By Volume (Million Tons) 2019-2030
- Table 37 West India Textile Chemicals Market Share, By Fiber Type, By Value (USD Billion) 2019-2030
- Table 38 West India Textile Chemicals Market Share, By Fiber Type, By Volume (Million Tons) 2019-2030
- Table 39 West India Textile Chemicals Market Share, By Product Type, By Value (USD Billion) 2019-2030
- Table 40 West India Textile Chemicals Market Share, By Product Type, By Volume (Million Tons) 2019-2030
- Table 41 West India Textile Chemicals Market Share, By Application, By Value (USD Billion) 2019-2030
- Table 42 West India Textile Chemicals Market Share, By Application, By Volume (Million Tons) 2019-2030
- Table 43 Archroma Company Overview
- Table 44 Archroma Financial Overview
- Table 45 Croda Company Overview
- Table 46 Croda Financial Overview
- Table 47 Huntsman International Company Overview
- Table 48 Huntsman International Financial Overview
- Table 49 Rossari Biotech Ltd Company Overview
- Table 50 Rossari Biotech Ltd Financial Overview
- Table 51 CHT India Pvt Ltd Company Overview
- Table 52 CHT India Pvt Ltd Financial Overview
- Table 53 Kiri Industries Company Overview
- Table 54 Kiri Industries Financial Overview
- Table 55 Bodal Chemicals Company Overview
- Table 56 Bodal Chemicals Financial Overview
- Table 57 Indofil Industries Company Overview
- Table 58 Indofil Industries Financial Overview
- Table 59 Fibro Organic Company Overview
- Table 60 Fibro Organic Financial Overview
- Table 61 Jaysynth Dyestuff Company Overview
- Table 62 Jaysynth Dyestuff Financial Overview
