The global Textile Dye Market is predicted to grow at a CAGR of 8.2% from 2024 to 2029 and the market size is expected to be valued at USD 18.46 billion by 2029 from USD 12.45 billion in 2024.
Textile dye washing is one of the most damaging factors to the environment. Therefore rise in demand for organic textile dye to use in sustainable clothing & textile industry is one of the factors driving the growth in the market.
Innovation & R & Ds in the development of non–toxic natural dyes have also boosted the market growth. Water is used in dye washing thereby, demanding special textile dyes that will use less water & will be environmentally friendly. Hence rapid growth is expected in the market due to all these reasons & also because of strict environmental policies.
An increase in environmental pollution due to toxic elements such as lead, arsenic, & other heavy metals has a negative impact on the growth of the market. Lack of awareness of the release of toxins in many regions such as Latin America, Middle East Africa, & Asia Pacific has also impacted the growth of the market. By Dye Type (Direct, Reactive, VAT, Basic, Acidic, Dispersed)
REPORT METRIC |
DETAILS |
Market Size Available |
2023 to 2029 |
Base Year |
2023 |
Forecast Period |
2024 to 2029 |
CAGR |
8.2 % |
Segments Covered |
By Application, End-user, and Region |
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
Regions Covered |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Market Leaders Profiled |
Allied Industrial Corporation Ltd., Lanxess (Germany), Archroma (Switzerland), Huntsman (United States of America), Kiri Industries (India), & Zhejiang Longsheng Group Co (China) |
The Asia Pacific is expected to witness the fastest growth due to the boom in textile industries in this region. As per a report the Asia Pacific had the largest share in the textile dye market in 2018. China & India are expected to be the largest market holders in this region in the forecast period (2018 – 2023) due to rapid urbanization & demand for a new type of textiles.
Key players are Allied Industrial Corporation Ltd, Lanxess (Germany), Archroma (Switzerland), Huntsman (United States of America), Kiri Industries (India), & Zhejiang Longsheng Group Co (China)
Laxness (Germany) has developed Pyranine a fluorescent dye ink that can be used for detergents & tracing purposes. It can be used as raw materials in many industries such as textiles, cosmetics, automobiles, & Petroleum. It can be used for alkaline cleansing, in shampoos & soaps, & for a tracing agent in water & heating systems.
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