The global paper
dyes market is forecast to reach USD 1.18 Billion by 2026, according
to a new report by Reports and Data. Paper Dyes are specialty chemicals that
are used in the paper manufacturing industry for various purposes because it
displays magnificent properties like good affinity, bleed fastness, light
fastness, right shade, reasonable pricing, stability to temperature and many
others.
The market is influenced by the
rising demand for decorative purposes, the evolution of environmentally
friendly paper dyes required by packaging industries, and development of
printing industries, which require a large amount of paper dyes. The increase
in digitalization and the volatile market price of raw material is affecting
the market of the packaging industry.
The above-mentioned factors
collectively create opportunities for the market growth while factors such as
unfavorable effects of paper dyes pose limitations in the market. However, each
factor would have a definite impact on the market during the forecast period.
Consistent advancements in the paper dyes market owing to innovative efforts
have enhanced the efficiency of paper dyes.
Demographically the Asia Pacific
region is the major consumer of paper since the packaging industry in this
region is growing and the packaging industry needs dyed paper. Therefore the
Asia Pacific region is experiencing a significant growth rate during the
forecast period.
To identify the key trends in
the industry, click on the link below:
Further key findings from the
report suggest
- Direct Dyes held a market share of 36.7% in the year
2018. Direct Dyes have better light fastness, ease of application, minimum
dye cycle, resistance against fading in light, cheaper compared to other
dyes and is reactive to dyed shades. This dye can be used in the same bath
with acid dyes.
- Advanced high speed machines are driving the trend of
depletion in the use of traditional basic dyes and increasingly giving way
to specialty modified Basic and Direct Dyes.
- Liquid form dyes are forecasted to grow with a CAGR
of 3.4% during the forecast period. This form of dye is homogeneous in
nature and are clean and dustless compared to that of powder dyes. The
liquid paper dye dissolves faster compared to powder variants. This dye is
preferred since it is non-toxic and eco-friendly.
- Packaging and Board Industry held the largest market
share of 27.3% in the year 2018. China became the largest consumer of
paper dyes owing to the ever-growing packaging industry. China became a
leader in world plastic production because of its low-cost labor compared
with other countries, and they use dyed papers for packaging.
- Asia Pacific is forecasted to grow with the highest
CAGR of 3.6% during the forecast period. Countries like India, China, and
Japan are rapidly catching up with the growth in the paper dye market.
There are limited regulations related to the manufacturing of paper dyes
in the Asia Pacific region which is propelling the market.
- Key participants Archroma, Celanese, Sumitomo, Merck
KGaA, Thermax, Vipul Organics, DyStar, BASF, Ashok Alco-chem, Jubilant
Life Sciences, among others.
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For the purpose of this report,
Reports and Data have segmented into the global market on the basis of form,
product type, applications, and region:
Form Outlook (Volume, Kilo
Tons; Revenue, USD Billion; 2016-2026)
- Powder Form
- Liquid Form
Product Type Outlook (Volume,
Kilo Tons; Revenue, USD Billion; 2016-2026)
- Sulfur Dyes
- Direct Dyes
- Acid Dyes
- Basic Dyes
Applications Outlook (Volume,
Kilo Tons; Revenue, USD Billion; 2016-2026)
- Packaging and Board
- Coated Paper
- Tissues
- Writing and Printing
- Others
Regional Outlook (Volume, Kilo
Tons; Revenue, USD Billion; 2016-2026)
- North America
- U.S.
- Europe
- UK
- France
- Asia Pacific
- China
- India
- Japan
- MEA
- Latin America
- Brazil
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