ASEAN & South Asia Dyestuff for Textile Market 2013-2017 & 2023 - Focus on Reactive Dyes, Disperse Dyes, Vat Dyes, Direct Dyes, Acid Dyes, Sulfur Dyes & Others
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.
Competitive Landscape:
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. Introduction
4.1 Definition of Market Segments
4.1.1 by Type
4.1.1.1 Reactive dyes
4.1.1.2 Disperse dyes
4.1.1.3 Vat dyes
4.1.1.4 Direct dyes
4.1.1.5 Acid dyes
4.1.1.6 Sulfur dyes
4.1.1.7 Other dyes
4.2 Market Dynamics
4.2.1 Trends
4.2.1.1 Increase in adoption of natural dyes for fabric coloring
4.2.1.2 High uses of waterless dyeing
4.2.2 Drivers
4.2.2.1 Increase in demand of technical textile
4.2.2.2 Growth in the apparel market
4.2.2.3 Increase in government support for the development of textile industry
4.2.2.4 Impact analysis of drivers on market forecast
4.2.3 Restraints
4.2.3.1 High cost of dyestuffs
4.2.3.2 Hazardous wastewater generated by textile industry
4.2.3.3 Impact analysis of restraints on market forecast
4.2.4 Opportunities
4.2.4.1 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
Media Contact:
Laura Wood, Senior Manager
[email protected]
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
SOURCE Research and Markets
Share this article