Textile Dyes Market by Fiber Type (Wool, Nylon, Cotton, Polyester, and Others), Dye Type (Fiber Reactive, Direct, Acid, Disperse, Vat, and Others), Application (Apparel, Home Textile, Industrial Textile, and Others): Global Market Size Estimates and Forecast (2022-2030)
The market crossed US$ 11 billion mark in 2022 and is expected to hit US$ 16 billion by 2030, recording a CAGR of 5% during the forecast period.
Textile dyes market has been significantly growing with the rapid growth of the textile industry
The major factor driving the textile dyes market growth is the rapid growth of the textile industry. In the textile industry, textile dyes are mainly used as colouring agents for the production of clothing. The factors such as growing urban population, improvement in economic condition of different countries, introduction of new textile products, the strong growth of the online fashion sector are mainly contributing to the increasing demand for textile dyes. The fiber reactive segment is expected to held the significant share of the market during the forecast period. Reactive dyes are efficient for use in cotton fabric and other cellulose/ protein fiber fabrics. Further, other segments such as, direct, acid, and disperse are also expected to gain traction during the forecasted year.
Within the report, the market is segmented into fiber type, dye type, application, and geography. By fiber type, the market is further segmented into wool, nylon, cotton, polyester, and others. On the basis of dye type, the market is segmented into fiber reactive, direct, acid, disperse, vat, and others. By application, the market is categorized into apparel, home textile, industrial textile, and others. Geographically, the market is sub segmented into North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa.
Growing adoption of biobased textile dyes
The players operating in the textile dyes market are focusing on producing textile dyes that are sustainably produced, biobased, and are free of hazardous chemicals. Different bio-based products provide significant benefits for the formulation of textile dyes, providing for sustainable and environmentally friendly use. The increasing concerns regarding the environmental impact of textile dye industry is creating the demand for biobased textile dyes.
Growing use of textile dyes in different application fields
Textile dyes are highly used in apparel, home textile, industrial textile, etc. Dyes are used on fabrics to give them colours. High demand for apparels coupled with booming online fashion sector creates demand for textile dyes. Rising demand for organic dyes used for sustainable textiles and clothing is also driving the demand for textile dyes from different application fields.
Recent strategic developments in textile dyes market
The textile dyes market has undergone several significant developments, and a few of these have been mentioned below:
- In April 2020, Huntsman Textile Effects has signed a strategic partnership agreement with Vietnam-based Phong Phu International (PPJ) to promote its growth in the country. Huntsman Textile Effects will support PPJ in promoting Sinnika Fabric collection which constitutes Huntsman’s advanced dyeing technology and finishing effects.
- In March 2022, Archroma launched metal and halogen-free dyes for sportswear. These new dyes have been introduced under Archroma’s Nylosan S range.
The textile dyes market is driven by several players by implementing strategic activities such as investments, new launches, mergers & acquisitions, and partnerships. Huntsman International LLC., Archroma, LANXESS, Eksoy Chemicals, and Blendwell SA are among the prominent players operating in the market.
Target audience for the report:
- Raw material providers
- Textile dyes related associations, organizations, forums, and alliances
- Government bodies, such as regulating authorities and policy makers
- Venture capitalists, private equity firms, and start-up companies
- Application fields of textile dyes
- Research institutes, organizations, and consulting companies
Scope of the report:
In this report, the market has been segmented on the basis of:
- Fiber Type
- Wool
- Nylon
- Cotton
- Polyester
- Others
- Dye Type
- Fiber Reactive
- Direct
- Acid
- Disperse
- Vat
- Others
- Application
- Apparel
- Home Textile
- Industrial Textile
- Others
- Region
- North America
- Europe
- Asia Pacific (APAC)
- South & Central America
- Middle East & Africa
- Companies profiled
- Huntsman International LLC.
- Archroma
- LANXESS
- Eksoy Chemicals
- Blendwell SA
Companies profiled
- Huntsman International LLC.
- Archroma
- LANXESS
- Eksoy Chemicals
- Blendwell SA