Published on November 18, 2013

Indian technical textile market is expected to grow at the rate of 10-12% annually in next 4-5 years due to some improved policies by government. Such improvement will help to attract investment in Textile sector and its growth to continue in Indian market. The Associated Chamber of Commerce and Industry has conducted a study and found that approx 30% of total textile mills remained non-operational in India between2000-2010. Study says that from the total of 17,987 textile mills 5,300 were non-operational and 12, 688 were operational as of 2010-211.

Numbers of chemicals are used in textile manufacturing and processing that is classified in to colorants and auxiliaries. Because of increasing demand for quality and technical textile it is expected that Auxiliaries will hold major market share for Indian textile chemical by 2018. Textile chemicals have a close relationship with the growth of textile industry.

Some of the chemicals that used in textile processing are dangerous for environment so manufacturers of textile chemicals are investing more for R&D and are selecting green solutions for producing eco-friendly chemicals. Now-a-days textile manufacturers are focusing on environment friendly materials to minimize environment pollution.

Good amount of growth in textile market is expected to positively drive the textile chemical market because these chemicals are derivative products and are important for the processing and manufacturing of textiles. Increasing demand of textile export to western regions will further helpful for growth of the textile chemical industry. Also the industry players are focusing to increase investment for nanotechnology and eco-friendly chemicals that will also make positive effect for the market growth for this industry.