Global Textile Finishing Agents Market Poised for Significant Growth by 2035

The global textile finishing agents market is projected to reach 9.3 million tons by 2035, with a total market value estimated at $22.1 billion, according to the latest report by IndexBox. This represents a steady increase from 2024 figures, when the market was valued at $19.4 billion and consumption was approximately 8.6 million tons. The growth is driven by the expanding textile industry worldwide, increasing demand for functional and sustainable textile finishes, and technological advancements in finishing processes.

Textile finishing agents are essential chemicals used to enhance the appearance, performance, and durability of fabrics. These include agents for softening, waterproofing, flame retardancy, anti-wrinkle treatments, and anti-microbial finishes. The rise in consumer preference for high-performance and eco-friendly textiles is pushing manufacturers to innovate and adopt advanced finishing solutions. Moreover, the increasing production of technical textiles, which require specialized finishing, contributes significantly to market growth.

Regionally, China remains the largest consumer and producer of textile finishing agents, followed by the United States and Japan. Together, these countries account for over 50% of the global market value. The growth in emerging markets, such as India, Bangladesh, and Southeast Asian countries, is also expected to fuel demand due to their expanding textile manufacturing sectors.

The market is expected to grow at a compound annual growth rate (CAGR) of around 0.8% by volume and 1.2% by value from 2024 to 2035. Market participants are focusing on developing sustainable and bio-based finishing agents to align with global environmental regulations and consumer demand for greener products.

Overall, the textile finishing agents market is positioned for steady expansion, driven by innovation, sustainability trends, and the growth of the global textile industry.