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Acid Dyes Market Size, Market Share, Regional And Industry Analysis, Latest Trends, And Forecast To 2032
Acid Dyes Market Size, Market Analysis
The Business Research Company's Acid Dyes Global Market Report 2023 identifies increasing demand of the textile industry as the major driver for the acid dyes market's growth in the forecast period. The textile industry refers to the system or sector in which textile and fabric materials are developed, produced, processed, manufactured, and distributed. Acid dyes are typically used to dye various kinds of materials or fibers in addition to natural fibers such as wool, silk, jute, and other synthetic fibers, typically used to color the textiles; as a result, increasing demand for textile industry increases the demand for acid dyes.
The global acid dyes market size is expected to grow from $3.60 billion in 2022 to $4.01 billion in 2023 at a compound annual growth rate (CAGR) of 11.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global acid dyes market size is expected to reach $5.85 billion in 2027 at a CAGR of 9.9%.
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Major competitors in the acid dyes market are Clarian International Ltd., Atul Limited, BASF SE, Zheijiang Jihua Group Co. Ltd., Rudolf GmbH, Kiri Industries Ltd., Hubei Chuyuan, Gayatri Group.
A key trend in the acid dyes market includes technological advancement. Companies operating in the acid dyes market are adopting new technologies to sustain their position in the market. For instance, in March 2022, Archroma, a Switzerland-based specialty chemical company, launched two new technologies in acid dyes for navy and black sportswear that are metal- and halogen-free. The new Nylosan Navy S-3R and Black S-3N, created especially by Archroma for polyamides and blends, are REACH certified, Bluesign authorized, and ZDHC level 3 compliant and are reported to exhibit the same color constancy as the dyes used in many major color standards.
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The acid dyes market is segmented -
1) By Type: Strong Acid Dyes, Weak Acid Dyes
2) By Dyeing Type: Levelling Dyes, Fast Dyes, Milling Dyes, Super Milling Dyes
3) By Chemical Type: Monoazo And Bisazo Dyes, Nitro Dyes, Nitroso Dyes, Triphenylmethane Dyes, Xanthene Dyes, Azine Dyes, Quinoline Dyes, Anthraquinone Dyes, Phthalocyanin Dyes
4) By Application: Textile, Leather, Juet Dyeing
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the acid dyes market.
The Business Research Company's "Global Acid Dyes Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Acid Dyes Market Include:
1. Executive Summary
2. Acid Dyes Market Characteristics
3. Acid Dyes Market Trends And Strategies
4. Acid Dyes Market - Macro Economic Scenario
5. Acid Dyes Market Size And Growth
……….
26. Africa Acid Dyes Market
27. Acid Dyes Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Acid Dyes Market
29. Acid Dyes Market Future Outlook and Potential Analysis
30. Appendix
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