Group 1 - The textile chemicals industry is undergoing transformation driven by regional shifts, technological innovation, and an emphasis on sustainability, with sustainability being the core driver for the future of textile chemicals [1] - In 2024, the global consumption of specialty chemicals for textile yarn preparation, fabric formation, and finishing is projected to reach 4.9 million tons, with a market value of $21 billion [1] - Asia remains the primary production and consumption region for textile chemicals, particularly in China, South Asia, and Southeast Asia, with South Asia and Southeast Asia, the Middle East, and Africa expected to grow at rates significantly higher than the global average of 2.7% over the next five years [1] Group 2 - Technological advancements, including digital dyeing, enzyme-based finishing agents, blockchain traceability, and AI-driven formulations, are reshaping the textile chemicals landscape, although challenges such as raw material price volatility, a shortage of green chemistry talent, and geopolitical tensions persist [2] - The demand for specialty textile chemicals is complex and closely related to overall textile production, with specific chemicals required varying by fiber and fabric type, end textile products, dyes, pigments, and production machinery [2] - Dyes and pigments are the most used chemicals in textile processing, driven by the growth of the fashion industry and consumer preferences for vibrant colors and durable textiles, with dyes expected to account for nearly 35% of global textile chemical consumption in 2024 [2]