China textile chemicals market is anticipated to grow at a substantial CAGR of 4.4% during the forecast period. In the Asian economy, China holds a major share in the apparel industry, growing on the basis of rising production and export, across the globe including the US, Japan, and EU (European Union). For the last few decades, the textile and apparel industry has become a major contributor to the economy of China, benefiting the textile chemicals sector in the country. China also has an expanded apparel industry due to low-cost production and ample workforce. These advances in the textile industry have resulted in an increased demand for textile chemicals across the country. However, China’s stronghold in the textile and apparel market may be under threat, with Vietnam, Indonesia, Cambodia, and Myanmar showing great potential in this sector, although it remains dominant for now.

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On the same page, China, the largest producer of textiles in the global market, also faces significant water contamination problems, owing to textile production. Up to 70% of the nation’s rivers, lakes, and reservoirs are affected by pollution, and a quarter of the Chinese population lacks access to clean drinking water. The country has drafted laws on the prevention and control of water pollution and has issued emission limits for wastewater pollutants in the textile industry. However, with the advent of the COVID-19 pandemic, the demand for textile chemicals has increased substantially for use in the making of an abundant number of PPE kits and masks.

The China textile chemicals market is segmented based on type, application, and raw material. Based on type, the market is classified into colorants & auxiliaries, coating & sizing chemicals, surfactants, desizing agents, finishing agents, and others. Based on application, the market is segmented into apparel, automotive textile, home furnishing, industrial textile, and others. Based on raw material, the market is fragmented into synthetic, cotton, wool & cashmere, silk, rayon/viscose, and others.

Furthermore, China textile chemicals market is diverse with a huge presence of medium-scaled, and large-scaled enterprises residing in the country. Argus (Shanghai) Textile Chemicals Co., Ltd.; DyStar Singapore Pte Ltd., Jiangsu Sanfangxiang Group Co., Ltd, Zhejiang Longsheng Group Co., Ltd., Shandong Qing Shun Chemical Co., Ltd.; and Sheyang Tianyuan Chemical Co., Ltd. are some of the local players operating in China. However, the high-end product market, especially in paints, dyes, and fine chemicals, continues to be controlled by foreign enterprises.

Research Methodology

The market study of the China textile chemicals market is incorporated by extensive primary and secondary research conducted by the research team at OMR.  Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. The analysts try to contact as many executives, managers, key opinion leaders, and industry experts as to bring more authenticity to the reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report is intended for chemical manufacturers, the textile industry, raw material suppliers, traders, third-party distributors, importers, exporters, government organizations, regulatory bodies, and other market participants for overall market analysis and competitive analysis. The report provides an in-depth analysis of market size, products offered by the companies, and strategies adopted by them. The report will serve as a source for a 360-degree analysis of the market thoroughly delivering insights into the market for making better business decisions.

Market Segmentation

1. China Textile Chemicals Market Research and Analysis by Material
2. China Textile Chemicals Market Research and Analysis by Application
3. China Textile Chemicals Market Research and Analysis by Raw Material 

The Report Covers

• Comprehensive research methodology of the China textile chemicals market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the China textile chemicals industry.
• Insights about market determinants that are stimulating the China textile chemicals market.
• Detailed and extensive market segments with the regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.