Global Functional Textile Finishing Chemicals Market Size Study, by Product (Antimicrobial/Anti-inflammatory, Flame Retardant, Repellant & Release, Temperature Regulation, Durable Press/Wrinkle Resistant) and Regional Forecasts 2022-2032

Description

The global functional textile finishing chemicals market, valued at approximately USD 3.54 billion in 2023, is projected to grow at a steady compound annual growth rate (CAGR) of 5.30% and is expected to reach USD 5.63 billion by 2032. These chemicals play a pivotal role in enhancing the performance and functionality of textiles, catering to diverse industrial and consumer applications. Functional finishes imbue fabrics with attributes such as durability, antimicrobial properties, flame retardancy, and water repellence, driving their demand across various sectors.

The market growth is fueled by rising consumer demand for performance textiles, especially in the healthcare, sportswear, and home furnishings sectors. The increasing awareness of health and hygiene has bolstered the adoption of antimicrobial finishes, particularly post-pandemic. Innovations in eco-friendly and sustainable textile finishing chemicals have further enriched the market landscape, as stringent environmental regulations push manufacturers towards greener alternatives. However, challenges such as fluctuating raw material costs and high development expenditures may hinder market progression.

Regionally, North America and Europe lead the market due to advanced textile industries and high consumer awareness of functional products. Meanwhile, the Asia-Pacific region is anticipated to register the fastest growth, driven by rapid industrialization, expanding textile production, and increasing investments in innovation, particularly in emerging economies like China and India.

Major market players included in this report are:

BASF SE
Huntsman Corporation
Archroma
Dow Inc.
Evonik Industries AG
Solvay S.A.
Dystar Singapore Pte Ltd
Tanatex Chemicals B.V.
Croda International Plc
Clariant AG
Wacker Chemie AG
Covestro AG
Omnova Solutions Inc.
Dupont de Nemours, Inc.
Rudolf GmbH

The detailed segments and sub-segment of the market are explained below:

By Product:

Antimicrobial/Anti-inflammatory
Flame Retardant
Repellant & Release
Temperature Regulation
Durable Press/Wrinkle Resistant

By Region:

North America:

U.S.
Canada

Europe:

UK
Germany
France
Spain
Italy
Rest of Europe

Asia-Pacific:

China
India
Japan
Australia
South Korea
Rest of Asia-Pacific

Latin America:

Brazil
Mexico

Middle East & Africa:

Saudi Arabia
South Africa
Rest of Middle East & Africa

Years considered for the study are as follows:

Historical year: 2022
Base year: 2023
Forecast period: 2024 to 2032

Key Takeaways:

Comprehensive market estimates and forecasts for a decade, from 2022 to 2032.
Granular insights into regional and segment-level dynamics.
Strategic analysis of key players, competitive strategies, and growth opportunities.
Detailed exploration of market drivers, challenges, and innovative solutions.
Recommendations tailored for stakeholders to maximize returns and capitalize on trends.

Chapter 1. Global Functional Textile Finishing Chemicals Market Executive Summary

1.1. Global Functional Textile Finishing Chemicals Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Product
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Functional Textile Finishing Chemicals Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Functional Textile Finishing Chemicals Market Dynamics

3.1. Market Drivers
- 3.1.1. Rising Demand for Performance Textiles
- 3.1.2. Increasing Health and Hygiene Awareness
- 3.1.3. Innovations in Eco-friendly and Sustainable Finishing Chemicals
3.2. Market Challenges
- 3.2.1. Fluctuating Raw Material Costs
- 3.2.2. High Development Expenditures
3.3. Market Opportunities
- 3.3.1. Expansion into Emerging Markets
- 3.3.2. Development of Innovative Finishing Chemicals
- 3.3.3. Adoption of Advanced Manufacturing Technologies

Chapter 4. Global Functional Textile Finishing Chemicals Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Functional Textile Finishing Chemicals Market Size & Forecasts by Product 2022-2032

5.1. Segment Dashboard
5.2. Global Functional Textile Finishing Chemicals Market: Product Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 5.2.1. Antimicrobial/Anti-inflammatory
- 5.2.2. Flame Retardant
- 5.2.3. Repellant & Release
- 5.2.4. Temperature Regulation
- 5.2.5. Durable Press/Wrinkle Resistant

Chapter 6. Global Functional Textile Finishing Chemicals Market Size & Forecasts by Region 2022-2032

6.1. North America Functional Textile Finishing Chemicals Market
- 6.1.1. U.S. Functional Textile Finishing Chemicals Market
  - 6.1.1.1. Product Breakdown Size & Forecasts, 2022-2032
- 6.1.2. Canada Functional Textile Finishing Chemicals Market
  - 6.1.2.1. Product Breakdown Size & Forecasts, 2022-2032
6.2. Europe Functional Textile Finishing Chemicals Market
- 6.2.1. UK Functional Textile Finishing Chemicals Market
  - 6.2.1.1. Product Breakdown Size & Forecasts, 2022-2032
- 6.2.2. Germany Functional Textile Finishing Chemicals Market
  - 6.2.2.1. Product Breakdown Size & Forecasts, 2022-2032
- 6.2.3. France Functional Textile Finishing Chemicals Market
  - 6.2.3.1. Product Breakdown Size & Forecasts, 2022-2032
- 6.2.4. Spain Functional Textile Finishing Chemicals Market
  - 6.2.4.1. Product Breakdown Size & Forecasts, 2022-2032
- 6.2.5. Italy Functional Textile Finishing Chemicals Market
  - 6.2.5.1. Product Breakdown Size & Forecasts, 2022-2032
- 6.2.6. Rest of Europe Functional Textile Finishing Chemicals Market
  - 6.2.6.1. Product Breakdown Size & Forecasts, 2022-2032
6.3. Asia-Pacific Functional Textile Finishing Chemicals Market
- 6.3.1. China Functional Textile Finishing Chemicals Market
  - 6.3.1.1. Product Breakdown Size & Forecasts, 2022-2032
- 6.3.2. India Functional Textile Finishing Chemicals Market
  - 6.3.2.1. Product Breakdown Size & Forecasts, 2022-2032
- 6.3.3. Japan Functional Textile Finishing Chemicals Market
  - 6.3.3.1. Product Breakdown Size & Forecasts, 2022-2032
- 6.3.4. Australia Functional Textile Finishing Chemicals Market
  - 6.3.4.1. Product Breakdown Size & Forecasts, 2022-2032
- 6.3.5. South Korea Functional Textile Finishing Chemicals Market
  - 6.3.5.1. Product Breakdown Size & Forecasts, 2022-2032
- 6.3.6. Rest of Asia-Pacific Functional Textile Finishing Chemicals Market
  - 6.3.6.1. Product Breakdown Size & Forecasts, 2022-2032
6.4. Latin America Functional Textile Finishing Chemicals Market
- 6.4.1. Brazil Functional Textile Finishing Chemicals Market
  - 6.4.1.1. Product Breakdown Size & Forecasts, 2022-2032
- 6.4.2. Mexico Functional Textile Finishing Chemicals Market
  - 6.4.2.1. Product Breakdown Size & Forecasts, 2022-2032
- 6.4.3. Rest of Latin America Functional Textile Finishing Chemicals Market
  - 6.4.3.1. Product Breakdown Size & Forecasts, 2022-2032
6.5. Middle East & Africa Functional Textile Finishing Chemicals Market
- 6.5.1. Saudi Arabia Functional Textile Finishing Chemicals Market
  - 6.5.1.1. Product Breakdown Size & Forecasts, 2022-2032
- 6.5.2. South Africa Functional Textile Finishing Chemicals Market
  - 6.5.2.1. Product Breakdown Size & Forecasts, 2022-2032
- 6.5.3. Rest of Middle East & Africa Functional Textile Finishing Chemicals Market
  - 6.5.3.1. Product Breakdown Size & Forecasts, 2022-2032

Chapter 7. Competitive Intelligence

7.1. Key Company SWOT Analysis
- 7.1.1. BASF SE
- 7.1.2. Huntsman Corporation
- 7.1.3. Archroma
7.2. Top Market Strategies
7.3. Company Profiles
- 7.3.1. BASF SE
  - 7.3.1.1. Key Information
  - 7.3.1.2. Overview
  - 7.3.1.3. Financial (Subject to Data Availability)
  - 7.3.1.4. Product Summary
  - 7.3.1.5. Market Strategies
- 7.3.2. Huntsman Corporation
- 7.3.3. Archroma
- 7.3.4. Dow Inc.
- 7.3.5. Evonik Industries AG
- 7.3.6. Solvay S.A.
- 7.3.7. Dystar Singapore Pte Ltd
- 7.3.8. Tanatex Chemicals B.V.
- 7.3.9. Croda International Plc
- 7.3.10. Clariant AG

Chapter 8. Research Process

8.1. Research Process
- 8.1.1. Data Mining
- 8.1.2. Analysis
- 8.1.3. Market Estimation
- 8.1.4. Validation
- 8.1.5. Publishing
8.2. Research Attributes