Wednesday, 19 December 2018

Global Textile Dyes Market – Industry Insights, Growth Drivers, Analysis and Forecast 2024


Textile Dyes Market

Industry Overview
Dyes are the coloring material that is used to color commodities. The textile industry used different chemicals and dyes during the textile production. Textile dyes are used in textile industry, which is the process of adding colors to the textile products which includes wool, silk yarns, fabrics, and others. These dyes are applied to textile by dyeing using dye solutions and by printing using dye pastes. The dye use depends upon the type of material along with some specific requirements which has to be met. There are various factors which need to be considered during the selection of dye such as fastness to light, process cost, reaction to washing and rubbing, and others.

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Insight by Type
On the basis of type, the textile dyes market is segmented into direct dyes, acid dyes, basic dyes, fiber-reactive dyes, vat dyes, mordant dyes, solvent dyes, disperse dyes, and others. Of all these, during the forecast period, the disperse dyes are projected to hold the largest share in the market, as they are able to retain better substantivity for hydrophobic fibers such as nylon, polyester, and acetate, as compared to other dyes. Additionally, this is the most important class of dye which is used in dyeing polyester fibers and also provides good build-up and fastness properties.

Geographic Overview
Asia-Pacific is anticipated to achieve the highest growth in the textile dyes market during the forecast period. This can be attributed to various factors such as low labor cost, east availability of raw material, less stringent rules and regulations, growing population, and others. Along with that, the growing and strengthening economies of China and India are also adding to the market growth, as both the countries are attracting significant investment from international players, resulting in the region’s textile dyes market growth.

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Competitive Insight
Huntsman Corporation, Atul Ltd., Lanxess AG, Colorant Limited, Kiri Industries Ltd., Zhejiang Longsheng Group Co., Jay Chemical Industries Limited, Sumitomo Chemical Co., Ltd., DowDuPont Inc., Organic Dyes and Pigments LlC, and Avocet Dye & Chemical Co. Ltd. are some of the major players operating in the textile dyes market.

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