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Organic Functional Dyes Market 2021 Industry Price Trend, Size Estimation, Industry Outlook, Business Growth, Report Latest Research, | by Report ocean

12-28-2021 01:31 PM CET | Industry, Real Estate & Construction

Press release from: Report Ocean

Report Ocean publicizes a new report on the  Organic Functional Dyes Market report that contains numerous information about factors, such as market restraints, drivers, and opportunities. In addition, the report provides an in-depth review of industry developments and trends in the market that are influencing the  Organic Functional Dyes Market growth. 

Market Introduction

The global organic functional dyes market held a market value of USD 1,891.7 Million in 2020 and is estimated to reach USD 3,214 Million by the year 2027. The market is anticipated to register a CAGR of 8.8% during the forecast period. The market volume for organic functional dyes in 2020 was 35,294.7 tons.

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Organic functional dyes are derived from invertebrates and plants. The market is anticipated to grow owing to factors such as increase in application of organic functional dyes in printing inks. Furthermore, growing shift towards adoption of environmentally friendly products along with rising consumer spending is expected to fuel the market growth. However, the high cost of raw material is expected to hinder market growth.

Growth Influencers:
Increase in application of organic functional dyes in printing inks
Organic functional dyes are increasingly being used for printing purposes in paper, pulp, and textile industries. Furthermore, they are also used in digital textile printing for preparation of water-based inks. Natural dyes used for preparing printing inks include cutch, golden dock, annatto, and pomegranate ink. Growing adoption of natural dyes for various purposes including manufacturing of inks is expected to boost the market growth.

Segments Overview:
The global organic functional dyes market is segmented into type, external energy, and application.

By Type
Chromic Dyes
o Photochromic
o Piezo chromic
o Electrochromic
o Others
Leuco Dyes
Fluorescent Dyes
Phosphorescent Dyes
Others
The chromic dyes is expected to hold the largest market share of about 64% owing to the color reversible nature of these dyes. Around 5,000 tons of phosphorescent dyes are expected to be sold by 2025.

By External Energy,
Heat
Light
Electric Field
Pressure
Chromophore
Others
The heat segment is estimated to hold the largest value share of about 30% owing to high usage of heat based functional dyes in various industries, such as the packaging industry. The electric field segment is anticipated to witness the fastest growth rate of about 10.3% during the forecast period.

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By Application,
Textile
o Medical Textile
o Non-Medical (Smart) Textiles
3D-Display
Electrophotography
Thermal and Ink-Jet Printing
Optical Data Storage
LCDs
OLEDs
OFETs
Energy Conversion
Robotics
Electronic Sensors
pH Sensors
Gas Sensors
Optical & Chemical Sensors
Molecular Scale Logic Devices
Photodynamic Therapy
Medical Diagnosis
Functional Lens
Imaging
Packaging
Thermo Regulation (Brand Forgery)
Surface Disinfectant (antimicrobial)
UV Protection Dye
Moth/ Mosquito Repellant Dyes
The textile segment is expected to hold the largest market share owing to the increasing adoption of organic functional dyes for manufacturing medical textiles. The moth/mosquito repellent dyes segment is estimated to witness the fastest growth rate of around 12.2% owing to rising research activities for the development of more natural mosquito repellents. The robotics segment is anticipated to surpass a market volume size of about 1,307.1 tons.

Regional Overview

On a regional basis, the global organic functional dyes market is segmented into North America, Europe, Asia Pacific, and Rest of the World.

The European region is expected to grow due to the increasing use of organic functional dyes in determining the quality of frozen meat and dairy products. The North American region is anticipated to grow owing to the presence of many major players in the region. The Asia Pacific region is expected to grow owing to the rising usage of organic functional dyes in the textile industry.
Competitive Landscape

Key players operating in the global organic functional dyes market include Associated Dye Stuff Pvt. Ltd., Cathay Pigments, Denim Dyes & Chemicals, Flint Group, Huntsman Corporation, Kiri Industries, KISCO, Megha International, Shanghai Ruiyan Chemical Technology Co., Ltd., Sudeep Industries, Taiyo Fine Chemicals, Yamada Chemical Co. Ltd., and Yamamoto Chemicals, among others.

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The cumulative market share of the major 13 players is near about 23%. These market players are engaged in partnerships, new product launches, mergers & acquisitions to strengthen their market presence. For instance, in November 2020, Flint Group Packaging Inks launched a regional service center in Barcelona, Spain for providing better services to its customers in the country. With this, the company strengthened its position in the Spanish market.

Table Of Content:

Chapter 1. Research Framework
1.1 Research Objective
1.2 Product Overview
1.3 Market Segmentation
Chapter 2. Research Methodology
2.1 Qualitative Research
2.1.1 Primary & Secondary Sources
2.2 Quantitative Research
2.2.1 Primary & Secondary Sources
2.3 Breakdown of Primary Research Respondents, By Region
2.4 Assumption for the Study
2.5 Market Size Estimation
2.6. Data Triangulation’

……..and view more in complete table of Contents

The global organic functional dyes market report provides insights on the below pointers:

Market Penetration: Provides comprehensive information on the market offered by the prominent players
Market Development: The report offers detailed information about lucrative emerging markets and analyzes penetration across mature segments of the markets
Market Diversification: Provides in-depth information about untapped geographies, recent developments, and investments
Competitive Landscape Assessment: Mergers & acquisitions, certifications, product launches in the global Organic functional dyes market have been provided in this research report. In addition, the report also emphasizes the SWOT analysis of the leading players.
Product Development & Innovation: The report provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

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The global Organic functional dyes market report answers questions such as:

What is the market size and forecast of the Global Organic functional dyes Market?
What are the inhibiting factors and impact of COVID-19 on the Global Organic functional dyes Market during the assessment period?
Which are the products/segments/applications/areas to invest in over the assessment period in the Global Organic functional dyes Market?
What is the competitive strategic window for opportunities in the Global Organic functional dyes Market?
What are the technology trends and regulatory frameworks in the Global Organic functional dyes Market?
What is the market share of the leading players in the Global Organic functional dyes Market?
What modes and strategic moves are considered favorable for entering the Global Organic functional dyes Market

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What factors are taken into consideration when assessing the key market players?

The report analyzes companies across the globe in detail.

The report provides an overview of major vendors in the market, including key players.

Reports include information about each manufacturer, such as profiles, revenue, product pricing, and other pertinent information about the manufactured products.

This report includes a comparison of market competitors and a discussion of the standpoints of the major players.

Market reports provide information regarding recent developments, mergers, and acquisitions involving key players.

What are the key findings of the report?

This report provides comprehensive information on factors expected to influence the market growth and market share in the future.

The report offers the current state of the market and future prospects for various geographical regions.

This report provides both qualitative and quantitative information about the competitive landscape of the market.

Combined with Porter’s Five Forces analysis, it serves as SWOT analysis and competitive landscape analysis.

It provides an in-depth analysis of the market, highlighting its growth rates and opportunities for growth.

Access full Report Description, TOC, Table of Figure, Chart, etc. @ 

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Get in Touch with Us:
Report Ocean:
Email: sales@reportocean.com
Address: 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611 – UNITED STATES
Tel: +1 888 212 3539 (US – TOLL FREE)
Website: https://www.reportocean.com/

About Report Ocean:
We are the best market research reports provider in the industry. Report Ocean believes in providing quality reports to clients to meet the top line and bottom line goals which will boost your market share in today’s competitive environment. Report Ocean is a ‘one-stop solution’ for individuals, organizations, and industries that are looking for innovative market research reports.

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