Overview and Scope
Disperse dye is an organic coloring agent that is free of radiation exposure has a low water solubility, and is suitable for coloring textile materials made from colloid dispersions that are hydrophobic. It has a low molecular weight and compounds of azo, anthrax-quinine, diphenylamine, and other components.
Sizing and Forecast
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.
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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
Asia-Pacific was the largest region in the disperse dyes market in 2023. The regions covered in the disperse dyes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
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.
Key Industry Players
In October 2022, Clariant, a Switzerland-based innovative specialty chemical company, acquired BASF’s U.S. for USD 60 million. This acquisition broadens, diversifies, and enriches Clariant’s portfolio by adding long-term franchises in chemical production and expanding the clean-up of edible oils and renewable fuels. BASF is a Germany-based chemical manufacturing company that manufactures disperse dyes for coloring textile materials.
The disperse dyes market report table of contents includes:
1. Executive Summary
2. Disperse Dyes Market Characteristics
3. Disperse Dyes Market Trends And Strategies
4. Disperse Dyes Market – Macro Economic Scenario
5. Global Disperse Dyes Market Size and Growth
………..
31. Global Disperse Dyes Market Competitive Benchmarking
32. Global Disperse Dyes Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Disperse Dyes Market
34. Disperse Dyes Market Future Outlook and Potential Analysis
35. Appendix
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