According to www.techsciresearch.com report “India Textile Chemicals Market By Product Type, By Application, Competition Forecast & Opportunities, 2011 – 2021”, textile chemicals market in India is projected to cross US$ 2.5 billion by 2021
India Textile Chemicals Market Forecast 2021 - brochure
1. M a r k e t I n t e l l i g e n c e . C o n s u l t i n g
India Textile Chemicals Market By Product
Type, By Application, By Region,
Competition Forecast & Opportunities,
2011 - 2021
7. R e s e a r c h M e t h o d o l o g y
SYSTEMMATIC RESEARCH APPROACH
In-depth secondary research was
used to determine top industry
players, products, applications,
overall market size, industry
connotations, identify distributors,
and manufactures, etc.
In order to conduct industry experts
interviews, TechSci formulated a
detailed discussion guide.
List of industry players
(manufacturers), distributors,
retailers, customers and industry
specialists was developed.
TechSci conducted interviews with
industry experts, industry players,
distributors, retailers and customers
for data collection and verification.
Data were validated by triangulation
method, in which secondary,
primary, and TechSci’s analysis
contribute to the final data.
The data were scrutinized using MS-
Excel and SPSS to obtain qualitative
and quantitative insights about the
industry.
TechSci delivered industry insights
and information in the required
format Power Point Presentation/MS
Word.
Market profiling
Formulating
discussion guide
Developing list
of respondents
Data
analysis
Data
validation
Data
collection
Data
Collection
Data Filter
& Analysis
Research &
Intelligence
Actionable
Insights
Business
Solution
A
C
B
Primary
Research
Company
Analysis
Desk
Research
Identifying Key Opinion Leaders
Questionnaire Design
In-depth Interviews
Coverage Across Value Chain
Market Participants
Key Strengths
Product Portfolio
Mapping as per Value Chain
Key Focus Segments
Key Industry Experts
Channel Study
Developments
Market Changing
Aspects/Dynamics
Products
Conclusion
# includes sources of databases
Paid Publications#
Factiva
GBI
Genios
Meltwater
Company
Websites
Company Annual
Reports
White Papers
Financial Reports
Secondary Research#Primary Research#
Linkedin
Zoominfo
Salesforce
Onesource
Insights 7
8. I n d u s t r y B r i e f
8
Textile Chemicals Market in India to Surpass $ 2.5 billion by 2021
According to TechSci Research report, “India Textile Chemicals Market By Product Type, By Application,
Competition Forecast & Opportunities, 2011 – 2021’’, textile chemicals market in India is projected to cross US$
2.5 billion by 2021. Rising global as well as domestic demand for high quality textile products, growing textile
production, favorable government policies and increasing garments sourcing from India by international brands are
boosting demand for textile chemicals in the country. Textile chemicals are used during the processing of textiles,
and are broadly classified as auxiliaries and colorants. Auxiliaries are chemicals used during almost all steps of
textile manufacturing process to provide specific characteristics to the fabric, while colorants are used to impart
color to the textile product. In 2015, Government of India sanctioned a corpus of more than US$ 154.73 million to
the handloom, handicraft, silk, power loom and wool sectors to promote the country’s textile industry. These
initiatives are expected to boost demand for textile chemicals in the country through 2021.
In 2015, India textile chemicals market was dominated by apparel industry with a value share of more than 60%,
followed by home furnishing and technical textile sectors. Apparel industry is expected to continue its dominance
over the course of next five years on account of changing lifestyle and rising disposable income of consumers.
Further, the textile ministry of India has announced and sanctioned setting up of textile parks across the country to
encourage textile production, which would boost demand for textile chemicals in the coming years. Archroma,
Huntsman, Rossari, Croda, and CHT India are few of the leading players involved in production and distribution of
textile auxiliaries and colorants in India.
Sales of textile chemicals in India exhibited strong growth over the last five years on account of expanding textile
industry in the country. Additionally, growing overseas demand for textile products manufactured in India is
positively influencing demand for textile chemicals in the country. “The Government of India is increasing its focus
on the technical textile segment, as it is an upcoming segment in the country’s textile industry. Technical textile
products are used for imparting durability, strength and safety to the textile material. Anticipated growth in
demand for technical textile products is expected to boost consumption of textile chemicals through 2021”, said
Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.