What is Synthetic Dyes?
Synthetic Dye could be a substance accustomed amendment or add color to the surface of a substrate. Dyes are majorly classified into natural and artificial dyes, whereby natural dyes square measure derived from plants, invertebrates, and minerals, and artificial dyes are factory-made from organic molecules. within the synthesis of dyes, correlation of chemical structure with color is accomplished using an auxochrome with chromogen–chromophore.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
High Growth Market | Africa |
Largest Market Share | 37.0% |
Unit | Value (USD Million) |
Key Companies Profiled | Archroma (Switzerland), BASF SE (Germany), The Chemours Company (United States), Venator Materials PLC (United Kingdom), Kronos Worldwide Inc. (United States), Tronox Ltd. (United States), Big Sunshine International (China), Huntsman International LLC (United States), DyStar Singapore Pte. Ltd. (Singapore) and Organic Dyes and Pigments LLC (United States) |
CAGR | 6.75% |
The market study is broken down by Type (Acid Dyes, Basic Dyes, Direct Dyes, Disperse Dyes and Others), by Application (Textile, Pharmaceutical, Construction, Leather, Automotive, Printing and Others) and major geographies with country level break-up. According to AMA, the Global Synthetic Dyes market is expected to see growth rate of 6.75%
The global market for synthetic dyes is fragmented by global players owing to the rising demand for synthetic dyes or artificial dyes in different applications like textile, food and beverages, oil paints. The player should focus on research and development to modify the properties of dye and integrate them with enhanced material properties for efficiency and longevity. Analysts at AMA Research estimates that Vendors from United States will contribute to the maximum growth of Global Synthetic Dyes market throughout the predicted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Archroma (Switzerland), BASF SE (Germany), The Chemours Company (United States), Venator Materials PLC (United Kingdom), Kronos Worldwide Inc. (United States), Tronox Ltd. (United States), Big Sunshine International (China), Huntsman International LLC (United States), DyStar Singapore Pte. Ltd. (Singapore) and Organic Dyes and Pigments LLC (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Kiri Industries, Atul Chemical Industry Ltd., Milliken Chemical, Samixcolor S.P.A., Cappelle, Union Colours, Sciencedye and Synthesia.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Synthetic Dyes market by Type, Application and Region.
On the basis of geography, the market of Synthetic Dyes has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Asia Pacific region held largest market share in the year 2021. If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Synthetic Dyes market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In 2018, Organic Dyes & Pigments LLC (ORCO) acquired Premier Colors, Inc., a leader in specialty chemicals in the textile, paper, coatings, and leather industries. This acquisition will complement the product portfolio of ORCO in Synthetic Dyes offering a broad range of high-quality dyes, pigments, and specialty chemicals used in a diverse base of industries including textiles, coatings, agricultural products, construction materials.
Market Trend
- Product Innovation with New Colours and Mixture with Different Finishing material for Efficient Applications
Market Drivers
- The rise in Demand for High-Performance Pigments
- Growth in Development of Digital Printing Industries
Opportunities
- Upsurge in Investment in R&D Activities to Develop Cost-Effective and Eco-Friendly Dyes
- The rise in Development of Smart Homes And Infrastructure Developments with Modern Dyed Tiles
Restraints
- Fluctuation in Raw Material Costs
- The rise in Awareness of Safety Issues
Challenges
- Increase in Preference for Natural Dyes
Key Target Audience
Synthetic Dyes Manufacturer, Supplier/Distributor, Raw Material Manufacturer, Research Institutes, End-User Industry and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.