Press release
Global Acid Dyes Market Expansion at 7% CAGR, Valued at $4.45 Billion by 2029
Acid Dyes
What Are the Acid Dyes Market Size Forecast for 2025?
The market size for acid dyes has seen significant growth in the last couple of years, and it's predicted to increase from $3.18 billion in 2024 to $3.39 billion in 2025 with a compound annual growth rate (CAGR) of 6.6%. Factors attributing to this growth during the historic period include expansion of the textile industry, rising demand for synthetic fibers, worldwide spread of textile production, adherence to regulatory norms and environmental considerations, as well as broadening applications in various other industries.
What Is the Market Size Outlook for Acid Dyes Until 2029?
The market size of acid dyes is projected to experience significant growth in the coming years. It is expected to reach $4.45 billion by 2029, with a compound annual growth rate (CAGR) of 7.0%. The predicted increase during the forecast period can be explained by increasing demand for eco-friendly dyes, the expansion of technical fabrics, changes in consumer tastes, the emergence of smart fabrics, and global economic conditions. Noteworthy trends expected during the forecast period include adhering to regulations and acquiring certification, heightened awareness of the environment, novel approaches to dyeing, the adoption of digital technology, and integrating industry 4.0, as well as advancements in dyeing methods.
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What Are the Major Factors Driving Demand in the Acid Dyes Market?
The projected expansion of the acid dyes market can be attributed to the rising requisites of the textile industry. The textile sector encompasses the production, processing, and distribution of textile and fabric materials. This industry routinely employs acid dyes to colorize not only natural fibers like wool, silk, and jute but also various other types of materials and synthetic fibers. Consequently, a surge in the textile industry's demand often translates to increased demand for acid dyes. To exemplify, a report by the UK Fashion and Textile Association (UKFT) in November 2023 indicated that the UK fashion and textile industry had contributed a substantial $81 billion (£62 billion) to the UK GDP in 2023. The industry also provided support for 1.3 million jobs across the country and generated more than $30 billion (£23 billion) in terms of tax revenues. As a result of these factors, an upward trend in the textile industry's demand is likely to fuel the growth of the acid dye market.
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How Are End-Use Segments Shaping the Acid Dyes Market Outlook?
The acid dyes market covered in this report is segmented -
1) By Type: Strong Acid Dyes, Weak Acid Dyes
2) By Dyeing Type: Leveling 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: Textile, Leather, Jet Dyeing
Subsegments:
1) By Strong Acid Dyes: Azo Dyes, Anthraquinone Dyes, Phthalocyanine Dyes
2) By Weak Acid Dyes: Direct Dyes, Reactive Dyes
What Are the Strategic Trends Transforming the Acid Dyes Market Landscape?
Advancements in technology are a rising trend in the acid dyes market. To retain their market positions, companies in this industry are embracing novel technologies. For example, Archroma, a Swiss specialty chemical firm, introduced two groundbreaking technologies for acid dyes in navy and black sportswear in March 2022. These technologies, metal- and halogen-free, comprise the new Nylosan Navy S-3R and Black S-3N, specifically produced by Archroma for use on polyamides and blends. In addition to being REACH certified, these products also have Bluesign authorization and meet ZDHC level 3 compliance. They are said to provide the same color stability as the dyes found in several significant color standards.
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Who Are the Prominent Companies in the Acid Dyes Market by ?
Major companies operating in the acid dyes market include 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
Which Region Is Expected to See the Highest CAGR in the Acid Dyes Market?
Asia-Pacific was the largest region in the acid dyes market in 2024. The regions covered in the acid dyes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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