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Southeast Asia Emerges as Powerhouse, Reshaping Global Textile Chemicals Landscape
The ongoing shift of textile and apparel manufacturing to Southeast Asia is creating a massive new epicenter for auxiliary demand. Countries like Vietnam, Bangladesh, and Indonesia are not just production sites but are now attracting significant investment in local chemical blending and formulation facilities. This regionalization reduces lead times and logistics costs for garment producers. International and local chemical firms are establishing joint ventures and building modern plants to capture this growth, making Southeast Asia the most dynamic and competitive market for textile chemicals worldwide.