Textile Dyes Market Forecasts to 2028 – Global Analysis By Fiber Type (Polyester, Wool, Cotton, Nylon, Acrylic, Other Fiber Types), Type (Reactive, Acid, Direct, Basic, Vat, Disperse, Other Types), End User (Home Textiles, Clothing and Apparels, Automotiv

Textile Dyes Market Forecasts to 2028 – Global Analysis By Fiber Type (Polyester, Wool, Cotton, Nylon, Acrylic, Other Fiber Types), Type (Reactive, Acid, Direct, Basic, Vat, Disperse, Other Types), End User (Home Textiles, Clothing and Apparels, Automotive Textiles, Garments Dyeing, Technical Textiles, Other End Users) and By Geography

According tStratistics MRC, the Global Textile Dyes Market is accounted for $11.40 billion in 2022 and is expected treach $16.73 billion by 2028 growing at a CAGR of 6.6% during the forecast period. While colouring textile items including fibres, yarns, and fabrics, textile dyes are employed. The market will be driven by consumer preferences for natural dyes, an increase in the demand for coloured fabrics and fibres, and substantial investment in plant-based dye research and development.

According tthe report by the Organization for Economic Co-operation and Development, household expenditure in China has increased from 3,334.045 billion in 2007 t9,809.086 billion in 2018.

Market Dynamics:

Driver:

Increasing consumer spending

As a result of high economic growth and rising disposable income, there is a spike in domestic demand for textiles, which will support the expansion of the textile dye market during the forecast period. Moreover, wealthy and aspiration households encouraged domestic consumption across the globe. Customers have increased their expenditure on fashion, personal care, and financial services during the past ten years, demonstrating a trend of attention being paid tone's appearance.

Restraint:

Dearth of universal directives

The lack of global regulations governing the use of textile dyes is anticipated tconstrain the market over the coming years. Regarding the usage of textile dyes, each nation has its own regulations and laws. Businesses find it challenging tcomply with these national mandates and laws. This could deter investment from the textile dyes business, which would hurt the market. Over the projection period, it is anticipated that a shortage of knowledge and a low acceptance of textile dyes in several developed and undeveloped nations will limit market growth.

Opportunity:

Growing demand in the garment industry

The style, fashions, and global networking of the clothing sector have all seen numerous revolutionary changes in recent years. Throughout the projected period, increased disposable cash and rising household expenditure in emerging economies are anticipated tfuel market expansion. Also, an increasing number of shops around the world are helping tmeet the increased demand for clothing, which is in turn boosting the need for textile dyes. Natural dyes are being used more frequently in textile applications due trising consumer demand for ecologically friendly products, which has increased dye sales. The textile sector has expanded significantly in recent years, and as fashion trends change, new opportunities are being sought by the apparel industry.

Threat:

Stringent government regulations

The main issues in the textile dyes market that have been identified as having the potential timpede market expansion in the coming years are the environmental impact of dyes and strict government regulations. Certain dyes have different environmental effects, and the governments of different nations have enacted different rules regarding residue in waterways, air pollution, as well as other issues. For instance, the Indian government has outlawed several azdyes because they are thought tbe cancerous and contain dangerous substances like formaldehyde and specific metals.

Covid-19 Impact

The COVID pandemic caused lockdowns as well as other restrictions tbe implemented by governments all around the world, which halted the production of garments and apparel. There were consequently fewer options on the market, which reduced the production of apparel and clothing and consequently reduced sales of clothing-related products. The need for dyes in the textile sector dropped as a consequence of a decrease in the production of clothing and apparel since dyes are needed tgive clothes colour.

The Polyester segment is expected tbe the largest during the forecast period

The Polyester segment is estimated thave a lucrative growth, due tits many qualities, including being both strong and lightweight, quick tdry, highly durable, and resistant tshrinking, stretching, wrinkling, and abrasions. The most popular applications for polyester are sporting, apparel, footwear, and bedding items including blankets, duvet covers, sleeping bags, etc.

The Clothing and Apparel segment is expected thave the highest CAGR during the forecast period

The Clothing and Apparel segment is anticipated twitness the fastest CAGR growth during the forecast period, due trapid urbanisation, the emergence of e-commerce platforms offering goods made of eco-friendly materials like recycled polyester, the rise of at leisure, and the trend towards size-inclusive fashion are all contributing factors. Hence, these changes have caused a change in how individuals dress and a greater use of clothing.

Region with highest share:

Asia Pacific is projected thold the largest market share during the forecast period owing tits well-established textile industry and the presence of key textile-producing nations like China and India. Also, the market for textile dyes is anticipated tbenefit from the region's developing manufacturing sector, rapid urbanisation, and better economic conditions in a number of the region's nations. The market has grown as a result of the rise in customer demands for textiles used in a variety of industries, including clothing manufacturing, home textiles, and industrial/technical textiles.

Region with highest CAGR:

North America is projected thave the highest CAGR over the forecast period, owing testablished automobile sector in this region. Increasing environmental laws during the manufacturing of synthetic fibers are likely timpede the market's expansion in the area. The market for textile dyes is alsgrowing as a result of lower manufacturing costs brought on by cheaper labour and raw materials.

Key players in the market

Some of the key players profiled in the Textile Dyes Market include Atul Ltd., Huntsman Corporation, Alchemie technology, Jay Chemical Industries Limited, Avocet Dye & Chemical Co. Ltd., SumitomChemical Co., Ltd., Lanxess AG, Organic Dyes and Pigments LlC, Archroma, Everlight Chemical, Anand International, Aarti Industries Ltd, Kiri Industries, Bodal Chemical and Jihua Group.

Key Developments:

In March 2022, Atul Ltd. expanded its sulfur black manufacturing facility tenhance its production of liquid and powder formulations. The company offers a wide range of vat, reactive, disperse, acid and direct dyes for use across various industries.

In April 2020, Alchemie technology, a UK-based manufacturer of unique digital materials fabrication technologies, launched Alchemie Endeavour, a waterless smart dying technology. This waterless smart dying uses advanced digital manufacturing technology tachieve a breakthrough in cost structure, supply chain capability, and fabric colouration for sustainability. Endeavour employs advanced digital colourant application and fixation technology tprovide fabrics with single pass roll-to-roll solid colours.

In September 2019 Huntsman introduced a new product HIGH IQ Cool Comfort. With this launch, the company extended its HIGH IQ series.

Fiber Types Covered:
• Polyester
• Wool
• Cotton
• Nylon
• Acrylic
• Other Fiber Types

Types Covered:
• Reactive
• Acid
• Direct
• Basic
• Vat
• Disperse
• Other Types

End Users Covered:
• Home Textiles
• Clothing and Apparels
• Automotive Textiles
• Garments Dyeing
• Technical Textiles
• Other End Users

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements