The global 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.
The above-mentioned factors collectively
create opportunities for the market growth while factors such as unfavorable
effects of textile 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 dyes market owing to innovative efforts have
enhanced the efficiency of textile dyes.
The demography of Asia Pacific
has been shifting towards the young population, and the purchasing potential of
this young population is also increasing. Most of the developing countries are
looking at India and China as the global market. These countries consists of
over 40% population across the globe and applications of technical textiles in
this region will grow with a very high rate. The trade war between the United
States and China is affecting the market of textile dyes recently.
To identify the key trends in
the industry, click on the link below:
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.
- Key participants 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, among others.
Complete Report Info is Available @ https://www.reportsanddata.com/sample-enquiry-form/1848
For the purpose of this report,
Reports and Data have segmented into the global Textile Chemicals market on the
basis of fiber type, dye type, application, and region:
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
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
Make an Inquiry at: https://www.reportsanddata.com/make-enquiry-form/1848
No comments:
Post a Comment