Market Research Report
Textile Dyes Market by Dye Type (Direct, Reactive, VAT, Basic, Acid, Disperse, and Others), and Fiber Type (Wool, Polyester, Acrylic and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026
|Textile Dyes Market by Dye Type (Direct, Reactive, VAT, Basic, Acid, Disperse, and Others), and Fiber Type (Wool, Polyester, Acrylic and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026|
Published: March 5, 2020
Allied Market Research
Content info: 192 Pages
Delivery time: 2-3 business days
The global textile dyes market was valued at $9.4 billion in 2018 and is projected to reach $15.5 billion by 2026, growing at a CAGR of 6.3% from 2019 to 2026. Dyes are coloring substances that are used to color textiles, especially for denim products, polyester fiber, cotton, nylon, silk, wool, fur, and carpet. Different chemicals and dyes are used during dyeing in textile production plants. During the selection of dyes, various factors such as process cost, lightfastness, rubbing, and reaction to washing are considered.
Upsurge in production of textiles in developing countries to meet the rise in consumer demand, low cost of labor, and increase in population are the various factors that drive the growth of the global textile dyes industry. However, the market growth is hampered due to implementation of various health & environment regulations toward the use of textile dyes. This is attributed to the fact that these dyes contain toxic substances such as arsenic, lead and heavy metals, which increase environmental pollution, thereby negatively impacting the growth of the textile dye industry. Textile dyeing processes consume huge amount of water as a solvent. Hence, development of new processes that minimize the water wastage is anticipated to create a significant opportunity for the market growth.
The global textile dyes market is segmented into dye type, fiber type, and region. Depending on dye type, the market is classified into direct, reactive, VAT, basic, acid, disperse, and others. On the basis of fiber type, the market is categorized into wool, polyester, acrylic and others. Region wise, the global textile dyes market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Increase in urbanization, product innovation, rise in industrialization, and exponential growth of the online fashion sector in Asia-Pacific fuel the demand for textile dyes in this region. China and India are the nations contributing significantly to the market share of the Asia-Pacific textile dyes market.
Key players operating the global market include Agrofert S.A., Archroma, Chromatech Incorporated, Colourtex, DuPont., Hollindia International B.V., Huntsman Corporation, Jay Chemicals Industries Ltd., Kiri Industries ltd. (Kiri), and Organic Dyes and Pigments.
It outlines the current textile dyes market trends and future scenario of the textile dyes market size from 2018 to 2026 to understand the prevailing opportunities and potential investment pockets.
Porter's five forces analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
Major countries in the region have been mapped according to their individual revenue contribution in the textile dyes market analysis at the regional and country-level market.
The key drivers, restraints, and textile dyes market opportunities and their detailed impact analyses are elucidated in the study.
The profiles of key players along with their key strategic developments are enlisted in the report.
By Dye Type
By Fiber Type
LIST OF TABLES
LIST OF FIGURES