Press Release Description
India Textile Specialty Chemicals Market Revenue to Reach USD2,332.12 Million by 2030 Due to Expanding Real Estate Sector
The India Textile Specialty Chemicals Market size was valued at around USD1,449.19 million in 2024 and is projected to reach USD2,332.12 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 7.6% during the forecast period, i.e., 2025-30, cites Markntel Advisors in the recent research report.
This market growth is observed due to the growth in multiple sectors such as residential, automotive, etc. The expansion in these sectors generates the demand for various textiles such as apparel, homes, and others. As a result, there is an expansion in the textile chemical industry. Since they are required in multiple processes such as bleaching, finishing, etc., of the textile industry. Additionally, with the increase in fast-paced fashion among the Gen-Z population and celebrity endorsements, the demand for apparel has increased manifold. This has encouraged textile manufacturers to expand their production units across India. Thus, raising the demand for textile specialty chemicals.
Furthermore, the multiple awareness programs and the implementation of strict rules and regulations have created an awareness among consumers about eco-friendly and sustainable products. Thus, further creating a demand in the textile industry for sustainable bio-based chemicals. Hence, promoting the usage of renewable and environmentally friendly, and being a helping hand in conserving the environment. The growth in textile production is further fueled by the shift of customer preferences towards the environment and fast fashion trends. The surge in demand for textiles in numerous sectors, which include industrial, geotextiles, and medical and hygiene industries, has led to the enlargement of the textile industry and textile chemical industry, further states the research report,” India Textile Specialty Chemicals Market, 2025”.
India Textile Specialty Chemicals Market Segmentation Analysis
Cotton is the Most Preferred Fiber Type
Based on the Fibre, the market is further bifurcated into Cotton and Synthetic. Cotton with more than 65% of the market share became the most prominent fabric that uses a specialty chemical. Cotton, when spun into yarns, is treated with various chemicals to make it soft and breathable, making it a preferable choice for Indians. This is because India has a hot and humid climate, especially in southern India, which aids in generating the demand for textile specialty chemicals. The distinctive characteristics of cotton, such as being hypoallergenic, make it suitable for use in various segments of society, such as apparel, healthcare, home décor, and technical gear.
India, being the largest producer of cotton globally, has a continuous supply of cotton to textiles, resulting in around 74% of the total export of the apparel made out of cotton. Thus leading to the enlargement of the cotton textile industry in India. Henceforth, the unique properties and availability of cotton subsequently resulted in the expansion of the textile specialty chemical market in India.
Technical Textile Holds the Largest Market Share
The demand for technical textile products is rising due to various factors, which include the growing sports sector, advancement in technology, overall economic growth, demand for real estate, and others. The drastic growth in the automotive market, especially electric vehicles, generates the demand for technical textile products such as seat covers, insulation felts, upholstery, and others. The support and initiatives undertaken by the Indian government attract several investors. For instance, recently, the automobile sector in India received approximately USD35.40 billion in foreign investments, thus leading to the expansion of technical textiles in India.
Moreover, in India, the luxurious real estate sector has significantly observed a spike in sales of approximately 37.8% in the first half of 2024, increasing the demand for technical textile products such as mattresses, pillows, mosquito nets, etc. Henceforth, the urbanization and developing sectors in India, coupled with the government policies, have boosted the technical textile industry, further fueling the growth of the textile specialty chemical market.
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including Archroma India Pvt. Ltd., Croda, Rossari Biotech Ltd., CHT India Pvt. Ltd., Indofil Industries, Fibro Organic, Fineotex Chemical Limited, Britacel Silicones Ltd., Resil Chemicals, Pulcra Chemicals India Private Limited, and others are looking forward to strengthening their market positions.
Key Questions Answered in the Research Report
- What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
- What are the trends influencing the current scenario of the market?
- What key factors would propel and impede the industry across the country?
- How has the industry been evolving in terms of geography & product adoption?
- How has the competition been shaping up across the country?
- How have buying behavior, customer inclination, and expectations from product manufacturers been evolving during 2020-30?
- Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?
Place an order
USD 2,200
USD 2,950
USD 3,850
USD 4,950
100% Safe & Secure
Strongest encryption on the website to make your purchase safe and secure