The Disperse Dyes by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Disperse Dyes, The disperse dyes market size has grown rapidly in recent years. It will grow from $3.83 billion in 2023 to $4.26 billion in 2024 at a compound annual growth rate (CAGR) of 11.3%. The growth in the historic period can be attributed to demand for synthetic fibers, rise in apparel and textile manufacturing, globalization of textile production, regulatory compliance and product safety, consumer trends and fashion preferences.
The disperse dyes market size is expected to see rapid growth in the next few years. It will grow to $6.26 billion in 2028 at a compound annual growth rate (CAGR) of 10.1%. The growth in the forecast period can be attributed to sustainable dyeing practices, bio-based and eco-friendly dye formulations, expansion into non-textile applications, focus on circular economy, global economic trends. Major trends in the forecast period include innovations in dyeing technologies, advanced printing technologies, technological advances in dyeing processes, rising demand for high-performance dyes in technical textiles, shift towards digital printing technologies.
The rising demand for synthetic fiber is expected to propel the growth of the disperse dyes market going forward. Synthetic fiber, also known as man-made textile fiber, is entirely made of chemicals. Disperse dyes are used to color synthetic textiles since they lack ionic and hydrophobic characteristics. Synthetic fibers are more resilient, elastic, robust, and affordable, increasing the demand for disperse dyes. For instance, in November 2022, according to an article published by Textile Exchange, a US-based non-profit organization, in 2021, 72 million tonnes of synthetic fibers was produced. Therefore, the rising demand for synthetic fiber is driving the growth of the dispersed dyes market.
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The disperse dyes market covered in this report is segmented –
1) By Type: Low Energy Dyes, Medium Energy Dyes, High Energy Dyes
2) By Fiber Type: Polyester, Nylon, Rayon, Cotton, Wool, Acrylic, Other Fiber Types
3) By Chemical: Nitro Dyes, Amino Ketone Dyes, Anthraquinonoid Dyes, Mono Azo Dyes, Di-Azo Dyes
4) By Application: Textile, Leather, Paint And Coatings, Plastic, Other Applications
Major companies operating in the disperse dyes market are developing new disperse dyes with long lasting coloration to gain a competitive edge in the market. Coloration refers to the process of imparting color to a material, typically textiles, fibers, or other surfaces. For instance, in June 2023, JAY Chemical Industries Private Limited, an India-based chemical manufacturing company launched the Jaylene range of dispersed dyes. The Jaylene range is developed with advanced formulations and cutting-edge technology to ensure superior performance and color fastness. This new range caters to the specific needs of industries such as textile manufacturing, fashion, and home furnishing, providing comprehensive solutions for both Cellulosic and Polyester materials.
The disperse dyes market report table of contents includes:
1. Executive Summary
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