Outlook on the Global Acid Dyes Market to 2023 - Increased Adoption of Environment-Friendly Dyes

Wednesday, 31. July 2019 11:25

Dublin, July 31, 2019 (GLOBE NEWSWIRE) -- The "Global Acid Dyes Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

The exponential growth of the textile industry in countries such as China, India, Indonesia, Brazil, and Mexico are expected to increase the demand for acid dyes. Factors like availability of raw materials, cost-effective labor, low logistics cost, and favorable government policies are motivating the global dye vendors to shift their manufacturing units to these countries.

The textile market is also driven by the capacity expansions of many critical vendors in APAC. Natural fibers, including silk and wool, are increasingly used in the production of garments, apparels, medical dressings, and automobile interiors. This is expected to increase the demand acid dyes and subsequently drive the growth of the global acid dyes market size at a CAGR of over 6% during the forecast period.

Superior properties of acid dyes

Acid dyes offer superior durability, reactivity, and are cost-effective compared to other alkaline dyes. Acid dyes impart vibrant colors to natural fibers such as wool, silk, and jute. They are also easy to apply and are resistant to chemicals. Many such advantages are driving the demand for acid dyes.

Stringent regulations and policies

The Centers for Disease Control and Prevention (CDC) in the US considers dyes, including acid dyes as hazardous compounds. Several health hazards associated with the use of acid dyes will impede the growth of the global acid dyes market size.

Competitive Landscape

The market appears to be fragmented with quite a few players occupying the market share. Companies such as Atul Ltd. and BASF SE have intensified competition. Factors such as the superior properties of acid dyes and the increasing demand for acid dyes from the textile industry will provide significant growth opportunities for acid dye manufacturers.

Key Players

  • Atul Ltd.
  • BASF SE
  • Clariant International Ltd.
  • Huntsman International LLC
  • Kiri Industries Ltd.

Key Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY APPLICATION

  • Comparison by application
  • Textile - Market size and forecast 2018-2023
  • Leather - Market size and forecast 2018-2023
  • Others - Market size and forecast 2018-2023
  • Market opportunity by application

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic comparison
  • APAC - Market size and forecast 2018-2023
  • North America - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

PART 11: MARKET TRENDS

  • Increase in innovations in the global textile industry
  • Increased adoption of environment-friendly dyes
  • Capacity expansion of global textile manufacturers in APAC

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Atul Ltd.
  • BASF SE
  • Clariant International Ltd.
  • Huntsman International LLC
  • Kiri Industries Ltd.

For more information about this report visit https://www.researchandmarkets.com/r/fqloge

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Related Topics: Dyes and Pigments

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