Global Dyes Market Overview:
Dyes are the colouring material that colour daily used commodities. These are colored substances that are applied in the form of an aqueous solution on variety of substrates. These are used as colorants in many industrial applications including wood stain, food processing, textile processing, and printing inks, among many others. Various types of dyes are acid dyes, disperse dyes, reactive dyes, sulfur dyes, vat dyes, direct dyes, and others. These have high selective absorptivity for liquids & substrates when compared to other color-imparting materials including pigments. With their exceptional absorption characteristics, these dyes lose their physical & structural properties through their application on substrates. These are usually used in surface coating, food, as well as printing applications where high transparency levels for manufacturing finished products is required. Some of the players profiled in the study are Lanxess Aktiengesellschaft (Germany), BASF SE (Germany), Haining Hongyu Chemical Co., Ltd. (China), Albemarle Corporation (United States), Tokai Carbon Co., Ltd (Japan), Archroma (Switzerland), Huntsman Corporation (United States), Kiri Dyes and Chemicals Ltd (India), Nippon Kayaku Co, Ltd. (Japan) and Sumitomo Corporation (Japan).
On the basis of geography, the market of Dyes has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Asia Pacific region held largest market share in the year 2020. If we see Market by Source, the sub-segment i.e. Natural will boost the Dyes market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Rising Demand from the Paint & Coating Industries
- Growing Use of Dyes in Textile Industry
- Growing Consumer Preference for Environment-friendly Products
- Raw Material Price Volatility
- Growth in Construction Industry in Asia-Pacific
- Strengthening Economies like China and India Attracting New Investments
- High Energy Costs Negatively Impacting Production Units
In United States, (Food and Drug Administration) FDA regulates (dyes) color additives used in the United States. This comprises those used in food (& dietary supplements), cosmetics, drugs, and medical devices. These color additives (except coal-tar hair dyes) are subject by law to approval by the agency & these must be used only in compliance with the approved specifications, uses, & restrictions. During approval process, FDA assesses safety data to confirm that a color additive is safe for its proposed purposes.
Target Audience:Dyes Manufacturers, Raw Material Suppliers, Traders, Distributors, and Suppliers of dyes, Government & Regional Agencies and Research Organizations, End Users and Others
Major Objectives Focused through this Study To define, describe, and forecast the Global Dyes market on the basis of product [Acid Dyes, Disperse Dyes, Reactive Dyes, Sulfur Dyes, Vat Dyes, Direct Dyes and Others] , application [Textile, Leather, Paper, Food, Paints and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Dyes market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Dyes industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are Jay Chemical Industries Limited (India), Kyung-In Synthetic Corporation (KISCO) (South Korea) and Bodal Chemicals Ltd. (India).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Dyes market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.