Press release
Textile Dyes Future Forecast Assessed On The Basis Of How The Market Is Predicted To Grow 2021 - 2031
Latest industry survey by Fact MR, predicts Textile Dyes sales to swell at propelled CAGR through 2031, as chemical and materials sales gradually recover post disruptions caused by COVID-19. The report is aimed at furnishing insights into hidden growth opportunities and challenges. It also provides recommendations to aid businesses prep for unforeseen challenges.To remain ‘ahead’ of your competitors, request for a Brochure- https://www.factmr.com/connectus/sample?flag=B&rep_id=2028
Key Textile Dyes Survey Highlights and Projections
Fact MR Projects sales of Textile Dyes continue rising at great pace driven by application across diverse industries.
The report presents refined Textile Dyes sales outlook, predicting revenue generated through 2031 to total US$ Textile Dyes MN/ Bn by 2031.
(Segment name) will remain top-selling in terms of (criteria for segmentation), with demand surpassing US$ Textile Dyes/ Bn by 2031.
Chemicals and materials production in the U.S. will accelerate at a steady pace, creating scope for expansion of Textile Dyes market. Sales in the U.S. is expected to top US$ Textile Dyes MN/Bn.
Post COVID-19 recovery will reinstate Textile Dyes demand in Japan and South Korea to the pre-pandemic status.
Report Benefits & Key Questions Answered
Textile Dyes Company & brand share analysis: The report offers brand-share analysis on Textile Dyes market to offer a more in-depth competition deep-dive. This is intended at assisting companies at proactive long-term planning.
Textile Dyes Historical volume analysis: Factors affecting sales in the past are analyzed in detail. The report also offers comparative analysis between growth trajectory exhibited in 2016-2020 and 2021-2031.
Textile Dyes Category & segment level analysis: To offer a comprehensive analysis, the market identifies leading segments and highlights chief factors enabling growth across these categories.
Textile Dyes Consumption by demographics: The demographic analysis is intended at providing recommendations to companies to help them create growth strategies around dynamic consumption patterns.
Textile Dyes manufacturing trend analysis: Manufacturing trend analysis is the key highlight of the study. It offers vital data on strategies adopted by market players to align their manufacturing strategies as per prevailing market trends.
Post COVID consumer spending on Vulcanization Accelerators: The survey offers a chapter dedicated to analyzing post COVID consumer behavior. Changes in their spending pattern are carefully analyzed to offer insights into potential impact on Textile Dyes sales.
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Latest insights published by Fact.MR on the textile dyes market forecasts a valuation exceeding US$ 8 billion by 2031. Rapidly evolving fashion trends are stimulating demand for trendy apparel, prompting manufacturers to include new color combinations and designs, pivoting sales, and are expected to push market expansion at a CAGR of over 6% through 2031
The market posted impressive gains over the last 5 years, closing in on US$ 6 billion by the end of 2022. Annual growth rate of approximately 5% was registered during the said timeframe. Manufacturers are expected to primarily focus on Asian markets, with prominent countries such as India and China emerging as lucrative growth hubs.
According to the India Brand Equity Foundation (IBEF), India’s textiles industry contributed 7% to industry output in FY 2018-19, with an expected valuation of over US$ 23 billion by 2027. Likewise, according to Textile World, China’s chemical fiber production exceeded 50 million tons, comprising over 66% of global production. Such trends are motivating prominent players to increase foray across these markets.
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Textile Dyes Demand Analysis by Category
Competitive Landscape
Some key textile dye manufacturers profiled in Fact.MR’s report include LANXESS AG, Huntsman International LLC, Atul Ltd., Anand International, DyStar Singapore Pte. Ltd., Colorant Limited, Kiri Industries Limited, Jay Chemical Industries Private Limited, Organic Dyes and Pigments LLC, and Archroma.
In February 2021, LANXESS AG signed a contract to acquire Emerald Kalama Chemical to acquire 100% of its shares at a purchase price of over US$ 1 billion. The objective behind this move is to strengthen its position in specialty chemicals manufacturing, including textile dyes and other consumer products.
In June 2019, Organic Dyes and Pigments LLC completed two relocation moves, enhancing its capabilities and efficiency to better serve its clients. This includes combining scattered offices in Rhode Island into one single facility, and combining their Concord NC and Union SC offices into one.
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