Europe Textile Chemicals Market Size & Outlook, 2022-2030
Europe textile chemicals market, 2018-2030 (US$M)
Related Markets
Europe textile chemicals market highlights
- The Europe textile chemicals market generated a revenue of USD 4,730.0 million in 2022.
- The market is expected to grow at a CAGR of 4.5% from 2023 to 2030.
- In terms of segment, synthetic was the largest revenue generating nature in 2022.
- Natural is the most lucrative nature segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 4,730.0 million |
| Market revenue in 2030 | USD 6,737.4 million |
| Growth rate | 4.5% (CAGR from 2022 to 2030) |
| Largest segment | Synthetic |
| Fastest growing segment | Natural |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Natural, Synthetic |
| Key market players worldwide | OMV AG, Basf SE, Shell PLC, Lanxess AG, Dow Inc, Huntsman Corp, Kemira Oyj, The Lubrizol Corp, Petronas Chemicals Group Bhd, Evonik Industries AG, Solvay SA |
Other key industry trends
- In terms of revenue, Europe region accounted for 18.8% of the global textile chemicals market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 20,941.4 million by 2030.
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Textile Chemicals Market Scope
Textile Chemicals Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe textile chemicals market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to textile chemicals market will help companies and investors design strategic landscapes.
Synthetic was the largest segment with a revenue share of 62.57% in 2022. Horizon Databook has segmented the Europe textile chemicals market based on natural, synthetic covering the revenue growth of each sub-segment from 2018 to 2030.
The textile market in Europe is a mature and diverse market, with a long history of production and consumption. Some of the major textile-producing countries in Europe include Italy, Germany, France, and the United Kingdom. According to Eura tex, European textile output fell by 3.2%, and apparel fell by 4.2% in Q2 2022.
This is expected to negatively impact the growth of textile chemicals market in Europe. However, favorable government support, adoption of digitalization and sustainability, and creation of robust supply chains are anticipated to improve the growth of textile chemical market in Europe over the forecast period.
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Target buyers of Europe textile chemicals market databook
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Our clientele includes a mix of textile chemicals market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe textile chemicals market , including forecasts for subscribers. This continent databook contains high-level insights into Europe textile chemicals market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe textile chemicals market size, by country, 2018-2030 (US$M)
Europe Textile Chemicals Market Outlook Share, 2022 & 2030 (US$M)
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