Textile Dyestuff Market: Global Industry Analysis and Forecast (2024-2030)

Textile Dyestuff Market size was valued at US$ 9.73 Bn. in 2023 and the total Textile Dyestuff revenue is expected to grow at 5.88% from 2024 to 2030, reaching nearly US$ 14.51 Bn.
Textile Dyestuff Market Overview:
Dyeing is the process of applying color to a fabric with some degree of durability or fastness. Dyestuffs are the substances that give color. These colorants are known as dyes when they have a great affinity for and persistence on fabrics. Dyes penetrate or disperse through the chemical composition of textile fibers to produce the final color of the apparel products. Due to the obvious molecular attraction between the particular dye and the unique textile fiber, the dye-fiber molecular interaction is also fully accountable for the extent of abrasion resistance or permanence of the color. Dyes are categorized as fiber specific. This means, that cotton dyes would not work on polyester, acrylic, wool, or any other regularly used textile materials.To know about the Research Methodology :- Request Free Sample Report

Natural dyes have been utilized for a variety of applications since the ancient period, most notably in the area of textile industries. The increased market for organic dyes, as well as the high costs of production, prompted the development of synthetic colors derived from petrochemical substances. Because of their large spectrum of color pigments and uniform coloring, they now dominate the textile business, producing approximately 0.8 million tonnes per year. Textile businesses use massive volumes of water in dyeing operations, making it difficult to handle massive amounts of toxic sewage. As a result, when released in non-treated or inadequately treated forms into the ecosystem (sky, land, vegetation, and water), they have negative consequences, producing a variety of human ailments.

In this report, the Textile Dyestuff market's growth reasons, as well as the market's many segments (Dye Type, Fiber Type, Application, and Region), are discussed. Data has been given by market players, regions, and specific requirements. This market report includes a comprehensive overview of all the significant improvements that are presently prevailing in all market segments. Key data analysis is presented in the form of statistics, infographics, and presentations. The study discusses the Textile Dyestuff market's Drivers, Restraints, Opportunities, and Challenges. The report helps to assess the market growth drivers and determines how to use these drivers as a tool. The report also helps to rectify and resolve issues related to the global Textile Dyestuff market situation.
Textile Dyestuff Market Dynamics:
The coronavirus outbreak had a negative influence on the textile dyestuff market in 2020. Given the pandemic situation, garment manufacturing operations were temporarily suspended during the state-imposed lockdown to stop the occurrence of virus cases, resulting in a drop in the output of clothing. As per Eurostat, between January 2021 and January 2020, the output of wearable garments fell by 24%, reducing demand for the textile dyestuff industry. However, demand for domestic and nursing textiles has grown exponentially during the current scenario, owing to increasing demand from clinics, such as bedsheets and robes, as well as a growth in people's choice to stay at home, boosting the demand for textile dyestuff.

The increased demand for textile dye from the garment sector is expected to bolster market growth in the coming years. Rigorous emission restrictions, as well as adverse conditions caused by the effect of the coronavirus outbreak, are projected to hinder the market's growth. The need for organically derived eco-friendly dyes is expected to increase in the near future. This is because customer perception has improved. Companies are also making it a point to supply less harmful products as part of their corporate social responsibility programs.

The dyeing performance defects are a major restraint for the market growth. For example, Heat selection has a direct impact on the dyeing efficiency of polyester and nylon. Unequal heating over the breadth of the center frame furnace results in irregular heat distribution across the fabric's width. As a result, flaws in side-center-side coloring i.e. shading are thermally set into the cloth. Uneven dampness level in the cloth when it enters the oven might also result in non-uniform heating.
Textile Dyestuff Market Segment Analysis:
By Application, the Apparel segment is expected to grow at a CAGR of 4.2% in the aforementioned forecast period. With the increased use of the internet, people are searching for easier purchasing, better deals, and simple return policies. The advent of internet sales has aided the growth of the apparel business. Clothing is now a representation of desire, individuality, and prestige. Individuals' apparel preferences have moved from need-based to ambition. Aspirational clothing demand has grown, which is projected to boost the textile dyes market growth. Dyestuffs, on the other hand, are hazardous to the environment since they are not compostable and take a lot of water to make. Environmental protections are having an influence on the production of synthetic colors decisively affecting the growth of the apparel industry.

In recent years, the global garment markets have grown at a remarkable rate. According to Statista, the apparel market generated USD 444 billion in 2023, up from USD 342 billion in 2019. Furthermore, market revenue is estimated to reach USD 727 billion in 2030, with a CAGR of 7.3 percent from 2024 to 2030. As a result, the aforementioned variables are anticipated to have a substantial influence on the textile dye industry in the forecast period.
Textile Dyestuff Market Regional Insights:
Due to rising demand from countries e.g. India and China, APAC is likely to lead the textile dyestuff market at the end of the forecast period. India and China together account for over 38% of the world's population. The increasing population is likely to increase apparel demand, prompting market growth over the forecast period. According to the National Development and Reform Commission, domestic sales of clothing and textiles in China for the first 11 months of 2019 were roughly USD 170.2 billion, showing a 3.1% growth year on year. Additionally, Chinese fabric and garment exports were valued at around USD 290.5 billion in 2023, with a year-on-year growth rate of 9.3 percent, increasing demand for textile dye inside the region.

As per the Ministry of Textiles of India, the Indian Textile Industry earned a revenue of around USD 145 million from activities during the fiscal year 2019, representing a growth rate of approximately 2.9% over the previous year, which increased demand for the market under consideration. As per the Statistics Bureau of Japan, the total sales of textile wholesalers in Japan in 2019 were around USD 26.5 billion, with a fall rate of approximately 3.45 percent, significantly impacting demand for the textile dye industry.

The objective of the report is to present a comprehensive analysis of the Textile Dyestuff 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 Textile Dyestuff market dynamics, and structure by analyzing the market segments and projecting the Textile Dyestuff market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Textile Dyestuff market make the report investor’s guide.
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Textile Dyestuff Market


Report Coverage
Details


Base Year:
2023
Forecast Period:
2024-2030


Historical Data:
2018 to 2023
Market Size in 2023:
US $ 9.73 Bn.


Forecast Period 2024 to 2030 CAGR:
5.88%
Market Size in 2030:
US $ 14.51 Bn.


 Segments Covered:
by Dye Type
Reactive
Dispersive
Direct
VAT
Basic
Acidic
Other Dye Types


by Fiber Type
Wool
Nylon
Cotton
Polyester
Viscose
Acrylic
Other Fiber Types


by Application
Apparel
Household Textiles
Industrial Fabrics
Other Applications



Textile Dyestuff 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)
Textile Dyestuff Market Key Players
1. Arihant Dyechem
2. Blendwell SA
3. Colosperse Dyes & Intermediates
4. Cosmonaut Chemicals
5. DEV COLOURS
6. DyStar Singapore Pte Ltd
7. Gopal Chemicals
8. Huntsman International LLC
9. Jiangsu World Chemical Co. Ltd
10. KeyColour
11. Kolorjet Chemicals Pvt Ltd
12. Mahickra Chemicals Limited
13. Organic Dyes and Pigments
14. Royce Global
15. S.A. Robama
16. Sun Chemical
17. Vipul Organics Ltd

Frequently Asked Questions:

1. Which region has the largest share in Global Textile Dyestuff Market?
Ans: Asia Pacific region held the highest share in 2023.

2. What is the growth rate of Global Textile Dyestuff Market?
Ans: The Global Textile Dyestuff Market is growing at a CAGR of 5.88% during forecasting period 2024-2030

3. What is scope of the Global Textile Dyestuff Market report?
Ans: Global Textile Dyestuff Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Textile Dyestuff Market?
Ans: The important key players in the Global Textile Dyestuff Market are – Arihant Dyechem, Blendwell SA, Colosperse Dyes & Intermediates, Cosmonaut Chemicals, DEV COLOURS, DyStar Singapore Pte Ltd, Gopal Chemicals, Huntsman International LLC, Jiangsu World Chemical Co. Ltd, KeyColour, Kolorjet Chemicals Pvt Ltd, Mahickra Chemicals Limited, Organic Dyes and Pigments, Royce Global, S.A. Robama, Sun Chemical, and Vipul Organics Ltd

5. What is the study period of this Market?
Ans: The Global Textile Dyestuff Market is studied from 2023 to 2030