Global Synthetic Dyes Market (2022 to 2027) - Growing Adoption of Biodegradable Materials for Textile Manufacturing Presents Opportunities

2022-10-16 19:13:36 By : Mr. Zway Zhou

DUBLIN , Oct. 13, 2022 /PRNewswire/ -- The "Global Synthetic Dyes Market by Type (Acid Dyes, Reactive Dyes, Disperse Dyes, Direct Dyes, Solvent Dyes, Basic Dyes), Application, Form (Liquid, Powder), Structure (Anionic, Cationic, Non-Ionic), End-Use Industry, and Region - Forecast to 2027" report has been added to  ResearchAndMarkets.com's offering.

The global synthetic dyes market size is projected to grow from USD 6.3 billion in 2022 to USD 8.7 billion by 2027, at a CAGR of 6.5% between 2022 and 2027.

The market is driven by various factors including growing end-use industries, and low-cost manufacturing in Asia Pacific region. Furthermore, the market is expected to be driven by increasing population and rising industrialization in emerging economies in Asia Pacific , South America , and Middle East & Africa .

Reactive dyes projected to be the fastest growing segment amongst types in the synthetic dyes market

Reactive dyes accounted for the second-largest market share, after disperse dyes, of the overall synthetic dyes market, in 2021. This segment is projected to grow at a high growth rate during the forecast period. Major drivers of this dye type include low cost, better environmental performance, and improved technical properties such as water solubility, excellent wash fastness and brightness of color shades.

Dyeing to account for the highest market share amongst applications in the synthetic dyes market

Based on application, dyeing is projected to account for the highest market share of the synthetic dyes market, during the forecast period. Synthetic dyes are widely used for dyeing/coloring application in the textile industry. The increasing demand of various textile products, especially from the developing economies, will drive the demand of synthetic dyes in dyeing application.

Liquid to hold larger market share amongst forms in the synthetic dyes market

Based on form, synthetic dyes market is segmented into liquid dyes and powder dyes. Liquid dyes accounted for the larger market share that that of powder dyes. Different factors including extended shelf life, and good affinity drives the demand of this segment in the synthetic dyes market.

Non-ionic to be the largest segment amongst structures in the synthetic dyes market

Based on structure, non-ionic dyes account for the highest market share of the synthetic dyes market. Non-ionic structured dyes include several majorly used types of synthetic dyes including disperse dyes and reactive dyes.

Textile to grow at a highest growth rate amongst end-use industries in the synthetic dyes market during the forecast period

Based on end-use industry, textile industry is projected to be the largest and fastest growing industry for this market. The increasing demand for various textile products such as apparels, home textile, and automotive textile will drive the demand of synthetic dyes in the textile industry.

Asia Pacific is projected to be largest and the fastest growing amongst regions in the synthetic dyes market

Asia Pacific is projected to be the fastest growing market for synthetic dyes. The market growth in this region is driven by several factors including rising industrialization and increasing population. Moreover, presence of emerging economies such as China and India further to support the growth of synthetic dyes market in Asia Pacific .

4 Premium Insights 4.1 Attractive Opportunities in Synthetic Dyes Market 4.2 Synthetic Dyes Market, by Dye Type 4.3 Synthetic Dyes Market, by Form 4.4 Synthetic Dyes Market, by Application 4.5 Asia-Pacific Synthetic Dyes Market, by Type and Country 4.6 Overview of Global Synthetic Dyes Market

5 Market Overview 5.1 Introduction 5.2 Market Dynamics 5.2.1 Drivers 5.2.1.1 Increasing Demand for Synthetic Dyes in Textile Industry 5.2.1.2 Growth in End-Use Industries 5.2.1.3 Low Cost of Manufacturing in Asia-Pacific 5.2.1.4 Cost-Effectiveness of Synthetic Dyes 5.2.2 Restraints 5.2.2.1 Stringent Government Regulations Pertaining to Disposal of Effluents 5.2.2.2 Volatility in Raw Material Prices 5.2.3 Opportunities 5.2.3.1 Rising Population and Rapid Urbanization in Emerging Economies 5.2.3.2 Growing Adoption of Biodegradable Materials for Textile Manufacturing 5.2.3.3 Increasing Demand for Environmentally Friendly and Sustainable Products 5.2.4 Challenges 5.2.4.1 Overcapacity of Dyestuffs 5.3 Porter's Five Forces Analysis 5.4 Value Chain Analysis 5.5 Pricing Analysis 5.6 Tariffs & Regulations 5.6.1 Environmental Regulations 5.6.2 Regulatory Bodies, Government Agencies, and Other Organizations 5.7 Trade Analysis 5.7.1 Import-Export Scenario of Synthetic Dyes Market 5.8 Ecosystem 5.9 Trends/Disruptions Impacting Customers' Businesses 5.10 Technology Analysis 5.10.1 Earthcolors by Archroma 5.10.2 Avitera-Se Reactive Dyes 5.11 Case Studies 5.11.1 Solenis 5.11.2 Archroma 5.12 Key Conferences & Events in 2022-2023 5.13 Patent Analysis 5.14 Key Factors Affecting Buying Decisions

6 Synthetic Dyes Market, by Type 6.1 Introduction 6.2 Acid Dyes 6.2.1 Use of Acid Dyes in Food Colors and Cosmetic Applications 6.3 Disperse Dyes 6.3.1 High Demand from Textile Industry 6.4 Reactive Dyes 6.4.1 Used for Dyeing of Cellulosic Fibers 6.5 Direct Dyes 6.5.1 Sustainable Solution for Dyeing Industry 6.6 Basic Dyes 6.6.1 Produced from Coal-Tar Derivatives 6.7 Solvent Dyes 6.7.1 Superior Fastness Properties and Stable Color Production 6.8 Others

7 Synthetic Dyes Market, by Form 7.1 Introduction 7.2 Liquid Dyes 7.2.1 Help in Eliminating Dye Dusting and Clouding During Dyeing Process 7.3 Powder Dyes 7.3.1 Economically Efficient Than Liquid Dyes

8 Synthetic Dyes Market, by Structure 8.1 Introduction 8.2 Anionic 8.2.1 Extensive Applications in Textile Industry 8.3 Cationic 8.3.1 Cationic Dyes Disassociate into Positively Charged Ions in Aqueous Solutions 8.4 Non-Ionic 8.4.1 Largest Segment of Synthetic Dyes

9 Synthetic Dyes Market, by Application 9.1 Introduction 9.2 Tanning 9.2.1 Acid Dyes Mainly Used for Leather Tanning 9.3 Dyeing 9.3.1 Largest Application of Synthetic Dyes 9.4 Paints & Coatings 9.4.1 Used as Additives in Paints & Coatings 9.5 Printing Inks 9.5.1 Low Diffusion Factor and More Vivid and Saturated Printed Colors 9.6 Others

10 Synthetic Dyes Market, by End-Use Industry 10.1 Introduction 10.2 Textile 10.2.1 Increasing Demand from Textile Industry 10.3 Leather 10.3.1 Drum Dyeing Process Used for Leather Dyeing 10.4 Pulp & Paper 10.4.1 Basic Dyes Mainly Used in Pulp & Paper Industry 10.5 Building & Construction 10.5.1 Used for Coloration of Concrete & Masonry and Composites & Laminates 10.6 Food & Beverage 10.6.1 High Cost of Natural Dyes 10.7 Personal Care 10.7.1 Emerging Countries to Witness Faster Growth 10.8 Others

11 Synthetic Dyes Market, by Region

12 Competitive Landscape 12.1 Introduction 12.1.1 Synthetic Dyes Market, Key Developments 12.2 Ranking Analysis of Key Market Players 12.2.1 Huntsman Corporation 12.2.2 Zhejiang Longsheng Group Co., Ltd. 12.2.3 Archroma 12.2.4 Lanxess Ag 12.2.5 Heubach GmbH 12.3 Market Share Analysis 12.4 Market Evaluation Matrix 12.5 Competitive Evaluation Quadrant (Tier 1) 12.5.1 Stars 12.5.2 Emerging Leaders 12.5.3 Pervasive Players 12.5.4 Participants 12.6 Competitive Evaluation Quadrant, Small and Medium-Sized Enterprises (Smes) 12.6.1 Starting Blocks 12.6.2 Responsive Companies 12.6.3 Progressive Companies 12.6.4 Dynamic Companies 12.7 Competitive Benchmarking 12.8 Competitive Situations & Trends 12.8.1 Product Launches 12.8.2 Deals 12.8.3 Others

13 Company Profiles 13.1 Huntsman Corporation 13.2 Zhejiang Longsheng Group Co., Ltd. 13.3 Archroma 13.4 Lanxess Ag 13.5 Heubach GmbH 13.6 Atul Ltd. 13.7 Milliken 13.8 Kiri Industries Ltd. 13.9 Bodal Chemicals Ltd. 13.10 Cromatos 13.11 Kemira Oyj 13.12 Solenis LLC 13.13 Other Players 13.13.1 Chromatech 13.13.2 Eksoy Chemicals 13.13.3 Everlight Chemical Industrial Co. 13.13.4 Jay Chemical Industries Private Limited 13.13.5 Keshav Chemicals 13.13.6 Kyung-In Synthetic Corporation 13.13.7 Neelikon Food Dyes and Chemicals Ltd. 13.13.8 Organic Dyes and Pigments LLC 13.13.9 Pylam Products Company, Inc. 13.13.10 Sensient Technologies Corporation 13.13.11 Sumika Chemtex Co., Ltd. 13.13.12 Steiner (Axyntis Group) 13.13.13 Synthesia, A.S. 13.13.14 Zhejiang Jihua Group Co., Ltd. 13.13.15 Zhejiang Runtu Co., Ltd.

For more information about this report visit https://www.researchandmarkets.com/r/1dvw3w

Research and Markets Laura Wood , Senior Manager press@researchandmarkets.com

For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1904 Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

View original content:https://www.prnewswire.com/news-releases/global-synthetic-dyes-market-2022-to-2027---growing-adoption-of-biodegradable-materials-for-textile-manufacturing-presents-opportunities-301648688.html

Applied Materials (NASDAQ: AMAT) revised its fiscal fourth-quarter outlook on Oct. 12 in response to the Biden Administration's new restrictions on the export of semiconductors and semiconductor equipment to China.

General Electric (GE) closed at $67.57 in the latest trading session, marking a -0.54% move from the prior day.

Global Partners LP (GLP) closed at $26.33 in the latest trading session, marking a -1.42% move from the prior day.

In the latest trading session, Icahn Enterprises (IEP) closed at $52.61, marking a -0.51% move from the previous day.

Prospect Capital (PSEC) closed at $6.67 in the latest trading session, marking a -0.6% move from the prior day.

Oracle (ORCL) closed at $64.31 in the latest trading session, marking a -1.37% move from the prior day.

Simon Property (SPG) closed at $95.86 in the latest trading session, marking a +0.03% move from the prior day.

Bank OZK (OZK) closed at $42.29 in the latest trading session, marking a -0.96% move from the prior day.

Twitter (TWTR) closed at $50.45 in the latest trading session, marking a +0.22% move from the prior day.

AutoZone (AZO) closed at $2,255.17 in the latest trading session, marking a -1.21% move from the prior day.

Netflix (NFLX) closed at $230 in the latest trading session, marking a -1.08% move from the prior day.

In the latest trading session, Waste Management (WM) closed at $154.73, marking a -1.68% move from the previous day.

(Bloomberg) -- Japan will take “bold action” to stem currency volatility if needed, issuing its clearest warning yet of possible intervention after the yen touched a 32-year-low. Excessive currency moves have negative effects on the economy and the country is ready to take action if they continue, chief currency official Masato Kanda said late Friday in Washington. The current situation is increasing the chances that Japan will have to take “necessary steps” again, he added, declining to comment

U.S. stocks end sharply lower Friday, erasing early gains that attempted to build on a bounce in the previous session that marked what's been called one of the craziest market days in history.

A proliferation of financial designations has flooded the professional marketplace. The need for greater specialization brings an increased granularity to the profession and the evolution of financial markets. Certificates can be attained through short-term courses or long-term academic programs.

(Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.The European Central Bank must press ahead with raising interest rates and reducing its balance sheet to ensure inflation expectations don’t unanchor and demand a more aggressive policy response, according to Governing Council member Joachim Nagel.Rate increases must continue after October, Nagel said on the sidelines of the International Monetary Fund’s annual meetings in Washington. G

Cevian built a significant but undisclosed stake in Vodafone last year through shares and derivatives, becoming one of the ten largest shareholders, the report said, citing people familiar with the matter. The investor was pushing Vodafone's management to simplify its international portfolio and sell poorly performing divisions, the report said. Vodafone and Cevian Capital did not immediately respond to requests for comment.

On MarketWatch’s 25th anniversary, we are looking at the 25 biggest market events of the past 25 years.

Investors searching for safe places to store some cash amid high inflation and volatile markets have options. In continuation of Yahoo Finance's series 'What to do in a bear market', we asked the experts where to park money safely, amid high inflation.

Bank stocks are in focus after JPMorgan Chase, Wells Fargo and Citigroup reported mostly better than expected earnings Friday. Regional banks are next in line, and Midwest banks First Business Financial Services, Horizon Bancorp and Enterprise Financial Services are forming bases. First Business Financial's earnings are due Oct. 28, while Enterprise Financial Services reports Oct. 24 and Horizon on Oct. 27.