The basic dyes global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Basic Dyes Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The basic dyes market size has grown rapidly in recent years. It will grow from $1.54 billion in 2023 to $1.71 billion in 2024 at a compound annual growth rate (CAGR) of 11.3%. The growth in the historic period can be attributed to textile industry expansion, demand for affordable coloring solutions, growth in paper and pulp industry, leather dyeing applications, rise of affordable synthetic fibers.
The basic dyes market size is expected to see rapid growth in the next few years. It will grow to $2.52 billion in 2028 at a compound annual growth rate (CAGR) of 10.1%. The growth in the forecast period can be attributed to growing demand for environmentally friendly dyes, expansion of non-textile applications, increased use in biological staining, shifts in consumer preferences, regulatory emphasis on eco-friendly solutions. Major trends in the forecast period include focus on product differentiation, technological advancements in manufacturing, global trade dynamics and supply chain optimization, rising importance of research and development ,increased use in digital printing .
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Scope Of Basic Dyes Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Basic Dyes Market Overview
Market Drivers –
The rising demand from end-use sectors such as the paper and leather industries are expected to propel the growth of the basic dyes market going forward. The paper and pulp industry refers to the industry that manufactures pulp and paper from wood or recycled fiber. The leather industry includes the preservation of rawhide after slaughter and the tanneries that turn raw skins into durable leather. Basic dyes are widely used for coloring and providing color fastness, an added benefit for producing attractive graphics and prints. Thus, the demand rises from these sectors to expand the basic dyes market. For instance, in September 2022, according to the International Energy Agency, a France-based independent intergovernmental organization, globally, paper output hit a new high of 415 metric tons in 2021, a 4% improvement over 2020. Furthermore, in February 2021, according to the Leather and Hide Council of America, a US-based trade organization states, the United States hide, skin and leather industry exported more than $1.4 billion in combined cattle hides, pigskins, and semi-processed leather goods in 2021, a $506 million increase from 2020. Therefore, rising demand from end-use sectors like paper, textile, and leather drives the basic dyes market.
Market Trends –
Technological advancements are a key trend gaining popularity in the basic dyes market. Major companies operating in the basic dyes market are focused on developing innovative technologies to strengthen their position in the market. For instance, in August 2022, Thesara Industrial Technology Private Limited, an India-based technology company launched new indigo dyeing wisik technology. This technology saves water and zero effluent that create an ultimate sustainable indigo dyeing and functional coating on the fabric, specially designed for environmentally-conscious people.
The basic dyes market covered in this report is segmented –
1) By Type: Liquid, Powder
2) By Sales Channel: Online, Offline
3) By Application: Hair Dyeing, Paints And Coating, Textile, Plastic Industry, Agrochemicals, Petroleum, Paper Industry, Other Applications
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Regional Insights –
Asia-Pacific was the largest region in the basic dyes market in 2023. The regions covered in the basic dyes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Key Companies –
Major companies operating in the basic dyes market report are BASF SE, Bayer AG, Archroma Corporation, Nippon Kayaku Co.Ltd., CHT Group, Aljo Mfg Co., Osaka Godo Co Ltd., Setas, Atul Ltd., Chromatech Inc., Victor Color Industries, Sensient Technologies Corporation, Hodogaya Chemical Co Ltd., Zheijang Longsheng Group Co Ltd., Suzhou Sunway Dyes and Chemicals Co Ltd., Tailon Group, Shandong Qingshun Chemical Technology Co Ltd., Clariant AG, DuPont de Nemours Inc., Sigma-Aldrich, Lonsen, Hebei Youhao Chemical Co Ltd., GFS Chemicals Inc., Equinox Impex India, Meera Dyestuff Industries, Tianjin Yadong Group Co Ltd., Seta Corporation, Hangzhou Dikai Chemical Co Ltd., Abbey Color Inc., Ambuja Intermediates Limited, Anhui Tianrun Chemical Industry Co Ltd. .
Table of Contents
1. Executive Summary
2. Basic Dyes Market Report Structure
3. Basic Dyes Market Trends And Strategies
4. Basic Dyes Market – Macro Economic Scenario
5. Basic Dyes Market Size And Growth
…..
27. Basic Dyes Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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