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Textile Dyes Market, 2024 - Growing Development of Low-Voc and Eco-Friendly Products

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Research and Markets

Jul 26, 2019, 13:45 ET

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DUBLIN, July 26, 2019 /PRNewswire/ -- The "Textile Dyes Market by Dye Type, Fiber Type, and Region - Global Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.

Market Dynamics

Drivers

  • Low-Cost of Manufacturing in APAC Countries
  • High Demand for Textile Dyes in APAC

Restraints

  • Stringent Environmental Regulations

Opportunities

  • Growing Development of Low-Voc and Eco-Friendly Products

Challenges

  • Overcapacity of Dyestuffs
  • Us-China Trade War

The textile dyes market is projected to grow from USD 8.2 billion in 2019 to USD 10.9 billion by 2024, at a CAGR of 5.9%, between 2019 and 2024. APAC is the largest consumer of textile dyes.

Low-cost of manufacturing in APAC countries and the high demand for textile dyes in the region are driving the demand for textile dyes.

Reactive is the fastest-growing dye type of the textile dyes market.

Reactive dyes are most compatible with cellulose fibers. Common fabrics for this type of dye include rayon, cotton, and some nylons. Major drivers of this dye type include better environmental performance, low cost, and improved technical properties such as good wash-fastness and a wide range of color compatibility.

Cotton is the largest fiber type of the textile dyes market.

Cotton fibers are known to be particularly durable and resistant to abrasions. These fibers can retain many dyes and are washable and iron-able, which make the textiles suitable for the mass production of clothing products. This type of textile yarn has been in demand owing to its properties that allow the end product to have low maintenance.

APAC is the largest and projected to be the fastest-growing textile dyes market.

APAC is the largest as well as the fastest-growing textile dyes market. It encompasses a diverse range of economies with different levels of economic development and multiple industries. Textile dyes manufacturers are targeting this region as it is the largest market for textiles due to the high demand for apparel & clothing. The growth is mainly attributed to the rising demand for textile and garment products from the large population in the region. The key market players are expanding their textile dyes production in APAC, especially in China and India.

The key companies profiled in this report are the Huntsman Corporation (US), Kiri Industries (India), Zhejiang Longsheng Group Co., Ltd. (China), LANXESS AG (Germany), and Archroma Management LLC (Switzerland).

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Textile Dyes Market
4.2 Textile Dyes Market, By Dye Type
4.3 APAC Textile Dyes Market, By Fiber Type and Country
4.4 Overview of Textile Dyes Market
4.5 Textile Dyes Market: Developed vs. Developing Countries
4.6 Textile Dyes Market: Growing Demand From APAC

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.3 Porter's Five Forces Analysis
5.4 Macroeconomic Overview and Key Trends
5.4.1 Introduction
5.4.1.1 Trends and Forecast of GDP
5.4.2 Trends in the Textile Industry

6 Textile Dyes Market, By Dye Type
6.1 Introduction
6.2 Cellulose
6.2.1 Direct
6.2.1.1 Affordable Price is Expected to Increase the Demand for Direct Dyes
6.2.2 Reactive
6.2.2.1 Better Environmental Performance, Need for Low-Cost Products, and Improved Technical Properties Make It the Fastest-Growing Dye Type
6.2.3 VAT
6.2.3.1 Better Fastness Properties Over Other Dye Type are Likely to Boost the Demand for VAT Dyes
6.2.4 Basic
6.2.4.1 Growth in Jute Dyeing and Acrylic Fibers Dyeing is Expected to Influence the Basic Dyes Segment Positively
6.3 Protein
6.3.1 Acid
6.3.1.1 Growth in Silk, Wool, and Nylon Fiber Markets is Expected to Spur the Demand for Acid Dyes
6.4 Synthetic
6.4.1 Disperse
6.4.1.1 High Demand for Polyester Fibers is Likely to Boost the Disperse Dyes Segment
6.5 Others

7 Textile Dyes Market, By Fiber Type
7.1 Introduction
7.2 Wool
7.2.1 The Demand for Woolen Textile has Slowed Down Due to High Cost and Maintenance
7.3 Nylon
7.3.1 Applicability in Apparel and Industrial Segments is Likely to Spur the Demand for Nylon Fibers
7.4 Cotton
7.4.1 Superior Properties of Cotton Make It Appropriate for Mass Production of Clothing Products
7.5 Viscose
7.5.1 Viscose is Compatible With Various Dye Types
7.6 Polyester
7.6.1 The Demand for Polyester Textile Fiber is Increasing Due to Its Water and Fire-Resistance Properties
7.7 Acrylic
7.7.1 Increasing Applications of Acrylic Fiber are Expected to Boost the Demand for Textile Dyes
7.8 Others

8 Textile Dyes Market, By Region

9 Competitive Landscape
9.1 Overview
9.2 Competitive Leadership Mapping, 2018
9.2.1 Visionary Leaders
9.2.2 Innovators
9.2.3 Dynamic Differentiators
9.2.4 Emerging Companies
9.3 Competitive Benchmarking
9.3.1 Strength of Product Portfolio
9.3.2 Business Strategy Excellence
9.4 Market Ranking of Key Players
9.5 Competitive Situation & Trends
9.5.1 Merger & Acquisition
9.5.2 New Product Launch

Company Profiles: Business Overview, Products Offered, Recent Developments, SWOT Analysis

  • Huntsman Corporation
  • Kiri Industries Ltd.
  • Atul Ltd.
  • LANXESS AG
  • Zhejiang Longsheng Group Co., Ltd.
  • Zhejiang Runtu Co., Ltd.
  • Jihua Group
  • Archroma Management LLC.
  • Colorant Limited
  • JAY Chemical Industries Limited
  • Jiangsu Yabang Dyestuff Co., Ltd
  • Shanghai Anoky Group Co., Ltd
  • Shandong Qing Shun Chemical Co., Ltd.
  • Jiangsu Zhijiang Chemical Co., Ltd.
  • Eksoy Kimya Sanayi Ve Ticaret Anonim Sirketi

Other Key Companies

  • Colourtex
  • Pentachem Industries
  • Organic Dyes and Pigments LLC
  • Italia Incorporation
  • Synthesia, A.S.
  • Hollindia International B.V.
  • E. I. Du Pont De Nemours & Co.
  • Chromatech Incorporated
  • Greenville Colorants, LLC
  • Akik Dye Chem

For more information about this report visit https://www.researchandmarkets.com/r/wdyyg

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]   

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SOURCE Research and Markets

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