The global textiles dyes market reached a valuation of US$ 6.7 billion in 2022 and is projected to grow to US$ 8.9 billion by 2033, expanding at a CAGR of 6.0% from 2023 to 2033.

Sales of direct textile dyes are expected to experience the fastest growth, surpassing US$ 2 billion by the end of 2031.

The India Brand Equity Foundation (IBEF) reports that India's textiles industry contributed 7% to industry output in FY 2018-19, with projections to exceed US$ 23 billion by 2027. Similarly, Textile World notes that China's chemical fiber production exceeded 50 million tons, representing over 66% of global production. These trends are prompting leading players to expand their presence in these markets.

For Critical Insights on This Market, Request a Sample Report
https://www.factmr.com/connectus/sample?flag=S&rep_id=6350

Textile Dye Demand from 2016-2020 Vs Projected Sales for 2021-2031

From 2016 to 2020, sales of textile dyes grew at a compound annual growth rate (CAGR) of approximately 5%. With the global textile industry thriving, there has been a heightened demand for fashionable and trendy clothing, prompting leading brands to incorporate appealing designs, which has driven sales of various types of dyes in recent years.

However, growth prospects were hampered during the COVID-19 pandemic, as mandated lockdowns halted textile production, creating a disruption in the demand-supply dynamics in the initial months. As countries gradually ease restrictions, growth is expected to rebound. Fact.MR forecasts a growth rate slightly above 6% CAGR during the assessment period from 2021 to 2031.

How Fast are Textile Dye Sales Expected to Incline in the U.S?

The market for textile dyes in the U.S. is anticipated to incline impressively, and is expected to reach nearly US$ 700 Mn by 2021-end. Growing contribution of the domestic textile industry is majorly stimulating demand for textile dyes across the country.

According to the National Council of Textile Organizations (NCTO), the U.S textile and apparel shipments totaled US$ 64.4 billion in 2020, and is the 2nd largest exporter of textile-related products in the world. Recently, manufacturers have inaugurated new facilities across the production chain, thus attracting key market players.

Key Segments Covered in the Textile Dyes Industry Survey

By Dye Type

  • Disperse Textile Dyes
  • Reactive Textile Dyes
  • Direct Textile Dyes
  • Acid Textile Dyes
  • Vat Textile Dyes
  • Basic Textile Dyes
  • Other Textile Dyes

Fiber

  • Cotton Textile Dyes
  • Viscose Textile Dyes
  • Wool Textile Dyes
  • Nylon Textile Dyes
  • Polyester Textile Dyes
  • Acrylic Textile Dyes
  • Other Fiber Textile Dyes

Region

North America

  • U.S.
  • Canada

Europe

  • Germany
  • U.K
  • France
  • Spain
  • Italy
  • Russia
  • Rest of Europe

East Asia

  • China
  • Japan
  • South Korea

South Asia

  • India
  • Rest of South Asia

Oceania

  • Australia
  • Rest of Oceania

Competitive Landscape

Some key textile dye manufacturers profiled in Fact.MR’s report include LANXESS AG, Huntsman International LLC, Atul Ltd., Anand International, DyStar Singapore Pte. Ltd., Colorant Limited, Kiri Industries Limited, Jay Chemical Industries Private Limited, Organic Dyes and Pigments LLC, and Archroma.

  • In February 2021, LANXESS AG signed a contract to acquire Emerald Kalama Chemical to acquire 100% of its shares at a purchase price of over US$ 1 billion. The objective behind this move is to strengthen its position in specialty chemicals manufacturing, including textile dyes and other consumer products.
  • In June 2019, Organic Dyes and Pigments LLC completed two relocation moves, enhancing its capabilities and efficiency to better serve its clients. This includes combining scattered offices in Rhode Island into one single facility, and combining their Concord NC and Union SC offices into one.

Key players in the Textile Dyes Market

  • Anand International
  • Archroma
  • Atul Ltd.
  • Big Sunshine International Co. Ltd.
  • Colorant Limited
  • Day Glo Color Corp.
  • Dev Colours
  • FUJIFILM Holdings America Corporation
  • Huntsman International LLC.
  • Jay Chemical Industries Private Limited
  • Kiri Industries Limited

Key Takeaways from the Market Study

  • Demand for direct textile dyes to remain high, reaching over US$ 2 billion by 2031
  • Reactive textile dyes to experience fastest growth at approximately 7% CAGR until 2031
  • Dyes for viscose fibers are expected to incline at a CAGR of around 6%
  • Polyester textile dyes to expand impressively, registering a CAGR of around 7%
  • The U.S. likely to register heightened textile dye sales, reaching almost US$ 700 million in 2021
  • India, South Korea, and Australia to collectively reach slightly over US$ 600 million by 2031
  • China to generate over US$ 2 billion in revenue across the textile dyes landscape

𝐂𝐨𝐧𝐭𝐚𝐜𝐭:

US Sales Office
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583, +353-1-4434-232
Email: sales@factmr.com