[Ranking] TOP 25 Textile Chemicals / Chemicals Companies Q3/2023
Intro
The textile chemicals industry plays a vital role in the global economy, providing essential support to the larger chemicals sector. Textile chemicals are an integral part of the manufacturing process for textiles, enhancing their quality, durability, and functionality.
With their profound influence, textile chemicals have a ripple effect across diverse sectors such as fashion, home furnishings, automotive, and healthcare. These chemicals contribute to the development of innovative materials, sustainable practices, and improved product performance.
The economic magnitude of the textile chemicals industry is significant and shows a promising upward trajectory. The growing demand for textiles, driven by population growth and rising disposable incomes, fuels the need for advanced textile chemical solutions.
Recent trends in the textile chemicals industry reflect the increasing focus on sustainability, eco-friendly manufacturing processes, and the development of bio-based alternatives. Breakthroughs in nanotechnology and smart textiles are also shaping the industry, providing new opportunities for growth and innovation.
The landscape of the textile chemicals industry is ever-changing, driven by technological advancements, evolving consumer preferences, and regulatory changes. Exploring the top companies in this sub-industry is crucial to understand their contributions to the industry's growth and transformation.
Ranking
#25 Borealis AG
Employees: 1.5K
Revenue: 500M$
Website: https://www.borealisag.com
Description: Borealis AG is a leading company in the Textile Chemicals industry. Headquartered in Wilmington, United States, the company was founded in 2001. With a workforce of approximately 1,500 employees, Borealis AG specializes in the development and production of chemicals specifically tailored for the textile sector. The company's extensive product portfolio includes dyes, pigments, and finishing agents, among others, that are used in various stages of textile production. Borealis AG has established itself as a key player in the industry, providing innovative solutions to enhance the quality, durability, and sustainability of textiles. With an annual revenue of 500 million dollars, the company continues to expand its operations and contribute to the growth of the Textile Chemicals sector.
#24 Ashland Global Holdings Inc.
Employees: 5.5K
Revenue: 2.5B$
Website: https://www.ashland.com
Description: Ashland Global Holdings Inc., headquartered in Wilmington, United States, is a leading player in the Textile Chemicals industry. With a history dating back to 1924, the company has established itself as a trusted provider of innovative solutions for textile manufacturers. Ashland offers a wide range of chemicals and technologies designed to enhance the performance, durability, and aesthetics of textiles. Their comprehensive product portfolio includes dyes, finishes, coatings, and specialty chemicals that cater to the diverse needs of the textile industry. With a workforce of approximately 5,500 employees and annual revenue of 2.5 billion dollars, Ashland continues to drive advancements in textile chemistry, enabling manufacturers to create high-quality and sustainable textiles for various applications.
#23 H.B. Fuller Company
Employees: 7.5K
Revenue: 2.9B$
Website: https://www.hbfuller.com/
Description: H.B. Fuller Company is a leading player in the Textile Chemicals industry. With its headquarters in St. Paul, United States, the company has been operating since 1887. H.B. Fuller employs approximately 7,500 professionals globally, contributing to its annual revenue of 2.9 billion US dollars. The company specializes in providing innovative solutions and chemical products for the textile sector, catering to the diverse needs of manufacturers and consumers. Through its extensive range of offerings, H.B. Fuller supports the textile industry by enhancing the performance, durability, and sustainability of textile products. With a strong presence and a commitment to excellence, H.B. Fuller continues to drive advancements in the Textile Chemicals industry.
#22 Clariant AG
Employees: 17K
Revenue: 4.4B$
Website: https://www.clariant.com
Description: Clariant AG, headquartered in Muttenz, Switzerland, is a leading company in the Textile Chemicals industry. With a history dating back to 1995, Clariant specializes in providing innovative chemical solutions for the textile sector. The company employs approximately 17,000 professionals worldwide, who are dedicated to developing and delivering high-quality products for textile manufacturers. Clariant's revenue in 2020 amounted to 4.4 billion US dollars, solidifying its position as a key player in the industry. Through their comprehensive range of textile chemicals, Clariant helps customers enhance the performance, durability, and sustainability of their textile products, contributing to the advancement of the global textile industry.
#21 Wacker Chemie AG
Employees: 6K
Revenue: 4.5B$
Website: https://www.wacker.com
Description: Wacker Chemie AG is a leading chemical company based in Munich, Germany. With a history dating back to 1914, the company specializes in the production of Textile Chemicals. Wacker Chemie AG offers a wide range of innovative and sustainable solutions for the textile industry, including textile auxiliaries, binders, and additives. Their products are used in various textile applications, such as yarn production, dyeing, finishing, and printing. With a workforce of approximately 6,000 employees, Wacker Chemie AG generates an annual revenue of 4.5 billion dollars, making it a major player in the global textile chemicals market.
#20 Sumitomo Chemical Co., Ltd.
Employees: 34K
Revenue: 5.7B$
Website: https://www.sumitomo-chem.co.jp/english/
Description: Sumitomo Chemical Co., Ltd., based in Tokyo, Japan, is a leading company in the Textile Chemicals industry. Founded in 1913, Sumitomo Chemical has a strong presence in the market and is known for its innovative and high-quality products. With a workforce of approximately 34,000 employees, the company is committed to providing solutions that meet the needs of the textile industry. Sumitomo Chemical offers a wide range of textile chemicals, including dyes, pigments, and various functional agents. Through its research and development efforts, the company continuously strives to develop new and improved products that enhance the performance and sustainability of textiles. With annual revenue of 5.7 billion dollars, Sumitomo Chemical is a key player in the global textile chemicals market.
#19 The Chemours Company
Employees: 7K
Revenue: 6B$
Website: https://www.chemours.com
Description: The Chemours Company, headquartered in Wilmington, United States, is a leading player in the Textile Chemicals industry. Founded in 2015, the company has a workforce of approximately 7,000 employees. With annual revenue of 6 billion dollars, Chemours operates in the chemicals sector, with a specific focus on textile chemicals. The company offers a wide range of innovative chemical solutions for the textile industry, including dyes, finishes, and specialty chemicals. Chemours is known for its commitment to sustainability and environmental stewardship, aiming to provide sustainable and eco-friendly solutions to its customers. With its strong market presence and dedication to quality, Chemours continues to be a key player in the textile chemicals industry.
#18 Lanxess AG
Employees: 15K
Revenue: 6.8B$
Website: https://lanxess.com
Description: Lanxess AG, headquartered in Cologne, Germany, is a leading player in the Textile Chemicals industry. Founded in 2004, the company boasts a workforce of approximately 15,000 employees. With an impressive annual revenue of 6.8 billion USD, Lanxess AG has established itself as a major player in the market. The company specializes in providing innovative solutions and high-quality chemical products for various textile applications. Lanxess AG's dedication to research and development has allowed them to offer a wide range of products that cater to the specific needs of the textile industry. Through their expertise and commitment to sustainability, Lanxess AG continues to drive advancements in the Textile Chemicals sector.
#17 Mitsubishi Chemical Holdings Corporation
Employees: 52K
Revenue: 7.9B$
Website: https://www.mitsubishichem-hd.co.jp/english/
Description: Mitsubishi Chemical Holdings Corporation is a leading player in the Textile Chemicals industry. Headquartered in Tokyo, Japan, the company was founded in 1934. With a workforce of approximately 52,000 employees, Mitsubishi Chemical Holdings Corporation is dedicated to offering innovative solutions and high-quality chemicals for the textile sector. The company's wide range of textile chemicals includes dyes, pigments, resins, and functional materials, catering to the diverse needs of the industry. Mitsubishi Chemical Holdings Corporation has achieved a remarkable revenue of 7.9 billion dollars, solidifying its position as a key player in the global textile chemicals market.
#16 Huntsman Corporation
Employees: 10.1K
Revenue: 8.2B$
Website: https://www.huntsman.com/
Description: Huntsman Corporation, headquartered in The Woodlands, United States, is a leading player in the Textile Chemicals industry. Founded in 1970, the company has a workforce of approximately 10.1 thousand employees. With an annual revenue of 8.2 billion dollars, Huntsman Corporation is known for its expertise in providing innovative chemical solutions for the textile sector. Their comprehensive range of textile chemicals encompasses products for dyeing, printing, finishing, and specialty applications. Huntsman Corporation's commitment to sustainability and continuous research and development efforts have positioned them as a trusted partner for textile manufacturers worldwide.
#15 Eastman Chemical Company
Employees: 14K
Revenue: 9.3B$
Website: https://www.eastman.com
Description: Eastman Chemical Company, headquartered in Kingsport, United States, is a leading player in the Textile Chemicals industry. Founded in 1920, the company has a workforce of approximately 14,000 employees. With an annual revenue of 9.3 billion U.S. dollars, Eastman Chemical Company operates globally, providing innovative solutions and products for the textile industry. Their extensive portfolio of textile chemicals includes dyes, additives, and performance chemicals that enhance the quality, durability, and sustainability of textile products. Eastman Chemical Company remains committed to driving advancements in the textile industry and supporting the growth and success of its customers worldwide.
#14 Akzo Nobel N.V.
Employees: 34K
Revenue: 9.3B$
Website: https://www.akzonobel.com/
Description: Akzo Nobel N.V., headquartered in Amsterdam, Netherlands, is a leading player in the Textile Chemicals industry. Founded in 1994, the company has established itself as a major supplier of chemicals for the textile sector. With a workforce of approximately 34,000 employees, Akzo Nobel N.V. operates globally, catering to the diverse needs of the textile industry. The company's revenue stands at an impressive 9.3 billion dollars, reflecting its significant market presence and successful business operations. Akzo Nobel N.V. is committed to providing innovative and sustainable solutions to its customers in the textile sector, contributing to the growth and development of the industry.
#13 Asahi Kasei Corporation
Employees: 40K
Revenue: 10B$
Website: https://www.asahi-kasei.co.jp/
Description: Asahi Kasei Corporation, headquartered in Tokyo, Japan, is a leading player in the Textile Chemicals industry. With a history dating back to 1922, the company has established itself as a key provider of chemical solutions for the textile sector. Asahi Kasei offers a wide range of innovative products and technologies that enhance the quality, performance, and sustainability of textiles. The company's comprehensive portfolio includes chemicals for dyeing, finishing, and printing, as well as functional additives for improving fabric properties. With a workforce of approximately 40,000 employees, Asahi Kasei generates annual revenue of around 10 billion dollars, making it a major player in the global textile chemicals market.
#12 Solvay SA
Employees: 27K
Revenue: 10.2B$
Website: https://www.solvay.com
Description: Solvay SA, headquartered in Brussels, Belgium, is a leading company in the Textile Chemicals industry. Founded in 1863, Solvay has a workforce of approximately 27,000 employees. The company generates an estimated revenue of 10.2 billion US dollars. Solvay specializes in the production and distribution of chemicals for the textile industry, providing innovative solutions for various textile applications. With a strong global presence, Solvay offers a wide range of products including dyes, pigments, finishing agents, and specialty chemicals. The company's commitment to sustainability and continuous research and development has made it a trusted partner for textile manufacturers worldwide.
#11 Covestro AG
Employees: 17K
Revenue: 14.2B$
Website: https://www.covestro.com/
Description: Covestro AG is a leading player in the Textile Chemicals industry. Headquartered in Leverkusen, Germany, the company operates in Europe. Covestro was founded in 2015 and currently employs approximately 17,000 people. With a revenue of 14.2 billion dollars, Covestro is a major contributor to the Chemicals sector. The company specializes in providing innovative chemical solutions for the textile industry, catering to diverse needs such as dyes, coatings, and functional chemicals. Covestro's commitment to sustainability and technological advancements has cemented its position as a key player in the Textile Chemicals industry.
#10 Evonik Industries AG
Employees: 37K
Revenue: 15.9B$
Website: https://www.evonik.com
Description: Evonik Industries AG is a leading company in the Textile Chemicals industry. With its headquarters in Essen, Germany, Evonik operates in Europe. The company was founded in 2007 and currently employs around 37,000 people worldwide. Evonik generates an annual revenue of approximately 15.9 billion USD. Evonik offers a wide range of innovative and sustainable solutions for the textile industry, including specialty chemicals and additives for textile processing, finishing, and performance enhancement. Their products are designed to improve the durability, functionality, and aesthetics of textiles, while also promoting sustainability and environmental responsibility. With a strong focus on research and development, Evonik continues to drive innovation in the Textile Chemicals industry and contribute to the advancement of the global textile sector.
#9 Toray Industries, Inc.
Employees: 45K
Revenue: 20B$
Website: https://www.toray.co.jp/
Description: Toray Industries, Inc., headquartered in Tokyo, Japan, is a leading company in the Textile Chemicals industry. With a history dating back to 1926, Toray has established itself as a major player in the market. The company operates globally and is known for its innovative solutions and high-quality products in the field of textile chemicals. Toray employs approximately 45,000 employees worldwide, who contribute to the company's annual revenue of around 20 billion dollars. With a strong focus on research and development, Toray continues to drive advancements in the Textile Chemicals industry, offering cutting-edge solutions to meet the evolving needs of the market.
#8 Sasol Limited
Employees: 32K
Revenue: 20B$
Website: https://www.sasol.com/
Description: Sasol Limited, headquartered in Johannesburg, South Africa, is a leading player in the Textile Chemicals industry. The company was founded in 1950 and currently employs approximately 32,000 people. With a revenue of 20 billion dollars, Sasol operates as a global integrated chemicals and energy company. In the Textile Chemicals sector, Sasol offers a wide range of innovative solutions and products, catering to the needs of textile manufacturers worldwide. Their expertise in this field allows them to provide high-quality chemicals and additives that enhance the performance, durability, and aesthetics of textile products, contributing to the growth and development of the industry.
#7 LG Chem Ltd.
Employees: 10K
Revenue: 25B$
Website: https://www.lgchem.com
Description: LG Chem Ltd. is a leading company in the Textile Chemicals industry. Headquartered in Seoul, South Korea, the company was founded in 1947. With a workforce of 10,000 employees, LG Chem has established itself as a major player in the industry. The company generates an impressive revenue of 25 billion US dollars. LG Chem specializes in the development and production of chemicals for the textile sector, providing innovative solutions to enhance the quality and performance of textiles. Their wide range of textile chemicals includes dyes, finishes, coatings, and auxiliaries, catering to the diverse needs of textile manufacturers worldwide. With a focus on sustainability and environmental responsibility, LG Chem continues to drive advancements in the textile chemicals industry, contributing to the growth and success of the global textile market.
#6 LyondellBasell Industries NV
Employees: 13.5K
Revenue: 34.9B$
Website: https://www.lyondellbasell.com
Description: LyondellBasell Industries NV is a leading global company in the Textile Chemicals industry. Headquartered in Rotterdam, Netherlands, the company was founded in 1953. With a workforce of approximately 13.5 thousand employees, LyondellBasell operates in various segments of the chemicals industry, including Textile Chemicals. The company specializes in the production and supply of chemicals used in the textile manufacturing process, such as dyes, finishes, and auxiliaries. LyondellBasell's products are known for their high quality and performance, meeting the specific needs of textile manufacturers worldwide. With a revenue of 34.9 billion dollars, LyondellBasell continues to be a major player in the global Textile Chemicals market, providing innovative solutions and driving the industry forward.
#5 SABIC
Employees: 34K
Revenue: 35B$
Website: https://www.sabic.com/
Description: SABIC is a leading global company operating in the Textile Chemicals industry. Headquartered in Riyadh, Saudi Arabia, SABIC has established itself as a major player in the market since its founding in 1976. With a workforce of approximately 34,000 employees, SABIC is dedicated to providing innovative solutions and high-quality products in the textile chemicals sector. The company's revenue is estimated to be around 35 billion dollars, making it one of the key players in the industry. SABIC's commitment to sustainability and continuous research and development has positioned it as a trusted partner for textile manufacturers worldwide.
#4 Bayer AG
Employees: 100K
Revenue: 39B$
Website: https://www.bayer.com/
Description: Bayer AG, headquartered in Leverkusen, Germany, is a leading player in the Textile Chemicals industry. With a rich history dating back to 1863, Bayer AG has established itself as a prominent name in the chemicals sector. The company employs approximately 100,000 professionals globally, demonstrating its extensive workforce and commitment to excellence. With an annual revenue of 39 billion dollars, Bayer AG has achieved significant success in the industry, maintaining its position as a key player in the global market. Through its innovative solutions and expertise in textile chemicals, Bayer AG continues to contribute to the growth and development of the industry, driving advancements in textile manufacturing processes and enhancing product quality.
#3 Dow Chemical Company
Employees: 36K
Revenue: 42B$
Website: https://www.dow.com
Description: Dow Chemical Company, headquartered in Midland, United States, is a leading player in the Textile Chemicals industry. Founded in 1897, the company has a workforce of approximately 36,000 employees. With an annual revenue of 42 billion dollars, Dow Chemical Company is a major contributor to the growth and development of the Textile Chemicals sector. The company's expertise in chemical manufacturing and solutions is utilized to provide innovative and sustainable textile chemicals to meet the evolving needs of the industry. Dow Chemical Company's commitment to research and development ensures that it remains at the forefront of technological advancements in the Textile Chemicals field.
#2 INEOS Group Holdings SA
Employees: 22K
Revenue: 61B$
Website: https://www.ineos.com/
Description: INEOS Group Holdings SA is a leading player in the Textile Chemicals industry. Headquartered in Lausanne, Switzerland, the company has been operating since its foundation in 1998. With a workforce of approximately 22,000 employees, INEOS Group Holdings SA is dedicated to providing innovative and sustainable solutions in the field of Textile Chemicals. The company's annual revenue reaches an impressive 61 billion US dollars, solidifying its position as a major player in the industry. INEOS Group Holdings SA is committed to driving growth and delivering value to its customers while maintaining a focus on environmental responsibility and sustainability.
#1 BASF SE
Employees: 122K
Revenue: 78.9B$
Website: https://www.basf.com
Description: BASF SE, headquartered in Ludwigshafen, Germany, is a leading player in the Textile Chemicals industry. Founded in 1865, the company operates globally and offers a wide range of innovative chemical solutions for the textile sector. With a workforce of approximately 122,000 employees, BASF SE is dedicated to delivering high-quality products and services to meet the evolving needs of its customers. The company's revenue amounted to 78.9 billion US dollars, solidifying its position as a key player in the industry. BASF SE continues to drive advancements in textile chemicals, providing sustainable and efficient solutions for the textile manufacturing process.
Summary
Textile Chemicals is a sub-industry within the larger Chemicals sector, and in our analysis, we have identified the top companies that are leading the way in this specialized field. These companies have achieved remarkable success and have been recognized for their significant accomplishments in the Textile Chemicals industry.
One surprising finding is the increasing focus on sustainability within the Textile Chemicals sector. Many of the top companies are now prioritizing eco-friendly and sustainable solutions, aligning with the growing consumer demand for environmentally responsible products.
Among the premier companies in the Textile Chemicals industry is Company A, which has consistently demonstrated excellence in innovation and product development. Company B is another notable firm, known for its strong market presence and extensive distribution network.
One common factor driving the prosperity of these leading firms is their commitment to research and development. They invest heavily in developing new and improved textile chemicals that offer superior performance and meet the evolving needs of the industry.
What sets these eminent companies apart from their rivals is their ability to provide tailored solutions to their clients. They work closely with textile manufacturers to understand their specific requirements and develop customized chemicals that enhance the quality and functionality of their products.