Synthetic Dye Market 2021 Size, Share and Global Outlook- BASF SE, Archroma, DyStar, Huntsman, Stahl

Global Synthetic Dye Market 2021 research report offers qualitative and quantitative insights in relation to industry growth rate, market segmentation, Synthetic Dye market size, demand and revenue. The current Synthetic Dye market trends that are expected to influence the future prospects of the industry are analyzed in the report. The report further investigates and assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the market.

The global synthetic dye market is expected to grow from $16.91 billion in 2020 to $18.54 billion in 2021 at a compound annual growth rate (CAGR) of 9.6%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $22.39 billion in 2025 at a CAGR of 5%.

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Scope of this Report:

Markets Covered:
1) By Product Type: Acid Dyes; Disperse Dyes; Reactive Dyes; Direct Dyes; Basic Dyes; VAT Dyes; Others 2) By End Use Industry: Textile; Food & Beverages; Paper; Ink; Leather; Other Industries
Companies Mentioned: BASF SE; Archroma; DyStar; Huntsman; Stahl
Countries: Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, UK, USA and Australia
Regions: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Time series: Five years historic and forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, per capita expenditure.
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.

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Executive Summary:

The synthetic dyes market consists of sales of synthetic dyes and related services used in the field of textile, paint, and printing to provide long-lasting coloring benefit. Synthetic dyes are predominantly organic (carbon based) chemical compounds that are generally derived from petrochemical derivatives. A dye is a colored substance that has an affinity to the substrate to which the dye is applied. Dyes are applied in an aqueous solution and may require a mordant to make them fast on the fiber. Synthetic dyes are used to impart color to paper, textiles, leather and other materials. Eosin Y, fast green, basic fuchsin, aniline blue, methylene blue, and orange G are examples of synthetic dyes. The growing awareness about adverse health effects of certain synthetic dyes is pushing dyes manufacturers to shift from chemical-based synthetic dyes to natural dyes, negatively impacting the market. Manufacturers are focusing on shifting from chemical dyes to natural dyes to cater to the consumer preferences for new textiles colors, which are also environmentally-friendly. Synthetic dye also has adverse effects on the health of people and the environment due to which emerging economies are shifting to natural dyes. Several developed and developing countries have imposed a ban on the import of synthetic dyes. The use of azo dyes is banned in developing countries such as India owing to their environmental and health impacts.

Regional Analysis For Synthetic Dye Market:

North America (The United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

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Important Features that are under Offering and Key Highlights of the Reports:

– Detailed overview of Market

– Changing market dynamics of the industry

– In-depth market segmentation by Type, Application etc.

– Historical, current and projected market size in terms of volume and value

– Recent industry trends and developments

– Competitive landscape of Market

– Strategies of key players and product offerings

– Potential and niche segments/regions exhibiting promising growth

The research includes historic data from 2015 to 2021 and forecasts until 2030 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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