Global Textile Chemicals Market will be Burdened by Growing Green Chemicals Movement

Almost all textile processes require the use of textile chemicals, which are used as either intermediates or compounds for the manufacturing and processing of textiles. It is the task of textile chemicals to alter or modify the nature of the textile itself, usually imparting superior properties to it. This includes reflective textiles, fireproof textiles, and many other types that are created for special utility or aesthetic appeal. The textile chemicals used are of many types; whether they are used in pre-processing, pre-treatment, or finishing, textile chemicals play an integral role in the global textile industry. It is no wonder then that textile chemicals are in such great demand.

The global textile chemicals market is expected to progress at a CAGR of 3.70% between 2014 and 2020. The market was valued at US$19.6 bn in 2013. With its current rate of growth, the global textile chemical market is expected to reach US$25.4 bn by the end of 2020. From what we already know, the global textile chemicals market is entirely dependent on the progress rates of the global textile industry. There are certain segments within this industry that achieve greater levels of demand than the other, and technical textiles is one of them.

Changing Regulations Transforming Global Textile Chemicals Market

The global textile chemicals market is one of the conventional markets that is undergoing a heightened level of reform. This is to reduce the negative impact of chemicals and toxins released into the environment as a result of their production and/or usage. For instance, the Zero Discharge of Hazardous Chemicals Group has recently finished reviewing the global textile industry. The organization announced that there is a large gap between the measuring methods in each region and their discharge regulations. Although brands and/or multi-brands may adhere to these regulations, there is no direct comparison between the various nations and their toxic chemical output. As such, the ZDHC has pushed for a unified discharge guideline for all companies in the global textile industry in support of an industry-wide wastewater management effort.

At the same time, the E.U. has also called for new textile-specific regulations. The specific product acts will be aimed at textiles with the intention of minimalizing the environmental risks linked to the disposal of chemicals, especially in clothing.

The latest in product recalls is Bestseller, a Danish apparel retailer. The company recalled two clothing products – ear warmers and mittens – because they were found to contain fluorinated compounds, a class of textile chemicals that has come under fire for its adverse impact on the environment.

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Bans on Major Textile Chemicals Hamper Global Textile Chemicals Market

The growing environmental concerns are currently restricting the global textile chemicals market as far as conventional chemicals are concerned. For example, NPL, one of the most widely used chemicals for rinsing, cleaning, and dyeing textiles, is now proven to be harmful to aquatic flora and fauna. Consequently, it was banned by the European Union. Similar bans have been implemented on other chemicals and this will continue to occur as science works towards maintaining ecological stability. One of the cleaner options assembled in the textiles industry is the introduction of biobased textile chemicals. The future shall tell how this endeavor goes. For now, however, it is certain that reform is required in the global textile chemicals market.