As per Future Market Insights, the acid dyes market is anticipated to attain a value pool of US$ 1.5 billion by 2023-end. Global demand for acid dyes is expected to rise at a CAGR of 5.7% to US$ 2.6 billion in 2033
Data Points | Key Statistics |
---|---|
Expected Market Value of Acid Dyes in 2023 | US$ 1.5 billion |
Projected Market Value of Acid Dyes in 2033 | US$ 2.6 billion |
Growth Rate of the Acid Dyes Market (2023 to 2033) | 5.7% CAGR |
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The sales of these dyes are estimated to boost up owing to the increasing demand from various textile sectors including the production of garments, apparels, and technical fabrics apart from others.
Acid dyes exhibit superior properties with respect to durability, reactivity, and strength. In addition, their cost-effectiveness makes them suitable for natural fibers including wool, silk, and jute.
The dyes also impart vibrant colors to natural fibers due to their superior bonding strength achieved from the strong bond between the negatively charged acid dyes and positively charged natural fibers. Therefore, the rising awareness of the superior properties of the particular dyes is expected to boost the growth of during the next few years.
The textile market is also driven by the capacity expansions of many large producers. Natural fibers, including silk and wool, are increasingly used in the production of garments, apparels, medical dressings, and automobile interiors, further creating opportunities for this market.
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The textile acid dyes are highly effective for silk, nylon, protein and modified acrylics. Acid dyes are structurally complex with large aromatic molecules and amino groups that makes them soluble in water. The parameters for dyes in textile industry include dyeing levelling agents, dyeing temperature, heating rates and washing off process. Therefore, dyes are highly effective in the textile industry.
Commercially, they serve an industrial purpose attributing to their acidic applications that have a broad range of colors. The dyes can be divided into three major categories such as levelling, milling and super milling dyes.
Levelling these dyes possess good levelling properties while milling and super milling dyes possess identical properties with the only difference that super milling acids come with a significance strike rate resulting in good fastness. Therefore, based on dye selection and methods, a dyer needs to ensure that the selected dyes possess similar properties.
In addition, favorable conditions for textile and paper market in the developing economies is likely to contribute to the market developments in the forecast period. Moreover, use of natural wool, garments and medical dressings are likely to contribute to the market development in the years to come.
On contrary, availability of cheap substitutes at low prices is hindering the market growth. Additionally, stringent policies by the government are also expected to impede the market growth in the coming years.
Asia-Pacific region dominated the global dyes market owing to increased manufacturing capabilities in developing economies such as China, India and Indonesia. United States leads the North and South American region in production and export of dyes, followed by Brazil. A number of global players operating in the region have shifted their manufacturing facilities to low-cost APAC countries with less stringent regulations.
Manufacturers in developing countries are focusing on increasing their production capacities by installing new and improved technologies that lead to less wastage. Developing countries are witnessing high growth with countries such as China, India, and Thailand producing
The key countries covered in this report are Germany, Italy, Spain and Russia. The Various applications included in this market report are Textile, Leather, Paper and others. Further, as a part of qualitative analysis, the Market research report provides a comprehensive review of the important drivers, restraints, opportunities, and burning issues in the dyes market.
The Europe Dyes Market report also provides an extensive competitive landscape of the companies operating in this market. It also includes the company profiles of and competitive strategies adopted by various market players, including
Some of the leading manufacturers and suppliers include
Acid dyes are water-soluble anionic compounds which are developed by methods like Exhaust / Beck / Continuous (carpet) and their typical fixation rate is 80% to 90%. These dyes are used a lot in leather industries as they are exhibiting high light fastness, wash fastness and rubbing fastness.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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