Press release
Global Acid Dyes Market 2024-2033: Trends, Analysis & Growth Forecast Outlook
The acid dyes market size is expected to see rapid growth in the next few years. It will grow to $6.51 billion in 2028 at a compound annual growth rate (CAGR) of 10.1%. The growth in the forecast period can be attributed to growing demand for sustainable dyes, expansion of technical textiles, shifts in consumer preferences, rise of smart textiles, global economic trends. Major trends in the forecast period include regulatory compliance and certification, rising environmental awareness, innovations in dyeing techniques, digitalization and industry 4.0 integration,innovation in dyeing techniques .
Market Overview -
Acid Dyes are dyes that contain one or more acidic groups, such as the sulfo group, which is primarily utilized in acid solution to colour wool and silk. It is used on textiles with low pH and is composed of acidic molecules.
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Rising Expansion Of Textile Industry To Drive Market Growth
The increasing demand of the textile industry is expected to propel the growth of the acid dyes market going forward. 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. For instance, in 2021, according to the National Council of Textile Organizations, a US-based unique association representing the entire spectrum of the textile sector, the value of U.S. man-made fiber and filament, textile, and apparel shipments totalled an estimate of $65.2 billion in 2021, up from $60.8 billion in 2020. Additionally, the U.S. export of fiber, textiles, and apparel increased to $22.7 in 2021 from $19.4 in 2020. Therefore, the increasing demand of the textile industry will drive the acid dye market.
Competitive Landscape -
Major companies operating in the acid dyes market report are Clarian International Ltd., Atul Limited, BASF SE, Zheijiang Jihua Group Co. Ltd., Rudolf GmbH, Kiri Industries Ltd., Hubei Chuyuan Fine Chemical Co. Ltd., Gayatri Group, Equinox Impex India, Meera Dyestuff Industries, Shanghai Anoky Group Co Ltd., Tianjin Yadong Group Co Ltd., Lonsen Kiri Chemical Industries Limited, Seta Corporation, Hangzhou Dikai Chemical Co Ltd., Huntsman Corporation, Keystone Aniline Corporation, Colourtex Industries Private Limited, Cromatos Industria Quimica Ltd., Everlight Chemical Industrial Corporation, Runtu Co. Ltd., Jihua Group Corporation Limited, Transfar Group Co. Ltd., Yabang Chemical Group Co. Ltd., ANOKY (Shanghai) Co. Ltd., Jiangsu Jinji Industrial Co. Ltd., YaBuLai Dyestuff Co. Ltd., OHYOUNG Chemical Co. Ltd., Taiwan Jeanwan Chemicals Co. Ltd., Oriental Giant Dye & Chemical Inc., Archroma Management LLC .
Technological Advancements Driving Innovation In Acid Dyes Market
Technology advancements are a key trend gaining popularity in the acid dyes market. 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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Key Segments -
The acid dyes market covered in this report 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, Ket*onimine Dyes, Anthraquinone Dyes, Phthalocyanin Dyes
4) By Application: Texttile, Leather, Juet Dyeing
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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