Market revenue in 2022 | USD 223.7 million |
Market revenue in 2030 | USD 293.1 million |
Growth rate | 3.4% (CAGR from 2022 to 2030) |
Largest segment | Synthetic |
Fastest growing segment | Natural |
Historical data | 2018 - 2021 |
Base year | 2022 |
Forecast period | 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 |
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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 63.75% in 2022. Horizon Databook has segmented the UK textile chemicals market based on natural, synthetic covering the revenue growth of each sub-segment from 2018 to 2030.
The textile industry is one of the largest and most established industries in the UK, and it is driving the growth of the textile chemicals market in UK. The increasing demand for high-quality textiles, particularly in the fashion and home furnishings sectors, is driving the need for advanced textile chemicals that can improve the appearance, feel, and durability of textiles.
For example, textile finishing agents are used to improve the appearance and handle of fabrics, while textile dyes and printing inks are used to add color and patterns to textiles. Additionally, the growing trend towards sustainability and eco-friendliness is also driving the demand for textile chemicals that are safe for both workers and the environment.
Horizon Databook provides a detailed overview of country-level data and insights on the UK textile chemicals market , including forecasts for subscribers. This country databook contains high-level insights into UK textile chemicals market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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