Vietnam Textile Chemicals Market Size & Outlook, 2022-2030
Vietnam textile chemicals market, 2018-2030 (US$M)
Related Markets
Vietnam textile chemicals market highlights
- The Vietnam textile chemicals market generated a revenue of USD 207.0 million in 2022 and is expected to reach USD 308.3 million by 2030.
- The Vietnam market is expected to grow at a CAGR of 5.1% 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.
Textile chemicals market data book summary
| Market revenue in 2022 | USD 207.0 million |
| Market revenue in 2030 | USD 308.3 million |
| Growth rate | 5.1% (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 |
Other key industry trends
- In terms of revenue, Vietnam accounted for 0.8% of the global textile chemicals market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China textile chemicals market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,349.1 million by 2030.
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Textile Chemicals Market Scope
Textile Chemicals Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Vietnam 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 63.19% in 2022. Horizon Databook has segmented the Vietnam textile chemicals market based on natural, synthetic covering the revenue growth of each sub-segment from 2018 to 2030.
The textile chemical market in Vietnam has seen significant growth in recent years due to the country's rapidly developing textile industry. Vietnam is one of the largest textile and garment exporters in the world, and the demand for high-quality textile chemicals has been on the rise as manufacturers aim to produce high-quality and sustainable products.
This has led to increased demand for advanced textile chemicals, such as finishing agents, dyes, and auxiliaries, and has resulted in the expansion of local and foreign companies in the market. Such factors are expected to fuel the demand for textile chemical in the country.
Reasons to subscribe to Vietnam textile chemicals market databook:
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Target buyers of Vietnam 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 country-level data and insights on the Vietnam textile chemicals market , including forecasts for subscribers. This country databook contains high-level insights into Vietnam textile chemicals market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Vietnam textile chemicals market size, by nature, 2018-2030 (US$M)
Vietnam Textile Chemicals Market Outlook Share, 2022 & 2030 (US$M)
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