The global textile dyes market is expected to grow from $8.18 billion in 2021 to $8.72 billion in 2022 at a compound annual growth rate (CAGR) of 6.57%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting manyevery markets across the globe. The textile dyes market is expected to reach $11.25 billion in 2026 at a CAGR of 6.59%.
The textile dyes market consists of sales of textile dyes by entities (organizations, sole traders, and partnerships) that refer to colour compounds or substances used to colour fabric. Textile dyes are colourants that, when added to the material, give it a permanent colour that lasts through repeated use. The primary goal of dyeing is to apply uniform colour to the substrate (fibre, yarn, or fabric) while maintaining colour-fastness requirements for cloth.
The main types of textile dyes are direct, reactive, VAT, basic, acid, and disperse. Direct dyes are those that are dissolved in a neutral or alkaline solution and then applied directly to the substrate. For colouring cotton and other cellulosic textiles, direct dye is utilised. Wool, nylon, cotton, viscose, polyester, acrylic, and other fibre types can all be coloured with these dyes. Clothing & apparel, home textile, and industrial textiles are the applications of textile dyes.
Asia-Pacific was the largest region in the textile dyes market in 2021. North America is expected to be the fastest-growing region in the forecast period. The regions covered in textile dyes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The increased demand in the garment industry is expected to propel the textile dye market. The garment industry has a significant raw material base that includes all types of natural and synthetic fibre dyes, which has helped it achieve global prominence. These apparel industries are consumer-based, contributing to the economy by providing trade along the clothing and garment production and value chain. Such growing global business and the use of natural and synthetic fibre dyes in various garments applications lead to the increasing demand for textile dyes. According to a report published in February 2022 by Obrelo, a Russia-based drop shipping company, the fashion industry grew by 18.4 % in 2021, with sales figures for 2022 forecast at $473.42 billion. Therefore the increasing demand in the garment and fashion industry will drive the textile dyes market.
New technology is a key trend gaining popularity in the textile dyes market. The textile dyes sector is constantly innovating and adopting new advanced dying technologies to become a more sustainable industry. The use of nanotechnology to create more scientific clothing, such as fire-repellent, self-cleaning, and water-repellent clothes, has resulted in significant advancement in the textile industry. These advancements in textile manufacturing technology will enable textile material and product dying markets to use more sustainable and advanced dying technology. Major companies operating in the textile dyes sector are focused on new technologies to sustain their position in the market. For instance, In April 2020, Alchemie technology, a UK-based manufacturer of unique digital materials fabrication technologies, launched Alchemie Endeavour, a waterless smart dying technology. This waterless smart dying uses advanced digital manufacturing technology to achieve a breakthrough in cost structure, supply chain capability, and fabric colouration for sustainability. Endeavour employs advanced digital colourant application and fixation technology to provide fabrics with single pass roll-to-roll solid colours.
In February 2020, Royce Global, a US-based chemical manufacturing company, acquired C.H. Patrick & Co. for an undisclosed amount. With this acquisition, Royce aims to expand its product offering to the textile industry. This acquisition also strengthens its product portfolio in the textile sector, including preparation, dyeing, finishing chemicals, and sulfur and disperses dyes. C.H. Patrick & Co is a US-based textile dyes and chemical manufacturing company.
The countries covered in the textile dyes market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The textile dyes market research report is one of a series of new reports that provides textile dyes market statistics, including textile dyes industry global market size, regional shares, competitors with a textile dyes market share, detailed textile dyes market segments, market trends and opportunities, and any further data you may need to thrive in the textile dyes industry. This textile dyes market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
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Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | November 2022 |
Forecast Period | 2022 - 2026 |
Estimated Market Value ( USD | $ 8.72 billion |
Forecasted Market Value ( USD | $ 11.25 billion |
Compound Annual Growth Rate | 6.6% |
Regions Covered | Global |
Table of Contents
Executive Summary
Textile Dyes Global Market Report 2022: Ukraine-Russia War Impact provides the strategists, marketers and senior management with the critical information they need to assess the global textile dyes market.
This report focuses on textile dyes market which is experiencing strong growth. The report gives a guide to the textile dyes market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
- Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
- Assessment of Russia - War Impact on agriculture, energy and mineral commodities supply and their direct and indirect impact on the market analyzed in the report.
- Impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market research findings.
- Benchmark performance against key competitors.
- Utilize the relationships between key data sets for superior strategizing.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Description:
Where is the largest and fastest growing market for the textile dyes? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Textile Dyes market global report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider textile dyes market, and compares it with other markets.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth.
Our forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of covid 19 on supply chains and consumption patterns.
Our forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of covid 19 on supply chains and consumption patterns.
- Market segmentations break down market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
- The textile dyes market section of the report gives context. It compares the textile dyes market with other segments of the textile dyes market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, textile dyes indicators comparison.
Scope
Markets Covered:
1) By Dye Type: Direct; Reactive; VAT; Basic; Acid; Disperse; Other Dye Types
2) By Fiber Type: Wool; Nylon; Cotton; Viscose; Polyester; Acrylic; Other Fiber Types
3) By Application: Clothing & Apparels; Home Textiles; Industry Textiles
Companies Mentioned: Archroma; Atul Ltd; Colorant Limited; Vipul organics Ltd; Zhejiang Runtu Co Ltd
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Companies Mentioned
A selection of companies mentioned in this report includes:
- Archroma
- Atul Ltd
- Colorant Limited
- Vipul organics Ltd
- Zhejiang Runtu Co Ltd
Methodology
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