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06/10/2019 | Press release | Distributed by Public on 06/10/2019 06:58

Textile Dyes Market worth $9.82 Billion by 2022

The report 'Textile Dyes Market by Dye Type (Direct, Reactive, VAT, Basic, Acid, Disperse), Type (Cellulose, Protein, Synthetic), Fiber Type (Wool, Nylon, Cotton, Viscose, Polyester, Acrylic), and Region (APAC, North America, Europe) - Global Forecast to 2027' The textile dyes market is projected to grow from USD 7.8 billion in 2018 to USD 13.0 billion by 2027, at a CAGR of 6.0% between 2018 and 2027. APAC is expected to dominate the global textile dyes market during the forecast period.

Browse 81 market data Tables and 31 Figures spread through 115 Pages and in-depth TOC on 'Textile Dyes Market by Dye Type (Direct, Reactive, VAT, Basic, Acid, Disperse), Type (Cellulose, Protein, Synthetic), Fiber Type (Wool, Nylon, Cotton, Viscose, Polyester, Acrylic), and Region (APAC, North America, Europe) - Global Forecast to 2022'
View detailed Table of Content here -https://www.marketsandmarkets.com/Market-Reports/textile-dye-market-226167405.html

Based on fiber type, the cotton segment is projected to lead the textile dyes market during the forecast period.

Cotton is estimated to be the largest fiber type segment of the textile dyes market in 2019. The large share can be attributed to its durability and abrasive resistance. This fiber type can retain many dyes, and is washable and ironable. These properties make the textiles derived from cotton appropriate for mass-produced clothing products.

Based on dye type, the disperse segment is projected to lead the textile dyes market during the forecast period.

The disperse dye segment is estimated to be the largest dye type segment of the textile dyes market in 2019, in terms of both value and volume. The demand for disperse dye continues to be driven by its use in many types fibers such as nylon, polyester, acetate, and triacetate.

APAC is expected to lead the textile dyes market during the forecast period.

APAC is expected to be the largest textile dyes market during the forecast period. Factors such as the growing demand for textile dyes and policies mandating the use of environment-friendly and low Volatile Organic Compounds (VOC) products have led to innovation in the textile dyes industry. In addition, the strengthening economy of countries such as China and India is attracting new investments in the region. These factors are driving the growth of the textile dyes market in APAC.

Key companies operational in the market include Archroma (Switzerland), Kiri Industries (India), Huntsman Corporation (US), Lanxess (Germany), and Zhejiang Longsheng Group Co (China).

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