Global Textile Dyes Market to Reach USD 14.9 Billion by 2032, Growing at a CAGR of 5.89% | Astute Analytica

CHICAGO, NY, UNITED STATES, November 28, 2024 /EINPresswire.com/ -- The global 𝐭𝐞𝐱𝐭𝐢𝐥𝐞 𝐝𝐲𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭, valued at 𝐔𝐒𝐃 𝟖.𝟗 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟑, is projected to grow significantly, reaching a market valuation of 𝐔𝐒𝐃 𝟏𝟒.𝟗 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 𝟐𝟎𝟑𝟐, with a steady compound annual growth rate (𝐂𝐀𝐆𝐑) 𝐨𝐟 𝟓.𝟖𝟗% during the forecast period from 𝟐𝟎𝟐𝟒 𝐭𝐨 𝟐𝟎𝟑𝟐.

𝐀𝐜𝐜𝐞𝐬𝐬 𝐃𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:- https://www.astuteanalytica.com/request-sample/tyextile-dyes-market

This promising growth trajectory is driven by escalating demand for vibrant and sustainable textile dyes in the fashion, apparel, and home furnishing industries. Rising consumer preference for eco-friendly and non-toxic dyes, coupled with stringent environmental regulations, is pushing manufacturers to innovate and adopt sustainable production methods.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐲𝐧𝐚𝐦𝐢𝐜𝐬

𝐃𝐫𝐢𝐯𝐞𝐫: 𝐑𝐢𝐬𝐢𝐧𝐠 𝐃𝐞𝐦𝐚𝐧𝐝 𝐟𝐨𝐫 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐥𝐞 𝐃𝐲𝐞𝐬

The global textile dyes market is experiencing a seismic shift with the rising demand for sustainable dyes, marking a green revolution in the industry. This driver is not just a fleeting trend but a fundamental change in response to increasing environmental awareness and regulatory pressures. As of 2023, over 30% of global consumers showed a preference for eco-friendly clothing, significantly impacting the dye market. Environmental concerns have led to a surge in demand for natural dyes, with the market share expected to grow by 11% from 2023 to 2028. The shift is also evident in the 20% annual increase in the organic textile market, directly influencing eco-friendly dye consumption. In addition, stringent regulations, such as the EU's REACH (Registration, Evaluation, Authorisation, and Restriction of Chemicals), have accelerated the shift towards sustainable dyes. The global market for sustainable dyes was estimated to be worth $5 billion in 2023, showcasing the scale of this transition.

As per our analysis, manufacturers are responding to this shift by investing in R&D. Over $500 million was invested in developing sustainable dye technologies in 2023 alone. The use of plant-based dyes has risen by 15% in the past year, reflecting this trend. This movement towards sustainable dyes is not just a response to consumer and regulatory demands but also a strategic business decision. Companies adopting greener practices are gaining a competitive edge, with a 25% increase in market share observed among companies that have switched to sustainable dyes.

𝐅𝐨𝐫 𝐦𝐞𝐝𝐢𝐚 𝐢𝐧𝐪𝐮𝐢𝐫𝐢𝐞𝐬, 𝐩𝐥𝐞𝐚𝐬𝐞 𝐜𝐨𝐧𝐭𝐚𝐜𝐭:- https://www.astuteanalytica.com/industry-report/tyextile-dyes-market

𝐓𝐨𝐩 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐆𝐥𝐨𝐛𝐚𝐥 𝐓𝐞𝐱𝐭𝐢𝐥𝐞 𝐃𝐲𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭

• Allied Industrial Corp, Ltd.
• Archroma Management LLC
• Atul Ltd
• BASF SE
• Dow
• Huntsman Corporation
• DuPont de Nemours, Inc
• Kiri Industries
• Lanxess
• Sumitomo Chemical
• Vipul
• Other Prominent Players

𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:

𝐁𝐲 𝐓𝐲𝐩𝐞

• Direct Dyes
• Basic Dyes
• Natural Dyes
• Reactive Dyes
• Sulfur Dyes
• VAT Dyes
• Disperse Dyes
• Others

𝐁𝐲 𝐅𝐢𝐛𝐞𝐫 𝐓𝐲𝐩𝐞

• Wool
• Nylon
• Cotton
• Polyester
• Acrylic
• Others

𝐁𝐲 𝐒𝐨𝐮𝐫𝐜𝐞

• Natural
• Synthetic

𝐁𝐲 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧

• Home Textiles
• Technical Textiles
• Clothing/ Apparel
• Automotive
• Others

𝐁𝐲 𝐑𝐞𝐠𝐢𝐨𝐧

• North America
• The U.S.
• Canada
• Mexico
• Europe
• Western Europe
• The UK
• Germany
• France
• Italy
• Spain
• Rest of Western Europe
• Eastern Europe
• Poland
• Russia
• Rest of Eastern Europe
• Asia Pacific
• China
• India
• Japan
• Australia & New Zealand
• South Korea
• ASEAN
• Rest of Asia Pacific
• Middle East & Africa (MEA)
• Saudi Arabia
• South Africa
• UAE
• Rest of MEA
• South America
• Argentina
• Brazil
• Rest of South America

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐑𝐞𝐩𝐨𝐫𝐭@- https://www.astuteanalytica.com/request-sample/tyextile-dyes-market

𝐀𝐛𝐨𝐮𝐭 𝐀𝐬𝐭𝐮𝐭𝐞 𝐀𝐧𝐚𝐥𝐲𝐭𝐢𝐜𝐚:

Astute Analytica is a global analytics and advisory company that has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in-depth, and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the globe.

They are able to make well-calibrated decisions and leverage highly lucrative opportunities while surmounting the fierce challenges all because we analyse for them the complex business environment, segment-wise existing and emerging possibilities, technology formations, growth estimates, and even the strategic choices available. In short, a complete package. All this is possible because we have a highly qualified, competent, and experienced team of professionals comprising business analysts, economists, consultants, and technology experts. In our list of priorities, you-our patron-come at the top. You can be sure of the best cost-effective, value-added package from us, should you decide to engage with us.

Aamir Beg
Astute Analytica
+1 888-429-6757
email us here
Visit us on social media:
X
LinkedIn