Growing awareness
among end product users about the toxic nature of synthetic dye and the
pollution caused in their manufacturing process will propel the dye
manufacturing companies to develop newer dyes that are environment friendly and
possess enhanced properties. The rising demand of dyes from the textile,
leather and printing ink industry has been thekey factors driving growth in the Global dyes
market.
The report titled “Global Dyes
Market Outlook to 2022 - By Type (Reactive Dyes, Disperse Dyes, Direct Dyes,
Vat Dyes, Acid Dyes and Others) and By Application (Textiles, Leather, Paper,
Printing Inks and Others)” by Ken
Research suggested a growth at a five year CAGRof more than 5%in terms of revenue
in Global dyes market during the period 2017-2022.
In recent years the dyes manufacturing has witnessed a dimensional shift from a
product that is widely used and manufactured by thousands of small, medium and
large scale manufacturers, to a product which has faced the regulations of
environmental agencies, food safety agencies and critical view of the end users
about its toxic nature across the globe. Numerous countries around the world
have introduced several regulations to control pollution caused during the
manufacturing of synthetic dyes. The European Union (EU) has introduced the
REACH regulations that prevent the manufacturing and trade of environmentally
toxic substances with the EU countries. The growing pollution has also forced
countries like China; which usually has relaxed norms for manufacturing
industrial products, to introduce stricter regulations. Paradigm shifts like
this have completely changed the face of the dye industry in the past few
years. Global manufacturers having their base in American and European
countries are looking towards APAC countries; specially India and China for
setting up their dye manufacturing plants owing to the availability of cheap
and skilled labour as well as relaxed environmental regulations.
China and India in recent years have emerged as the global leaders both
in terms of manufacturing and consumption of dyestuff. The strong local demand
from end user industries like textile, leather, printing ink, paper and other
have supported the dye market in China and India. Other leading countries in
dye production are US, Brazil, UK and Germany.
Global leaders in dye manufacturing like Huntsman, Kiri, Atul, Zhejiang
Longsheng Group, Zhejiang Jihua Group, BASF, Lanxess, Dystar and others have
invested heavily in the past few years for developing dyes that are
environmentally friendly and have better properties. These companies have
updated their operating strategies to include research and development of new
products and technological transformation of old products, eliminate heavy
pollution and high energy consumption products, improvement of production
processes, product quality, and promotion of energy conservation and
consumption reduction.
Keywords:-
Global Dyes Market
Size
APAC Dyes Industry
America Dyes Industry
Europe Dyes Industry
China Dyes Sales Volume
India Dyes Production
US Dyes Industry
Brazil Dyes Industry
UK Dyes Industry
Germany Dyes Market
Future Sales Dyes Global
For
more information, refer to the link below:
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Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
