Global Dyestuff (Black Color) Market: Snapshot
The global market for black color dyestuff is gaining substantially from the increasing demand for technical textiles across the world. Apart from this, the growing demand for black color dyestuff in the production of textile fibers is also boosting this market significantly. The market, which stood at US$1.1 bn in 2013, is anticipated to proliferate at a CAGR of 80% over the period from 2014 to 2020 and reach US$1.88 bn by the end of 2020.
Although the global black color dyestuff market looks thriving, it may face severe challenges from the volatile prices of raw materials and the implementation of stringent regulations regarding the utilization of synthetic dyestuff in the years to come.
Polyester to Remain Most Valued Product
The global market for black color dyestuff is broadly evaluated on the basis of the product and the end user. Based on the product, the market is categorized into nylon, polyester, acrylic, and several other fibers, such as olefin. With a share of 56%, the polyester segment led the global market for dyestuff (black color) used for textile fiber in 2013. Research analysts expect this segment to report a faster growth rate than other segments in the near future, ensuring its future dominance. The rising demand for polyester fibers in apparels and home textiles is predicted to boost this segment remarkably in the years to come.
In terms of the application, the worldwide dyestuff (black color) market is classified into the apparels, home textiles, agriculture, protective clothing, and the automotive industries. In 2013, the apparel industry emerged as the key end user of black color dyestuff with a share of more than 53%. The segment is projected to continue as the leading consumer over the next few years. The demand for black color dyestuff will also increase in the agriculture, protective clothing, and the automotive industries in the near future, thanks to the augmenting demand for technical textiles across the world.
Asia Pacific to Remain on Top
The worldwide market for dyestuff (black color) for textile fibers reports its reach across Asia Pacific (APAC), North America, Europe, and the Rest of the World (RoW). Asia Pacific surfaced as the dominating regional market for black color dyestuff in 2013 with a share of more than 55%. Thanks to the increasing demand from various industries, such geotextiles, and the increasing production of textile fibers the Asia Pacific market for black color dyestuff is estimated to report exceptional rise in the near future.
The report analyzes and forecasts the market for dyestuff (black color) for textile fibers on the global and regional level. Demand has been forecast based on volumes (kilo tons) and revenue (USD million) from 2014 to 2020. The study includes drivers and restraints for the dyestuff (black color) market for textile fibers along with their impact on demand during the forecast period. The report also comprises the study of opportunities available in the dyestuff (black color) market for textile fibers on the global and regional level.
We have included a detailed value chain analysis to provide a comprehensive view of the dyestuff (black color) market for textile fibers. Analysis of Porter’s five forces model for the dyestuff (black color) market for textile fibers has also been included to help understand the competitive landscape in the market. The study encompasses the market attractiveness analysis, wherein product segments are benchmarked based on their market size, growth rate and general attractiveness.
The study provides a decisive view on the dyestuff (black color) market for textile fibers by segmenting it in terms of products and end-users. All the products and end-user segments have been analyzed based on present and future trends, and the market has been estimated from 2014 to 2020. Regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific and Rest of the World (RoW). The report also includes demand for individual applications and product segments in all the regions.
The study includes company profiles of major participants operating in the global dyestuff (black color) market for textile fibers. Key market players profiled in the report include Sumitomo Chemical Company Ltd., Clariant AG, Huntsman Corporation, BASF SE, Arkema SA, DuPont, Kemira, Lanxess AG, Rockwood Pigments, Inc. and Kiri Industries Ltd. Market players are profiled with attributes such as company overview, financial overview, business strategies and recent developments.
Inflation is not a part of pricing in this report. Prices of dyestuff (black color) for textile fibers vary in each region. Hence, a similar volume-to-revenue ratio does not follow for each individual region. The same price for each application has been taken into account while estimating and forecasting market revenue on the global basis. Regional average price has been considered while breaking down this market by end application in each region. The report provides the market size of dyestuff (black color) for textile fibers for 2013, and forecast for the next six years. The global market size of dyestuff (black color) for textile fibers is provided in terms of both volume as well as revenue. Market volumes are defined in kilo tons, while market revenue is in USD million. Market numbers are estimated based on various product segments of the dyestuff (black color) market for textile fibers and key end-user markets. Market size and forecast for each major end-user is provided in the context of the global as well as regional market.
In order to compile the research report, we conducted in-depth interviews and discussions with a wide range of key industry participants and opinion leaders. Primary research represents the bulk of research efforts, supplemented by an extensive secondary research. We reviewed key players’ product literature, annual reports, press releases and relevant documents for competitive analysis and market understanding. Secondary research also includes a search of recent trade, technical writing, internet sources, and statistical data from government websites, trade associations and agencies. This has proven to be the most reliable, effective and successful approach for obtaining precise market data, capturing industry participants’ insights and recognizing business opportunities.
Dyestuff (Black Color) Market for Textile Fibers: Product Segment Analysis
- Others (including olefin, etc.)
Dyestuff (Black Color) Market for Textile Fibers: End-user Analysis
- Home textiles
- Others (including automotive, agriculture, protective clothing, etc.)
Dyestuff (Black Color) Market for Textile Fibers: Regional Analysis
- North America
- RoW (South America, Africa and the Middle East)