DUBLIN, March 27, 2018 /PRNewswire/ --
The "ASEAN & South Asia Dyestuff for Textile Market by Type and by Country - Market Size, Share, Development, Growth, and Demand Forecast, 2013-2023" report has been added to ResearchAndMarkets.com's offering.
The growth of the ASEAN and South Asia dyestuff for textile market is mainly driven by the tremendously high demand of dyestuff from the home textile and automotive textile industries, in emerging economies.
The apparel industry is witnessing tremendous growth in the current scenario, owing to the surge in demand for apparels such as outerwear, jeans, t-shirts, innerwear, shorts, dresses, trousers, children's wear, and socks, across the world. For instance, as per NDP Group, Inc., in 2016, the apparel sales in the U.S. increased by 19% for men's, women's, and children's apparels. Accordingly, the demand for dyestuff (black color) used in the manufacturing process of these wide range of apparels is also growing.
Insights on Market Segments:
On the basis of type, the ASEAN and South Asia dyestuff for textile market is segmented into reactive dyes, disperse dyes, vat dyes, direct dyes, acid dyes, sulfur dyes, and others. Reactive dyes held the largest share of the ASEAN and South Asia dyestuff for textile market, in terms of both value and volume, in 2016. The main characteristic of reactive dyes is the formation of a covalent bond with cellulose, which is the key component of cotton fibers, making it the most permanent of all dyes. This makes reactive dyes a preferred choice over other dyes in the ASEAN and South Asia dyestuff for textile market.
In terms of value, disperse dyes are the fastest growing segment in the ASEAN and South Asia dyestuff for textile market, and are expected to maintain the same trend during the forecast period. This is due to the fact that among all types of dyes, only disperse dyes are effective for Normal polyester.
India stands as the largest dyestuff for textile market
India held the largest share of the ASEAN and South Asia dyestuff for textile market, in terms of both revenue and volume, in 2016. There has been a significant growth in the dyestuff industry during the last decade, which has created an export opportunity for India in the ASEAN and South Asia dyestuff for textile market. Due to the enforcement of strict pollution control norms, several units in countries such as the U.S., Germany, France, and the U.K., has resulted in a closure of units, which has given rise to capacity building in India, and has hence, made the country a largest market in dyestuff for textile.
Bangladesh held the second largest share of the ASEAN and South Asia dyestuff for textile market, in terms of both revenue and volume, in 2016. Bangladesh is emerging as an exporting nation of textile products. The demand of dyes in the country has increased significantly in recent years. Low-wage labor and easy raw material availability are some of the prime factors driving the country's dyestuff for textile market. The dyestuff sector is one of the important segments of the chemical industry in Bangladesh. The country imports almost 95.0% of the textile dyestuff, majorly from China, India, Thailand, Taiwan, Korea, Sri Lanka, U.S., Germany, Italy, Spain, Singapore, Switzerland, and Turkey.
Some of the key players operating in the ASEAN and South Asia dyestuff for textile industry are Huntsman Corporation; Krishna Dyestuff Company; Monarch Dyestuffs Industries and Exports Ltd.; Sumitomo Chemical Company, Limited; Lanxess AG; E.I. du Pont de Nemours and Company; BASF SE; Atul Ltd.; Hangzhou Sunshine Chemicals Co., Ltd; and Arkema Group.
Key Topics Covered:
1. Research Background
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.4 Key Stakeholders
2. Research Methodology
3. Executive Summary
4.1 Definition of Market Segments
4.1.1 by Type
22.214.171.124 Reactive dyes
126.96.36.199 Disperse dyes
188.8.131.52 Vat dyes
184.108.40.206 Direct dyes
220.127.116.11 Acid dyes
18.104.22.168 Sulfur dyes
22.214.171.124 Other dyes
4.2 Market Dynamics
126.96.36.199 Increase in adoption of natural dyes for fabric coloring
188.8.131.52 High uses of waterless dyeing
184.108.40.206 Increase in demand of technical textile
220.127.116.11 Growth in the apparel market
18.104.22.168 Increase in government support for the development of textile industry
22.214.171.124 Impact analysis of drivers on market forecast
126.96.36.199 High cost of dyestuffs
188.8.131.52 Hazardous wastewater generated by textile industry
184.108.40.206 Impact analysis of restraints on market forecast
220.127.116.11 Closure of textile units in developed countries due to strict pollution control norms
4.3 Porter's Five Forces Analysis
5. ASEAN & South Asia Market Size and Forecast
5.1 by Type
5.2 by Country
6. Market Size and Forecast by Country
7. Company Profiles & Benchmarking
- Arkema Group
- Atul Ltd.
- BASF SE
- E.I. Du Pont De Nemours and Company
- Hangzhou Sunshine Chemicals Co., Ltd.
- Huntsman Corporation
- Krishna Dyestuff Company
- Lanxess AG
- Monarch Dyestuffs Industries and Exports Ltd.
- Sumitomo Chemical Company, Limited
For more information about this report visit https://www.researchandmarkets.com/research/5cvt6v/asean_and_south?w=5
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SOURCE Research and Markets