Archroma and Atul Ltd., Colorant Limited. Vipul organics Ltd., Zhejiang runtu Co Ltd. DyStar Singapore Pte Ltd. LANXESS. Organic Dyes and Pigments. Kiri Industries. Huntsman International LLC. Colourtex. DEV COLOURS. SA Robama.
New York, Nov. 29, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Textile Dyes Global Market Report 2022: Ukraine-Russia War Impact” – https://www.reportlinker.com/p06368560/?utm_source=GNW
At a compound annual rate of growth (CAGR), 6.57%, the global market for textile dyes is projected to increase from $8.18 million in 2021 to $9.72 billion by 2022. In the short-term, the Russia-Ukraine conflict has hampered global economic recovery following the COVID-19 epidemic. These two warring countries have imposed economic sanctions and triggered a surge in commodity prices. This has had a ripple effect on many markets around the world. With a CAGR rate of 6.59% the market for textile dyes is projected to grow to $11.25 Billion in 2026.
Textile dyes markets are made up of the sales of dyes to textile fabrics by organizations, sole traders and partnerships. These dyes can be used in fabric to give it permanent colours that will last through multiple uses.
Dyeing has the primary purpose of applying uniform color to substrates (fibre, yarn or fabric), while still meeting colour-fastness standards for cloth.
There are five main types of textile dyes: direct, reactive and basic.
The direct dye process is used for colouring cotton and other cellsulosic fabrics.
Clothing & apparel, home textile, and industrial textiles are the applications of textile dyes.
Asia-Pacific was the most important region of the global textile dyes market by 2021. North America is forecast to grow at the fastest rate in this period.
These regions are covered by the textile dyes market report: Asia-Pacific and Western Europe.
The textile dye market is likely to grow due to increased demand from the garment sector.
The apparel industry is consumer-based and contributes to the economy through trade in the garment value chain.
Obrelo (a Russian drop-shipping company based in Russia) published a February 2022 report that showed the fashion industry experienced 18.4% growth in 2021. The sales forecast for 2022 is $473.42 million. The textile dyes market will be driven by the growing demand for garments and fashion.
The textile dyes industry is rapidly adopting innovative technology to make it more sustainable.
Use of nanotechnology for more scientific clothing has led to significant advances in the textile sector. These advancements will allow textile product and material dying markets to adopt more sustainable dying technologies.
The major companies involved in textile dyes are working hard to develop new technology. Alchemie technology, an UK-based producer of digital material fabrication technologies, introduced Alchemie Endeavour in April 2020. This waterless smart dying technology.
Advanced digital manufacturing technology is used to create waterless smart dyes that are cost-effective, sustainable, and easy to use. Endeavour applies advanced digital colourant fixation and application technology to create fabrics in single pass, roll-to–roll solid colours.
C.H., a US-based chemical manufacturer company, was purchased by Royce Global. Patrick & Co. for an undisclosed amount. Royce aims at expanding its product range for the textile industry with this acquisition. The company’s portfolio of products in the textile sector is also strengthened by this acquisition, which includes dyeing preparation and dyeing finishing chemicals and sulfur-disperse dyes. C.H. Patrick & Co is a US-based textile dyes and chemical manufacturing company.
This report covers the countries of Australia, Brazil and China as well as France, Germany.
This report provides market statistics for textile dyes, such as the global textile dyes sector, share of competitors, textile dyes markets in each region, textile dyes market segment, market trends, opportunities and market shares. The textile dyes industry market report provides a comprehensive overview of all the relevant data, as well as an analysis of current and potential future trends.
Read the full report: https://www.reportlinker.com/p06368560/?utm_source=GNW
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