Europe Textile Chemicals Market for TechnicalTextiles: Highlights
· TheEurope textile chemicals Market for technical textiles is projected to grow ata CAGR of more than 3.2% between 2019 and 2027.Growing demand for hometech will drive the textile chemicals market in Europe. Further, rising demand formobiltech and clothtech chemicals will propel the market during the forecasthorizon. However, growing environmental concerns regarding the usage of textilechemicals will restrain the overall market. Some textile chemicals are alsoknown to be carcinogenic. This has led to the emergence of biobased alternativesthat will hinder the growth of the market.
· Technicaltextiles are manufactured for technical and functional purposes rather thandecorative and esthetic purposes. They are primarily manufactured fromsynthetic fibers. They are employed in several end-user industries such asautomotive, sports equipment, agriculture, and health care.
· Textilechemicals enhance and optimize the manufacturing process, thereby providingoutstanding properties to final products. Textile chemicals offer variousproperties for specific functions or a particular desirable appearance.
· TheEurope textile chemicals market has a huge opportunity to grow with theincreasing importance of geotextiles across Europe.
Europe Textile Chemicals Market for TechnicalTextiles: Segmental Trends
· In 2018,coating and sizing chemicals accounted for a 30% market shareand emerged as the largest segment in the market. However, during the forecasthorizon, the finishing agents segment is expected to display the fastest growthowing to the growing demand for high-quality fabrics.
· Thedyeing and finishing industry in Europe has been seeking to manufacturereactive dyes for textiles of high chroma or color purity. Most of thebrilliantly colored fabrics on the market are blended. Very few are 100% cotton.
· Mobiltechregistered the highest growth in the market in 2018 andaccounted for a 25% market share. The growth of the segmentcan be attributed to its extensive demand from industries such as railway,automotive, spacecraft, ship, and aircraft.
· Theagrotech segment to be the most rapidly developing application segment by 2027 owingto the extensive usage of agrotech chemicals in horticulture, forestry,landscape gardening, floriculture, and agriculture. Rapid increase in thenumber of organic farms in Europe will further fuel the demand for agrotechchemicals.
· Under thecurrent world conjuncture, the textile sector in turkey has been aiming toproduce and sell high value added, original and high quality products atcompetitive prices. Turkey has been successful in the production of technicaltextiles over the last few years due to its well-developed textile industry andsignificant investments for raw materials. Istanbul, Bursa, Gaziantep, Kocaeli,and Tekirda are the major cities in terms of production of technical textiles.
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Europe Textile Chemicals Market for TechnicalTextiles: Regional Highlights
· Germany,Italy, Spain, and France were the key consumers of textile chemicals fortechnical textiles in Europe in 2018. Demand for textile chemicalsis rising owing to flourishing packaging and automotive industry.
· Russia& CIS is anticipated to grow at a significant rate during the forecastperiod. The Russian Ministry of Industry and Trade is focusing on supportingthe country’s technical textiles and nonwovens industries. The Government ofRussia aims to increase the share of domestically made technical textiles upto 80% of the local market by 2027. Of late,the country has been utilizing its large reserves of oil and other resources,including timber and other raw materials, for the production of synthetics.
· In UK,dye & dyestuff dominated the Europe textile chemicals for technicaltextiles market in 2018. Dyeing is the process of adding colorto textile products such as fibers, yarns, and fabrics. Dyeing is usually donein a special solution containing dyes and a particular chemical material. Afterdyeing, dye molecules have uncut chemical bond with fiber molecules.
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Key Developments in Europe Textile Chemicals Marketfor Technical Textiles
· In July07, 2019, CHT Group launches fluorescent pigments BEZAFLUOR FF for textileprinting with the sub-brand Bezema Color Solutions
· In January2018, Lubrizol introduced two breathable microbe-resistant gradethermoplastic polyurethane resins for hot melt adhesives. Pearlbond 360 TPU andPearlbond 960 TPU products can be applied in technical textiles, apparel,footwear, conveyor belts, and other applications
· In January2018, Archroma introduced the Smartpeel Hydro AM product range. It is anon-PFC based water repellent agent that can be used for cotton and syntheticfibers
· On February2018, DyStar company, along with its partner, RotaSpray, developedindigo spry dyeing process to reduce the environmental impact of the productionof denim
· On October2017, Huntsman Corporation introduced Teratop XKS HL disperse inks. Theproduct can be used in automotive, outdoor furnishing, and home textileindustries.
· In July2017, the Lubrizol Corporation upgraded its textile coatings center ofexcellence facility in North Carolina, U.S.. The center is expected to investin research & development for textile and non-woven substrate coatings.
· On May2017, Covestro AG, along with PUMA, launched evoPOWER Vigor 1 footballfootwear. Covestro developed polyurethane coating material for providingspecial design to the footwear.
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Europe Textile Chemicals Market for TechnicalTextiles: Competition Landscape
· Some ofthe key players in the Europe textile chemicals market such as OMNOVASolutions Inc., Archroma LLC, Solvay S.A., Huntsman Corporation, The DysStarGroup, The Dow Chemical Company, The Lubrizol Corporation, Kiri IndustriesLtd., Bayer Material Science AG, and Zhejiang Longsheng Group Co. Ltd. Thekey players are mainly active in developing new textile chemicals.
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