The report covers the market for textile dyes and its applications across different industry verticals and regions. It aims at estimating the market size and potential of the textile dyes market across different dye types, fiber types, and regions. The report also includes an in-depth competitive analysis of the key market players, along with their company profiles, recent developments, and key market strategies.
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The increasing demand for textile dyes in various fiber markets is driving the market growth. In terms of value, the global market size is estimated at USD 7.34 Billion in 2017 and is projected to reach USD 9.82 Billion by 2022, at a CAGR of 6.00% between 2017 and 2022.
APAC accounts for a major share of the overall textile dyes market; major factors driving the growth in this region include the high demand of textile and fabrics in APAC countries.
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Textile Dyes Market, By Dye Type:
Textile Dyes Market, By Fiber Type:
The cotton segment is expected to be the fastest-growing fiber type segment of the textile dyes market during the forecast period. Properties such as durability and abrasive resistance of textile dyes are the key drivers for the increase in demand from this segment.
These properties make the textiles derived from cotton appropriate for mass-produced clothing products.
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APAC region is expected to witness the highest growth during the forecast period. The growth in this market is driven by the high demand for textile and fabrics in APAC countries.
In addition, several new competitors as well as consumers entering the global market with larger presence in APAC countries due to factors such as low labor cost and growing demand owing to the large regional population are driving the textile dyes market in APAC.
Key Target Audience:
- Manufacturers of Textile Dyes
- Raw Material Suppliers
- Traders, Distributors, and Suppliers of Textile dyes
- Government & Regional Agencies and Research Organizations
- Investment Research Firms
Key companies profiled in Textile Dyes market research report include Archroma (Switzerland), Huntsman (US), Kiri Industries (India), Lanxess (Germany), and Zhejiang Longsheng Group Co (China), among others.
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Drivers for market growth in APAC countries include the low labor cost and growing demand for textile dyes owing to the large population in region. Strengthening economy of countries such as China and India attracts new investments.
In addition, policies mandating the use of environment-friendly and low-VOC products have led to innovation in the textile dyes industry of the region.
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