The Global Market for Textile Dyes is Projected to Reach US$8.3 Billion by 2020

Robust Demand for High-Performance, Eco-Friendly Dyes Drives the Global Textile Dyes Market, According to a New Report by Global Industry Analysts, Inc.

GIA announces the release of a comprehensive global report on Textile Dyes. The global market for Textile Dyes is projected to reach US$8.3 billion by 2020, driven by strong textile production activity in developing countries, and robust demand for high-performance, eco-friendly dyes.

Coloring of fabrics, yarns, and fibers is a crucial process in textile manufacturing. Textile dyes, therefore, represent an important chemical feedstock in textile production. Growth in the market is driven by rising demand for sustainable textiles and clothing and expansion in textile production activity in low cost Asian countries such as China, India, and Bangladesh. The growing global focus on curbing the carbon footprint of manufacturing industries is bringing the textile industry under the scanner. Faced with the need to comply with stringent regulations, manufacturers are limiting the use of toxic substances such as lead, arsenic, and heavy metals in dyes, colorants and pigments. The scenario is creating new market opportunities for biodegradable and nontoxic dyes. As a result, chemical manufacturers are stepping up their investments in the development environment friendly dyes such as natural dyes.

Natural dyes are widely used for coloring leather and fibers such as silk, cotton and wool. Sales of natural dyes are forecast to increase, supported by the growing consumer preference for organic printed fabric and non-allergic textile materials. The growing popularity of organic textiles is additionally benefiting demand for eco-friendly textile chemicals. Technology developments and innovation in production techniques are helping make natural dyes as colorfast as synthetic chemical dyes, thus encouraging their adoption among a wider base of apparel producers. Demand is forecast to grow strongly for plant based dyes such as, saffron, madder, and woad.

Escalating severity of the water shortage crisis and growing concerns over water pollution are encouraging the development of water free dyeing technologies. Ultrasonic Technology, Waterless dyeing technology, Plasma and Electrochemical dyeing processes are few such techniques gaining interest in the textile industry. As stated by the new market research report on Textile Dyes, Asia-Pacific represents the largest and the fastest growing market worldwide. Growth in the region is led by shifting of production bases to low cost Asian countries, expanding population and a parallel increase in clothing and furnishing needs, and a growing base of middle-class consumers in India and China.

Key players covered in the report include Allied Industrial Corp. Ltd., Anand International, Archroma Management LLC, Atul Ltd., Big Sunshine International Co. Ltd., Day-Glo Color Corp., Eurodye CTC, Huntsman Corporation, Kiri Industries Ltd., Organic Dyestuffs Corporation, Sumitomo Chemical Co. Ltd., Yorkshire Group Ltd., Alps Industries Ltd., Rathi Dye Chem Ltd., DyStar Group, and Jiangsu Dawan Chemical Industry Co. Ltd., among others.

The research report titled “Textile Dyes: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of industry segments, trends, growth drivers, restraints, market share, size and demand projections and forecasts. Major geographic regions covered include the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China, India, and Rest of Asia-Pacific), Latin America (Brazil and Rest of Latin America) and Rest of World. Product segments analyzed include Acid Dyes, Basic Dyes, Direct Dyes, Disperse Dyes, Reactive Dyes, Sulfur Dyes, Vat Dyes and Other Dyes. The report also offers coverage on mergers, acquisitions, product launches and other strategic industry activities of major global and regional players.