Disperse Dyes Market: Global Industry Forecast (2024-2030) by Type, Fiber Type, Application, and Region

Disperse Dyes Market size was valued at US$ 8.07 Bn. in 2023 and the total Disperse Dyes revenue is expected to grow at 5.5% through 2024 to 2030, reaching nearly US$ 11.74 Bn.
Disperse Dyes Market Overview:
Disperse dyes are commonly used to colour synthetic fibres e.g. polyester, nylon, acrylic, and acetate rayon due to their chemical qualities. Most types of polyester are hydrophobic and lack ionic characteristics, making it difficult to colour with anything except dispersion dyes.

The report explores the Disperse Dyes market's segments (Type, Fiber Type, Application, and Region). Data has been provided by market participants, and regions (North America, Asia Pacific, Europe, Middle East & Africa, and South America). It provides a thorough analysis of the rapid advances that are currently taking place across all industry sectors. Facts and figures, illustrations, and presentations are used to provide key data analysis for the historical period from 2018 to 2023. The report investigates the Disperse Dyes market's drivers, limitations, prospects, and barriers. This MMR report includes investor recommendations based on a thorough examination of the Disperse Dyes market's contemporary competitive scenario.To know about the Research Methodology :- Request Free Sample Report
Dynamics:
The increased usage of plastic and artificial hydrophobic fibers in automobile applications e.g. seat belts, airbags, upholstery, and flooring is increasing the demand for disperse dyes. Disperse dyes are used for superficial and general coloring in resins and polymers. The disperse dye mixture is especially well suited for coloring automotive interior textiles. Increasing usage of plastic in vehicles to reduce weight and reduce greenhouse gas emissions raises demand for disperse dyes. As per the European Automobile Manufacturers Association, 92.5 million automobiles were manufactured internationally in 2019. As a result, the thriving automobile sector contributes to the growth of the disperse dyes market.

Growing per-capita wealth and acceptance of Different cultures in emerging economies, particularly China and India, has fueled the rise of the fashion sector and increased the consumption of leather. Leather is used to make a broad range of products, including shoes, clothing, purses, and belts. As per the International Trade Center, overall spending on the export of products with leather, composite leather, or patent leather exterior surface climbed by 7.5 percent in 2019, totaling around $5.3 billion. Youth spending on clothes and fashion goods is boosting the industry growth. Additionally, as per the China Luxury Report, Chinese consumers both domestic and international spent 114 billion on luxury fashion products in 2018, representing a third of international spending.

Within certain circumstances, azo dyes induce disintegration, resulting in the formation of an Amino group. Amines are the name given to such substances. Some amines are naturally mutagenic and malignant, which means they can cause cancer. For example, the Ministry of Industry and Trade released new Vietnamese laws on the criteria for formaldehyde and azo dyes in textile goods in October 2017. Certain textile goods with fragrant amine concentrations of more than 30 mg/kg are exempted from the restrictions. Moreover, due to their cancerous qualities, the European Union and the state of California have prohibited a number of aromatic compounds e.g. 4-aminodiphenyl and Benzidine, trimethylaniline. When colorful garments come into proximity to the body, disperse dyes provide a danger of hypersensitivity and allergy. It can also be considered a possible hazard for children who have contact sensitivity.
Segment Analysis:
By Type, the high-energy dyes segment is expected to grow at a CAGR of 3.4% in the forecast period. High Energy dispersion dyes have a low dyeing pace, a rapid sublimation rate, a large molecular density, and a strong polarity. These dyes are appropriate for constant dyeing and are used to dye at temperatures exceeding 125°C. They have excellent all-around durability qualities. Better resilience to withering, when exposed to light, are significant elements driving the growth of the market for high-energy dispersion dyes. High energy dispersion dye, has poor migration during dyeing, which is expected to limit the market growth substantially.

By Fiber Type, the Polyester segment is expected to grow at a CAGR of 3.2% in the forecast period. Polyester dyes are in high demand in the automobile, building, and textile sectors. Polyester fibers are extensively used for dyeing because they are hydrophobic, meaning they absorb very little water. Polyester fibers have high elastic moduli, good resilience to folding deformations, great resistance to scratching, and highly resistant to oxidizing and reducing chemicals. As a result of polyester's superior qualities, the utilization of polyester-based dyes is increasing across a broad array of applications, which is anticipated to drive the growth of the disperse dye market. As per the International Trade Centre, 0.8 million tons of high tenacity filament yarn polyesters were shipped internationally in 2018 which was a 40,000-ton increase from the previous year.

By Application, the textile segment held the largest share of more than 25% in the disperse dye market in 2023. The increasing usage of synthetic fibers e.g. nylon, rayon, and polyester in garment applications due to their endurance, wrinkle-resistance, and corrosion resistance as compared to natural fibers are driving the market growth. Synthetic fibers are widely used in the production of clothing, rugs, furniture padding, and mattresses. The international textile sector is growing, and huge technical breakthroughs in the realm of paints and coatings are driving up global demand for dispersion dyes.
Disperse Dyes Market Regional Insights:
In 2023, Asia Pacific led the disperse dye market, accounting for more than 40 percent of the total, closely by North America and Europe. Population increase, increasing urbanization, and rising disposable income are driving the growth of the APAC disperse dyes market. The growing demand for garments and the advancement of the textile industry across different countries are assisting the regional market growth. As per the Indian Brand Equity Foundation, India's textile and apparel exports were US$38.5 billion in 2019 and reached nearly US$ 80 billion by 2023. Additionally, the increasing usage of polyesters, polyethylene, and rayon increases the demand for dispersion dyes.

Increasing healthcare expenditures and the usage of dispersion dyes in the manufacture of robes, masks, surgery curtains, postoperative hosiery, and cleansers are projected to drive the demand for disperse dyes in countries like India and China. For example, the Malaysian government allotted nearly US$ 6.8 billion to the public healthcare sector in 2019, an increase of 7.5% from 2018. Medical investment in China climbed 7.8 percent to nearly 13 billion US dollars in 2023.

The objective of the report is to present a comprehensive analysis of the Disperse Dyes market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the Disperse Dyes market dynamics, and structure by analyzing the market segments and projecting the Disperse Dyes market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Disperse Dyes market make the report investor’s guide.
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Global Disperse Dyes Market


Report Coverage
Details


Base Year:
2023
Forecast Period:
2024-2030


Historical Data:
2018 to 2023
Market Size in 2023:
US $ 8.07 Bn.


Forecast Period 2024 to 2030 CAGR:
5.5 %
Market Size in 2030:
US $ 11.74 Bn.


 Segments Covered:
by Type
Low Energy Dyes
Medium Energy Dyes
High Energy Dyes


by Fiber Type
Polyester
Nylon
Rayon
Cotton
Wool
Acrylic
Others


by Application
Textile
Leather
Paint and Coatings
Plastic
Others



Disperse Dyes Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Disperse Dyes Market Key Players
1. Dystar
2. Huntsman
3. Clariant
4. Yorkshire
5. BASF
6. Archroma
7. Varshney Chemicals
8. Akik Dye Chem
9. Lonsen
10.Runtu
11.Jihua
12.Yabang
13.Anoky
14.Dalian Shenglin
15.Afine Chemicals Limited

FAQs:

1. Which is the potential market for the Disperse Dyes in terms of the region?
Ans. APAC is the potential market for the Disperse Dyes in terms of the region.

2. What are the opportunities for new market entrants?
Ans. The increased usage of plastic and artificial hydrophobic fibers in automobile applications.

3. What is expected to drive the growth of the Disperse Dyes market in the forecast period?
Ans. Growing per-capita wealth and acceptance of Different cultures in emerging economies.

4. What is the projected market size & growth rate of the Disperse Dyes Market?
Ans. Disperse Dyes Market size was valued at US$ 8.07 Bn. in 2023 and the total Disperse Dyes revenue is expected to grow at 5.5% from 2024 to 2030, reaching nearly US$ 11.74 Bn.

5. What segments are covered in the Disperse Dyes Market report?
Ans. The segments covered are Type, Fiber Type, Application, and Region.