Textile Dyestuff Market
Textile Dyestuff Market (Type - Acid Dye, Disperse Dye, Reactive Dye, Vat Dye, Azo Dye, Sulfur Dye; Raw Material - Benzene, Toluene, Naphthalene, Anthaquinone; Application - Apparels, Home and Institutional, Technical Textiles) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026
Press Release :
Global Textile Dyestuff Market: Overview
Dyestuff is a broad term used to refer to a range of dyes and pigment product. Dye can be further described as a coloring substance when applied on some material changes the color of the material permanently. It is mainly used to color fabrics. Some other end use industries of dyestuff are textile, paper, and leather. The demand for dyestuff is increasing as it improves aesthetics of the textile product and makes it more attractive.
According to the latest market report published by Transparency Market Research, the global textile dyestuff market was valued at around US$ 5 bn in 2017. The market is anticipated to expand at a CAGR of 5% from 2018 to 2026.
Growing Demand for apparels to Fuel Textile Dyestuff Market
The global dyestuff market is classified on the basis of type, raw material, and application. On the basis of type, the global dyestuff market is segmented into acid dye, disperse dye, reactive dye, vat dye, azo dye, and sulfur dye. Type of dyestuffs differ on the type of fibers that need to be dyed. Acid dyes are mainly used for silk fibers and leather. Disperse dyes are used for synthetic fibers. Reactive dyes best suits cellulosic fibers/cotton textile. Vat dyes are employed for blended fibers. Textile dyeing is mainly used to recycling of used textiles. Sulfur dye is used on the fiber having low brightness. Further, the manufacturing are ramping their investment towards research and development of better dyes has improved safety, ease of handling, and application accuracy.
On the basis of raw material, the global dyestuff market is segmented into benzene, toluene, naphthalene, anthaquinone. The global textile dyestuff market has witnessed various developments and technological advancements over the last few years. This has resulted in availability of superior raw material in the market than before.
Based on application, the global curcumin market is segmented into Apparels, Home and Institutional, Technical Textiles. Among all of them apparels segmented is projected to hold maximum share in the global dyestuff market. This is because of the increase demand of apparels among the common people owing to the increasing per capita income and rising disposable income.
Asia Pacific to continue its Dominance in Global Textile Dyestuff Market
In terms of region, the global curcumin market has been divided into North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America. Among them, Asia Pacific is projected to account for the largest market share in the overall textile dyestuff market. This is because of the rising urbanization and industrialization activities in the region. Apart from this, presence of end user industries in countries like China, India and Japan plays a vital role in the growth of the textile dyestuff market in the region.
Key players operating in the global textile dyestuff market are E. I. du Pont de Nemours and Company, BASF SE, Huntsman International LLC., Archroma International, Bozzetto Group, Dystar Group, Lanxess AG, Arkema SA, and Sumitomo Chemical Company Ltd.
Rising Popularity of Latest Apparel Designs to Augment Growth of Textile Dyestuff Market
The changing lifestyle, coupled with the rising disposable incomes of people will propel growth of the global textile dyestuff market in the near future. The interest inside the worldwide material dyestuff market is ascending at the rear of progressions in the apparel business. The requirement for passing on articles of clothing and clothes is among the main drivers of market interest. Besides, material kicking the bucket holds gigantic importance for the synthetic business as it helps in investigation of color properties. Material makers are needed to oblige the requirements of a heterogeneous blend of customers. This factor, combined with accessibility of improved kicking the bucket advances, has assumed a crucial job in market development.
In terms of application, the market for textile dyestuff is classified into technical textiles, home and institutional, and apparels. Among these, the market is dominated by apparel section on account of the increasing per capita income of people, coupled with the increasing demand for apparels.
The issue of maintainability and waste administration involves worry inside the material business. The developing commitment of material producers to water contamination has been addressed by tree huggers. This factor could hamper the development of the worldwide material dyestuff market in the years to follow. Nonetheless, an exploration led at the Texas Tech University offers expects market merchants. Analysts from the University have built up a technique to isolate poisonous colors from wastewater. Henceforth, the worldwide material dyestuff market is relied upon to acquire reasonable incomes at the rear of enhancements in waste administration.
Regionally, Asia Pacific is holding the highest share in the global textile dyestuff market owing to the growing urbanization and modernization, coupled with the increasing industrial activities. In addition to this, the presence of end user industries such as Japan, China, and India and the increasing popularity of local apparel designs and brands in the international market.
Textile Dyestuff Market - Overview
This report analyzes and forecasts the textile dyestuff market at the global and regional levels. The market has been forecast in terms of revenue (US$ Mn) and volume (tons) for the period from 2018 to 2026. The study includes drivers and restraints of the global textile dyestuff market. It also covers the expected impact of these drivers and restraints on the demand for textile dyestuff during the forecast period. The report also highlights opportunities in the global textile dyestuff market.
The report comprises detailed value chain analysis, which provides a comprehensive view of the global textile dyestuff market. Porter’s five forces model has also been included to help understand the competition landscape of the textile dyestuff market. The study encompasses market attractiveness analysis, wherein application segments have been benchmarked based on their market size, growth rate, and general attractiveness.
The study provides a decisive view of the textile dyestuff market by segmenting it in terms of type, raw material, and application. These segments have been analyzed based on present and future trends. Regional segmentation includes the current and projected demand for textile dyestuff in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report also covers the individual type and application segments of the market in every region. Key players operating in the textile dyestuff market are BASF SE, E. I. du Pont de Nemours and Company, Huntsman International LLC., Bozzetto Group, Archroma International, DyStar Group, Arkema SA, Lanxess AG, Sumitomo Chemical Company Ltd., Kiri Industries, Sudarshan Chemical Industries Limited, Zhejiang Longsheng Group Co., and CHT Group. Major players are adopting strategies such as vertical integration, geographical expansion, and upgrade in existing solutions and offerings.
Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments.
The report provides the estimated market size of the textile dyestuff market for 2017 and forecast for the next nine years. The size of the market has been provided in terms of revenue and volume. Market numbers have been estimated based on type, raw material, and application segments of the textile dyestuff market. Market size and forecast for each type, raw material, and application segment have been provided for the global and regional markets.
In order to compile the research report, in-depth interviews and discussions were conducted with a number of key market participants and opinion leaders. Primary research represents a bulk of research efforts, supplemented by extensive secondary research. Annual reports, press releases, and relevant documents were reviewed for competition analysis and market understanding. Secondary research also includes search of recent trends, technical writing, Internet sources, and statistical data from government websites, trade associations, and agencies. This has proved to be a highly reliable, effective, and successful approach for obtaining precise market data, capturing market participants’ insights, and recognizing business expansion opportunities.
- The report provides extensive analysis of trends in the global textile dyestuff market from 2018 to 2026 to identify growth opportunities and analyze market developments
- The report offers a list of key developments in the textile dyestuff market
- The report mentions a list of key factors useful for building a roadmap of upcoming opportunities for growth of the textile dyestuff market at the global, regional, and country levels
- The report offers comprehensive analysis regarding investments and price trends that are likely to impact the outlook for the global textile dyestuff market between 2018 and 2026
- The report provides insights into growth opportunities for various stakeholders in the value chain and a detailed competition landscape of key players operating in the market to help understand the competition level
- The Porters’ five forces analysis highlights the bargaining power of buyers and suppliers and enables stakeholders to make profit-oriented business decisions. By using the Porters’ five forces model, strengths and weaknesses of the textile dyestuff market have been analyzed.
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