The VAT Dyes Global Market Report 2023, provides comprehensive information on the vat dyes market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global VAT dyes market size is expected to grow from $10.67 billion in 2022 to $11.41 billion in 2023 at a compound annual growth rate (CAGR) of 6.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global VAT dyes market size is expected to reach $14.25 billion in 2027 at a CAGR of 5.7%.
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Product innovation is a key trend gaining popularity in the vat dyes market. Major companies operating in vat dyes market are focused on developing innovative solutions to strengthen their position in the market. For instance, in January 2022, Atul Ltd., an India-based integrated chemical company, launched NOVATIC Classic Dark Green Pdr and NOVATIC Classic Dark Navy Pdr., a customized vat dye products. These vat-dyed products have excellent build-up, reproducibility, and overall fastness properties and offer superior tinctorial strength. The best applications for this product are furnishings, leisure wear, and institutional wear. These products also provide customized colors for modest textile clusters.
The vat dyes market is segmented:
1) By Product Type: Carbazol Derivatives, Indigo Derivatives, Anthraquinone Derivatives, Thio-indigo Dyes, Others Product Types
2) By Methods: Dip Dyeing, Pad Dyeing
3) By Application: Wool, Cotton, Fiber, Viscose Rayon, Leather, Others Applications
Asia-Pacific was the largest region in the vat dyes market in 2022.
The table of contents in TBRC’s vat dyes market report includes:
1. Executive Summary
2. VAT Dyes Market Characteristics
3. VAT Dyes Market Trends And Strategies
4. VAT Dyes Market – Macro Economic Scenario
5. VAT Dyes Market Size And Growth
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26. Africa VAT Dyes Market
27. VAT Dyes Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The VAT Dyes Market
29. VAT Dyes Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
- Clariant International Ltd
- CPS Color Group
- Flint Group Pvt. Ltd
- Jagson Colorchem Ltd
- Kiri Dyes and Chemicals Ltd
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