Organic Dyes Market Report

Organic Dyes Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2015 To 2022

Format: PDF  |  Report ID: GVR1768

Global shift towards environmental friendly products coupled with accelerated consumer spending is expected to be the key driving factor for organic dyes market over the next seven years. Dyes are classified into reactive dyes, sulfur dyes; disperse dyes, acid dyes, VAT dyes and direct dyes. Organic dyes market is classified based on application into textiles, leather, paper, plastics, constructions, paper & specialty, printing inks, paints and coatings. Textile is the dominant application for organic dye market which in turn is expected to fuel the demand over the forecast period. Organic dyes manufacturing industry is still in its infancy stage as research product development is carried out by industry participants. Organic dyes market demand is expected to be driven by technological development and increased printing ink demand along with growing infrastructure. This market is projected to grow owing to expanding manufacture base aided by wide variety of product choice over the forecast period. Market demand is expected to stem from increasing quality and performance coupled with stringent government environmental regulations.

Asia Pacific is expected to experience highest consumption owing to India and China being the largest producers and consumers of dyes. Increase in per capita disposable income coupled with population expansion in emerging economies of Asia pacific and Central & South America is expected to drive organic dyes market over the forecast period. Export opportunities are expected to be a key driving factor fuelling organic dyes market demand. Increased end user industries demand is also slated to fuel organic dyes market demand.

Organic dyes markets demand is anticipated to grow both in value as well as volume owing to development in production technology and expanding consumer base. High capacity utilization rates are expected to drive prices upwards and raw material price volatility coupled with global over capacity might restrain market growth and are slated to pose challenges to market players. Slow growth in printing inks and moderation is vehicle productions are also expected to serve as factors posing market challenges to industry participant’s growth. Environmental concerns are anticipated to act as restraints to this market. Advances in printing inks and cheap labor are expected to create lucrative opportunities in organic dyes market. Different and new textile colors coupled with innovative designs might also create opportunities for market players. Performance and quality standards are also expected to create opportunities for market players. Innovative organic dyes in textile sector yield opportunities for industry players to make it a niche market.

Global organic dyes market has witnessed a recent shift of manufacturing base from mature markets of North America and Europe to emerging economies of Asia Pacific. Countries in Asia Pacific such as China, India, Bangladesh and Vietnam are characterized by availability of low labor cost which in turn is expected to be a attractive investments for major industry participants. China is expected to remain the dominant consumer and producer of organic dyes India witnessed significant growth in past few years owing to tax and excise concessions for infant and small industries. The fastest growth is expected to be in paints and coatings on account of increased construction expenditures by North America.

Key players operating in organic dyes market include Altana Ag, Cathay Pigments, Inc., DIC Corp., Sun Chemical Corp., Dainichiseika Color & Chemicals Mfg. Co. Ltd., E.I. du Pont de Nemours and Co., Ferro Corp., Heubach GmbH, Ishihara Corp., KemiraOyj, Kronos Worldwide Inc., The Shepherd Color Co., Toyo Ink SC Holdings Co. Ltd., and Tronox Inc., Basf Se. Other players include Kiri Industries Ltd., Clariant International Ltd., Cabot Corp., CPS Color AG, ECKART GmbH, Flint Group, Huntsman Corporation, Kronos Worldwide, Inc., LANXESS AG, CRISTAL , Rockwood Holdings,  Inc., Zhejiang Longsheng Group Co. Ltd, Sudarshan Chemicals, Tronox Ltd., Huntsman International LLC.

 

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