Textile Dyes Market Price Trend, Size Estimation, Global Industry Insights, Updated Business Players and Opportunity Analysis, 2021 -2027
Kyung-In Synthetic Corporation (South Korea), Kiri Industries Ltd. (India), Atul Ltd (India), Synthesia, a.s. (Europe), Chromatech Incorporated (US), S.A. Robama (Europe), Avocet Dye & Chemical Co. Ltd (UK), Brand & Performance Textile Specialties (Singapore), LANXESS (Europe), Huntsman International LLC (US) are among some of the prominent players at the forefront of competition in the global textile dye market and are profiled in MRFR Analysis.
Textile dye Market – Market Overview
The global textile industry deploys various types of dyes and
chemicals during the production of textiles. Textile dyeing is the
process of coloring the fabrics and yarns such as fibers, wool, silk yarns, and
other fabrics.
The protuberant
factors driving growth of Textile
Dye Market are large production activity of textile in developing
countries. However, the growth trajectory of the market is likely to be hampered
by stringent regulatory measures. Geographically, Asia Pacific is the dominant
region in the global textile dye market. This attributed due to the increasing
urbanization, expanding scope of applications with shifting consumer
preferences in this region. Countries namely, India, Taiwan, and South Korea
are the major market in this region due to surging consumption from the textile
industries in the regional market.
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Textile
dye Market- Competitive Landscape
The global textile dye
is witnessing substantial growth during recent years with significant number of
major players operating in the market. The prominent factors driving growth of
this market is the growing demand for the product from various textiles such as
woolen, cotton, and synthetic industry. The collaborations and strategic
alliances between market players helping to improve the market scenario during
the review period. The major players in this market adopted various strategies
to expand their global footprint and augment their market position. The key
strategies followed by most companies in the global textile dye market were
expansion, merger and agreements. Most of the key players are adopting the
product launch and collaboration tactics to strengthen their market position
and sustain the competition. Remarkable growth of end use industries, and
continuous collaborations and agreements between manufacturers, distributers,
and marketing firms are key factors operating in the global textile dye market.
Considering these trends, the global Textile dye market is poised to witness
considerable competition over the forecast period of 2017-2023.
Industry/
Innovation/ Related News:
February 2, 2018- Teknik Fairs Inc. organized the International
Textile Machinery (ITM) Exhibition at Istanbul, in Turkey. ITM is the famous
yarn, printing, knitting, dyeing, textile, weaving, hosiery machineries,
sub-industries, and chemicals exhibition. The participation of hundreds of
manufacturers, and the visits of the worldwide industry investors and trade
delegations will positively help the developing leading technologies in their
respective fields.
July 24, 2017- India based leading manufacturer of digital
inkjet printers, Colorjet India Ltd. has launched a dye sublimation textile
printer called Aurajet in a technology trade show Gartex 2017 at New Delhi.
This product is likely to help reduce the cost by using less ink and offering
perfect colors.
November 1, 2016-
DyStar, the U.S. based subsidiary of Singapore based DyStar Global Holdings
Pte. Ltd, which is a one of the market leader in textile industry has announced
the acquisition of the three specialty chemical units (Hilton Davis, Carolina
Chemical, and Foam Control) of Emerald Performance Materials LLC, the U.S.
based manufacturer and marketer of specialty chemicals. This will add into
Daystar’s broad range of products to serve multi-national retail brands and
consumer brands.
April 21, 2015- Singapore
based specialty textile dyes manufacturer DyStar has recently launched a new
dye called Levafix ECO Black which is completely free of p-chloroaniline (PCA)
and other regulatory-controlled amines. This new dye is an advanced product in
textile industry and most importantly it is compliant with all Restricted
Substance Lists (RSL) and with Oeko-Tex Standard 100. It exhibits some
important properties such as good fastness that simulates multiple wash and
reduces the wash-down and shade change problems for end-users. This innovation
is likely to provide boost to the textile industry in order to achieve best
quality with minimal environmental impact.
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