Global Synthetic Dyes
Market Report
2024
The Synthetic Dye market was valued at USD 6.90 billion in 2022 and will reach USD 11.85 billion by 2030, registering a CAGR of 7 % for the forecast period 2023-2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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The Synthetic Dye market was valued at USD 6.90 billion in 2022 and will reach USD 11.85 billion by 2030, registering a CAGR of 7 % for the forecast period 2023-2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Synthetic Dyes Market Sales Revenue 2022 | $ 6.9 Billion |
Global Synthetic Dyes Market Sales Revenue 2030 | $ 11.85 Billion |
Global Synthetic Dyes Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 7% |
Market Split by Type |
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Market Split by Application |
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Market Split by Structure |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Synthetic Dyes Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
A compound that contains chromophore and auxochrome groups is called a dye. Synthetic dyes are made from petrochemicals or coal tar. Dyes are soluble in water. Different types of dyes are available such as Acid dye, Disperse dye, Basic dye, Reactive dye, Solvent dye, and Direct dye. The dye which is involved in the covalent bond formation is called a reactive dye. Some dyes are applied by immersing in an aqueous solution called a direct dye. Synthetic dyes are widely used in various end-user industries such as Construction, Textile, Leather, pharmaceuticals, Printing, Automotive, etc.
Synthetic dye provides several benefits to the textile industry. Therefore, synthetic dyes are widely used in the textile industry. synthetic dye gives an extensive range of colors and durability to the fiber. It is suitable for natural and synthetic fibers such as cotton, wool, silk, acrylic, and nylon. Synthetic dye has excellent colour fastness. After multiple washing and sun exposure, it remains with fiber. Therefore, textiles stay attractive over a long period. Synthetic dyes are more cost-effective than natural dye. Synthetic dye provides an opportunity for innovation in textile design. The market for synthetic dye is expected to grow by increasing demand from the textile industry.
The various end-user industries such as construction, and automobiles use dyes for coating and paints. The automobile industry uses dye as a coating material. In construction, paints are used to prevent moisture and give a fashion touch to the building. Dyes are also used in gypsum, wood stain, and wallboard. Synthetic dye provides heat stability to the construction. Increasing construction activity and increasing demand from the automobile industry for dyes is expected to drive the market growth of the synthetic dyes industry.
Synthetic dyes are harmful to the environment from manufacturing to use. During the application of synthetic dyes, they release the volatile organic compound (VOC) which pollutes the air as well as is harmful to the ozone in the lower atmosphere. The manufacturing of dyes generates waste that contains toxic chemicals and heavy metals. When it goes into the waterways it disturbs the aquatic life cycle. The market growth for synthetic dye may be hampered by the environmental factor. Government regulations on the proper disposal of waste minimize the harmful contamination of waterways. proper practices of handling synthetic dye help to reduce the environmental risk.
Covid 19 negatively impacted the synthetic dye market. During the covid 19 demand for synthetic dye, decreased due slow growth of the end-user industry. Production costs were increased due to a shortage of labour and raw material. Operations of end-user industries such as automobile, plastic, and paint were stopped for a few days because of the severity of the disease. The supply chain is disturbed due to government regulations on transportation. After covid 19 construction and textile industries grew due to increasing demand from consumers. Therefore, after covid 19, there is high demand for synthetic dye from the end-user industry.
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Sun Chemical launched a new pigment family name HD Lumina
Lumina HD family of pigments creates new shades of red to maroon and blue. Lumina HD blue AND lumina HD russet are the two pigments that deliver high performance.
Acquisition of DIC group and BASF in the global pigment business.
DIC Group (a subsidiary of sun chemical) completed the acquisition with BASF as the name BASF Colour and Effect (BSE). This acquisition brings together a complementary portfolio of technology.
Top Companies Market Share in Synthetic Dyes Industry: (In no particular order of Rank)
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Globally, the synthetic dye market on the basis of region is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The largest market share of synthetic dye is dominated by Asia Pacific and Europe. There is a probability that Asia Pacific will be dominating the synthetic dye market during the projected period. This is due to the increasing urbanization and globalization. The government is supporting the growth of end-user industries in addition to manufacturing low-cost synthetic dye manufacturing to attract more customers. The increasing disposable income of an individual spent more on fancy products. The textile and automotive industries are flourishing in their growth due to increasing demand from the end user.
Europe is also foreseen to account for a remarkable market share in the global Synthetic Dye market. This is due to the increasing demand for fashionable wear from end users.
The current report Scope analyzes Synthetic Dyes Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Synthetic Dyes Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Synthetic Dyes Industry growth. Synthetic Dyes market has been segmented with the help of its Type, Application Structure, and others. Synthetic Dyes market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Disperse dye is expected to hold the largest market share from the years 2023-2030
The global synthetic dye market is divided into Acid dye, Disperse dye, Basic dye, Reactive dye, Solvent dye, and Direct dye. The dispersed dye is expected to hold the largest share in the upcoming years this is due to dispersed dye being used in the textile industry. Synthetic disperse dyes are less costly as compared to natural dyes. It is suitable for natural as well as synthetic fiber. The dispersed dye has high colour fastness. After multiple washing, it remains with the fiber in addition it is durable. Therefore, disperse dyes are suitable for most of the applications in the textile. Excellent advantages of dispersed synthetic dye are anticipated to drive its demand in upcoming years.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Synthetic Dyes Industry. Request a Free Sample PDF!
The textile segment is estimated to gain the largest share of the Synthetic Dye market during the forecast period.
The global synthetic dye market based on application type is classified into construction, textile, leather, pharmaceutical, printing, and automotive. Globally, the synthetic dye market is estimated to gain the largest share from the textile segments during the forecast period. The growing textile industry and increasing demand from the consumer anticipated the growth of the textile industry. Synthetic dye provides innovation in textile design. Changing the lifestyle of people and increasing a better standard of living leads to the demand for fancy clothes. Therefore, considering these factors, the textile segment is estimated to gain the largest share during the forecast period.
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Synthetic Dyes market report 2024 Edition by contacting our team.
The non-ionic segment is expected to show steady growth over the forecasted period.
By structure, the global synthetic dye market is classified into Cationic, Anionic, and Non-Ionic. The dispersive and reactive dye contains a non-ionic structure. The dye involved in the reaction and forms a covalent bond is called a reactive dye. reactive and disperse dyes are used in the textile industry. Therefore, the growing textile industry anticipated market growth for non-ionic synthetic dye.
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The Global Synthetic Dyes Market is witnessing significant growth in the near future.
In 2023, the Acid dye segment accounted for noticeable share of global Synthetic Dyes Market and is projected to experience significant growth in the near future.
The Construction segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Huntsman Corporation (US) , Lanxess AG (Germany) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Synthetic dyes are organic substances that are used to provide color to textiles, papers, leather, and plastic in a long lasting or permanent way.
Disclaimer:
Type | Acid dye, Disperse dye, Basic dye, Reactive dye, Solvent dye, Direct dye |
Application | Construction, Textile, Leather, Pharmaceutical, Printing, Automotive |
Structure | Cationic, Anionic, Non-Ionic |
List of Competitors | Huntsman Corporation (US), Archroma (Switzerland), Lanxess AG (Germany), Zhejiang Longsheng Group Co., Ltd. (China), Atul Ltd. (india), leubach Gmbh (Germany), Milliken (US), Kiri Industries Ltd. (India), Kemira Oyj (Finland), Cromatos (Italy), Bodal Chemicals Ltd. (India), Solenis (US) |
This chapter will help you gain GLOBAL Market Analysis of Synthetic Dyes. Further deep in this chapter, you will be able to review Global Synthetic Dyes Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Purchase Add-Ons to Customize the Report Edition and get further granular data level data about the North America market. Add-On Cost: Request before placing the order, Respective Pricing will be informed after sending the inquiry
Qualitative Analysis for the North America Market: North America Synthetic Dyes Market Trends North America Synthetic Dyes Technological Road Map North America Synthetic Dyes Market Drivers North America Synthetic Dyes Market Restraints North America Synthetic Dyes Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
You can purchase only the Executive Summary North America Market (2019 vs 2024 vs 2031)
Chapter 3 Europe Market Analysis
You can purchase only the Executive Summary Europe Market (2019 vs 2024 vs 2031)
Chapter 4 Asia-Pacific Market Analysis
You can purchase only the Executive Summary Asia Pacific Market (2019 vs 2024 vs 2031)
Chapter 5 South America Market Analysis
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Chapter 6 Middle East and Africa Market Analysis
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Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
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Chapter 11 Market Split by Application Analysis 2019 -2031
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Chapter 12 Market Split by Structure Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Synthetic Dyes market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Acid dye have a significant impact on Synthetic Dyes market? |
What are the key factors affecting the Acid dye and Disperse dye of Synthetic Dyes Market? |
What is the CAGR/Growth Rate of Construction during the forecast period? |
By type, which segment accounted for largest share of the global Synthetic Dyes Market? |
Which region is expected to dominate the global Synthetic Dyes Market within the forecast period? |
Segmentation Level Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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