Press release
Dye Stuff Market is expected to witness a significant growth of USD ~ 258.79 million by 2023 with CAGR of ~8.3 % between 2016 and 2023
Synopsis of Dye Stuff Market:In Chemical Industry, dyestuff plays an important role which enhance the growth of Chemical Market, the applications and production of dyestuff is one the oldest chemical industry of human activities. In addition, the natural Dyestuff using since period of ancient. Presently, synthetic Dyestuffs has covered larger share of Dye Stuff Market, and available in several types such as azo dyes, cyanine dyes, nitroso dyes, anthraquinone dyes, nitroso dyes, and other. Moreover, textile, carpet, and garment industry is one of the biggest and most prominent sectors as consumption of the dyes are used in textile industry. Presently, by the types markets for dyestuff are primarily dominated by reactive and disperse dyes. In region such as China, South Korea, and Taiwan is considering as strong players in term of disperse dye stuff, whereas India has occupied lead in production of reactive dyestuff.
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The Global Dye Stuff Market is expected to witness a significant growth of USD ~ 258.79 million by 2023 with CAGR of ~8.3 % between 2016 and 2023.
Growth of various industry such as textile, leather, paper, wood, and others are the major drivers of Dye Stuff Market especially in APAC region. Asia-Pacific is expected to be the fastest growing markets for dye stuff where growth is driven by the countries such as India, China, and Japan. In addition, increasing market of textile industry will increase the consumption of Dye Stuff Globally. Furthermore, stringent environmental regulations for synthetic based Dye Stuff can hamper the market growth in future.
Key Players:
Key players of the Global Dye Stuff Market are Clariant International Ltd. (Switzerland), Lanxess AG (Germany), BASF SE (Germany), Orion Colorchem Industries (India), Setaş Color Center (Turkey), Synthesia, a.s (Europe), Synthetic Corporation (South Korea), Avocet Dye & Chemical Co. Ltd (UK), Arkema SA (Europe), Huntsman Corporation (Texas), and others.
Regional Analysis:
In geographical terms, Asia Pacific is the largest market of Dye Stuff due to demand in various industry such as textile, leather, and paper, in China region followed by India. Increasing demand for textile industry in the China, India, Taiwan, and South Korea has made Asia Pacific largest consumer of the global dye stuff market followed by increasing in the consumption of Dye Stuff Market in Europe region. In Europe region, dye stuff market is mainly Drive by textile industry. In addition, the third largest market of dye stuff is North America region due to large consumption in textile, paper, and leather industry. Latin America and Middle East also witnessed in growth of dye stuff market due to various application such as textile dye, leather dye, paper dye, wood dye, and others.
Segmentation:
The Global Dye Stuff Market is majorly segmented on the basis of form, composition, process, types, application, and region. Based on form, of dye stuff the market is segmented into natural, synthetic Dye Stuff. Based on composition of Dye Stuff the Market is segmented into organic, inorganic dye stuff. Based on process of Dye Stuff the Market is segmented into disperse dye, direct dye, reactive dye, vat dye, acid dye, cationic dye, sulfur dye, and others. Based on types, of dye stuff the market is segmented into azo dyes, cyanine dyes, nitroso dyes, anthraquinone dyes, and others. Furthermore, based on application of dye stuff the market is segmented into as textile dye, leather dye, paper dye, wood dye, and others. and based on region market is segmented into North America, Europe, APAC, Latin America, Middle East & Africa.
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Study Objectives of Dye Stuff Market:
• To provide detailed analysis of the market structure along with forecast for the next 7 years of the various segments and sub-segments of the Global Dye stuff Market.
• To understand the supply and demand dynamics including supply and consumption concentration mapping.
• To provide region level market analysis and future outlook for North America, Europe, Asia, and Rest of the World (ROW) and their countries.
• To provide competitor positioning of the market.
• To provide company profiling of major players in the market along with their production and capacity.
• To provide regional trade analysis.
• To evaluate historical market trends, patents and technologies, and current government regulatory requirements that are relevant to the market.
Key Points from Table of Content:
14. Company Profiles
14.1 Clariant International Ltd.
14.1.1 Company Overview
14.1.2 Product/Business Segment Overview
14.1.3 Financial Updates
14.1.4 Key Developments
14.2 Lanxess AG
14.2.1 Company Overview
14.2.2 Product/Business Segment Overview
14.2.3 Financial Updates
14.2.4 Key Developments
14.3 BASF SE
14.3.1 Company Overview
14.3.2 Product/Business Segment Overview
14.3.3 Financial Updates
14.3.4 Key Developments
14.4 Orion Colorchem Industries
14.4.1 Company Overview
14.4.2 Product/Business Segment Overview
14.4.3 Financial Updates
14.4.4 Key Developments
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