Organic Dyes Market Revenue Share, Growth Factors, Trends, Analysis & Forecast, 2022–2026
The global Organic Dyes market is forecast to reach USD 10.13 Billion by 2026, according to a new report by Reports and Data. Organic Dyes are specialty dyes that are used in the apparel industry for coloring purposes. Organic Dyes are also used in dying home textiles, industrial textiles, and many others.
The market for Organic Dyes is influenced by the
rising demand for home furnishing products for decoration, the evolution of
environment friendly dyes required by textiles industries, and the development
of packaging industries, which require large Organic Dyes. Dying is one of the
main attraction of any fabric, and it adds commercial value to the fabrics.
Fabrics are dyed either by using dying solution or by printing, using dye
pastes.
The above-mentioned factors collectively create opportunities
for the market growth while factors such as unfavorable effects of Organic Dyes
pose limitations in the market. However, each factor would have a definite
impact on the market during the forecast period. Consistent advancements in the
dyes market owing to innovative efforts have enhanced the efficiency of Organic
Dyes.
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The demography of Asia Pacific has been shifting
towards the young population, and the purchasing potential of this young
population is also increasing. Most of the developing countries are looking at
India and China as the global market. These countries consists of over 40% population
across the globe and applications of technical textiles in this region will
grow with a very high rate. The trade war between the United States and China
is affecting the market of Organic Dyes recently.
Competitive
Landscape:
The report also covers
SWOT examination and Porter’s Five Forces analysis to offer details about
leading players. The key players in the market are focusing on developing new
strategies such as mergers and acquisition, joint ventures, new product
launches, agreements, and partnerships to retain their market position and
expand their product base.
Leading
companies operating in the market and profiled in the report include:
· Archroma
· Tanatex
Dyes
· Vipul
organics Ltd
· DyStar
Singapore Private Ltd
· Zhejiang
Runtu Co. Ltd
· Jihua
Group
· S.A
Robama
· Organic
Dyes and Pigments
· Huntsman
International LLC
· Kiri
Industries Ltd,
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Further key findings from the report
suggest
- The
polyester segment accounts for a market share of 13.9% in the year 2018.
Polyester is a type of fabric which is extremely difficult to dye since it
is a synthetic fabric made from petroleum. It needs high temperature and
pressure in order to dye this fabric.
- The
textile industry is seeing growth due to an increase in demand for clothes
with an increasing population, disposable income, and changing consumption
pattern.
- Apparels
account for the largest market share of 48.8% in the year 2018. China
became the largest consumer of Organic Dyes owing to the ever-growing
apparel and textile production, and on the huge production of viscose and
cotton. China became a leader in world apparel and home textile (sheets
and towel) production because of its low-cost labor compared with other
countries.
- Home
textile segment is forecasted to grow with a CAGR of 6.5% during the
forecast period. This segment is witnessing a growth in the Asia Pacific
region due to the high demand for traditionally crafted home textiles.
- Asia
Pacific is forecasted to grow with the highest CAGR of 6.6% during the
forecast period. Countries like India, China, and Japan are rapidly
catching up with the growth in the textile chemical market. Textile
production and dyes consumption have shifted from North America to Asia.
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For the purpose of this report, Reports and Data have
segmented into the global Textile Chemicals market on the basis of fiber type,
dye type, application, and region:
Fiber Type Outlook (Volume, Kilo Tons;
Revenue, USD Billion; 2016-2026)
- Cotton
- Viscose
- Wool
- Nylon
- Polyester
- Acrylic
- Others
Dye Type Outlook (Volume, Kilo Tons;
Revenue, USD Billion; 2016-2026)
- Direct
Reactive
- Vat
- Basic
- Acid
- Disperse
- Others
Applications Outlook (Volume, Kilo Tons;
Revenue, USD Billion; 2016-2026)
- Apparels
- Home
Textile
- Industrial
Textile
- Others
Regional Outlook (Volume, Kilo Tons;
Revenue, USD Billion; 2016-2026)
- North
America
- Europe
- Asia
Pacific
- MEA
- Latin
America
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