U.S (New York)– The “Textile Dyes Market” 2023 research report appears to cover various aspects of the market, including the strategies of top players, market segments, competitive landscape, manufacturing, and pricing structures. In this report, we will provide an in-depth analysis of the current state of the global Bahrain Alcoholic Beverages Market, its key drivers and challenges, and its future prospects. This study contains research on market dynamics, such as SWOT, PESTLE, and Porter’s Five Forces analysis, as well as details about drivers, constraints, trends, and opportunities. These studies may assist in providing a thorough overview of the worldwide industry. Additionally, the key segments of the industry are evaluated according to their performance.
The global textile dyes market was valued at $9.4 billion in 2018 and is projected to reach $15.5 billion by 2026, growing at a CAGR of 6.3% from 2019 to 2026. Dyes are coloring substances that are used to color textiles, especially for denim products, polyester fiber, cotton, nylon, silk, wool, fur, and carpet. Different chemicals and dyes are used during dyeing in textile production plants. During the selection of dyes, various factors such as process cost, lightfastness, rubbing, and reaction to washing are considered.
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According to data from the U.S. Bureau of Economic Analysis and the U.S. Census Bureau, the goods and services deficit increased by $1.9 billion from $68.7 billion in January 2023 to $70.5 billion in February. The increase in the goods and services deficit in February was due to a $2.7 billion increase in the goods deficit to $93.0 billion and a $0.8 billion increase in the services surplus to $22.4 billion. Compared to the same period in 2022, the goods and services deficit has dropped this year by $35.5 billion, or 20.3%. $49.5 billion or 10.8% more was exported. 2.2% or $14.0 billion more was spent on imports.
Upsurge in production of textiles in developing countries to meet the rise in consumer demand, low cost of labor, and increase in population are the various factors that drive the growth of the global textile dyes industry. However, the market growth is hampered due to implementation of various health & environment regulations toward the use of textile dyes. This is attributed to the fact that these dyes contain toxic substances such as arsenic, lead and heavy metals, which increase environmental pollution, thereby negatively impacting the growth of the textile dye industry. Textile dyeing processes consume huge amount of water as a solvent. Hence, development of new processes that minimize the water wastage is anticipated to create a significant opportunity for the market growth.
The global textile dyes market is segmented into dye type, fiber type, and region. Depending on dye type, the market is classified into direct, reactive, VAT, basic, acid, disperse, and others. On the basis of fiber type, the market is categorized into wool, polyester, acrylic and others. Region wise, the global textile dyes market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Increase in urbanization, product innovation, rise in industrialization, and exponential growth of the online fashion sector in Asia-Pacific fuel the demand for textile dyes in this region. China and India are the nations contributing significantly to the market share of the Asia-Pacific textile dyes market.
KEY BENEFITS FOR STAKEHOLDERS
– It outlines the current textile dyes market trends and future scenario of the textile dyes market size from 2018 to 2026 to understand the prevailing opportunities and potential investment pockets.
– Porter’s five forces analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
– Major countries in the region have been mapped according to their individual revenue contribution in the textile dyes market analysis at the regional and country-level market.
– The key drivers, restraints, and textile dyes market opportunities and their detailed impact analyses are elucidated in the study.
– The profiles of key players along with their key strategic developments are enlisted in the report.
Key Players
– Agrofert S.A.
– Archroma
– Chromatech Incorporated
– Colourtex, DuPont.
– Hollindia International B.V.
– Huntsman Corporation
– Jay Chemicals Industries Ltd.
– Kiri Industries ltd. (Kiri)
– Organic Dyes and Pigments
KEY MARKET SEGMENTS
By Dye Type
– Direct
– Reactive
– VAT
– Basic
– Acid
– Disperse
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By Fiber Type
– Wool
– Polyester
– Acrylic
– Others
By Region
– North America
o U.S.
o Canada
o Mexico
– Europe
o Germany
o France
o Russia
o Italy
o UK
o Rest of Europe
– Asia-Pacific
o China
o Japan
o South Korea
o Thailand
o India
o Rest of Asia-Pacific
– LAMEA
o Brazil
o Saudi Arabia
o Rest of LAMEA
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
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