Global Leuco Dye Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Leuco Dye Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global Leuco Dye market finds that the global Leuco Dye market reached a value of USD 230.13 million in 2022. It’s expected that the market will achieve USD 256.0 million by 2028, exhibiting a CAGR of 1.79% during the forecast period.

Influence of COVID-19 Outbreak on Global Leuco Dye and Thermal Paper Industry Development

Since the outbreak of the COVID-19 virus in December 2019, the disease has spread to nearly 100 countries around the world, and the World Health Organization has declared it an emergency public health event. It has begun to feel the global impact of coronavirus disease (COVID-19) in 2019 and will greatly affect the Leuco Dye market in 2020. Under the influence of COVID-19, logistics will be suspended and the supply of Leuco Dye will be tight. During the outbreak of COVID-19 (Coronavirus) due to the shortage of personnel and resources, companies in the thermal paper market face the problem of keeping production equipment running normally. Production has stalled, the company's inventory has increased, and the production of related companies in the severely affected areas has been greatly affected. The short-term epidemic has little effect on the supply of equipment and its raw materials for enterprises, mainly consuming inventory materials. The long-term epidemic will cause inestimable losses.
Secondly, Leuco Dye is dye with high usage rate in the Thermal Paper industry. Thermal Paper has been widely used in labeling and packaging applications, including food, logistics and production management, and many other end-use industries. These end users have huge demand for Thermal Paper and other thermal products. The impact of COVID-19 on the Leuco Dye and Thermal Paper industry will involve all major links and all entities downstream in the industry chain. Downstream buyers in the Leuco Dye and Thermal Paper industry are basically crowded. Due to the need for epidemic isolation, people's travel and lifestyle are restricted. Therefore, the catering industry is also one of the industries most affected by the epidemic. However, the demand for industries that can use logistics distribution, such as online supermarket retailing, has not been greatly affected. But it is undeniable that during the epidemic, network expansion in the downstream market was delayed, marketing was delayed, brand adjustment was forced, and market sales declined Company and employee income declined. These influenced the demand for Leuco Dye and Thermal Paper. Therefore, the impact on the Leuco dye industry depends on the prevention and control effects of COVID-19.

Region Overview:

In 2022, the share of the Leuco Dye market in China stood at 79.99%.

Company Overview:

Connect Chemicals GmbH is one of the major players operating in the Leuco Dye market, holding a share of 38.72% in 2023.

Key Companies in the global Leuco Dye market covered in Chapter 3:

Kolorjet Chemicals
Hebei Jianxin Chemical
Shouguang Fukang Pharmaceutical
Chameleon Speciality Chemicals
Connect Chemicals GmbH
Yamada Chemical
TMC Ha
Sadhana Nitro Chem

In Chapter 4 and Chapter 14.2, on the basis of types, the Leuco Dye market from 2018 to 2029 is primarily split into:

Touch Activated
Cold Activated

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Leuco Dye market from 2018 to 2029 covers:

Thermal Paper
PH indicator
Other

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)