Textile Dyes Market - Industry Analysis, Value, Share, Growth, Trends, and Forecast 2018-2027
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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