Global Textile Dyes Market is valued at approximately USD 10.61 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 4.60% over the forecast period 2022-2028. Textile dyes are coloring chemicals or pigments used to give textiles a specific appearance. Fibers such as wool, nylon, cotton, viscose, polyester, acrylic, and many others are colored by the usage of these dyes. The thriving growth of the textiles & apparel industry, the rising trend for better home decor and aesthetics, coupled with the low manufacturing cost in emerging regions are major factors propelling the growth of the global market. For instance, as per the Indian Brand Equity Foundation (IBEF), the Indian textile and apparel export sector accounted for USD 30 billion in 2020 and is expected to reach USD 65 billion by the year 2026. Therefore, the rising demand for textile and apparel worldwide is stimulating the demand for textile dyes, which, in turn, augment the market growth across the globe. However, stringent environmental regulations regarding the disposal of textile effluents impede the growth of the market over the forecast period of 2022-2028. Also, renewed interest in low-VOC and eco-friendly products and increasing adoption of biodegradable materials for textile manufacturing are anticipated to act as catalyzing factors for the market demand during the forecast period.
The key regions considered for the global Textile Dyes Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia-Pacific is the leading region across the world in terms of market share owing to the flourishing development of the textile and apparel sector and the availability of cheap labor. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the increasing population, as well as, less stringent regulations, would create lucrative growth prospects for the Textile Dyes Market across the Asia-Pacific region.
Major market players included in this report are:
Agrofert a.s.
Archroma
Chromatech Incorporated
Colourtex
DuPont
Hollindia International B.V.
Huntsman Corporation
Jay Chemical Industries Ltd.
Kiri Industries Ltd.
Organic Dyes and Pigments (ORCO)
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Fiber Type:
Wool
Nylon
Cotton
Viscose
Polyester
Acrylic
Others
By Dye Type:
Direct
Reactive
Basic
Acid
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global Textile Dyes Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors