The global Industrial Textile Dyes Market is forecast to reach USD 10.13 Billion by 2026, according to a new report by Reports and Data. Textile Dyes are specialty dyes that are used in the apparel industry for coloring purposes. Textile dyes are also used in dying home textiles, industrial textiles, and many others.
The market for textile dyes is influenced by the rising demand for home furnishing products for decoration, the evolution of environment friendly dyes required by textiles industries, and the development of packaging industries, which require large textile dyes. Dying is one of the main attraction of any fabric, and it adds commercial value to the fabrics. Fabrics are dyed either by using dying solution or by printing, using dye pastes.
Top Companies Operating in the Global Industrial Textile Dyes Market:
Archroma, Tanatex Dyes, Vipul organics Ltd, DyStar Singapore Private Ltd, Zhejiang Runtu Co. Ltd., Jihua Group, S.A Robama, Organic Dyes and Pigments, Huntsman International LLC, and Kiri Industries Ltd.
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Further key findings from the report suggest
· The polyester segment accounts for a market share of 13.9% in the year 2018. Polyester is a type of fabric which is extremely difficult to dye since it is a synthetic fabric made from petroleum. It needs high temperature and pressure in order to dye this fabric.
· The textile industry is seeing growth due to an increase in demand for clothes with an increasing population, disposable income, and changing consumption pattern.
· Apparels account for the largest market share of 48.8% in the year 2018. China became the largest consumer of textile dyes owing to the ever-growing apparel and textile production, and on the huge production of viscose and cotton. China became a leader in world apparel and home textile (sheets and towel) production because of its low-cost labor compared with other countries.
· Home textile segment is forecasted to grow with a CAGR of 6.5% during the forecast period. This segment is witnessing a growth in the Asia Pacific region due to the high demand for traditionally crafted home textiles.
· Asia Pacific is forecasted to grow with the highest CAGR of 6.6% during the forecast period. Countries like India, China, and Japan are rapidly catching up with the growth in the textile chemical market. Textile production and dyes consumption have shifted from North America to Asia.
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Industrial Textile Dyes Market Segmentation
Fiber Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)
- Cotton
- Viscose
- Wool
- Nylon
- Polyester
- Acrylic
- Others
Dye Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)
- Direct Reactive
- Vat
- Basic
- Acid
- Disperse
- Others
Applications Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)
- Apparels
- Home Textile
- Industrial Textile
- Others
The report is written with the aid of industry analysts, market segmentation, and data collection in order to assist readers in making profitable business decisions. The report includes a comprehensive database of technical and product advances. It also provides information on growth rates and market value, as well as a thorough examination of niche market segments. The report provides strategic advice to newcomers and existing businesses about how to make profitable and well-informed business decisions.
The Industrial Textile Dyes Market has been segmented into key regions of the world and offers an analysis of growth rate, market share, current and emerging trends, production and consumption ratio, industrial chain analysis, demand and supply, import and export, revenue contribution, and presence of key players in each region. A country-wise analysis of the market is offered in the report to gain a better understanding of the regional spread and progress of the Industrial Textile Dyes Market.
The global Industrial Textile Dyes Market is segmented into:
· North America (U.S.A., Canada, Mexico)
· Europe (Italy, U.K., Germany, France, Rest of Europe)
· Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
· Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
· Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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