The increasing demand for apparel industries owing to the rise in demand for consumers and growth in population is propelling the market growth.
Textile Dyes Market Size – USD 6.38 Billion in 2018, Growth - CAGR of 5.7%, Trends – The advent of environment friendly textile dyes.
Reports and Data has recently published a novel research report on global Textile Dyes Market covering current market scenario and market developments between 2016 and 2026. The report offers in-depth analysis of historical and latest market trends along with revenue growth, market size, drivers, restraints, limitations and opportunities. The report is well curated using statistical methods such as SWOT analysis and Porter’s Five Force and presented using tables, graphs, charts, figures and other pictorial representations to help user understand the market dynamics. The data is collected using extensive primary and secondary research which is evaluated by experts and professionals in the industry.
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 textile dyes recently.
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Top Companies: 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, and Kiri Industries Ltd, among others.
Key Companies in the market include:
- 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 textile 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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Market Segmentation:
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
Key Regional Markets Covered in the Report:
North America (U.S.A., Canada, Mexico)
Europe (Italy, U.K., Germany, France, Rest of Europe)
Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)
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Key questions covered in the global Textile Dyes market report:
- What is the expected market size of the global Textile Dyes market during the forecast period?
- What factors are expected to hamper global Textile Dyes market growth over the forecast period?
- Which application segment is expected to dominate other application segments over the forecast period?
- Which region is expected to dominate in terms of revenue during the forecast period?
- What are the key outcomes of Porter’s Five Forces analysis and SWOT analysis?
- Which leading players are operating in the global Textile Dyes market?
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