Organic Dyes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global organic dyes market size reached US$ 3.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.4 Billion by 2028, exhibiting a growth rate (CAGR) of 5.57% during 2022-2028.
Organic dyes, also known as natural dyes, are made using complex aromatic compounds with substantial structural diversity. They provide a high degree of biological, chemical, and photocatalytic stability, which is resistant to degradation. As a result, they are utilized in processes like agricultural research and electroplating, and the production of a wide range of products, such as fabric, leather, textile, pulp and paper, cosmetics, and pharmaceuticals. Some of the commonly available organic dyes include acid, vat, reactive, and mordant.
Organic Dyes Market Trends:
A significant increase in the demand for eco-friendly products due to the rising awareness among individuals about environmental concerns represents one of the key factors bolstering the growth of the market. Apart from this, there is a considerable increase in awareness among parents about the harmful impact of artificial dyes on babies, which may lead to vomiting, cyanosis, and abdominal distension. This, coupled with the rising utilization of organic dyes in the construction industry across the globe for masonry, walls, floor tiles, and roof tiles, is contributing to market growth. Furthermore, the introduction of numerous advancements in the printing industry is offering lucrative growth opportunities to market players operating in the industry. This, in confluence with the introduction of new textile colors and innovative designs in textiles, is positively influencing the sales of organic dyes. Besides this, manufacturers are continuously funding research and development (R&D) activities to develop robust and cost-effective technologies for the processing and widening application of organic dyes around the world. They are also focusing on improving the quality of the existing product, which is projected to impel the growth of the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global organic dyes market report, along with forecasts at the global, regional and country levels from 2023-2028. Our report has categorized the market based on product, source and application.
Breakup by Product:
Acid
Basic
Reactive
Direct
Disperse
Sulphur
Others
Breakup by Source:
Animal
Plant
Minerals
Breakup by Application:
Paints and Coatings
Textiles
Plastics
Printing Inks
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Albemarle Corporation, Altana AG, BASF SE, Cabot Corporation, DIC Corporation, DuPont de Nemours Inc., Ferro Corporation, Huntsman Corporation, Kemira Oyj, Kiri Industries Limited, Lanxess AG and Toyo Ink SC Holdings Co. Ltd.
Key Questions Answered in This Report
1. What was the size of the global organic dyes market in 2022?
2. What is the expected growth rate of the global organic dyes market during 2023-2028?
3. What are the key factors driving the global organic dyes market?
4. What has been the impact of COVID-19 on the global organic dyes market?
5. What is the breakup of the global organic dyes market based on the product?
6. What is the breakup of the global organic dyes market based on the application?
7. What are the key regions in the global organic dyes market?
8. Who are the key players/companies in the global organic dyes market?